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How to buy Bitcoin(BTC) on AscendEX (BitMax)

Updated on: 2024-12-22 06:00:10(UTC+0)
In this tutorial we will talk about:
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How to buy Bitcoin(BTC)
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How to redeem USDT with a credit card and then exchange it into Bitcoin(BTC)
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How to purchase USDT with a savings card and exchange it for Bitcoin(BTC)
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Use the quick way to purchase USDT and exchange it for Bitcoin(BTC)
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What can you do with Bitcoin
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Market stats to help you decide if it is a good time to buy Bitcoin
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How to Safely Store Your Bitcoin

How to buy Bitcoin(BTC)

How to buy cryptocurrency on an exchange

Investing in Bitcoin(BTC)has never been easier! Registering on an exchange, verifying your account, and paying via bank transfer, debit or credit card, paired with a secure cryptocurrency wallet, are the most widely accepted methods of acquiring cryptocurrencies. Here’s a how-to guide on how to buy cryptocurrency on an exchange.

Step 1: Register on Ascendex (click the link to register)

You can register by email or phone number, then set a password and complete the verification to pass the registration.


Step 2: Identity Verification—Submit KYC information to verify your identity

Please verify your identity to ensure full compliance and enhance your experience with complete identity verification. You can go to the identity verification page, fill in your country, upload your ID, and submit your selfie. You will receive a notification and once your ID has been successfully verified, you can start transactions by binding your bank card or credit card.

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How to redeem USDT with a credit card and then exchange it into Bitcoin(BTC)

Step1:Click TRADE and select Quick Purchase

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Step2:Select your country and the currency you want to trade

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Step3:Select Add Payment Method in the lower right corner and select the credit card applicable to you to fill in the information and bind it, such as Visa, etc.

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Step 4: After completing the transaction, your amount will be converted into USDT (USDT is a US dollar stable currency, calibrated 1:1 with the US dollar) and stored in the account. That is, click on transaction, search for Bitcoin (BTC), and purchase it. Token.



How to purchase USDT with a savings card and exchange it for Bitcoin(BTC)

Step1:Click TRADE and select Quick Purchase

3

Step2:Select your country and the currency you want to trade

4

Step3:Select Add payment method in the lower right corner, select the debit card applicable to you to fill in the information and bind it

5

Step 4: After completing the transaction, your amount will be converted into USDT (USDT is a US dollar stable currency, calibrated 1:1 with the US dollar) and stored in the account. That is, click on transaction, search for Bitcoin (BTC), and purchase it. Token.


Use the quick way to purchase USDT and exchange it for Bitcoin(BTC)

Step1.Click TRADE and select Quick Purchase

3

Step2.Enter the amount of Bitcoin(BTC)you want

5

Step 3: After completing the transaction, your amount will be converted into USDT (USDT is a US dollar stable currency, calibrated 1:1 with the US dollar) and stored in the account. That is, click on transaction, search for Bitcoin (BTC), and purchase it. Token.





About AscendEX (BitMax)

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AscendEX (BitMax)

What Is AscendEX (BitMax)?

AscendEX (formerly BitMax) is a global digital asset financial platform founded by a group of Wall Street quantitative trading veterans in 2018, building on core value of “Efficiency, Resilience and Transparency.” The global cryptocurrency exchange platform serves both retail and institutional clients in more than 200 regions. A rebranding effort was set in motion on March 22, 2021, as part of an initiative to become the leading financial platform for cryptocurrencies, combining the strengths of a centralized trading platform with DeFi.

Driven by its continuous product development and early-mover advantage in strategic alignment with the DeFi ecosystem, AscendEX offers trading services across over 200 trading pairs across cash, margin, and futures products, in particular margin trading of over 50 tokens in cross-asset collateral mode and futures trading in both cross-asset and isolated margin modes.

On December 11, 2021, malicious actors managed to access the exchange’s hot wallets, reportedly stealing $77.7 million across three chains – Ethereum, Binance Smart Chain, and Polygon.

Who Are the Founders of Ascendex?

AscendEX was founded by Dr. Jing Cao. He has garnered experience working as the Chief Investment Officer at Delpha Capital Management LLC, Chief Executive Officer for HD Consulting Services Group, Inc., and Portfolio Manager at Knight Capital Group, Inc. Jing Cao received an undergraduate degree from the University of Science & Technology of China and a doctorate from The University of Chicago.

When Did AscendEX Launch?

The company launched under the "BitMax" name in August 2018.

Where Is AscendEX Located?

The company is headquartered in Singapore.

AscendEX Restricted Countries

According to the company’s terms of service, its services are not offered to residents of Singapore, China (Mainland), the US, and “five US permanently inhabited territories - Puerto Rico, the U.S. Virgin Islands, Guam and the Northern Mariana Islands in the North Pacific Ocean, and American Samoa in the South Pacific Ocean.” Furthermore, the services are restricted for citizens and residents of regions where crypto trading is banned.

What Coins Are Supported on Ascendex?

Over 250 digital assets are listed on the exchange. Customers can trade on more than 320 pairs.

How Much Are Ascendex Fees?

There are 9 VIP levels determined by the 30-day trade volume and 30-day average ASD holdings of a user. The transaction fees are based on the user’s VIP level. For large market cap assets, the fees are 0-0.1% for makers and 0.02-0.1% for takers. The maker fees are 0-0.2%, while the taker fees make up 0.02-0.2% for other altcoins.

Is It Possible To Use Leverage or Margin Trading on Ascendex?

AscendEX allows margin trading, with leverage of up to 3X, 5X, 10X and 25X.

How to buy Bitcoin in other countries?

Anywhere AscendEX (BitMax) exchange is available, you may easily purchase Bitcoin (BTC) with the lowest costs and maximum security. To begin purchasing Bitcoin in the country of your choice, enter your country's name in the search box below:

What can you do with Bitcoin

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Store/Hold Bitcoin
Many users hold on to their Bitcoin with the expectation of it increasing in value. You can store your BTC safely on your AscendEX (BitMax) account or on our crypto wallet app Wallet, the most user-friendly and secure mobile wallet.
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Trade Bitcoin
You can trade Bitcoin for 150+ cryptocurrencies on AscendEX (BitMax) exchange's industry-leading, fast, and secure trading platform. AscendEX (BitMax) offers many trading pairs for Bitcoin trading to meet your needs.
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Send Bitcoin
Yes, AscendEX (BitMax) allows you to easily transfer value around the world, fast. You can buy Bitcoin online and send to anyone and anywhere with their Bitcoin address.
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Spend Bitcoin
You can also buy goods and services with your Bitcoin. More and more vendors and retailers accept Bitcoin every day.
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Donate Bitcoin
AscendEX (BitMax) accepts Bitcoin donations from institutions to support global projects aimed at improving the lives of the underprivileged billion. You can donate Bitcoin to ensure that no one misses out on the growth brought by blockchain.
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Learn More About Bitcoin
You can read more in-depth articles on Bitcoin from AscendEX (BitMax) Research and study how cryptocurrencies like Bitcoin work on AscendEX (BitMax) Academy.

Market stats to help you decide if it is a good time to buy Bitcoin

Perhaps all you need to know is more about it. Allow us to take you through some of the most fascinating Bitcoin Facts from AscendEX (BitMax) Academy articles in a quick manner. Find out now why people purchase Bitcoin!

Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.”Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use.Bitcoin’s original inventor is known under a pseudonym, Satoshi Nakamoto. As of 2021, the true identity of the person — or organization — that is behind the alias remains unknown.On October 31, 2008, Nakamoto published Bitcoin’s whitepaper, which described in detail how a peer-to-peer, online currency could be implemented. They proposed to use a decentralized ledger of transactions packaged in batches (called “blocks”) and secured by cryptographic algorithms — the whole system would later be dubbed “blockchain.”Just two months later, on January 3, 2009, Nakamoto mined the first block on the Bitcoin network, known as the genesis block, thus launching the world’s first cryptocurrency. Bitcoin price was $0 when first introduced, and most Bitcoins were obtained via mining, which only required moderately powerful devices (e.g. PCs) and mining software. The first known Bitcoin commercial transaction occurred on May 22, 2010, when programmer Laszlo Hanyecz traded 10,000 Bitcoins for two pizzas. At Bitcoin price today in mid-September 2021, those pizzas would be worth an astonishing $478 million. This event is now known as “Bitcoin Pizza Day.” In July 2010, Bitcoin first started trading, with the Bitcoin price ranging from $0.0008 to $0.08 at that time.However, while Nakamoto was the original inventor of Bitcoin, as well as the author of its very first implementation, he handed the network alert key and control of the code repository to Gavin Andresen, who later became lead developer at the Bitcoin Foundation. Over the years a large number of people have contributed to improving the cryptocurrency’s software by patching vulnerabilities and adding new features.Bitcoin’s source code repository on GitHub lists more than 750 contributors, with some of the key ones being Wladimir J. van der Laan, Marco Falke, Pieter Wuille, Gavin Andresen, Jonas Schnelli and others.

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How to Safely Store Your Bitcoin?

The AscendEX (BitMax) wallet offers the most reliable and industry-leading security for risk management, where Bitcoin can be safely kept. To begin holding a Bitcoin wallet, register on AscendEX (BitMax) exchange.

FAQ

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How do I purchase Bitcoin?
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Nowadays, you can purchase & store Bitcoin hassle free on exchange. You can use your credit card, bank transfer or perform peer-to-peer trade to buy Bitcoin. You can easily do it on your computer, tablet or iOS or Andriod phone.
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Can I buy $1 worth of Bitcoin?
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Typically, you can purchase $1 worth of Bitcoin, but it depends on the exchange and the cryptocurrency you choose. Some exchanges allow minimum amount transactions, while others may have restrictions on the minimum transaction amount. It is advisable to check the trading rules and minimum transaction amounts when selecting an exchange and cryptocurrency.
Q
Where can I still buy Bitcoin?
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You can still buy Bitcoin on various cryptocurrency exchanges. Some popular exchanges where you may find Bitcoin include OKX, Binance, Coinbase, Kraken, and Huobi. Be sure to check the availability of Bitcoin on these platforms and consider factors such as trading pairs, fees, and security features before making a purchase.
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Where is the best place to buy Bitcoin?
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The best place to buy Bitcoin depends on factors such as your location, preferred payment method, and trading preferences. Some popular options for buying Bitcoin include reputable cryptocurrency exchanges like Binance, Coinbase, Kraken, and Huobi. It's recommended to compare features such as fees, supported trading pairs, security measures, and user interface to determine which platform aligns best with your needs. Additionally, you may consider peer-to-peer trading platforms or decentralized exchanges for alternative options.
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Can I view the Bitcoin chart now?
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Of course, CoinMapAi not only provides information on how to buy Bitcoin, but also supports viewing Bitcoin chart. Click on the link next to it to view the actual rise and fall data.

Market risk applies to any cryptocurrency investment activity, including using AscendEX (BitMax) exchange to purchase Bitcoin online. While we make every attempt to thoroughly inform our users about every cryptocurrency we offer on the exchange, AscendEX (BitMax) exchange does not take responsibility for any outcomes that may emerge from your purchase of Bitcoin. Nevertheless, we do offer simple and convenient ways for you to buy Bitcoin quickly. The content on this website is not intended to be construed as endorsing any specific cryptocurrency or way to obtain it.

CoinMapAi is your gateway to the Web 3 world, serving as a guide to help you quickly familiarize yourself with and enter the world of cryptocurrency.

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