BitMax.io (BTMX.com) Weekly Update (Mar. 30 - Apr. 5, 2019) – AscendEX

Platform Update

· BXA Airdrop to RNT Holders on BitMax.io

- BitMax.io will support BXA airdrop to RNT holders per following schedule.

- Distribution Ratio: 1 RNT = 0.28125 BXA

- 1st snapshot time was 4:00 p.m., Mar 31st, 2019 (Beijing Time), and 1st airdrop time will be Apr. 14, 2019

· 3/31 - Updated the Maximum Borrowable limit for the user account

· 4/1 - Resumed Bolt (BOLT) deposit function

· Distributed referral rewards of “300,000 AERGO to Win” event (Event Link: https://bitmaxhelp.zendesk.com/hc/en-us/articles/360020003853-New-Listing-Announcement-of-Aergo-AERGO-300-000-AERGO-to-Win)

· Distributed rewards to winners of “LAMB BitTreasure” promotional sweepstake event on Twitter (Tweet Link: https://twitter.com/BitMax_Official/status/1110184991483400194)

· 4/3 - Held joint-meetup with CTIA in Chicago

- Event Theme: Digital Asset Current State & Future Development

- Event Link: http://www.thectia.org/article/64?from=singlemessage&isappinstalled=0

· 4/5 - Listed Own (CHX) under the trading pairs of CHX/USDT, CHX/BTC, and CHX/ETH

Upcoming Events

· To launch LBA BitTreasure

· To further strengthen the risk management for margin trading

- New risk limit at individual user account level, including 1) Maximum Borrowable by currency for each user account (implemented 8pm EDT March 31) and 2) Maximum Borrowable Cap across all currencies for each user account.

- Enhance risk management monitoring mechanism on the platform for margin trading across all the users.

- For all institutional users, there will be additional requirements for credit extension in margin trading, including additional KYC review and more collateral posting for higher leverage ratio.

- Potential increase collateral requirement for higher leverage ratio (such as 10x leverage).

· To add “Asset Transfer” function to web-end API Key

· To add margin trade function on APP

For more information, follow BitMax.io on:

Website: http://www.BitMax.io

Twitter: https://twitter.com/BitMax_Official

Reddit: https://www.reddit.com/r/BitMax/

Telegram: https://t.me/BitMaxioEnglishOfficial

Medium: https://medium.com/bitmax-io

CONTACT: support@bitmax.io

Thank you for the continued support.

BitMax.io Team