Review on BitMax Token by LUIS RIVERO R
VIP user in Bitmax
Internal utility token, this asset is perfect for bitmax traders since you can reduce trading related costs in addition to sales and asset purchases.
In this exchange they place their token as an investment method since the greater amount of MBX in hold within the platform you will receive daily rewards from the main cryptocurrencies.
This asset can be interesting for investors with large capital as it will receive a considerable daily return, as long as it maintains tokens within the different programs of this exchange, however if its capital is small it will not have much profit. It should be noted that it is only a perception of this token since the investment risk is borne by each person.
Pros
- Reduction of transaction costs.
- Receive a percentage of the profits of different assets daily.
- It has a good volume of liquidity and transactions.
Cons
- Without many uses outside the exchange.
- You cannot verify if there is an asset burn or decrease service on your road map.
- There are criticisms contracted with respect to this asset on the different websites and third-party revicions.
