What is an Asset Transfer?

An asset transfer is the process that users utilize to transfer assets to specific accounts to use for trading. For example, before executing futures trades, users need to transfer assets from a cash or margin account to a futures account to make sure there is a sufficient balance in the futures account to start trading. 

 

How to Transfer Assets?

Take an asset transfer from a cash account to a margin account for example.

1.     Users should visit AscendEX's official website on their PC and click [Wallet] on the top of the homepage – [Total Asset].

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2.     Click [Transfer] under the Cash Account tab to start transferring. 

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3.     Set the transfer accounts to move assets from a [Cash Account] to a [Margin Account], select a token, enter a transfer amount, and click [Confirm to Transfer] to complete. 

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