Signing up to use the Bitmax is simple as entering your email in the box providing in the image below

upon which you are redirected to the registration form page with your email address already entered as shown in the image below;

By the way they have a 24hr support system and are present in Telegram Group Live answering questions to a wide range of users approximately 11,000 people. I use the telegram group more to reach out to projects more than any other social platform, it is way more effective and I get a faster response compared to when I go through other media, works for me, you should give it a shot.





Bitmax Exchange is a CEX - A centralized exchange is one which holds the funds of users in a wallet in which the user can make transactions within the exchange/ecosystem. CEX has lots of beauty;

Transparency: In CEX platform as Bitmax, there exist transparency to a large extent compared to DEX, activities carried out in the platform are made known to the users and the company owes the users some level of accountability, communication is constant as witnessed in the Bitmax support system that ensures issues are resolved in real time.

Account Recovery: The advantage of having funds held in a third party wallet is that when a password is lost or compromised it is within the power of the exchange to help the user recover their password, however, this is subjected to a high level of security checks. Compared to a DEX where a lost private key is synonymous to a loss of wallet entirely, not even the company can help in recovery, I particularly would not want to go through that stress.

Communication: Yeah! I know I have touched on this in the above advantage (Transparency) but I feel the need to talk more on this. Constant communication is what the CEX platform is known for and will do users a great good to follow up on announcement and information provided by the company. In the case of Bitmax there is a live support with link above, Twitter and Reddit are available as well, click on the link to get a faster response to a query and learn more about the project. 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 which includes Web browsers, Android client, IOS client, HTML5 mobile, PC client, Wechat.



User Interface: The user interface of a CEX platform is built both attractive and intuitive and in most case, there is a live guide and easy navigations to various subunits of the platform, something so desperately lacking in a DEX engine. Bitmax.io is no exemption to this as the website is built with a beautiful interface and my guess is there will be regular update to the website with time. Bitmax website is built with the ability to be accessed faster with the mix of both blue and white background which actually require low memory to access, unlike a dark background that takes lots of space and high load time.

Bitmax.io - A CEX with lots of difference

What generally comes after listing advantages is disadvantages but here I'm going to list them out as the strengths of this platform - strength!

Security: It's well known that security breaches are the very weakness of the CEX structure due to the fact that funds are actually sent to a central system which makes the aim of hackers much easier and focused. 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. With the architectural structure of the security build, the possibility of a hack system and new of such involving that of the platform will be greatly reduced.



Market Liquidity: Most small CEX run into this kind of problem, where the bulk of the funds are dried up due to high amount of withdrawals as against inputs, pull an exit scam strategy and disappear into thin air. We've come across one too many of this happenings and events. The problem actually lies in the amount of liquid present in the platform that ensures operation happens without hiccups. 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 an increase in the liquidity of the platform and also give the users an improved trading experience.





A lot more

Bitmax runs a hybrid platform (POS and POW). Bitmax.io users will be able to freely create mining pools and help in the creation of the ecosystem. When a user creates a mining pool they gain 100% of the returns. They plan on a profit-sharing method that shares the bulk of the profit to the community, installing an API in place to allow for autonomous operations to happen on the platform. This means users can create bots and intelligent trading systems that helps different entities trade or offer their tokens like ICOs automating their sales.

The team that makes up the Bitmax.io board are experienced former members of the wall street, bringing in their years of expertise in the financial industry is indeed progressive for the platform. A lot of tests has gone into the platform to ensure it's a proven system that stands time. As users trade in the platform, they will be rewarded in BMAX. BMAX is the token issued in the platform, it is an ERC-20 token capped at 10 billion tokens. 51% of the 10 billion is allocated to transaction mining which will be rewarded based on the trading frequency of different users. the remaining 49% will be allocated for pre-distribution which includes the private sale and marketing.

Trading

There is currently low amount of currency available for trade in the platform https://bitmax.io/#/home with future inclusions of more trade tokens in the future as $AELF was recently added. Project owners may contact the team to learn how to add their token in the HongKong based crypto exchange platform.

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