Exchange AscendEX (Bitmax)

AscendEX is a global digital asset financial platform that serves clients in over 200 countries and regions around the world.

AscendEX, headquartered in Singapore, was first launched in 2018. Based on the blockchain industry, AscendEX works with millions of global crypto investors and traders through high quality digital assets and comprehensive product offerings. It’s also worth mentioning that ASD, AscendEX’s native utility token, is among the top 100 crypto assets by market cap. The platform currently has over 200 digital assets from a wide range of industry-leading blockchain projects thanks to its long-term development program and disciplined approach to listing due diligence.

In 2019, the company underwent a major rebranding, significantly expanded its markets, introduced trading levels and functionality to develop its own ecosystem (including the ASD coin).

The trading terminal is based on the standard TradingView. 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.

AscendEX (Bitmax)
AscendEX (Bitmax)

The concept of cryptocurrency derivatives 

Cryptocurrency derivatives is a financial contract between two or more parties, the value of which is derived from the value of the underlying cryptocurrency, that is, an agreement that regulates the purchase or sale of an asset in the future at a specific price.

Derivatives themselves have no value. Their value lies in what price movements await the cryptocurrency in the future.

Types of derivatives 

There are many different types of cryptocurrency derivatives that can be used for different purposes. The derivatives market has grown over the past decades and now offers products that can meet the needs of any trader.

Derivatives can be divided into two groups - OTC derivatives and exchange derivatives.

OTC derivatives make up the majority of the derivatives market. They usually carry a higher risk, which is that one of the parties to the contract may go bankrupt and default, since both parties to the derivative are private and unregulated. On the other hand, they provide investors with much more flexibility in terms of size, expiration date, etc.

Exchange-traded derivatives are much more strictly regulated and the risk of default is minimal. The problem here is that they often require a much larger initial investment than OTC derivatives, making them difficult for small and medium investors to access.

The most popular derivatives in the cryptocurrency markets are:

  • swaps. They are considered the most difficult market instruments to master. Such derivatives give participants the opportunity to exchange their financial flows. The most common example of such an action is changing the fixed interest rate to a floating one. Traders can make decisions about swapping the underlying cryptocurrency or interest rates.
  • futures contracts.
  • forward contracts. Forward - an over-the-counter contract for the sale of goods in the future. It is similar to futures, but less standardized.
  • options. An option contract binds one participant and allows the other to make a decision later when it expires. Therefore, the privileged party, having a choice, pays some fee for it.

Cryptocurrency derivatives are a recently formed variety of financial products. Today, the cryptocurrency market is a vast ecosystem of more than 2,000 tokens and coins.

To make your first derivatives trade, register on the AscendEX (Bitmax) cryptocurrency derivatives trading platform.

Cryptocurrency derivatives AscendEX (Bitmax) require maximum caution when using them, as this affects the trader's earnings.

Register on the AscendEX (Bitmax) cryptocurrency derivatives trading platform
Register on the AscendEX (Bitmax) cryptocurrency derivatives trading platform

Reasons to Use AscendEX (Bitmax) Derivatives in India 

Derivatives provide a number of advantages for today's financial markets, which is why they are becoming increasingly popular. Among these reasons are the following:

  • Risk hedging. Profit from a derivative can smooth out losses on the underlying asset.
  • Determining the price of the base cryptocurrency.
  • Volatility protection. The main reason for the existence of derivatives is that legal entities and individuals want to reduce the level of risks for themselves and build protection against strong price fluctuations.
  • Speculation. Cryptocurrency derivatives are very popular among traders, as they allow you to profit from changes in the exchange rate.

If you want to start investing, try AscendEX (Bitmax) derivatives trading on one of the popular trading platforms.

Download Ascendex mobile app
Download Ascendex mobile app

Cryptocurrency derivatives trading platform AscendEX (Bitmax) 

AscendEX (Bitmax) derivatives trading platform is great for traders of all levels. AscendEX is a simple yet functional cryptocurrency trading platform that has everything an active trader needs.

All known cryptocurrencies are represented on the site, including the coin of the ASD exchange.

To understand the system and conduct the first transactions without problems and without outside help, the platform has a simplified and understandable terminal, just for novice traders, several programs. The advantage of the platform is the absence of a minimum deposit, many crypto-to-crypto pairs.

AscendEX crypto exchange fees are quite low compared to other trading platforms, and it is possible to lower fees with the exchange’s own token, ASD (BTMX).

In addition to the TradingView web terminal, there is a mobile application that is convenient to use. There are all options for depositing and withdrawing funds, including bank cards. Contributions to the platform’s own coin will give you profitable bonuses. The platform also has a system of rewards for active trading, the sale of multicards for investments in ASD and airdrops has been launched.

The advantages of a cryptocurrency exchange include significant leverage for margin and futures, many investment decisions, including staking, farming, and direct contributions to the development of the site. In the investment segment, the AscendEX exchange definitely occupies one of the top positions due to its high diversity, functionality and prospects for investors of different levels.

The platform for trading cryptocurrency derivatives AscendEX (Bitmax) is universal and suitable for traders of all levels.

AscendEX benefits
AscendEX benefits

AscendEX investment programs

Cryptocurrency exchange AscendEX offers several investment solutions. Now there are four services for passive income on the site:

  • Staking. The user chooses the program that suits him, taking into account the following parameters - asset, deposit size, deposit term, interest payments. The invested funds go to the development of third-party blockchain projects. After the user makes a deposit in the selected asset, interest is accrued daily. The deposit can be used in trading, adjusted in volume at any time or withdrawn completely, the reward will be recalculated accordingly.
  • DeFi Yield Farming. The user can invest some coins in others, which are determined by the system as more promising and fast growing. This makes it possible in a short time to receive high profitability (50% per annum and above). Strategies and pools are predefined, the user only needs to select a suitable portfolio, transfer the amount between the stated minimum and maximum deposits. Interest is calculated daily, the programs are short-term.
  • BitTreasure. Own platform service, users invest in projects implemented directly by the cryptocurrency exchange. The pool of programs is constantly updated, deposits are fixed for a period of 30, 90 and 180 days. It is not possible to withdraw the deposit during this period. Yields are usually high. Since the conditions are favorable, the programs are quickly implemented, so there is a difficulty in having time to invest in the next project.
  • ASD Ecosystem. The user can invest in the coin of the site on various conditions to receive passive profit and a wide range of bonuses. For ASD, you can purchase an investment multi-card, which increases the yield from the deposit five times.

With ASD, users can also buy a special point card. The points card allows you to deduct interest for margin trading.

AscendEX futures market
AscendEX futures market

Derivatives trading with leverage 

AscendEX (Bitmax) cryptocurrency derivatives trading is especially attractive due to the possibility of using leverage. Leverage allows investors and traders not to open positions of large volumes, while paying not the full cost, but only a part called margin.

Thus, a market participant can control the level of risk, which is many times greater than the amount of funds in his account, and increase the value of his assets.

AscendEX (Bitmax) derivatives in India are among the most important risk management tools.

Leverage allows you to multiply your trading results without having to increase your funds. This gives you the advantage of making higher returns on a small initial investment. However, it is important to note that traders may be at greater risk of loss when using leverage.

AscendEX exchange trading interface
AscendEX exchange trading interface

AscendEX (Bitmax) Crypto Futures in India 

The cryptocurrency exchange trading market is gradually developing and becoming a full-fledged economic system. More and more various investment products based on cryptocurrencies are emerging.

A futures contract is one of the types of derivative financial instruments (derivative), under the terms of which the seller is obliged to deliver the underlying asset to the buyer at the price and date fixed in the contract. 

A futures derivative regulates the sale of an asset according to future data, but at a price already determined now. Futures can be delivered and settled.

A deliverable futures obliges the seller to transfer the underlying asset to the buyer at the price specified in the contract at a strictly defined time.

A settlement futures works in a similar way, with the only difference that the settlement takes place in money, without the delivery of the underlying asset to the buyer.

AscendEX (Bitmax) Crypto Futures in India is a great option for those who would like to try derivatives trading.

Select account type
Select account type

Crypto futures trading AscendEX (Bitmax) 

AscendEX (Bitmax) crypto futures trading ensures the confidence of traders and investors in the digital asset market, since in addition to the seller and the buyer there is a third party, a reliable intermediary that guarantees the fulfillment of the obligations of the contract by the parties. That is why, before you start trading cryptocurrency futures, it is important to choose a reliable trading platform.

Key factors to consider when choosing an exchange:

  • the amount of trading commissions and methods of replenishing the balance and withdrawing assets from the exchange;
  • variety of assets and types of contracts on the exchange;
  • features of the trading infrastructure of the exchange;
  • correspondence of conditions on the exchange to your trading strategies.

Register on the platform for crypto derivatives trading AscendEX (Bitmax), and start trading cryptocurrency futures right now!

SIMPLE AND RELIABLE
MONEY WITHDRAWAL
Visa
Mastercard
Yandex Money
GENERAL RISK WARNING
The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose