BitMax.io, widely regarded as a top-tier and highly innovative cryptocurrency trading exchange, recently struck a strategic partnership with Lambda, a blockchain infrastructure project that builds scalable blockchain solutions, decentralized applications (DAPPs), data storage with unlimited scalability, and more. In this partnership, BitMax.io will manage Lambda’s primary token listing on the BitMax.io global platform. Details regarding release dates, trading pairs, and other relevant information will be announced over the upcoming weeks on BitMax.io’s official channels.
This project holds a great deal of potential, and it brings together two pioneering players in the fields of blockchain and cryptocurrency exchange. By leveraging the strategic expertise of BitMax.io in the field of crypto trade and investment and by launching its digital token on the BitMax.io platform, Lambda will be able to continue focusing on the development of innovative blockchain ecosystems and advanced architecture designs while continuing to work on and improve user experiences and feature-rich solutions across the fields of data storage, AI, public data access, and more.
The listing and future collaboration with Lambda also benefits BitMax.io: by being the exchange of choice by a project as well-funded as Lambda, and by being able to work in close collaboration with another highly regarded blockchain company, BitMax’s credibility as a reliable strategic partner is considerably strengthened, and it attests to BitMax’s ability to provide trading services as well as technical expertise to blockchain clients.
There are many similarities between both companies, each of which makes this partnership even more interesting.
BitMax.io is a respected global operator of digital asset trading services that caters to a wide range of clients, both private as well as at the institutional level. It was founded using blue-chip investments from the very best venture capital firms, including Bitmain, FBG Capital, Matrix Partners China, and more. Since its launch in August 2018, BitMax.io has enjoyed considerable success, growing its user base to over 50,000 and providing 25 active trading pairs to the public, with new trading pairs and listings currently under review.
Very similar to BitMax.io, the Lambda project is also highly regarded in crypto and blockchain circles, and it also received an enthusiastic response from venture capital firms. It, too, was funded by Bitmain and FBG Capital, along with Metropolis VC, INBlockchain, NEO Global Capital, and more. Overall, the project raised several million dollars in funding, making Lambda one of the most dynamic and high-profile entrants to the crypto space in recent memory.
Much of the attraction in using BitMax.io’s services come from the fact that BitMax.io relentlessly focuses on transparency, high-performance, security, and liquidity. Furthermore, it has a truly global team that has consistently raised the bar in terms of reliability and client services. By providing 24/7/365 global trading services, real-time settlement, trading fees of 0.04% – the lowest in the industry – not to mention the introduction of innovative trading models such as trans-fee-mining in which traders can actually earn revenue via trading on the BitMax.io platform, choosing BitMax.io for the Lambda listing was an easy choice to make, and Lambda will benefit from the exposure it receives as a high-priority listing on the BitMax.io platform, further solidifying its brand as a key player in the blockchain and DApps spaces.
As BitMax.io innovates in the field of crypto trade and investment, Lambda innovates in the fields of storage and data sharing.
Using implementations of Lambda Chain and Lambda DB, Lambda is redesigning blockchain-based storage by achieving multi-chain data co-storage, cross-chain data management, data privacy protection, provable data possession (PDP), and distributed intelligent computing, all of which are bleeding-edge concepts in the fields of blockchain data transmission and storage. Lambda differentiates itself from most blockchain applications by building a datastore infrastructure for blockchains, which is provided with a plurality of its own chains for charging, transactions, encryption, and access control. It achieved this using academic research and engineering verification, eliminating the problems of decentralized storage, while addressing critical issues in cloud computing such as Provable Data Possession (PDP) and Proofs of Retrievability (POR), facts which make Lambda unique.
Beyond the partnership, BitMax.io and Lambda continue their work in their respective fields. BitMax.io maintains its focus on solving the most pressing problems and challenges facing traders and investors today in the exchange space, such as low transactions per second, an inability to execute large volumes of trades, high trading fees, a lack of efficient order matching systems, and clunky user interfaces. BitMax.io, as a conglomerate entity comprised of three different exchanges, focuses on providing high-end services to users across the United States, the European Union, and much of Asia, something that no other exchange currently does effectively, and it has the right team and the right resources to bring about transformational changes to the crypto exchange industry by redefining efficiency in a highly unregulated market, and by continuously developing new and innovative solutions to trading, such as the trans-fee-mining model described above.
As for Lambda, since the partnership with BitMax.io has been confirmed and the two companies will work together on Lambda’s primary listing on the BitMax.io digital exchange, the company can now continue its efforts developing safe, scalable blockchain infrastructures, decentralized applications (DAPPs), and unlimited data storage solutions, and Lambda’s upcoming debut on the BitMax.io digital exchange is a new and exciting development for this space as a whole.