Compare AscendEX (BitMax) vs Yobit

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On this page, you can compare AscendEX (BitMax) with Yobit. 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. Yobit was founded in 2014 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 Yobit. 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 Yobit 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. Yobit doesn't have a mobile app.

AscendEX (BitMax) has 3 languages available, including English, Korean and Chinese. Yobit has 3 languages available, including English, Russian and Chinese.

Company
User rating User rating 3.8 / 5 13 user reviews User rating 4.5 / 5 64 user reviews
Cryptogeek rating Cryptogeek rating 4.0 / 5 Cryptogeek rating 4.2 / 5
Trust Score How it works Trust Score 4.03 / 5 Trust Score 4.14 / 5

User rating

3.8 / 5 13 user reviews 4.5 / 5 64 user reviews

Cryptogeek rating

4.0 / 5 4.2 / 5

Trust Score

How it works
4.03 / 5 4.14 / 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
YoBit is a cryptocurrency exchange with a large number of coins, including new altcoins just released on ICO. Among the pairs, there are both cryptocurrency and fiat. YoBit supports all major, top-end coins, most forks of major currencies are supported, as well as numerous little-known currencies, among which there are once popular, and old unsuccessful, and new little-known, and tokens of recent ICOs. YoBit was founded in the summer of 2014, and trading became available in early January 2015.

Founding Date

2018 2014

Country

Singapore USA

Type

Centralized Centralized

Languages

English, Korean, Chinese English, Russian, Chinese

Mobile app

iOS, Android -

Full address

No data The exchange does not disclose its location

Fees

No data 0.2% Trading fee

Full fee schedule:
https://yobit.net/en/fees/
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
YoBit is a cryptocurrency exchange with a large number of coins, including new altcoins just released on ICO. Among the pairs, there are both cryptocurrency and fiat. YoBit supports all major, top-end coins, most forks of major currencies are supported, as well as numerous little-known currencies, among which there are once popular, and old unsuccessful, and new little-known, and tokens of recent ICOs. YoBit was founded in the summer of 2014, and trading became available in early January 2015.
Founding Date Founding Date 2018 Founding Date 2014
Country Country Singapore Country USA
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 The exchange does not disclose its location
Fees Fees No data Fees 0.2% Trading fee

Full fee schedule:
https://yobit.net/en/fees/

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.

Yobit trading volume is 26,983,082.0. The exchange has 6581 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 26983082

Pairs

240 6581

Coins

200 331

Fiat trading

- -

Deposit

Depends on currency and volume Depends on currency and volume

Fees

Percentage Percentage

Margin

-
Volume Volume 102543922 Volume 26983082
Pairs Pairs 240 Pairs 6581
Coins Coins 200 Coins 331
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 yobit.net

Twitter

@AscendEX_Global @YobitExchange

Number of followers

153300 165523
Website Website ascendex.com Website yobit.net
Twitter Twitter @AscendEX_Global Twitter @YobitExchange
Number of followers Number of followers 153300 Number of followers 165523

Rating

User rating User rating 3.8 / 5 13 user reviews User rating 4.5 / 5 64 user reviews
Cryptogeek rating Cryptogeek rating 4.0 / 5 Cryptogeek rating 4.2 / 5

Cryptogeek summary

AscendEX (BitMax) user rating is 3.8, based on 13 user reviews. Yobit user rating is 4.5, based on 64 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: 4.03 / 5
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Trust Score: 4.14 / 5 Write review

On this page, you can compare AscendEX (BitMax) with Yobit. 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. Yobit was founded in 2014 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 Yobit. 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 Yobit 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. Yobit doesn't have a mobile app.

AscendEX (BitMax) has 3 languages available, including English, Korean and Chinese. Yobit has 3 languages available, including English, Russian and Chinese.