General Overview of BinanceMax DeFi Platform

General introduction

DeFi space has experienced a huge growth and adoption ever since its inception. Industry experts are working tirelessly to develop this financial technology , hence enabling it attracting mainstream adoption . Decentralized exchanges has played a vital role in the growth and development of Crypto industry. Majority of centralized exchanges are not safe and limiting the usage of cryptocurrencies. The likes of Uniswap and pancakeswap DEX has played a crucial role in the growth of crypto industry due to their trustless and secured nature. In this article, i will be discussing about BinanceMax Decentralized Exchanges platform . It is a new generation DeFi Platform that comprises so many beneficial DeFi products.

There are some unique features which distinguish BinanceMax Platform from any ever existing DeFi platform . Details about this shall be shared in this article. BinanceMax is the next generation DEX with various functionalities that cant be found in some DEX . Majority of these old DEX does not have some certain features like trading charts which allows traders to study and analyse market . This features are often find in Centralized exchange. Binance Max Swap will be offering this feature and some other outstanding features that will enable traders to trade successfully.

About BinanceMax

BinanceMax uses Automated Market Marker (AMM) , a protocol that provided market liquidity through Automation using the power of smart contract. As mentioned earlier, BinanceMax Dex incorporate features of CEX platform which allows traders to trade futures and Margin with up to 100x leverage . This functionality make BinanceMax stands out among other Decentralized exchanges. In addition to this, BinanceMax allows a daily lottery that allows from 5 to 50 BNB be drawn in which there will be 3 categories of winning prices.
Binance Max Platform have its own internal token (BMAX) . It is a token based on Binance Smart Chain . It allows holders to earn passively while holding the token . BMAX token have different utilities and its a community based token

BinanceMax Swap offers decentralized Automated Marketplace ( DAMM) , this Swap protocol allows users to exchange their cryptocurrencies in a secured and highly decentralized platform . The platform generates liquidity automatically . BinanceMax DeFi platform is revolutionary , its aiming to correct some slight shortcoming in the existing DEX platform . Its obvious , a platform Pancakeswap doesn't have Trading charts. It allows traders to trade blindly without following up the trade chart . This feature will be added in BinanceMax Swap platform to ensure smooth trading activities in a decentralized trading setup .

BMAX token : As stated earlier, it is the internal token of BinanceMax Platform issued on binance smart chain , it serves various utility purposes . It is a deflationary token that is self burning , auto liquidity generating (LP) which charges 5% of every transaction in the ecosystem . The functionality of BMAX token is not limited to Meme , it has various important use cases which is practically useful in the real world. Based on every transaction conducted in the ecosystem 5% tax are deducted. 3% of the 5% are distributed to the token holders while 2% are distributed to the lottery wallet . The 2% that goes to the lottery wallet are being distributed as winning to those qualified for daily lottery in the platform . The remaining 3% goes into liquidity generation and burn wallet. In the daily lottery up to 3 holders win up to 5 to 50 BNB token through lottery . #BMax #BinanceMax #presale #Defi #BSC #Dailylottery #Crypto

Conclusion ,

BinanceMax Platform is a revolutionary DeFi ecosystem that has been developed with the aim to solve problems and offer sustainable profitability to the investors. The platform offers wide range of DeFi products that will allows users to earn without limit . The lottery aspect of the platform is a huge plus , it allows users win up to 5 -50 BNB per day in daily draw. In addition, users earn passively in the platform . Hold your token in your wallet and earn from 3% tax levied of transactions in the platform.

Official Resources

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

Authorship
Bitcointalk username : beleful
Bitcointalk user profile url : https://bitcointalk.org/index.php?action=profile;u=2693998
BSC address: 0x69776E601226eaf07d8A5455eEb53eC63A2db8DE