Compare AscendEX (BitMax) vs Gate.io

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On this page, you can compare AscendEX (BitMax) with Gate.io. 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. Gate.io was founded in 2013 in USA.

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 Gate.io. 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 Gate.io 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. Gate.io has a mobile app available for iOS and Android.

AscendEX (BitMax) has 3 languages available, including English, Korean and Chinese. Gate.io has 13 languages available, including English, Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Turkish and Thai.

Company
User rating User rating 3.6 / 5 14 user reviews User rating 2.8 / 5 36 user reviews
Cryptogeek rating Cryptogeek rating 4.0 / 5 Cryptogeek rating 4.0 / 5
Trust Score How it works Trust Score 3.97 / 5 Trust Score 3.9 / 5

User rating

3.6 / 5 14 user reviews 2.8 / 5 36 user reviews

Cryptogeek rating

4.0 / 5 4.0 / 5

Trust Score

How it works
3.97 / 5 3.9 / 5

About

AscendEX (BitMax) is a Singapore-based cryptocurrency exchange that was launched in 2018 under the name of BitMax. The rebranding was put into action in March 2021
Gate.io was founded in 2013 by Lin Han. The platform is operated by Gate Technology Incorporated. This year, April 17, Gate.io managed to raise raised $64,000,000 as an initial coin offering (ICO), and according to exchange CMO Mrs. Marie Tatibouet on April 8, 2019, it raised an undisclosed amount of capital from 5 BLOCKS CAPITAL.

Founding Date

2018 2013

Country

Singapore USA

Type

Centralized Centralized

Languages

English, Korean, Chinese English, Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Turkish, Thai

Mobile app

iOS, Android iOS, Android

Full address

No data Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH 96960

Fees

No data 0.2% fee for trading.

Tier Fee discount Trade Volume of BTC Equivalent
VIP0 No < 6 BTC
VIP1 5% Off ≥ 6 BTC
VIP2 10% Off ≥ 12 BTC
VIP3 15% Off ≥ 24 BTC
VIP4 20% Off ≥ 50 BTC
VIP5 25% Off ≥ 100 BTC
VIP6 30% Off ≥ 300 BTC
VIP7 35% Off ≥ 800 BTC
VIP8 40% Off ≥ 2000 BTC
VIP9 45% Off ≥ 5000 BTC
VIP10 50% off ≥ 10000 BTC
About
AscendEX (BitMax) is a Singapore-based cryptocurrency exchange that was launched in 2018 under the name of BitMax. The rebranding was put into action in March 2021
Gate.io was founded in 2013 by Lin Han. The platform is operated by Gate Technology Incorporated. This year, April 17, Gate.io managed to raise raised $64,000,000 as an initial coin offering (ICO), and according to exchange CMO Mrs. Marie Tatibouet on April 8, 2019, it raised an undisclosed amount of capital from 5 BLOCKS CAPITAL.
Founding Date Founding Date 2018 Founding Date 2013
Country Country Singapore Country USA
Type Type Centralized Type Centralized
Languages Languages English, Korean, Chinese Languages English, Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Turkish, Thai
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address No data Full address Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH 96960
Fees Fees No data Fees 0.2% fee for trading.

Tier Fee discount Trade Volume of BTC Equivalent
VIP0 No < 6 BTC
VIP1 5% Off ≥ 6 BTC
VIP2 10% Off ≥ 12 BTC
VIP3 15% Off ≥ 24 BTC
VIP4 20% Off ≥ 50 BTC
VIP5 25% Off ≥ 100 BTC
VIP6 30% Off ≥ 300 BTC
VIP7 35% Off ≥ 800 BTC
VIP8 40% Off ≥ 2000 BTC
VIP9 45% Off ≥ 5000 BTC
VIP10 50% off ≥ 10000 BTC

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.

Gate.io trading volume is 61,555,210.0. The exchange has 395 available trading pairs. Fiat trading is 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 61555210

Pairs

240 395

Coins

200 192

Fiat trading

-

Deposit

Depends on currency and volume Free

Fees

Percentage Percentage

Margin

-
Volume Volume 102543922 Volume 61555210
Pairs Pairs 240 Pairs 395
Coins Coins 200 Coins 192
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 Verified
Two factor authentication Two factor authentication Two factor authentication
Verified Verified Unverified Verified Verified

Social

Website

ascendex.com www.gate.io

Twitter

@AscendEX_Global @gate_io

Number of followers

153300 49787
Website Website ascendex.com Website www.gate.io
Twitter Twitter @AscendEX_Global Twitter @gate_io
Number of followers Number of followers 153300 Number of followers 49787

Rating

User rating User rating 3.6 / 5 14 user reviews User rating 2.8 / 5 36 user reviews
Cryptogeek rating Cryptogeek rating 4.0 / 5 Cryptogeek rating 4.0 / 5

Cryptogeek summary

AscendEX (BitMax) user rating is 3.6, based on 14 user reviews. Gate.io user rating is 2.8, based on 36 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: 3.9 / 5
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On this page, you can compare AscendEX (BitMax) with Gate.io. 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. Gate.io was founded in 2013 in USA.

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 Gate.io. 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 Gate.io 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. Gate.io has a mobile app available for iOS and Android.

AscendEX (BitMax) has 3 languages available, including English, Korean and Chinese. Gate.io has 13 languages available, including English, Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Turkish and Thai.