MEXC vs. AscendEX

Founded by skilled quantitative trading professionals from major financial hubs including Wall Street, Europe, and Japan, MEXC (formerly MXC) operates as a decentralized entity focused on providing secure, efficient, and user-friendly cryptocurrency trading services for digital asset enthusiasts worldwide. The MEXC platform encompasses five unique business models: Spot Trading, C2C, Derivatives, PoS Pool, and MXC Labs. Utilizing a high-performance mega-transaction matching engine and a distributed "Super Node" initiative, it fosters strong community governance. In addition, the protection of assets is entrusted to leading security firms such as Palmim and Knownsec. MEXC distinguishes itself as a platform deeply rooted in cryptocurrency and backed by experienced blockchain industry experts from renowned financial centers. By emphasizing safety and user satisfaction, MEXC strives to offer smarter and more accessible exchange solutions while aiming to establish itself as a premier cryptocurrency exchange globally. The organization also actively pursues innovation and remains responsive to the dynamic requirements of the cryptocurrency landscape, ensuring it stays ahead in a competitive market.

As a global hub for digital asset trading, users can actively buy and sell Bitcoin, Ethereum, USDT, and numerous altcoins. By enrolling in the ASD Investment Product, participants can join a distribution pool that corresponds to their share, while depositing ASD (formerly BTMX) enables them to earn leading cryptocurrencies daily as returns. The platform simplifies borrowing and repayment through direct trading, offering interest-free transactions every eight hours, and users can effortlessly close all positions with just one click. Holding ASD grants access to lower VIP fees, and features like instant unbonding, compound mode, and staked assets can serve as margin collateral. AscendEX, which rebranded from BitMax, has launched a cutting-edge tiered VIP fee and rebate system aimed at benefiting both traders and ASD holders, thereby enriching the trading experience within its ecosystem. These VIP tiers are organized with discounts relative to standard trading fees and are based on either the trailing 30-day trading volume in USDT across various asset categories or the average unlocked ASD holdings during that timeframe. This rewarding structure not only appreciates loyalty but also motivates participants to increase their trading volumes, fostering a vibrant atmosphere for all users involved, encouraging them to explore new trading strategies and participate more actively in the platform’s offerings.