AscendEX(BitMax) Token

ASD(BTMX), a functional token issued on The Summit AscendEX platform, reduced the total number of ASD(BTMX) issues from 10 billion to 787,683,613 on 23 October 2019 and enabled a unique "extreme deflation" value model, 50% of ASD(BTMX) daily consumption will be permanently locked up, and the total amount of tokens in circulation will continue to decrease.

Stake ownership in ASD(BTMX) Staking: First, ASD(BTMX) Staking users continue to earn 80% of the platform's daily trading profits in the form of "Staking". Secondly, the platform constructs various equity consumption scenarios around the Taiwan dollar ecosystem: holding ASD(BTMX) improves the VIP level of the account, and the transaction rate is lower; Purchase point card with ASD(BTMX), 50% discount on leverage interest; Use ASD(BTMX) can participate in the high rate of return of the entire network exclusive "auction activities". With ASD(BTMX), Summit AscendEX hopes to deliver value to its customers and partners.

Since May 25, 2021, Peak AscendEX has officially upgraded to ASD with the change of contract address for the second time.