
BitMax - Digital Asset Exchange
BitMax is building an innovative Digital Asset Exchange based on a community-based autonomous ecosystem. To grow the ecosystem, BitMax is at first offering a transaction mining model, which is a trading model aimed that incentivise traders and market makers to participate in the exchange activities.
What is transaction mining?
Transaction mining is a new incentive model for exchange participant to bring volume to the trading platforms. Basically, fees generated from trading activities are converted into the exchange native tokens and distributed to market participants.
In the BitMax ecosystem, participants will receive 100% of the trading fees paid back into their account in to BTMX native token, therefore the more volume participants are bringing to the exchange the higher is their rewards.
For example, if the user generates a transaction fee of $1 million today and the market price of BMAX is $1, the BMAX mined today would be valued at $1 million, and the user is eligible for 1 million BMAX tokens.
BTMX as a platform currency
BTMX is the platform native currency necessary for any operation on the platform. BTMX will be used as the only currency to pay for token listings fees, and withdrawal of crypto currencies on the platfrom.
BitMax will charge a fee in BMAX for withdrawals of virtual currencies, as well as for listing fees. Users of BitMax may pay BMAX for all transaction fees, calculated based on a percentage of the transacted amount. The usage of BMAX to pay transaction fees (instead of other tokens) would entitle that user to a preferential transaction fee.

BTMX as an utility token
BMTX holders can consume the native token to be eligible for memberships upgrades and priority access to special feature as well as accessing exclusive networking circles and research.
BTMX token holders can consume a certain amount of BTMX for additional benefits such as membership upgrade, access to special features etc. Holders of BTMX would be entitled to join any exclusive networking circle for sharing of community information on the latest developments in blockchain technologies, gaining access to exclusive privileges in the ecosystem on BitMax.
BTMX token holders are also allowed to take part in the listing decision process, as tokens will represent voting rights within the BitMax ecosystem. Therefore, the more tokens one hold, the higher is the influence they can exercise on the listing process.
All community members which hold BMAX are entitled to vote to submit proposals for listing of tokens on BitMax.
Platform Transaction Fee Revenue for Data
BTMX token holder will be eligible to 80% of the platform revenue as an incentive to contribute data and informations on different tokens and coins. This initiative will help BitMax accessing quality insights, research and news relating to the development in the blockchain ecosystem.
Up to 80% of the platform transaction fee revenue will be distributed as incentives to encourage sharing of information. For example, if the platform transaction fee revenue is 100BTC and 500ETH, 80BTC and 400ETH would be available for distribution.
Investors
BitMax ambitions and capable team has attracted world class investors from all over the globe to back the project and help execute their vision.

- FBG Capital is one of the most prominent digital asset management firm as well as incubating promising blockchain projects and companies.
- BITMAIN is now among the world’s most recognisable Bitcoin companies, was established to develop and sell the world’s leading bitcoin miners using Bitmain’s ASIC chip technology.
- Matrix Partners is a US-based private equity investment firm with $2.4B under management focusing on venture capital investments. The firm invests in seed and early-stage companies, particularly in the software, communications, semiconductors, data storage, Internet or wireless sectors.
- GBIC (Global Blockchain Innovative Capital) is a global hub for blockchain technology that furthers the development, acceleration, and launch of blockchain projects.
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This document is for information and illustrative purposes only. It is not, and should not be regarded as “investment advice” or as a “recommendation” regarding a course of action, including without limitation as those terms are used in any applicable law or regulation.

