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Quote from: Lizcrypto on June 05, 2019, 03:33:39 PM

Well i am Intrested to know what will be the mark effect of volatility products on new customers??Please provide more information

it looks like these cards have no positive effect on the price of the BTMX tokens for now.
That's too much gimmickry for me now. It's fun in the short term, but for me it's not a serious product that helps to raise the exchange.
You can see that after the good start it is getting more and more difficult to convince the customers of the own stock exchange, so they try a lot at the moment.

Btmx price seems to be stuck at 89cents. I think thats because of the BitMax private sale tokens BTMXP. It makes BTMX look like a stable pair for exchange.

From these cards, BitMax will be getting some revenue right? People will be using those cards and I am assuming some fees will be taken from users ?

Every product launched by a centralised exchange is basically for profit motive. Bitmax would be selling the volatility cards at a discounted price and winners would redeem the cards at the notional value while loosers cards get expired. Expired cards are revenue for the exchange while winning cards are expenses.

Basically the more user lose more profit for Bitmax. And if users are winning all the bets then it's loss for BitMax.

Right. But when these cards will be available at BitMax exchange? Is it already available for buying?

I also really need answer of this question. As I visited and read their blogs but I couldn't found exactly where we get this card. Could someone give us information if anyone knows about it?