AscendEX's 6th Anniversary Celebration Comes to a Successful Conclusion: A Global Interaction Fest with a $1 Million Prize Pool

In October 2024, global cryptocurrency exchange AscendEX celebrated its impressive sixth anniversary. Since its founding in 2018, AscendEX has been dedicated to providing leading cryptocurrency services to users worldwide while continuously innovating within the industry. This anniversary celebration featured a series of interactive activities and generous rewards to thank users, reflecting on past achievements while looking forward to the future alongside long-time supporters.

Innovation and Growth: Six Years of Building a Global Cryptocurrency Trading Platform

As a cryptocurrency exchange trusted by users worldwide, AscendEX has rapidly established a solid user base and broad market recognition over the past six years through innovative trading services and strong technical support. Guided by its mission to serve global crypto asset users, AscendEX has launched a diverse product lineup, including spot trading, full-margin leverage, staking finance, and on-chain staking, all designed to meet the varied needs of users.

Since its launch in 2018, AscendEX has consistently achieved record trading volumes and user numbers. The platform has always been at the forefront of industry innovation—introducing the industry's first full-margin leverage model in 2019, providing users with a more flexible trading experience; launching staking finance products and DeFi mining in 2020 to help users earn returns while holding crypto assets. Additionally, AscendEX has received support from many well-known investment institutions in the industry, successfully completing multiple funding rounds to enhance its brand and products, solidifying its leading position in the market. As of 2024, AscendEX has served over ten million users, with over 800 trading pairs and a partner network extending to more than 150 countries and regions worldwide.

Generous Rewards: A $1 Million Prize Pool with Unprecedented Participation

During this anniversary celebration, AscendEX made a significant investment in user appreciation by launching a $1 million cash prize pool and a variety of exclusive interactive activities. From October 14 to October 28, the two-week celebration attracted approximately 35,000 global users. Activities included new user registration rewards, deposit and trading bonuses, contract parties, and the debut IEO event, all aimed at meeting the diverse needs of users and providing richer trading experiences and earning opportunities.

In the “Sixth Anniversary Contract Party” 351 participating users won substantial rewards, with the top winner receiving an impressive $6,500. The celebratory atmosphere of this event allowed users to deeply engage with contract trading products, learning and familiarizing themselves with the platform's leveraged contract models. The rewards provided reassurance, enabling crypto investors to fully enjoy the trading experience without concerns.

Furthermore, as a pioneer in the Memecoin trading sector, AscendEX has gained recognition and praise from many users by consistently providing the latest and hottest Memecoin trading pairs. During this celebration, AscendEX launched the “Meme Deposit Trading” incentive activity, reigniting excitement in the Memecoin trading sector and receiving enthusiastic support from both new and returning users. In this activity, existing users who participated in trading celebrated this significant moment together, sharing a mysterious $20,000 prize pool, while new users enjoyed exclusive benefits—new users who joined the celebration had a chance to receive cash rewards. Between October 14 and 28, over 3,000 returning users re-engaged with AscendEX, totaling 16,000 participants in this “MeMe Carnival” ! The active participation of users helped AscendEX achieve significant trading volume growth—on just the 16th, trading volume reached $22 billion, further expanding AscendEX's influence in the global Memecoin trading sector.

In addition to these exciting festivities, the activities such as “Share Your AS Moments” and “Submit Commemorative Videos Sharing Your Story with AscendEX” were the most cherished parts of the celebration. The connections and warmth between the platform and its users deeply reinforced our sense of mission to provide great products. Through these activities, we gathered precious moments and unique stories shared by users from around the world, showcasing the warmth and strength of our community. Users who have accompanied AscendEX on its journey shared their growth and experiences through photos and videos. As many users have expressed, AscendEX is not just a trading platform, but a family that supports one another. In this young and vibrant crypto space, the growth story of AscendEX is closely intertwined with the experiences of every user. It is as if the scattered lights from different corners of the world are being gathered at this moment, illuminating the path ahead. We believe that these precious memories and sincere sharing are the driving forces behind AscendEX's continuous progress.

 

Global Interaction: Online AMA Discusses the Future and Ignites User Passion

2024 is a special year for AscendEX. Founded during the crypto bull market of 2018, AscendEX has faced countless challenges and remains steadfast in the crypto market. It is also a unique year for the crypto market, marked by the turmoil of the global landscape impacting industry dynamics and the eager anticipation of an upcoming bull market. This October carries both excitement and apprehension.

To deepen connections and communication with users, AscendEX organized a special thematic AMA during the sixth anniversary celebration. Titled “Towards the Bull Market: Discussing the Evolution and Future of the Crypto Industry,” the event was held on Twitter Space. AscendEX founder George Cao, Amber Group CTO Tomas, Certik co-founder Prof. Gu, and Metaera founder Vito, among other industry veterans, gathered to review the development and changes in the crypto industry and share their perspectives on future trends. This AMA attracted considerable attention and participation from numerous users, garnering significant industry focus. Industry veterans shared their insights and experiences, providing users with valuable industry insights. The AMA recorded up to 2,600 listeners, and in this open atmosphere, AscendEX expressed gratitude to users for their presence and long-term support while sharing its dedication to product quality and its vision for the future of the crypto industry with community members and partners. This occasion brought everyone together to reflect on growth and envision the future.

On this day, the core team members at AscendEX’s New York office lit a birthday candle, symbolizing the hope and struggles of exploration and growth, celebrating the joy of AscendEX entering a new year and the beginning of a new journey.

Commitment to Innovation and Future Development

The six years of growth have endowed AscendEX with rich experience and a solid user base. Since its launch in 2018, AscendEX has always prioritized innovation and user experience, enhancing service levels with every milestone, from the industry-first full-margin leverage model to on-chain staking finance and the establishment of a global payment network, creating a more valuable investment experience for users.

Looking to the future, AscendEX’s unwavering commitment is to continue deepening technological research and product innovation in the fields of crypto trading and asset management, further expanding its global business footprint. In the next six years, AscendEX will leverage broader technology and resource support to provide users with a safe, convenient, and efficient trading experience, aiming for greater breakthroughs and leadership in the global crypto market.

The sixth anniversary celebration is not only a reflection on the past but also a new starting point. AscendEX will continue to uphold its original intention of serving users and promoting industry development, committed to building a more open, innovative, and reliable crypto financial platform, and moving forward into the future of the crypto industry together with global users.

 

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