AscendEX

https://ascendex.com

https://twitter.com/_AscendEX

https://www.linkedin.com/company/bitmax-io/

https://www.crunchbase.com/organization/bitmax

cex

AscendEX

AscendEX is a centralized cryptocurrency trading platform (crypto exchange) that offers services such as spot trading, margin trading, futures trading, and crypto “earn”/staking-style products, and markets itself to both retail and institutional users. (ascendex.com)

Names and history

• The platform launched in 2018 under the name BitMax.io. (accessnewswire.com)
• On March 22, 2021, BitMax.io rebranded to AscendEX and began using the domain ascendex.com. (ascendex.com)

Products and features (high-level)

AscendEX describes itself as a “full-stack cryptocurrency financial platform,” with offerings that typically include:

• Trading: spot, margin, and futures markets (ascendex.com)
• Wallet/custody and earning features: including staking-style support for various assets (ascendex.com)
• Token listings and promotional programs: the platform has marketed features such as early-stage token access and exchange-offering-style campaigns. (ascendex.com)

Notable security incident (2021)

• AscendEX reported that on December 11, 2021 (about 22:00 UTC) it detected unauthorized transfers from one of its hot wallets, stated that it would reimburse affected customers, and said it was working with law enforcement and forensic partners. (ascendex.com)
• Third-party reporting at the time estimated losses around ~$77 million (figures vary by source and methodology). (coindesk.com)

Official web presence (as provided)

• Website: https://ascendex.com (ascendex.com)
• X (Twitter) account: https://twitter.com/_AscendEX (ascendex.com)

Note: AscendEX has also used other social handles historically (for example, a separate AscendEX-branded X account is visible under @AscendEX). ([twitter.com](https://twitter.com/AscendEX/with_replies?utm_source=openai))