Review on BitMax Token by Amit Singh
It is functional utility token.
This is a great incentive to hold on to the platform as users on this system lock their tokens and are rewarded with daily delivery. The source of this daily distribution will come from 80% of the transaction fee. It is intended to reward users for bringing information and news to the platform. Count to determine the reward for locked up tokens.
The locked tokens can be unlocked at any time but may take up to 24 hours to be usable again or can be unlocked instantly for a fee of 10%.
Pros
- It is the native utility token of the exchange that can be used to participate in trade, discount, and promotion and holders to get very low fees..
Cons
- If the token is not consumed then there will be a problem in decreasing total supply.
