BitXmi is a cryptocurrency exchange based in Singapore and has operations performing globally. BitXMi launched its native cryptocurrency the BMXI token back in August 2020 and is one of the most secure global digital asset exchanges for users to trade on.
BXMI aims to facilitate trading activities that include more than 40plus coin pairs with famous cryptocurrencies such as Bitcoin, Ethereum, and many more.
It is one of the few exchanges that manifest themselves into faster crypto transactions. While there are hundreds of trading sites that are expanding digitally across the globe, BitXmi promises to ensure fair and faster services in trading.
To gain some deeper insights, let’s understand some of the key features of BitXmi:
Funds on BitXmi are insured
At BitXmi, insurance and security of funds are at the topmost priority. Its features include several safety measures to protect its users from any kind of bothering experience. Funds are insured and are given proper attention in providing their users with a seamless experience.
Fee Rebates offered for high volume traders and whales
BitXmi exchange increases fee rebates for its high-volume traders and whales. It involves reducing the transaction fees paid by a customer or by making a scheduled refund to these categories of traders.
As a highly liquid exchange, BitXmi allows high trading limits of up to $1500 per day for news users and 99BTC for its verified users.
The BitXmi exchanges offer a quick and efficient order matching system involving buying and selling of cryptocurrencies.
Faster Trading on API protocols
BitXmi exchanges are infused with faster and easy-to-understand API protocols. It emphasizes smoother trading irrespective of IOS and Android users.
BitXmi servers are backed by the best security measures in the industry. BitXmi exchanges utilize cold wallets to store funds of traders and all the funds are insured.
Being one of the best exchanges in Singapore, BitXmi is fully committed to ensuring that its platforms are not used for any kind of money laundering, terrorism funding, or indulging in the facilitation of any crime.
All the customer’s digital assets are stored in cold wallets which further prevent them from any kind of data tampering or hack.
Moreover, the exchange has recruited a Money Laundering Reporting Officer (MLRO) who works at a senior level, independent, and above all procedures. The officer checks and ensures that trading meets the industry rules and requirements.
What are the benefits to BitXmi Token Holders?
The BitXmi team will provide a financial report for the users at the end of the year. Considering the report, 12% of BitXmi yearly income will be shared between the first owners bxmi tokens(if a user will sell or send tokens to another user, the bonus wouldn’t work anymore)
It would be calculated as follows:
12% of BitXmi yearly income / whole amount tokens sold on token sale * amount of tokens held by the user.
Bxmi token holders will receive special discounts on platforms and services. However, the discount amount would entirely depend on the number of held tokens and the period of token held time.
Additionally, BitXmi token holders would have the ability to pay platform fees with tokens. The BitXmi team will also organize special meetups with the biggest BXMI holders, and additional information will be provided on the website soon.