Bitmax is a cryptocurrency that was introduced in July 2018 by Dr. George Cao and Airel Lin. It is one of the top exchanges in the term of trading in 2019. The headquarters of Bitmax is in Singapore and has two main offices in New York and Beijing. 비트맥스 is mainly a trading exchange for altcoins and bitcoin. On this platform token feature is the use which is known as BTMX. These tokens are mined via the platform and issued to the user as their trade reward.
This platform provides hundreds of different trading products and across a broad range of digital assets including reverse-mining for maker trades, margin trading, etc. It is also considered as pure money as paper money. It is completely acceptable in every country but in some issuing countries, it accepts as a means of trade
BitMax Trading View
Each platform has different trading views. You have to determine by yourself which view is the best for you. One thing common in all views is that they show the order book or a part of the order book, order history, and the chart of the chosen currency. Normally each trading platform has a buy-box and a sell-box. Before starting a trade must look at the start-up guidance so you can ascertain that it feels.
Each platform charges a different fee from the maker and takers. This platform has three main charges: taker fee, maker fee, and flat fee. The taker fee is charged from the takers and the maker fee is charged from the maker. Flat charges mean that the taker and the maker charge the same fee.
This platform exchange charge is a flat fee of 0.10% per trade. Which is very low as compared to the other platform which is 0.25%. If you trade regularly the platform may reduce further charges.
BitMax Withdrawal fees
One further thing you need to know about a trading platform before you start is the withdrawal charges and withdrawal method. On this platform, the user charges the same price on every withdrawal and varies from cryptocurrency to cryptocurrency. For BTC it charges 0.0005 BTC. This is very low as compared to the other exchange platform. The average charges for BTC are approx. 0.0008 BTC.
Registration on Bitmax
First of all, you have to enter an email address and generate a password for your account. After this, you have to decide whether you want to verify your ID or not. If you want to hide your identity on the platform then you can’t withdraw more than 2BTC per day. If you are using an id-verified account then you can withdraw more than 100BTC daily. For the higher withdrawal amounts, you have to provide further information about your financial background to the broker.
In the crypto world, customer service reacts very promptly. As you can see that each platform pays attention to customer support to maintain a long term relationship with the customers for long-term success. On this platform, the user can contact the support team by using the contact form. The support team answers your problem through the mail. The customer on this platform also uses the Telegram channel which is used for customer support.