There are currently ASD coins on the market, with coins available. There is a limit on ASD tokens and it is strictly enforced, meaning there will be no new tokens created, at least for now. No, ASD is not a security since it is not backed by securities itself.
- Only coins that are backed by securities can be defined as one.
- There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
- The volatility cards allow users to effectively forecast and trade-off 24-hour price fluctuation of the underlying major coins in a simple and easy-to-understand structure.
- Ascendex allows users to buy cryptos directly for fiat currency as well, either with a debit or a credit card and they accept over 10 fiat currencies as a payment option.
Ascendex allows users to buy cryptos directly for fiat currency as well, either with a debit or a credit card and they accept over 10 fiat currencies as a payment option. Users are also able to use passive income by staking crypto assets on the platform and they can withdraw their staked assets at any time. To utilize the AscendEx you can either download the app on your mobile device or go to their website. The mobile app after it has been downloaded would require you to set up an account and fund it as well, if you are using the desktop version you would also need to sign up. After you sign up you would need to buy some crypto assets with a debit or a credit card, once you have completed these steps you will be able to take full advantage of all the services the platform offers. If you decide you want to stake your digital assets on the platform you can first check out the APR percentage and choose which one is most suitable for you.
Regardless of which exchange you compare BitMax’s fees to, they are competitive. As many other exchanges, BitMax does not accept US-investors on its platform. If you’re from the US and you’re looking for the trading https://cryptolisting.org/blog/what-are-the-types-of-bom platform that is just right for you, don’t worry. Use our Exchange Finder to find an appropriate exchange accepting US-investors. This means that you can borrow money from the exchange in order to buy crypto.
ASD to USD Converter
If you would like to know where to buy ASD at the current rate, the top cryptocurrency exchanges for trading in ASD stock are currently AscendEX (BitMax), Gate.io, and KuCoin. For depositing stablecoins into your FTX account, just simply go to the Balances section of your Wallet page. Go to ‘Fiat’ and locate the currency that you’d like to deposit. FTX allows its users to deposit cryptocurrencies as well as fiat money. In this step, we’ll show you how to deposit your crypto of choice.
- However, BitMax has recently discontinued the hybrid mining model to pursue new ways to promote trading efficiency and liquidity.
- As mentioned, AscendEx offers traders a comprehensive range of products.
- For example, staked assets can also be used as collateral for the platform’s margin and futures trading.
- Make sure that you are aware of what you need before choosing the right one for you.
Again, only invest an amount you are comfortable with risking and do your research before investing any amount of money in ASD and AscendEx. Update the latest virtual currency global news every week, defining crypto, digital assets and the future of finance. George was the Founder and Chief Investment Officer of Delpha Capital Management, LLC., New York. Delpha Capital specializes in trading equity, ETFs and commodity future products in all major trading platforms across the globe. He is also the co-founder of Whitestone Investment Group, a New York-based venture fund with investment focus on large variety of startup companies in the high tech, fintech, big data and medical space. There’s a lot of exchanges that we can choose from and new ones still keep coming.
AscendEx Token Closing Price (USD) – Quarterly
Coin halving is when the rate at which new coins are created is halved. This means that it becomes twice as hard to create the coin, as it takes twice as long for the process to happen. Since there is a limited amount of ASD tokens created, the halving does not affect the token in any way as of right now. Many exchanges charge what we call taker fees, from the takers, and what we call maker fees, from the makers. Flat fees mean that the exchange charges the taker and the maker the same fee.
Click here to check the legality status of cryptocurrencies by country. This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Their token has many different use-cases, including those that are unique for the cryptocurrency market. AscendEx Token’s current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 35.36 Million. The ASD price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies.
Secure your FTX account by setting up 2-Factor Authentication (2FA)
Through Simplex, users can now easily buy digital assets with just a credit or debit card (both VISA and Mastercard accepted). Deposits through Simplex are normally quite fast (10-30 minutes), but there are fees involved with this service. To our knowledge, you need to pay 3.50% on the deposited amount to use the Simplex service. In this fast-paced industry, BitMax.io has set itself apart from regular cash trading platforms with their innovative product offering such as volatility and margin products. BitMax is a global operator of digital asset exchanges for diverse groups of clients from retail to institutions. The trading platform, architected by a group of Wall Street quant trading veterans, is designed for reliability and speed of trade execution, and ease of connection.
The most commonly used form of account security is 2-Factor Authentication or 2FA. You will get a fee discount when you sign-up from a referral link. You can invest any amount of money in this project, but make sure that you are only investing an amount you are willing to risk.
BitMax Fees
The estimated income from BTMX investment is 31.05%, which is one of the highest in the cryptocurrency market. BitMax.io was the first trading platform to introduce the combined model of “transaction-mining” and “reversing-mining” mechanism. The hybrid-mining model rapidly became popular and was quickly emulated by other trading platforms.
How does ASD halving affect the price?
Mr. George Cao has an over-decade executive experience in building and management of quantitative trading and venture capital platforms in global financial markets. He has an in-depth and comprehensive understanding of product development, strategy research and risk management in global capital markets. In 2019, BitMax.io’s growth in market share has been largely driven by its relentless product innovation. The launch of its cross-asset collateral margin trading in February 2019 was a shining example of the platform’s rapid expansion of product-offerings beyond traditional spot trading.
Know, however, that some see this as an unsafe option because it would mean your tokens would be controlled by a third party. Lastly, keep in mind that the more experienced traders prefer spreading their tokens out to avoid risking them all in case something happens to one of their storage options. Bitmax is a community driven DeFi project built on Binance Smart Chain with a new decentralized exchange system to swap, earn, lend, borrow, stake and yield faming.
BTMX Breakdown
Firstly, users can buy crypto directly via credit card, or via third parties such as Mercuryo and Banxa. Users can also conduct spot and margin trading directly via the AscendEx apps. Users can leverage their staked assets to trade futures and earn higher interest. AscendEx is a cryptocurrency exchange that offers its users various trading tools. The main features of the platform include a market for users to buy/sell crypto, trading opportunities, including futures trading, and access to other financial products for increased returns.
