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Topic: 🔵🔵🔵 [ANN] BitMax.io Transaction Mining & Reverse-Mining ⚡️⚡️⚡️ - page 33. (Read 39438 times)

member
Activity: 672
Merit: 11
I think am really up for the whole mining concept here hopefully we get to have some tokens through transaction fee I really like the whole concept they bring it seem pretty unique qnd implementation is really great am looking forward to this and more UI and whole layout looks like Kucoin I think it set the environment ready there

You're right about the concept being unique and that's one of the attractive feature that has attracted a lot of individuals into the project, its quite an advance technology but has eradicated some loopholes that we get to see in most, if not all exchange websites, so its a really welcome development that will help traders achieve their aims
copper member
Activity: 644
Merit: 1
An important feature I have come to love over time is the reverse mining feature. It is absolutely amazing to simply earn a token by trading on the exchange.
member
Activity: 728
Merit: 10

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 haven't to be honest; I did not even KYC Tongue hopefully will try it out this weekend. the issue is there is nothing to trade for me right now; I mean the market is not helping at all.

Yeah. Same here. The market is not encouraging so trading right now is a no go area for me. Only traders would be able to do that now.
member
Activity: 490
Merit: 10

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 haven't to be honest; I did not even KYC Tongue hopefully will try it out this weekend. the issue is there is nothing to trade for me right now; I mean the market is not helping at all.
full member
Activity: 1470
Merit: 103
COMBO 2.0
I think am really up for the whole mining concept here hopefully we get to have some tokens through transaction fee I really like the whole concept they bring it seem pretty unique qnd implementation is really great am looking forward to this and more UI and whole layout looks like Kucoin I think it set the environment ready there
full member
Activity: 686
Merit: 101

Lol, everyone is on the look out for the market to get better before implementing anything significant on their platform I’d like to believe BitMax is a party to this.

If you ask me, they shouldn't focus that much on the whole market situation. I am sure they have set themselves some development goals/milestones they want to achieve. It makes no sense to slow things down only because the market doesn't look good atm.
copper member
Activity: 224
Merit: 1

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.

Lol, everyone is on the look out for the market to get better before implementing anything significant on their platform I’d like to believe BitMax is a party to this.
full member
Activity: 504
Merit: 106
★Bitvest.io★ Play Plinko or Invest!

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.
member
Activity: 630
Merit: 10
I saw that bitmax are the first to start the transaction mining and reverse mining and I was really impressed. This are the kind of major improvements the industry need and its good that we have one that has stepped up the game.

Yea, they are the first to offer such in the crypto exchange industry and i believe that will seriously give them an edge, on the day of the launch of the transaction mining process, they experienced a rapid rise in their membership base, which is an indication that people are watching and quite impressed with the technology, which is a good thing for the brand

It is an interesting approach however wouldn't this impact their profits? what is the business model behind them. I was surprised to know they got like 50k users already and more than 1 mil in daily volume. I think they've operated for few months only.

Yeah, Never expected that they having that already! Just for a few months for a new exchange right? Plus they are having some unique features that will going to help them make more than of it than volumes!
full member
Activity: 546
Merit: 106
Bountyhive.io

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
jr. member
Activity: 574
Merit: 1
when you are fed up transfer your crypto to me
I find this thread which is specific for bitmax.io mining both for transactions and the reverse mining. Reverse mining on bitmax makes bitmax different from other exchanges. I opened an account on bitmax already. But have no idea how it works. Is there a tutorial on how Reverse mining works? (A YouTube would be preferred)
Found this link on their Twitter channel https://twitter.com/BitMax_Official/status/1063382697639170048?s=19 although I have not seen it but the caption says tutorial for the reverse and transaction mining.

I went further and visited the attached YouTube link, it's a very short video with diagrams explaining on how bitmax operates. Although it was in Chinese

yeah, i saw that video i really think the team should release an English version so that the non-Chinese users can get access to the same information
full member
Activity: 994
Merit: 140

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
member
Activity: 728
Merit: 11
DocTailor IEO on Zloadr

Actually, I'm a big fan of Bitmax. But the language chaos on their side does not make a good impression. When I click on "New Listings," I come to a page with Chinese characters. The links on the English page should lead to other English pages

One downaide I've noticed as well, glad you pointed it out at the earliest
Although I use yandex browser primarily when I visit the exchange I switch to Chrome browser so I can switch languages at ease
member
Activity: 420
Merit: 11

Actually, I'm a big fan of Bitmax. But the language chaos on their side does not make a good impression. When I click on "New Listings," I come to a page with Chinese characters. The links on the English page should lead to other English pages

True, I also think that they should make English their primary language and the Chinese secondary, another thing, I want to believe that they are working on an upgraded website because the current one is a joke for an exchange website.

They should have an automatic translate feature other sites have, i hope they are working on this and fixing it anyway possible. They need to be 100% better than the rest.
Yeap! They should have different Languages for different Regions. It makes people feel more like home to trade in Bitmax.
That'll make a solid difference from other exchange!   

I think when a new exchange start their business, the support in several languages is not the first priority. I guess they will implement this in the near future.
jr. member
Activity: 420
Merit: 2

Actually, I'm a big fan of Bitmax. But the language chaos on their side does not make a good impression. When I click on "New Listings," I come to a page with Chinese characters. The links on the English page should lead to other English pages

True, I also think that they should make English their primary language and the Chinese secondary, another thing, I want to believe that they are working on an upgraded website because the current one is a joke for an exchange website.

They should have an automatic translate feature other sites have, i hope they are working on this and fixing it anyway possible. They need to be 100% better than the rest.
Yeap! They should have different Languages for different Regions. It makes people feel more like home to trade in Bitmax.
That'll make a solid difference from other exchange!   
member
Activity: 728
Merit: 10

Actually, I'm a big fan of Bitmax. But the language chaos on their side does not make a good impression. When I click on "New Listings," I come to a page with Chinese characters. The links on the English page should lead to other English pages

True, I also think that they should make English their primary language and the Chinese secondary, another thing, I want to believe that they are working on an upgraded website because the current one is a joke for an exchange website.

They should have an automatic translate feature other sites have, i hope they are working on this and fixing it anyway possible. They need to be 100% better than the rest.
member
Activity: 672
Merit: 11

Actually, I'm a big fan of Bitmax. But the language chaos on their side does not make a good impression. When I click on "New Listings," I come to a page with Chinese characters. The links on the English page should lead to other English pages

Your definitly not wrong that’s something so simple but often overlooked and it’s one of things that makes a super big problem for people and their trust. I find it mostly in Chinese groups they misunderstand just how vain westerners are and how much seeing unusual characters and languages make them when it comes to using a product

Proper communication is of utmost importance in brand building and i believe the team understand this, so they should think of means to do such, they are targeting the globe and not just the Asian community, this is what they should understand, they are offering something good to the community and they need to carry all along not to miss out on good investors 
copper member
Activity: 658
Merit: 0
Empowering crypto w/ sustainable energy

Actually, I'm a big fan of Bitmax. But the language chaos on their side does not make a good impression. When I click on "New Listings," I come to a page with Chinese characters. The links on the English page should lead to other English pages
True, it's should be auto transalet in respective languages as depends on country. Admin can think about it and it will really much helpful.
copper member
Activity: 644
Merit: 1

Actually, I'm a big fan of Bitmax. But the language chaos on their side does not make a good impression. When I click on "New Listings," I come to a page with Chinese characters. The links on the English page should lead to other English pages

True, I also think that they should make English their primary language and the Chinese secondary, another thing, I want to believe that they are working on an upgraded website because the current one is a joke for an exchange website.
member
Activity: 490
Merit: 10
I saw that bitmax are the first to start the transaction mining and reverse mining and I was really impressed. This are the kind of major improvements the industry need and its good that we have one that has stepped up the game.

Yea, they are the first to offer such in the crypto exchange industry and i believe that will seriously give them an edge, on the day of the launch of the transaction mining process, they experienced a rapid rise in their membership base, which is an indication that people are watching and quite impressed with the technology, which is a good thing for the brand

It is an interesting approach however wouldn't this impact their profits? what is the business model behind them. I was surprised to know they got like 50k users already and more than 1 mil in daily volume. I think they've operated for few months only.
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