Review on BitMax by Amit Singh
An exchange with lots of difference.
I like the overall mix of features, which includes margin trading, though not too much leverage, as a token rewards system that affects trading fees, as well as new coin airdrops for token owners and occasional other awards from brokers. The business field is pretty easy and understandable even for non-established traders. The difficulty is that only professional margin traders can miss certain order types and settings for more automated trading.
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Pros
- Decentralized servers.
- Increased privacy.
- Simpler integration with hardware wallets.
- Faster and cheaper transactions.
Cons
- The exchange has not insured crypto, however, so capital is at risk.
