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BitMax Token - the history of one cryptocurrency

2020-01-03

The BitMax Token cryptocurrency project was launched in July 2018. A few months later, the developers held an ICO, which was completed in a few days and made it possible to collect the necessary amount for development. Several large funds have invested in the project.

A roadmap was written from October 2018 to April 2019. The digital asset BitMax Token is registered in the Singapore registry.

A number of personalities can be noted in the team:

George Cao;
Ariel Ling;
Aaron Zhang;
Jason Toliver;
Farid Rahmat;
Diddy Carter.
When creating the BitMax Token cryptocurrency, the team used their experience in the field of technology, finance, and the digital market. Trading tokens in large volumes was not of particular interest, so a coin with completely different powers was created. BitMax tokens allow you to stimulate trading on the exchange and earn on commissions, not lose.

About the BitMax Token project

The BitMax Token cryptocurrency belongs to the Singapore project. It is based on an updated transaction model and a three-level KYC system. To improve security, the following tools are provided: X-Content-Type-Options and Strict-Transport-Security. The main token is BTMX.

There are two more unique features available online - Bunny Card and Turtle Card. Coins are traded on a margin basis. The BTMX token can be used as a service token or operated as a unit of exchange. System operability is ensured by smart contract solutions that provide automatic conversion.

If Bitcoin was created as an analogue of gold, then the BitMax Token cryptocurrency forced users to move to the next stage of development. It has an improved multi-tiered infrastructure. Its development stimulates listing on the exchange of the same name.

BTMX coins find circulation in:

ordinary trade;
reverse mining;
mining transactions.
Depending on which operating mode is chosen, the ways of reward and the status of the system participant are determined. For each transaction, the user can receive a certain amount of BTMX tokens. You can also use cryptocurrency for regular trading by paying a regular commission.

BitMax Token Platform is a set of versatile blockchain tools. The developers took the ERC-20 token as the basis for creating the BTMX token. The cryptocurrency system has a convenient method of mutual settlements between users.

The BitMax Token network is built on several main keys:

collaboration - each user can work with other stakeholders;
participation - there is an opportunity to vote for projects and actively participate in trading;
interaction - a separate reward is provided for the storage of tokens and their distribution;
autonomy - strategic operations with cryptocurrency are carried out on a sustainable basis, which is constantly available.
Within the BitMax Token system, there is a distribution of coins for the use of data (Points Cards). This is a kind of incentive for storing BTMX tokens, which are moderately blocked by the system. For successful transactions with the BitMax Token cryptocurrency, you can receive a decent net income in a different percentage.

The BitMax Token cryptocurrency platform has a good design. Exchange and transfer operations are convenient even for novice traders. Discounts on transactions can be obtained in the range of 35-50%. It is profitable to trade tokens both in short periods of time and in long periods.

BitMax Token cryptocurrency was created as a secure payment method between members. It is a functional utility token on the Ethereum blockchain. The owners of the BTMX coin have no legal rights to it. Investors can look forward to generous dividends from the cryptocurrency exchange, which are paid out based on the amount charged.

BitMax Token features

The BitMax Token cryptocurrency works as an economic incentive. It is an innovative community-driven (exchange) platform. BTMX coins are capable of giving vitality to any business model. There are many options for implementing this cryptocurrency.

BitMax Token cryptocurrency is the key to participating in the ecosystem of the famous exchange. Its tokens can serve as both an economic incentive and an investment vehicle. There are no rights to own these coins, except for convenient and safe use in the system.

A project participant can use the following system capabilities:

VIP membership - for each transaction you can get a discount and open new boundaries for the daily turnover of tokens;
for using the cryptocurrency platform, participants are offered benefits for storing BTMX coins;
the cryptocurrency project is on the list of the best and offers many additional services;
high-tech design - there is support for the API and FIX protocols;
openness of the site is an important criterion that is provided in accordance with business rules;
Convenient trading products - special balance management services are provided, there is a confidential transaction function, margin trading is supported.
The BitMax Token network is distinguished by its multi-platform user support. The platform conquered the Asian market and is confidently moving in a different direction. Anyone can participate in the ecosystem.

The transparency of the cryptocurrency platform is ensured through smart contract solutions. The exchange, where the BTMX coin operates, offers a profitable program of discounts and VIP rates. The structure of commissions is differentiated by categories of users - counterparties with high status receive ultra-low percentages.

You can store BTMX tokens in your account. They constantly go into blocking, from which their user deduces at his own discretion. It is allowed to use coins for practical purposes - to exchange, transfer, trade or accumulate them.

To receive a reward for storing BitMax Token, you need to make sure that it is locked. Urgent access to sealed tokens is provided within 24 hours.

The goal of implementing BitMax Token is a safe and convenient payment method. Cryptocurrency serves as a unit of exchange. In reality, it is not particularly interesting as a monetary equivalent. It is not used to compose securities or make any payments. BTMX virtual coins maintain stability and value within their own ecosystem.

Successfully, the BitMax Token cryptocurrency performs two functions:

participation in VIP-membership (increase in the daily limit, discounts on transactions);
joining exclusive IEO projects that are organized within the framework of the cryptocurrency exchange.
The BitMax exchange has recently entered a new stage of development. It offers strategic partnerships to participants. It is not difficult to receive tokens within the system if you purposefully follow its rules. OTC trading of BitMax Token cryptocurrency is ineffective, therefore it is profitable to store it and enjoy the benefits of mutually beneficial cooperation.

How is BitMax Token created?

BitMax Token cryptocurrency is not mined in the classical way. It operates within the cryptocurrency exchange of the same name, where it is issued to users as a reward for storage. There is no strict binding to a specific consensus algorithm.

The BitMax exchange operates the Trans-Free-Mining technology, which allows you to accumulate coins through a variety of trading operations. This method directly affects the creation and distribution of BTMX tokens.

The security of digital assets is ensured through the use of hot and cold wallets. Each user can independently create and control BTMX tokens in the system. It is worth remembering that there are no rights to the virtual currency BitMax Token.

Is BitMax Token Infinite?

It makes no sense to consider BitMax Token to be infinite. BTMX token is issued by developers to maintain the network. The rating of a digital asset directly depends on the number of interested users.

The limited issue of BTMX coins allows to give stability to a digital asset. Some of the tokens are reserved for reward, while the rest remain in the exchanges circulation.

Strengths of BitMax Token

BitMax Token cryptocurrency opens up wide opportunities for the user. New generation assets are different from traditional altcoins. The more trading operations are carried out with the BTMX token, the more income the user will be able to receive.

The principles of decentralization when creating the BitMax Token cryptocurrency did not fade into the background. It is based on a stabilized mechanism based on blockchain technology. Digital assets are constantly in the circulation of the cryptocurrency exchange, which protects them from inflation and misuse.

The BitMax Token cryptocurrency has the following advantages:

transparency - all operations are carried out at a secure level and are distinguished by the availability of records;
high processing speed - there is no delay in payments, regardless of the time period in which they were made;
sufficient reliability - the use of advanced blockchain technologies ensures ease of maintenance and security of all operations;
independence from third parties - the principles of decentralization allow to exclude the governing body and open freedom for users;
the use of a multi-tier architecture - for the digitization of monetary assets, users can choose a multi-signature, and special technical support is also provided;
support for a high level of confidentiality - transfers within the network are made in encrypted form;
protection from fraudulent influence - the developers have carefully worked out security issues;
convenient payment and settlement methods - BTMX tokens can be stored or exchanged for another cryptocurrency by choosing suitable trading pairs;
the opportunity to participate in the referral program - profitable earnings on exchange commissions (about 10%).
The BitMax Token cryptocurrency is distinguished by special functions that users can use for their own benefit. The owner of BTMX tokens can be either an investor or an ordinary individual.

This cryptocurrency product was launched in order to strengthen the BitMax exchange. The platform is gradually growing and expanding. In the wider blockchain industry, BTMX coins have unique functionality. They are more important as a business investment than as an ordinary monetary asset.

BitMax Token in the TOP currencies

The BitMax Token cryptocurrency is in the top 100. It is distinguished by high capitalization indicators and moderate liquidity. In terms of service quality and security parameters, the digital asset looks attractive.

Many investors have already taken notice of BTMX coins, which are traded at a favorable market rate. You can get a reward for daily use or storage of tokens.

The BTMX token, like other altcoins, is subject to volatility, therefore, when making any transactions, be sure to take into account the current market rate. Unique features and tools make BitMax Token popular. It has a significant lead over similar digital assets.

The recognition of the BitMax Token cryptocurrency is growing day by day. It appeared in the digital space not so long ago, but has already been able to conquer a worthy audience. BTMX tokens can be used as a source of funding or as a subject of a new investor strategy.

BitMax Token is a successful cryptocurrency project. He quickly and confidently gained popularity in a short time. The platform belongs to a new generation product - the values of the blockchain, transparency and reliability are respected.