Hitchcock Posted January 25, 2023 Posted January 25, 2023 Ascendex Token (ASD) is a digital asset that is native to the Ascendex exchange. It is used as a utility token that gives users access to a variety of benefits and features on the Ascendex platform. The Ascendex exchange is a digital asset trading platform that provides spot and margin trading services for a variety of cryptocurrencies. The exchange was founded in 2019 and is based in Seychelles. Holders of the Ascendex Token (ASD) are able to enjoy a variety of benefits on the Ascendex platform, such as reduced trading fees, increased withdrawal limits, and access to exclusive trading pairs. Additionally, they can participate in the exchange's token buyback and burn program, which uses part of the exchange's revenue to repurchase and retire ASD tokens, potentially increasing the value of remaining tokens. ASD is also used as a governance token, allowing holders to vote on proposals and take part in the decision-making process of the Ascendex platform. More about Ascendex Quote
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