Summit AscendEX: We are going through both trials and hardships, the original intention of encryption and the dream of finance go hand in hand

On July 26, the cryptocurrency market ushered in a long-lost general rise. Among them, the highest price of Bitcoin was close to 40,000 US dollars. At the same time, the prices of ETH, DOT, UNI and other currencies have also been improved to varying degrees. According to the peak AscendEX market, as of 17:00 on July 28, Bitcoin was quoted at $39,660.88, a 24-hour increase of 6.26%.

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Polish innovative products to meet the diverse needs of users

Even in the downturn of the market, AscendEX (asdxcn.com) still maintains a steady pace of development, especially focusing on the development of financial derivatives ecology and new DeFi mining products. On the one hand, this is the specific implementation of the platform development plan at the beginning of the year, and on the other hand, it is to provide users with products that are more in line with the needs of the market according to the characteristics of the market.

In terms of ecological construction of financial derivatives, more than ten kinds of perpetual contracts including exclusive contracts such as MATICUSDT, TRXUSDT, ADAUSDT, OMIUSDT, and UNIUSDT have been launched one after another. At present, Summit AscendEX has rich and diverse contract categories, which can better meet the trading needs of different users.

At the same time, in order to improve the user's trading experience and simplify the complicated process of opening positions, AscendEX also launched an innovative version of the mixed margin model in the contract system. In this way, users can quickly use non-USDT assets as contract margin without exchanging, mortgaging, or selling.

In terms of innovative products, AscendEX, as the world's first centralized exchange that supports the Polygon (MATIC) ecology, took the lead in launching the Curve (Polygon)-USDC decentralized trading pool mining product. Users can mine USDC, MATIC, and CRV three major value currencies at the same time by depositing USDC.

Users can provide liquidity for Curve (Polygon) through "one-click mining", and the earning currency will be distributed daily. According to the incentive policy of the Polygon project, the comprehensive annualized rate of return (APY) of mining is conservatively estimated to be 7% to 12%. As of press time, mining APY was 9.2%, and the peak was close to 19%.

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Welfare activities are a good show: boost market sentiment

At the beginning of 2021, while completing the global brand upgrade, AscendEX will pay special attention to the goals of market expansion, product ecology expansion, service quality improvement and user experience optimization. In addition to the key deployment and construction of the above two aspects, Summit AscendEX is also working hard to improve user welfare and feedback measures.

Based on the business philosophy of "leading the industry with product innovation", Summit AscendEX has also introduced innovative thinking and models in the arrangement and design of welfare activities, launch frequency, development methods and gift strength. Its purpose is to give long-term and continuous feedback to the development support of the platform and help users.

In June 2021, when it is the Dragon Boat Festival, Summit AscendEX specially planned to launch the passionate Dragon Boat Festival, do tasks, and enjoy 20,000 USDT welfare activities.

After the Dragon Boat Festival event, the AscendEX "6.18" mid-year carnival, that is, the blind box lucky draw welfare activity was unveiled in surprise. Among them, heavy gifts such as BTC discount benefits, auction item shares, airdrop gift packs, and jackpot coupons, coupled with a 100% winning rate, entrust the heart of AscendEX to give back.

On July 5th, due to the strong response to the first event, the second "Trading Leverage Happy Lucky Draw" event was grandly launched. Summit AscendEX has prepared a bonus of 20,000 USDT for users participating in the transaction. Currently, the third series of activities is under active preparation and is expected to be launched in early August.

In addition, the AscendEX official website has specially created a "Welfare Center" as a window for users to quickly and fully understand the platform's welfare activities. Wealth activities such as various new currency online benefits on the platform, targeted currency trading competitions, and pledge rewards are even more exciting, and the bonuses are quite impressive. Summit AscendEX hopes to use this move to boost the enthusiasm and confidence of users to participate, and also inject vitality into the industry market.

In addition to the wonderful online activities, on the evening of July 24th, the "Apex Covenant" encryption reception hosted by AscendEX was successfully held in Hangzhou. Nearly 400 industry professionals, including many top investment institutions, exchanges, project teams, quantitative teams, community KOLs, and media, gathered to discuss the future of the industry.

In addition to providing opportunities for face-to-face communication, this reception has also built an excellent bridge for cooperation between all parties. The orderly participation and active discussion of the guests at the scene made the offline event of "Appointment at the Summit" highly acclaimed, and many guests gave feedback: "Let's make an appointment at the summit on a regular basis."

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Summit AscendEX content push: keep up with the forefront of market value

In order to provide users with valuable content based on the exchange's professional perspective, AscendEX combines the latest market hotspots with a neutral attitude to form a brand content column to analyze and display the value information in the hotspots.

In the previous peak AscendEX observation column, the reason for the Polkadot parachain slot auction fire, the formation and status quo of the Staking (pledge) economy, the backside of the amazing explosion of NFT, and the unique ecological strategy of the Solana public chain are all A hot topic that is widely concerned by market users.

In addition, as a senior team with traditional financial background, AscendEX has reason and more responsibility to play the role of "educator" of industry knowledge and skills. For this reason, the summit AscendEX financial course column came into being, aiming to let more users understand the reality of finance through simple and simple science explanations.

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The core values ​​of "efficiency, transparency, and stability" that AscendEX adheres to, its efficiency refers to its calmness, rapid response and execution in the face of the turbulent changes in the cryptocurrency market and fierce competition; its transparency refers to its achievements regardless of its advantages or disadvantages. Significant or urgent improvements can be made to the market and users; its robustness comes from the mature style of Wall Street finance, with rich experience in traditional financial management, and the strength to support large-scale, high-standard trading facilities and product construction and operation.

Born in a bear market, strong in the bull-bear alternation experience, the peak of AscendEX has been through wind and rain, with the original intention of becoming the master of the "encryption world", and towards the dream of leapfrog development of "big finance", step by step, from point to line to comprehensive.