Are you looking for a reliable way to earn extra income? If so, you may have heard of the Ascendex Affiliate Program. It's one of the most popular affiliate programs on the market today, and it offers an opportunity for anyone to make money by promoting products from some of the world’s leading brands.
In this AscendEX affiliate program review, we'll take a closer look at what makes this program special: its pros and cons, commission structure, payment methods, and requirements. We'll also provide our honest opinion on whether or not it's worth signing up for. So if you're curious about what Ascendex has to offer and want to find out if it could be right for your needs, read on!
Ascendex Affiliate Program Review
Ascendex Affiliate Program is an innovative initiative offered by Ascendex, which is one of the leading cryptocurrency exchanges worldwide. This program is designed specifically to cater to affiliate marketers, influencers, or anyone who wants to earn a commission by introducing new users to the platform.
The program helps individuals earn a commission of up to 45% on trading fees levied on their direct referrals. Moreover, the commission is not just limited to the referrals but also to their referrals' referrals up to two levels, making it a multi-level marketing program.
Ascendex Affiliate Program offers attractive features and benefits, such as a transparent tracking and reporting system, high affiliate commissions, personalized marketing resources, and timely payouts. The program has no upper limit on the number of referrals, and anyone can participate in it without any investment or technical expertise. Another noteworthy aspect of this affiliate program is that it allows affiliates to earn passive income without engaging in any trading activities themselves.
Is It Good Or Bad?
Ascendex is a cryptocurrency exchange platform that offers an affiliate program for its users. This program allows users to earn commission by referring new users to the platform. There are many pros and cons to the Ascendex Affiliate Program, which we will discuss in detail below.
One of the key benefits of the Ascendex Affiliate Program is that it offers a high commission rate. Users can earn up to 30% commission on trading fees generated by their referrals. Additionally, Ascendex offers a tiered system, which means that users who refer more users can earn even higher commissions. This can be a great way to earn passive income for those who are able to refer a large number of users to the platform.
Another advantage of the Ascendex Affiliate Program is that it provides users with access to a wide range of promotional materials. These materials include banners, landing pages, and other marketing tools that users can use to promote the platform to their audience. This can help users to reach a wider audience and increase their referral rate.
On the other hand, there are some drawbacks to the Ascendex Affiliate Program that users should be aware of. For example, the program only pays commission on trading fees generated by referrals for the first 90 days after the referral signs up. This means that users may need to constantly refer new users to the platform in order to earn a consistent income.
Another potential drawback is that the program is only available to users who have completed the KYC (Know Your Customer) process on the platform. This process can be time-consuming and may require users to provide a significant amount of personal information, which could be a concern for some users.
Commission
Commission is a key aspect of Ascendex Affiliate program that rewards affiliates for their marketing efforts. The Ascendex Affiliate program offers a highly competitive commission structure, with affiliates earning up to 40% in commission for referred transactions. Moreover, the program offers a two-tier commission structure, where affiliates can earn a percentage of the commission earned by the affiliates they refer.
The commission structure is dynamic and varies based on the type of transaction, trading volume, and geographical location of the referred users. Affiliates are encouraged to refer high-quality traders who trade regularly on Ascendex to maximize their commission earnings.
With reliable tracking, reporting, and payment systems, Ascendex Affiliate program ensures that affiliates are paid their commission promptly and transparently. The program is designed to attract and reward affiliates for their marketing efforts, as well as foster a long-term mutually beneficial relationship between Ascendex and its affiliates.
Payment
Ascendex offers an Affiliate Program for those looking to get paid for their efforts. With this program, you can receive rewards simply by referring customers and earning commissions on their purchases!
Ascendex Affiliate Program is a great way to get started with earning money online. With it, you can easily make payments quickly and securely for the services or products that you need!
Requirements
Ascendex Affiliate Program Review Requirements
Ascendex, a digital asset trading platform, offers an excellent affiliate program for those interested in promoting their services. However, to take advantage of the program, certain requirements must be met. The program is designed for individuals or companies interested in promoting the exchange’s services and rewarding them for their efforts. To be eligible for the program, candidates must meet several requirements.
First, to sign up as an affiliate, you must have an account with the platform. This means that you must be a registered user before accessing the affiliate program. Secondly, to be considered an affiliate, you must create a referral link, which is unique to your account, and use this link to promote the platform.
As an affiliate, you will be given access to all the marketing materials to aid in your promotion efforts. Furthermore, to receive any payouts via the program, you must have a valid cryptocurrency wallet address.
The Ascendex affiliate program is structured around a tiered model. Therefore, how much money you make per referral will depend on the number of users that sign up through your referral link. The minimum requirement is two, and the maximum is 1000. The more users you refer, the higher the payout percentage will be.
The first tier, for instance, pays 20% of the trading fees generated by your referred users, while the highest tier pays up to 45%. Besides this, referrals must also maintain a trading volume of at least $10,000 for you to qualify for the program's payouts. In summary, to take advantage of the Ascendex affiliate program, you need to have an account, create a referral link, and promote the platform to new users.
Factors To Consider When Choosing Ascendex Affiliate Program Review
When choosing an affiliate program review for Ascendex, there are several factors that you should take into consideration.
Reliability
One of the most important factors is the reliability of the platform itself. Ascendex is a well-respected trading platform, and their affiliate program should reflect the high quality of their service.
Commission structure
Another important factor is the commission structure. You will want to choose a program that offers competitive commissions, and that provides you with clear and transparent reporting on your earnings. Ascendex offers a generous commission structure, with payouts ranging from 20% to 40% depending on the products that you promote.
Resources
It is also important to consider the resources that are available to you as an affiliate. Ascendex provides affiliates with a range of marketing materials, including banners, emails, and social media posts, to help you promote their platform effectively. They also offer dedicated affiliate support, so you can get the help you need when you need it.
Reputation
Finally, you should consider the reputation of the affiliate program itself. Ascendex has an excellent reputation in the industry, and their affiliate program is no exception. They have a track record of providing high-quality service to their affiliates, and they are committed to helping their partners succeed.
In conclusion, if you are looking for an affiliate program review for Ascendex, you should consider the reliability of the platform, the commission structure, the resources that are available to you, and the reputation of the program itself. With these factors in mind, you can make an informed decision and start promoting this excellent platform to your audience.
FAQs about Ascendex Affiliate Program Review
Is AscendEX reliable?
Yes, AscendEX is a reliable platform that has been providing excellent services to customers since 2018. It is an exchange platform with licensed security infrastructure and top-notch customer support. The platform features transparent fee structures, daily free trading competitions and low transaction fees. The team behind the project has extensive experience in technology, finance and legal compliance making it a secure choice for traders worldwide.
How does AscendEX work?
AscendEX is a crypto digital asset exchange platform that enables users to securely and conveniently buy, sell and trade digital assets such as Bitcoin, Ethereum and many more. It also offers a range of security features such as two-factor authentication (2FA) and cold/hot wallet storage.
The platform also provides a user-friendly interface, 24/7 customer support, trading competitions with rewards up to $20K in prizes monthly, free listing opportunities for all tokens on its DEX portal, no liquidity lockup or holding periods for listings and low fees for transactions.
Who is AscendEX?
AscendEX is a digital asset exchange platform that enables users to securely trade cryptocurrencies. It provides access to core trading features such as spot and margin trading, adjustable leverage, and futures contracts. The platform also offers cryptocurrency staking services and a range of educational resources for users.
Where is AscendEX Exchange located?
AscendEX Exchange is located in the United States and has offices in New York City and Palo Alto.
How do you make money on AscendEX?
AscendEX, formerly known as BitMax, is a cryptocurrency exchange platform that offers several ways to make money. The platform currently supports over 200 cryptocurrencies and offers both spot and margin trading.
One way to make money on AscendEX is through trading. With spot trading, users can buy and sell cryptocurrencies at the current market price. With margin trading, users can borrow funds from the exchange to trade with leverage, allowing for potentially higher profits (but also higher risk). Additionally, AscendEX offers various trading competitions and incentivized programs with bonus rewards for users who execute high trading volumes.
Another way to earn money on AscendEX is through staking. Staking is the process of holding (or “locking up”) cryptocurrencies to support the network and earn rewards. AscendEX offers staking for several cryptocurrencies, including but not limited to Ethereum, Polkadot, and Cosmos. Users can receive staking rewards simply by holding these coins on the platform.
Furthermore, AscendEX offers an affiliate program where users can earn commission fees for referring new users to the platform. The commission fee is 30% of the referred user's transaction fee for the first three months after they register on the platform.
What are the fees on AscendEX?
AscendEX charges a trading fee of 0.1% for both maker and taker orders, plus any network fees associated with cryptocurrency deposits and withdrawals. There are also fees for margin trades, options contracts, and other services on the platform such as staking rewards. Fees may vary depending on the asset being traded.
How much can I withdraw from AscendEX?
AscendEX allows users to withdraw up to $2,000 per day or $10,000 per month with no extra fees. However, larger withdrawals will require additional verification and may be subject to withdrawal limits specific to the user's account.
Do you need KYC for AscendEx?
KYC, which stands for “know your customer,” is a process implemented by AscendEx, an established digital asset exchange platform, to verify the identity and data of its users. KYC ensures the safety and security of the platform by verifying each user's identity and preventing fraudulent activities.
The KYC procedure requires users to provide a government-issued photo ID, proof of address, and other necessary documentation to establish the credibility of their identity. Once the verification process is complete, the user gains complete access to the platform's features.
AscendEx users are required to undergo KYC to comply with government regulations and jurisdictions like the USA's FinCEN regulation. The KYC procedure ensures that AscendEx remains compliant with Anti-Money Laundering (AML) and Counter-Terrorist Financing regulations (CTF).
In summary, KYC is a crucial measure implemented by AscendEx to deter fraud, protect users' identities and data, and ensure regulatory compliance. Therefore, if you intend to trade cryptocurrencies or other assets on AscendEx, you must undertake the KYC process before gaining full access to the platform.
What is the old name of AscendEx?
The old name of AscendEx is BitMex. It was rebranded in November 2020.
How to invest in AscendEX?
AscendEX is a leading digital asset exchange that offers trading in over 140 cryptocurrencies and digital assets. You can start investing in AscendEX by signing up for an account, funding your wallet, and then placing market or limit orders to buy digital assets. Ensure you are aware of the risks involved with investing before committing any funds.
Why is withdrawal suspended on AscendEX?
Withdrawal is currently suspended on AscendEX, a cryptocurrency exchange. The temporary halt in withdrawals is due to the recently discovered security breach that impacted the platform's hot wallets. AscendEX has stated that their team has taken prompt action by conducting a thorough investigation of the incident to identify the root cause and potential impact of the theft.
The platform has put in place stringent security measures to prevent further unauthorized access to user funds, and is working with law enforcement agencies and blockchain analysis firms to trace and recover the stolen assets. AscendEX is committed to keep its users informed with timely updates, and has reassured them that all lost funds will be reimbursed.
Security breaches are not uncommon in the cryptocurrency industry, thus, caution must always be exercised when trading on any exchange. As such, it's always advisable to limit the amount of funds kept on exchanges, and store the majority of assets in secure hardware wallets that offer state-of-the-art security features to protect against hacking attempts.
On the bright side, AscendEX has an excellent reputation and is trusted by many in the crypto community. Thus, once the exchange resumes the withdrawal of funds, it will remain a solid choice for traders looking for a reliable, user-friendly platform to buy, sell, and exchange their digital assets.
Which countries is AscendEX banned?
According to AscendEX's official website, the cryptocurrency exchange is unable to provide its services to customers located in a number of countries due to various reasons such as regulatory restrictions, legal barriers, and sanctions.
Some of the banned countries include Afghanistan, Belarus, Burundi, Cambodia, Central African Republic, Democratic Republic of Congo, Cuba, Iran, Iraq, Lebanon, Libya, Mali, Nicaragua, North Korea, Somalia, Sudan, Syria, Ukraine (Crimea and Sevastopol), Venezuela, Yemen, and Zimbabwe.
Furthermore, AscendEX states that it is constantly monitoring the regulatory environment in different jurisdictions and may modify its list of prohibited countries from time to time. It advises potential customers to check its website regularly for updates and to comply with all applicable laws and regulations in their respective countries.
What is the oldest crypto platform?
Crypto platforms have become increasingly popular in recent years, with new ones popping up all the time. However, the oldest crypto platform still in operation today is Bitcoin, which was launched in 2009 by an unknown individual or group using the pseudonym Satoshi Nakamoto.
Bitcoin differs from traditional currencies in that it is decentralized and operates independently of central banks or governments. Instead, it relies on a network of computers around the world to keep track of transactions and maintain the integrity of the platform.
Is AscendEX allowed in US?
Yes, AscendEX is allowed in the US and currently operates a regulated trading platform for digital assets. They are registered as a Money Services Business (MSB) with FinCEN in the United States. In addition, they are also approved by regulators in other jurisdictions such as Singapore, Hong Kong, South Africa, and others.
Is AscendEX decentralized?
Yes, AscendEX is a decentralized exchange that enables peer-to-peer trading and offers secure and efficient access to digital assets.
What is limit order in AscendEX?
A limit order on AscendEX is an order to buy or sell a cryptocurrency at a specific price or better. Limit orders provide traders with more control over the prices at which their trades will be executed, allowing them to maximize profits and minimize losses. They also help traders avoid market volatility by executing only when certain conditions are met.
How do I transfer from Binance to AscendEX?
Transferring funds from Binance to AscendEX is straightforward and easy. First, log into your account on both exchanges and navigate to the “Deposit” section. Select the cryptocurrency you wish to transfer from Binance and enter the address provided by AscendEX in the “To Address” field. Then, enter the amount of cryptocurrency you wish to transfer and confirm. Once your funds are deposited, you can begin trading on AscendEX.
What is margin account in AscendEX?
Margin accounts in AscendEX are a type of trading account that allows users to borrow funds from the exchange in order to increase their trading power. This means that traders can use leverage to magnify potential profits, but also increases the risk of losses.
AscendEX offers margin trading for a variety of cryptocurrencies and fiat currencies, with different levels of leverage available depending on the currency pair. Users are required to hold a certain amount of the currency they are trading in their account as collateral, which serves as a guarantee for the borrowed funds.
One advantage of margin accounts in AscendEX is the ability to short sell, or bet against a currency's value. This can be useful for traders who believe a currency is overvalued and expect its price to decline.
However, it is important to note that margin trading can be risky and should only be attempted by experienced traders who understand the potential consequences. Extreme market volatility can cause sudden and significant losses, and users can be forced to liquidate their positions if their collateral falls below the required amount.
Overall, margin accounts in AscendEX can provide greater flexibility and trading power, but traders should approach them with caution and carefully manage their risk.
Conclusion
Overall, Ascendex is an excellent choice for anyone looking to start up their own affiliate program. With a variety of features and tools available, it makes the process simple and straightforward so you can focus on building your business without worrying about complicated technical details.
The abundance of resources provided by this platform will help ensure that your affiliates are successful in promoting your products or services. Best of all, there’s no cost to join the Ascendex Affiliate Program – making it one of the most affordable options out there! So if you're ready to take advantage of everything that Ascendex has to offer, sign up today and see what amazing results await you!