gee777
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November 18, 2018, 06:06:33 PM |
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This is an interesting news at this point in time when every other exchanges try to increase the fees and get as much as possible from the traders. This is very interesting and considerate from bitmax. I hope they have a backup plan to raise profits for their selves. They are really doing everything to please the community.
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mv1986
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November 18, 2018, 06:10:00 PM |
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This is an interesting news at this point in time when every other exchanges try to increase the fees and get as much as possible from the traders. This is very interesting and considerate from bitmax. I hope they have a backup plan to raise profits for their selves. They are really doing everything to please the community. They have to do this as competition in this market is very strong. Some exchanges have very high withdrawal fees. Especially for smaller withdrawals this is a good thing.
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faulerwilli
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November 18, 2018, 06:40:37 PM |
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I'm not here one day in the forum and I miss the best news. A reduction in withdrawal fees is a great thing. I found the fees before that not so high. How will that affect the mining? Or are only the trading fees considered for the mining?
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Getadaaa
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November 18, 2018, 06:56:22 PM |
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This is an interesting news at this point in time when every other exchanges try to increase the fees and get as much as possible from the traders. This is a good opportunity, considering that there are still expensive costs from various exchanges, maybe this could be a temporary alternative and could save costs of course. I don’t think it’s temporary. They had a system/website upgrade recently and updated the exchange with more cool stuffs to give lower trading fee to users.
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BEST TIME AND PLACE TO EXIST
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AngelJoshua
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November 18, 2018, 10:40:42 PM |
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There are many exchanges in CMC. I recently decided not to follow on anyone of them, not anymore because I think they’re greed. High listing fees, poor community involvement in deciding and also the pit on high trading costs that makes it difficult for newbie to get through although the high volume. But I think bitmax is different with the transaction mining they offer. What type of transaction mining are we looking at here?
Yeah. Some exchanges are getting greedy. They could have the volume but no doubt bitmax would beat em soon at that with the recent bitmax User Incentives. Check out this link for more about that. https://www.reddit.com/r/BitMax/comments/9xeqr1/bitmaxio_the_innovative_digital_assets_trading/?st=JOKNF3NH&sh=ef453609I totally agree with it, There's a lot of exchanges that asking for high fees to get listed. I know bitmax will not going to be like those greed exchanges that are asking high fees even they are a good or popular exchanges. Their listings fees should be a little bit reasonable not too high and not too low just very moderate. And I would advise a thorough vetting should be done on every project before they are listed. Yeah, They should really make a background check first on the project before they list some coins because if they will going to list a lot of useless or a future scam coin I think it will affect their reputations.
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phantam
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Bountyhive.io
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November 18, 2018, 10:48:55 PM |
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I'm not here one day in the forum and I miss the best news. A reduction in withdrawal fees is a great thing. I found the fees before that not so high. How will that affect the mining? Or are only the trading fees considered for the mining?
Considering how so many exchanges seem to always leave their withdrawal fees as a horrible hidden surprise it’s good to see an exchange try to go the other way
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Cnote112
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November 18, 2018, 11:23:46 PM |
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I'm not here one day in the forum and I miss the best news. A reduction in withdrawal fees is a great thing. I found the fees before that not so high. How will that affect the mining? Or are only the trading fees considered for the mining?
Considering how so many exchanges seem to always leave their withdrawal fees as a horrible hidden surprise it’s good to see an exchange try to go the other way Yeah, they’re very transparent in their dealings. I’m glad they considered reduction in withdrawal fees.
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phantam
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Bountyhive.io
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November 18, 2018, 11:43:20 PM |
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Hopefully we see the team continue to be this active as they continue to grow it’s good to see the team making real efforts to keep the community informed and active
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Kinkadeinspired
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November 19, 2018, 05:12:17 AM |
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I'm not here one day in the forum and I miss the best news. A reduction in withdrawal fees is a great thing. I found the fees before that not so high. How will that affect the mining? Or are only the trading fees considered for the mining?
I guess the team will make an announcement if it has any effect on mining, but I personally don't think it will have any effect on mining though.
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RyCriptoC
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November 19, 2018, 05:13:14 AM |
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I'm not here one day in the forum and I miss the best news. A reduction in withdrawal fees is a great thing. I found the fees before that not so high. How will that affect the mining? Or are only the trading fees considered for the mining?
Considering how so many exchanges seem to always leave their withdrawal fees as a horrible hidden surprise it’s good to see an exchange try to go the other way Yeah, they’re very transparent in their dealings. I’m glad they considered reduction in withdrawal fees. What are the charges for all type of transaction? Is there any link, document where I can check all these details. Do they have mentioned the comparison with other exchange charges?
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gee777
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November 19, 2018, 06:22:43 AM |
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This is an interesting news at this point in time when every other exchanges try to increase the fees and get as much as possible from the traders. This is very interesting and considerate from bitmax. I hope they have a backup plan to raise profits for their selves. They are really doing everything to please the community. They have to do this as competition in this market is very strong. Some exchanges have very high withdrawal fees. Especially for smaller withdrawals this is a good thing. I agree with you. I just did a transaction this morning with a 2% transaction fee. I was really hurt by the amount they deducted from me. So having a low transaction fee is really welcoming.
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Owillz
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November 19, 2018, 07:11:19 AM |
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That of bitcoin and bitcoin cash are really very low compared to what I would have thought. That's impressive. It's interesting seeing such, one tend to wonder how they do it and what's the gain they make from it.
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disconnectme
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November 19, 2018, 08:52:09 AM |
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BitMax is one of the few ICO is the space this year that has given the invest decent ROI the last i checked it was like 5X ROI in Ethereum, but the concern I have with the project is the transaction mining, most exchanges doing this has fake volume is not good for a project, truly I don't know how Binance go from nothing to the leader in the space but their model is one to copy
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Ace44
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November 19, 2018, 10:49:22 AM |
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I just made a quick comparison of their new withdrawal fees with the ones of Binance. While they both have the same fees for BTC and LTC, the withdrawal fees for ETH of BitMax are now way lower than the ones from Binance (0.0025 ETH compared to 0.01 ETH) I think bitmax has what it takes to go toe to toe with binance, their features are quite creative and about the transaction mining and REVERSE-MINING, has anyone find out the latest?, i mean if it was successful and all that because i believe such was introduced yesterday, this is one of the key concept of the brand that will really impress traders
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ibininja
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November 19, 2018, 10:52:31 AM |
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This is an interesting news at this point in time when every other exchanges try to increase the fees and get as much as possible from the traders. This is very interesting and considerate from bitmax. I hope they have a backup plan to raise profits for their selves. They are really doing everything to please the community. I think they have the tokens? If I am not mistaken they've allocated a bunch. Also the bigger it gets the more profits they make be it from listing coins or from other promotional campaigns.
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ethtrader16
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Empowering crypto w/ sustainable energy
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November 19, 2018, 01:24:42 PM |
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This is an interesting news at this point in time when every other exchanges try to increase the fees and get as much as possible from the traders. This is very interesting and considerate from bitmax. I hope they have a backup plan to raise profits for their selves. They are really doing everything to please the community. They have to do this as competition in this market is very strong. Some exchanges have very high withdrawal fees. Especially for smaller withdrawals this is a good thing. I agree with you. I just did a transaction this morning with a 2% transaction fee. I was really hurt by the amount they deducted from me. So having a low transaction fee is really welcoming. This is really uncomfortable for me also if with less withdrawal amount exchanges are deducting huge amount as a fees. I guess this concept will definitely bring huge number of users on this platform.👍
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CrypticBabe
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November 19, 2018, 02:03:44 PM |
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This is an interesting news at this point in time when every other exchanges try to increase the fees and get as much as possible from the traders. This is very interesting and considerate from bitmax. I hope they have a backup plan to raise profits for their selves. They are really doing everything to please the community. Its important to get attention toward them and gather trust to be a established Exchange! Plus they will still make profit from listing fees and other fees!
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ctrades31
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November 19, 2018, 02:07:24 PM |
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Cnote112
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November 19, 2018, 05:03:56 PM |
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Thanks for the update buddy, some projects will just implement changes of this sort without updating their community.
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