BitMax.io, an innovative digital asset trading platform, has reportedly completed its launch and will start mining soon. It has completed the early stage financing round about two months ago with strategic investments from many of the industry’s top venture capital institutions including FBG Capital, BitMain, Matrix Partners China, GBIC, Perseverance Capital and Kratos Partners.
So, why has BitMax.io received this intense level of investment attention; what is its core competence and why are investors so interested in the platform?
BitMax.io is Asia-based global digital asset trading platform that supports crypto-to crypto spot trading for diverse groups of clients from professional traders, institutional investors and individual investors. Additionally, it is one of the world’s digital asset exchanges pioneering with multiple mining models.
Founder Dr. George Cao graduated from the University of Chicago and the University of Science and Technology of China. After receiving his Ph.D. in Computer Science, George worked at Knight Capital Group and Barclays Capital specializing in portfolio management and quantitative trading. Later on, George launched the quant fund Delpha Capital Management trading equity, ETFs and commodity future product as well as the venture capital firm White Stone. He has successfully identified, invested and incubated several blockchain projects in New York.
BitMax.io’s core management team consists of Wall Street veterans and quant technologists from world-class financial institutions such as Goldman Sachs, Morgan Stanley, Deutsche Bank, Bloomberg, AQR, etc. with diverse educational background of top-tier universities including Columbia University, University of Chicago, New York University Stern MBA, Carnegie Mellon University, Peking University, Tsinghua University, etc.
With average of over-ten-year professional experience, the team has developed in-depth expertise in the design and buildout of institutional-level trading platforms as well as solid understanding of capital market structure and regulations with key members holding relevant trading principal licenses. Clearly, all those are the competitive advantages that other exchanges might find hard to achieve.
Combing their deep traditional financial industry background with top-tier system development capabilities, the BitMax.io team strives to build out an open, fair, and efficient community-based blockchain digital asset trading platform.
As one of the world’s pioneering digital asset exchanges for multiple mining models, BitMax.io offers multiple mining model options based on different needs from different customer groups in different markets. for maximum productivity.
BTMX is a certificate issued by the BitMax.io platform which grants access to platform’s fee-sharing rights, voting rights, decision-making rights, and community partner voting rights. BitMax.io promises to never issue additional shares.
BTMX introduces a step-by-step dividend and a quasi-mechanism that seeks to smooth its yield curve. BitMax.io will also periodically use its profits to repurchase and burn BTMX, decreasing the total amount of the token. Coupled with multiple mining modes and consumption mechanisms, BTMX’s long-term return is guaranteed to be attractive in the long run.
Please check out BitMax.io for more details and follow current news through BitMax.io Official community in English: https://t.me/BitMaxioEnglishOfficial, in Chinese: http://t.me/BitMaxChineseOfficial.
Also Read Bitcoin mining explaned : How bitcoins are generated?
Hitesh Malviya is the Founder of ItsBlockchain. He is one of the most early adopters of blockchain & cryptocurrency enthusiast in India. After being into space for a few years, he started IBC in 2016 to help other early adopters learn about the technology.
Before IBC, Hitesh has founded 4 companies in the cyber security & IT space.
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