Bitmax is a newly established cryptocurrency exchange in Singapore in 2019. I've traded on a number of Singapore-based exchanges, and the vast majority of them are excellent in terms of performance, service delivery, and support. Although the exchange has a large trading volume and trade pair, the amount of information released by the exchange concerning certain of their services isn't as spectacular.
Because it's a new exchange, I can't advise traders to put their cash there for a long time because I'm not sure about it, and it's still a very young exchange, so traders/investors should check it out for themselves and trade with caution.