According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $1
- Proprietary platform
- Loads of cryptocurrencies, no fiat, four investment services, a profitable referral program, additional payments
Our Evaluation of AscendEX
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
AscendEX is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 4.22 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by AscendEX clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
The AscendEX exchange provides lucrative conditions for cryptocurrency trading and investing in crypto markets. There are many trading options and crypto-to-crypto pairs, and all services are presented in formats for beginners and professionals. Substantial leverage is offered on margin and futures. There are four passive earnings programs available to investors. There is a standard one-level referral program with payments of interest from partners' trading fees.
Brief Look at AscendEX
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.
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- the most popular cryptocurrencies and tokens are traded on this exchange;
- in addition to the TradingView web terminal, there is a mobile application;
- several simplified investment programs;
- leverage for margin and futures trading;
- deposits into the site's coin base with lucrative bonuses;
- launched the sale of multi cards for investments in ASD and airdrop;
- there is a system of rewards for active trading.
- no fiat assets;
- no demo accounts;
- there is no call center.
TU Expert Advice
Financial expert and analyst at Traders Union
AscendEX cryptocurrency exchange was founded in 2018 by people from Wall Street. In 2019, the company underwent a major rebranding, significantly expanded its markets, introduced trading levels and functionality to develop its own ecosystem (including its ASD coin).
The trading terminal is based on the standard TradingView, there is no desktop version, however, integration with other platforms (like MT4/5) is impossible. The company has implemented a mobile trading app available for iOS and Android devices. The web version and the application are equally functional, testing did not reveal any errors or difficulties in use.
Of the constructive advantages of the crypto exchange are tons of crypto-crypto pairs, significant leverage for margin and futures, loads of investment solutions, including staking, farming, and direct investments in the development of the site. In terms of the investment segment, the AscendEX exchange holds one of the top positions due to its high indicators of diversity, functionality, and prospects for investors of different levels.
Trading fees of the exchange are below the market average, there is an extensive system of bonus accruals for various activities. The referral program is standard, it gives bonuses not only to you but also to your referrals, which motivates you to register using the affiliate link.
AscendEX Summary
Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.
| 💻 Trading platform: | Proprietary TradingView platform |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | Cryptos |
| 💵 Deposit / Withdrawal: | Bank cards and accounts, electronic and cryptocurrency wallets |
| 🚀 Minimum deposit: | Yes |
| ⚖️ Leverage: | До 1:25 (маржа), до 1:100 (фьючерсы) |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | From 0 |
| 💱 Commission: |
Spot: 0,1%-0,1% Futures: 0,01%-0,02% |
| 🔧 Instruments: | 435 supported coins, Futures, Perpetual contracts, Fiat. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | Not indicated |
| ⭐ Trading features: | Loads of cryptocurrencies, no fiat, four investment services, a profitable referral program, additional payments |
| 🎁 Contests and bonuses: | Yes |
The AscendEX cryptocurrency exchange does not set a minimum deposit. To start trading or participating in investment programs, the user needs to register and verify (confirm the data) his data. And then deposit any amount. Leverage is not available for spot and OTC trading. The leverage for margin trading is x25, for futures trading, it’s x100. On top of contacting technical support by email, you can also contact the representatives of the exchange through its accounts on social networks (links to them are available in the footer of the site).
AscendEX Key Parameters Evaluation
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Regulation and safety
AscendEX received a score of 4.5/10, indicating a low level of security and regulatory compliance. This suggests that the platform may lack essential protections, and users should exercise extreme caution.
- Cold wallet storage
- 2FA
- Not tier-1 regulated
- Successful hacks history
AscendEX Security Factors
We also compared AscendEX against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| AscendEX | OKX | Kraken | |
| Tier-1 regulation | No | No | Yes |
| Government-regulated | No | Yes | Yes |
| Investor protection fund | No | Yes | No |
| 2FA | Yes | Yes | Yes |
| Facial recognition | No | Yes | No |
| Cold wallet storage | Yes | Yes | Yes |
| Successful hacker attacks | Yes | No | No |
Is AscendEX a regulated crypto exchange?
AscendEX is not currently regulated by any government authority, which is still a common occurrence in the cryptocurrency industry. While this doesn't automatically mean AscendEX is unreliable, government-regulated exchanges are generally considered more reliable due to the added oversight and client protection they offer.
Is verification (KYC) mandatory at AscendEX?
Yes, KYC verification is mandatory at AscendEX. You will need to complete the verification process before you can open an account and access the platform's full range of services.
In which countries is AscendEX available?
AscendEX complies with international sanctions and regional restrictions. Services are limited or unavailable in the following countries: Spain, South Africa, Singapore, Iran, Islamic republic, Bangladesh, Morocco, Algeria, China, Colombia, Venezuela, Ireland, Bahrain, Palestine, Jordan, Iraq, Qatar, Kuwait, Lebanon, Libyan Arab Jamahiriya, Oman, Syrian Arab Republic, Tunisia, Yemen, Botswana, Tanzania, United Republic Of, Zimbabwe, Namibia, Ethiopia, Jamaica, Zambia, Hong Kong, Afghanistan, Trinidad and Tobago, Brunei, Nepal, Serbia, Somalia, Cameroon, Rwanda, Slovenia, Eswatini, Croatia, Mongolia, Burma, Montenegro, Cambodia, Taiwan, Mozambique, Madagascar, Dominican Republic, Albania, Mauritius, Puerto Rico, Cote d'Ivoire, Laos, Macedonia, Papua New Guinea, Costa Rica, Luxembourg, Malta, Ecuador, Bahamas, Haiti. For the most up-to-date information on regional availability, please contact AscendEX support.
Is AscendEX available in the USA?
Yes, AscendEX is available in the USA. However, availability may vary by state due to local regulations. We recommend checking the official website or contacting support for up-to-date information specific to your location.
AscendEX commissions and fees
AscendEX has earned a rating of 8.75/10 for its trading fees. This makes it a highly attractive choice for active traders seeking to reduce costs, as AscendEX is a platform with minimal crypto trading costs.
- Futures fees below industry average
- Spot fee below industry average
- No deposit fee
- Withdrawal fee may be applied
- P2P fee applied
What are AscendEX trading fees?
We analyzed AscendEX’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
AscendEX trading fees vs competitors
| AscendEX | Binance | Bybit | Industry average | |
| Spot, maker fee (%) | 0,1 | 0,1 | 0,1 | 0.15 |
| Spot, taker fee (%) | 0,1 | 0,1 | 0,1 | 0.194 |
| Futures, maker fee(%) | 0,01 | 0,02 | 0,02 | 0.024 |
| Futures, taker fee(%) | 0,02 | 0,05 | 0,055 | 0.053 |
What are AscendEX deposit and withdrawal fees?
| Deposit fee, % | 0 |
| Withdrawal fee, % | 0,0005 BTC 0,005 ETH 10 USDT |
Does AscendEX offer P2P trading?
No, AscendEX does not support P2P transactions. However, you can explore the best alternatives in our dedicated list of top P2P exchange platforms, offering a variety of secure options for peer-to-peer transactions.
Deposit and withdrawal
AscendEX received a 8/10 rating for its deposit and withdrawal services. AscendEX supports a wide range of payment methods with low or no fees, ensuring fast and convenient transactions.
- No deposit fees
- Many cryptocurrencies for deposits and withdrawals
- Google Pay supported
- Bank cards accepted for instant deposits
- No PayPal option
- No P2P transfer option
- Withdrawal fee applies
Deposit and withdrawal options
AscendEX supports the following deposit and withdrawal options: Bank transfers, Bank card, Crypto, Advcash Wallet, Google Pay, Apple Pay.
AscendEX Deposit and withdrawal options vs competitors
| AscendEX | OKX | Kraken | |
| Bank transfers | Yes | No | Yes |
| Bank card | Yes | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| PayPal | No | No | Yes |
What is AscendEX minimum deposit?
The minimum deposit at AscendEX is 1 USD/USDT or 0,0001 BTC. The minimum trade size is 1 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
AscendEX minimum deposit vs competitors
| AscendEX | OKX | Kraken | |
| Minimum deposit, USD or USDT | 1 | 10 | 10 |
| Minimum deposit, BTC | 0,0001 | 0,0005 | 0,0001 |
| Minimum trade amount, USD/USDT | 1 | 0,00001 | 1 |
Does AscendEX support fiat money?
AscendEX supports fiat currency trading and account funding. The following fiat currencies are accepted:
Supported coins & markets
AscendEX received a score of 8/10 in this category, highlighting its excellent selection of tradable assets and market access. AscendEX supports 435 coins and caters to various trading types, making it a strong choice for both active traders and long-term investors.
- Crypto copy trading available
- Fiat currencies supported
- Crypto futures available
- NTFs not available
- Crypto options not available
AscendEX supported coins and markets vs competitors
We compared AscendEX with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
| AscendEX | OKX | Kraken | |
| Supported coins | 435 | 329 | 278 |
| Futures/Perpetual contracts | Yes | Yes | Yes |
| Options | No | Yes | No |
| NFTs | No | Yes | Yes |
AscendEX passive income options vs competitors
We also compared AscendEX with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
Trading apps & tools
AscendEX received a score of 7.25/10 for offering a solid set of tools. The apps are intuitive and reliable, though certain advanced features remain limited or could benefit from further development.
- Mobile indicators allowed
- Strategy sharing with Copy Trading
- Advanced tools and automation with API
- Advanced charting with TradingView support
- Advanced orders not available
- No standalone desktop access
- No Face ID
Trading apps
AscendEX provides web and mobile apps for both Android and iOS users, with an average rating of 2,8 on the App Store and 3,7 on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the AscendEX platform is for mobile use.
| AscendEX | |
| 2FA | Yes |
| Face ID | No |
| Mob Indicators | Yes |
| Alerts | No |
| Advanced Orders | Yes |
| Trading with bots | No |
| API | Yes |
| Extra trading platforms | No |
Does AscendEX offer a desktop app?
No, AscendEX does not currently offer a desktop app. However, users can access the platform via its web version, which provides more comprehensive functionality compared to the mobile apps.
Does AscendEX offer advanced charting with TradingView integration?
Yes, AscendEX offers advanced charting through direct integration with TradingView. Users can access TradingView’s full suite of indicators, drawing tools, and multi-timeframe analysis directly on the platform.
Contacts
| Foundation date | 2018 |
|---|---|
| Registration address | 114 Lavender Street Number 09-88, Ct Hub 2 Singapore, 338729 Singapore |
| Official site | https://ascendex.com/ |
| Contacts |
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