Bitmax is one of those projects that over the last year or 2 has maintained what most others have failed to accomplish, growth. Not just in the realm of profit but in the growth of the overall project itself, and it’s capabilities. If you look at the graphs for bitmax, where most projects in 2018 and 2019 have seen a downward trend, bitmax is one of the few select coins and groups that has maintained its valuation against BTC even when BTC itself slips in the world of altcoins, those that can maintain their value even with active mining and increasing supply are pretty much guaranteed to gain interest because by not responding to every whim that is the behemoths that are Ethereum and Bitcoin, a coin like BTMX sets itself apart and independent from the overall market.

You’ll notice that this kind of loose coupling may still exist but in a way that remains much less pronounced and from a traders standpoint this is a showing of a strong independent platform that people judge based mostly on its own merits. Which makes sense since the tokens in question hold their own value and their own return from the exchange. But this, as I said, is only one way where we see bitmax as a platform continuing to be strong in the last year and continuing to place itself in a stronger position as time goes on.

When bitmax launched it only held ~1m USD worth of volume but exploded to several hundred million in volume something most exchanges can only hope to achieve. They did this by being selective in their listings like the upcoming listing for ANKRNetwork the team takes a strong analytical approach to coins that they want to list and are pretty open in their telegram about the tough requirements and restrictions they adhere to when it comes to choosing what the next coin they will list will be. The number of coins has grown much like the overall volume of the exchange. This growing number of coins, combined with reverse and transactional mining gives the platform a strong attraction for new traders looking to enhance their profitability from day trading.

New features like the active margin trading allow for people to take advantage of methods of trading that most smaller exchanges don’t offer and give traders access to liquidity and chances for profit that are orders of magnitude more than what the standard buy/sell traders are capable of. Feature development, strong coin selection, a transactional mining platform and a native token that has strong independent value mean that 2019 is likely to continue to be a strong year for those that look at the project and hold its coins. I’m not a financial advisor and you need to take your own thought on things, but from my view, the project is one of few in 2019 that has strong ROI possibilities and could really be a winner amongst a mess of closures and bear tokens. Time will tell if it maintains, and I hope it will be a shining star, but we’ll have to watch and see what comes of it over the next 1,2,5 years to see where it and the overall market really head.

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