AscendEX vs CoinEx: Fees, Coins, Safety Comparison
Feature | AscendEX | CoinEx |
---|---|---|
Overall |
3.3 |
4.4 |
1 |
4.7 |
|
3.7 |
4.4 |
|
4.2 |
5 |
|
Investment Instruments |
3.9 |
1 |
Platforms and Charting Tools |
3.4 |
4.8 |
Deposit and Withdrawal |
3.1 |
4.6 |
Research |
3.2 |
5 |
Education |
3.4 |
4.8 |
Support |
2.8 |
4.7 |
Bonuses |
4.0 |
5 |
Your capital is at risk.
|
Your capital is at risk.
|
AscendEX vs CoinEx: Pros and Cons
The AscendEX cryptocurrency exchange is a platform for spot, margin, and futures trading of cryptocurrencies and tokens. Basic (simple) and professional (full-featured) terminals are available options. Bitcoin, Ethereum, Ripple, Bitcoin Cash, Tether, and tons of other cryptocurrencies and coins are traded on the site. The crypto pool is constantly expanding. There are no fiats on the site. There are several investment solutions such as staking, De-Fi farming, direct deposits to the platform, and deposits in ASD (the exchange's coin). The fees vary by asset, which includes up to 0.1% for Bitcoin and up to 0.2% for altcoins.
The CoinEx exchange is a multifunctional platform that combines the functions of the cryptocurrency market and a crypto exchange. Bitcoin, Ethereum, USDT, and dozens of other cryptocurrencies and tokens are at the trader’s disposal. Assets are exchanged and traded relative to each other, and there are pairs with world currencies, the most prominent contracts are with USD. The exchange has a large trading volume, and thanks to the patented lightning-quick match engine, the company guarantees the simultaneous stability of thousands of orders, each of which is reliably protected. The site has its proprietary CET coin, which is issued daily. In addition to the web version of the trading terminal, there’s is a user-friendly mobile application. Fees are fixed and they depend on the trading level and the presence/absence of VIP status.
AscendEX | CoinEx | |
---|---|---|
Overall Pros | the most popular cryptocurrencies and tokens are traded on this exchange; | large trading volumes, loads of cryptocurrencies, and tokens; |
in addition to the TradingView web terminal, there is a mobile application; | convenient and functional mobile application; | |
low fees (especially with VIP status); | ||
several simplified investment programs; | you can get the status of a market maker and an ambassador; | |
leverage for margin and futures trading; | ||
deposits into the site's coin base with lucrative bonuses; | ViaBTC investmen platform | |
launched the sale of multi cards for investments in ASD and airdrop; | DEX exchange is supported | |
there is a system of rewards for active trading. | round-the-clock professional technical support. | |
regulated crypto exchange | ||
large trading volumes, loads of cryptocurrencies, and tokens; | ||
convenient and functional mobile application; | ||
low fees (especially with VIP status); | ||
You can get the status of a market maker and an ambassador; | ||
legal license for digital assets; | ||
the company has a reserve fund; | ||
Overall Cons | no fiat assets; | affiliate program for ambassadors only |
no demo accounts; | absence of investment programs | |
there is no call center. | ||
AscendEX vs CoinEx: Safety and Regulation
Regulated By: | AscendEX | CoinEx |
---|---|---|
Government-regulated |
No |
No |
U.S Regulated |
No |
No |
FCA U.K Regulated |
No |
No |
Germany Regulated |
No |
No |
AMF in France Regulated |
No |
No |
Spain Regulated |
No |
No |
DFSA in UAE |
No |
No |
Singapore Regulated |
No |
No |
Australia Regulated |
No |
No |
Seychelles Regulated |
No |
No |
Other countries |
AscendEX vs CoinEx: Trading Conditions
Trading Conditions | AscendEX | CoinEx |
---|---|---|
Minimum deposit, USD or USDT |
1 |
10 |
Futures leverage |
100 |
100 |
Spot leverage |
25 |
3 |
Supported Coins |
435 |
1010 |
Trading platform |
||
DFSA in UAE |
||
P2P |
0 |
1 |
Perpetual contracts |
1 |
1 |
AscendEX vs CoinEx: Fees
Fee | AscendEX | CoinEx |
---|---|---|
Spot Taker fee |
0,1 |
0,2 |
Spot Maker fee |
0,1 |
0,2 |
Futures Taker fee |
0,02 |
0,05 |
Futures Maker fee |
0,01 |
0,03 |
Deposit fee |
No |
No |
Withdrawal fee |
0,0005 BTC 0,005 ETH 10 USDT |
0,0001 BTC 0,00048 ETH 1,7 USDT (TRC20) |
P2P taker fee |
Not supported |
No |
P2P fee rate, maker fee |
Not supported |
No |
AscendEX vs CoinEx: Trading Assets
Asset Name | AscendEX | CoinEx |
---|---|---|
Coins Supported |
435 |
1010 |
P2P |
No |
Yes |
Perpetual contracts |
Yes |
Yes |
NFT |
No |
Yes |
Crypto Options |
No |
No |
Futures |
Yes |
Yes |
AscendEX or CoinEx: Investment Programs
Asset Name | AscendEX | CoinEx |
---|---|---|
Staking |
Yes |
Yes |
Copy trading |
Yes |
Yes |
Yield farming |
Yes |
Yes |
Affiliate program |
Yes |
Yes |
Trading Platforms: CoinEx or AscendEX
AscendEX | CoinEx | |
---|---|---|
Web |
Yes |
Yes |
Desktop |
Yes |
Yes |
Mobile (Android, iOS) |
Yes |
Yes |
Your capital is at risk.
|
Your capital is at risk.
|
Trading Platforms Features: CoinEx or AscendEX
AscendEX | CoinEx | |
---|---|---|
SMS Based 2 FA |
No |
Yes |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
No |
Search Bar |
Yes |
Yes |
Filters |
Yes |
Yes |
Technical Analysis: CoinEx or AscendEX
AscendEX | CoinEx | |
---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
No |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: CoinEx or AscendEX
AscendEX | CoinEx | |
---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: CoinEx or AscendEX
AscendEX | CoinEx | |
---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
No |
No |
Stop Limit |
Yes |
Yes |
Trailing Stop |
No |
No |
AscendEX vs CoinEx: Deposit and Withdrawal Methods
Deposit and Withdrawal Method | AscendEX | CoinEx |
---|---|---|
Bank Transfer |
No |
Yes (Only deposit) |
Credit/Debit Card |
Yes (Only deposit) |
Yes (Only deposit) |
Electronic Wallets |
No |
No |
Crypto |
Yes |
Yes |
AscendEX vs CoinEx: Research
Research Type | AscendEX | CoinEx |
---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
No |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
No |
No |
AscendEX vs CoinEx: Education
Education Type | AscendEX | CoinEx |
---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Courses |
No |
No |
Articles |
Yes |
Yes |
Videos |
No |
No |
Webinars |
No |
No |
CoinEx vs AscendEX: Support
Support Features | AscendEX | CoinEx |
---|---|---|
Working Days |
24/7 |
24/7 |
No |
Yes |
|
Phone |
No |
No |
Online chat |
No |
Yes |
Other |
Request form |
No |
AscendEX vs CoinEx: Crypto Bonuses and Promo
Promo | AscendEX | CoinEx |
---|---|---|
Crypto Bonus |
Complete Tasks for Beginners to Earn Up to $320 Worth of Rewards |
Learn crypto and Earn it |
Affiliate Program |
Each user who followed your link or code and registered on the exchange becomes your referral (partner). He receives a 10% discount on all trading fees for 1 year after registration. Within 1 year, you receive passive income as a percentage of the commissions charged for your referral. The amount of payments depends on the partner's trading volume: less than $1,000,000 — 25%; up to $10,000,000 — 30%; up to $100,000,000 -—35%; more than $100,000,000 — 40%. |
The affiliate program is available only to ambassadors (partners) of the site. All users who came to the site using the ambassador's referral link bring him a profit expressed as a percentage of the fees for the transactions: up to $500,000 — 40% of fees are paid; up to $2,500,000 — 45% of fees are paid; up to $10,000,000 — 50% of the fees are paid. |
Your capital is at risk.
|
Your capital is at risk.
|
Top 5 Reviews on CoinEx
-
Comment
This exchange is in the TOP 60 best platforms for derivatives trading on CoinMarketCap, so it can be trusted. I liked the successful combination of trading tools. Things didn’t work out with top exchanges for me – I simply got confused by the functionality. Some bipolar investments, launch pools... I could have figured it out, but why bother when it’s easier to choose a simpler exchange that perfectly suits my needs? At least I won’t worry about accidentally clicking something wrong. CoinEx has a platform for direct spot trading, mining for fun, staking for passive investing of idle coins, and lending. Everything is extremely simple – even a beginner can figure it out in a couple of hours!
-
Comment
My review is positive. I chose this exchange for two reasons. Regulators are actively limiting major exchanges right now, and there are even rumors of a potential artificial bankruptcy of Binance. What’s the point of taking risks when there are second-tier exchanges like CoinEx, which are simple to manage? It has a straightforward interface and a transparent trade copying service – none of the unrealistic profit percentages that many platforms like to advertise. But there is a nuance: this platform is exclusively for active trading in spot or derivatives. The P2P service practically doesn’t work due to low liquidity, so there’s no point in using the exchange for transaction optimization or earning from the listing of new coins.
-
Comment
I've had a mixed experience with CoinEx, but generally it was positive, thanks to its user-friendly interface, wide range of supported cryptocurrencies, and competitive trading fees. However, there is room for improvement in areas such as customer support and security, which the exchange could address to further enhance the overall user experience.
-
Comment
I have been working with this crypto broker for 7 months now. In general, I am satisfied with the work, sometimes there are problems with the site. You can ignore this. There were other options, but the choice of CoinEx turned out to be successful!
-
Comment
Quickly withdraw money, support works efficiently, always explains everything and helps. It would seem, what else is lacking for a trader? Just a license is not enough for me, without it it’s somehow restless all the same. But otherwise CoinEx is excellent. I recommend.
Top 5 Reviews on AscendEX
-
Comment
Attempting to trade with AscendEX was a frustrating endeavor, as I encountered significant obstacles that hindered my trading activities. The platform's intervention in trades, preventing profitable transactions from being closed, was particularly egregious and undermined any confidence I had in the exchange's integrity.
-
Comment
I won't forget those AscendEXs. About 3 years ago I tried to trade with them, but this did not work out here. The broker intervenes, does not allow profitable transactions to be closed. I didn't last long here. I do not recommend, nothing here, most likely, has not changed.
-
Comment
If you have extra money, then you need to carry it to AscendEX. Orders here are opened and closed only from 3-7 times, the terminal constantly hangs, the price movement is jerky. Horror is simple!
-
Comment
My requests for withdrawal of funds hang for a month. In response to requests, carbon copy replies come: "The finance department is doing everything possible to expedite the processing of your application and we guarantee you that this problem will be resolved in the near future. Your application will be processed, please wait a little longer." And it's been like this for a month now!
-
Comment
I started cooperation with this cryptocurrency platform back when it was known as Bitmax. The rebranding has benefitted this crypto exchange. Not only did the name change, but also the quality of customer service. I mainly trade from my mobile because I travel a lot. In terms of functionality, the mobile application is not inferior to the web version. No bugs or errors in the terminal operation. Although the company did not have a call center, I never had any difficulties in communicating with the support. So far, everything is ice.
FAQs
What should I start Crypto trading with?
For starters, you need to learn what crypto trading is, understand what cryptocurrency is and the risks and opportunities cryptocurrency trading has. It is also important to learn the existing strategies. The second step is to choose the best crypto exchange with good trading conditions. A demo account that you can use to gain valuable experience risk free is an important advantage of an exchange.
What amount should I start trading with?
It is recommended to start trading cryptocurrencies with a small amount. That way, if you partially lose it, it won’t pose a serious financial problem for you. This is because cryptocurrencies are highly volatile, which carries certain risks for novice traders. The majority of cryptocurrency exchanges allow traders to start from a small amount – from $1 to $50 or its cryptocurrency equivalent.
What should I take into consideration when choosing a crypto exchange?
The first thing experts recommend looking at when considering crypto exchanges is their reliability. Other important features include basic trading conditions, commissions and fees, customer reviews. If crypto exchanges are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One crypto exchange may be good for professionals and another – for novice traders.
Can a cryptocurrency exchange turn out to be a scam?
Unfortunately, this does happen. Therefore, it is better to choose cryptocurrency exchanges that have been operating in the market for at least several years and have a stable reputation. Regulation of an exchange in one of the countries with high legal culture is also an advantage.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.