What newbies to AscendEX exchange need to know

AscendEX's user-friendly platform, diverse trading options, and competitive fees make it an enticing exchange for seasoned traders and aspiring crypto enthusiasts alike.

Nov 22, 2024 at 05:46 pm

What Newbies to AscendEX Exchange Need to Know

AscendEX is a cryptocurrency exchange that offers a wide range of trading options, including spot trading, margin trading, and futures trading. It is also one of the few exchanges that offer support for both fiat currencies and cryptocurrencies. This makes it a great choice for both beginners and experienced traders alike.

If you are new to AscendEX, here are a few things you need to know:

1. How to Create an Account

Creating an account on AscendEX is easy. Simply visit the website and click on the "Sign Up" button. You will be asked to provide some basic information, including your email address, password, and country of residence. Once you have provided this information, you will need to verify your email address.

2. How to Deposit Funds

Once you have created an account, you will need to deposit funds before you can start trading. AscendEX supports a variety of deposit methods, including bank transfers, credit cards, and debit cards. The minimum deposit amount is $10.

3. How to Trade on AscendEX

Trading on AscendEX is easy. Simply select the trading pair you want to trade and enter the amount of cryptocurrency you want to buy or sell. You can also set a limit order or a market order.

4. How to Withdraw Funds

Withdrawing funds from AscendEX is also easy. Simply go to the "Withdraw" page and select the cryptocurrency you want to withdraw. You will then need to enter the amount you want to withdraw and the address of your wallet.

5. AscendEX Fees

AscendEX charges a variety of fees, including trading fees, withdrawal fees, and deposit fees. The trading fees vary depending on the trading pair you are trading. The withdrawal fees also vary depending on the cryptocurrency you are withdrawing. The deposit fees are free for bank transfers and credit cards.

6. AscendEX Security

AscendEX takes security seriously. The exchange uses a variety of security measures to protect your funds, including two-factor authentication (2FA), SSL encryption, and cold storage.

7. AscendEX Support

AscendEX offers a variety of support options, including email, live chat, and phone support. The support team is available 24/7 to help you with any questions or problems you may have.

8. AscendEX Advantages

AscendEX offers a number of advantages over other cryptocurrency exchanges, including:

• A wide range of trading options
• Support for both fiat currencies and cryptocurrencies
• Low fees
• Strong security
• Excellent customer support