ASD (BTMX) is a functional token issued by the summit AscendEX platform. On October 23, 2019, the total amount of ASD (BTMX) issuance was reduced from 10 billion to 787,683,613, and a unique "extreme deflation" value model was launched , 50% of the daily consumption of ASD (BTMX) is permanently locked, and the total amount of tokens in circulation will continue to decrease.

Holding ASD (BTMX) can enjoy rich platform benefits: First, ASD (BTMX) wealth management users continue to reap 80% of the platform's daily trading income in the form of "Staking wealth management". Secondly, the platform has constructed various rights and interests consumption scenarios around the platform currency ecology: holding ASD (BTMX) to upgrade the VIP level of the account, and the transaction fee rate is lower; ) can participate in exclusive "auction activities" on the entire network with a super high rate of return. Summit AscendEX hopes to achieve win-win value with users and partners through ASD (BTMX).

Since May 25, 2021, the AscendEX platform currency BTMX has been officially upgraded to ASD, and the contract address has been changed for the second time.

*AscendEX Token (ASD) latest contract address
https://etherscan.io/token/0xff742d05420b6aca4481f635ad8341f81a6300c2
(ASD latest smart contract has been replaced on May 25, 2021 Beijing time)

Introduction to Summit AscendEX
Summit AscendEX (formerly BitMax) was established in 2018. It is built by a senior quantitative team of Wall Street traditional finance. It is oriented to users in 200+ countries and regions around the world and supports 190+ popular high-quality assets trade. The platform has always been adhering to the core values ​​of "efficiency, transparency, and stability" and the business philosophy of "leading the industry with product innovation".

Acme AscendEX continues to innovate, selects high-quality DeFi projects for auction and debuts, and repeatedly hits new highs in secondary market returns; the industry's first full-margin leverage, which can trade 50+ popular currencies; contract transactions support DeFi, Polkadot, Solona, ​​Polygon and other popular concept coins; expand the coverage of innovative products, extending to DeFi mining and lending products. At present, an ecological closed loop of "spot, leverage, contract, staking, and DeFi mining" has been formed. According to the third-party data of the platform, the return on investment (ROI) of the platform ranks among the top three global digital currency trading platforms.

AscendEX insists on compliant operation and strict risk control. Cooperating with the efficient matching system and hot and cold separation wallet built by the industry's top technical team, as well as the depth and liquidity provided by well-known market maker institutions, AscendEX is confident in providing more valuable services to users around the world.

ASD(BTMX) Release Information
AscendEX platform currency ASD(BTMX) replaced the smart contract for the first time on October 23, 2019. After the smart contract was replaced, ASD(BTMX) The total number of coins issued has decreased from 10 billion to 787,683,613. And 50% of the daily ASD (BTMX) consumption amount will be automatically converted to ASDS (formerly BTMXS) for permanent lock-up, that is, the total amount displayed by the ASD (BTMX) contract address will continue to decrease.

On May 25, 2021, the peak AscendEX platform currency BTMX was officially upgraded to ASD, and the ASD (BTMX) (second smart contract replacement) and ASDS (BTMXS) smart contracts have been replaced.

*The latest contract address of AscendEX Souvenir Token (ASDS)
https://etherscan.io/token/0x41be2f5463d8790316e98577cfee823607673bb6
(The latest ASDS smart contract has been replaced on May 25, 2021 Beijing time)