What is ASCENDEX?

AscendEX (previously BitMax) is a worldwide digital currency exchange platform that offers a complete product portfolio that consists of live, financial, and margin derivatives, stake functionality, and wallet options for just above 150 digital currencies including, Ether, XRP, and BTC.

Does ASCENDEX offer margin trading?

AscendEX exchange offers margin trading to its customers for Bitcoin and various different altcoins. They allow for up to 25x leverage, and a list of some of the cryptos they allow for margin trading can be found in the image below.

What are ASCENDEX futures contracts?

The futures contracts that AscendEX offers are called “perpetual contracts,” which are available for 15 trading pairs with collateral in BTC, ETH, USDT, USDC, or PAX. AscendEX perpetual contracts do not expire, so you can hold longs or shorts for any period of time you desire as long as you have enough margin.

How do I receive a token from ASCENDEX?

The first is by crypto deposit, where you can navigate to your online wallet, select the token you wish to receive, copy the deposit address by the token on AscendEX Deposit page, paste it on your online wallet, and then send the token to that AscendEX deposit address.