BitMax Token (BTMX) Reaches Market Cap of $1.22 Billion

BitMax Token (CURRENCY:BTMX) traded 7% higher against the dollar during the one day period ending at 14:00 PM ET on May 15th. One BitMax Token coin can currently be bought for $1.85 or 0.00003421 BTC on popular exchanges. BitMax Token has a total market cap of $1.22 billion and approximately $13.93 million worth of BitMax Token was traded on exchanges in the last day. Over the last seven days, BitMax Token has traded 35.9% higher against the dollar.

Here is how other cryptocurrencies have performed over the last day:

  • Chainlink (LINK) traded 9% lower against the dollar and now trades at $42.33 or 0.00088457 BTC.
  • Polygon (MATIC) traded up 27.8% against the dollar and now trades at $1.82 or 0.00003811 BTC.
  • THETA (THETA) traded down 6.9% against the dollar and now trades at $9.43 or 0.00019705 BTC.
  • Binance USD (BUSD) traded 0% lower against the dollar and now trades at $1.00 or 0.00002089 BTC.
  • DREP (DREP) traded down 21% against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • Aave (AAVE) traded down 12.8% against the dollar and now trades at $528.75 or 0.01104965 BTC.
  • DREP [old] (DREP) traded 19.5% lower against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • Huobi Token (HT) traded 6.6% lower against the dollar and now trades at $31.35 or 0.00065516 BTC.
  • FTX Token (FTT) traded down 5% against the dollar and now trades at $54.32 or 0.00113508 BTC.
  • Dai (DAI) traded 0.1% lower against the dollar and now trades at $1.00 or 0.00002087 BTC.

About BitMax Token

BTMX is a coin. It launched on November 10th, 2018. BitMax Token’s total supply is 780,615,274 coins and its circulating supply is 660,615,274 coins. The official website for BitMax Token is bitmax.io. BitMax Token’s official message board is medium.com/bitmax-io. BitMax Token’s official Twitter account is @BitMax_Official and its Facebook page is accessible here. The Reddit community for BitMax Token is /r/BitMax.

According to CryptoCompare, “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. The native digital cryptographically-secured utility token of BitMax (BTMX) is a major component of the ecosystem on BitMax, and is designed to be used solely as the primary token on the platform. BTMX will initially be issued by the Distributor as ERC-20 standard compliant digital tokens on the Ethereum blockchain. “

Buying and Selling BitMax Token

It is usually not possible to buy alternative cryptocurrencies such as BitMax Token directly using US dollars. Investors seeking to acquire BitMax Token should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy BitMax Token using one of the exchanges listed above.

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