Press release. Ascend EXThe global cryptocurrency financial platform with a comprehensive product suite is pleased to launch the Hummingbot rebate event to reward users who use the Hummingbot liquidity mining portal to trade on AscendEX. The event will start on July 9, 2021 and will last for 60 days.

During the event, new and existing Hummingbird When using Hummingbot, users on AscendEX will be able to take advantage of the preferential VIP fee structure that can be used by traders of any trading volume level. This event aims to provide 0 bps Maker and 5 bps Taker fees for all Hummingbot users on AscendEX. As part of the campaign, users who maintain a high enough transaction volume will continue to receive the VIP fee level after the campaign ends. For new users, the rebate rate will take effect 48 hours after the user registers with Hummingbot’s affiliate link. For existing users, the discount rate will take effect 48 hours after the start of the event.

Shane Molidor, Head of Global Business Development at AscendEX, said: “We are very happy to work more closely with our professional traders and market makers by providing zero-fee transactions to all Hummingbot users! We understand their business model very well and are happy to be able to Promote their success,” Molidor continued, “We believe this will support the inclusiveness of all participants-anyone willing to learn about Hummingbot can participate in the program, regardless of their current trading footprint. In the past, this was only for a few. Several institutions are open.”

Michael Feng, CEO of Hummingbot, said: “Since Ascendex is one of the top exchanges that our token issuers need liquidity and our users want to trade, we are very happy to work with them. Together we can contribute to the world’s Everyone provides opportunities for professional algorithmic trading and market making in top venues.”

Hummingbot provides an open source market-making infrastructure and a unique open market in which individuals can receive trading rewards. The team was founded in 2019 by Carlo Las Marias, Martin Kou, Michael Feng, and Yvonne Zhang to promote an open, fair and inclusive global financial system by providing users with tools and education. Hummingbot’s unique “market making 101” Academy Almost anyone can learn to trade like a professional. AscendEX will be the third exchange to support Hummingbot liquidity mining on its platform.

In order to achieve the greatest return on investment, AscendEX users should participate during the duration of this rebate event.

About AscendEX

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AscendEX is a global cryptocurrency financial platform with a comprehensive product suite, including point, profit, Futures trading, wallet services, and Stake out Supports more than 150 blockchain projects, such as Bitcoin, Ethereum and Ripple. Launched in 2018, AscendEX provides services to more than 1 million retail and institutional customers worldwide through a highly liquid trading platform and secure custody solutions.

By supporting some of the industry’s most innovative projects from the DeFi ecosystem, such as Thorchain, xDai Stake and Serum, AscendEX has become the leading platform for ROI’s “initial exchange products”. AscendEX users can get exclusive access to token airdrops and the ability to purchase tokens as early as possible.

To learn more about how AscendEX leverages the best practices of Wall Street and the cryptocurrency ecosystem to bring the best altcoins to its users, please visit

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About Hummingbot

Hummingbot is an open source encrypted trading robot platform that can realize decentralized market making. Founded in 2019 by Carlo Las Marias, Martin Kou, Michael Feng and Yvonne Zhang, it is headquartered in Mountain View, California. Hummingbot is a community-driven open source project that aims to democratize algorithmic trading by providing complex high-frequency trading strategies to everyone in the world for free.

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This is a press release. Readers should conduct their own due diligence before taking any action related to the advertised company or any of its affiliates or services. is not responsible, directly or indirectly, for any damage or loss caused or claimed to be caused by the use or reliance on any content, goods or services mentioned in the press release.

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