BinanceMax , a DeFI based AMM Dex platform designed to correct some loopholes in the existing DeFi dex platforms

in defi •  3 years ago 

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Introduction

Decentralized exchanges platform are taking over gradually in crypto industry . There transparent and decentralized structures of these platform attracts lots of users and instill confidence in the traders. Emergence of Decentralized Finance has facilitate massive adoption and usage of AMM Decentralized exchange platform. There are several benefits attached to using AMM Dex. AMM Dex has proved to be a useful liquidity building tools for newly launched projects. Everything that has advantages always have disadvantages. Despite the benefits of these AMM, it still having some shortcomings. Lack of trading charts in AMM Dex is a huge challenge . Several investors and traders have suffered huge loss as a result of lack of these feature. Traders need to study trade charts to get accurate knowledge and state of the market in other to make decision about their trade. In this publication , i will be talking about BinanceMax platform , a blockchain based AMM Dex platform designed to correct some loopholes in the existing DeFi dex platforms. Binance Max will offers diverse means for investors to earn profit. It will integrate trade charts with its Decentralized exchange to provide better cryptocurrency exchange platform .

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About BinanceMax Platform

BinanceMax is one among the best innovation in DeFi space . It is a revolutionary and innovative Automated Market Making Decentralized exchange platform that aims to solve problems . BinanceMax Dex will have trading charts , this will enable traders knowing the accurate state of the market and enabling them to chose whether to buy or sell at a particular market price . Majority of the existing DeFi Dex are lacking this feature and this has reckt several traders and investors, buying at a very high price . BinanceMax platform is developed on Binance Smart chain Network which is the world largest , most secured and fastest blockchain network .
BinanceMax Exchange incorporate some distinctive features which allows users to enjoy some features they found in centralized exchange platform . It supports Margin and future trading with up to 100x leverage. Users can trade in margin and futures in the dex without any limit. Another distinctive feature is the daily lottery program the platform offers. On daily basis , 3 holders of BMAX token who are lucky win 5-30 BNB worth of BMAX token. The lottery program will encourage holding of BMAX token . Binance Max support decentralized loaning and borrowing platform , It is a community owned project 100% owned by the community with ownership renoucement. The team token are vested for a period of one year , 10% are released every month .

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Features of BinanceMax Platform

(a) AMM Dex : BinanceMax is a modern DeFi platform developed on Binance Smart chain network. The project aims to solve some existing problems in DeFi AMM space. The DEX is suitable for trading . As a community based project with 100% decentralized. Liquidity provided by the communities (LP) represent the market liquidity while the fees generated from trading activities are distributed to the Liquidity Providers. Users will be able to Stake their token to earn more tokens . They can as well provide liquidity and benefit from the exchange fees. The platform is 100% decentralized and autonomous. It does not require any intermediary or third party to transact in the platform. In addition, BinanceMax Dex platform has added trade charts to its platform seeing it an important tool for trading .

(b) Daily Lottery : Another distinctive feature is the daily lottery program the platform offers. On daily basis , 3 holders of BMAX token who are lucky win 5-30 BNB worth of BMAX token. The lottery program will encourage holding of BMAX token .Users only need to hold up to 0.25BNB worth of BMAX token to qualify for daily lottery draws.

(c) Community Platform : BinanceMax Platform is a community based platform , it is a platform owned and run by community . It is a community owned project 100% owned by the community with ownership renouncement. The team token are vested for a period of one year , 10% are released every month . #BMax #BinanceMax #presale #Defi
#BSC #Dailylottery #Crypto

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Conclusion

BinanceMax is one among the best innovation in DeFi space . It is a revolutionary and innovative Automated Market Making Decentralized exchange platform that aims to solve problems . BinanceMax Dex will have trading charts , this will enable traders knowing the accurate state of the market and enabling them to chose whether to buy or sell at a particular market price . Majorty of the existing DeFi Dex are lacking this feature and this has wreck several traders and investors, buying at a very high price . BinanceMax platform is developed on Binance Smart chain Network which is the world largest , most secured and fastest blockchain network .

Useful links
Website: https://binancemax.net/#/
Telegram Group: https://t.me/BinanceMax1
Discord: https://discord.gg/nY9srxnFTU
Twitter: https://twitter.com/Binance_Max

Publisher details
Bitcointalk Username : Gurumal
Bitcointalk Profile url : https://bitcointalk.org/index.php?action=profile;u=2822423
BSC : 0xAf1E2f293D9d7130dbD8Dbb732c1437fd9869796

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BinanceMax is one among the best innovation in DeFi space

Daily Lottery draws features for the token holders make the project stand out. This is another interesting one.

The project looks genuine