AscendEX review

AscendEX supported cryptocurrencies

AscendEX offers an impressive lineup of 552 different cryptocurrencies, from well-known giants like Bitcoin and Ethereum to a diverse array of intriguing altcoins. With 653 trading pairs available, you have a wealth of opportunities to explore and trade.

AscendEX supported fiat

AscendEX makes it easy for everyone by supporting a variety of fiat currencies like USD. This means you can deposit and withdraw funds in your local currency without any hassle.

AscendEX deposit and withdrawal methods

AscendEX makes it easy to deposit cryptocurrencies directly from external wallets. If you prefer fiat, you can buy crypto using credit or debit cards through services like Simplex and MoonPay, with a typical fee of 3.5%. Withdrawals are straightforward and handled via crypto transfers to external wallets, ensuring flexibility and ease of use.

AscendEX loans

AscendEX doesn't currently offer traditional loan products. Instead, it focuses on margin trading, allowing you to borrow funds for leveraged trading. This service is geared toward trading activities rather than general-purpose loans.

AscendEX restricted countries

AscendEX limits access to users from certain countries due to legal and regulatory guidelines. For instance, users from the U.S., North Korea, Iran, and Cuba are unable to access the platform. These restrictions are in place to comply with international regulations and ensure a safe trading environment.

Is it possible to use leverage or margin trading on AscendEX?

AscendEX provides the option for leverage and margin trading, allowing users to borrow funds and increase their trading positions. With leverage up to 100x available on some trades, this feature can be a powerful tool when used carefully. To help manage potential risks, AscendEX also offers tools like stop-loss orders and margin calls.

AscendEX Spot Trading

AscendEX offers a simple and user-friendly spot trading platform, allowing users to buy and sell cryptocurrencies without the need for leverage. It supports a wide range of assets and provides useful tools like advanced charts to help with market analysis. With competitive fees and an intuitive interface, AscendEX makes spot trading accessible for both beginners and experienced traders.

AscendEX Earning Services

AscendEX offers several ways for users to grow their crypto holdings. You can stake assets to earn rewards with AscendEX Staking, or explore DeFi Yield Farming for decentralized finance earnings. The platform also has a Savings feature, where you can earn interest on flexible or fixed-term deposits. These options give you flexibility to choose the earning method that suits your goals.

AscendEX OTC Trading

AscendEX provides a convenient OTC Trading service for large transactions starting at $100,000. It supports major assets like BTC, ETH, and USDT, and all trades are handled through Prime Trust, a regulated U.S. custodian. To get started, users simply need to complete KYC verification, making it a secure option for high-volume traders.

AscendEX Fees

AscendEX applies a 0.1% fee for major tokens and 0.2% for altcoins in spot trading, with futures trading fees at 0.02% for makers and 0.06% for takers. Withdrawals are subject to fees depending on the cryptocurrency, while deposits are free. Since fees may change over time, it's a good idea to confirm the latest rates directly on the AscendEX website.