Ascendex

What is AscendEX?

AscendEX is a centralized digital asset platform offering institutional-grade trading and yield generation tools for retail and professional users. Originally launched as BitMax, AscendEX rebranded to reflect its broader mission: combining centralized exchange services with decentralized finance (DeFi) opportunities. Operating in over 200 regions, it provides spot, margin, and futures trading, staking support, and access to high-yield blockchain investments.

Founded by Wall Street trading veterans, AscendEX emphasizes performance, security, and user experience. Its product suite supports over 200 trading pairs and includes proprietary smart routing, deep liquidity pools, and custodial-grade asset security. With a hybrid CeFi–DeFi approach, the platform supports both on-exchange trading and staking, as well as integration points for decentralized applications.

Key Features and Use Cases

AscendEX is engineered for a wide range of use cases—from institutional market access to token launch support and passive yield generation:

• Spot, Margin & Futures Trading: Over 200 pairs with high leverage options, supported by real-time risk engines
• Staking-as-a-Service: Native and delegated staking for over 50 tokens with automated compounding
• Initial Exchange Offerings (IEOs): Early access to vetted blockchain projects with robust ROI history
• Cross-Asset Collateral: Margin and futures positions backed by multiple asset classes in one account
• Fiat Onramps: Simplified fiat-to-crypto conversion via wire transfer, cards, and stablecoin rails

AscendEX is particularly valuable for:

• Quant Funds and Traders: Low-latency APIs, FIX connectivity, and dynamic margining tools
• Crypto Treasuries: Secure custody, treasury management, and staking for idle balances
• Enterprise Accounting Teams: High-fidelity data exports and full trade reconciliation support

Integration with Cryptoworth

Cryptoworth integrates with AscendEX to provide automated data ingestion and reconciliation of trading, staking, and wallet activity. Through secure API connections, Cryptoworth captures:

• Trade executions (spot, margin, futures)
• Wallet deposits, withdrawals, and internal transfers
• Staking rewards and yield allocations
• Fee payments and realized P&L entries

This data is transformed into ledger-ready entries, categorized by account, and enriched with asset pricing for accurate cost basis tracking. Cryptoworth supports export to general ledger platforms like NetSuite and QuickBooks, and surfaces discrepancies for review within the Crypto Audit dashboard.

With AscendEX’s deep product coverage and Cryptoworth’s accounting engine, enterprises can confidently manage both high-frequency trading activity and passive income streams across one unified subledger.

Learn More

• AscendEX Official Website
• AscendEX API & Support Docs

Frequently Asked Questions

Can Cryptoworth track staking rewards from AscendEX?

Yes. Cryptoworth ingests staking transactions and reward distributions, categorizing them based on token, timestamp, and yield type. These entries are included in financial reports. For details, see our Crypto Accounting Software page.

How does Cryptoworth handle AscendEX margin or futures trades?

We support full position tracking, including margin usage, funding fees, and realized/unrealized P&L. Our subledger distinguishes between spot and derivatives activity to ensure accurate classification. Learn more via our Crypto Audit solution.

Is API connection secure, and how often is data refreshed?

Yes. Cryptoworth uses secure, encrypted API tokens without withdrawal permissions. Data syncs at regular intervals, ensuring financial reports reflect near real-time activity. Learn more about automation in our Accounts Receivable Automation overview.