- Reward: 21.24%
- Adjusted Reward: 21.24%
- Compound Reward: 19.27%
- Adjusted Compound Reward: 19.27%
- Inflation: 42.59%
- Lock-Up Period: 1 day
- Total Staked: 71.45%
- Price: $1.26
- Market Cap: $744,236,607
- Rank: #115
BitMax Token is a native token of BitMax exchange. BTMX is a non-refundable functional utility token which will be used as the unit of exchange between participants on BitMax. The goal of introducing BTMX is to provide a convenient and secure mode of payment and settlement between participants who interact within the ecosystem on BitMax. BTMX does not in any way represent any shareholding, participation, right, title, or interest in the Foundation, the Distributor its affiliates, or any other company, enterprise or undertaking, nor will BTMX entitle token holders to any promise of fees, dividends, revenue, profits or investment returns, and are not intended to constitute securities in Singapore or any relevant jurisdiction. BTMX may only be utilised on BitMax, and ownership of BTMX carries no rights, express or implied, other than the right to use BTMX as a means to enable usage of and interaction within BitMax. BTMX would also function as the economic incentive to incentivise users to participate in the BitMax ecosystem. Users of BitMax and/or holders of BTMX. which did not actively participate will not receive any BTMX incentives
BTMX is BitMax (now AscendEX) native coin. It can be staked on AscendEX website (former Bitmax) or in AscendEX App.
AscendEX’s innovative staking product allows users to participate in staking and earn rewards directly on the platform. AscendEX aggregates users’ staking interest and delegates assets to trusted validators on their behalf. Simply click the “Delegate” button, and users will begin earning staking rewards.
1. Visit AscendEX.com – [Homepage] – [Investment Product] – [Staking].
2. On the Staking page, there is a list of projects available for staking service. You can select or search one to participate in.
3. For example, if you want to participate in BTMX Staking, click on [View].
4. On the BTMX Staking page, you can click on [Delegate Now] to directly stake the token. Or if you currently don't hold any BTMX tokens, click on [Buy BTMX] to purchase some on the Cash Trading page. Skip the next step if you already have BTMX tokens in your account.
5. On the BTMX/USDT cash trading page, you can purchase BTMX tokens by placing a Limit Order or Market order.
Go back to the BTMX Staking page and click on [Delegate Now] to continue staking.
6. You can also stake the token via [My Asset] – [ Cash Account] – [BTMX] – [Delegate].
7. Complete setup in the delegation pop-up window:
Note: Introduced by AscendEX, "Compound Mode" is an innovative feature that automatically redelegates the user's staking reward once it is distributed, thus compounding the returns.
8. After the delegation is completed, a ticker ending with a "-S" will appear on [My Asset]-[Investment Account] page to represent the staked asset.
Note: Users can unstake any time after delegation. For further details, please refer to How to Unstake and Stop Staking.
1. Open AscendEX App and then click on [Staking].
2. On the [All Staking] page, you can either search the token you want to stake or find it in the list below.
3. On the BTMX Staking page:
Note: Introduced by AscendEX, "Compound Mode" is an innovative feature that automatically redelegates the user's staking reward once it is distributed, thus compounding the returns.
4. On the BTMX/USDT cash trading page, you can purchase SWINGBY tokens by placing a Limit Order or Market order.
5. Go back to the BTMX Staking page and click on [Delegate Now] to continue staking.
6. Enter a delegation amount, check the AscendEX Staking Agreement box and click on [Delegate Now] to complete.
7. Staking details can be viewed under [My Staking].
Note: Users can unstake any time after delegation. For further details, please refer to How to Unstake and Stop Staking [App].