Market Cap
$2.65T
0.50%
24h Vol.
$100.06B
Dom.
57.64%
BTC
$76,211.00
0.23%
ETH
$2,319.02
0.06%
ETH Gas
Low
Avarage
High
Data by Etherscan
Fear & Greed
32
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      AscendEX (previously BitMax) Exchange Logo

      AscendEX (previously BitMax) Exchange Social Audit & Trust Score

      24H volume
      $1.535B (20,137₿)
      Markets
      665
      Year Established
      2018
      Country
      Singapore
      Token
      ASD
      Links

      AscendEX (previously BitMax) Exchange Social Audit

      OG Score

      Only Verified Crypto OGs Can Rate
      Reviews 3
      OG Score Rank #114

      OGAudit Exchange Evaluation Metrics

      Usability 12 .83
      Usability Reflects user experience, platform navigation, tool accessibility, and compatibility across devices..
      Insurance 3 .50
      Insurance Assesses whether user funds are covered by insurance and the credibility of the insurance provider.
      Fees 22 .45
      Fees Evaluates trading and withdrawal fees, transparency of fee structure, and any available discounts.
      Speed 12 .60
      Speed Measures deposit and withdrawal speeds, platform responsiveness, and performance under load.
      Liquidity 7 .60
      Liquidity Indicates order book depth, trade volume, and ability to handle large orders efficiently.
      Security 5 .35
      Security Examines platform security features, history of breaches, and protection of user funds and data.

      AscendEX (previously BitMax) Expert User Reviews

      Is AscendEX (previously BitMax) reliable and safe for your funds? Read unfiltered reviews from verified Crypto Ogs.

      Only Verified Crypto OGs Can Publish Reviews
      CryptoAPE
      CryptoAPE 13 Mar 2026 - 01:17 0x4f5...5f294
      OG Score 13.60

      AscendEX fully reimbursed all users after the 2021 $78M hack, but its 2025–2026 reputation remains very poor. Trustpilot averages 1.3/5, with frequent complaints of long-term account freezes, sudden withdrawal blocks, hidden inactivity fees that eat small balances, and unresponsive support. Reddit and other forums describe it as risky and unreliable. Users report unusually high withdrawal fees, such as 15 TRX for TRC20 USDT, far above typical rates on other exchanges. Overall, caution is advised, fees and support are good on paper but looks like not in fact... traders should verify conditions themselves before depositing crypto/fiat into AscendEX... https://www.trustpilot.com/review/ascendex.com

      AscendEX (previously BitMax) Logo AscendEX (previously BitMax)
      Faithistics
      Faithistics 10 Feb 2026 - 22:48 0xd12...ca419
      OG Score 5.20

      Their 2021 hot wallet hack is ancient history now with no fresh breaches popping up of recent. Users are telling a brutal stories about frozen accounts, insane withdrawal minimums after delistings, "inactivity fees" wiping small holdings, and support vanishing when funds are stuck classic offshore CEX traps that hit harder on smaller users. Persistent withdrawal freezes and account lock complaints scream too much risk

      AscendEX (previously BitMax) Logo AscendEX (previously BitMax)
      aabashweb3
      aabashweb3 20 Dec 2025 - 19:47 0x8d3...061b3
      OG Score 11.68

      Users love the seamless feature to replicate pro trades with up to 100x leverage. Their withdrawal Issues consists of Intense frustration over high minimum limits and sudden account blocks during cash-out attempts. Another problem is delisting Disputes, Significant anger regarding coins being delisted with little notice, making funds hard to recover. Lastly Regulatory Concerns: Critics frequently warn about its lack of top-tier licensing and opaque "dormancy" fees.

      AscendEX (previously BitMax) Logo AscendEX (previously BitMax)

      Top Traded Market Pairs on AscendEX (previously BitMax)

      Coin Pair Price Change Volume Market cap OG Score
      Bitcoin LogoBitcoin
      BTC/USDT
      $76,211.00
      0.23%
      $41,163,165,895
      $1,525,997,769,686
      71.45
      LEO Token LogoLEO Token
      LEO/USDT
      $10.37
      0.39%
      $481,751
      $9,545,078,694
      34.88
      Cardano LogoCardano
      ADA/USDT
      $0.2492
      0.06%
      $403,475,350
      $9,213,159,814
      36.12
      Sui LogoSui
      SUI/USDT
      $0.9472
      0.32%
      $347,049,609
      $3,745,603,875
      46.17
      HTX DAO LogoHTX DAO
      HTX/USDT
      $0.0<sub title="$0.00000183">5</sub>1830
      1.2%
      $4,199,043
      $1,660,643,593
      16.60
      USDD LogoUSDD
      USDD/USDT
      $1.00
      0%
      $41,574,117
      $1,328,317,525
      43.77
      POL (ex-MATIC) LogoPOL (ex-MATIC)
      POL/USDT
      $0.09384
      1.41%
      $49,848,847
      $997,623,121
      56.86
      Beldex LogoBeldex
      BDX/USDT
      $0.07972
      0.49%
      $11,804,620
      $616,837,789
      45.77
      VeChain LogoVeChain
      VET/USDT
      $0.007135
      0.42%
      $14,838,245
      $613,558,200
      63.83
      XDC Network LogoXDC Network
      XDC/USDT
      $0.02985
      1.09%
      $20,897,721
      $595,428,112
      48.37
      Sun Token LogoSun Token
      SUN/USDT
      $0.01868
      2.56%
      $76,497,000
      $359,298,268
      28.90
      AINFT LogoAINFT
      NFT/USDT
      $0.0<sub title="$0.000000333548">6</sub>3335
      0.22%
      $10,056,180
      $330,248,566
      30.10
      Gnosis LogoGnosis
      GNO/USDT
      $121.63
      0.08%
      $2,792,610
      $321,051,244
      45.89
      SPX6900 LogoSPX6900
      SPX/USDT
      $0.3413
      2.66%
      $11,287,040
      $317,836,162
      21.43
      Plasma LogoPlasma
      XPL/USDT
      $0.1016
      3.83%
      $77,074,205
      $241,072,923
      28.65
      Humanity LogoHumanity
      H/USDT
      $0.1119
      10.08%
      $37,681,988
      $204,013,917
      37.10
      NEO LogoNEO
      NEO/USDT
      $2.83
      1.11%
      $6,313,157
      $199,862,952
      47.34
      Convex Finance LogoConvex Finance
      CVX/USDT
      $1.82
      0.57%
      $5,053,353
      $164,005,180
      38.98
      SkyAI LogoSkyAI
      SKYAI/USDT
      $0.1587
      1.36%
      $16,107,156
      $158,503,285
      12.78
      SafePal LogoSafePal
      SFP/USDT
      $0.3100
      1.3%
      $1,838,265
      $154,960,442
      41.07
      Zano LogoZano
      ZANO/USDT
      $9.71
      1.03%
      $1,422,679
      $148,049,875
      40.77
      eCash LogoeCash
      XEC/USDT
      $0.0<sub title="$0.00000715">5</sub>7150
      0.74%
      $3,774,195
      $143,148,574
      39.72
      Akash Network LogoAkash Network
      AKT/USDT
      $0.4664
      1.03%
      $3,234,789
      $136,234,240
      48.94
      MultiversX LogoMultiversX
      EGLD/USDT
      $4.16
      1.33%
      $7,854,810
      $123,986,273
      40.39
      Enjin Coin LogoEnjin Coin
      ENJ/USDT
      $0.06005
      4.25%
      $41,047,007
      $117,501,316
      36.13
      Qubic LogoQubic
      QUBIC/USDT
      $0.0<sub title="$0.000000783281">6</sub>7832
      0.67%
      $1,818,663
      $107,207,554
      30.56
      CoW Protocol LogoCoW Protocol
      COW/USDT
      $0.1874
      2.46%
      $5,521,484
      $103,724,282
      30.91
      BUILDon LogoBUILDon
      B/USDT
      $0.1026
      7.64%
      $5,159,581
      $102,758,965
      16.32
      MNEE USD Stablecoin LogoMNEE USD Stablecoin
      MNEE/USDT
      $1.00
      0.01%
      $142,734
      $100,396,669
      29.03
      ORDI LogoORDI
      ORDI/USDT
      $4.73
      6.85%
      $128,669,764
      $99,053,394
      20.08
      Ravencoin LogoRavencoin
      RVN/USDT
      $0.006002
      0.03%
      $4,884,017
      $97,253,891
      34.27
      0x Protocol Logo0x Protocol
      ZRX/USDT
      $0.1119
      0.77%
      $7,772,227
      $94,766,601
      35.32
      XDAI LogoXDAI
      XDAI/USDT
      $0.9998
      0.01%
      $1,452,710
      $87,107,616
      33.02
      Linea LogoLinea
      LINEA/USDT
      $0.003403
      0.72%
      $9,604,670
      $84,773,307
      14.71
      Nexpace LogoNexpace
      NXPC/USDT
      $0.3008
      0.3%
      $13,021,272
      $79,789,385
      30.75
      Zilliqa LogoZilliqa
      ZIL/USDT
      $0.004055
      0.68%
      $9,438,030
      $79,139,457
      28.61
      Ontology LogoOntology
      ONT/USDT
      $0.07819
      3.42%
      $21,894,824
      $78,332,165
      33.58
      Dog (Bitcoin) LogoDog (Bitcoin)
      DOG/USDT
      $0.0007778
      1.22%
      $923,059
      $77,762,994
      16.04
      Holo LogoHolo
      HOT/USDT
      $0.0004300
      1.65%
      $4,375,572
      $76,374,246
      35.50
      Spark LogoSpark
      SPK/USDT
      $0.02862
      5.37%
      $30,182,588
      $74,305,736
      25.28
      Comedian LogoComedian
      BAN/USDT
      $0.07385
      5.49%
      $6,958,140
      $73,812,682
      10.48
      ZetaChain LogoZetaChain
      ZETA/USDT
      $0.05397
      0.86%
      $5,198,513
      $73,603,604
      37.56
      Nervos Network LogoNervos Network
      CKB/USDT
      $0.001509
      0.05%
      $3,572,854
      $73,129,787
      38.31
      MimbleWimbleCoin LogoMimbleWimbleCoin
      MWC/USDT
      $6.70
      2.19%
      $121,256
      $73,420,895
      27.44
      Wormhole LogoWormhole
      W/USDT
      $0.01255
      1.26%
      $24,170,404
      $72,196,643
      39.12
      DUSK LogoDUSK
      DUSK/USDT
      $0.1415
      1.54%
      $8,671,309
      $70,746,881
      40.71
      Brett LogoBrett
      BRETT/USDT
      $0.007002
      1.91%
      $15,321,356
      $69,392,616
      29.81
      GMX LogoGMX
      GMX/USDT
      $6.65
      4.01%
      $5,534,097
      $69,098,632
      37.29
      Sahara AI LogoSahara AI
      SAHARA/USDT
      $0.02148
      0.39%
      $10,291,479
      $67,472,039
      38.37
      AI Rig Complex LogoAI Rig Complex
      ARC/USDT
      $0.06671
      0.24%
      $5,816,702
      $66,826,271
      29.68

      About AscendEX (previously BitMax)

      Website
      Socials
      Year Established 2018
      Country Singapore
      Founder George Cao (Dr. Jing Cao) Ariel Ling
      CEO George Cao

      Platform Background & Leadership

      AscendEX, previously known as BitMax, was founded in 2018 and is based in Singapore. The exchange rebranded in March 2021. It lists 665 markets and positions itself as a platform for spot trading and DeFi-oriented products including staking and yield farming. Leadership information is less publicly visible than for larger exchanges. AscendEX lacks major regulatory licenses in the US, EU, or UK.

      Security Track Record

      In December 2021, AscendEX was hacked for approximately $77.7 million when attackers compromised hot wallets across Ethereum, Binance Smart Chain and Polygon (CryptoPotato Report). Stolen assets included USDT, USDC, TARA, SHIB and AAVE. The hack occurred in the same week as the $196 million BitMart breach, a brutal week for mid-tier exchanges.

      AscendEX acknowledged the hack promptly, moved unaffected assets to cold storage and pledged full reimbursement. Operations resumed by December 15, 2021. No further major breaches have been reported since.

      Our OG community rates AscendEX at 10.16 (based on 3 reviews), one of the lowest scores on our platform. The 2021 hack and the exchange's reduced market presence since then are the primary factors driving this cautious assessment.

      AscendEX Fees & Fee Structure

      Spot fees are 0.10% maker and 0.10% taker. Futures fees are 0.04% maker and 0.06% taker. Competitive rates, but low fees mean little on a platform with limited liquidity post-hack.

      Staking & Earn Products

      AscendEX offers staking and DeFi yield farming integrated into its CEX interface. However, user confidence in locking funds on this platform has been impacted by the 2021 breach.

      Trading Experience & Platform Features

      Supports spot, margin and futures trading. The interface is functional but less polished than top-tier competitors. Liquidity is limited on many pairs. AscendEX occupies a difficult market position: competing against much larger exchanges while carrying the weight of a major security breach.

      We compiled this AscendEX (previously BitMax) analysis using publicly available data, including the AscendEX (previously BitMax) Official Website, AscendEX (previously BitMax) X (Twitter) Account. The OGAudit community shares this for educational purposes only, so please do not treat it as financial or legal advice. Spot an error or an outdated fact? Let us know via our contact form so we can fix it.
      Read More

      Fees

      # Listed Coins 596
      # Pairs 665
      Spot Trading Fees* (Maker / Taker) 0.10% / 0.10%
      Futures Trading Fees* (Maker / Taker) 0.04% / 0.06%
      Margin Trading
      * For the most up-to-date exchange fee information, please visit the official website of the exchange.

      AscendEX (previously BitMax) Community Sentiment

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