BITMAX: A UNIQUE AUTONOMOUS EXCHANGE

ace44 (41)in #blockchain • 6 years ago

This article is based on my personal review on the stated project, its not an investment advise but a guide to give investors on some notable brands that may likely make remarkable impact in the blockchain industry.

The blockchain industry is becoming a known phenomenon, competitive and with competition comes innovation, ushering in a new era of creative concepts from brands that try to outperform each other and sometimes we get confused on which to go for but this article is not about some random project but about a project which i believe is here to change the blockchain exchange niche as we know it.

Exchanges in the blockchain industry has so far been questionable, either in the aspect of security, corrupt practices and ridiculous amount of cash required to get in and not to mention the poor creativity concept and lack of communication between the brands and the community. So, i recently spotted Bitmax, yes, you must have heard about the name but if you haven't, this article will explain the succinct approach of the concept

BITMAX
Nothing intrigues me more than a community based brand, the community matters a lot in brand development and just like i stated above, not all brand see such as a necessity but that's actually the core concept upon which BITMAX brand was built. Bitmax is an entirely community based exchange, leveraging on the power of the community to become a formidable exchange. Users of the exchange can participate in various activities like mining, transaction mining, project voting and participation in the construction of the mining pool.

Its a known fact that many exchange sites profit heavily from collecting transaction fees from traders and with each trading transaction, a certain amount is collected. Bitmax tends to change that by involving the community in this process through the creative process of trans-fee-mining, it eradicates the need for transaction fees and instead create an avenue whereby users will get bitmax tokens(BTMX) by executing trades. This will not only encourage traders to be actively involved but will also increase the value of the token.
[https://bitmax.io/#/home]
Security is a crucial aspect in an exchange platform and Bitmax tends to create a platform that is much more secure than what we are used to by cooperating with a top security brand that will ensure adequate security, inculcating transparency in the entire ecosystem. Bitmax aims to be innovative by implementing future technologies such as artificial intelligence (AI) to help them achieve their aim of becoming a sustainable exchange platform.

Bitmax is not some virtual thing, communication is something that they consider serious, hence their activeness in community meetups, bridging any communication gap and providing the community with enough reasons to get actively involve. The effect of such can be felt in the increasing number of their community base. The proactive nature of the team and their dedication is intriguing, not to mention their continuous hosting of AMAs and so far they are doing just fine in their quest to create the first unique, autonomous exchange in the blockchain industry. To become part of the community, do click on any of the links below