Review on BitMax Token by Fanuel PORPORTY
BTMX: the native token of BitMax, it is designed to be a main component of its trading platform.
BitMAX is a cryptocurrency exchange which was founded in July 2018 by Airel Ling and Dr. George Cao and is already one of the top exchanges in terms of trading volume in 2019. Ling is a woman with many years of experience in the financial and business development sector. Her Founding Partner & CEO Dr. George Cao is also an expert with many years of experience in equity trading and can contribute his Wall Street expertise.
The company is headquartered in Singapore, supported by 2 additional offices in Beijing and New York. BitMAX is primarily a trading exchange for Bitcoin and altcoins. After all, there are currently about 60 altcoins listed that can be traded against BTC, ETH or USDT. In addition, the platform offers margin trading with up to 10-fold leverage, depending on the respective trading pair. What makes BitMAX exceptional is the range of innovative extra services offered to their users
First of all, the platform together with its special features is based on the in-house token, called BTMX. This token is mined via the platform and issued to traders as a kind of trade reward
Transaction Mining, as they call it, is a unique and clever strategy to get traders to trade on BitMAX. Regular traders enjoy a growing BTMX wallet, they occasionally get additional benefits such as more coin gifts in the form of AIRDROPS. As a BTMX owner it is worthwhile to check out your possibilities on the platform. The maximum supply when all BTMX tokens will be mined in the future is 10,000,000 BTMX.
Pros
- Altcoin margin trading
- Many altcoins
- Fast customer support
- High liquidity
- Traders get BTMX token rewards on trades
- Security Measures: 2FA combined with email verifications; combination of hot and cold wallet solutions
Cons
- More advanced orders missing
