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BitMax.io is a global operator of innovative digital asset trading platform with a broad range of products and services for global retail and institutional clients. With its relentless focus on transparency, reliability and quality of execution and client services, BitMax.io has clearly established itself as a reputable leader in the crypto trading and exchange space.
The BitMax.io project roadmap contains many innovative trading features that aim at delivering seamless user experiences, high liquidity trading, and cost-saving benefits to traders. BitMax.io has released a number of such features and continues to leverage the team’s quant trading background and deep knowledge of capital markets to deliver latest trading and exchange features for its broad user base.
The first example of such features is BitMax.io’s innovative “Trans-Fee Mining” model. In this model, instead of simply deducting the transaction fees from orders like how other exchanges charge, BitMax.io deducts the transaction fees from the users but then distributes back the BTMX tokens of the same value as the transaction fees to incentivize trading on the platform. As the native token of the BitMax.io platform, BTMX tokens are paired with BTC and USDT and can be traded on the secondary market as well as used for additional benefits on the platform. In this way, traders actually reduce their transaction costs and can either hold or trade BTMX tokens on the platform.
The latest user-friendly and trader-focused exchange model is that of “Reverse Mining.”
With reverse mining,