🔵🔵🔵 [ANN] BitMax.io Transaction Mining & Reverse-Mining ⚡️⚡️⚡️ - page 5.

Mrcharles

copper member

Activity: 336

Merit: 5

Quote from: Leo1190 on October 21, 2019, 03:44:15 AM

Quote from: ning_aric on October 21, 2019, 03:18:32 AM

Quote from: Leo1190 on October 21, 2019, 01:28:43 AM

Quote from: Getadaaa on October 20, 2019, 03:27:21 PM

If you’re a newbie to cryptocurrency trading or development, I’ll refer you to BitMax because you’ll stand a better chance of not being rekted. That’s because BitMax team seems to be transparent. I think people need to read the latest blog from Shane and learn about liquidity experts.

I have read the recent blog from Shane about Bitmax and yes he explained Bitmax it well and also how a exchange should be. And I totally agree with with your point that it will be suitable for newcomers as I'm also one of them.

I started out on BitMax myself. Participated in trading competition of some newly listed tokens, and got rewarded when I did win. I agree with you, BitMax is one exchange with a transparent team. I like the fact that they do well to educate the users on every token before IEO or Listing. Awesome.

Wow your personal experience is really thrilling me and thank you for this information especially the education on every token IEO listing. I'm definitely going to use this exchange as it's really user friendly and cool.

Bitmax policy of educating her users and partners is quite impressive and should be encouraged among other exchanges. Most people are ignorant about the workings of the cryptocurrency space and would make more contribution to the sector if they are aware of how it works.

jumiapaul

copper member

Activity: 336

Merit: 3

Quote from: ning_aric on October 21, 2019, 03:18:32 AM

Quote from: Leo1190 on October 21, 2019, 01:28:43 AM

Quote from: Getadaaa on October 20, 2019, 03:27:21 PM

If you’re a newbie to cryptocurrency trading or development, I’ll refer you to BitMax because you’ll stand a better chance of not being rekted. That’s because BitMax team seems to be transparent. I think people need to read the latest blog from Shane and learn about liquidity experts.

I have read the recent blog from Shane about Bitmax and yes he explained Bitmax it well and also how a exchange should be. And I totally agree with with your point that it will be suitable for newcomers as I'm also one of them.

I started out on BitMax myself. Participated in trading competition of some newly listed tokens, and got rewarded when I did win. I agree with you, BitMax is one exchange with a transparent team. I like the fact that they do well to educate the users on every token before IEO or Listing. Awesome.

One of the attributes I admire about the Bitmax exchange is the nature of their products. I've read about the several products that have been launched by the exchange and these products are quite innovative and would keep virtually every customer satisfied. In summation, Bitmax exchange is a combination of unique and innovative products coupled with the transparency and integrity which the platform exhumes.

gee777

member

Activity: 728

Merit: 10

Quote from: Leo1190 on October 21, 2019, 03:44:15 AM

Quote from: ning_aric on October 21, 2019, 03:18:32 AM

Quote from: Leo1190 on October 21, 2019, 01:28:43 AM

Quote from: Getadaaa on October 20, 2019, 03:27:21 PM

If you’re a newbie to cryptocurrency trading or development, I’ll refer you to BitMax because you’ll stand a better chance of not being rekted. That’s because BitMax team seems to be transparent. I think people need to read the latest blog from Shane and learn about liquidity experts.

I have read the recent blog from Shane about Bitmax and yes he explained Bitmax it well and also how a exchange should be. And I totally agree with with your point that it will be suitable for newcomers as I'm also one of them.

I started out on BitMax myself. Participated in trading competition of some newly listed tokens, and got rewarded when I did win. I agree with you, BitMax is one exchange with a transparent team. I like the fact that they do well to educate the users on every token before IEO or Listing. Awesome.

Wow your personal experience is really thrilling me and thank you for this information especially the education on every token IEO listing. I'm definitely going to use this exchange as it's really user friendly and cool.

I also have same experience with bitmax. I remember when bitmax started, I took part in all their competitions and bounties and the team always kept to their words.

Ace44

member

Activity: 672

Merit: 11

Quote from: Mrcharles on October 21, 2019, 02:00:16 AM

Quote from: Anilbg on October 21, 2019, 12:15:13 AM

Quote from: Maebeo2017 on October 20, 2019, 03:35:14 PM

Quote from: Leo1190 on October 20, 2019, 06:36:32 AM

Quote from: em777 on October 20, 2019, 02:50:41 AM

Quote from: Nathan01 on October 20, 2019, 02:16:38 AM

Hey is it possible that Bitmax could build a decentralized wallet separate from its main exchange platform. Maybe that could make more effective the transparency they have been striving about and give them some credibility.

I really don't know how that will ensure credibility but I feel they can do more by vetting every project thoroughly before getting them listed on their platform

I guess exchange comes with their own wallet so is there any need for separate wallet? But as far as transparency is concerned you raised a good point.

Yeah I quite agree with Nathan here and Em777 raised also good points but causing decentralization in the system may destabilize a whole lot.

What I understand is that token supply is the main issue with most of the scam/unfriendly projects. If the project is listed at one exchange then that exchange can keep watch on supply, but what if project is listed at multiple exchanges then how to track that ?

When the project is listed on several exchanges and all the exchange has a structured process in ensuring that the circulating supply is checkmated, then it would be possible to address the issues since a report could be sent from one exchange to another to verify the amount of tokens in their coffers. But the issue is that we have much more scam exchange who are after their own purse and would easily compromise for their personal benefit.

You really do have a point, i think what the industry need is a synergy between brands, like an association kind of thing, with such in place, they can easily checkmate themselves and inform the leaders of bad projects, such is really needed to help create a strong business environment, its done in the conventional system and the blockchain industry should do same

Leo1190

jr. member

Activity: 124

Merit: 1

Quote from: ning_aric on October 21, 2019, 03:18:32 AM

Quote from: Leo1190 on October 21, 2019, 01:28:43 AM

Quote from: Getadaaa on October 20, 2019, 03:27:21 PM

If you’re a newbie to cryptocurrency trading or development, I’ll refer you to BitMax because you’ll stand a better chance of not being rekted. That’s because BitMax team seems to be transparent. I think people need to read the latest blog from Shane and learn about liquidity experts.

I have read the recent blog from Shane about Bitmax and yes he explained Bitmax it well and also how a exchange should be. And I totally agree with with your point that it will be suitable for newcomers as I'm also one of them.

I started out on BitMax myself. Participated in trading competition of some newly listed tokens, and got rewarded when I did win. I agree with you, BitMax is one exchange with a transparent team. I like the fact that they do well to educate the users on every token before IEO or Listing. Awesome.

Wow your personal experience is really thrilling me and thank you for this information especially the education on every token IEO listing. I'm definitely going to use this exchange as it's really user friendly and cool.

ning_aric

full member

Activity: 826

Merit: 102

Quote from: Leo1190 on October 21, 2019, 01:28:43 AM

Quote from: Getadaaa on October 20, 2019, 03:27:21 PM

If you’re a newbie to cryptocurrency trading or development, I’ll refer you to BitMax because you’ll stand a better chance of not being rekted. That’s because BitMax team seems to be transparent. I think people need to read the latest blog from Shane and learn about liquidity experts.

I have read the recent blog from Shane about Bitmax and yes he explained Bitmax it well and also how a exchange should be. And I totally agree with with your point that it will be suitable for newcomers as I'm also one of them.

I started out on BitMax myself. Participated in trading competition of some newly listed tokens, and got rewarded when I did win. I agree with you, BitMax is one exchange with a transparent team. I like the fact that they do well to educate the users on every token before IEO or Listing. Awesome.

Maebeo2017

jr. member

Activity: 242

Merit: 1

I am A Champion for all I care

Quote from: jumiapaul on October 21, 2019, 01:50:04 AM

Quote from: Getadaaa on October 20, 2019, 03:27:21 PM

If you’re a newbie to cryptocurrency trading or development, I’ll refer you to BitMax because you’ll stand a better chance of not being rekted. That’s because BitMax team seems to be transparent. I think people need to read the latest blog from Shane and learn about liquidity experts.

I agree with you, the exchange platform has been faithful in showcasing to the world their attribute of transparency and this has built up trust in the exchange over the years. I would personally refer anyone that needs a trust worthy platform to BitMax exchange because they have all it takes to give all users optimum satisfaction.

I came close to Bitmax through George Cao. At the time he was as ambitious and active on Twitter like CZ. We follow each other and he would be so transparent about the working of the platform. I don't what changed. I hope they are fully set for work.

Nathan01

member

Activity: 728

Merit: 11

DocTailor IEO on Zloadr

Quote from: Ace44 on October 20, 2019, 04:33:17 PM

Quote from: ning_aric on October 20, 2019, 02:15:43 AM

Quote from: Ace44 on October 19, 2019, 04:33:41 PM

Quote from: Getadaaa on October 19, 2019, 12:28:39 PM

A causal cryptocurrency exchange listed on coinmarketcap would record over $100000 trade on a daily. Exchanges in the top ten like BitMax, Gemini, Coinbase Pro and Binance, records ~10% of the total trade volume. That’s a lot of profits for these exchanges if you do the maths right, and more profit (or loss) for the traders as well.
Exchanges are gone past being a marketplace, they encompass all aspects of trade facilitation. They have to be seen as one platform with a vital role in the ecosystem.

You're right, they are more or less like a multi-million dollar industry which indicates a positive signal and how the growth of the blockchain industry can turn from nothing into something profitable, that's the more reason why the globe should come in and accept the industry because of lot of innovations that can revolutionize the world can occur in the shortest duration with blockchain

I think the cryptocurrency world has come a long way, and with every step of it has been exchanges, doing what they do best which is providing liquidity for cryptocurrencies and a portal for newbies to buy crypto. BitMax is playing an exemplary role, decisions on BitMax are made by the community. And they seem to be transparent with every action.

It has indeed come a long way but a lot of implementation still needs to be done and the expectation of the community has been a bit reduced from the previous years be that as it may, it will take the full support of the community and the coming in of vibrant projects to turn the situation around, i'm a big fan of this industry because it tends to breakdown a lot of bureaucratic process

Nah I don't subscribe to this. Expectation didn't reduce in anyway. In fact it went up. Reason why we don't have project selling out anymore as they used to in the past. Meaning that requirements and expectation went up. Really high.

Mrcharles

copper member

Activity: 336

Merit: 5

Quote from: Anilbg on October 21, 2019, 12:15:13 AM

Quote from: Maebeo2017 on October 20, 2019, 03:35:14 PM

Quote from: Leo1190 on October 20, 2019, 06:36:32 AM

Quote from: em777 on October 20, 2019, 02:50:41 AM

Quote from: Nathan01 on October 20, 2019, 02:16:38 AM

Hey is it possible that Bitmax could build a decentralized wallet separate from its main exchange platform. Maybe that could make more effective the transparency they have been striving about and give them some credibility.

I really don't know how that will ensure credibility but I feel they can do more by vetting every project thoroughly before getting them listed on their platform

I guess exchange comes with their own wallet so is there any need for separate wallet? But as far as transparency is concerned you raised a good point.

Yeah I quite agree with Nathan here and Em777 raised also good points but causing decentralization in the system may destabilize a whole lot.

What I understand is that token supply is the main issue with most of the scam/unfriendly projects. If the project is listed at one exchange then that exchange can keep watch on supply, but what if project is listed at multiple exchanges then how to track that ?

When the project is listed on several exchanges and all the exchange has a structured process in ensuring that the circulating supply is checkmated, then it would be possible to address the issues since a report could be sent from one exchange to another to verify the amount of tokens in their coffers. But the issue is that we have much more scam exchange who are after their own purse and would easily compromise for their personal benefit.

jumiapaul

copper member

Activity: 336

Merit: 3

Quote from: Getadaaa on October 20, 2019, 03:27:21 PM

If you’re a newbie to cryptocurrency trading or development, I’ll refer you to BitMax because you’ll stand a better chance of not being rekted. That’s because BitMax team seems to be transparent. I think people need to read the latest blog from Shane and learn about liquidity experts.

I agree with you, the exchange platform has been faithful in showcasing to the world their attribute of transparency and this has built up trust in the exchange over the years. I would personally refer anyone that needs a trust worthy platform to BitMax exchange because they have all it takes to give all users optimum satisfaction.

Leo1190

jr. member

Activity: 124

Merit: 1

Quote from: Getadaaa on October 20, 2019, 03:27:21 PM

If you’re a newbie to cryptocurrency trading or development, I’ll refer you to BitMax because you’ll stand a better chance of not being rekted. That’s because BitMax team seems to be transparent. I think people need to read the latest blog from Shane and learn about liquidity experts.

I have read the recent blog from Shane about Bitmax and yes he explained Bitmax it well and also how a exchange should be. And I totally agree with with your point that it will be suitable for newcomers as I'm also one of them.

Anilbg

jr. member

Activity: 406

Merit: 2

Quote from: Maebeo2017 on October 20, 2019, 03:35:14 PM

Quote from: Leo1190 on October 20, 2019, 06:36:32 AM

Quote from: em777 on October 20, 2019, 02:50:41 AM

Quote from: Nathan01 on October 20, 2019, 02:16:38 AM

Hey is it possible that Bitmax could build a decentralized wallet separate from its main exchange platform. Maybe that could make more effective the transparency they have been striving about and give them some credibility.

I really don't know how that will ensure credibility but I feel they can do more by vetting every project thoroughly before getting them listed on their platform

I guess exchange comes with their own wallet so is there any need for separate wallet? But as far as transparency is concerned you raised a good point.

Yeah I quite agree with Nathan here and Em777 raised also good points but causing decentralization in the system may destabilize a whole lot.

What I understand is that token supply is the main issue with most of the scam/unfriendly projects. If the project is listed at one exchange then that exchange can keep watch on supply, but what if project is listed at multiple exchanges then how to track that ?

Ace44

member

Activity: 672

Merit: 11

Quote from: ning_aric on October 20, 2019, 02:15:43 AM

Quote from: Ace44 on October 19, 2019, 04:33:41 PM

Quote from: Getadaaa on October 19, 2019, 12:28:39 PM

A causal cryptocurrency exchange listed on coinmarketcap would record over $100000 trade on a daily. Exchanges in the top ten like BitMax, Gemini, Coinbase Pro and Binance, records ~10% of the total trade volume. That’s a lot of profits for these exchanges if you do the maths right, and more profit (or loss) for the traders as well.
Exchanges are gone past being a marketplace, they encompass all aspects of trade facilitation. They have to be seen as one platform with a vital role in the ecosystem.

You're right, they are more or less like a multi-million dollar industry which indicates a positive signal and how the growth of the blockchain industry can turn from nothing into something profitable, that's the more reason why the globe should come in and accept the industry because of lot of innovations that can revolutionize the world can occur in the shortest duration with blockchain

I think the cryptocurrency world has come a long way, and with every step of it has been exchanges, doing what they do best which is providing liquidity for cryptocurrencies and a portal for newbies to buy crypto. BitMax is playing an exemplary role, decisions on BitMax are made by the community. And they seem to be transparent with every action.

It has indeed come a long way but a lot of implementation still needs to be done and the expectation of the community has been a bit reduced from the previous years be that as it may, it will take the full support of the community and the coming in of vibrant projects to turn the situation around, i'm a big fan of this industry because it tends to breakdown a lot of bureaucratic process

Maebeo2017

jr. member

Activity: 242

Merit: 1

I am A Champion for all I care

Quote from: Leo1190 on October 20, 2019, 06:36:32 AM

Quote from: em777 on October 20, 2019, 02:50:41 AM

Quote from: Nathan01 on October 20, 2019, 02:16:38 AM

Hey is it possible that Bitmax could build a decentralized wallet separate from its main exchange platform. Maybe that could make more effective the transparency they have been striving about and give them some credibility.

I really don't know how that will ensure credibility but I feel they can do more by vetting every project thoroughly before getting them listed on their platform

I guess exchange comes with their own wallet so is there any need for separate wallet? But as far as transparency is concerned you raised a good point.

Yeah I quite agree with Nathan here and Em777 raised also good points but causing decentralization in the system may destabilize a whole lot.

Nathan01

member

Activity: 728

Merit: 11

DocTailor IEO on Zloadr

Quote from: em777 on October 20, 2019, 02:50:41 AM

Quote from: Nathan01 on October 20, 2019, 02:16:38 AM

Hey is it possible that Bitmax could build a decentralized wallet separate from its main exchange platform. Maybe that could make more effective the transparency they have been striving about and give them some credibility.

I really don't know how that will ensure credibility but I feel they can do more by vetting every project thoroughly before getting them listed on their platform

BitMax is running a centralized system which explains why people still have some forms of doubt with the system and it's totally possible to have a decentralized wallet combined with the exchange. Some top exchange already doing this.

Ace44

member

Activity: 672

Merit: 11

Quote from: Mrcharles on October 20, 2019, 12:04:34 PM

Quote from: Ace44 on October 19, 2019, 11:10:06 AM

Quote from: Nathan01 on October 19, 2019, 09:57:56 AM

Quote from: Mrcharles on October 19, 2019, 06:10:23 AM

An article was released a few hours ago on the roles of cryptocurrency exchange on the digital asset ecosystem. I must confess that the article is worth every moment spent on reading it. It was, in fact, a write up by Shane Molidor the global head of business development of BitMax Exchange. The link is at the beginning of the thread, but for convenience, you can use this - https://steemit.com/bitmax/@cryptorani/how-important-exchange-role-in-digital-asset-ecosystem

I personally feel this article was to address some issues with $Deep tokens. I believe Shane did a good job with writing it the way he did. From the article one could deduce he is no longer working with them but have good thing to say about the exchange.

Its a shame that it has to go down the way it did with deepcloud, bitmax started pretty strong and i believe they want to stay that way, the issue has also brought bitmax to the front-line of "don't mess with me" kinda exchange, so any brand going into any sought of partnership with them should adhere by the rules of which they have created, so that both parties involve will excel

In my opinion, that's the best way to go about it. I have a strong conviction that if every cryptocurrency exchange requires the upcoming projects to adhere to strict requirements, it would assist in sieving out many scam projects and give the cryptocurrency industry a better chance to reclaim her lost reputation. Its an agreeable fact that scam projects always want the easy way out since they are not up for long term.

You're right and i do agree with on the lost reputation thing, the industry has been affected deeply by bad folks, the repercussion is what we are seeing today, imagine what would have become of the industry if rules has been strictly adhered to, i believe by now many would have been smiling to the bank but tomorrow will be better and i hope to see the industry in a better place

Getadaaa

jr. member

Activity: 448

Merit: 3

If you’re a newbie to cryptocurrency trading or development, I’ll refer you to BitMax because you’ll stand a better chance of not being rekted. That’s because BitMax team seems to be transparent. I think people need to read the latest blog from Shane and learn about liquidity experts.

Mrcharles

copper member

Activity: 336

Merit: 5

Quote from: Ace44 on October 19, 2019, 11:10:06 AM

Quote from: Nathan01 on October 19, 2019, 09:57:56 AM

Quote from: Mrcharles on October 19, 2019, 06:10:23 AM

An article was released a few hours ago on the roles of cryptocurrency exchange on the digital asset ecosystem. I must confess that the article is worth every moment spent on reading it. It was, in fact, a write up by Shane Molidor the global head of business development of BitMax Exchange. The link is at the beginning of the thread, but for convenience, you can use this - https://steemit.com/bitmax/@cryptorani/how-important-exchange-role-in-digital-asset-ecosystem

I personally feel this article was to address some issues with $Deep tokens. I believe Shane did a good job with writing it the way he did. From the article one could deduce he is no longer working with them but have good thing to say about the exchange.

Its a shame that it has to go down the way it did with deepcloud, bitmax started pretty strong and i believe they want to stay that way, the issue has also brought bitmax to the front-line of "don't mess with me" kinda exchange, so any brand going into any sought of partnership with them should adhere by the rules of which they have created, so that both parties involve will excel

In my opinion, that's the best way to go about it. I have a strong conviction that if every cryptocurrency exchange requires the upcoming projects to adhere to strict requirements, it would assist in sieving out many scam projects and give the cryptocurrency industry a better chance to reclaim her lost reputation. Its an agreeable fact that scam projects always want the easy way out since they are not up for long term.

jumiapaul

copper member

Activity: 336

Merit: 3

Quote from: Nathan01 on October 19, 2019, 09:57:56 AM

Quote from: Mrcharles on October 19, 2019, 06:10:23 AM

An article was released a few hours ago on the roles of cryptocurrency exchange on the digital asset ecosystem. I must confess that the article is worth every moment spent on reading it. It was, in fact, a write up by Shane Molidor the global head of business development of BitMax Exchange. The link is at the beginning of the thread, but for convenience, you can use this - https://steemit.com/bitmax/@cryptorani/how-important-exchange-role-in-digital-asset-ecosystem

I personally feel this article was to address some issues with $Deep tokens. I believe Shane did a good job with writing it the way he did. From the article one could deduce he is no longer working with them but have good thing to say about the exchange.

I understand your point, the article is more like an indirect way of letting the reader know the responsibilities of every party which is involved in the process. It addresses the responsibilities of the liquidity specialist, the exchange platform and the relationship between these two players in ensuring that the exchange activity is smooth.

Leo1190

jr. member

Activity: 124

Merit: 1

Quote from: em777 on October 20, 2019, 02:50:41 AM

Quote from: Nathan01 on October 20, 2019, 02:16:38 AM

Hey is it possible that Bitmax could build a decentralized wallet separate from its main exchange platform. Maybe that could make more effective the transparency they have been striving about and give them some credibility.

I really don't know how that will ensure credibility but I feel they can do more by vetting every project thoroughly before getting them listed on their platform

I guess exchange comes with their own wallet so is there any need for separate wallet? But as far as transparency is concerned you raised a good point.

Topic: 🔵🔵🔵 [ANN] BitMax.io Transaction Mining & Reverse-Mining ⚡️⚡️⚡️ - page 5. (Read 39438 times)