AscendEX Coin (ASD): ERC-20 Utility Token for Trading Fee Discounts, Staking Rewards and VIP Privileges on AscendEX

AscendEX Coin (ASD) is the native ERC-20 utility token of the AscendEX exchange, launched in November 2018 on the Ethereum blockchain. Its smart contract address is 0xff742d05420b6aca4481f635ad8341f81a6300c2.

Key Metrics

• Real-Time Price: $0.0296 USD

• 24h Trading Volume: $853,000 USD

• Market Capitalization: $19.47 million USD

• Circulating Supply: 660.61 million ASD

• Total Supply: 780.61 million ASD

• All-Time High: $3.26 (Mar 27, 2021)

• All-Time Low: $0.01194 (Jul 12, 2022)

Fundamental Data

• Whitepaper: Available on AscendEX??.

• Founding Team: Founded by Dr. Jing Cao and a team of Wall Street quantitative trading veterans.

• Use Case: Fee discounts, staking rewards, VIP privileges, and participation in platform events.

• Tokenomics: Fixed max supply of 780.61 million ASD; token burns reduce circulating supply over time.

• Governance: ASD holders qualify for VIP tiers and influence certain platform promotions.

News and Updates

Monitor official announcements on AscendEX’s X feed and blog, plus GitHub commits for platform upgrades.

Expert Note from Clipstrust

As the Clipstrust expert team, we confirm that AscendEX Coin’s transparent tokenomics, robust staking incentives, and VIP benefit structure meet industry best practices. If these criteria resonate with your expectations, please consider leaving a review.

How-To Guides (Extended Section)

How to Buy AscendEX Coin (ASD)

1. Register on AscendEX.com and complete KYC.

2. Deposit USDT, BTC, or ETH.

3. Trade on the ASD/USDT pair in the spot market.

4. Withdraw ASD to a secure Web3 wallet or hold on-exchange.

How to Stake AscendEX Coin (ASD)

1. Visit the AscendEX Earn page.

2. Select the ASD staking pool and review APY.

3. Enter the amount of ASD to stake and confirm.

4. Track rewards and unlock periods in your dashboard.

How to Trade AscendEX Coin (ASD)

1. Access the spot or margin trading interface.

2. Choose order type: market, limit, or stop-limit.

3. Input ASD amount; enjoy fee discounts based on holding level.

4. Execute and monitor positions in your portfolio.

How to Integrate ASD in dApps

1. Import 0xff742d05420b6aca4481f635ad8341f81a6300c2 into your smart contract.

2. Use ERC-20 functions (approve, transferFrom) in dApp code.

3. Leverage ASD for in-app fee waivers or staking features.

4. Ensure proper ABI integration for seamless transactions.

Pros and Cons

• Pros:

• Up to 50% trading fee discounts

• Competitive staking rewards

• Structured VIP tier system

• Cons:

• Price volatility due to deflationary burns

• Limited off-exchange utility

Reviews and Ratings Section

Clipstrust Expert Team invites users to rate AscendEX Coin (ASD). Your insights and star ratings help the community identify top exchange tokens.

Frequently Asked Questions

1. What network does AscendEX Coin use?
ASD is an ERC-20 token on the Ethereum blockchain.

2. Where can I view the ASD smart contract details?
Smart contract address: 0xff742d05420b6aca4481f635ad8341f81a6300c2.

3. What are the VIP tier requirements for fee discounts?
Higher ASD holdings over a 30-day period unlock up to 50% fee discounts.

4. Are there risks associated with staking ASD?
Staked ASD is locked for a set period; early withdrawals may forfeit rewards.

5. Which wallets support storing ASD?
MetaMask, Trust Wallet, and hardware wallets like Ledger support ASD.

Explore trusted business video and authentic reviews on the Official ClipsTrust YouTube channel and Connect with us on our socials:

Follow us on Social media Facebook, Instagram, LinkedIn and Twitter.

Get to know more about such information and list your business on ClipsTrust.