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Bitmax Exchange Reviews

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Country: Singapore
Site: bitmax.io

Expert Review

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Written by Mirra

Financial journalist

Aug 19, 2019

BitMax.io (BTMX) is a Singapore based exchange founded in 2018.

BTMX token is used as a means of payment and exchange on the platform. 

Currently, the exchange is in the middle of the top 100 by its adjusted volume being ranked the first one in terms of a “transaction mining” factor. The range of offered assets is solid. The exchange does not support fiat currency, which is specifically mentioned in their White Paper. 

Trading comes on the web trading platform. Upon that, mobile apps are available for Android and iOS versions. The platform provides high-customizable charts, making it possible to perform a detailed analysis of market conditions.

0.04% is the rate applied both to Makers and Takers. Leveraged trading is available to the customers. 

BTMX offers a referral reward program. 

KYC verification is not mandatory. However, completing the verification procedure provides you with a number of advantages, such as a better withdrawal limit and participation in the IEO.

Our score

Functionality 4/5
Reputation 4/5
Security 4/5
Support 4/5
Fees 4/5
Our score
4.0/5

User reviews

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Km 15 October, 1:46 PM
5.0

low fee

Cengiz Ugurlu 15 October, 1:12 PM
5.0

Great exchange and good community support. It will be better and bigger in the future surely.

Krillin 15 October, 11:53 AM
5.0

Good exchange, system really stable, growing slowly but secure, and with a real token usecase, one of the few exchanges who got live support on Telegram 24/7, since $DOGE its listed there, I don't need to use more exchanges

RektAvocado 15 October, 11:07 AM
5.0

pretty amazing new (well now 1 year old already) exchange, which introduced some new exchange mechanism, we can expect some new updates and growth now that transaction mining is stoped. If you wish to be updated, or have any questions about exchange or its native token, please join us: https://t.me/BitMaxioEnglishOfficial

Adam 27 September, 12:03 PM
4.0

This exchange was my second and really surprised me. Here I found investment opportunities with high ROI, great leverage, OTC. And those might be not all the advantages of Bitmax.

Emma 26 September, 2:11 PM
4.0

Can't call it the best exchange ever but I pretty like trading here. Average platform with three trading modes. Margin trading options are limited, though traders can get 50% discount for margin interest repayment.

Mary H 25 September, 11:59 AM
3.0

Nothing special here. There are no fiat deposits but the number of trading pairs is OK. There is also an ability of margin trading but I don't use it. 3/5.

soer 6 September, 6:53 AM
5.0

This is kind of a new thing, I guess and it’s quite good one, especially for BMAX. I received some of my BMAX back while it’s just stored here. That’s a really cool feature I’ve never seen anything like that on other platforms.

Richard 22 August, 5:00 PM
5.0

Very decent company

unnamed 22 August, 2:38 PM
1.0

scamed