Learn how to integrate the Ascendex API alternative – Vezgo.
Ascendex is a centralized exchange (CEX) for cryptocurrencies where traders can buy, sell, or trade their digital currencies. The Ascendex API is the exchange’s effort to allow users to access some of their services from third-party applications. For instance, users can, through the API, retrieve data about their crypto holdings, make trades, and generally manage their accounts, from off the platform.
While all of these are great, the Ascendex API, alongside most centralized exchanges, has some limitations.
In this piece, we’ll take a good look at the strengths of the Ascendex API, its limitations, and how the Vezgo API complements these limitations.
Key Features of the Ascendex API
Before we delve into the features of the Ascendex API, note that some of these features are subject to alteration and upgrades, so we advise you to consult the documentation from the Ascendex PRO API for the latest information on features available.
1. Robust Trading Capabilities
Think of a platform where you can execute trades with just a few clicks, managing your assets effortlessly. Ascendex’s API allows developers to integrate these capabilities into their applications, creating a smooth and intuitive trading experience for users.
The API comes fortified with advanced security features, employing encryption protocols and two-factor authentications to enable developers to create a fortress around users’ accounts. The use of secure HTTP (HTTPS) for communication encryption, and the implementation of standard security practices stands as a beacon of security in the crypto landscape.
3. RESTful Architecture
Ascendex also uses the Representational State Transfer (REST) architecture, enabling developers to access private data via RESTful APIs after including the x-auth-key, x-auth-timestamp, and x-auth-signature headers.
4. Real-Time Market Data
Ascendex API allows developers to provide traders with access to up-to-the-second market data, ensuring that users are always in the know about price movements, trends, and liquidity. This enables users to make decisions based on the latest information, adjusting their courses in real-time.
Why Integrate with Vezgo instead of Ascendex API?
While the Ascendex API offers a robust set of features, integrating with Vezgo introduces a new dimension to your crypto endeavors. APIs of CEX exchanges like Ascendex frequently make changes to their API endpoints, improve versions, and upgrade protocols, keeping developers on their proactive toes as they religiously monitor what the exchanges are doing with their APIs.
With the Vezgo crypto API, however, developers can relieve themselves of this religious duty and let Vezgo take it over. It gets even better with Vezgo because all the developer needs is just one API key from Vezgo that gives them access to the Ascendex exchange and every other crypto exchange, wallet, and blockchain in the space.
Vezgo: The Crypto API
Vezgo provides a platform that unifies the crypto space. With one API, we give developers access to important data from over 35 CEXs, 31 blockchains, and even more wallets. They can pretty much track every single penny in crypto assets that moves from users’ accounts. And the use cases of this is immense. Think portfolio tracking, tax and accounting software, digital banking, crypto-insurance, and so much more!
Not only do we keep the windows open for developers to glimpse the info they need, but we also make sure to keep unwanted eyes away through our high-grade security system. Talk about an AES-256 encryption for all the data we integrate and the latest TLS 1.2 encryption protocol that protects data in transit.
Vezgo’s Ascendex API Integration
In addition to the product side of things, Vezgo also offers more on the business side. For instance, Vezgo (because it is our business) has round-the-clock support for your API needs. Exchanges, on the other hand, understandably have so many things to deal with. So you might not get the best API customer support from them if/when you need it.
To get a full scope of what Vezgo’s Ascendex API integration can do, visit the list of integrations and click on Ascendex.
Note, though, that the Vezgo API is read-only. So you can’t manipulate data with it. For instance, you can trade or make transactions using it. You can, however, see account holdings across all Ascendex accounts, view transaction history, and even see trading history.
Founded in 2018, Ascendex has rapidly become a prominent player in the cryptocurrency exchange sphere. Headquartered in Singapore, Ascendex operates as a global digital asset trading platform, serving users across the world with a focus on delivering innovative solutions for the crypto community.
The platform’s journey began with the name BitMax, establishing itself as a reliable exchange with a range of trading services. As the crypto landscape evolved, Bitmax underwent a strategic rebranding in 2020, adopting the name Ascendex to better reflect its mission to ascend to new heights in the industry.
Ascendex stands out for its commitment to providing a secure and efficient trading environment. The exchange offers a diverse range of trading pairs, including spot and futures trading, catering to both retail and institutional traders. With features like real-time market data, customizable trading strategies, and a global presence, Ascendex continues to position itself as a remarkable platform in the industry.