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2019 December 04

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George Cao in Sherlock Club
What is BitMax Exchange's best selling point for attracting new users to the exchange?
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I would say a few reasons 1) our unique margin products 2) our lowest commission 3) our 24/7 client service. I am talking to our users all the time too :)
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stsoen in Sherlock Club
George Cao
That’s a great question. It’s is true that many top exchanges are offering similar service nowadays, we are different in several areas 1) our commission is the lowest among peers 2) our interest for margin is the lowest among peers. 3) we offer margin trading for 45 different tokens (46 very soon ) there are many tokens that you can only short or margin long with us. For example ckb, vet. 4) our cross asset margin mode is quite unique in the industry. It’s very easy to trade, there is no borrow or return process, makes it suitable for higher frequency manual traders
Это отличный вопрос. Это правда, что многие ведущие биржи в настоящее время предлагают аналогичные услуги, мы разные в нескольких областях: 1) наша комиссия самая низкая среди сверстников 2) наша заинтересованность в марже самая низкая среди партнеров. 3) мы предлагаем маржинальную торговлю для 45 различных токенов (46 очень скоро), есть много токенов, которые вы можете использовать только для коротких или длинных позиций. Например ЦКБ, ветеринар. 4) наш режим кросс-маржи является уникальным в отрасли. Это очень легко торговать, нет процесса заимствования или возврата, что делает его пригодным для высокочастотных ручных трейдеров
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Bodya Gagarin in Sherlock Club
George Cao
What is BitMax Exchange's best selling point for attracting new users to the exchange?
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I would say a few reasons 1) our unique margin products 2) our lowest commission 3) our 24/7 client service. I am talking to our users all the time too :)
thanks George! 🙏
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George Cao in Sherlock Club
In the context of many cryptocurrency exchanges today, while the volume is very small. So, does BITMAX have a different orientation to attract users (for example margin trading, opening lending, event, copy trade, etc)?
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Product wise I have answered in other questions. We also plan to roll out future contract trading as well as a novelty staking program. I can’t disclose more details for the staking program but you will know very soon :)
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stsoen in Sherlock Club
George Cao
What is BitMax Exchange's best selling point for attracting new users to the exchange?
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I would say a few reasons 1) our unique margin products 2) our lowest commission 3) our 24/7 client service. I am talking to our users all the time too :)
Какова лучшая точка продажи BitMax Exchange для привлечения новых пользователей на биржу?
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Я бы сказал несколько причин: 1) наши уникальные маржинальные продукты 2) наша самая низкая комиссия 3) наше круглосуточное обслуживание клиентов. Я тоже общаюсь с нашими пользователями все время :)
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Bodya Gagarin in Sherlock Club
@BmaxHeat Let me send some questions, that our community members didn’t manage to send in time before mute.
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George Cao in Sherlock Club
Transparency, Fairness and wealth are three aspects that are very important for a platform. How Bitmax handle these issues?
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That’s a great question. We always want to pride transparent and reliable service to our users. 1) transparency, we publish almost all data daily on our website, which is more transparent than any other exchanges 2) we are fair to all our users. Many times we compensate our users for accidents that were not even our fault. Coz we believe everyone deserve a fair environment to trade 3) wealth. In a bear market where most alt coins are dropping. Our margin product are one of the very few ways that you can short alt coins and make a fortune
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Bodya Gagarin in Sherlock Club
Question from @buchaz93

Hi George! Thank you for the regular AMAs with crypto community! Do you have plans to improve the interface of the margin trading? Current version of the interface isn't friendly for new margin traders. Will you add calculators, cross or another like everyone known margin exchange? Thank you!
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George Cao in Sherlock Club
Many exchanges decide to launch their lending's or Futures, or other that are useful to enjoy certain advantages on the platform. Do you planning to the next in the near future to beat other Exchange?
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Yes in the current environment a complete product line is a must to compete. We are planning to roll our futures and lending soon
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stsoen in Sherlock Club
Question from @VOVAETH
August 13 was a snapshot in size 11078 USDT confirms this link and agree with url https://bitmax.io/#/marketing/uat/presale next, I did not want to be taking any part in the purchase of UAT token, for this I transfer USDT into another asset. The available balance was already on my balance on August 20. And UAT tokens begin their sale on August 14. It is very interesting that you have accrued tokens after the sale deadline, which contradicts all the correct trading. Just my quota amounted to 137 USDT, if you still consider that I bought (that did not buy) where is the balance of my balance from 3000 USDT ?
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Bodya Gagarin in Sherlock Club
Question from @mic_bitc

Hi George! I’m staking BTMX for a long time, I believed in exchange, but all my dividends and profits are nothing looking on falling BTMX token… How do you plan to raise its price? It is really important. In spring-summer IEO made a push, but what’s next?
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stsoen in Sherlock Club
George Cao
Transparency, Fairness and wealth are three aspects that are very important for a platform. How Bitmax handle these issues?
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That’s a great question. We always want to pride transparent and reliable service to our users. 1) transparency, we publish almost all data daily on our website, which is more transparent than any other exchanges 2) we are fair to all our users. Many times we compensate our users for accidents that were not even our fault. Coz we believe everyone deserve a fair environment to trade 3) wealth. In a bear market where most alt coins are dropping. Our margin product are one of the very few ways that you can short alt coins and make a fortune
Прозрачность, справедливость и богатство - три аспекта, которые очень важны для платформы. Как Bitmax справляется с этими проблемами?
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Это отличный вопрос. Мы всегда хотим гордиться прозрачным и надежным сервисом для наших пользователей. 1) прозрачность, мы публикуем почти все данные ежедневно на нашем сайте, что является более прозрачным, чем любые другие биржи 2) мы честны со всеми нашими пользователями. Много раз мы компенсируем нашим пользователям несчастные случаи, которые были даже не по нашей вине. Потому что мы считаем, что каждый заслуживает справедливой среды для торговли 3) богатством. На медвежьем рынке, где падает большинство монет. Наш маржинальный продукт - один из немногих способов, которыми вы можете шортить монеты и заработать
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stsoen in Sherlock Club
George Cao
Many exchanges decide to launch their lending's or Futures, or other that are useful to enjoy certain advantages on the platform. Do you planning to the next in the near future to beat other Exchange?
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Yes in the current environment a complete product line is a must to compete. We are planning to roll our futures and lending soon
Многие биржи решают запустить свои кредиты или фьючерсы, или другие, которые полезны для получения определенных преимуществ на платформе. Планируете ли вы в ближайшее время обыграть другие биржи?
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Да, в нынешних условиях полная линейка продуктов является обязательным условием для конкуренции. Мы планируем развернуть наше будущее и кредитование в ближайшее время
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George Cao in Sherlock Club
According to a recent report by CryptoRank, BitMax is nowhere in top 15 exchanges in terms of "Estimated Exchange Revenues"! Why BitMax is not in the list yet after a year of launch?
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Do you want us to be there ? I would rather not haha. We position ourselves as people’s exchange. Meaning we share 80% of our core commissions with our users out of the already lowest commission fees. We don’t believe an exchange shall be a money making machine. We would rather to provide an affordable place for all people to trade
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Bodya Gagarin in Sherlock Club
Question from @petro_i_1

Bitmax often has issues with graphs, where candels dissapearing, or just falling to zero multiple times. People lose money because of this. Why it is so?
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Bodya Gagarin in Sherlock Club
Question from @uncle_theo (Imho really important for russian community)

Any plans to introduce russian language to platform? Russian community of Bitmax seems to be one of the most active, but using all of this margin and trading features in english is a bit complicated
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George Cao in Sherlock Club
Can you tell us something about the Adoption of BTMX?
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Yes, since we stopped Mining we update our smart contract for btmx. Now it’s hard capped at 788m and entered into a deflation stage. Everyone we release half of the consumption. In 2.5 months we deflated 7m Tokens and counting. At the same time btmx holders enjoyed a daily reward of usdt
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stsoen in Sherlock Club
George Cao
According to a recent report by CryptoRank, BitMax is nowhere in top 15 exchanges in terms of "Estimated Exchange Revenues"! Why BitMax is not in the list yet after a year of launch?
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Do you want us to be there ? I would rather not haha. We position ourselves as people’s exchange. Meaning we share 80% of our core commissions with our users out of the already lowest commission fees. We don’t believe an exchange shall be a money making machine. We would rather to provide an affordable place for all people to trade
Согласно недавнему отчету CryptoRank, BitMax нигде не входит в топ-15 бирж с точки зрения «ожидаемого дохода от обмена»! Почему BitMax нет в списке еще после года запуска?
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Вы хотите, чтобы мы были там? Я бы предпочел не хаха. Мы позиционируем себя как биржу для людей. Это означает, что мы разделяем 80% наших основных комиссий с нашими пользователями из и без того самых низких комиссионных сборов. Мы не считаем, что биржа должна быть машиной для зарабатывания денег. Мы предпочли бы предоставить доступное место для всех людей, чтобы они могли торговать
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stsoen in Sherlock Club
George Cao
Can you tell us something about the Adoption of BTMX?
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Yes, since we stopped Mining we update our smart contract for btmx. Now it’s hard capped at 788m and entered into a deflation stage. Everyone we release half of the consumption. In 2.5 months we deflated 7m Tokens and counting. At the same time btmx holders enjoyed a daily reward of usdt
Можете ли вы рассказать нам что-нибудь о принятии BTMX?
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Да, так как мы прекратили майнинг, мы обновляем наш смарт-контракт на btmx. Теперь он жестко ограничен на 788 м и вступил в стадию дефляции. Каждому мы выпускаем половину потребления. Через 2,5 месяца мы спустили 7м токенов и подсчитали. В то же время владельцы btmx наслаждались ежедневной наградой в usdt.
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George Cao in Sherlock Club
How Bitmax choose projects for cooperation ?
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We pick projects that either had a solid tech solution or solves real world problems. Of course good community support and good team background also helps
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