AscendEX
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AscendEX

BitMax.io Weekly Roundup | Dec 5 — Dec 11, 2020

Our One-minute Digest

Dec 5 — Dec 11, 2020

Platform Update

Latest Listings

  • Dec 9- Listed Bitcoin Cash ABC (BCHA) under the trading pair of BCHA/USDT. Bitcoin Cash ABC (BCHA) is a fork of Bitcoin Cash.
  • Dec 11- Listed Terra Virtua (TVK) under the trading pair of TVK/USDT. Terra Virtua is the first mass-market Non-Fungible Token (“NFT”) platform to collect, showcase and trade rare digital collectibles.

Activities in the Spotlight

  • TVK Quests underway: complete online quiz, retweet event posts, join Telegram groups, bid in the auction, submit activity form, or trade for your share of 1,250,000 TVK rewards.
  • Join BOND promotion: trade BOND for a chance to share and release 14,000 USDT in tokens.
  • ORO limited-time promotions concluded. Winners got to share 17,500 USDT in tokens.

DeFi Project Highlights

  • Wootrade (WOO): stake WOO to earn 59.09% est. APR; stake continuously to get up to 40% est. annualized reward bonus.

BitMax Ecosystem

  • Total Est. Daily Profit/1MM BTMX This Week: 154 USDT
  • Diverse global communities with 70,483 users from Korea, Russia, India, Turkey, Vietnam, Italy, Japan, Spain, etc., up by 538 over last week.

Social Media Matrix

BitMax Official Twitter Account 55,998 followers.

Learn with Us — BitMax Auction

BitMax Auction, a unique feature of the platform, are usually joined by top-notch global projects with exclusive primary listings.

There are two major types of auctions on the platform: Standard Auction and Uncapped Auction. Two auctions can be held simultaneously, depending on projects.

Standard Auction Overview

Price discovery with a minimum and maximum bid amount.

You can pay a fixed amount of USDT and capped BTMX/BTMXP to bid. There will be a limit on the number of winners. If more users than the limit and all bid with Bid Cap, a random draw will be conducted to select winners.

Uncapped Auction Overview

Price Discovery with a minimum bid amount and no maximum.

You can pay a fixed amount of USDT and as much BTMX / BTMXP as you’d like. The BTMX / BTMXP bid component of the auction serves as a tiebreaker. The higher the BTMX/BTMXP, the higher the chance of winning the auction.

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AscendEX is a leading global digital asset financial platform founded by a group of Wall Street quantitative trading veterans in 2018, servicing retail and institutional clients in over 200 countries and regions of the world.

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