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BitXmi Exchange Review: Championing Fast Cryptocurrency Transactions

| Updated
by Benjamin Godfrey · 3 min read
BitXmi Exchange Review: Championing Fast Cryptocurrency Transactions
Photo: BitXmi

BitXmi launched its native cryptocurrency, the BXMI token, back in August 2020. Designed as an ERC-20 token, BXMI gears to facilitate the trading activities on the platform, while also being utilized in its loyalty campaigns.

BitXmi is one of the few exchanges with a global presence that prides itself as the go-to trading site for fast crypto transactions. Based out of Singapore, the platform’s services are a testament to the innovative offerings tailored to every user’s need.

There are hundreds of trading sites serving the ever-expanding digital currency ecosystem today. To gain a fair share of the market, the products and services must equate with, or outpace what is currently available. The establishment of BitXmi Exchange has this in mind, rolling out over 40 cryptocurrency trading pairs for trading. The platform also kicked-off with some unique features, as outlined below.

Key Features of the BitXmi Exchange

BitXmi exchange extends a fee rebate incentive to its high-volume traders and market whales. Fee rebates generally involve cutting back on the transaction fees paid by a customer or by making a scheduled refund to these categories of traders, all in a bid to build loyalty.

As a highly liquid exchange, a daily trading allowance of up to $1,500 per day is permitted for new users and $44,000 for verified traders. The funds in custody of the platform are insured, guaranteeing both old and new users the confidence for payback in the case of any hack or similar mishaps.

The design of the BitXmi exchange is such that a non-technical trader or investor can have a smooth experience while using the platform. There is an easy-to-understand interface infused with fast API protocols built to facilitate smooth trading also has a native client for both iOS and Android users.

The insurance of funds has no room for security laxity. The company boasts of cutting-edge security measures. “At BitXmi, the security and safety of our users are topmost priority. Our exchange features several traditional security measures to protect our users from unpleasant experiences” said the exchange.

The network is protected by trusted security firewalls and customer’s digital assets are stored in cold wallets. This makes the funds free from all forms of hack. Additionally, the exchange has recruited a Money Laundering Reporting Officer (MLRO). This official works at a senior level, independently, and above all procedures. He checks and ensures that trading meets the industry rules with respect to Know-Your-Customer (KYC) and other such requirements.

Owing to its global presence, the platform has multilingual support that includes English, Mandarin, Hindi, French, and Korean amongst others.

Governance Token Performance and Robust Community

BitXmi launched its native cryptocurrency, the BXMI token, back in August 2020. Designed as an ERC-20 token, BXMI gears to facilitate the trading activities on the platform, while also being utilized in its loyalty campaigns.

The tokens are also used for transaction fees with discounts. Early BXMI holders also enjoy profit sharing up to 12% of the BitXmi yearly income.

The BXMI token has outperformed its peers, surging by over 500% to date according to a blog post published by the company. BMXI maintains an active community on social media channels including Twitter, Facebook, and Instagram.

BitXmi has a management team led by its Chief Executive Officer Mr. Sanjay Jain, and CFO, Mr. Nilesh Golakia. Through the leadership provided, the exchange is set to outpace its mainstream competitors in no time.

Altcoin News, Blockchain News, Cryptocurrency news, News
Benjamin Godfrey

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.

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