AscendEX (BitMax) overview
Centralized (CEX). Country Romania. Established 2018. Trust rank 77. Reported 24h volume 23512.82 BTC.
Coverage: 468 active pairs across 444 tradable assets. Liquidity profile: High. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 87.7%. Key pairs include BTC/USDT, ETH/USDT, XRP/USDT, RUSD/USDT. Leading pair BTC/USDT. Median spread on leading markets 0.22%.
Liquidity structure and trading conditions
Volume mix: USDT is the largest tracked quote currency at about 92.7% of measured flow. Data scope: 480 tickers observed, with spread readings on 300 markets. Trust rank summarizes relative standing among peers, and 24h BTC volume adds context on how active the venue is right now. Coverage is a breadth check, more pairs and assets generally mean more choice when conditions shift. Concentration shows whether turnover is clustered in a small set of pairs or spread across the book. Median spread is a practical measure of how tight pricing tends to be on the leading markets. A broad pair list usually improves routing flexibility, but pricing quality still depends on where volume concentrates. For venue selection, combine breadth, concentration, and spread conditions with the key pairs list to understand where activity really sits.
Editorial note: This analysis was prepared by the YearBull research team under the direction of Alan Zelvin, Founder and Lead Crypto Researcher. The assessment follows YearBull’s internal research methodology and editorial standards. Methodology · Editorial Policy