Dear BitMax.io Users,
BitMax.io will enable BTMX/PAX trading and BTMX/PAX margin trading.
Trading to start at 10:00 a.m. EDT on Mar 26th, 2019.
Margin trading to start at 10:30 a.m. EDT on Mar 26th, 2019.
Update of Trading Pairs Eligibility for Reverse-Mining
On 11:00 a.m. EDT on Mar 26th 11, the following adjustment will be implemented on the trading pairs eligible for reverse-Mining
- All transactions of PAX/USDT trading pair will be set under Reverse-Mining mode by default.
- All trading pairs are eligible for Reverse-Mining mode, except for those related to BTMX.
For trading pair of PAX/USDT, when the account balance has sufficient amount of BTMX in un-lock status for deduction and the user selects Mining preference, the Maker orders will ONLY be executed under Reverse-Mining mode. When the user selects Regular Trading preference, the maker orders will continue to be executed under Regular Trading mode.
Note: Margin Trading is not eligible for Transaction Mining and Reverse-Mining.
Separate incentive structure for the Maker trades includes the process of (1) User getting rebates by executing Maker trades (2) The equivalent market value of BTMX token being deducted from user account. (3) the BTMX tokens being subject to permanent lock-up.
Thanks for the continued support.
Mar 25th, 2019
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