Compare AscendEX (BitMax) vs Independent Reserve
On this page, you can compare AscendEX (BitMax) with Independent Reserve. 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. Independent Reserve was founded in 2013 in Australia.
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 Independent Reserve. 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 Independent Reserve 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. Independent Reserve has a mobile app available for iOS and Android.
AscendEX (BitMax) has 3 languages available, including English, Korean and Chinese. Independent Reserve has 1 language available, which is English.
| Company | ||
|---|---|---|
| User rating | 14 user reviews | 2 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 14 user reviews | 2 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
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
|
Independent Reserve is a veteran Australian crypto exchange that lets traders trade popular cryptos like Bitcoin, Ethereum, Bitcoin Cash, Ripple and many more.
|
Founding Date
| 2018 | 2013 |
Country
| Singapore | Australia |
Type
| Centralized | Centralized |
Languages
| English, Korean, Chinese | English |
Mobile app
| iOS, Android | iOS, Android |
Full address
| No data | Level 26/44 Market St, Sydney NSW 2000, Australia support@independentreserve.com |
Fees
| No data |
Trade commission: As low as 0.1 %, see Trade Volume Discount section below Electronic Funds Transfer deposits: Electronic Funds Transfer deposits of $AUD 100.00 and above are free (smaller deposits incur a $0.99 processing fee) Incorrect / Missing Reference: $20.00 SWIFT deposits: SWIFT deposits of $5,000.00 equivalent and above are free (smaller deposits incur a $15.00 processing fee) Cryptocurrency deposits: Free Australian AUD withdrawals: Free International or non-AUD withdrawals: $20.00 Bitcoin withdrawals: BTC 0.0002 Ether withdrawals: ETH 0.001 Bitcoin Cash withdrawals: BCH 0.0001 Litecoin withdrawals: LTC 0.001 Ripple withdrawals: XRP 0.15 Airbridge™ API: Free |
| 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
|
Independent Reserve is a veteran Australian crypto exchange that lets traders trade popular cryptos like Bitcoin, Ethereum, Bitcoin Cash, Ripple and many more.
|
|---|---|---|
| Founding Date | Founding Date 2018 | Founding Date 2013 |
| Country | Country Singapore | Country Australia |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Korean, Chinese | Languages English |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address No data | Full address Level 26/44 Market St, Sydney NSW 2000, Australia support@independentreserve.com |
| Fees | Fees No data |
Fees
Trade commission: As low as 0.1 %, see Trade Volume Discount section below Electronic Funds Transfer deposits: Electronic Funds Transfer deposits of $AUD 100.00 and above are free (smaller deposits incur a $0.99 processing fee) Incorrect / Missing Reference: $20.00 SWIFT deposits: SWIFT deposits of $5,000.00 equivalent and above are free (smaller deposits incur a $15.00 processing fee) Cryptocurrency deposits: Free Australian AUD withdrawals: Free International or non-AUD withdrawals: $20.00 Bitcoin withdrawals: BTC 0.0002 Ether withdrawals: ETH 0.001 Bitcoin Cash withdrawals: BCH 0.0001 Litecoin withdrawals: LTC 0.001 Ripple withdrawals: XRP 0.15 Airbridge™ API: Free |
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.
Independent Reserve trading volume is 1,042,835.0. The exchange has 27 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 | 1042835 |
Pairs
| 240 | 27 |
Coins
| 200 | 16 |
Fiat trading
| - | - |
Deposit
| Depends on currency and volume | Depends on currency and volume |
Fees
| Percentage | Percentage |
Margin
| - |
| Volume | Volume 102543922 | Volume 1042835 |
|---|---|---|
| Pairs | Pairs 240 | Pairs 27 |
| Coins | Coins 200 | Coins 16 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Depends on currency and volume | Deposit Depends on currency and volume |
| 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 | www.independentreserve.com |
| @AscendEX_Global | @indepreserve |
Number of followers
| 153300 | 3500 |
| Website | Website ascendex.com | Website www.independentreserve.com |
|---|---|---|
| Twitter @AscendEX_Global | Twitter @indepreserve | |
| Number of followers | Number of followers 153300 | Number of followers 3500 |
Rating
| User rating | 14 user reviews | 2 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
AscendEX (BitMax) user rating is 3.6, based on 14 user reviews. Independent Reserve user rating is 5.0, based on 2 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? |
On this page, you can compare AscendEX (BitMax) with Independent Reserve. 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. Independent Reserve was founded in 2013 in Australia.
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 Independent Reserve. 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 Independent Reserve 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. Independent Reserve has a mobile app available for iOS and Android.
AscendEX (BitMax) has 3 languages available, including English, Korean and Chinese. Independent Reserve has 1 language available, which is English.