2020 Evaluation and 2021 Outlook – Our Steady Pursuit of Breakthroughs, Excellence and Win-Wins

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World digital asset buying and selling platform. Alternate for Bitcoin and different crypto cash & tokens.

Pricey BitMax.io Customers, Neighborhood Members, Companions, and Supporters,

Completely satisfied New Yr!

The 12 months 2020 was a memorable one for all of us at BitMax, our group members, and to a big extent, the whole {industry}. Not solely did main digital belongings obtain broader adoption globally, however the ever-evolving panorama additionally noticed great progress.

Driving the wave of the current market increase, BitMax has additional accelerated our exceptional progress alongside the event of the broader digital asset ecosystem.

In 2020, we continued constructing on our innovation-focused core power to catalyze enlargement from product design to {industry} partnership enlargement. With a client-centric mindset ingrained, our international groups have labored across the clock to boost each potential product element based mostly in your suggestions and solutions to ship a dependable and seamless buyer expertise. 

After three years, we’ve expanded our international footprint to 5 operational facilities servicing well-diversified customers throughout 196 nations. From a holistic product providing perspective, we’ve accomplished the total integration of “Money –Margin – Futures – Staking – DeFi Mining” that harnesses the expansion advantages of a virtuous cycle for each retail customers and complicated establishments. 

In 2020, the whole variety of BitMax.io customers elevated by 300%. Our platform at present helps 5 completely different languages and 11 fiat- enabled deposit companies through partnerships with third-party distributors.  2020 marked a serious step ahead in group engagement with the launch of the “World Neighborhood Captain Program.”

Since then, we’ve engaged many new customers by way of collaboration with over 100 high crypto communities.  On the itemizing entrance, BitMax carried out over 20 major listings, of which 7 public sale tasks consuming 20 million BTMX.

Allow us to recap our 2020 key accomplishments and milestones and share our ideas on strategic priorities for 2021. 

• Supplied fast assist for the areas hit laborious by Covid-19 pandemic with the donation of medical provides.

• Launched derivatives buying and selling through a bitcoin perpetual contract with as much as 100x leverage and a particular danger engine. 

• Strengthened institutional consumer penetration with devoted companies of complete product suites and infrastructure upgrades.

• Launched industry-leading Staking Service which at present helps staking of 35 tokens with high efficiency in returns, staking ratio in addition to whole staked belongings.

• Launched Neighborhood Captain Program for lively engagement with over 100 digital asset communities. Reached out to over 10 million customers and laid the cornerstone for BitMax’s continued international enlargement.

• Hosted the primary DeFi Evening in Shanghai, China. The occasion attracted a number of main media retailers and a whole bunch of seasoned professionals within the digital asset area.

• Rolled out DeFi Yield Farming, a easy and easy-to-use farming product for customers to maximise potential returns on capital.
• Hosted the second DeFi Evening in Shenzhen, China.

• Supplied multiple-language web site assist to higher serve an more and more various international userbase.

• Launched the assist for 25X leverage for margin buying and selling of 53 tokens with distinctive options akin to one-click unwind, auto borrow/repay through buying and selling, and cross-asset collateral mode designed to boost consumer funding effectivity.

• Carried out public sale for Terra Virtua (TVK) and Bonfida, following spectacular public sale outcomes of xDai Chain, Swingby, Serum, Stafi, and Akash earlier this 12 months. In whole, 20 million BTMX have been consumed with these seven profitable auctions in 2020.
• Hosted BitMax 2nd 12 months anniversary celebration in Beijing, China. The occasion introduced collectively over 200 blockchain traders, merchants, customers, and entrepreneurs and featured a number of rounds of in-depth dialogue led by our staff on key {industry} thought-leadership matters from the newest developments in digital asset buying and selling to challenges and future growth of DeFi. 

2020 was a breakout 12 months for BitMax, pushed by our steady modern product growth and early-mover benefit in strategic alignment with the main tasks from DeFi ecosystem.

At present, the platform lists 156 digital belongings from a wide-range of industry-leading blockchain tasks and provides buying and selling companies throughout over 200 buying and selling pairs with a median day by day buying and selling quantity of $300 million throughout money, margin, and futures merchandise.

Our communities have been sort sufficient to acknowledge BitMax as “the Buying and selling Platform of the Yr. “

Distinctive efficiency in 2020 laid a powerful basis for 2021. However there may be nonetheless a lot work to be accomplished.

Trying again on our previous three-year journey by way of the ups and downs of crypto markets, we’ve all realized the trail to sustainable enterprise progress is just not solely constructed upon well timed seizing the market alternative, but additionally supported by relentless execution of client-centric technique, international operational effectivity, and steady product and infrastructure enhancement on the long run.  

Subsequently, in 2021, our strategic priorities shall be centered round fine-tuning our operational methods for accelerated international consumer acquisition, deepening integration of Buying and selling-Staking-De-Fi product ecosystem, and upgrading our companies for higher consumer expertise: 

• Scale derivatives buying and selling and modern staking mechanism
• Enhance copy buying and selling and fiat on-ramp capabilities
• Optimize platform consumer functionalities and broaden group engagement for extra aggressive retail consumer acquisition and retention
• Improve VIP choices and infrastructure answer to additional speed up institutional consumer penetration
• Broaden and deepen strategic partnership with main gamers throughout the worth chain of digital asset {industry} 

With digital asset market capitalization and buying and selling quantity reaching an all-time excessive, the competitors has additionally intensified amongst all of the exchanges and buying and selling platforms, which we imagine will result in a brand new wave of progress alternatives. 

Trying forward, we’re assured that our custom of innovation, the spirit of steady enchancment, and the dedication to operational excellence will proceed setting us other than different rivals and assist us reaching a top-tier international buying and selling platform.

Consumer-first has all the time been a core a part of our international technique and execution.  On behalf of our total BitMax staff, we want to lengthen our honest appreciation to all of you. A lot of you may have been long-time supporters and customers of our platform from day one. We’re deeply grateful for all of your enthusiasm and suggestions that helps us enhance and excel. 

With 2021, we see a world of alternative for digital belongings and blockchain expertise to energy the markets of the long run. We’re very excited to maneuver ahead with you!

Want you and your family members a Completely satisfied and Wholesome Lunar New Yr!

CEO George Cao, COO Ariel Ling, and the BitMax staff
Feb 05, 2021


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