We mooning

How does reverse mining work?

It's just the concept of burning bitmax tokens to get a discount on fees

I read that if you hold the tokens you get paid a dividend

So those tokens that are burned can never be remined? The total supply is reduced forever?

>So those tokens that are burned can never be remined? The total supply is reduced forever?
reduced forever

>I read that if you hold the tokens you get paid a dividend
80% of exchange revenue is paid to btmx stakers in tether. im making bank staking it btw

i used their launchpad to buy dos network presale.. that will get me a 10x.. cant wait for next one

its fucking centralized token of an exchange that can exit scam at any time. you fucks are retarded for chasing this BNB meme clone. if you are looking for yield, look at staking Pow hybrid PoS assets like decred.

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Jesus christ. Well I might as well lock my tokens because I'm going to be holding these for a while.

I get about 3$ per day with 48k tokens

that should go higher as volume increases with the launch pad events. worse case if I get dumped on I'll get most of the lost funds in a few months and give it time to go back up in price

Nice, do they have an app? I'm at work and I've only got my phone atm.

you guys are so fucking retarded, this exchange won't last through the next 50% dip

why this fagoot?

they do but I never used it. not sure how well it works

go look at their volume increase the past 4 months. they just started partnering for icos, making all the right moves with quick listing of popular low caps, their margin spread is amazing compared to every other exchange. Any other place listing shitcoins you pay a 10% premium to bots, the spread is very close even on their low volume coins.

People are going to end up holding at or near this price anyway after they see how much dividends they are getting. That doesn't even include the % of tokens that holders get on unlock

up another 20% in reverse mining since 6pm

gona be 5x for the week by tomorrow at this pace

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so i had a look at their site, does this mean we can buy btmx via their exchange now?

They're burning 1 million tokens a day?

guys i have over 200k btmx
i didnt know staking was this easy
do u recommend i send all my tokens to their website and stake 100%??

Can you explain reverse mining to us?

you can use the bitmax token for trading fees to get a discount, and when you use them for that purpose they are burned (perm lock up #)

holyshit these guys are literally the next better and improved binance

on their interview they said on their road map is to have their own blockchain like Bitmax Chain.

We're going to be rich

lightning doesn't strike twice. theres not going to be another binance. this coin may do well in the short term due to its hype, but it'll fall off in obscurity like the countless other exchange tokens

currently its the only place where you can margin trade alts. if they keep doing and improving that, they will become very popular

How do you use them for that purpose? Do i have to select a program?

You underestimate chink gamblers.

Turns out people don't like being at the mercy of binance to have their shitcoins moon. And the new wave of projects don't appreciate being extorted for a listing. Look at all the positive press and support for bitmax is coming from the projects being listed there.

it really isn't. you can margin trade alts on other exchanges as well. maybe not to the extent that this exchange offers, but it is out there.

I love how they wash trade stablecoins for free advertising on coinmarketcap.

hahaha

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either you are trolling or your REALLY fucking dumb. Look under "Fee Type". Can you read what it says? Do you know what that is referring to? Or your just too fucking dumb?

you are adorable if you think a scam exchange is going to allow BNB margin trading for the first time. Screenshot this and look at the price again in 4 weeks.

calm down friend

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>clown down

Coinbene still has the world's highest BTC/USDT trading volume. If you have a decent low cap on there with a Tether pairing, I would buy the shit out of it.

whatever will happen to BTT distant cousin, FET ?

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>Turns out people don't like being at the mercy of binance to have their shitcoins moon. And the new wave of projects don't appreciate being extorted for a listing. Look at all the positive press and support for bitmax is coming from the projects being listed there.
this

down 20%. why are people selling? I fell for another p&d? :D

did you see the marketcap ?
this shit is VOLATILE

lol, see?
its ridiculous how it recovers

yeah no worries for me. I'm in it for months anyway

Can someone redpill me on the staking?

If I bought, say like 100k of these and staked them, what am I looking at for returns?

How can you not do 5 min of research yourself? Even if you get an answer here, would you completely trust it?

It's like the whole community is sub 120 IQ.