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Description
A worldwide platform for trading digital assets, allowing users to buy and sell cryptocurrencies such as Bitcoin, ETH, USDT, and various altcoins. By subscribing to the ASD Investment Product, users can partake in a distribution pool based on their proportional shares, and by depositing ASD (previously known as BTMX), they can earn major cryptocurrencies daily as returns. Users can borrow and repay assets seamlessly during trading, with the option to do so interest-free every eight hours, and they can close all positions with a single click. Holding ASD provides access to exclusive VIP fee discounts, while features like Instant Unbonding, Compound Mode, and Staked Assets are available for Margin Collateral. The platform introduces a unique tiered VIP transaction fee and rebate system that benefits both traders and ASD holders within the AscendEX ecosystem, with tiered discounts linked to the base trading fees determined by either the trailing 30-day trade volume in USDT or the average unlock of ASD holdings over the same period. This setup encourages increased trading activity and enhances overall user engagement on the platform.
Description
Margex prioritizes user experience, ensuring a seamless interface for traders. The platform boasts the highest level of transparency in reporting within the industry. With Margex’s isolated margin feature, users can easily identify the liquidation price and the specific amount of capital they risk when executing trades. Most traders prefer this isolated-margin system due to its enhanced control and dependability, especially when compared to cross-margin systems that can introduce higher risks. Margin refers to the personal funds necessary to secure and open a trading position. One of the primary tactics employed in margin trading is long buying, which involves acquiring an asset at a lower price with the goal of selling it at a higher price when market conditions improve. Essentially, long buying strategies revolve around the principle of purchasing low and selling high, allowing traders to capitalize on market fluctuations effectively. This approach is fundamental for those looking to maximize their trading potential in various market conditions.
API Access
Has API
API Access
Has API
Integrations
Algorand
Banxa
Bittax
Coast
CoinGecko
CoinMarketCap
CoinStats
Freeway
Hedgehog
Hummingbot
Integrations
Algorand
Banxa
Bittax
Coast
CoinGecko
CoinMarketCap
CoinStats
Freeway
Hedgehog
Hummingbot
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
0.019% Fee
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
AscendEX
Founded
2018
Country
Singapore
Website
ascendex.com
Vendor Details
Company Name
Margex
Founded
2019
Country
Seychelles
Website
margex.com