Dear BitMax.io Users,
BitMax.io will add additional trading pairs for both regular and margin trading, offer second phase of BTMXP trading, and add function to increase margin leverage.
1.The Second Phase of BTMXP Trading
BitMax.io will enable the second phase of trading private sale portion of BTMX (BTMXP) at 10:00 a.m. EDT, May 24th. Total supply is caped at 30,000,000 BTMXP. The aggregated deposit limit for each account is 500,000, not including the initial phase’s deposit.
Adjustment of Service Fees
1% service fee will be charged for Deposit based on the current circulation of unlocked BTMX in the Cash Account.
5% of withdrawal amount is set as Withdrawal service fee.
BTMXP trading rules: https://bitmaxhelp.zendesk.com/hc/zh-cn/articles/360023183214
- Function to Increase the Account Maximum Borrowable Limit
From May 24th, 10:00 am EDT, users can email email@example.com from their registered e-mail address to request for the increase of Account Maximum Borrowable Limit to 2.5X per account. Please check https://btmx.com/#/feeRate/tradeRate for leverage limit of per account. The platform will review the account and decide whether to approve the request for leverage increase based on the specific situation of the account.
3. New Accelerated BTMX Release Function for Private Sale Participants
In addition to the release based upon mining production, additional BTMX under Private Sale will be released when permanent lock-up amount exceeds the platform output over 24 hours. For every 2 BTMX subject to permanent lock-up in excess of output, 1 BTMX under Private Sale will be unlocked. Team and foundation shares are not eligible for this new function.
BTMX tokens subject to permanent lock-up include, but are not limited to, those from reverse-mining, consumption, participation in activities, etc.
- Add Additional Trading Pairs
BitMax.io will enable trading for BAT/USDT、ELF/USDT、IOST/USDT、ZIL/USDT、ZRX/USDT.
- Add Additional Margin Trading Pairs
Start time: 10:00 a.m. EDT, May 24th, 2019
Please note that daily interest rates for margin trading are subject to change without notice. Therefore, before trading, please check https://btmx.com/#/feeRate/tradeRate for updated interest rate.
Thank you for the continued support.
May 22nd, 2019
BitMax.io Official Community: https://t.me/BitMaxioEnglishOfficial