If you read my passive income crypto ebook or at least read my blogs then you probably already heard of the exchange or even invested into it to make passive income.
If you are new here or missed i will explain shortly.
- You register to BitMAX with this link
- Deposit BTC, ETH, USDT or any traded currency there
- Buy BTMX tokens
- Lock them
- Get daily shares of what exchange makes in fees
This still works btw, they change other stuff. As usual, this is a Chinese exchange and has GUI similar to Binance.
Before today there was also a thing called Transaction Mining and Reverse-Mining where people instead of paying fees to exchange were making free BTMX tokens when trading on some pairs ie USDT/PAX (stable coin to stable coin). Now this will be discontinued as they want to stop the inflation of BTMX.
BitMax.io discontinued combined program of Transaction Mining and Reverse-Mining at 10:00 a.m. EDT on September 12th, 2019. Since then, BTMX has transitioned to a new phase to deflation mode, with daily reduction in its maximum circulation supply.
To further enhance platform transparency, BitMax.io will implement a new smart contract solution for BTMX and introduce BTMX Souvenir Token (BTMXS), representing BTMX permanent lock-up token through smart contract solution, at 2:00 a.m. EDT, on October 23rd, 2019.