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BitMax.io Announces Primary Listing Partnership with BOLT

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BitMax.io Announces Primary Listing Partnership with BOLT
Source: Nikki Zhang

BitMax.io, the industry-leading next-generation digital asset exchange, has announced a strategic partnership with BOLT, a company whose vision is to be the largest mobile wallet in the world, powered by content. BitMax.io will primarily list BOLT [BOLT] under the trading pairs of BOLT/BTC and BOLT/USDT. Trading will start at 9:00 a.m. EDT on Mar 26th, 2019.

What is BOLT?

BOLT’s vision is to be the largest mobile wallet in the world, powered by content. Built on Zil-liqa, the fastest Blockchain platform, its mission is to democratize the chain between content producers and users.

BOLT has focused their efforts in building token utility partnerships, including hardware manufacturers like Hisense in South Africa [over 6M active devices], partnering with International Cricket Council to broadcast the Cricket World Cup in June 2019, exchanging tokens for mobile data plans with Digi [part of Telenor, with over 11.8M subscribers] in Malaysia, and having an ecosystem of telco network operators around Asia and Africa with a user base of almost 80M users.

The BOLT ecosystem is democratic, enabling secure, direct access between consumers and content producers. Everyone is welcome to participate. On BOLT+, our video streaming service, those who create content can earn tokens from those who view the content. Those who help the community by voting on content can earn tokens as well as those who translate content into another language. Eventually, we will also allow users to trade BOLT tokens for discounted mobile data plan top ups either through direct redemption or bidding on the BOLT Marketplace.

Gluing the whole ecosystem together is the BOLT Wallet, which will be released at the end of Q2 2019. BOLT users will be able to use the BOLT Wallet to top up BOLT Token balances [via telco redemption or external wallet address], send BOLT Tokens to other users, trade BOLT Tokens for access to other parts of the BOLT ecosystem . This access includes the BOLT Market-place and access to premium content on BOLT+ [interactive video app]. Loyal advocates of BOLT are rewarded through user referral programs, or with exclusive access to premium pro-gramming that is first to air.

The advantages BOLT offers

Key takeaways:

  • BOLT has existing Partnerships with hardware manufacturers, telco networks and premium content partners. BOLT has 2 main products – “BOLT+”, a video streaming service, and the BOLT Wallet. The vision is to be the largest mobile wallet in the world, powered by content, and to bring the benefits of the blockchain [security, democratization, and access] to a mass audience.
  • BOLT will launch a blockchain ready wallet, “BOLT Wallet” for mass adoption by Cricket World Cup 2019, a global event which will be watched by millions.
  • BOLT has integrated with blockchain ecosystem partners such as Zilliqa, Bitmax.io, and Switcheo for purposes of the permissionless blockchain, token trading and token to telco mobile data marketplace infrastructure respectively.
  • BOLT’s upcoming global sports events on the radar for 2019 to be enabled by the blockchain includes the Rugby World Cup in November 2019.
  • BOLT has an all-star team hailing from Facebook, Twitter, Coca Cola, Samsung and more.

Present access to entertainment involves too many middlemen. Mark-ups are excessive leading to higher costs for end-users and content partners don’t have much incentive. Existing social media and video content platforms have high bandwidth consumption that makes them expensive and ineffective in the developing world. Mobile network infrastructure cannot support 4G and 5G. A centralized business model that collects data and sells it to advertisers is becoming increasingly unattractive. Such business models are also unable to mobilize the community to self-censor and to moderate to community-determined standards.

BOLT will offer bandwidth friendly, interactive content accessible on mobile devices. It will give emerging markets access to informational, uplifting and localized content.

The BOLT team

BOLT is run by a proven network of digital strategists, venture builders and media veterans from some of the biggest companies in the world including Facebook, Coca-Cola, PayPal, Samsung, and Twitter. The team all has one thing in common – the desire to build a meaningful, global movement for the underserved.

Jamal Hassim is the Founder and CEO of BOLT. He is a seasoned broadcast, media, and technology entrepreneur. Prior to founding BOLT, he held key management positions in NTV7, 8TV, and the TV3 group. Before this, he was the Chief Operating Officer of SPH Mediaworks in Singapore.

Christel Quek is the Co-Founder and Chief Commercial Officer of BOLT. As a technology executive, she has built brands and digital businesses since the advent of the digital economy. She is also an Advisor to Zilliqa, a next-generation high throughput blockchain platform. Previously, Christel was Head of Content at Twitter across International Markets and led Social Business for Samsung Asia.

What is BitMax.io?

BitMax.io is the industry leading next-generation digital asset exchange that provides a broad range of financial products and services to both retail and institutional clients across the globe. This innovative trading platform was founded by a group of Wall Street quant trading veterans and built upon the core values of blockchain, transparency, and reliability, to deliver high-quality client services and efficient trading experience.

The introduction of the trading model that combined “transaction-mining” and “reverse-mining” by BitMax.io is definitely revolutionary in the competitive crypto exchange space where “transaction-mining” can be quite common practice. Transaction-mining rewards platform users with tokens for trading on a platform. However, with “reverse-mining” mechanism, BitMax.io plat-form users receive not only BTMX tokens as a reward for trading on the platform but also rebates for executing maker trades. Since the launch last November, the combined trading model has proved effective to bring additional liquidity to the platform.

BitMax.io always strives to provide its global users with a comprehensive set of trading products. Its newly launched margin trading function is another step forward from product offering perspective to better serve their dynamic trading needs. For those users who understand and acknowledge the risks involved in margin trading, the function allows users to borrow funds from the platform and to trade more digital assets than they normally could afford. The list of digital assets that can be traded on margin has increased from the initial four to 18 different tokens, even including BTMX platform native token. Again, this is the pioneering move among all the exchange players, that not only builds upon its progressive BTMX token economics but also ex-pands the utility functions of BTMX, especially with those BTMX under lock-up that can be used as collateral.

Overall margin trading can bring more trading volume and enhance liquidity on the platform. As users have more buying power, they can leverage tradable assets as collateral for potentially high returns on their investment when prices go up. However, they must take the risk of potential loss-es when prices move down. [The margin trading function of BitMax.io is not available for North American markets].

A Collaborative Partnership

With the commitment to listing only top-quality industry products as part of its client-centric strategy, BitMax.io has expanded its global client base to over 110,000 registered users with 40,000 active community members. Over the last few weeks, the team has successfully launched the primary listing of seven innovative new projects and the BOLT listing will be another great one. BitMax.io and BOLT are both dedicated to promoting the broad-based adoption of crypto-currencies with focus on real-world usability and scalability.

For more information, follow BitMax.io on Twitter, RedditTelegram, Medium.
Contact here.



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Press Release

SnapEX: a Contract Trading Platform for everyone-Featuring as app, A web Trader and Discounted Fees

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A Contract trading Platform for everyone--Featuring as app, A web Trader and Discounted Fees
Source: SnapEX

Hong Kong-SnapEx, a new cryptocurrency contract trading platform has just launched a web trader and offering 50% off its transaction fees until further notice.

Contract trading – a financial instrument that allows traders to profit from market movements without owning the trading asset – is relatively new in the crypto market. There are only a few platforms offering crypto contract trading and are mostly catered for experienced traders. SnapEx, on the other hand, is created for the every day trader – making it an ideal option for everyone from first-time to seasoned traders.

Unlike other contract trading platforms, the digital asset prices on SnapEx are far more stable – achieved by using a K-line weighted average drawn from 4 major crypto exchanges. There is also zero platform spread which minimizes slippages.

Users can trade contracts on SnapEx from as low as 5 USDT and leverage as high as 100x. The low entry bar into contract trading on SnapEx aims to attract both crypto and non-crypto traders while encouraging greater adoption of the blockchain industry.

Ee Wui Yang, the CMO of SnapEx, said,

“We created SnapEx for everyone, no matter your age, gender or trading expertise. In fact, we’ve made it as easy as possible for even novice users to trade easily on our platform. We have lots of plans to roll-out in the near future, and we can’t wait to share the news with all of you.”

With the official launch of SnapEx web trader, users can choose to trade using the app, web trader or both. Those who prefer trading exclusively on a PC or laptop can now trade easily from their desktops.

SnapEx web trader features an integrated trading view, industrial grade charts, a full range of TA tools, and modular viewing panels that allow users to shift layouts to their preference – including choosing between light or dark themes. The user-friendly toolbars on the web trader also allow users to quickly gain access to available trading pairs on the platform.

With SnapEx contract trading, you can easily hedge market risks with only a small amount of capital and without needing to purchase the actual trading asset. In addition, SnapEx contract trading does not have an expiry date, which allows the flexibility to close positions according to market changes.

Since its launch early this year, SnapEx has entered into a series of strategic partnerships with industry-leading platforms like EcoTree [South Korea’s leading new cryptocurrency promotion company], Coin25ex [a large real-time cryptocurrency trading platform based in South Korea], and Bestex [a professional digital asset spot trading service provider].

Ee Wui Yang, the CMO of SnapEx, stated,

“These tripartite partnerships were made in a bid to create greater value for all our traders, with both parties reaching a consensus of empowering user autonomy and returning real value to our users. We’re in this for the long haul and looking forward to making crypto contract trading accessible to everyone.”

SnapEx is rapidly expanding, continuously improving its products and offerings, and currently in the process of securing more key partnerships to multiply value for crypto contract traders and bolster relationships within the blockchain industry. The team is in this for the long haul and committed to becoming a new global force in this exciting, bourgeoning cryptocurrency trading space.

About SnapEx

SnapEx is a global service-oriented digital currency contract trading platform created and managed by a professional R&D and dedicated management team. The platform provides a user-friendly yet robust trading system, secure and rigorous fund management, and intimate services.

SnapEx is headquartered in Hong Kong and has offices in many parts of the world, including Seychelles, Singapore, South Korea, Japan, Malaysia, Vietnam, and many more.

With its easy-to-use and systematic trading solutions, SnapEx encourages users to make more rational professional contract trading decisions in a verifiable, self-disciplined, and programmable manner.

Media Contact

Daniel Mehta

+60106540023

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