Looking back this year at the crypto space could easily be seen as a tale of what can go wrong in an industry. With the market falling from nearly 1 trillion dollars to quickly below 200 million could be seen as a catastrophe and you could be forgiven for closing your eyes and hoping it was done. But that would be unwise because while so much distraught and turmoil exists because of what has gone wrong, real developers and companies continue to innovate and evolve even regardless of the market conditions day to day.

Theirs one thing that has remained, an honest to god fact, almost everyone agrees the crypto space isn’t going away, it’s been too much of a paradigm shift to disappear, so even those that say bitcoin will go to 100$ also agree it will probably return to all-time highs someday, or perhaps will be replaced by another coin but that would still mean all-time highs someday for the market as a whole. So it makes sense to pay attention to what's working even in horrible market conditions because those things are likely to also succeed in an exponentially way as market conditions grow.

One of those projects that continues to be a huge success this year that I’ve been watching since months is BitMAX a crypto exchange hoping to not only succeed but bring an interesting twist on existing crypto with advanced transactional mining surrounding their own token. You might wonder why an exchange would be succeeding in this kind of market, but the fact is whether the market is going up or down, for that price to move up and down every seller has a buyer and every buyer has a seller, and theirs an ever competing for market for innovating for those transactions.

Beyond innovating on the transactional mining modes that in all honesty are a great read on their own and definitely worth the time for anyone interested in the tech and concept’s that make a crypto exchange based token possible in a way that's actually useful and sustainable. As a financial exchange in a down market, the team took the best step they could by reducing transaction trading fees as low as they could to draw in a strong initial user base.

The interesting thing is as I’ve said even in a market that’s crashed to one of the worst states in years, and in a year where ICO’s continue to fail to launch and fail to deliver. The BitMAX team on the other hand who only recently opened to the public has already been listed on CoinMarketCap, with an impressive 30 Million USD worth of daily transactions a huge win for such a new exchange.

So while not currently breaking the world of exchanges or giving binance sweat beads on their foreheads. But the fact that in a down economy, with market sentiment continuing to be a huge issue, and a lot of new money looking elsewhere, we’ve got a brand new exchange proving that companies can succeed in these market conditions and not just survive but truly succeed in a big way. Imagine in a few months they’ve already reached 30M$ what could a year from now hold, what could a year from now with a bull market and lots of new money bring. That 30 Million Dollars could easily turn into the next 300,000,000 USD daily volume in no time.

If other projects are looking for success in 2019, and forward perhaps they should start taking notes from those projects like BitMAX (BTMX) and take a look at what it takes to bring a product and platform to market in bad conditions and be a success. Too many people get impressed with projects succeeding when the market is all roses, diamonds, and lambos. But what’s important is paying attention when things are hard to what works.