BitMax.io (BTMX.io) Weekly Update (May 30, 2020 — June 5, 2020)

BTMX Data:

According to data reported on BitMax.io’s (BTMX.io) website as of June 5, 2020:

Daily Profit/1MM BTMX: Around 34 USDT

Max Supply: 773,772,458 BTMX

Total Effective Investment Quota: 629,409,410 BTMX

BTMX Market Cap: 30. 8889 Million USDT

Distribution Pool: 3.8504 Million USDT

This Week’s BTMX Consumption: 391,924 BTMX

This Week’s BTMX Released from Private Sale Portion: 195,962 BTMX

This Week’s Total Platform Trading Volume: 2,412,000,000 USDT

Top 5 Gainers & Losers of the Week:

Top 5 Gainers			Top 5 Losers
Rank	Token	Change %	Rank	Token	Change %
1	ZIL	37%	1	QCX	-23%
2	ADA	34%	2	ANKR	-17%
3	VET	26%	3	FRM	-12%
4	RUNE	21%	4	OLT	-11%
5	LTO	19%	5	COVA	-7%

Platform Update:

• 6.2 – Implemented a new smart contract for BTMX. Users’ assets and the total supply BTMX were not affected.
• 6.3 – Implemented "Signup/Login with Phone Number" function. Users can sign up with phone number or bind a number to their existing account for direct login with phone numbers.
• 6.4 – Launched Copy Trading Service. A total of 19 traders chose the service on the first day, with trading return as high as 7.38%. To celebrate the launch, the first 100 subscribers who share return posters and submit screenshots will each be eligible for 10 USDTR tryout bonuses.
• 6.5 – Launched RVX Net-Buy Contest with Trading Rebate. Users meeting net-buy requirement will be ranked and eligible to share total of 350,000 RVX trading rebate.
• BitMax.io will update the liquidation mechanism for Margin Trading with introduction of BLP (Backstop Liquidity Provider) program on June 9th, 10:00 a.m. EDT. The updated liquidation mechanism is designed to minimize market impact, and therefore mitigate risk associated with price capitulation caused by the liquidation under extreme market volatility.

Upcoming Events:

• Enable placement of Take-Profit & Stop-Loss orders at the same time.
• Research and design of Isolated Margin Mode for futures trading.
• Develop Futures Tryout Bonus function for APP.

For more information, follow BitMax.io on:

Official Website: BitMax.io (BTMX.io)

Official Telegram Community: https://t.me/BitMaxioEnglishOfficial

Official Telegram Announcement Group: https://t.me/BitMaxOfficialAnnouncement

Official Telegram Customer Support: BitMax.io Support (@BitMax_Official)

Official Twitter: BitMax_Official (https://twitter.com/BitMax_Official)

Official Facebook: @BitMaxOfficial (https://www.facebook.com/BitMaxOfficial/)