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.

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By applying to become an order recipient and binding the trading API, you agree to the following disclaimer:

1. API Usage Responsibility: The individual operator acknowledges and confirms that binding the trading API is for executing contract trades. All transactions executed via the API are independent of the order recipient’s decisions, and the order recipient assumes full responsibility for the trading results.

2. Security: The order recipient is responsible for safeguarding their API key. Unauthorized access or use may result in financial loss. Brokers must immediately notify the platform in writing of any unauthorized use.

3. Trading Risks: Using the trading API involves market risks, including but not limited to price fluctuations and slippage. Leaders should independently assess market risks. Individual members should also independently assess market risks, and the platform bears no responsibility for losses caused by market fluctuations.

4. Technical Issues: The use of the trading API may be affected by technical issues, including but not limited to system failures and network interruptions. The platform is not responsible for losses resulting from technical issues.

5. API Key Protection: The order recipient must properly safeguard their API key and not share it with any third party. Any loss caused by the leakage of the API key shall be borne by the order recipient.

6. Compliance: Leaders using the API must comply with all applicable laws and regulations. Violations may result in the termination of the order recipient’s qualification.

7. API Privileges: Leaders acknowledge and agree that the privileges granted by API binding will allow contract trading execution. The platform is not responsible for losses caused by the improper use of API privileges.

8. Disclaimer Changes: The platform reserves the right to modify the disclaimer at any time. Changes will be notified by the platform. By continuing to use the API, the order recipient agrees to any modifications to the disclaimer.

I have read, understood, and agreed to all the terms of the above disclaimer.

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