BITMAX Recent Update

BitMax is a global operator of digital asset exchanges for diverse groups of clients from retail to institutions. The BitMax team hopes that through building upon a series of open and fair market rules, BitMax would be able to boost the liquidity of the overall market, support the blockchain structural optimization and promote equitable resource allocation. Leveraging on blockchain technology, BitMax aims to establish an autonomous platform, and build out a new type of economic autonomy program.

The beauty of Bitmax exchange is its uniqueness and amazing models that put it up above its peers. One of its advantage is that it allows users to "mine" while trading, in other words, users get paid for trading as opposed to others where users pay for trading. Some other models include Transaction mining, Reverse mining, Taker trade, and Maker trade.

In the last few weeks, the Bitmax team has been so busy with so many activities, announcing the listing of projects such as COVA, LAMBDA, and CVNT. Their hard work hasn't gone unnoticed as they got listed on CMC in so short a time after busting into the scene, compared to lots of other projects that have been around the block for quite some time, that is an amazing feat.

Bitmax is introducing an update to its trading pairs that will be eligible for Transaction mining and Reverse mining, this will take effect from the 6th of January, 2019 at exactly 7:00 pm EST. The update will be as follows:

Trading pairs eligible for Transaction Mining: USDC/USDT, XRP/BTC
Trading pairs eligible for Reverse-Mining: All except for those linked to BTMX, LAMB, COVA, and CVNT
Trading pairs eligible for Regular Trading: All

The video below gives a better understanding of Bitmax