There are two types of crypto exchange platforms in the crypto market: decentralized exchange platforms and centralized exchange platforms. PancakeSwap is a decentralized AMM exchange, whereas Binance is a centralized exchange. Blockchain and Smart Contracts provide numerous opportunities for new decentralized enterprises and eliminate the need for costly third parties. Many new businesses are already developing on this technology, and major corporations are trying it in closed networks to cooperate directly with one another without intermediaries. Furthermore, we know that conventional banks, no matter how contemporary they try to be, have an old-fashioned culture and attitude. They have only developed to give certain online services in addition to traditional financial products.
About BinanceMax
BinanceMax is a centralized AMM platform that allows users to trade crypto in the same way as an AMM platform does, but with the added convenience of a centralized exchange platform. BinanceMax's solutions enable trade using instruments like trading charts, indicators, futures, margin trading, etc. BinanceMax is a decentralized AMM platform, similar to PancakeSwap or BakerySwap, that allows users to trade crypto quickly; however, BinanceMax attempts to innovate by introducing different capabilities from a exchange platform,centralized, which will balance decentralized and centralized exchanges.
What Is BinanceMax Token?
BinanceMax (BMAX) is a BEP-20 token based on the Binance Smart Chain Network. It is a valued utility token that the community owns entirely. This viable token is unique in that, in addition to being a token that creates liquidity in a self-automated manner, it is also an auto-burning token. It employs both a smart and a reflective staking system, and each transaction is subject to an automatic 5% tax. The token's restricted quantity of 1,000,000,000,000 (1 Trillion) BMAX is critical in rapidly increasing the token's price. According to the smart contract's auto-burning mechanism, 20% of the BMAX token supply is intended to be destroyed upon token development, bringing the total quantity to 800,000,000,000. The more people use the BMAX token, the more the reserve will be lowered.
BinanceMax Governance
The governing structure is always necessary for any ecosystem. Because the community entirely owns BinanceMax, it wishes to guarantee that token holders participate in decision-making rather than depending on any individual or entity. This will go a long way toward ensuring that the BinanceMax ecosystem remains fully decentralized, guaranteeing that a single entity or person does not control the project, making it more safe and functional. It is critical to understand that the BinanceMax team will be in control (guide) during the first development stage of the project and that as the project grows in size, the governance will be naturally shifted to the token holders. Any recommendation for a change in the ecosystem will be decided by a vote to guarantee that those with more tokens do not gain control of the project, and every token holder has the opportunity to submit a request and vote.
DEXs are widely recognized for their security capabilities, which is why the BinanaceMax AMM has prioritized security. Since this one is built on Binance Smart Chain, it is transparent and scalable. All transactions are managed using smart contracts, and money is safely secured on the same smart contracts, implying that funds and private keys are only accessible by users and not the BinanceMax team. So, without further ado, join BinanceMax and embark on a secure and professional path.
Get to know more:
Website: https://binancemax.net/#/
Telegram: https://t.me/BinanceMax1
Whitepaper: https://binancemax.net/#/whitepage
Twitter: https://twitter.com/official_BMax/
Discord: https://discord.gg/nY9srxnFTU
Authorship:
Bitcointalk Name: MoneyCryptor520
Profile Link: https://bitcointalk.org/index.php?action=profile;u=2243921;sa=summary
Telegram: @shanimiriach
Proof of Authentication: https://bitcointalk.org/index.php?topic=5345498.msg57455887#msg57455887
Bsc Wallet: 0x05d9386Ad9583acE0eb5d97517519Eab2EA19707