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AscendEx Token (ASD) is the 1216th largest cryptocurrency in the world by market cap, valued at $40,706,046. The current price of AscendEx Token is $0.0537, which is -3.763% lower than yesterday. Prices have ranged between $0.056888 and $0.053829 over the past 24 hours. All prices are listed in US dollars and accurate as of February 03, 2023 04:02 UTC.
ASD is a utility token native to AscendEx cryptocurrency exchange (recently rebranded from its original name BitMax). AscendEX is a Singapore-born exchange that offers a range of features including margin trading, futures contracts and a copy trader feature similar to eToro.
As a ASD token holder, the main benefit you get is access to reduced transaction fees. For example, if you hold 20,000 ASD tokens you will be eligible for a 25 per cent discount on trading fees. You can also also use ASD to get priority access to new listings on AscendEX and to purchase Airdrop and Investment Multiple Cards which increase token rewards from airdops or BitTreasure, one of the platform’s investment products. The token can also be staked for rewards through a process known as Transaction Mining.
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Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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