only 22m marketcap and backed by the biggest names
potential to 100x
it's the real deal. it's like buying bnb at cents.
buy and stake it
Bitmax = binance + bitmex
Jaxson Miller
Anthony Lopez
Total Supply
10.000.000.000 BTMX
Is why you're buying it for cents you gook
Parker Morris
Total BTMX in circulation: 380,417,580
price = $0.071510
= $27, 203, 661 marketcap
the token is mined by staking and transactions. also the total supply is reduced by burning it
Xavier Johnson
they have stated they expect max supply to be around 5 billion.Difficult to recommend buying it now with so many tokens.
Elijah Green
You are right. But just look at the hype around the exchange building on twitter & here, look at the liquidity and the number of pairs you can margin trade on Bitmax (like shorting BNB at x10 leverage soon), better than both bitfinex & bitmex.
This is huge, plus they are listing lowcap gems like LTO. I've seen it first.
Even if the circulating supply will change during the next months, we can expect BTMX to be AT LEAST 1/10th of marketcap of binance's BNB, which is a x8 - x10 from here.
Justin Flores
bitmax shares 80% of their daily revenue with people who stake their btmx
Zachary Nelson
TL;DR : the hype and buying pressure will be much more powerful than the long term inflation for BTMX
Levi White
>x8 - x10 from here.
i agree. my plan is to sell half at 10x and stake the other half to get passive income
Angel Ortiz
well next coin down from bnbs 2 billion in marketcap is huobi pro at 90 mill, then digitex futures at 60 mill, then kucoin at 50 mill and there max supplies top out at 1 billion.bnb only built its crazy marketcap potential in the biggest bull market ever seen.We have more realistic prices now.Expect 40-60 mill mc max imho.
Nathaniel Bennett
So like how much do you get for 1 BTMX?
Joshua Parker
i made $11 yesterday from staking 200,000 btmx ($14,302).. i'll make more as exchange gets more volume
Sebastian Kelly
I know you guys are probably all holding this token hence the shilling. But what good reason do I as a trader have to start operating on this platform? It looks pretty shitty desu
Jack Robinson
80%? Sounds like a scam. How can they expand and build their platform when they're giving away money like that?
Christopher Hill
Because it's a website. It costs practically nothing.
Aaron Sanchez
KYC... aaaand I'm out . Theres countless ways to make money in crypto without needing to sink to that level.
Robert Perry
You don't need KYC.
Samuel Mitchell
>I know you guys are probably all holding this token hence the shilling. But what good reason do I as a trader have to start operating on this platform? It looks pretty shitty desu
you can long/short alts with leverage. also it's kinda feeless because you get paid in btmx for trading on their platform
Jacob Morales
Well imagine if Bitfinex & Bitmex had their own tokens ? Since their are the most popular margin trading platform, Mcap would be more than the token of Huobi Pro I think
Simple, as a trader you can do your money with longing and shorting like on Bitmex & Bitfinex, on altcoins that are very volatile (like BTT, BNB, ONG). UI is personal preference but there is no lag and I love the colours.
Andrew Nguyen
Fucking kek I love the chinese. They don't give a fuck.
Benjamin Russell
I actually only margin trade the large coins. I wouldn't dare such a thing on low volume altcoins. Seems like a cheap Chinese knock-off.. the name litterly is a knock-off.
>also it's kinda feeless because you get paid in btmx for trading on their platform
So how do they keep the lights on?
The UI is an absolute disaster imo, not enough trading tools either that I enjoy on BitMex. (i.e. take profit limits). If you're holding this for speculative gains just know that I really doubt anyone serious about trading would trade on this platform.
John Russell
How long do you have to lock up your tokens for?
Levi Walker
their volume is largely stablecoins. Plus it's Chinese so I will rightfully assume they're washtrading.
Jace Fisher
there are shitloads of exchange tokens, and the next highest is 90 million, and huobi is a huge exchange.The other problem is, the higher the price goes, the lower the annual returns, when the coin was 2.2 cents or so, the annual returns were 80%, now at 7 cents its now 25%.Also you are looking at this through a narrow lense, there are tens of exchanges now out for binances blood, all releasing tokens, benefits for users etc.Its much easier to make a crazy marketcap when you are the only show in town, now every coin of every type has a ton of clones.
David Phillips
if you look at the volume, 90% of it is stablecoin to stablecoin trading on bitmax lol
Hudson King
BitMax.. that name really puts me off. I can't really imagine trading on a platform that so blatantly tries to borrow from another platforms brand.
All in all, sounds like a scam. Don't get chinked anons.
Jaxson Murphy
They are fucking champs. It's unbelievable how little shame they have.
Kevin King
>Seems like a cheap Chinese knock-off
I've said exactly the same thing for binance in 2017.. Exchange is brand new and backed by some of the biggest players in crypto
- FBG
- Bitmain
- GBIC
- Torque Ventures
- Danhua (DHVC)
- Matrix Partners
- Lemniscap
More functionalities to come in the future for sure. DYOR and look at the solid team. medium.com
Matthew Sullivan
What are the downsides to staking your tokens? So far I see it takes 24 hours to unlock them.
Jason Ramirez
I'm curious, but I don't really have any incentive to start trading there for now. Maybe if they improve their functionality and get some volume then it would be more attractive.
Carson Ward
bitmax is 51st by adjusted volume>like I said there are tens of exchanges out for binances blood.
Jace Walker
>How long do you have to lock up your tokens for?
after you stake your btmx, you can unstake them any time you want. it takes 24 hours to unstake, or you can do it instantly for a fee.
Hudson Cox
>their volume is largely stablecoins. Plus it's Chinese so I will rightfully assume they're washtrading.
the head quarters is in singapore
Kevin Stewart
>What are the downsides to staking your tokens? So far I see it takes 24 hours to unlock them.
you can also unstake your btmx instantly for a fee
Ryan Russell
How do you stake it?
Can you trust a chink exchange?
No stupid withdrawal limits?
Luis Thomas
Can you short all the tokens listed there?
Ian Butler
>huobi
huobi is just a utlity token. it doesn't have revenue share like bitmax. doesn't have leverage trading. doesn't have ico launhcpad. etc
Luke Wright
2btc a day limit without kyc
Bentley Nelson
Not all, just those listed under the margin tab. Can short bnb though, which is pretty unique
Jacob Gray
to stake it, click on assets, then click request lock-in.
it's based in singapore. i trust them because of all the big names that have invested it in and the team are all stars. they have a big focus on customer service
i can withdraw 100 btc daily
Jackson Myers
BTMX and FTM is a home run portfolio
Carter Rogers
times move on, there are tons of transaction mining exchanges, tons of leverage exchanges etc.
Kayden Nguyen
even if you dont buy btmx, you should make an account on bitmax to trade. bitmax lists the best new coins before binance
Mason Nelson
Do you get benefits if your register with a referral?
Isaac Ward
>BTMX and FTM is a home run portfolio
this. i'm 50% in btmx, 33% in fantom. i'm also holding 17% vite. it's a dag based smart contract platform like fantom, but people are sleeping on it. it will get hype at some point
Logan Green
>Do you get benefits if your register with a referral?
i don't know. but my ref is XE8O8ERC if you want to use one
Owen Williams
Bitmax will be the Binance of up and coming great projects.
Bitmax is also doing their own ICOs on their platform like Binance.
BNB margin is going to be interesting.
10x leverage before launch pad ICO long
10X leverage short after ICO?
Jeremiah Cook
how much?
Josiah Miller
CZ not going to be happy when people can short BNB. I imagine he's not someone you want as an enemy.
Jose Long
BITMAIN behind BITMAX
I am just laughing my ass off at those pajeets that think this is a scammy chink exchange "muh the name bitmax is like bitmex scam scam scam"
BITMAIN LITTERALLY CONTROLLS THE ENTIRE BITCOIN MINING MARKET
Imagine user... imagine
CZ and binance = A Drop in a Bucket
Levi Fisher
dunno how the fuck people thought this was a scam exchange when its listing fucking BNB for margin trading but this just blows those cunts out the water completely
Logan Rivera
Bitmain invest in tons if crypto startups, doesnt mean anything.Google bitmain invested in crypto.they are in a ton of shit, most of it which dumped in to oblivion.lamda, nuls, elastos, erisx exchange ( literal who.)blockonomi (who?) and many many more.
Jack Richardson
Don't worry you can sell in 24hrs when your coins unlock.