Press release

PRESS RELEASE. AscendEX, Earlier, BitMax, an industry leading digital asset trading platform developed by veterans of Wall Street quant trading, announced the listing of the Xend Token (XEND) under the pair USDT / XEND on April 2nd at 1:00 p.m. UTC.

Xend Finance is a DeFi cooperative and credit union platform that offers multiple levels of interest by optimizing and aggregating various DeFi credit protocols to provide high, stable currency returns and token rewards to the financially underserved people. The Xend Finance protocol is intended to decentralize the savings, loan, credit and investment operations of credit unions and collectives and to offer the members of these unions multi-tiered interest income.

Xend Finance is a unique project aimed at non-crypto-savvy and financially underserved users in different regions of the world. Xend Finance is part of the Xend ecosystem, which currently has over 55,000 users. The ecosystem consists of the Xend application for sending and receiving money online or offline and Geena, a business and analysis tool used by SMBs. The Xend token is used for rewards and governance. The mainnet is to be introduced on Binance Smart Chain in the second quarter of 2021.

Xend Finance is also creating an SDK that will reduce the complexity of the blockchain for developers and allow Web 2.0 and Web 3.0 applications to easily fit into DeFi protocols and integrate their existing users into the ecosystem. Xend intends to be a platform that other financial service providers can build on. This allows them to acquire users from existing platforms who want to give their users access to the value that DeFi offers, such as: B. higher APYs and access to revenue in stable currencies. With Xend Finance, anyone, whether individuals, credit unions, or credit unions, anywhere in the world can save, loan, and invest in various DeFi logs and earn interest instantly.

About AscendEX

Established in 2018 as BitMax.io, AscendEx is a leading financial platform for crypto and digital assets targeting both professional and retailers. Our venue offers Job, Futures, Margin trading and Staking out products and contains key elements from the DeFi area to promote a unique market structure for users. AscendEx is led by a team of Wall Street veterans who have applied the rigors of traditional markets to create a robust, safe, and reliable experience for all attendees. and a consistent source of liquidity for primary offers.

Further information and updates can be found at:

Website: https: //ascendex.com

Twitter: https://twitter.com/AscendEX_Global

Telegram: https://t.me/AscendEXEnglish

Medium: https://medium.com/ascendex

About Xend Finance

Xend Finance is a DeFi platform for cooperatives and credit unions that offers multiple levels of interest by optimizing and aggregating various DeFi credit protocols to provide high but stable currency returns and token rewards to the financially underserved life in unstable economies. The team consists of mathematicians, cryptographers, software developers and global marketing experts with over 30 years of experience in these disciplines. The team is headquartered in Africa, where they have had firsthand experience of the problems they are trying to solve.

Further information and updates can be found at:

Website: https://xend.finance/

Twitter: https://twitter.com/xendfinance

Telegram: https://t.me/xendFinance

Medium: https://medium.com/xendfinance

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