company
AscendEX
AscendEX is a cryptocurrency exchange, formerly known as BitMax, that was founded in 2018. It ceased platform activities effective July 1, 2026, and said it is winding down.
Key facts
- Founded
- 2018, originally as BitMaxsource
- Ceased platform activities
- Effective July 1, 2026source
- Withdrawals
- Automated withdrawals paused from July 6, 2026; every request now undergoes manual reviewsource
- Stated reason
- An agreed strategic transaction meant to provide liquidity; the company said the counterparty did not performsource
WYDE coverage of AscendEX
Sources
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