ASCENDEX
✅ Active🏛️ Centralized
🏆 Arbi.TEAM 1/10
🏆 Arbi.TEAM 1/10
ID: ascendex
📢 Public notice: Before arbitrage on ASCENDEX, verify withdrawal network status and final fee at transfer time.
🚨 Alert notice: During volatility spikes, withdrawals may be delayed and additional risk/compliance checks can be triggered.
📋 Basic information
📊 Trading statistics
🪙 Coins in Arbi.TEAM942
🔗 Spreads51
📖 About exchange
AscendEX
Singapore institutional-grade exchange
CEXTS —2018
—24h Volume
—Coins
—Pairs
—Rank
Basic Information
| Founded | 2018 |
| Country | Singapore |
| Type | Centralized Exchange (CEX) |
History
AscendEX founded in 2018 in Singapore as BitMax. Team from Morgan Stanley, Bloomberg, Google.
In 2020 rebranded to AscendEX. Early adopter of staking and structured products.
In 2022 suffered $77M hack with full user compensation. Security significantly enhanced.
Key Features
🏛️
Institutional Tools
FIX protocol, low latency.
💰
Structured Products
Shark Fin, Double Dollar.
⛏️
Liquidity Mining
Earn from pools.
🔄
Cross Margin
Unified account.
🔗
Staking
PoS tokens.
Trading Fees
| Operation | Fee |
|---|---|
| Spot — Maker | 0.10% |
| Spot — Taker | 0.20% |
| Futures — Maker | 0.02% |
| Futures — Taker | 0.06% |
Security
2FA, biometrics, keys
Multi-sig
Hack compensation
Threat monitoring
Audits
Geography & KYC
AscendEX in Singapore. KYC mandatory. Unavailable in US.
Pros & Cons
Pros
- TradFi team
- Structured products
- Fast API
- Loss compensation
Cons
User Reviews
Professionals value API speed. Structured products receive positive feedback.
AscendEX suited for algorithmic arbitrage.
Fast API. FIX protocol reduces latency. Tight spreads.