Compare AscendEX (BitMax) vs Mercatox

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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 User rating 3.6 / 5 14 user reviews User rating 2.6 / 5 29 user reviews
Cryptogeek rating Cryptogeek rating 4.0 / 5 Cryptogeek rating 2.8 / 5
Trust Score How it works Trust Score 3.97 / 5 Trust Score 3.34 / 5

User rating

3.6 / 5 14 user reviews 2.6 / 5 29 user reviews

Cryptogeek rating

4.0 / 5 2.8 / 5

Trust Score

How it works
3.97 / 5 3.34 / 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
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

Twitter

@AscendEX_Global @Mercatox_info

Number of followers

153300 28000
Website Website ascendex.com Website mercatox.com
Twitter Twitter @AscendEX_Global Twitter @Mercatox_info
Number of followers Number of followers 153300 Number of followers 28000

Rating

User rating User rating 3.6 / 5 14 user reviews User rating 2.6 / 5 29 user reviews
Cryptogeek rating Cryptogeek rating 4.0 / 5 Cryptogeek rating 2.8 / 5

Cryptogeek summary

AscendEX (BitMax) user rating is 3.6, based on 14 user reviews. Mercatox user rating is 2.6, based on 29 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: 3.34 / 5
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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.