AscendEX is – like so many other exchanges – from Singapore. The platform launched on 22 March 2021, after a name change from BitMax. AscendEX today supports trading in a quite decent number of cryptocurrencies. You can find all of the biggest ones here, and the platform has 190+ trading pairs and 40 different margin trading pairs.
What is ASCENDEX 2021?
22 March 2021: AscendEX is the new name of BitMax. What is AscendEX? AscendEX is – like so many other exchanges – from Singapore. The platform launched on 22 March 2021, after a name change from BitMax. AscendEX today supports trading in a quite decent number of cryptocurrencies.
Is ASCENDEX a good crypto exchange for US investors?
Another example was when they sued Bitfinex and claimed that the stablecoin Tether (USDT) was misleading investors. It is very likely that more cases will follow. AscendEX does not allow US-investors on its exchange. So if you’re from the US and would like to engage in crypto trading, you will have to look elsewhere.
Are ASCENDEX's fees competitive?
The fees charged by AscendEX are competitive. Industry average has for a long time been 0.25% but we now see many exchanges moving towards lower trading fees (0.05%-0.15%). Regardless of which exchange you compare AscendEX's fees to, they are competitive. Another fee to consider before choosing which exchange to trade at is the withdrawal fee.
