BitMax.io Weekly Roundup | Jan 16 — Jan 21, 2021

AscendEX Support
AscendEX
Published in
2 min readJan 22, 2021

Our One-minute Digest

Jan 16 — Jan 21, 2021

Platform Update

  • Currently listed a total of 162 tokens with the product offering of BTMX investment Multiple Card, Airdrop Multiple Card, Staking Service, BTMX Investment, etc., for potentially higher rewards.
  • BitMax.io listed Router Protocol (ROUTE) as exclusive primary listing under the trading pair of ROUTE/USDT on Jan 19, 2020. After the market open, ROUTE reached highs of $4.95, representing a 18x return on investment of its opening price. Router Protocol is a cross-chain infrastructure that provides liquidity aggregation for layer 1 and layer 2 blockchains.
  • BitMax.io listed e-Money (NGM) as exclusive primary listing under the trading pair of NGM/USDT on Jan 20, 2020. e-Money is a blockchain-based electronic payment system performed with currency-backed stablecoins that is fast, transparent, and fully collateralized.
  • BitMax.io will list Maps.me (MAPS) as primary listing under the trading pair of MAPS/USDT on Feb 1, 9:00 a.m. EST. MAPS tokens will bind Maps.me’s users and provide familiar travel reward programs and discounts, as well as governance features on certain aspects of ecosystem.

Activities in the Spotlight

  • Maps.me (MAPS) auction will be conducted on January 26 from 9:00 a.m. EST to 10:00 a.m. EST.
  • Join Cudos limited-time promotion events: 1) trade CUDOS to earn airdrop rewards; 2) submit the activity form to receive exclusive rewards to Airdrop Multiple Card holders.

BitMax Ecosystem

  • Distribution Pool:2,564,142 USDT
  • Total Est. Daily Profit/1MM BTMX This Week: 190 USDT
  • Diverse global communities with 72,384 users from Korea, Russia, India, Turkey, Vietnam, Italy, Japan, Spain, etc., up by 436 over last week.

DeFi Project Highlights

  • Participate in CUDOS pre-staking to have a great chance to earn Est. 30% APR.

DeFi Yield Farming Strategies & Est Annualized Yield

  • Curve — USDT:33.85%
  • HARD — USDX:28.74%
  • DMM: Governance — USDT:8.92%-
  • HARD — HARD:30.79%

Learn with Us — Cross-asset margin mode

l BitMax Margin Trading adopts cross-asset margin mode, which means users can transfer any asset to Margin Account as collateral and simultaneously borrow multiple types of assets against the same collateral.

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