Dear AscendEX Users, Community Members, Partners, and Supporters:
2021 has been one other 12 months of accelerated development for all of us at AscendEX! The 12 months started with a significant milestone — AscendEX’s native token ASD (beforehand BTMX) ranked as one of the “high 100” cryptocurrencies, which was a exceptional testomony to our development and the contributions from market contributors, world customers, and the larger blockchain {industry}.
Throughout the 12 months, the AscendEX staff has accelerated our custom of steady product innovation and client-first methods by additional enhancing our platform’s core functionalities, increasing our world communities, and driving model consciousness. As the market matures with broader adoption underway, AscendEX continues to rise via consistency and excellence in efficiency and supply in the ever-evolving digital asset {industry}.
As we have fun AscendEX’s momentous third anniversary and the onset of the new 12 months, we want to share some of the agency’s current milestones and achievements with you all.
March
Strategic rebranding to AcendEX as the demonstration of the firm’s relentless give attention to offering customers with most utility and returns by main the enlargement of the digital asset {industry} at the nexus of CEX and DEX Introduction of an progressive Multi-Asset Collateral Mechanism, permitting customers to make the most of property aside from USDT as collateral for buying and selling perpetual futures contracts
June
Roll-out of new sub-account characteristic, permitting particular person and institutional customers to create multi-dimensional account constructions and deal with a number of asset administration channels for extra environment friendly buying and selling technique deployment
Launch of the Reward Center to streamline the course of of reward distribution
July
Introduction of customer support AI bots and on-line customer support perform for seamless and expedited information-request assist for customers on the platform
Launch of Curve (Polygon)-USDC decentralized buying and selling pool mining product
Expansion of project-specific staking packages to embody main cash from BTC & ETH to USDT together with DeFi Yield Farming packages to embody USDT, USDC, and USDX with {industry} aggressive return
August
Major improve of the skilled buying and selling interfaces to assist asset switch between money, margin, and futures accounts, in addition to One-click-order-placing & Order-placing-by-amount and different user-friendly options
September
Expansion of collateral-eligible property to embody staked property for futures buying and selling, permitting customers to higher make the most of their steadiness sheet for optimized returns from futures or margin buying and selling whereas nonetheless incomes staking earnings
October
Launched the KAVA/USDX liquidity mining product, including a brand new member to the mining ecosystem and strengthening our industry-leading providing of DeFi merchandise
November
Successfully accomplished a $50 million Series B fundraising spherical led by Polychain Capital and Hack VC, with participation from seven main enterprise capital companies, together with Jump Capital and Alameda Research
Launch of “Convert” perform for PC & APP purchasers, enabling customers to execute zero-fee swaps for over 45 asset pairs at market value, together with BTC, ETH, ATOM, TRX, and extra
Over the final three years, AscendEX has emerged as an {industry} chief, with a practice of cutting-edge product innovation, a daring dedication to premier high quality listings, top-tier {industry} analysis, and a key strategic accomplice to blue-chip tasks throughout the blockchain ecosystem. Our development and accomplishments to date are inseparable from our group’s limitless assist.
As we progress into the new 12 months, our staff will proceed its upward trajectory with the newest product improvement, group development, and crypto innovation, not just for AscendEX, however for the crypto {industry} at giant.
Thank you sincerely in your boundless assist since the 2018 launch. We want you and your family members a cheerful and wholesome new 12 months.
CEO George Cao, COO Ariel Ling, and the Entire AscendEX staff
November 30, 2021
2021 “Three Years Later… A Celebration of Success and the Best is Yet to Come” A Letter to the AscendEX Global Community
