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

[Nathan01]

Guys,.do you know bitmax.io going to launch volatility products?

Here is the link where you can find more information-
https://steemit.com/derivative/@cryptorani/bitmax-io-s-volatility-card-making-a-buzz-around-the-world

Bitmax really have a way to make products for different purpose and different seasons. They are quite flexible in operations. Which I think adds up to the important fact that makes them thrive till now

[Sozialtourist]

How people are staking BTMX tokens there? As I heard there is a possibility stake tokens and get rewards. Is this true? And how many % per day or per month is possible get here?

I am not exactly sure what you mean with staking. Don't think staking in the classical sense is possible for BTMX. Their is something called a "Data Usage Reward". This way you can lock your BTMX up and receive rewards for that. Don't really know your ROI for that tbh.

[Getadaaa]

Guys,.do you know bitmax.io going to launch volatility products?

Here is the link where you can find more information-
https://steemit.com/derivative/@cryptorani/bitmax-io-s-volatility-card-making-a-buzz-around-the-world

Bitmax really have a way to make products for different purpose and different seasons. They are quite flexible in operations. Which I think adds up to the important fact that makes them thrive till now

For the new boys in the crypto space to beat the oldies, they’ll have to be smart and fast. I think BitMax realized this and keep up with new trading products, promotions and meetups consistently.

[faulerwilli]

How people are staking BTMX tokens there? As I heard there is a possibility stake tokens and get rewards. Is this true? And how many % per day or per month is possible get here?

as I understand it, you get BTMX back as part of the trading fee if you do a lot of trades. But the volume has to be very high to be worth it.
It's much easier to buy a few thousand BTMXs, lock them and get daily data usage rewards in USDT. With this you can buy new BTMX for example:-)

[ning_aric]

I’ll have to congratulate BitMax team for the progress of the exchange so far. The developers behind the scenes has being killing it. In just a few months, BitMax has some features that makes it an option to users of the likes of binance, huobi and okex.

[Mrcharles]

Sounds great ..predictions of 24hrs price change will give the reward if the users who will correctly predict the range of price movement and value of rewards will be equal to notional value of the card..lets see what type of tokens they will give as a rewards bitmax token or any other??

The team should also consider including other timeline to the predictions like hourly, weekly etc to give users options and add some spice to the product. I guess predictions would be made in a variety of cryptocurrency and not just the traditional bitcoin and ethereum.

[Nathan01]

How people are staking BTMX tokens there? As I heard there is a possibility stake tokens and get rewards. Is this true? And how many % per day or per month is possible get here?

as I understand it, you get BTMX back as part of the trading fee if you do a lot of trades. But the volume has to be very high to be worth it.
It's much easier to buy a few thousand BTMXs, lock them and get daily data usage rewards in USDT. With this you can buy new BTMX for example:-)

Second option best for me. I tried trading in the exchange. Although it was quite easy and very sweet to use, I didn't get TXN fee back.

I check current price, I think it fell really bad https://coinmarketcap.com/currencies/bitmax-token/

[Anilbg]

Sounds great ..predictions of 24hrs price change will give the reward if the users who will correctly predict the range of price movement and value of rewards will be equal to notional value of the card..lets see what type of tokens they will give as a rewards bitmax token or any other??

The team should also consider including other timeline to the predictions like hourly, weekly etc to give users options and add some spice to the product. I guess predictions would be made in a variety of cryptocurrency and not just the traditional bitcoin and ethereum.

I think for start 24 hours timeline is good. Hourly might look fun for first few days but it will not be that interested is what I think.

[Lizcrypto]

How people are staking BTMX tokens there? As I heard there is a possibility stake tokens and get rewards. Is this true? And how many % per day or per month is possible get here?

as I understand it, you get BTMX back as part of the trading fee if you do a lot of trades. But the volume has to be very high to be worth it.
It's much easier to buy a few thousand BTMXs, lock them and get daily data usage rewards in USDT. With this you can buy new BTMX for example:-)

Second option best for me. I tried trading in the exchange. Although it was quite easy and very sweet to use, I didn't get TXN fee back.

I check current price, I think it fell really bad https://coinmarketcap.com/currencies/bitmax-token/

As of now the price movement is going down.. but this a good time  to invest in bitmax tokens.

[chan001]

How people are staking BTMX tokens there? As I heard there is a possibility stake tokens and get rewards. Is this true? And how many % per day or per month is possible get here?

as I understand it, you get BTMX back as part of the trading fee if you do a lot of trades. But the volume has to be very high to be worth it.
It's much easier to buy a few thousand BTMXs, lock them and get daily data usage rewards in USDT. With this you can buy new BTMX for example:-)

Second option best for me. I tried trading in the exchange. Although it was quite easy and very sweet to use, I didn't get TXN fee back.

I check current price, I think it fell really bad https://coinmarketcap.com/currencies/bitmax-token/

As of now the price movement is going down.. but this a good time  to invest in bitmax tokens.

Market is picking up and investors are coming back. Need to find some good projects which can give us good return.

[jumiapaul]

Sounds great ..predictions of 24hrs price change will give the reward if the users who will correctly predict the range of price movement and value of rewards will be equal to notional value of the card..lets see what type of tokens they will give as a rewards bitmax token or any other??

The team should also consider including other timeline to the predictions like hourly, weekly etc to give users options and add some spice to the product. I guess predictions would be made in a variety of cryptocurrency and not just the traditional bitcoin and ethereum.

I think for start 24 hours timeline is good. Hourly might look fun for first few days but it will not be that interested is what I think.

There's a saying that varieties is the spice of life. One of the reasons why cryptocurrency space is growing rapidly, is because they're diverse projects and people take interest in different ways. When products are structured to meet diverse users needs, it ought to consider the diversity of the market as well as the users. It would be preferable if  the volatility card is modelled to suit the diverse interest of people.

[ning_aric]

I just started trading, actually day trading, and I would like to buy a volatility card from BitMax to help out. Kinda be a guide and prevent huge losses. Where can I get these cards and how does it work?

[Getadaaa]

Sounds great ..predictions of 24hrs price change will give the reward if the users who will correctly predict the range of price movement and value of rewards will be equal to notional value of the card..lets see what type of tokens they will give as a rewards bitmax token or any other??

The team should also consider including other timeline to the predictions like hourly, weekly etc to give users options and add some spice to the product. I guess predictions would be made in a variety of cryptocurrency and not just the traditional bitcoin and ethereum.

I think it’s the first time we’ve seen a volatility product in the crypto trading space. I read through the thread and checked on google for feedbacks on the product. Unfortunately, I didn’t find any, just notification of people buying the product already.

[em777]

I just started trading, actually day trading, and I would like to buy a volatility card from BitMax to help out. Kinda be a guide and prevent huge losses. Where can I get these cards and how does it work?

I would advise you head straight to their telegram group or you can email their support I believe you will get the right answer you are looking for

[Sozialtourist]

Sounds great ..predictions of 24hrs price change will give the reward if the users who will correctly predict the range of price movement and value of rewards will be equal to notional value of the card..lets see what type of tokens they will give as a rewards bitmax token or any other??

It depends what you used to buy your card. There are cards that you for which you pay with BTMX and others you buy with USDT. So you'll either get USDT or BTMX back if your prediction was correct.

[ning_aric]

Mining rewards seems to have slowed down this week. I just checked my BitMax account, and the rewards was little lower than I expected. Is this because of the volatility products launch on BitMax?

[Getadaaa]

No, it actually has nothing to do with BitMax new volatility products which was announced few days back. The was an announcement on BitMax telegram group, mining was paused to get data on non-mining transactions. With no mining , there would be little or no mining rewards. Mining would be turned back soon, so there’s nothing to worry about.

Mining rewards seems to have slowed down this week. I just checked my BitMax account, and the rewards was little lower than I expected. Is this because of the volatility products launch on BitMax?

[mihacrypto]

No, it actually has nothing to do with BitMax new volatility products which was announced few days back. The was an announcement on BitMax telegram group, mining was paused to get data on non-mining transactions. With no mining , there would be little or no mining rewards. Mining would be turned back soon, so there’s nothing to worry about.

Mining rewards seems to have slowed down this week. I just checked my BitMax account, and the rewards was little lower than I expected. Is this because of the volatility products launch on BitMax?

I'm hoping that the extraction of this fossil will return. Though the price has dropped a lot

[Owillz]

Yeah. That’s right. I read about BitMax volatility products. I think to be the best exchange would need an extra feature that keeps BitMax users ahead of others. I can’t wait to get my hands on BitMax volatility products.

Btmx is a great exchange they are really doing a great job and I expect them to do more, as the market is stabilizing right I believe a lot of investors will get involve

I personally won't judge the market as being stabilized just yet. There is still a lot of volatility involved in the market just like the one experienced today. It still appears difficult to conclude on the stable Nature of the market presently.

[jumiapaul]

Sounds great ..predictions of 24hrs price change will give the reward if the users who will correctly predict the range of price movement and value of rewards will be equal to notional value of the card..lets see what type of tokens they will give as a rewards bitmax token or any other??

It depends what you used to buy your card. There are cards that you for which you pay with BTMX and others you buy with USDT. So you'll either get USDT or BTMX back if your prediction was correct.

It's a fair choice to adopt BTMX or USDT as the means of exchange for now, owing to the fact that the product just started, but I hope as time goes, other markets are considered like btc, ethereum, litecoin and the rest.