https://www.accesswire.com/563569/BitMaxio-BTMXcom-FTXcom-Alameda-Research-Announce-Strategic-Collaboration-to-List-BTMX-and-Leveraged-ERC20-Tokens

NEW YORK, NY / ACCESSWIRE / October 19, 2019 / BitMax.io (BTMX.com), FTX.com, and Alameda Research have announced a strategic collaboration that includes the listing of BTMX on FTX.com and listing of the Leveraged ERC20 Tokens on BitMax.io. FTX.com will offer spot market trading of BTMX token, as well as futures trading on perpetual and quarterly settled markets. Additionally, FTX.com will offer access to BTMX via its over-the-counter ("OTC") trading portal. At the same time, BitMax.io will list four 3x Leveraged ERC20 tokens: BTCBULL, BTCBEAR, XRPBULL, XRPBEAR on USDT order books.

Leveraged ERC20 tokens are assets that can be traded on cash or spot markets that grant holders leveraged exposure to the respective token's underlying crypto assets. BTMX is the native utility token to the BitMax.io platform that grants users eligibility for a variety of platform services and benefits.