AscendEX, formerly known as BitMax, has evolved into a dynamic digital asset platform since its founding in 2018. Catering to both novice and experienced crypto investors, it offers a comprehensive suite of financial products—from spot and futures trading to innovative yield-generating services like Staking, DeFi mining, and flexible savings options. With strong roots in quantitative trading from former Wall Street professionals, AscendEX emphasizes performance, security, and user-centric innovation.
Ranked among the top 20 exchanges by trading volume on CoinMarketCap and holding a perfect credit score on CoinGecko, AscendEX supports over 200 cryptocurrencies including major assets such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Dogecoin (DOGE). Its global appeal is further strengthened by multi-chain support, including Polygon (formerly Matic), Solana, ERC-20, and TRC20 networks—making cross-chain transfers faster and more cost-effective.
Whether you're interested in high-yield staking with instant unstaking, leveraging your staked assets for margin trading, or exploring diverse DeFi mining strategies, AscendEX delivers unique advantages that differentiate it from mainstream platforms.
👉 Discover how AscendEX compares to top-tier exchanges—start exploring advanced crypto finance today.
Core Features That Set AscendEX Apart
1. Wide Range of Staking Options with Flexible Trading Access
One of AscendEX’s standout offerings is its extensive Staking program, supporting approximately 60–80 different cryptocurrencies—many of which are not available for staking on larger exchanges. What truly sets it apart is the ability to use staked assets as collateral in leveraged trading.
This means users can earn passive income through staking rewards while simultaneously using those same tokens as margin in leveraged positions. For example, if you're bullish on Polkadot (DOT), you can stake your DOT tokens to earn yield and use them as collateral to open a long or short position—maximizing capital efficiency.
Additionally, AscendEX offers instant unstaking for most assets thanks to a dedicated liquidity pool. Unlike other platforms where unstaking can take days or even weeks, AscendEX allows users to access their funds almost immediately—a crucial advantage in volatile market conditions.
Another powerful feature is compound interest mode, where earned staking rewards are automatically re-staked, amplifying returns over time through compounding.
2. Frequent and High-Potential IEO Launches
AscendEX has built a strong reputation for hosting high-quality Initial Exchange Offerings (IEOs). Many projects launched on AscendEX see significant price appreciation upon listing, and nearly 40% of these projects later get listed on top-tier exchanges like Binance or Huobi.
This makes AscendEX an attractive destination for early-stage investors seeking exposure to promising blockchain ventures before they gain widespread adoption.
3. Multi-Chain Support for Faster, Cheaper Transactions
AscendEX supports multiple blockchain networks, including:
- Polygon (MATIC)
- Ethereum (ERC-20)
- TRON (TRC20)
- Solana
- THORChain
This multi-chain infrastructure enables users to deposit and withdraw assets quickly and at lower fees. For instance, using Polygon significantly reduces gas costs and transaction times compared to standard Ethereum transfers—ideal for active traders and yield farmers.
The integration of Solana also caters to users looking for high-speed, low-cost transactions within decentralized applications (dApps) and DeFi protocols.
4. Seamless Contract Trading Experience
AscendEX provides a smooth and responsive futures trading interface, suitable for both beginners and advanced traders. The platform displays real-time order book depth, execution details, and fee breakdowns—all essential tools for informed decision-making.
Users must first transfer funds to their futures account before trading, but once set up, the experience is intuitive and efficient. With competitive leverage options and tight spreads, AscendEX holds its own against leading derivatives-focused exchanges.
5. Diverse Crypto Finance Products
Beyond trading, AscendEX stands out with a rich ecosystem of yield-generating financial products:
➤ Savings Vault (Flexible Savings)
Similar to a bank fixed deposit, the Savings Vault allows users to lock crypto assets for fixed terms (typically 30–90 days) in exchange for attractive annualized returns—ranging from 20% to nearly 40%, depending on the asset.
Interest accrues daily starting the day after deposit, with principal and interest automatically credited upon maturity.
⚠️ Note: While yields are high, the underlying asset's market value may fluctuate. Users should consider price volatility when choosing assets for long-term deposits.
➤ DeFi Mining with Advanced Protocols
AscendEX goes beyond basic liquidity pools by offering multiple DeFi mining models:
- Liquidity Pools: Provide liquidity to trading pairs and earn transaction fees + token rewards.
- Lending Protocols: Deposit assets into lending pools to earn interest plus platform incentives.
- Derivatives Protocols (upcoming): Mint synthetic assets and contribute liquidity to earn fees.
- Yield Aggregator ("Gun Pool") (upcoming): Combine multiple strategies for optimized returns—ideal for experienced users who can time exits effectively.
This diversified approach gives users more control and flexibility than traditional yield farming platforms.
Fee Structure and Cost Efficiency
AscendEX uses a tiered fee model based on 30-day trading volume (in USDT):
| VIP Level | 30-Day Volume (USDT) | Maker Fee | Taker Fee |
|---|---|---|---|
| VIP0 | ≥ $0 | 0.10% | 0.10% |
| VIP1 | ≥ $100,000 | 0.09% | 0.10% |
Higher trading volumes unlock lower fees and additional benefits.
Moreover, users can reduce fees further by holding the native ASD token, which offers discounts ranging from 10% to 80% off trading fees depending on holdings.
The Role of ASD: AscendEX’s Native Utility Token
ASD is the platform’s utility token, designed to enhance user benefits across the ecosystem:
- Fee Discounts: Hold ASD to enjoy reduced trading fees.
- ASD Wealth Multiplier Card: A unique product that temporarily multiplies your ASD balance by 5x for 10 days—boosting your VIP level eligibility or staking power.
For example:
If you hold 9,000 ASD and purchase a multiplier card (costing 60 ASD), your remaining balance becomes 8,940 ASD. During the 10-day period, this amount is treated as 44,700 ASD for fee tier calculations or staking purposes—greatly enhancing benefits without requiring large capital outlays.
This innovative feature lowers the barrier to accessing premium-tier services for smaller investors.
Frequently Asked Questions (FAQ)
Q: Is AscendEX safe and trustworthy?
A: Yes. AscendEX was founded by former Wall Street quant traders and maintains a top-tier reputation with a 10/10 credit score on CoinGecko. It employs robust security measures including cold storage, multi-signature wallets, and regular audits.
Q: Can I trade futures on AscendEX?
A: Absolutely. The platform offers a user-friendly futures trading interface with real-time data, deep order books, and competitive fees—ideal for both new and experienced traders.
Q: Does AscendEX support Taiwanese users?
A: Yes. While regulatory compliance is the user’s responsibility, AscendEX accepts international users and supports multiple languages, including Traditional Chinese.
Q: How do I start earning with Staking on AscendEX?
A: Simply navigate to the Staking section, select a supported asset, choose your term (if applicable), and confirm your deposit. You can even use staked assets as margin for leveraged trades.
Q: What makes AscendEX different from Binance or OKX?
A: While Binance and OKX dominate in scale and liquidity, AscendEX differentiates itself with niche innovations like instant unstaking, staked asset leverage, multi-protocol DeFi mining, and high-yield savings products not widely available elsewhere.
Q: Are there any referral bonuses for new users?
A: While direct referral programs may vary, many third-party sites offer incentives. However, always verify legitimacy before signing up through external links.
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Final Thoughts: Who Should Use AscendEX?
AscendEX is ideal for:
- Investors seeking high-yield staking and savings products
- Traders who want to leverage staked assets
- Early adopters looking for promising IEO projects
- Users active on Polygon or Solana ecosystems
While larger platforms like Binance or OKX offer broader market depth and more educational resources, AscendEX excels in niche financial innovation and capital efficiency—making it a compelling choice for sophisticated crypto users.
Its combination of institutional-grade infrastructure, flexible product design, and forward-thinking DeFi integrations positions it as one of the most underrated yet powerful exchanges in the current landscape.
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As the digital asset space continues to evolve, platforms like AscendEX demonstrate that innovation isn’t just about scale—it’s about solving real user pain points with smart, practical solutions. Whether you're maximizing yields or executing complex trades, AscendEX offers tools worth considering in your crypto journey.