AscendEX Reviews & Ratings

AscendEX

5.0 out of 5 stars

Ratings and Reviews 0 Ratings

Total 0 out of 5 stars
ease 0 out of 5 stars
features 0 out of 5 stars
design 0 out of 5 stars
support 0 out of 5 stars

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Ratings and Reviews 1 Rating

Total 5 out of 5 stars
ease 5 out of 5 stars
features 5 out of 5 stars
design 5 out of 5 stars
support 5 out of 5 stars

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What is dYdX?

Discover a powerful trading platform tailored exclusively for cryptocurrency investments. You can execute short or leveraged transactions with leverage as high as 10x, in addition to taking part in Margin and Perpetual trading. There's also the flexibility to borrow any supported cryptocurrency directly into your wallet, allowing you to use your existing holdings as collateral. By depositing assets, you can earn interest over time, with rates that fluctuate based on the current market landscape. Manage, monitor, and close your margin positions effortlessly while tracking the performance of your portfolio consistently. Trade without the worry of counterparty risk, guaranteeing that you retain full control of your funds throughout your trading journey. The platform integrates spot and lending liquidity from multiple exchanges, permitting margin trading with leverage up to 4x, so you can support your trades with various accepted collateral. With no sign-up requirements, you can jump into trading immediately from anywhere in the world. The entire infrastructure operates on Ethereum Smart Contracts, meticulously crafted and verified by leading industry experts. This combination of advanced features not only prioritizes security but also greatly enhances the overall user experience, making it an ideal choice for both novice and seasoned traders.

What is AscendEX?

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.

Media

Media

Integrations Supported

CryptoTax360°
Hummingbot
Cosmology
DeFi Explore
Gunbot
L2BEAT
Lore
TradeFuse
Tres Finance
WalletLink
WizzCrypto

Integrations Supported

CryptoTax360°
Hummingbot
Banxa
Bittax
CoinGecko
Hedgehog
Koinly
Kryptos
MultiversX
aelf

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS
Android
iPhone
iPad

Supported Platforms

SaaS
Android
iPhone

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

dYdX

Date Founded

2017

Company Location

United States

Company Website

dydx.exchange/

Company Facts

Organization Name

AscendEX

Date Founded

2018

Company Location

Singapore

Company Website

ascendex.com

Categories and Features

Categories and Features

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