A young exchange from Taiwan offers its miners rewards with its New token
MarConi has launched its MAX exchange in Taiwan being the only large provider of digital asset platform. Initially, it offered Taiwan Dollar (TWD) to other cryptocurrency pairs and now there are 16 of them. At the global level, MAX Exchange offers 51 crypto pairs including USDT and TWDT. MAX Expansion TWD fiat trading is available […]
MarConi has launched its MAX exchange in Taiwan being the only large provider of digital asset platform. Initially, it offered Taiwan Dollar (TWD) to other cryptocurrency pairs and now there are 16 of them. At the global level, MAX Exchange offers 51 crypto pairs including USDT and TWDT.
TWD fiat trading is available only for the Taiwanese, but all other cryptocoin pairs can be exchanged at the global market. For this purpose, MAX users require registration to get access to Level 1. They need to provide their email and it will increase their daily withdrawal limit by $15,000. Every user who will also add a phone number and a photo with a verified ID will multiply this limit by 10.
According to the information of MAX representative, the unique feature of the exchange is a safe and secure storage of fiat assets by a third party bank trust custodian. The company also tries to convince mobile phone providers to make it possible for exchange users to control their assets on their smart devices as well.
MAX Exchange also makes everything for a development and support of its community ecosystem and that is why it is going to create it own token called MAX. The distribution of 30% of all these tokens that is equal to 150 million will take place via Transaction Fee Mining model.
According to this model, the more coins you mine, the fewer rewards you will get, while you can buy native tokens in the open market.
MAX Exchange is going to spend 80% of the trading fees to buy its own tokens and reward the users of the exchange: makes will get 40% of fees, takers – 10% and holders and stalkers – 30%.
The users get a chance to stake these tokens to enhance their staking power up to 5 times. Moreover, there is also an ageing boost component used to get an increase in power for longer staking.
MaiCoin has operated an extension of OTC platform called the MAX Digital Asset Exchange since 2014. The combination of MAX and MaiCoin allowed to make this digital asset platform the lo gets operating one in the market of Taiwan. According to the information provided by Alex Liu, MacCoin founder, he is going to expand his business further in Asia too. Both companies were also the first in the Taiwan market to trade multiple digital coins including BTC, ETH and LTC. Moreover, in 2014, this platform was the first in the world to facilitate fiat deposits through various ATMs and Kiosks.
In 2015, the business was focused on the launch of apps for facilitating POS transactions and make digital asset payments seamless.
In 2016, the company founded AMIS Technologies to improve building ETH blockchain solutions and now this company is a member of the EEA and a developer of the Istanbul Byzantine fault tolerant consensus protocol. Nowadays, the company continues cooperation with many leading banks to build innovative blockchain solutions.