Bitmax is a digital asset trading platform that is based on a community based autonomous ecosystem. Using both Proof of Stake and Proof of Work, it depends on the full approval of the community to set the blockchain ecosystem distributed autonomy key features. The autonomous system of the bitmax ecosystem allows for the users to be participative, ensuring users carry out tasks such as transaction mining, project voting, mining pool construction, building of joint ecosystem and all these actions are carried out voluntarily. In the co-operative aspect, users would be able to work and in exchange for that work obtain an economic incentive also, in accord to the PoS and PoW mechanisms, users will receive 100% of their remuneration and those who take part in both the management and building of mining pool will receive a higher remuneration.
Bitmax will run its strategic operation on a self-sustainable basis so that they can build a community based autonomous economy that is trusted but it will require key technological ingredients such as the autonomous agents, intelligent programs, and future enhancement of artificial intelligence.
Bitmax technical features
Openness and Transparency: The Bitmax trading platform supports real time settlements, 24-hour trading operations and provides a complete transparent record of all the transactions upon user’s requests.
High-Performance Design: In order for bitmax to attain a high performance, reliable, secured, scalable and easy to maintain exchange, they use an institutional quality trading architecture with advance in memory matching algorithms and asynchronous non-blocking read and write with a distributed real-time messaging framework.
Security: A top-tier security firm was responsible for the design of the security management system. A review of the system architecture and the code was done by industry experts, multilevel firewalls are going to be set up so they can be able to monitor system data processing in real time. Multi-signature requirements and the use of both a hot and cold wallets will be used to secure digital assets.
Trading Products: For now, the bitmax exchange will support only few tokens which are, BTC, ETH, BCH, LTC, USDT, BMAX. The platform has no support for fiat currencies. To have your tokens listed on the exchange you will have to participate in the Bitmax ICM.
Market Liquidity: Bitmax team have contacted some domestic and foreign miners, investment funds and major trading funds and they have accepted to commence their trading on the bitmax platform providing thereby increasing the liquidity of the platform and also give the users an improved trading experience.
The Bitmax Support Model
Multilingual Support: The present beta release of the bitmax platform will support two languages which are English and Chinese. But other languages will be included in the next release.
Full Platform Customer Support
These include Web browsers, Android client, IOS client, HTML5 mobile, PC client, Wechat.
BMAX
This is the utility token of Bitmax, it used as the primary token on bitmax platform and it is an ERC-20 compliant digital token under the Ethereum blockchain. It will be used as the unit of exchange between the participants of the platform. The main goal of the Bmax token is to acts as a convenient and secure mode of payment and settlement between the users of the platform.
Follow them on:
BitMax Official Website: https://bitmax.io
Twitter: https://twitter.com/BitMax_Official
Reddit: https://www.reddit.com/r/BitMax
Telegram English Official: https://t.me/BitMaxioEnglishOfficial
Telegram Official Announcement Channel: https://t.me/BitMaxOfficialAnnouncement
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