Compare AscendEX (BitMax) vs Mercatox
On this page, you can compare AscendEX (BitMax) with Mercatox. 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. Mercatox was founded in 2015 in United Kingdom.
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 Mercatox. 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 Mercatox 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. Mercatox doesn't have a mobile app.
AscendEX (BitMax) has 3 languages available, including English, Korean and Chinese. Mercatox has 3 languages available, including English, Russian and Chinese.
| Company | ||
|---|---|---|
| User rating | 14 user reviews | 31 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 14 user reviews | 31 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
|
Mercatox has been around for about three years now after launching back in 2015.
The exchange offers a variety of services as it tries to appeal to traders including; margin trading, a multi-currency e-wallet, lending, a variety of payment methods, and interestingly, franchising capabilities on top of referral and loyalty programs.
|
Founding Date
| 2018 | 2015 |
Country
| Singapore | United Kingdom |
Type
| Centralized | Centralized |
Languages
| English, Korean, Chinese | English, Russian, Chinese |
Mobile app
| iOS, Android | - |
Full address
| No data | No data |
Fees
| No data | No data |
| 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
|
Mercatox has been around for about three years now after launching back in 2015.
The exchange offers a variety of services as it tries to appeal to traders including; margin trading, a multi-currency e-wallet, lending, a variety of payment methods, and interestingly, franchising capabilities on top of referral and loyalty programs.
|
|---|---|---|
| Founding Date | Founding Date 2018 | Founding Date 2015 |
| Country | Country Singapore | Country United Kingdom |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Korean, Chinese | Languages English, Russian, Chinese |
| Mobile app | Mobile app iOS, Android | Mobile app - |
| Full address | Full address No data | Full address No data |
| Fees | Fees No data | Fees No data |
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.
Mercatox trading volume is 11,541,946.0. The exchange has 609 available trading pairs. Fiat trading is not available on the exchange. Margin trading is 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 | 11541946 |
Pairs
| 240 | 609 |
Coins
| 200 | 222 |
Fiat trading
| - | - |
Deposit
| Depends on currency and volume | Free |
Fees
| Percentage | Percentage |
Margin
| Volume | Volume 102543922 | Volume 11541946 |
|---|---|---|
| Pairs | Pairs 240 | Pairs 609 |
| Coins | Coins 200 | Coins 222 |
| 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 | mercatox.com |
| @AscendEX_Global | @Mercatox_info |
Number of followers
| 153300 | 28000 |
| Website | Website ascendex.com | Website mercatox.com |
|---|---|---|
| Twitter @AscendEX_Global | Twitter @Mercatox_info | |
| Number of followers | Number of followers 153300 | Number of followers 28000 |
Rating
| User rating | 14 user reviews | 31 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
AscendEX (BitMax) user rating is 3.6, based on 14 user reviews. Mercatox user rating is 2.6, based on 31 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 Mercatox. 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. Mercatox was founded in 2015 in United Kingdom.
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 Mercatox. 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 Mercatox 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. Mercatox doesn't have a mobile app.
AscendEX (BitMax) has 3 languages available, including English, Korean and Chinese. Mercatox has 3 languages available, including English, Russian and Chinese.