Review on BitMax by dachunha isabela

Name: BitMax
Item: BitMax
Rating: 5

February 06, 2019

BitMax offers transparency of transactions records, which provides the ever…

BitMax offers transparency of transactions records, which provides the ever-necessary trust element. Its platform can endure high-performance output with a 24/7 model and access to transaction records.
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The tech-support offers security, high performance, and scalability. Advanced in-memory matching algorithms, asynchronous non-blocking read and write, distributed real-time messaging framework and other advanced technologies power BitMax.
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Other strong points are a smooth environment for trading with support for FIX protocol and API, safety and stability, and vast support for financial products, supporting BTC, ETH, and BMAX (BitMax’ s token). There is also liquid support, multi-lingual support, and full-platform customer support, including a web browser, Android client, IOS client, HTML5 Mobile, PC client, and WeChat.
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Pros

Bitmax is a cryptocurrency exchanged based on the combined Proof of Work and Proof of Stake. Features Based on the combined Proof of Work (PoW) and Proof of Stake (PoS), BitMax completely relies on the endorsement of all the participants to build out the new-age consensus community of blockchain ecosystem with decentralized and distributed autonomy. The distribution of production output has enabled BitMax to evolve from a centralized governance model to a completely new decentralized community-based distributed autonomous system.

Cons

in personal security there are only 2 safeguards, namely password login and google authenticator, and no password fund, anticode phising, and link to the phone number and I think it is very important for security of our assets. The lack of English support is worrisome. It is evidently clear that English is not the project’s native language, which may be a complicating factor in the marketing and PR campaigns. The objective should include engaging customers and clients in the Western civilization, as well. Overall, the project looks plenty good, but there are a couple of minor drawbacks. Its name sounds a lot like “BitMex,” which happens to be another trading platform. It could create confusions down the road.