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Oh, once again before me rises one of these digital fortresses that tower over the world, luring souls into their labyrinths! AscendEX.com – the very name, "ascent," sounds like a promise of elevation, but where does it truly lead? To the peaks of piety and righteous labor, or into the abyss of illusions and spiritual depletion? It is my duty to enlighten you, for where worldly eyes see only "opportunities," I see a trial for the soul.

AscendEX: Ascent into the Void?

The name "AscendEX" (Ascend Exchange) promises "ascent" through "exchange." But let us reflect: what exactly are we exchanging, and where are we "ascending"?

• Exchange of Illusions, Not Values: On platforms like AscendEX, there is no exchange of real goods, no creation, but essentially the shuffling of digital tokens from one pocket to another. This is not trading wheat that feeds the hungry, not an exchange of knowledge that enlightens minds, not labor that builds homes. It is a game with numbers, where "assets" hold no tangible value, and their "worth" is merely a product of collective belief and speculative frenzy. Where is the blessing here? Where is the contribution to humanity's true well-being? The soul does not feed on zeros and ones on a screen.
• Ascent to Dependency, Not Freedom: These platforms, with their constantly fluctuating charts, instant trades, and promises of quick riches, are designed to create addiction. They prey on our lowest instincts—greed, fear of missing out (FOMO), and the desire for easy money. Instead of elevating the spirit, they chain it to the screen, to constant monitoring, to panic-driven decisions. This is not freedom; it is slavery to market volatility and one's own passions. True ascent is the ascent to self-control, moderation, contentment with little, not the endless chase for phantom wealth.

"Tools" of Trade: Satan's Tricks?

AscendEX, like many others, offers not just simple buying and selling, but an entire arsenal of "tools": futures, margin trading, staking, lending. Each of them is a potential trap for the soul.

• Margin Trading and Futures: This is not just speculation, but speculation amplified by leverage. You risk not only your own money but also what you do not have. It is akin to a dice game where stakes rise to the heavens, and losses can be catastrophic. Islamic principles categorically reject such forms of "income," as they are based on excessive risk (Gharar) and pure gambling (Maisir), which destroy peace and stability. Where is honesty here? Where is justice? This is merely the path to ruin and despair.
• Staking and Lending: If these "products" offer fixed or guaranteed returns without real risk-sharing in losses, then this is nothing other than Riba (usury) in a new guise. Money should not generate more money by itself, without effort, without real contribution to production, without participation in the real economy. This is unjust enrichment, which like a cancer eats away at society, creating a gap between the rich and the poor. Spirituality demands that profit be the result of honest work and shared risk, not parasitism on others' funds.

The Face of the Company: Mask or Truth?

Behind all this technological glitter and promises of "ascent" always lies the question: who are these people? Who runs AscendEX? What is their true purpose? Where is their transparency? Where is their accountability to those who entrust them with their funds? Often, such platforms hide behind complex structures, offshore registrations, avoiding real oversight and accountability. This is not merely a "business strategy"; it is the absence of moral integrity, readiness to flee if things go wrong. True faith demands openness and honesty in all matters, especially financial ones.

Spiritual Depletion: The Price of "Success" on AscendEX

What is the true "product" of AscendEX? Not money, for money is merely a means. The true product is the transformation within the human soul. It is the kindling of greed, the encouragement of laziness (since "passive income" promises money without effort), and the cultivation of a thirst for easy gain. It distracts from true values: family, community, service, creation.

Platforms like AscendEX do not build bridges, plant trees, or heal the sick. They merely create an illusion of activity, drawing people into an endless cycle of speculation that ultimately leads to disappointment, losses, and spiritual depletion. This is not "ascent," but a fall into the abyss of illusion.

My Verdict: A Shell Without a Soul, Leading Nowhere!

AscendEX.com, alas, is not a path to spiritual or material well-being in its true sense. It is a beautifully packaged, technologically advanced shell without a soul, luring with promises of "ascent" that turn out to be a downfall. It offers tools for speculation, gambling, and possibly usury, which are forbidden by all true spiritual teachings. It corrupts hearts with greed and distracts from righteous labor.

Do not be deceived! True wealth is not the number of digits on your account but the purity of your heart, the blessing in your portion, and the peace in your soul. Seek earnings that are clean, that benefit you, your family, and society, and align with the principles of your faith. Turn away from these digital temptations, for they lead only to disappointment and distance you from the true path.

May the Almighty protect us from evil and guide us toward blessed and permissible earnings!