BitMax Token

BTMX

About BitMax Token

BitMax Token is the utility token native to BitMax.io exchange. The market cap is $61,000,923 and the 24h volume is $4,315,738.

Price
$ 0.0795
24h Change
13.96%
Reward
14.48%
Score
63.93%
Total Staked
70.23%
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Monthly Earning$NaN
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Yearly Earning$NaN
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Staking BitMax Token

BitMax Token blockchain consensus is achieved via the Ethereum Blockchain. Investors can leverage their crypto via profit sharing. Currently there is 1 option to earn passive income and staking rewards with your BitMax Token investment as outlined below.

Stake BTMX

Annual Reward: 14.48%
Adj. Reward: +14.48%
Lock-Up Period: 1 d
Complexity Rating: easy
Risk Rating: stable

FAQ's

  • How to stake BTMX?

    Users need to subscribe the BTMX Investment Product on BitMax.io in order to participate, product subscription/redemption can be easily made here.

  • How much can i earn staking BTMX?

    Rewards for staking BTMX comes from net platform transaction fees of BitMax.io exchange, whereas BitMax.io will allocate 80% of net platform transaction fee to a distribution pool and distribute 1/180 of them everyday to users who participate in BTMX staking. 

    Users can also purchase BTMX Investment Multiple Card to boost rewards, With 1 BTMX Investment Multiple Card, up to 10,000 BTMX staked will be multiplied by 5 in the calculation of the BTMX staking rewards. As a result, 10,000 BTMX staked with a Multiple Card has the same network share as 50,000 BTMX staked. When user’s balance is less than 10,000 BTMX, the actual balance will be used in the calculation.

  • What are the requirements to stake BTMX?

    There’s no requirement for staking BTMX, nor there is any minimum amount of BTMX staked in order to be eligible for reward distribution.

  • Is there a lock-up period or unlock period for staking BTMX?

    There’s no lock-up period for staking BTMX, users are free to redeem staked BTMX any time. It takes 24 hours to unlock the staked BTMX, users can also request “instant redemption” at a 10% of transaction fee in BTMX, whereas the fee will then be taken out of circulation.

  • Is there a risk to stake BTMX?

    Staking BTMX is safe given assets are kept custody under cold storage infrastructure of BitMax.io.

Last updated: 2020-08-12 20:29:06