What is ASCENDEX(ASD)?

Basic information about ASD

Coin name:

AscendEx

Coin symbol:

Coin introduction:

The native digital cryptographically-secured utility token of BitMax (BTMX) is a major component of the ecosystem on BitMax, and is designed to be used solely as the primary token on the platform. BTMX will initially be issued by the Distributor as ERC-20 standard compliant digital tokens on the Ethereum blockchain. BTMX is a non-refundable functional utility token which will be used as the unit of exchange between participants on BitMax. The goal of introducing BTMX is to provide a convenient and secure mode of payment and settlement between participants who interact within the ecosystem on BitMax. BTMX does not in any way represent any shareholding, participation, right, title, or interest in the Foundation, the Distributor its affiliates, or any other company, enterprise or undertaking, nor will BMAX entitle token holders to any promise of fees, dividends, revenue, profits or investment returns, and are not intended to constitute securities in Singapore or any relevant jurisdiction. BTMX may only be utilised on BitMax, and ownership of BTMX carries no rights, express or implied, other than the right to use BTMX as a means to enable usage of and interaction within BitMax. BTMX would also function as the economic incentive to incentivise users to participate in the BitMax ecosystem. Users of BitMax and/or holders of BTMX which did not actively participate will not receive any BTMX incentives. The Distributor which issues and sells BTMX shall be an affiliate of the Foundation. The limit of 10 billion BMAX is strictly imposed without any further increase. The users can obtain BTMX through the "Trading Mining" model and are eligible to receive BTMX incentives based on the trade volume of their user account. BTMX can also be purchased on the exchange under the pairs of BTMX /BTC, BTMX /USDT.

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Current Price:

$0.016683More coin details

All-time high:

$3.26

All-time low:

$0.011396

ASD Supply Info and Tokenomics

Circulating supply:

742M

Total supply:

742M

Max supply:

Market cap:

$12.395M

Fully diluted valuation:

$12.395M

What is the outlook and future value of ASD?

The current market cap of ASD is $12.395M, ranked 1406 in the market, showing that the market already recognizes the value of ASD. When a bull market arrives, the market cap of ASD may continue to grow.

Moreover, if ASD can play a greater role in real-world applications—such as if the Monero developers can fully empower ASD and establish partnerships with more business partners to expand its user base—then the long-term value of ASD will be further enhanced.

What is the price of ASD in 2027?

According to the historical price performance prediction model of ASD, the price of ASD is expected to reach $0.017517 at 2027.

Note: As with any crypto investment, investors should closely monitor ’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get ASD?

Purchasing ASD with cash is not the only way to obtain ASD. If you have enough time, you can get ASD for free.

Learn how to get Hot rewards for free with ASD.

Earn free ASD by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get ASD airdrops for free.

All crypto airdrops and rewards can be exchanged for ASD through LBank spot trading.

Buy ASD starting from $1

What is ASD used for and how to use it?

The use cases for ASD may grow with the development of the crypto market and project progress. Currently, you can use ASD to:

Arbitrage trading of ASD

ASD is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many ASD trading pairs to suit your needs.

Earn yield with ASD

You can also lend out ASD or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your ASD gains.

Send or pay with ASD

If you want to pay someone with ASD, you can easily and quickly send ASD to them using their receiving address.

You can also visit the official website of AscendEx to learn more use cases of ASD, such as whether the AscendEx project supports community/eco apps or buying physical or virtual goods with ASD.