Introduction
of BitMax.io to CryptoCompare Users
BitMax.io is a
Singapore-registered digital asset trading platform servicing retail and
institutional clients across the globe. The platform sets itself apart from
the average cash trading competitors with its innovative suite of offerings
such as volatility and margin products. Complementing its current spot and
margin trading products, derivative trading will soon be launched on BitMax.io with a BTC Perpetual
Contract denominated in USDT before expanding to other assets and
derivatives products.
Led by Dr. George Cao (CEO)
and Ariel Ling (COO), BitMax.io's founding team comprises of
Wall Street quant trading and crypto trading veterans. The team has rich
experience working in top traditional financial firms including Morgan
Stanley, Deutsche Bank, Goldman Sachs and Bloomberg, as well as top digital
asset trading platforms such as Gemini. The founding team’s expertise in
traditional finance is clearly evident in the scope of the platform’s
offerings. The launch of its cross-asset collateral margin trading in February 2019 was a
shining example of the platform’s expansion of products beyond traditional
spot trading. Similar to the platform’s margin trading, the introduction of
Volatility Cards in June 2019 has
again showcased the team’s deep understanding of capital markets and
advanced expertise in financial product design.
As a new entrant to the
derivatives marketplace, BitMax.io seeks to differentiate its
platform with an innovative approach to system architecture design that
focuses on more efficient, resilient, and secure trading of leveraged
contracts. For example, the platform’s unique cross-asset collateral
feature is designed to promote funding flexibility to increase users’
buying or selling power while a robust liquidation engine is employed to
optimize position reduction and transfer risk away.
Press
Release
