Buy AscendEx (ASD)
What is AscendEx?
AscendEx is a global digital asset financial platform that facilitates trading of a wide range of cryptocurrencies. It combines elements of centralized finance and decentralized finance (DeFi) to offer comprehensive trading services, including spot, margin, and futures trading for numerous blockchain projects. The platform features a native utility token known as ASD (AscendEx Token), which is used for transactions and operations within the platform.
How does AscendEx work?
AscendEx operates by providing a high-performance trading environment supported by advanced technologies used commonly in institutional-grade financial systems. This includes in-memory matching algorithms, distributed messaging frameworks, and robust security protocols involving multi-factor authentication and hardware/software wallets. As a centralized platform, it does not operate its own blockchain but rather integrates features from traditional and DeFi frameworks to enhance user experience and market access.
What are the potential use cases for AscendEx?
- Trading Services: ASD is used for trading fee discounts and as a unit of exchange for spot, margin, and futures trading operations.
- Staking and Rewards: Users can stake ASD for benefits like reduced transaction fees and participation in airdrops.
- Investment Products: The token is also utilised within various investment products offered on the platform, such as discounted trading schemes and staked rewards.
- DeFi Integration: Supports various DeFi applications, giving users strategic advantages with early adoption and product development aligned with DeFi trends.
What is the history of AscendEx?
Founded in 2018 by experienced Wall Street quantitative trading veterans, AscendEx initially launched as BitMax.io. With the aim to innovate in financial markets and support the crypto economy, it underwent rebranding to AscendEx on March 22, 2021, enhancing its interface and functionalities to better align with the DeFi ecosystem. Over the years, AscendEx has expanded its offerings to over 200 digital assets, serving clients across more than 200 countries, leveraging advanced trading technologies for improved performance and security.
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Frequently Asked Questions (FAQs)
What is the current price of AscendEx (ASD)?
The AscendEx price is $0 AUD, representing a 0% from the day prior.
Where is the best place to buy AscendEx (ASD) in Australia?
The best place to buy AscendEx (ASD) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell AscendEx (ASD) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of AscendEx (ASD)?
The trading volume of AscendEx (ASD) is $0 AUD in the last 24hrs, representing a 0% from the day prior.
How can I buy AscendEx (ASD)?
AscendEx (ASD) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of AscendEx (ASD)?
The current market cap of AscendEx (ASD) is $0 AUD.
Can I convert AscendEx (ASD) to cash?
Yes - With Coinstash you can convert your AscendEx (ASD) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many AscendEx (ASD) are there?
The current circulating supply of AscendEx (ASD) is 0.
Is Coinstash a safe place to buy AscendEx (ASD) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling AscendEx (ASD) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.