ASD is a versatile cryptocurrency that serves as the native utility token for the AscendEX platform, formerly known as BitMax. Launched in 2018, ASD is designed to facilitate a wide array of financial transactions and activities on the exchange, enhancing user engagement and providing incentives for ecosystem participants. The token plays a crucial role in the platform by offering benefits such as discounted trading fees, access to premium services, and participation in exclusive investment opportunities. ASD is deeply integrated into AscendEX's DeFi offerings, solidifying its place within the growing decentralised finance landscape. Moreover, ASD holders can engage in staking for rewards, leveraging the platform’s custody solutions to maximize their earnings. With a commitment to security and transparency, AscendEX ensures that ASD remains a robust and essential component of its sustainable and innovative financial ecosystem.