If youre a newbie to cryptocurrency trading or development, Ill refer you to BitMax because youll stand a better chance of not being rekted. Thats because BitMax team seems to be transparent. I think people need to read the latest blog from Shane and learn about liquidity experts.
I have read the recent blog from Shane about Bitmax and yes he explained Bitmax it well and also how a exchange should be. And I totally agree with with your point that it will be suitable for newcomers as I'm also one of them.
Well have fun using BitMax, Ill advise you join the telegram community too. Theres always a weekly AMA held on the exchange on new listing.
Btw, is there a platform where users/traders could rate each exchange? That would have been super cool.