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Leading decentralized storage innovator Lambda announces exclusive listing on BitMax.io cryptocurrency exchange

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Leading decentralized storage innovator Lambda announces exclusive listing on BitMax.io cryptocurrency exchange
Source: Lambda

Lambda, the leading decentralized infrastructure project providing innovative unlimited and scalable data storage capabilities on the blockchain, will be listed on BitMax.io [BTMX.com], the reputable and innovative digital asset trading platform founded by a group of Wall Street veterans.

Lambda has selected BitMax.io to manage its primary token listing on its cryptocurrency exchange platform. Each token will sell at USD $0.01. Lambda is on the Ethereum blockchain, and the LAMB is an ERC20 token. The listing went live on December 26, 2018. The partnership is a testament to Lambda’s continuous success and profound thought leadership in the decentralized storage field.

We are honored to announce the exclusive availability of our LAMB token via the BitMax.io exchange,” said Lucy Wang, co-founder and CMO of Lambda. “By collaborating with BitMax.io, we are capable of bridging our communities and growing the decentralized blockchain storage market. Our partnership denotes the continued drive and scientific application the Lambda team dedicates to expanding the project and ensuring its success. As we promised our community, we look forward to delivering on an exponential impact to the decentralized storage market in cooperation with BitMax.io as our listing partner.”

BitMax.io not only has the lowest transaction fees in the industry, which is set at 0.04%, but also provides exceptional infrastructure support and trading experiences, with its 24/7 global operations, real-time trade settlement, and the fastest transaction rates in the industry at 400k TPS. Moreover, as BitMax.io offers the option of reverse-mining for Maker trades, users not only get rebates by executing Maker trades but also “return” the equivalent market value of BTMX tokens [the platform native token] by the platform deducting them from the user’s account. The returned BTMX tokens will be locked up permanently, hence reducing the number of tokens in circulation.

“Supported by the excellence of Lambda is the established presence of BitMax.io as the world’s first 3rd-generation cryptocurrency exchange platform,” said George Cao, Founder & CEO of BitMax.io. “The BitMax.io team has extensive expertise in the areas of traditional finance, capital markets, technology, high-performance quant trading and token economics. The Lambda token listing will be another great value add-on for BitMax.io.”

As an innovator in the decentralized blockchain space, Lambda fulfils services such as multi-chain data, co-storage, cross-chain data management, data privacy, provable data possession [PDP], and distributed intelligent computing through logic decoupling and independent implementation of Lambda Chain and Lambda DB. Through its advanced ecosystem and architecture design, Lambda is expected to play a significant role in the fields of IoT data storage, artificial intelligence, public data access, and blockchain-based data transactions.

In November 2018, Lambda announced its groundbreaking open-source Proof-of-Space-Time [PoST] protocol as the first available to developers worldwide on GitHub, the world’s leading software development platform. Additionally,Lambda is expected to release its research yellow paper later this year and launch its main network in Q2 2019.

About BitMax.io

BitMax.io [BTMX.com] is the leading 3rd-generation of digital asset trading exchange with the industry very first transaction mining & reverse-mining mechanism. Since its initial launch in August, BitMax.io has been steadily moving up the ranks in the competitive exchange space with its client-centric focus and continuing trading innovation: the platform completed its early stage financing round with strategic investments from many of the industry’s top venture capital institutions including FBG Capital, BitMain and Matrix Partners China; it is the industry first exchange that applies both trans-fee mining and reverse-mining; and within the first 24 hour of the launch, the industry FIRST transaction-mining and REVERSE-mining, the trading volume on BitMax.io (BTMX.com) had reached approximate 1.4 billion USD.

About Lambda:

Lambda is a fast, safe, and scalable blockchain infrastructure project, which provides decentralized applications [DAPPs], data storage capabilities with unlimited scalability and fulfils services such as multi-chain data co-storage, cross-chain data management, data privacy protection, provable data possession [PDP], and distributed intelligent computing through logic decoupling and independent implementation of Lambda Chain and Lambda DB. For more information, please visit the official website.

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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.

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Daniel Mehta

+60106540023

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