Our One-minute Digest

Feb 20 – Feb 26, 2021


Platform Update

  • Currently listed a total of 170 tokens with the product offering BTMX investment Multiple Card, Airdrop Multiple Card, Staking Service, BTMX Investment, etc., for potentially higher rewards.
  • BitMax.io listed LUSD (LUSD) under the trading pair of LUSD/USDT. LUSD is a stablecoin issued on the Linear Finance platform (1 LUSD = approximately 1 USD).
  • BitMax.io will Oxygen (OXY) under the trading pair of OXY/USDT. Oxygen Protocol is an on-chain, decentralized, non-custodial prime brokerage built on the Serum DEX and ecosystem, running on fast Solana public blockchain, and seeded by the Maps. me 2.0’s massive userbase.


Activities in the Spotlight

  • To celebrate the listing of Oxygen (OXY), BitMax will conduct two separate auctions on March 11 from 9:00 a.m. EST to 10:00 a.m. A total of 2,000,000 OXY will be auctioned between a "Standard" auction and an "Uncapped" auction.
  • BitMax.io will be conducting a system upgrade to implement the new isolated margin mode for perpetual futures contracts from 11:00 a.m. EST on February 27 to 3:00 a.m. EST on February 28. Please take necessary measures before the upgrade, such as adding margin, lowering the leverage, or even closing the positions to avoid potential risks like forced-liquidations caused by market volatility.


BitMax Ecosystem

  • Distribution Pool:3,579,629 USDT
  • BTMX surged 56.86% this week.
  • Total Est. Daily Profit/1MM BTMX The Last Week: 288 USDT
  • Diverse global communities with 74,280 users from Korea, Russia, India, Turkey, Vietnam, Italy, Japan, Spain, etc., up by 433 4over last week.



DeFi Project Highlights

  • Router(ROUTE): 2-month pre-staking program with a great chance to earn 20% est. APR.



DeFi Yield Farming Strategies & Est Annualized Yield

  • Curve - USDT:6.65%
  • HARD - USDX:9.3%
  • HARD - HARD:21.92%


Learn with Us - How to Increase Your Chance of Winning at Oxygen (OXY) Auction on BitMax?

There will be 850 winners of 2,000 OXY in the "Standard" auction, and 150 winners of 2,000 OXY in the "Uncapped" Auction. Both auctions will be conducted simultaneously, and BitMax users can bid in both auctions with USDT + BTMX (or BTMXP) to increase their likelihood of winning the auction.

OXY Standard Auction - BitMax users with trailing 14-day average BTMX holdings ≥ 10,000 BTMX or trailing 30-day trade volume ≥ 30,000 USDT will be eligible for Standard Auction participation. Each BitMax user can place bids for up to 6 bid items in the Standard Auction

OXY Uncapped Auction - Main features of the Uncapped Auction include price discovery with a minimum bid amount and no maximum and participation by bidding 200 USDT + as much BTMX / BTMXP as you'd like. The auction will close at your bid or better if you are amongst the top-150 best bids. So please bid aggressively to win