AscendEX Supported Countries | Where Are They Legal?
Mike Harry
May 2024
4 min read
Fact checked
In this article, we will provide an overview of the countries that are supported by AscendEX, as well as those that are prohibited from accessing the platform. Understanding these country restrictions is important for users who are looking to potentially signup and begin trading on AscendEX!
eToro USA LLC: Investments are subject to market risk. Including the possible loss of principal. Don’t invest unless you’re prepared to lose all the money you invest.
AscendEX Supported Countries
AscendEX, formerly known as BitMax, is a global cryptocurrency exchange that offers its services worldwide.
AscendEX operates in numerous countries which at the time of writing includes over 190 countries.
Some of the countries where AscendEX is available include the Poland, Germany, France, Australia, Japan, Singapore, South Korea, and Hong Kong. These are only a few examples and the exchange covers many more regions.
AscendEX Restricted & Banned countries
At the time of writing, AscendEX is not available in the United States, United Kingdom, Singapore, Canada and China.
OFAC countries are also not supposed and individuals from these countries won't be able to signup.
If you are from any other country besides these, you are welcome to signup!
Is AscendEX licensed & regulated?
AscendEX is registered in Seychelles and is not regulated by any financial authorities in any country
While AscendEX is based out of Singapore, it's services are not currently available to residents of Singapore.
Is AscendEX available in the US?
AscendEX, formerly known as BitMax, is not available in the United States as it is not licensed by FinCEN.
For the exchange to be able to operate in the US, it must operate in accordance with the guidelines set forth by the Financial Crimes Enforcement Network (FinCEN) and complies with the Bank Secrecy Act (BSA) regulations.
Can I use AscendEX in UK & Canada?
At the time of writing, AscendEX is not accessible to residents of the United Kingdom nor Canada.
We recommend users from these countries to signup to regulated UK & CA regulated exchange, eToro.
eToro USA LLC: Investments are subject to market risk. Including the possible loss of principal. Don’t invest unless you’re prepared to lose all the money you invest.