I worked with Bitmax even before its rebranding, and after the changes, the essence of the platform remains the same. It is still a Chinese platform. They are far from reaching the level of Binance, and I doubt they will be able to get close to that level. Their turnover is around 100 million dollars a day (for comparison, Binance has about 11 billion), so by this measure, they barely make it into the top hundred. Because of this, liquidity leaves much to be desired. However, if you trade popular pairs, there won't be any problems. The exchange provides all the necessary tools for trading, including various types of orders, spot and margin trading, futures, staking, and much more. Personally, the lack of fiat doesn't bother me, as many large exchanges also don't have it, and that's normal. The fees are average, and the withdrawal rates are low. There are no issues with payouts; everything is withdrawn in full. Overall, the exchange is decent, providing opportunities for earning and withdrawing funds.
