Compare AscendEX (BitMax) vs CoinSpot

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On this page, you can compare AscendEX (BitMax) with CoinSpot. 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. CoinSpot 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 CoinSpot. 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 CoinSpot 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. CoinSpot has a mobile app available for iOS and Android.

AscendEX (BitMax) has 3 languages available, including English, Korean and Chinese. CoinSpot has 1 language available, which is English.

Company
User rating User rating 3.6 / 5 14 user review User rating 3 / 5 21 user review
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 4.6 / 5
Trust Score How it works Trust Score 3.97 / 5 Trust Score 3.87 / 5

User rating

3.6 / 5 14 user review 3 / 5 21 user review

Cryptogeek rating

4 / 5 4.6 / 5

Trust Score

How it works
3.97 / 5 3.87 / 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
CoinSpot is one of the most popular cryptocurrency exchanges in Australia. The platform was founded in 2013 in Melbourne and it is one of Australia's earliest cryptocurrency exchanges. Its easy-to-use interface is like a breath of fresh air that shows other exchanges what to look up to. The most difficult thing is to decide which cryptocurrency to buy and how much money to invest since CoinSpot truly has the most full list of crypto assets to trade. The process of buying and selling is actually very simple.

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 The exchange does not disclose its location

Fees

No data Trading
Type Fee
Market Orders 0.1%
OTC 0.1%
Instant Buy, Sell and Swap 1%
Take Profit, Stop & Limit Orders 1%
Recurring Buy 1%

AUD Deposits/Withdrawals
Type Fee
POLi, PayID, Direct Deposits Free
BPAY 0.9%
Cash 2.5%
Withdraw AUD Free

Full fee schedule:
https://www.coinspot.com.au/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
CoinSpot is one of the most popular cryptocurrency exchanges in Australia. The platform was founded in 2013 in Melbourne and it is one of Australia's earliest cryptocurrency exchanges. Its easy-to-use interface is like a breath of fresh air that shows other exchanges what to look up to. The most difficult thing is to decide which cryptocurrency to buy and how much money to invest since CoinSpot truly has the most full list of crypto assets to trade. The process of buying and selling is actually very simple.
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 The exchange does not disclose its location
Fees Fees No data Fees Trading
Type Fee
Market Orders 0.1%
OTC 0.1%
Instant Buy, Sell and Swap 1%
Take Profit, Stop & Limit Orders 1%
Recurring Buy 1%

AUD Deposits/Withdrawals
Type Fee
POLi, PayID, Direct Deposits Free
BPAY 0.9%
Cash 2.5%
Withdraw AUD Free

Full fee schedule:
https://www.coinspot.com.au/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.

CoinSpot trading volume is 0. The exchange has 500 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 0

Pairs

240 500

Coins

200 164

Fiat trading

-

Deposit

Depends on currency and volume Depends on currency and volume

Fees

Percentage Percentage

Margin

-
Volume Volume 102543922 Volume 0
Pairs Pairs 240 Pairs 500
Coins Coins 200 Coins 164
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 Verified
Two factor authentication Two factor authentication Two factor authentication
Verified Verified Unverified Verified Verified

Social

Website

ascendex.com www.coinspot.com.au

Twitter

@AscendEX_Global coinspotau

Number of followers

153300 17200
Website Website ascendex.com Website www.coinspot.com.au
Twitter Twitter @AscendEX_Global Twitter coinspotau
Number of followers Number of followers 153300 Number of followers 17200

Rating

User rating User rating 3.6 / 5 14 user review User rating 3 / 5 21 user review
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 4.6 / 5

Cryptogeek summary

AscendEX (BitMax) user rating is 3.6, based on 14 user reviews. CoinSpot user rating is 3, based on 21 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: 3.87 / 5
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On this page, you can compare AscendEX (BitMax) with CoinSpot. 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. CoinSpot 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 CoinSpot. 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 CoinSpot 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. CoinSpot has a mobile app available for iOS and Android.

AscendEX (BitMax) has 3 languages available, including English, Korean and Chinese. CoinSpot has 1 language available, which is English.