BinanceMax , An Innovative DeFi AMM Exchange platform developed on Binance Smart Chain

in #crypto4 years ago

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General Introduction

Several positive developments has taken place in Crypto industry . Amongst them includes AMM exchanges which allows decentralized listing and trading of digital assets. AMM dex has solved some major problems in Crypto market. In recent years, lots of project have failed,most of these projects after successful completion of their token sales always have difficulty listing their tokens due to complex listing criteria of and large sum required by some centralized exchanges. Some projects who were desperate to list their project in popular exchanges end up exhausting 85% of the fund raised for the project and left with no funds for their project future developments. The emergence of DeFi Dex such as Uniswap , Pancakeswap has put an end to this problems . These DeFi AMM dex allows decentralized listing and trading of projects token through Liquidity provision. This innovation is quite fantastic.

AMM platform has put an end to the monopolistic power weird by majority of these centralized exchanges, hence allowing seamless trade of cryptocurrency with high level of liquidity. Despite the benefits of these DeFi dex , there still exist some loopholes which needs to be checked. Proffesional traders will always like a trading environment where they will be able to study trade charts and some other trading tools for decision making .These resources are lacking in all these AMM dex because they are designed to swap one cryptocurrencies to another . In this article, i shall be broadly discussing about BinanceMax, a DeFi project which has been developed to solve some major problems in DeFi AMM system . Trading charts is an indispensable tools for traders. It guides traders , potray the trade situation which allows traders to make a concrete decision about their investments or trades. It is no longer a news that these features is lacking in majority of these DeFi AMM. The team of BinanceMax project has emerged to redesign the model by adding this feature to their DEX platform .The chart feature will enable transparency and simplify trading proccess. It will prevent traders from buying crypto blindly at excessive and unbudgeted price. Apart from this feature, there are other beneficial features of BinanceMax platform which i will highlight and discuss in this article.

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About BinanceMax Exchange

BinanceMax is a DeFi AMM Exchange platform developed on Binance Smart Chain . Primarily , it is a decentralized Automate Market Making exchange platform (AMM) intergrated with trading charts and some vital trading tools . BinanceMax is exceptional due to its model . It allows trading in Futures and Margin with up to 100x leverage . In addition, the platform sopport lottery service which allows at least up to 3 holders of BMAX qualified for daily lottery winning of 5- 50 BNB worth of BMAX. The team ensure trading is carried out in decentralized system despite incorporating some features of centralized exchanges like trade charts.

Features of the Project

(i) AMM EXCHANGE : BinanceMax offers innovative and remodelled AMM exchange platform that will enable traders to exchange their crypto assets in a transparent manner by offering of trading charts for traders. This tools will allow traders realized the exact price they are to purchase a particular crypto assets and preventing them from buying them at high price.

(ii) MARGIN/FUTURES TRADE : BinanceMax offers trades in Margin and futures. Its not limited to the regular crypcorruency trading . Users will be able to trade in Margin with up to 100x leverage.

(iii) COMMUNITY PLATFORM : BinanceMax is a community derived token owned solely by the community . Decision making in the platform is done by the member of the community

(Iv) DAILY LOTTERY 5-50 BNB WOTH OF BMAX: BinanceMax platform supports daily lottery. The lottery model encourages holding of BMAX and allows at least up to 3 holders of BMAX qualified for daily lottery winning of 5- 50 BNB worth of BMAX.

(v) BMAX token : This is the native token of BinanceMax DeFi ecosystem . It is purely community token . The token gives passive income to the holders because it is auto programmed in the way that 5% tax are deducted from every transaction inititated in the platform .Besides, it generates liquidity automatically and self burning . The total supply is 1, 000,000,000,000 . 20% of the token in supply will be burned shortly after the improvement of the platform . #BMax #BinanceMax #presale #Defi #BSC #Dailylottery #Crypto
Token Sales
Currently the presale whitelist is opened for interested investors. 350,000,000 BMAX = 1 BNB , this price is for private investors only . Click on this link to take part in the sales : https://app.unicrypt.network/amm/pancake-v2/ilo/0x89F2e475F55a663Ace846320AACe05fa833108fB

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Conclusion
BinanceMax platform will go a very long way .The project has emerged to reshape AMM Exchange and DeFi generally .The chart feature will enable transparency and simplify trading proccess. It will prevent traders from buying crypto blindly at excessive and unbudgeted price. BinaceMax is an ideal platform for an investors wanting to earn passive income . You dont have to lift a finger before earning passive income on th platform. Just buy and hold BMAX token in your wallet .

Roadmap

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Official Project Links

Website: https://binancemax.net/#/
Telegram Group: https://t.me/BinanceMax1
Discord: https://discord.gg/nY9srxnFTU
Twitter: https://twitter.com/Binance_Max

Authorship
Bitcointalk username :koremodupe
Bitcointalk profile url: https://bitcointalk.org/index.php?action=profile;u=2681359
bsc address: 0x92d259F369B02eF1d625C3F3bDc2F6b06A8BE272

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It is no longer news that these features are lacking in the majority.

This is a relevant project in cryptocurrency market. wish it succeed

yes i believe its going to be huge.

Margin and futures with high leverage ? This is good .

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