Is AscendEX a Good Crypto Exchange for Beginners?

Trading Conditions for AscendEX Users

Before you start working with an exchange, it is important that you evaluate its trading conditions. AscendEX offers traders the following conditions.

Investment programs of AscendEX

It is important for novice traders not only to trade actively, but also earn passive income. Passive investing can help you earn extra profit, and also compensate for the losses you may incur as a result of active trading. AscendEX offers the following passive income options.

The AscendEX cryptocurrency exchange offers several investment solutions. All operating services are presented in the "Investment Product" section of the site, where you can familiarize yourself with their terms in detail. There are four services for passive earnings on the site:

• Staking. The user chooses the program that suits him, taking into account the following factors: the asset, the size of the deposit, the term of the deposit, and interest payments. The invested funds go to the development of third-party blockchain projects. After the user deposits the selected asset, interest accrues daily. The deposit can be used in trading, at any time, adjusted in size, or withdrawn completely. The reward will be recalculated accordingly.

• DeFi Yield Farming. The user can invest some coins in others, which are determined by the system as more promising and fast-growing. This makes it possible to get high profitability in a short time (50% per annum and higher). Strategies and pools are predefined, the user only needs to choose a suitable portfolio, transfer the amount within the range between the stated minimum and maximum deposits. Interest accrues daily and all programs are short-term.

• BitTreasure. The site's service, users invest in projects implemented directly by the cryptocurrency exchange. The pool of programs is constantly updated, and deposits are fixed for a period of 30, 90, and 180 days. You cannot withdraw the deposit during the fixed period. As a rule, the profitability is high, about 20-30%. Since the conditions are favorable, the programs are quickly implemented, so it is difficult to act quickly enough to invest in the next project.

• ASD Ecosystem. The user can invest in the site's coin on various conditions to receive passive income and a wide range of bonuses. The interest rate on direct deposits is 6.48% per annum. The site distributes 80% of the net income to its investors. For ASD, you can buy an investment multi-card, which increases the profitability of the deposit five times.

For ASD, users can also buy a special point card. The point card allows you to debit interest on margin trading up to 50% of the fee.

AscendEX’s affiliate program

The AscendEX cryptocurrency exchange offers a one-level referral program, and it is available to all verified users without exception. In the personal account in the "Referal" tab, there is a personal referral link and an invitation code. You can post them on any site and transfer them to other users at will.

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%.

You can invite an unlimited number of referrals to the site and receive passive income from each of them. The invited user is considered a referral within 365 days from the date of registration, after which he does not bring you income. For the official partners of the exchange (ambassadors), other program conditions apply, which can be found in the corresponding section.