🔵🔵🔵 [ANN] BitMax.io Transaction Mining & Reverse-Mining ⚡️⚡️⚡️ - page 36.

em777

jr. member

Activity: 574

Merit: 1

when you are fed up transfer your crypto to me

Quote from: rapi on November 22, 2018, 07:22:55 AM

I am very happy they will expand their services at different levels. The advantage of this project is the high level of security.
I want to know can you explain how the security system works?

i read from their whitepaper that they want to use machine learning techniques to tackle security breaches i believe that is truly impressive and at the same time wonderful

Sozialtourist

full member

Activity: 686

Merit: 101

Does BitMax have plans to add new tokens or coins to their exchange? I mean, are there community votings or something similar about with token to list next?

ctrades31

newbie

Activity: 392

Merit: 0

Quote from: Nathan01 on November 22, 2018, 07:13:11 AM

Quote from: cryptossi on November 21, 2018, 07:01:36 PM

Quote from: Nathan01 on November 21, 2018, 06:40:25 PM

Quote from: CrypticBabe on November 20, 2018, 10:19:17 AM

Quote from: Nathan01 on November 19, 2018, 01:23:20 PM

Quote from: Kinkadeinspired on November 18, 2018, 09:09:58 AM

Quote from: ctrades31 on November 18, 2018, 05:43:44 AM

BitMax.io is pleased to announce lower withdrawal fees for all tokens. Please visit below link to know more details.

https://bitmaxhelp.zendesk.com/hc/en-us/articles/360012260433

I had a quick glance at the withdrawal fees and my word! They are so low for an exchange, judging by the the kind of ridiculous fees we have somehow become accustomed to, these fees from Bitmax is very cheap.

This are really ridiculous fees right now as per exchange withdrawal fee I can relate
It used to be 0.01 for eth as it is that I use mostly but 0.0025 is a very fair deal to me

The least i have seen for a exchange is 0.005eth for a ethereum withdrawal !
Its true they should reduce some fees but they also need to list some coins with low fees lile XLM and XRP!

This 2 coins are actually really doing great despite the times we are in
I think it will be really a smart move by the team to list the tokens now and couple with the huge volume already in the platform, it should be far before Bitmax is recognized

Wait, am I being dumb or are all withdrawal fees flat. Like it's not tiered depending on the size of the withdrawal? That's pretty amazing! So could you in theory withdraw 25 eth and only pay a 0.0025 eth fee?

According to what I read about the withdrawal fee, its flat and like you said pretty insane
I think they are trying to lower the ease of using the blockchain and its making loads of sense as well as attractive

Sorry guys that I am asking this question, but exactly what is the benefit of this transaction mining & reverse mining? I mean l am little bit confused about this.

gee777

member

Activity: 728

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.

Owillz

member

Activity: 532

Merit: 10

Quote from: rapi on November 22, 2018, 07:22:55 AM

I am very happy they will expand their services at different levels. The advantage of this project is the high level of security.
I want to know can you explain how the security system works?

The security is not the only visible advantage you know. The low price is a very big added advantage for me and it's a strong pulling force in my opinion. Many exchanges promise security but none give low commission like this. To the best of my knowledge

CrypticBabe

jr. member

Activity: 420

Merit: 2

I actually prefer to Trade from My Phone in a Secure way from the Exchange's Own App!
I really enjoyed trading on Bitmax, but they Don't seem to have a app yet!
Do they plan on having one soon?

rapi

member

Activity: 336

Merit: 10

I am very happy they will expand their services at different levels. The advantage of this project is the high level of security.
I want to know can you explain how the security system works?

Nathan01

member

Activity: 728

Merit: 11

DocTailor IEO on Zloadr

Quote from: cryptossi on November 21, 2018, 07:01:36 PM

Quote from: Nathan01 on November 21, 2018, 06:40:25 PM

Quote from: CrypticBabe on November 20, 2018, 10:19:17 AM

Quote from: Nathan01 on November 19, 2018, 01:23:20 PM

Quote from: Kinkadeinspired on November 18, 2018, 09:09:58 AM

Quote from: ctrades31 on November 18, 2018, 05:43:44 AM

BitMax.io is pleased to announce lower withdrawal fees for all tokens. Please visit below link to know more details.

https://bitmaxhelp.zendesk.com/hc/en-us/articles/360012260433

I had a quick glance at the withdrawal fees and my word! They are so low for an exchange, judging by the the kind of ridiculous fees we have somehow become accustomed to, these fees from Bitmax is very cheap.

This are really ridiculous fees right now as per exchange withdrawal fee I can relate
It used to be 0.01 for eth as it is that I use mostly but 0.0025 is a very fair deal to me

The least i have seen for a exchange is 0.005eth for a ethereum withdrawal !
Its true they should reduce some fees but they also need to list some coins with low fees lile XLM and XRP!

This 2 coins are actually really doing great despite the times we are in
I think it will be really a smart move by the team to list the tokens now and couple with the huge volume already in the platform, it should be far before Bitmax is recognized

Wait, am I being dumb or are all withdrawal fees flat. Like it's not tiered depending on the size of the withdrawal? That's pretty amazing! So could you in theory withdraw 25 eth and only pay a 0.0025 eth fee?

According to what I read about the withdrawal fee, its flat and like you said pretty insane
I think they are trying to lower the ease of using the blockchain and its making loads of sense as well as attractive

Ace44

member

Activity: 672

Merit: 11

Quote from: Geraldo on November 22, 2018, 01:54:16 AM

i understand that this thread is about bitmax.io transaction and reverse mining which is somewhat different from what i see in other exchanges. Instead of simply deducting the transaction fees from placed orders, here they would deduct the transaction fees from the users but later distributes back the BTMX tokens with the same value as the transaction fees as an incentive to users trading on the platform which is a great concept. this was stated to be launched some days back, Has anyone tried it?
how long would mining BTMX hold?

I don't think that the thread is strictly about transaction mining and reverse mining process but rather it has to do with everything concerning bitmax as a brand and yea, the generating of the tokens through the stated process is quite healthy for bitmax, it gives the token a purpose and not just all about buying and dumping like its the norm of the industry

im_not_dazzled

member

Activity: 325

Merit: 10

Quote from: ethtrader16 on November 22, 2018, 04:43:16 AM

Quote from: faulerwilli on November 21, 2018, 06:04:43 PM

I just wanted to buy some BTMX on their exchange. At the moment I only have ETH at my disposal. And just with ETH i can not trade BTMX. Does anyone know why? I'm reluctant to go the route via BTC or USDT

Might be the pair with ETH still not tradable yet? I never checked that but may be possible if ETH price doping drastically hence it's not allowing trade with ETH? We have too check with admin.

The ETH trading pair has grown well recent months.
By now, ETH play important roles in the volume of crypto market, and most of the contribution come from ETH trading pairs with tokens.
Despite the fact that sometime, ETH took over by XRP, or probably take over by anything else, ETH and its ecosystem has still been the second largest one in crypto.

ethtrader16

copper member

Activity: 658

Merit: 0

Empowering crypto w/ sustainable energy

Quote from: faulerwilli on November 21, 2018, 06:04:43 PM

I just wanted to buy some BTMX on their exchange. At the moment I only have ETH at my disposal. And just with ETH i can not trade BTMX. Does anyone know why? I'm reluctant to go the route via BTC or USDT

Might be the pair with ETH still not tradable yet? I never checked that but may be possible if ETH price doping drastically hence it's not allowing trade with ETH? We have too check with admin.

em777

jr. member

Activity: 574

Merit: 1

when you are fed up transfer your crypto to me

Quote from: AngelJoshua on November 21, 2018, 07:09:10 PM

Quote from: phantam on November 20, 2018, 09:17:33 PM

I think right now their trying to make sure everything continues to run smoothly, right now especially at the early stages of this project above all else they want to make sure every customer that joins decides to stay and come back

I agree, Instead of thinking about what's happening on the market they are making what they can do to do a lot of developments and progress of the project that will keep their investors and supporters stay.

from all indications bitmax are working to ensure they achieve all they have planned to achieve they are not moved by the market at all i have seen the level of work the team is putting into the project i believe they know what is at stake

Geraldo

sr. member

Activity: 588

Merit: 272

⭐⭐⭐⭐⭐

i understand that this thread is about bitmax.io transaction and reverse mining which is somewhat different from what i see in other exchanges. Instead of simply deducting the transaction fees from placed orders, here they would deduct the transaction fees from the users but later distributes back the BTMX tokens with the same value as the transaction fees as an incentive to users trading on the platform which is a great concept. this was stated to be launched some days back, Has anyone tried it?
how long would mining BTMX hold?

gee777

member

Activity: 728

Merit: 10

Quote from: Owillz on November 22, 2018, 01:40:02 AM

Quote from: ibininja on November 21, 2018, 06:23:48 AM

Quote from: chan001 on November 21, 2018, 06:03:42 AM

Quote from: AngelJoshua on November 20, 2018, 07:27:47 PM

Quote from: gee777 on November 20, 2018, 04:15:25 AM

Quote from: phantam on November 19, 2018, 07:44:00 PM

Is love to be able to track the growth if they could get integrated to coinmarketcap ASAP it would be really cool for growth

Getting listed on coinmarketcap should not really be a big deal for them, it would be easy getting the required amount of volumes needed to make it on coinmarketcap if they could do it on the day of the reverse and transaction mining. they can easily do it any day.

I agree, If they will going to have it it will also a big help to them to maintain both their exchange and tokens volumes. It's really a great way to support their own products with a lot of benefits for them also.

Bitmax is good exchange, and I don't think they will have any issues in getting listed at coinmarketcap. Anyone here already has account with Bitmax for trading? If yes, please share your experience.

I think aside from the low fee of trading the withdrawal fee is also low which I think could really be useful to end users and not limiting them. as some exchange offer low trading fee but high withdrawal fees.

Some funny exchange give you a minimum amount you must hold or deposit on their platform. And they take a huge part of your withdrawal is form of commissions. Can be very annoying when your withdrawal is not so much

BitMax will be seen as the first exchange with a very good customer service skill and also an exchange that always thinks about the opinion of their community.

Owillz

member

Activity: 532

Merit: 10

Quote from: ibininja on November 21, 2018, 06:23:48 AM

Quote from: chan001 on November 21, 2018, 06:03:42 AM

Quote from: AngelJoshua on November 20, 2018, 07:27:47 PM

Quote from: gee777 on November 20, 2018, 04:15:25 AM

Quote from: phantam on November 19, 2018, 07:44:00 PM

Is love to be able to track the growth if they could get integrated to coinmarketcap ASAP it would be really cool for growth

Getting listed on coinmarketcap should not really be a big deal for them, it would be easy getting the required amount of volumes needed to make it on coinmarketcap if they could do it on the day of the reverse and transaction mining. they can easily do it any day.

I agree, If they will going to have it it will also a big help to them to maintain both their exchange and tokens volumes. It's really a great way to support their own products with a lot of benefits for them also.

Bitmax is good exchange, and I don't think they will have any issues in getting listed at coinmarketcap. Anyone here already has account with Bitmax for trading? If yes, please share your experience.

I think aside from the low fee of trading the withdrawal fee is also low which I think could really be useful to end users and not limiting them. as some exchange offer low trading fee but high withdrawal fees.

Some funny exchange give you a minimum amount you must hold or deposit on their platform. And they take a huge part of your withdrawal is form of commissions. Can be very annoying when your withdrawal is not so much

ibininja

member

Activity: 490

Merit: 10

Quote from: phantam on November 21, 2018, 07:12:45 PM

Quote from: AngelJoshua on November 21, 2018, 07:09:10 PM

Quote from: phantam on November 20, 2018, 09:17:33 PM

I think right now their trying to make sure everything continues to run smoothly, right now especially at the early stages of this project above all else they want to make sure every customer that joins decides to stay and come back

I agree, Instead of thinking about what's happening on the market they are making what they can do to do a lot of developments and progress of the project that will keep their investors and supporters stay.

Exactly!!! It’s so good when projects sort of ignore what’s going on beyond their project and really bunker down and focus on their own projects future development

I completely agree with that but don't you think given the nature of this project the market matters? I mean exchange need to consider how the market is for the numbers to make sense.

phantam

full member

Activity: 546

Merit: 106

Bountyhive.io

Quote from: AngelJoshua on November 21, 2018, 07:09:10 PM

Quote from: phantam on November 20, 2018, 09:17:33 PM

I think right now their trying to make sure everything continues to run smoothly, right now especially at the early stages of this project above all else they want to make sure every customer that joins decides to stay and come back

I agree, Instead of thinking about what's happening on the market they are making what they can do to do a lot of developments and progress of the project that will keep their investors and supporters stay.

Exactly!!! It’s so good when projects sort of ignore what’s going on beyond their project and really bunker down and focus on their own projects future development

AngelJoshua

member

Activity: 630

Merit: 10

Quote from: phantam on November 20, 2018, 09:17:33 PM

I think right now their trying to make sure everything continues to run smoothly, right now especially at the early stages of this project above all else they want to make sure every customer that joins decides to stay and come back

I agree, Instead of thinking about what's happening on the market they are making what they can do to do a lot of developments and progress of the project that will keep their investors and supporters stay.

cryptossi

full member

Activity: 504

Merit: 106

★Bitvest.io★ Play Plinko or Invest!

Quote from: Nathan01 on November 21, 2018, 06:40:25 PM

Quote from: CrypticBabe on November 20, 2018, 10:19:17 AM

Quote from: Nathan01 on November 19, 2018, 01:23:20 PM

Quote from: Kinkadeinspired on November 18, 2018, 09:09:58 AM

Quote from: ctrades31 on November 18, 2018, 05:43:44 AM

BitMax.io is pleased to announce lower withdrawal fees for all tokens. Please visit below link to know more details.

https://bitmaxhelp.zendesk.com/hc/en-us/articles/360012260433

I had a quick glance at the withdrawal fees and my word! They are so low for an exchange, judging by the the kind of ridiculous fees we have somehow become accustomed to, these fees from Bitmax is very cheap.

This are really ridiculous fees right now as per exchange withdrawal fee I can relate
It used to be 0.01 for eth as it is that I use mostly but 0.0025 is a very fair deal to me

The least i have seen for a exchange is 0.005eth for a ethereum withdrawal !
Its true they should reduce some fees but they also need to list some coins with low fees lile XLM and XRP!

This 2 coins are actually really doing great despite the times we are in
I think it will be really a smart move by the team to list the tokens now and couple with the huge volume already in the platform, it should be far before Bitmax is recognized

Wait, am I being dumb or are all withdrawal fees flat. Like it's not tiered depending on the size of the withdrawal? That's pretty amazing! So could you in theory withdraw 25 eth and only pay a 0.0025 eth fee?

Nathan01

member

Activity: 728

Merit: 11

DocTailor IEO on Zloadr

Quote from: CrypticBabe on November 20, 2018, 10:19:17 AM

Quote from: Nathan01 on November 19, 2018, 01:23:20 PM

Quote from: Kinkadeinspired on November 18, 2018, 09:09:58 AM

Quote from: ctrades31 on November 18, 2018, 05:43:44 AM

BitMax.io is pleased to announce lower withdrawal fees for all tokens. Please visit below link to know more details.

https://bitmaxhelp.zendesk.com/hc/en-us/articles/360012260433

I had a quick glance at the withdrawal fees and my word! They are so low for an exchange, judging by the the kind of ridiculous fees we have somehow become accustomed to, these fees from Bitmax is very cheap.

This are really ridiculous fees right now as per exchange withdrawal fee I can relate
It used to be 0.01 for eth as it is that I use mostly but 0.0025 is a very fair deal to me

The least i have seen for a exchange is 0.005eth for a ethereum withdrawal !
Its true they should reduce some fees but they also need to list some coins with low fees lile XLM and XRP!

This 2 coins are actually really doing great despite the times we are in
I think it will be really a smart move by the team to list the tokens now and couple with the huge volume already in the platform, it should be far before Bitmax is recognized

Topic: 🔵🔵🔵 [ANN] BitMax.io Transaction Mining & Reverse-Mining ⚡️⚡️⚡️ - page 36. (Read 39402 times)