AscendEX

If a demo version is added to the exchange, it will become a real must-have for beginners. Otherwise, there are certain risks. It's worth entering here with at least minimal experience. However, you can calmly hone your skills here. It's better to start with a simple terminal. There isn't really a minimum deposit, so you can start with almost any amount. The pairs are only crypto-to-crypto, and there aren't many options across the markets. But there are enough directions. The main advantage is a 0.1% commission for Bitcoin trades. For altcoins, it is twice as high, but beginners most often work with Bitcoin. You can trade both on a computer and on a mobile phone. Apps are available for both operating systems.

Date of experience: фев 27, 2025

I started using this exchange at the beginning of the year. Overall, I haven't noticed anything outstanding. The exchange looks quite normal, offering spot and margin trading (leverage up to 25), as well as futures contracts. There are three markets on the spot, all cryptocurrency, but there are quite a few instruments. Fiat is not supported on this exchange, except for the option to buy crypto through an exchange service. Trading can be done through both regular and professional terminals, depending on convenience. As for liquidity, it varies depending on the trading pair. I didn't like working with altcoins through this exchange, as the volumes are clearly lacking. Sometimes I had to wait a long time for a limit order to be executed. Everything is fine with the major pairs. I'm also not entirely clear on the logic behind the fee structure. For example, they have separated trading fees for major assets and altcoins, which seems logical and should increase liquidity. However, the rates for trading altcoins turned out to be higher for both takers and makers. There's not much to say about the exchange itself, just that it is a successor to BitMEX, but I haven't traded there, so I don't have any information about it. Overall, the reputation seems to be fine.

Date of experience: июл 23, 2025

Pros: - Spot, margin, and futures trading available on one platform; - Professional and simplified terminals for all types of trading; - Wide selection of assets (over 100 tokens); - Low fees for highly liquid assets (from 0.1%); - Negative fees for liquidity providers with high turnover; - Leverage up to x25 on margin trading and up to x100 on futures trading; - Interesting investment offerings – staking, own token, etc. Cons: - Low trading volume; - No fiat currencies (although you can buy cryptocurrency with a card); - Limited market selection (the ETH market is represented by only one pair); - No demo account for beginners. I don't know who to recommend this exchange to. It is not suitable for beginners due to the lack of a demo account, and the translation in places leaves much to be desired (although the localization is better than many other crypto exchanges). It is also unlikely to suit professional traders due to the low turnover and, consequently, low liquidity in many areas, although margin trading with good leverage and futures may be of interest. Perhaps it will suit intermediate players willing to take risks.

Date of experience: май 06, 2024

I worked with Bitmax even before its rebranding, and after the changes, the essence of the platform remains the same. It is still a Chinese platform. They are far from reaching the level of Binance, and I doubt they will be able to get close to that level. Their turnover is around 100 million dollars a day (for comparison, Binance has about 11 billion), so by this measure, they barely make it into the top hundred. Because of this, liquidity leaves much to be desired. However, if you trade popular pairs, there won't be any problems. The exchange provides all the necessary tools for trading, including various types of orders, spot and margin trading, futures, staking, and much more. Personally, the lack of fiat doesn't bother me, as many large exchanges also don't have it, and that's normal. The fees are average, and the withdrawal rates are low. There are no issues with payouts; everything is withdrawn in full. Overall, the exchange is decent, providing opportunities for earning and withdrawing funds.

Date of experience: ноя 23, 2024

I have been trading on this platform for quite a while, and before AscendEX, I didn't have significant trading experience. Here, I quickly got the hang of the full terminal. I recommend beginners start with the basic interface, as it is more intuitive and not overloaded with features that you probably won’t need. I mainly trade BTC, LTC, and ETH, and I often use the internal token ASD, which has good volumes and nice bonuses. I don’t engage in margin trading or futures, as I lack sufficient knowledge and experience, and I’m not used to taking risks unnecessarily. However, this could be useful for other traders, as the leverage here is quite impressive. Investment opportunities like staking also don’t interest me. I would like to note that it would be great to have fiat support, especially in crypto/fiat pairs. This isn't critical, but I wouldn't mind working with cross-currency directions.

Date of experience: июл 04, 2025

I tested this exchange and concluded that it has good prospects. Right now, it has almost everything a medium trader needs. The only things missing are: 1) Full support for fiat currencies, especially pairs with fiat, and 2) A desktop version of the terminal (currently, only web and mobile apps for Android and iOS are available). It would also be good to increase the trading volume, although that doesn't depend on functionality. The volumes are indeed quite modest. The trading terminal operates on the Trading View platform and offers simplified and functional formats. The differences between them lie in the interface and features. Both options work quickly, and there were no issues with order execution in either of them. Only cryptocurrency pairs are available, and trading can be done with BTC, ETH, and USDT. There are the most trading options with Tether, while there are very few with Ethereum. The commission is 0.2% for both sides with the possibility of reduction. For BTC, it is 0.1%. Speaking of functionality outside of trading, the exchange, like many crypto projects in recent years, plans to create its own ecosystem. They already have their own token, ASD, and various investment offerings, which also indicates certain prospects.

Date of experience: апр 25, 2024

The exchange makes payouts. I use it to diversify my assets. It is starting to gain popularity and attract attention in the CIS market. To fully work with the exchange, you need to verify your account, after which you can buy and sell using your cards. The exchange has an extensive knowledge base. If you have the time and desire, you can delve into learning. Promotions are often held, and to not miss out on good offers, it's better to download the app, which will allow for quick transactions. However, for anonymous selling, it's worth considering other exchanges. This is one of the few platforms that pays out money for stocks.

Date of experience: дек 04, 2024