AscendEX (BitMax)

AscendEX (formerly BitMax) is a cryptocurrency exchange platform that caters to both novice and experienced traders. It provides a diverse range of digital assets for trading and offers competitive trading fees. The platform is known for its advanced trading features, including margin trading and futures contracts. AscendEX is committed to security and compliance, ensuring a reliable trading environment for users worldwide.

Key facts

#46
Trust rank
CoinGecko
3.5/5
Our rating
Exchange typeCentralized (CEX)
Licences / regulatorsMonetary Authority of Singapore (MAS); Financial Crimes Enforcement Network (FinCEN) - USA; Financial Transactions and Reports Analysis Centre of Canada (FINTRAC); Australian Transaction Reports and Analysis Centre (AUSTRAC)

Updated

Pros

  • • Wide Range of Trading Pairs
  • • Advanced Trading Features
  • • Competitive Fee Structure
  • • High Liquidity
  • • Robust Security Measures
  • Cons

  • • Limited Customer Support
  • • Complex User Interface
  • • Restricted Fiat Currency Options
  • • Limited Educational Resources
  • • Withdrawal Fees
  • Key Features

  • • Spot and Futures Trading
  • • Advanced Security Measures
  • • Comprehensive Trading Tools
  • • Staking and Yield Farming
  • • User-Friendly Interface
  • How we review: We rate exchanges on security, regulation, fees, products, UX, and reputation using independent research and platform testing where possible. Partners cannot buy higher scores. This content is informational only, not investment advice.

    See our Methodology and Risk Disclosure for full details.

     

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    Frequently Asked Questions

    AscendEX, formerly known as BitMax, is a cryptocurrency exchange platform that offers trading services for a wide range of digital assets. It provides spot, futures, and margin trading options to its users.

    AscendEX implements various security measures, including two-factor authentication (2FA), cold wallet storage for digital assets, and regular security audits to enhance the safety of user funds and data.

    AscendEX employs a tiered fee structure based on the user's 30-day trading volume and account balance. Fees can vary, but generally, they start at 0.10% for both makers and takers.

    AscendEX primarily supports cryptocurrency deposits and withdrawals. However, it does offer limited fiat currency support through third-party payment providers for certain currencies.

    AscendEX provides customer support through various channels, including email, a help center with FAQs, and live chat support for registered users.

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