What Is Ascendex?
AscendEX (formerly BitMax) is a global digital asset financial platform founded by a group of Wall Street quantitative trading veterans in 2018, building on core value of “Efficiency, Resilience and Transparency.” Driven by its continuous product development and early-mover advantage in strategic alignment with the DeFi ecosystem, AscendEX offers trading services across over 200 trading pairs across cash, margin, and futures products, in particular margin trading of over 50 tokens in cross-asset collateral mode and futures trading in both cross-asset and isolated margin modes.
Important Points Table Of AscendEX
| Basic | Points |
|---|---|
| Coin Name | AscendEX |
| Short Name | Bitmax |
| Max Supply | 50,000,000 |
| Explorer | Click Here To View |
| Chat | Click Here To Chat |
| Website | Click Here To Visit |
How to Buy the AscendEX Coin & Trade On Exchange?
Spot Trading Fee
• Cash trading and margin trading are subject to the same VIP level structure and transaction fee schedule.
• For futures trading, there will be a seperate set of VIP level structure and transaction fee schedule.
• Transaction fee for UAT/USDT is 0.2%.
• Transaction fee for ASDP/USDT is 0.5%. Sign in to check VIP Level
Tiered VIP Fee Calculations
• AscendEX Coin adopts a tiered VIP transaction fee structure. VIP tiers will have discounts set against base trading fees and are based on trailing 30-day trade volume (in USDT) and trailing 30-day average unlocked ASD holdings.
• User’s trailing 30-day trade volume (in USDT) will be calculated every day at UTC 0:00 based on the daily average price of each trading pair.
• User’s trailing 30-day average unlocked ASD holdings will be calculated every day at UTC 0:00 based on the user’s average holding period.
• AscendEX will take snapshots of trade volume and unlocked ASD holdings in users’ sub-accounts every day at UTC 0:00 and combine them into each parent account.
Sub-account VIP Fee
Each parent account’s VIP level is determined by the trailing 30-day trade volume and the trailing 30-day average unlocked ASD holdings of the parent account and sub-accounts. VIP fee requirements for the existing sub-accounts will follow that of each parent account.
| VIP Level | Trailing 30d Trade Volume (USDT) | Category | Trailing 30d Avg ASD Holdings | Maker / Taker Fee (Large Market Cap Assets) | Maker / Taker Fee (Altcoins) |
|---|
| VIP0 | ≥ 0 | OR | ≥ 0 | 0.1000% / 0.1000% | 0.2000% / 0.2000% |
| VIP1 | ≥ 100,000 | OR | ≥ 5,000 | 0.0900% / 0.1000% | 0.1800% / 0.2000% |
| VIP2 | ≥ 1,000,000 | OR | ≥ 20,000 | 0.0750% / 0.0850% | 0.1600% / 0.1800% |
| VIP3 | ≥ 5,000,000 | OR | ≥ 100,000 | 0.0600% / 0.0700% | 0.1300% / 0.1500% |
| VIP4 | ≥ 10,000,000 | OR | ≥ 250,000 | 0.0500% / 0.0600% | 0.1000% / 0.1200% |
| VIP5 | ≥ 25,000,000 | OR | ≥ 500,000 | 0.0400% / 0.0500% | 0.0750% / 0.1000% |
| VIP6 | ≥ 50,000,000 | OR | ≥ 1,000,000 | 0.0300% / 0.0400% | 0.0500% / 0.0700% |
| VIP7 | ≥ 100,000,000 | OR | ≥ 1,500,000 | 0.0200% / 0.0300% | 0.0200% / 0.0400% |
| VIP8 | ≥ 150,000,000 | AND | ≥ 2,500,000 | 0.0000% / 0.0250% | 0.0000% / 0.0250% |
| VIP9 | ≥ 500,000,000 | AND | ≥ 5,000,000 | -0.0150% / 0.0200% | -0.0150% / 0.0200% |
Futures Trading Fee
Tiered VIP Fee Calculations
• AscendEX adopts a tiered VIP transaction fee structure. VIP tiers will have discounts set against base trading fees and are based on trailing 30-day trade volume (in USDT) and trailing 30-day average unlocked ASD holdings.
• User’s trailing 30-day trade volume (in USDT) will be calculated every day at UTC 0:00 based on the daily average price of each trading pair.
• User’s trailing 30-day average unlocked ASD holdings will be calculated every day at UTC 0:00 based on the user’s average holding period.
• AscendEX will take snapshots of trade volume and unlocked ASD holdings in users’ sub-accounts every day at UTC 0:00 and combine them into each parent account.
Sub-account VIP Fee
Each parent account’s VIP level is determined by the trailing 30-day trade volume and the trailing 30-day average unlocked ASD holdings of the parent account and sub-accounts. VIP fee requirements for the existing sub-accounts will follow that of each parent account.Sign in to check VIP Level
| VIP Level | Trailing 30d Trade Volume (USDT) | Category | Trailing 30d Avg ASD Holdings | Maker / Taker Fee (Large Market Cap Assets) |
|---|
| VIP0 | ≥ 0 | OR | ≥ 0 | 0.0200% / 0.0600% |
| VIP1 | ≥ 5,000,000 | OR | ≥ 5,000 | 0.0150% / 0.0600% |
| VIP2 | ≥ 50,000,000 | OR | ≥ 20,000 | 0.0100% / 0.0500% |
| VIP3 | ≥ 100,000,000 | OR | ≥ 100,000 | 0.0075% / 0.0450% |
| VIP4 | ≥ 150,000,000 | OR | ≥ 250,000 | 0.0050% / 0.0400% |
| VIP5 | ≥ 300,000,000 | OR | ≥ 500,000 | 0.0025% / 0.0350% |
| VIP6 | ≥ 500,000,000 | OR | ≥ 1,000,000 | 0.0000% / 0.0320% |
| VIP7 | ≥ 1,000,000,000 | OR | ≥ 1,500,000 | 0.0000% / 0.0300% |
| VIP8 | ≥ 2,000,000,000 | AND | ≥ 2,500,000 | -0.0050% / 0.0300% |
| VIP9 | ≥ 5,000,000,000 | AND | ≥ 5,000,000 | -0.0150% / 0.0300% |
Sign Up on AscendEX Today
Investment Product
AscendEX Coin Stake ASD to earn daily rewards in USDT, BTC, and ETH.
Cross-Asset Margin Mode
Borrow and repay directly through trading, borrow interest-free within 8 hours, and unwind all position with one click.
Fee Discounts
Obtain VIP fee discount levels based on the size of your ASD positions.
Staking Service
Unique features to help you maximize your returns: Instant Unbonding, Compound Mode and the ability for Staked Assets to be used for Margin Collateral.
Strategic Partner for Token ListingsBuilt by a group of Wall Street quant trading veterans, AscendEX is a leading digital asset trading platform with a proven track record listing some of the industry’s outstanding projects with a holistic support structure.Top-performing Exclusive ListingsComprehensive marketing & infrastructure supportRobust & vibrant altcoin markets.
Holistic Listing Support
Both primary and follow-on listings receive comprehensive support spanning marketing, communities, infrastructure support, and liquidity provision allowing projects to focus on building utility & fundamental value while AscendEX manages the rest.
Diverse Global Presence
AscendEX has a diverse global user base of retail and institutional traders from over 200 countries. This global presence promotes diverse trading activities & community engagement across time zones. Top countries include: China, Vietnam, India, Russia, South Korea, Japan, Turkey, Germany, United Kingdom, Netherlands, etc.
Strategic Liquidity Incentives
AscendEX Coin promotes efficient trading for new listings by incentivizing liquidity providers with the industry’s most attractive rebates of 1.5 bps (0.015%) and minimizing transaction costs for takers with fees as low as 2.0 bps (0.02%).
Innovative Staking Support
AscendEX’s unique staking platform supports higher & more resilient stake ratios for blockchain networks by allowing users to compound staking rewards & use staked assets as margin collateral, thus eliminating the need to unbond to hedge exposure.
Where Can Buy AscendEX Coin
