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Author Topic: 🔵🔵🔵 [ANN] BitMax.io Transaction Mining & Reverse-Mining ⚡️⚡️⚡️  (Read 39415 times)
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Getadaaa
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November 21, 2018, 12:13:39 PM
 #221

I have seen an appealing number of promotions from BitMax team, sweepstakes, ambassador programs and now, BTMX mining. They seem to be doing really well on promotions. With the price of btc being more volatile by the day, one needs to step in and make more promotions not minding the market.
Also, I think it’s tome to make more swing trades with your tokens using BitMax exchange because what a low trading fee they give!!!

Yea, I must say that the Bitmax team is doing excellently well in promotions, even on twitter, their promotions are very active and top notch. The low trading fees also give them an advantage in these times.

Their level of activity has been kind of appreciating in some of their channels. I will give them that. They've done  way better than what I see with some projects.

I saw a tweet which shows bitmax yeam would be attending a conference soon somewhere in Shanghai. It would be a rare opportunity for bitmax community and fans to get to meet the team and find out more about bitmax just launched reverse mining.

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November 21, 2018, 12:42:04 PM
 #222

Is love to be able to track the growth if they could get integrated to coinmarketcap ASAP it would be really cool for growth

Getting listed on coinmarketcap should not really be a big deal for them, it would be easy getting the required amount of volumes needed to make it on coinmarketcap if they could do it on the day of the reverse and transaction mining. they can easily do it any day.

I agree, If they will going to have it it will also a big help to them to maintain both their exchange and tokens volumes. It's really a great way to support their own products with a lot of benefits for them also.

Bitmax is good exchange,  and I don't think they will have any issues in getting listed at coinmarketcap. Anyone here already has account with Bitmax for trading?  If yes,  please share your experience.

I think aside from the low fee of trading the withdrawal fee is also low which I think could really be useful to end users and not limiting them. as some exchange offer low trading fee but high withdrawal fees.

Indeed. I have accounts some another exchanges and I also realized that. Even sometimes are charging fees on depends on coins.
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November 21, 2018, 01:34:33 PM
 #223

I think right now their trying to make sure everything continues to run smoothly, right now especially at the early stages of this project above all else they want to make sure every customer that joins decides to stay and come back

Well, I think that should be the first thing that any project should worry about in their early stages. The reason why people take on projects is to get and retain a user base.

You’re right. Some projects rush into launching the product when it’s not fully ready. First experience matters so much. Also they should keep and open and effective customer service, and get to know user reviews on the exchange.

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November 21, 2018, 03:38:05 PM
 #224

I hope they don't accrue too much lose as a result from the low trading fee. and also the bad market that is affecting the crypto community this year. I hope they do have a backup plan in place for any negative events.

There an exchange low fees aren't going to kill them its just a narrower market at fiat with the current conditions in the end i doubt even a new smaller exchange will have issues getting enough profit to sustain through the fees, but i'm sure they were aware of the possibility of more bearish market conditions

Yea, i believe they are really confident, considering the fact that they launched their transaction mining and reverse mining process even in this present circumstance that we find ourselves, so they deserve to be commended on that, the blockchain industry has grown big enough to remain relevant and its a laughable situation to see people sell off their tokens
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November 21, 2018, 03:41:40 PM
 #225

I think right now their trying to make sure everything continues to run smoothly, right now especially at the early stages of this project above all else they want to make sure every customer that joins decides to stay and come back

Well, I think that should be the first thing that any project should worry about in their early stages. The reason why people take on projects is to get and retain a user base.

You’re right. Some projects rush into launching the product when it’s not fully ready. First experience matters so much. Also they should keep and open and effective customer service, and get to know user reviews on the exchange.
Bitmax here is providing everything they promised in store! And the important thing is its fully operational with no bugs or any irritating Stuff! COOL!
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November 21, 2018, 06:19:06 PM
 #226

I have seen an appealing number of promotions from BitMax team, sweepstakes, ambassador programs and now, BTMX mining. They seem to be doing really well on promotions. With the price of btc being more volatile by the day, one needs to step in and make more promotions not minding the market.
Also, I think it’s tome to make more swing trades with your tokens using BitMax exchange because what a low trading fee they give!!!

Yea, I must say that the Bitmax team is doing excellently well in promotions, even on twitter, their promotions are very active and top notch. The low trading fees also give them an advantage in these times.

Their level of activity has been kind of appreciating in some of their channels. I will give them that. They've done  way better than what I see with some projects.

I saw a tweet which shows bitmax yeam would be attending a conference soon somewhere in Shanghai. It would be a rare opportunity for bitmax community and fans to get to meet the team and find out more about bitmax just launched reverse mining.

It's good to hear the team is reaching out to their community, this will help strength the bonds between bothvparties .
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November 21, 2018, 07:28:48 PM
 #227

crypto markets doesn't looking encouraging but bear markets still remains the best times to invest in crypto, but this time with spare funds not all your funds, and certainly after you must have DYOR. Bitmax plays the role of providing a platform for everyone to get top tokens at these low prices. But i am more interested in security strategy of Bitmax for users Funds.
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November 21, 2018, 09:18:34 PM
 #228

I think right now their trying to make sure everything continues to run smoothly, right now especially at the early stages of this project above all else they want to make sure every customer that joins decides to stay and come back

they understand the importance of creating an awesome platform i believe once they go online they will attract much investors as well as a large community

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November 21, 2018, 10:04:43 PM
 #229


I just wanted to buy some BTMX on their exchange. At the moment I only have ETH at my disposal. And just with ETH i can not trade BTMX. Does anyone know why? I'm reluctant to go the route via BTC or USDT
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November 21, 2018, 10:26:40 PM
 #230

BitMax.io is pleased to announce lower withdrawal fees for all tokens. Please visit below link to know more details.

https://bitmaxhelp.zendesk.com/hc/en-us/articles/360012260433

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.

Exactly and these fees sum up if you have to send funds between exchanges several times.

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November 21, 2018, 10:40:25 PM
 #231

BitMax.io is pleased to announce lower withdrawal fees for all tokens. Please visit below link to know more details.

https://bitmaxhelp.zendesk.com/hc/en-us/articles/360012260433

I had a quick glance at the withdrawal fees and my word! They are so low for an exchange, judging by the the kind of ridiculous fees we have somehow become accustomed to, these fees from Bitmax is very cheap.

This are really ridiculous fees right now as per exchange withdrawal fee I can relate
It used to be 0.01 for eth as it is that I use mostly but 0.0025 is a very fair deal to me
The least i have seen for a exchange is 0.005eth for a ethereum withdrawal !
Its true they should reduce some fees but they also need to list  some coins with low fees lile XLM and XRP!

This 2 coins are actually really doing great despite the times we are in
I think it will be really a smart move by the team to list the tokens now and couple with the huge volume already in the platform, it should be far before Bitmax is recognized

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November 21, 2018, 11:01:36 PM
 #232

BitMax.io is pleased to announce lower withdrawal fees for all tokens. Please visit below link to know more details.

https://bitmaxhelp.zendesk.com/hc/en-us/articles/360012260433

I had a quick glance at the withdrawal fees and my word! They are so low for an exchange, judging by the the kind of ridiculous fees we have somehow become accustomed to, these fees from Bitmax is very cheap.

This are really ridiculous fees right now as per exchange withdrawal fee I can relate
It used to be 0.01 for eth as it is that I use mostly but 0.0025 is a very fair deal to me
The least i have seen for a exchange is 0.005eth for a ethereum withdrawal !
Its true they should reduce some fees but they also need to list  some coins with low fees lile XLM and XRP!

This 2 coins are actually really doing great despite the times we are in
I think it will be really a smart move by the team to list the tokens now and couple with the huge volume already in the platform, it should be far before Bitmax is recognized

Wait, am I being dumb or are all withdrawal fees flat. Like it's not tiered depending on the size of the withdrawal? That's pretty amazing! So could you in theory withdraw 25 eth and only pay a 0.0025 eth fee?

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November 21, 2018, 11:09:10 PM
 #233

I think right now their trying to make sure everything continues to run smoothly, right now especially at the early stages of this project above all else they want to make sure every customer that joins decides to stay and come back

I agree, Instead of thinking about what's happening on the market they are making what they can do to do a lot of developments and progress of the project that will keep their investors and supporters stay.

At your service
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November 21, 2018, 11:12:45 PM
 #234

I think right now their trying to make sure everything continues to run smoothly, right now especially at the early stages of this project above all else they want to make sure every customer that joins decides to stay and come back

I agree, Instead of thinking about what's happening on the market they are making what they can do to do a lot of developments and progress of the project that will keep their investors and supporters stay.

Exactly!!! It’s so good when projects sort of ignore what’s going on beyond their project and really bunker down and focus on their own projects future development
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November 22, 2018, 05:19:36 AM
 #235

I think right now their trying to make sure everything continues to run smoothly, right now especially at the early stages of this project above all else they want to make sure every customer that joins decides to stay and come back

I agree, Instead of thinking about what's happening on the market they are making what they can do to do a lot of developments and progress of the project that will keep their investors and supporters stay.

Exactly!!! It’s so good when projects sort of ignore what’s going on beyond their project and really bunker down and focus on their own projects future development

I completely agree with that but don't you think given the nature of this project the market matters? I mean exchange need to consider how the market is for the numbers to make sense.

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November 22, 2018, 05:40:02 AM
 #236

Is love to be able to track the growth if they could get integrated to coinmarketcap ASAP it would be really cool for growth

Getting listed on coinmarketcap should not really be a big deal for them, it would be easy getting the required amount of volumes needed to make it on coinmarketcap if they could do it on the day of the reverse and transaction mining. they can easily do it any day.

I agree, If they will going to have it it will also a big help to them to maintain both their exchange and tokens volumes. It's really a great way to support their own products with a lot of benefits for them also.

Bitmax is good exchange,  and I don't think they will have any issues in getting listed at coinmarketcap. Anyone here already has account with Bitmax for trading?  If yes,  please share your experience.

I think aside from the low fee of trading the withdrawal fee is also low which I think could really be useful to end users and not limiting them. as some exchange offer low trading fee but high withdrawal fees.

Some funny exchange give you a minimum amount you must hold or deposit on their platform. And they take a huge part of your withdrawal is form of commissions. Can be very annoying when your withdrawal is not so much
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November 22, 2018, 05:47:35 AM
 #237

Is love to be able to track the growth if they could get integrated to coinmarketcap ASAP it would be really cool for growth

Getting listed on coinmarketcap should not really be a big deal for them, it would be easy getting the required amount of volumes needed to make it on coinmarketcap if they could do it on the day of the reverse and transaction mining. they can easily do it any day.

I agree, If they will going to have it it will also a big help to them to maintain both their exchange and tokens volumes. It's really a great way to support their own products with a lot of benefits for them also.

Bitmax is good exchange,  and I don't think they will have any issues in getting listed at coinmarketcap. Anyone here already has account with Bitmax for trading?  If yes,  please share your experience.

I think aside from the low fee of trading the withdrawal fee is also low which I think could really be useful to end users and not limiting them. as some exchange offer low trading fee but high withdrawal fees.

Some funny exchange give you a minimum amount you must hold or deposit on their platform. And they take a huge part of your withdrawal is form of commissions. Can be very annoying when your withdrawal is not so much

BitMax will be seen as the first exchange with a very good customer service skill and also an exchange that always thinks about the opinion of their community.
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November 22, 2018, 05:54:16 AM
 #238

i understand that this thread is about bitmax.io transaction and reverse mining which is somewhat different from what i see in other exchanges. Instead of simply deducting the transaction fees from placed orders, here they would deduct the transaction fees from the users but later distributes back the BTMX tokens with the same value as the transaction fees as an incentive to users trading on the platform which is a great concept. this was stated to be launched some days back, Has anyone tried it?
how long would mining BTMX hold?
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November 22, 2018, 06:10:23 AM
 #239

I think right now their trying to make sure everything continues to run smoothly, right now especially at the early stages of this project above all else they want to make sure every customer that joins decides to stay and come back

I agree, Instead of thinking about what's happening on the market they are making what they can do to do a lot of developments and progress of the project that will keep their investors and supporters stay.

from all indications bitmax are working to ensure they achieve all they have planned to achieve they are not moved by the market at all i have seen the level of work the team is putting into the project i believe they know what is at stake

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November 22, 2018, 08:43:16 AM
 #240


I just wanted to buy some BTMX on their exchange. At the moment I only have ETH at my disposal. And just with ETH i can not trade BTMX. Does anyone know why? I'm reluctant to go the route via BTC or USDT
Might be the pair with ETH still not tradable yet? I never checked that but may be possible if ETH price doping drastically hence it's not allowing trade with ETH? We have too check with admin.
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