Compare AscendEX (BitMax) vs LocalTrade

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On this page, you can compare AscendEX (BitMax) with LocalTrade. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.

At the end of this page, you can see our final ratings for both exchanges.

In the table below you can see general information on both exchanges. AscendEX (BitMax) was founded in 2018 in Singapore. LocalTrade was founded in 2017.

When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is LocalTrade. At the same time, newer projects may be more technologically advanced.

You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.

AscendEX (BitMax) is Centralized and LocalTrade is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

AscendEX (BitMax) has a mobile app available for iOS and Android. LocalTrade has a mobile app available for iOS and Android.

AscendEX (BitMax) has 3 languages available, including English, Korean and Chinese. LocalTrade has 16 languages available, including English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Indonesian, Hindi, Arabic, Thai, Polish and Slovene.

Company
User rating User rating 3.6 / 5 14 user review User rating 5 / 5 1 user reviews
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 0 / 5
Trust Score How it works Trust Score 3.97 / 5 Trust Score 3.8 / 5

User rating

3.6 / 5 14 user review 5 / 5 1 user reviews

Cryptogeek rating

4 / 5 0 / 5

Trust Score

How it works
3.97 / 5 3.8 / 5

About

تم إطلاق بورصة BitMax ومقرها سنغافورة في 2018. حاليا ، يتم التبادل في منتصف أعلى 100 من خلال حجمه المعدل. لا تحتوي البورصة على ودائع أو سحوبات فيات. توفر المنصة مخططات عالية للتخصيص ، مما يجعل من الممكن إجراء تحليل مفصل لظروف السوق.
LocalTrade is the cryptocurrency exchange covering USD, BTC and ETH markets. It was established in 2017. 

Founding Date

2018 2017

Country

Singapore International

Type

Centralized Centralized

Languages

English, Korean, Chinese English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Indonesian, Hindi, Arabic, Thai, Polish, Slovene

Mobile app

iOS, Android iOS, Android

Full address

No data Suite 305, Griffith Corporate Center, PO. Box 1510, Beachmont, Kingstown

Fees

No data Fee for trading - 0.2% trading fee

Full fee schedule:
https://localtrade.cc/fee-schedule
About
تم إطلاق بورصة BitMax ومقرها سنغافورة في 2018. حاليا ، يتم التبادل في منتصف أعلى 100 من خلال حجمه المعدل. لا تحتوي البورصة على ودائع أو سحوبات فيات. توفر المنصة مخططات عالية للتخصيص ، مما يجعل من الممكن إجراء تحليل مفصل لظروف السوق.
LocalTrade is the cryptocurrency exchange covering USD, BTC and ETH markets. It was established in 2017. 
Founding Date Founding Date 2018 Founding Date 2017
Country Country Singapore Country International
Type Type Centralized Type Centralized
Languages Languages English, Korean, Chinese Languages English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Indonesian, Hindi, Arabic, Thai, Polish, Slovene
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address No data Full address Suite 305, Griffith Corporate Center, PO. Box 1510, Beachmont, Kingstown
Fees Fees No data Fees Fee for trading - 0.2% trading fee

Full fee schedule:
https://localtrade.cc/fee-schedule

Trading

AscendEX (BitMax) trading volume is 102,543,922.0. The exchange has 240 available trading pairs. Fiat trading is not available on the exchange. Margin trading is available.

LocalTrade trading volume is 81,701,332.0. The exchange has 87 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.

Please note: The bigger number of available trading pairs provides you with more trading opportunities, but may cause technological shortcomings at the same time.

Volume

102543922 81701332

Pairs

240 87

Coins

200 29

Fiat trading

- -

Deposit

Depends on currency and volume Free

Fees

Percentage Percentage

Margin

-
Volume Volume 102543922 Volume 81701332
Pairs Pairs 240 Pairs 87
Coins Coins 200 Coins 29
Fiat trading Fiat trading - Fiat trading -
Deposit Deposit Depends on currency and volume Deposit Free
Fees Fees Percentage Fees Percentage
Margin Margin Margin -

Safety

Two factor authentication

Verified

Unverified Unverified
Two factor authentication Two factor authentication Two factor authentication
Verified Verified Unverified Verified Unverified

Social

Website

ascendex.com localtrade.cc

Twitter

@AscendEX_Global @localtrade_cc

Number of followers

153300 339261
Website Website ascendex.com Website localtrade.cc
Twitter Twitter @AscendEX_Global Twitter @localtrade_cc
Number of followers Number of followers 153300 Number of followers 339261

Rating

User rating User rating 3.6 / 5 14 user review User rating 5 / 5 1 user reviews
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 0 / 5

Cryptogeek summary

AscendEX (BitMax) user rating is 3.6, based on 14 user reviews. LocalTrade user rating is 5, based on 1 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each exchange.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
Trust Score: 3.97 / 5
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Trust Score: 3.8 / 5
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On this page, you can compare AscendEX (BitMax) with LocalTrade. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.

At the end of this page, you can see our final ratings for both exchanges.

In the table below you can see general information on both exchanges. AscendEX (BitMax) was founded in 2018 in Singapore. LocalTrade was founded in 2017.

When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is LocalTrade. At the same time, newer projects may be more technologically advanced.

You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.

AscendEX (BitMax) is Centralized and LocalTrade is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

AscendEX (BitMax) has a mobile app available for iOS and Android. LocalTrade has a mobile app available for iOS and Android.

AscendEX (BitMax) has 3 languages available, including English, Korean and Chinese. LocalTrade has 16 languages available, including English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Indonesian, Hindi, Arabic, Thai, Polish and Slovene.