🔵🔵🔵 [ANN] BitMax.io Transaction Mining & Reverse-Mining ⚡️⚡️⚡️

[ibininja]

The Bitmax exchange has some truly interesting features, the trans fee mining and reverse mining to me stands out because it is the first time I am actually seeing something like that.

Yea, its the first of its kind, talk about been unique and its a good thing to see the team capitalizing on that in their awareness campaign, a lot of individuals in the community are yet to know what the process is all about and it will make a lot of sense to get them onboard, the features looks great, cost effective and a means of sustenance has been created by the team 

Yes, that is exactly true. It took me quite a while also before I could wrap my head around it, but because of the awareness campaign I was able to grasp it. The idea is rather unique and amazing.

I think they are doing a good job advertising it. I feel the reverse mining combines the traditional and trans-fee models in one model. I also think that they got guts to try out the trans-fee that failed with fcoin.

[Nathan01]

Is there anyone here who participates in mining? Can one already draw first conclusions, is it reasonably lucrative?
Unfortunately, I had too little time to deal with it

I think it’s too early in the mining to really get a sense of the longterm implications of where the market is going not just for BitMax but for everything in this crazy market

Exactly, now is probably the worst time to make predictions because God knows when we will eventually see the market start to recover. However, saying that, if you made the right call at this moment in time and predicted the way markets are going to move correctly, then you could make a lot of money and probably be likened to a prophet lol.

I think the market is beginning to bounce back once again, eth coming back up bit by bit
Maybe December is really looking like a good month already, but then BTMX ain't trading?

[Margary]

Is there anyone here who participates in mining? Can one already draw first conclusions, is it reasonably lucrative?
Unfortunately, I had too little time to deal with it

I think it’s too early in the mining to really get a sense of the longterm implications of where the market is going not just for BitMax but for everything in this crazy market

Exactly, now is probably the worst time to make predictions because God knows when we will eventually see the market start to recover. However, saying that, if you made the right call at this moment in time and predicted the way markets are going to move correctly, then you could make a lot of money and probably be likened to a prophet lol.

I think the market is beginning to bounce back once again, eth coming back up bit by bit
Maybe December is really looking like a good month already, but then BTMX ain't trading?

I really would like to believe in the growth of the cryptomarket! it would be great happiness for me. I would like to continue working in the field of cryptoindustry.

[Pricebrianer]

Is there anyone here who participates in mining? Can one already draw first conclusions, is it reasonably lucrative?
Unfortunately, I had too little time to deal with it

I think it’s too early in the mining to really get a sense of the longterm implications of where the market is going not just for BitMax but for everything in this crazy market

Exactly, now is probably the worst time to make predictions because God knows when we will eventually see the market start to recover. However, saying that, if you made the right call at this moment in time and predicted the way markets are going to move correctly, then you could make a lot of money and probably be likened to a prophet lol.

I think the market is beginning to bounce back once again, eth coming back up bit by bit
Maybe December is really looking like a good month already, but then BTMX ain't trading?

Did you just say BTMX isn’t trading?
The team made some upgrades on the exchange and that includes trans mining and reverse mining inclusion on trades. Last time I checked there was BTMX/BTC AND USDT PAIR

[em777]

The Bitmax exchange has some truly interesting features, the trans fee mining and reverse mining to me stands out because it is the first time I am actually seeing something like that.

Yea, its the first of its kind, talk about been unique and its a good thing to see the team capitalizing on that in their awareness campaign, a lot of individuals in the community are yet to know what the process is all about and it will make a lot of sense to get them onboard, the features looks great, cost effective and a means of sustenance has been created by the team 

They seem to have everything planed here! Its clear they learned from Past exchanges and solved everything that came in way in those exchanges!
3rd Generation Exchange for real!   

well, they have a lot to offer as regards new technology in the cryptocurrency exchange industry they are obviously the 3rd Generation Exchange

[faulerwilli]

I think the market is beginning to bounce back once again, eth coming back up bit by bit
Maybe December is really looking like a good month already, but then BTMX ain't trading?

I have the feeling that the last two days were just a short-term increase. In my opinion, it will once again go really far down before the market starts again. But for safety's sake I already buy a few ETH today if I'm wrong. And if I'm right, then I'll buy more :-)

[Sozialtourist]

I think the market is beginning to bounce back once again, eth coming back up bit by bit
Maybe December is really looking like a good month already, but then BTMX ain't trading?

I have the feeling that the last two days were just a short-term increase. In my opinion, it will once again go really far down before the market starts again. But for safety's sake I already buy a few ETH today if I'm wrong. And if I'm right, then I'll buy more :-)

Yeah, I wouldn't be too sure that the market has made a turnaround and is now rising again for longer. But yeah, we will see. I am just not soo optimistic.

[gee777]

I think the market is beginning to bounce back once again, eth coming back up bit by bit
Maybe December is really looking like a good month already, but then BTMX ain't trading?

I have the feeling that the last two days were just a short-term increase. In my opinion, it will once again go really far down before the market starts again. But for safety's sake I already buy a few ETH today if I'm wrong. And if I'm right, then I'll buy more :-)

Yeah, I wouldn't be too sure that the market has made a turnaround and is now rising again for longer. But yeah, we will see. I am just not soo optimistic.

Yeah. It's too soon and sudden for the market to begin the rise. Although we had a really bad year. But it doesn't still feel like we have reached the bottom yet.

[ningrum]

Is there anyone here who participates in mining? Can one already draw first conclusions, is it reasonably lucrative?
Unfortunately, I had too little time to deal with it

I think it’s too early in the mining to really get a sense of the longterm implications of where the market is going not just for BitMax but for everything in this crazy market

Exactly, now is probably the worst time to make predictions because God knows when we will eventually see the market start to recover. However, saying that, if you made the right call at this moment in time and predicted the way markets are going to move correctly, then you could make a lot of money and probably be likened to a prophet lol.

I think the market is beginning to bounce back once again, eth coming back up bit by bit
Maybe December is really looking like a good month already, but then BTMX ain't trading?

I hope the market can rise again gradually and if it can really happen it is certainly good news for everyone and maybe next month or next year the market can really rise we will see

[phantam]

I think the market is beginning to bounce back once again, eth coming back up bit by bit
Maybe December is really looking like a good month already, but then BTMX ain't trading?

I have the feeling that the last two days were just a short-term increase. In my opinion, it will once again go really far down before the market starts again. But for safety's sake I already buy a few ETH today if I'm wrong. And if I'm right, then I'll buy more :-)

Ya chances are it dips back to 100 possibly down to 80 or 60 worst case but I think there’s a lot of people looking to continue to buy at the 100 wall as it’s a nice number

[AngelJoshua]

You are right, i think it will be best if they create preferences for users, like those with minimum amount to invest can bring little or no proof of identification, in my opinion, KYC should be for those with huge amount to invest because when it comes to scrutiny from the authorities, huge investments is what they aim at, so i see no much reason why such is needed

These days KYC is getting much easier. Only thing is team needs to be careful about choosing a right partner to do this in an efficient manner.

Most crypto community guys do hate kyc although we have to realise that it is for our good and most times it doesn't take most of our time.

I agree, It's really for our own and the projects goods too. But doing kyc sometimes are really an annoying thing specially if the project is really strict about their needed documents. I hope bitmax will not going to be like that.

Well, for me it's just that I really feel uncomfortable when I have to upload my personal documents to the internet. I know the projects have to do KYC do be compliant to regulations but I always fear that the KYC documents get in the hands of an unauthorized third party (hacker etc.).

Yeah, Even me I don't really like doing a lot of kyc's on different projects except to those project that I'm planning to invest and support. Thinking about sending your documents to uknown people will really not comfortable because our data are at risk.

[Ace44]

Is there anyone here who participates in mining? Can one already draw first conclusions, is it reasonably lucrative?
Unfortunately, I had too little time to deal with it

I think it’s too early in the mining to really get a sense of the longterm implications of where the market is going not just for BitMax but for everything in this crazy market

Exactly, now is probably the worst time to make predictions because God knows when we will eventually see the market start to recover. However, saying that, if you made the right call at this moment in time and predicted the way markets are going to move correctly, then you could make a lot of money and probably be likened to a prophet lol.

I think the market is beginning to bounce back once again, eth coming back up bit by bit
Maybe December is really looking like a good month already, but then BTMX ain't trading?

I hope the market can rise again gradually and if it can really happen it is certainly good news for everyone and maybe next month or next year the market can really rise we will see

Well, i believe the downtrend is for a greater good, many don't see it that way but we should get used to the fact that it may be like this for a couple of months, it may probably be a correction effect that will stabilize the entire industry and give room for a much more productive industry, the wave of obnoxious projects was part of this and it will be nice to see them phase out 

[faulerwilli]

Well, for me it's just that I really feel uncomfortable when I have to upload my personal documents to the internet. I know the projects have to do KYC do be compliant to regulations but I always fear that the KYC documents get in the hands of an unauthorized third party (hacker etc.).

Yeah, Even me I don't really like doing a lot of kyc's on different projects except to those project that I'm planning to invest and support. Thinking about sending your documents to uknown people will really not comfortable because our data are at risk.
[/quote]

I feel the same. A copy of my passport is now at too many exchanges, that worries me. But there are Blockchain projects to help you just have to run the KYC once again and the exchanges get the data from these companies. That should provide more security

[Nathan01]

Is there anyone here who participates in mining? Can one already draw first conclusions, is it reasonably lucrative?
Unfortunately, I had too little time to deal with it

I think it’s too early in the mining to really get a sense of the longterm implications of where the market is going not just for BitMax but for everything in this crazy market

Exactly, now is probably the worst time to make predictions because God knows when we will eventually see the market start to recover. However, saying that, if you made the right call at this moment in time and predicted the way markets are going to move correctly, then you could make a lot of money and probably be likened to a prophet lol.

I think the market is beginning to bounce back once again, eth coming back up bit by bit
Maybe December is really looking like a good month already, but then BTMX ain't trading?

I really would like to believe in the growth of the cryptomarket! it would be great happiness for me. I would like to continue working in the field of cryptoindustry.

Everyone in the industry wants a bounce back trust me, everyone, the market bouncing back will greatly see this happen
Exchange is a big part of this process, the right one as this is a good step to that realization

[Getadaaa]

Bitmax Exchange looks fancy and easy to use. And now there’s the Reverse Mining and Transaction Mining where users earn back fees and mine BTMX token while you trade these for USDT or BTC right there.
Do I have to go through a Lengthy KYC procedure for new users on the exchange?

[ctrades31]

The Bitmax exchange has some truly interesting features, the trans fee mining and reverse mining to me stands out because it is the first time I am actually seeing something like that.

Yeah, I also like their features. This is really brilliant idea and BitMax team really did something different in Crypto Exchange.

Yeah they managed to  implement a  new technology into their exchange unlike the everyday exchange we see now and then!
Plus its profitable as well!   

yeah, they understand the importance of combining emerging technology with existing technology to create an impressive cryptocurrency trading platform

This will change concept of Crypto exchange? I think Yes, they can. I am not sure if any exchange started previously like a BitMax but this is I heard first time and even seen.

[ibininja]

The Bitmax exchange has some truly interesting features, the trans fee mining and reverse mining to me stands out because it is the first time I am actually seeing something like that.

Yeah, I also like their features. This is really brilliant idea and BitMax team really did something different in Crypto Exchange.

Yeah they managed to  implement a  new technology into their exchange unlike the everyday exchange we see now and then!
Plus its profitable as well!   

yeah, they understand the importance of combining emerging technology with existing technology to create an impressive cryptocurrency trading platform

This will change concept of Crypto exchange? I think Yes, they can. I am not sure if any exchange started previously like a BitMax but this is I heard first time and even seen.

The trans-fee is not really a new concept but the reverse mining should be the first. I mean I've never seen an exchange do it; the trans-fee I think idex has something similar but not exactly they had free trading.

[CrypticBabe]

The Bitmax exchange has some truly interesting features, the trans fee mining and reverse mining to me stands out because it is the first time I am actually seeing something like that.

Yeah, I also like their features. This is really brilliant idea and BitMax team really did something different in Crypto Exchange.

Yeah they managed to  implement a  new technology into their exchange unlike the everyday exchange we see now and then!
Plus its profitable as well!   

yeah, they understand the importance of combining emerging technology with existing technology to create an impressive cryptocurrency trading platform

This will change concept of Crypto exchange? I think Yes, they can. I am not sure if any exchange started previously like a BitMax but this is I heard first time and even seen.

The trans-fee is not really a new concept but the reverse mining should be the first. I mean I've never seen an exchange do it; the trans-fee I think idex has something similar but not exactly they had free trading.

There are already a lot of Exchanges implanted this transection based mining operation in their exchanges! That soon messed up as there are so many Tokens in the Market to trade causing the demand to go ground level! Bitmax seemed to solve the problem with the reverse mining plan!   

[gee777]

The Bitmax exchange has some truly interesting features, the trans fee mining and reverse mining to me stands out because it is the first time I am actually seeing something like that.

Yeah, I also like their features. This is really brilliant idea and BitMax team really did something different in Crypto Exchange.

Yeah they managed to  implement a  new technology into their exchange unlike the everyday exchange we see now and then!
Plus its profitable as well!   

yeah, they understand the importance of combining emerging technology with existing technology to create an impressive cryptocurrency trading platform

This will change concept of Crypto exchange? I think Yes, they can. I am not sure if any exchange started previously like a BitMax but this is I heard first time and even seen.

The trans-fee is not really a new concept but the reverse mining should be the first. I mean I've never seen an exchange do it; the trans-fee I think idex has something similar but not exactly they had free trading.

There are already a lot of Exchanges implanted this transection based mining operation in their exchanges! That soon messed up as there are so many Tokens in the Market to trade causing the demand to go ground level! Bitmax seemed to solve the problem with the reverse mining plan!   

Wow. i thought that bitmax was the first to implement this trans fee mining feature on their exchange? I also read that they are the first to have a TPS of over 400,000.

[Getadaaa]

Bitmax model of exchange mining is mind blowing.
When you trade, your transaction fee doesn’t get lost. But it’s used to buy up BTMX. And you could get more BTMX from mining than you do when holding the exchange tokens. Does anyone have an idea how much is the transaction fee on Bitmax.io?