Published in

AscendEX Weekly Roundup | Oct 24 — Oct 30, 2020

Our One-minute Digest

Oct 24 — Oct 30, 2020

Platform Update

  • Currently listed a total of 149 tokens with the product offering of BTMX Investment Multiple Card, Airdrop Multiple Card, Staking Service, BTMX Investment, etc. for potentially higher rewards.

Latest Listings

  • 28- Listed DMM: Governance (DMG) under the trading pair of DMG/USDT. DMM tokens help mitigate inflation risk because they are backed by real-world, income-generating assets, such as aircraft, vehicles, and real estate.
  • 30- Listed Pluton (PLU) under the trading pair of PLU/USDT. Pluton is a DeFi card that allows users to earn 3% back in crypto on their everyday purchases. It also comes with an accompanying app to manage and convert both crypto and fiat.

Activity in Spotlight

  • Join the “VIP Boost” Program for a higher level of trading fee and more privileges. Users who submit the screenshots of their VIP info on other platforms (30-day trading volume) will be eligible for enjoying the benefits of “VIP +1”level on for 30 days.
  • PLU limited-time promotions underway: Trade PLU to share up to 25,000 USDT trading rebate for maker trades; Join PLU pre-staking program to earn 22% est. APR.

DeFi Project Highlights

  • EasyFi (EASY): one-month pre-staking with 52% est. APR started from Oct 9.
  • DeFiner (FIN): pre-staking with 39% est. APR.
  • MANTRA DAO (OM): Est. Annualized Return for OM pre-staking was adjusted to 20%; Instant Unbonding Fee adjusted to 2%.
  • Orion Protocol (ORN): Est. Annualized Return for ORN pre-staking was adjusted to 20%; Instant Unbonding Fee was unchanged.
  • Centaur (CNTR): one-month pre-staking with 60% est. APR started from Oct 14.
  • Participate in Linear Finance (LINA) Staking to earn 86% est. APR! All rewards from LINA Staking will be automatically locked up and displayed on user’s [My Asset] page under LINALCK.

BitMax Ecosystem

  • Distribution Pool: 2,481,375 USDT
  • Total Est. Daily Profit/1MM BTMX This Week: 167 USDT
  • Token Supporting Airdrop Multiple Card This Week: AKT
  • Global communities with 65,287 users from Korea, Russia, India, Turkey, Vietnam, Italy, etc., increased by 763 over last week.

Social Media Matrix

BitMax Official Twitter Account with 55,793 followers.

Learn with Us — Point Card for Margin Trading

With BitMax’s Point Card, users can enjoy a 50% discount for margin interest repayment.

  • Users can purchase Point Cards in the Margin Account with BTMX tokens.
  • Each Point Card is worth 5 points with 1 point redeemable for 1 USDT.
  • Interest will always be paid with Point Cards first if available.
  • Interest incurred post-purchase gets a 50% discount when paid with Point Cards.



Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store