Giottus is very happy to formally announce our partnership with Bitmax.io Bitmax.io is an upcoming international exchange based out of Singapore & New York. This is the first time an international exchange has a made a public announcemnt regarding their partnership with an Indian exchange.
This Partnership is a great news for the Indian customers for the multiple reasons.
Why Bitmax.io?
With strategic investments from the industry’s top venture capital firms which include Sequoia, FBG Capital, BitMain, Matrix Partners China, DHVC, GBIC, Perseverance Capital and Palm Drive, Bitmax is well geared to capture the Crypto Trading market share. The core management team of Bitmax, includes Wall Street executives with experience in capital markets and regulation from the likes of Deutsche Bank, Morgan Stanley, Goldman Sachs, and Bloomberg. Their tech team brings deep experience in financial research and development, expertise in quantitative trading, order management, and strategic planning, and academic credentials from top-tier institutions in the United States including Columbia University, the University of Chicago, Carnegie Mellon University, and New York University. A strong collaboration with Bitmax.io helps Giottus in improving the trading platform to the highest levels through knowledge sharing.
What is this partnership?
Though the partnership between Bitmax and Giottus will be at multiple levels, at the preliminary level Bitmax and Giottus will have shared orderbooks and all the promotionl events run in Bitmax will be extended to Giottus customers as well. This stratergic partnership holds more interesting benefits for the Indian crypto community that we will keep announcing at the launch of every phase of the plan. The future collaborations would result in both Giottus & Bitmax customers enjoying an array of benefits arising from the partnership.
What are the advantages for Giottus Customers?
The shared orderbook model will ensure enhanced liquidity in the Crypto — Crypto markets which will result in following advantages for our users
- Giottus Customers can get their trading costs reduced through this partnership. Users will be able to convert Crypto-Crypto without moving their coins to another exchange. This will result in savings in terms of both time and mining fees. The slippage and spread in Fiat orderbooks will significantly reduce. Users will be able to get a better deal for their Buy or Sell order within Giottus Exchange.
- Promotions and Contests run by Bitmax will be extended to Giottus customers as well.
- Giottus will be able to add and support more coins, as we will be having guaranteed liquidity for the same.
- In future, Giottus can increase the scope of the partnership to have access to features at Bitmax.io and the same will be deployed in Giottus in a short time span.
With Bull run expected to begin in next few months, Giottus has been working hard to ensure we have got all bases covered to ensure Indian Customers are well placed to take advantage of the same.
This is just the beginning of a long-term relationship and you can expect to hear more on the same in the forthcoming days as our partnership becomes stronger. Spread the word.
