BITMAX: UPHOLDING TRANSPARENCY

in #bitcoin5 years ago

This article is based on my personal review on the stated project, its not an investment advise but a guide to give investors on some notable brands that may likely make remarkable impact in the blockchain industry.

"Creativity is all about breaking out of the established pattern in order to look things a different way..Edward de Bono"

The above quote establishes the basis upon which bitmax was built, bitmax is the first of its kind in the exchange industry and has become a thing of sensation because of what they stand to accomplish and with unique ways of solving the problems in the cryptocurrency trading industry.

This article is all about outlining some key features that makes bitmax stand out from the crowd and below are some of the key characteristics that i find intriguing.

TRANSACTION FEE: Aside the fact that the transaction fee of bitmax is considered the smallest at the moment, the platform was designed to make things right by rewarding its users for carrying out exchange activities on their platform, instead of the usual deduction of a certain percentage of the transaction being carried out. This approach adopted by BitMax.io makes it more user friendly by consuming far much less energy while still rewarding traders on the platform, hence creating a much vibrant ecosystem

MINING: I will not go deep into this aspect because i have already explained it in my previous article, https://steemit.com/cryptocurrency/@ace44/bitmax-the-new-face-of-trading but the mining process has rules and guidelines which are essential to promote fairness and transparency while trading within BitMax.io. Such rules ensures that both parties involve in the mining process will benefit from the platform, without been cheated.
Token supply has been limited, and output via mining is also being effectively controlled. This will ensure a sustainable mining rate within the platform. This also prevents dilution of the value of the BMTX tokens. Bitmax token(BTMX) is also guaranteed in the platform as it can be used to pay for various transactions or even traded with supporting cryptocurrencies thus the token is created not just to pile up on users wallet but to be used.
Bit-Max-BTMX-Mining.jpg

ENGAGEMENT: This is one critical aspect that makes bitmax stand out, apart from their signature mining process. Bitmax don't just list tokens but they create an avenue whereby the community will interact with the listed token owner(s), this is done in the form of AMA. The owners of the token will be invited and the community will be given a chance to throw questions at them, such builds a strong bond between both parties and also create the needed platform for brands listed on bitmax to excel in terms of community base.
community-engagement.png
Bitmax process provides a platform that's safe for users, with the recent attacks on some exchange sites, one will agree that its best to be with a platform that provides adequate security, though no security is absolute but bitmax has stated that they will do all they can to ensure that traders perform their day-to-day activities without fear of any security breach.

So far, the quality of services has been excellent and i'm yet to see any negative review about the platform. Listing and partnership announcements has been coming up on a weekly basis and not to mention the release of weekly updates to keep the community up to date, such can be reflected with the continuous rise of their user base. The next generation of cryptocurrency exchange platform is here and bitmax has so far proven to be that exchange that we all desire. To read more about bitmax, do click on any of the links below.

BitMax Official Website: https://bitmax.io

Twitter: https://twitter.com/

BitMax_Official Reddit: https://www.reddit.com/r/BitMax/

Telegram Official Customer Service: @BitMax_ Official

WeChat Customer Service: Bmax_official_1

Telegram English Official: https://t.me/BitMaxioEnglishOfficial

Telegram Chinese Official: https://t.me/BitMaxChineseOfficial

Telegram Official Announcement Channel: https://t.me/BitMaxOfficialAnnouncement

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