BTMX Token is the main feature of the Bitmax Ecosystem and was developed to be used as the main token of the exchange. The token has had a good acceptance on the market and the token price is on evolution
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Pros
BitMax Token(BTMX) is a utility token native to BitMax Exchange
BTMX holders are eligible for many platform services and benefits
BTMX holders within the BitMax Ecosystem have discounts set against base trading fees
About 80% of net transaction fee is distributed back to BTMX token holders
At the moment Bitmax Token is on the 222 position on The Crypto Market Ranking
Bitmax Exchange has a great design and modern features, tools.
Cons
I cite as a negative point: the great number of big and famous exchanges with their native tokens.
Bitmax token needs to be negotiated strongly in several exchanges.