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.
I started out on BitMax myself. Participated in trading competition of some newly listed tokens, and got rewarded when I did win. I agree with you, BitMax is one exchange with a transparent team. I like the fact that they do well to educate the users on every token before IEO or Listing. Awesome.
Actually bitmax for me was the first exchange app I downloaded and used in their early days. I bought dirt cheap but wasn't confident in the team @ the time. Weeks later I was in regret.