BinanceMax: An Automated Market Maker Decentralized Exchange.
INTRODUCTION
The Centralised and Decentralized financial system are distinct characteristics of the Crypto currency industry exchanges. The centralised financial system offers it's customers the following features; Know Your Customer assessment (KYC), Loging informations, indicators and charts, buy and sell orders market price list with all the trading history's to enable every intending investors and traders have a well view of the entire market. On the other hand the Descentralised exchange is known for its anonymity what the investors and token holders needs to do is just to connect their crypto currency wallet like the trust wallet or token pocket to start trading or swapping of token as quickly as possible.
It's the full responsibility of an investor and token holders to safeguard their digital assets by carefully safeguarding their mnemonic phrases. The Token holders and investors have little or no knowledge of the digital assets they are holding and wants to trade or even have the opportunity to see the charting tools, prices or pending orders, all this are left to be executed by Authomated market for market execussion. It is this impending loop holes that gave rise to the need for a more refined exchange platform that possess the features of a Descentralised and Centralised financial exchanges in a unifying way and that gave birth to Binance Max which will house the features of the Centralised exchanges in their Descentralised financial platform.
A Review of Binance Max
Binance Max is a unifying Descentralised exchange which houses the features of the Centralised exchange by simply importing the features of the Centralised exchanges. Binance Max is among the first Authomated market maker to have in-built trading tools and market charts. The Binance Max swap exchange supports margin and futures trading, Binance Max is one of the few exchanges which considers traders with low trading capital by building an exchange with leverage features that could give up to 100times of the money deposited this will help their customers to maximise their profits.
Other exciting features offered by Binance Max
? Daily Lottery Draw
Lottery will be conducted after every 24hrs to distribute up to 50BNB rewards to five lucky winners which are selected randomly among the token holders rank on bscscan, for participants to qualify for the draw you should purchase and holder Bmax tokens worth minimum of 0.25BNB which as a participant you are expected to have transferred or sold your coins for atleast 5days.
? Lending And Borrowing of Digital Assets for Margin Trading
For Margin trading and exchange Binance Max will give it's users the opportunity to Borrow and as well lend digital asset. In this way it will be a sort of revenue generator for the project by charging a must interest on their lenders and borrowers. For the purpose of regulation the borrowers and lenders would use the recommended digital assets by Bmax to allow its investors use the funds judiciously and still allowing the Bmax exchange to make a profit from this action. So it presents a win-win situation for for both parties.
? Yield farming on Bmax’s liquidity pool
Bmax project considers farming in Liquidity Pool (LP) to ensure the farmers use more tokens and fees, in this case more liquidity to the pool the more farmers can reap. This days yield farming has been the order of the day. It solely depends on which farmer brings the biggest gun in the case of liquidity pool also as Bmax tokens.
??Blockchain games and many upcoming features
This days games in considered the integral part of our lives as technology evolve. The video game industry is estimated to worth up to 152 Billion dollars by Techjury which is way too big for any industry to give a run up. The Bmax team considered this aspect and incorporated this to their project, this way investors will be rewarded with a very valuable tokens as they get involved and progress in the games. This is the same concepts Bitcoin adopted till Microsoft started accepting it as a means of financial settlement in its online shops. Bmax will also apply this same strategy and allow games to be played in their Descentralised exchange for a real value.
Binance Max swap
This will allow Bmax investors and token holders to securely swap their digital assets and trade digital currencies which will be done in a descentralised form, making it easier for the investors to swap their digital assets by just connecting their wallet in real time.
Binance Max Security and Safety
The Bmax project team considered security as a very important aspect of the Bmax project so they are working with professionals in security , experts, Auditing firms and Bug hunters to ensure unique and excellent security architecture is guaranteed. This will cover the entire Bmax platform.
BMAX Token
Bmax is a utility token that is generated automatically in the liquidity pool. With its automatic burn action which makes the maximum token supply reduced giving its token price real value and improved Bmax network. The Bmax token can also be staked to give it's stakers token. There is a 5% total transaction fees which 3% and 2% goes goes to the staking rewards and daily lottery wallet respectively.
Earning with Bmax Token
??Investments
Private sales is ongoin now for the Bmax project which about 145 BNB out of 750 BNB has been raised. The project team plans to do their public sales just after their private sales comes to an end. Because of the nature of the cryptocurry market the early investors tends to gain more because they buy when the project is still at the primary level and it's token cheap to reap profits when the project Finaly launches. Buy the Bmax token now it's cheap!
??Staking
This is a fixed deposit type of earning the Bmax token for a stipulated number of times. This will serve as a passive source of income. Thanks to the team for integrating this wonderful and unique feature. This helps to maintain a healthy token price.
BMAX token, A Community-Driven Token
Decision makers is solely depends on both the team and the token holders in this way it is considered the community driven token.
Exchange Listing and Binancemax Private sales
The Bmax is listed on Pancakeswap exchange that is facilitated by the BSC network. The link below is for the interested investors to buy the Bmax token at an affordable price, especting the price to appreciate in the near future.
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Roadmap
The below pictorial image below shows Bmax's road map spanning up to 2022.
Bmax Tokenomics
The chart showing below is a comprehensive detail information of the Bmax?token project.
Bmax Price
Token Name: Binancemax
Token Ticker: Bmax
Token Presale quantity: 500,000,000 (Per $500)
Token Presale price: $0.000001
Token Public sale quantity: 400,000,000 (Per $500)
Token Public sale price: $0.00000125
Soft Capitalization target: $100,000
Hard Capitalization: $500,000
Bmax's Project Team
The Bmax project is made up of professionals from around the geographical location. This teams is made up of marketing manager, website developer, sever operator and many more positions in the Bmax exchange project. Check the below image to get acquainted with this professionals.
Conclusion and personal view
The Binance Max project is a unique and phenominal one under the Binance Royalty. This project will go far and would be adopted in the mainstream utility purposes. With the 50 BNB daily lottery draw it will give the project the very best global recognition giving the Bmax project a fresh air. The burning, staking and farming features are very phenomenal features of the Bmax exchange which would reduce maximum and the circulating supply of the Bmax token. Get acquainted With this project today which will benefits the early adopters.
For more information visit the official links below:
Authors details
Igweemma1222
BTT profile link, https://bitcointalk.org/index.php?action=profile;u=2180566;sa=summary
POA link, https://bitcointalk.org/index.php?topic=5345498.msg57478983#msg57478983
BSC Wallet, 0xF41D8641D0FDfdDb1A8De999ebFaD86d5dc1be16
Ready to learn and acquire more skills
3 年Nice write up bro ??????
Waldorf Class and Subject Teacher, English
3 年Great
IT Enthusiasm
3 年Interesting ??
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3 年This very project is highly recommended for everyone in the Crypto space.