BinanceMax, a robust Decentralized Finance (DeFi) platform that offers wide range of DeFi product.

in cryptocurrency •  4 years ago 

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Introduction

Decentralized Finance also known as DeFi is the next huge thing in Crypto industry . Decentralized finance operates just like the traditional financial services . It offers varieties of financial products such as loan , interest, insurance and more . While DeFi support financial inclusion and operates in decentralized system , conventional financial system such as Banks, insurance companies operate centralized system. In this publication , i will be discussing about BinanceMax , next generation cryptocurrency exchange with inbuilt trading chart and tools . In addition, BinanceMax exchange offers both futures and Margin trading system with up to 100x leverage . BinanceMax Platform is a DeFi platform that will offer varieties of DeFi products. BinanceMax is powered on Binance Smart chain technology , this will allow ease of use due to low transaction charges , high transaction speed and high level of security of the blockchain . BinanceMax offers innovative products that will profit the platform users and investors . The feature of the ecosystem includes daily lottery draw which allows up to 50 BNB Price winning per day . Holders of BinanceMax token (BMX) will be eligible to daily lottery's winning .
BinanceMax also support daily lending and borrowing of cryptocurrencies for margin trad . The platform allows Farming in the platform liquidity to allow farmers earn more token . It allows Liquidity provision (LP) to enable LPs to earn transaction fees . There are varieties of products offered in the platform to facilitate the growth and mass adoption of the platform.

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BinanceMax (Overview)

BinanceMax is a robust Decentralized Finance platform that offers wide range of DeFi product. It offers a modern Decentralized exchange platform with inbuilt Trading chart and some relevant trading tools. This feature is uncommon in most of the AMM platform out there. BinanceMax includes this feature to enable traders gain access to valuable trading tool and information for decision making . The platform also allow up to 100x Leverage . Users will be able to trade in futures and Margin with up to 100x Leverage. If you have missed Pancakeswap, Bakeryswap and few of them, this is an opportunity to invest in a more advanced DeFi project that has huge tendency of growth and success. BinanceMax offers decentralized borrowing and lending platform . Users can also swap one token for another . It is a community derived project owned by community 100% , Ownership renouncement . BinanceMax Smart contract is audited by proffesional blockchain based auditing firm. As mentioned earlier , it offers daily lottery winning to up to 3 holders. The holders have potential of winning of 5-50 BNB worth of BNB token in every daily lottery draws.

Features of BinanceMax Ecosystem :

(a) Decentralized Automatic Market Market (DAMM) : The ecosystem offers SWAP which is Decentralized Automatic Market Maker ( DAMM) , this feature enable users to swap cryptocurrencies via liquidity generation on Liquidity Pools (LP) .

(b) Farm and Stake LPs : Users will be able to farm and stake LPS token to earn more profit in the platform . LPs token can be staked to earn from the transaction fees. BinanceMax is very easy to use due to building their platform on Binance Smart Chain . Users will enjoy fast transaction speed, low transaction speed , high liquidity and maximum security.

(c) Futures/ Margin Trade with up to 100x Leverage

(d) Lending /borrowing

( e) Lottery program that allows daily winning for holders

(f) Governance : BinanceMax is 100% Community owned project , ownership is renounced and the smart contract is well audited.

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BMAX TOKEN

BMAX is an utility token of BinanceMax Ecosystem which is 100% community based .The tokenomics implements modern DeFi standard which supports self and automated liquidity generation plus automatic burning , Automatic staking system with reflective mechanism . on Every transaction there is 5% charges imposed be it buying or selling in the platform . Unlike some DeFi platform that has high supply, BMAX supply is very low (1,000,000,000,000) and this will help in the fast growth in the price , 20% of the supply has been destroyed upon the token development , the total remaining of BMAX is (800,000,000,000). #BMax #BinanceMax #presale #Defi
#BSC #Dailylottery #

Conclusion
BMAX is a huge DeFI platform developed to remove the existing loopholes in most DeFi platform. Holders have possibility of winning daily lottery . Users have access to varieties of DeFi products which will enable them earn without limit in the platform . 5% of tax is levied on every transaction in the platform which is transferred automatically as profits to the token holders . Users will be able to trade in futures and Margin with 100x leverage. This is going to be huge . dont miss out.

Learn more
Website: https://binancemax.net/
Whitepaper: https://binancemax.net/#/whitepage
Telegram: https://t.me/BinanceMax1
Twitter: https://twitter.com/Binance_Max
Discord: https://discord.com/invite/nY9srxnFTU
TikTok: https://www.tiktok.com/@binancemax

Authors info
Bitcointalk username : adeleyefums
BTT profile : https://bitcointalk.org/index.php?action=profile;u=2694374
PUBLIC KEY : 0xa41ed852Ed95D7bf56686829C3d41c09516C80Cb

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I like the article review , this project is going to be very huge .

This is an excellent defi project .

Good project, hard working team

Am following