On July 23, the MAX digital asset exchange officially listed five new virtual currencies: OmiseGO (OMG), 0x (ZRX), Basic Attention Token (BAT), Golem (GNT), and KyberNetwork (KNC). These five tokens were carefully selected by the MAX exchange team based on project quality and community support.
All five tokens currently rank within the top 100 on CoinMarketCap, with their team backgrounds and development projects generating significant market anticipation.
Detailed Overview of the Newly Listed Tokens
OmiseGO (OMG)
OmiseGO aims to achieve real-time clearing through decentralized technology, enabling individuals without bank accounts to participate in transactions seamlessly.
0x (ZRX)
0x is an open-source protocol designed for peer-to-peer exchange of ERC-20 tokens. It allows buyers and sellers to engage in automated transactions directly through smart contracts.
Basic Attention Token (BAT)
BAT is developed by the company behind the Brave browser, which empowers users to avoid unwanted advertisements while rewarding them for attention.
Golem (GNT)
Golem’s objective is to create a decentralized marketplace for computing power, allowing users to rent out their idle computer resources or purchase computational power for specific tasks.
KyberNetwork (KNC)
KyberNetwork strives to enable instant token swaps via its proprietary decentralized exchange technology, creating a seamless connection between users and service providers.
It is worth noting that both OMG and KNC have Ethereum founder Vitalik Buterin serving as an advisor to their projects.
EOS Mainnet Launch Coming Soon
Another highly anticipated token, EOS, is scheduled for its mainnet launch on July 30. Deposit and withdrawal functionalities will open starting July 25.
EOS is widely recognized for conducting one of the longest initial coin offerings (ICOs) in history, lasting a full year. With substantial financial backing, EOS is both highly competitive and controversial. It aims to develop a blockchain public chain that could potentially rival Ethereum, serving as a foundational operating system capable of supporting a large number of decentralized applications (DApps).
MAX Mobile App Now Available
In addition to expanding token offerings, MAX Exchange has also launched a mobile application. Users can now trade on the go with ease by downloading the “MAX Exchange” app from the App Store or Google Play.
Incentive Program for New Users
To encourage user deposits and trading activity, MAX is running a promotional campaign: users who maintain a total asset value exceeding NT$26,000 by the end of July will receive 80 PAL tokens as a reward.
Currently Listed Tokens on MAX
The MAX exchange now supports the following cryptocurrencies:
- BTC
- ETH
- LTC
- BCH
- MITH
- USDT
- TRX
- CCCX
- PAL
- OMG
- ZRX
- BAT
- GNT
- KNC
Coming soon: EOS.
Frequently Asked Questions
What is OmiseGO (OMG)?
OmiseGO is a decentralized finance project aimed at enabling real-time, peer-to-peer transactions and liquidity services, particularly for users without access to traditional banking.
How does 0x (ZRX) work?
0x facilitates the trustless exchange of ERC-20 tokens through smart contracts, allowing users to trade directly without a centralized intermediary.
What makes Basic Attention Token (BAT) unique?
BAT integrates with the Brave browser to create a new digital advertising model where users are rewarded for their attention, and advertisers can engage audiences more effectively.
Can I earn with Golem (GNT)?
Yes, you can rent out your unused computing power to others on the Golem network and earn GNT tokens in return.
What is KyberNetwork’s main function?
KyberNetwork provides instant token swap functionality and on-chain liquidity, allowing decentralized applications to exchange tokens seamlessly without third-party involvement.
How can I start trading on MAX?
You can begin by creating an account, completing identity verification, depositing funds, and then exploring more strategies for trading these new tokens.
Whether you are new to crypto trading or an experienced investor, MAX’s expanded token list and user-friendly app offer a solid platform for diversifying your portfolio. Don’t forget to view real-time tools to enhance your trading decisions.