2021 has been one of the most successful years for the cryptocurrency market. After two years of stagnation, interest in cryptocurrencies has skyrocketed, leading to an unprecedented rise in their market valuation. The reason for such an industrious year for cryptocurrencies was the downturn in the world of traditional finance caused by the pandemic; which led to significant volatility in the digital asset market, and opened up many new opportunities for traders around the world.
Thanks to the growing support of retail and institutional investors, Cryptocurrencies such as Bitcoin and Ethereum have proven to be considerably resilient in the face of the economic crisis. The new surge in the cryptocurrency market has quickly turned them into one of the best-performing assets of 2020 — a resource more popular than traditional investment solutions such as gold or the stock markets.
Mr. Sanjay Jain, CEO of Bitxmi said “the Covid-19 pandemic has rocked the whole world, including our industry. We were deeply worried about the consequences of Black Thursday on March 12 and the fall in the bitcoin rate, but we did not give up and instead worked hard on our development. Thanks to our efforts, BitXmi has expanded significantly this year.”
BitXmi has had tremendous success as of late in relation to their exchange:
BXMI Token: On July 28th, an IEO was held for the BXMI token; the native token of the exchange. At the time of launch, the token was trading at $0.1. At the time of writing, it is trading at $0.70
BitXmi IEO Launchpad: On June 30th, 2020, BitXmi launched its own IEO Launchpad. This is a platform through which startups can declare themselves through the BitXmi crypto exchange by placing their tokens. The exchange provides marketing services for all projects.
Listing on BitXmi Crypto Exchange. Over the last year, BitXmi has added more than 20 new topical coins to their trading platform. The BitXmi team carefully selected each project that applied for listing.
Funding an Account with a Credit Card: In June 2020, it became possible to fund a trading account using credit cards on the exchange. The function is available for more than 30 world currencies.
Soft & Margin and OTC Trading on BitXmi. From December 25th, users can trade with a leverage of 3x, buy and sell high-volume cryptocurrencies with OTC trading, and make instant spot trades.
Bitxmi plans for the future
Add American Express, Visa Credit and Debit cards: Adding new transaction systems will significantly simplify the process of replenishing the trading balance for platform users.
Staking: With this feature, any user will be able to receive passive income simply by holding certain types of coins that support PoS mining on the account.
Online Webinars: The exchange plans to launch its own webinars based on the platform for teaching cryptocurrency trading.
BXMI as Mode of Payment (MOP): The developers of the exchange are working on implementing a function whereby users can pay trading commissions in BXMI tokens.
New BitXmi Website Interface: In the near future, the exchange will move to a brand new user-centered design. All existing functions will remain, and several new features will be added.
The success of BitXmi to date is largely accredited to the consistent introduction of innovative products and improved user experience, as well as the transparent operation of the platform; the stability of which users can confidently rely on.