RECAP AMA IDCRYPTO X BITXMI

Speaker : Sunny Jain (CEO & Founder Bitxmi)
Date : Thursday, March 18th, 2021
THERE IS 3 SESSION FOR AMA

  1. INTRODUCTION
  2. QUESTION FROM TWTITTER
  3. FREE ASKING

SESSION 1 (INTRODUCTION)

IDCRYPTO:
Hello everyone, we come back for AMA ID Crypto with Bitxmi
Today we have an honored guest Sunny Jain
who will explain and answer your question guys

Sunny Jain:
hi everyone

IDCRYPTO:
Hello Sunny Jain are you ready for the AMA ?

Sunny Jain:
yes we are.

IDCRYPTO:
Perfect.

Sunny Jain:
Hi! I am Sanjay Jain Founder and CEO of BitXmi Exchange from Singapore and Austtralia,
we have offices in Dubai, India, Singapore and Belgium.

IDCRYPTO:
Thanks for introduction, we are happy know about you and can you tell how you started a crypto business to the idcrypto community !?

Sunny Jain:
Well Bitxmi is a Crypto to Crypto Exchange. We started our exchange on nov/2018 registered in SIngapore, but only in Jan/2020 we officely launched in Law socity of London In UK.

IDCRYPTO:
It’s been 3 years, it’s been a great start so far.
Can you share with the community what Bitxmi has been doing since its launch?

Sunny Jain:
We startred with singapore and also registered in MAS (monentry authority of Singapore) and in July’2020 we also expended to Australia.
We have now OTC, Sopt, Limit, Margin trading and also can buy crypto with debit and credit cards.
We have now more than 45k members and daiy trading volume of $60m.

IDCRYPTO:
The service is very complete, it is the preferred market in the community.

Sunny Jain:
Our main members are are South east asia, Inida, Europe and Middle east.

IDCRYPTO:
Will there be any more developments in the future ??? maybe it will create some kind of P2P market or something.

Sunny Jain:
we are developing `p2p, Mode of Payment, and integartion and liting of more tokens in our platform.

IDCRYPTO:
It’s cool.

Sunny Jain:
We also have our ouw token Bxmi and also looking to have Defi, Staking and lending.

IDCRYPTO:
Amazing.. verry verry complete.

SESSION 2 (QUESTION FROM TWITTER)

IDCRYPTO:

  1. How far has the roadmap been carried out until the end of this year and what positive results have been achieved?
    From @thihuyen93

Sunny Jain:
We started our company back in nov/2018, it took 16 months to setup our Exchnage, Tokens and Liqiudity.
since the lauch back in jan’2020 we only have 2k members and no trading volume and as of today we have 45k members and trading of $60m.
we are slow and studly improving and geting out exchange in crypto space
.

IDCRYPTO:
Interesting, growing very fast.

Sunny Jain:
we are growing a a fastest pace.

IDCRYPTO:

  1. about your BXMI token, I don’t see BXMI list in any other market besides BITXMI market, why don’t you list on other big exchange market? wouldn’t that cause the value of the BXMI token itself to be high?
    From @furysoe3

Sunny Jain:
Bxmi token we started in 22nd August @$0.10 and now the price is $0.70.
we are talking with lots of Exchange an soon will be lisited as we want to make sure our token value not get dumped or people just destory our coin.
so we being very carefull and want to make sure he list in top exchange for bes ROI our Bxmi price is heading to moon to $1
.

IDCRYPTO:
So far it has gone up quite a bit, it has become a coin with a good ROI.

Sunny Jain:
yes we had achib=viced 7X already.

IDCRYPTO:
yeah it’s amazing.

Sunny Jain:
soon will be $1.

IDCRYPTO:
I hope like it.

  1. the market that many people are interested in is low fees, fast transactions, and a small minimum trading and withdrawal, that is not yet in BITXMI, how are you going to attract many people to want to use BITXMI?
    From @suriptaw

Sunny Jain:
Sir in BitXmi we have already low trading and withdrwal fees. also we are offering more discounts for volume traders and whales trading! also soon Bitxmi planing to have a month for nagative trading fees! where traders can eran Bxmi coin with trading in Bitxmi Our marketing team working on the offer
as we are planing another promotion if more trader just monitor or trade in Bitxmi and we reward them with Bxmi coins.

IDCRYPTO:
wow sounds intersting. it’s can interest more whales and get some more profit.

Sunny Jain:
Sure and our moto is client earn while trading.

IDCRYPTO:

  1. Regulation is very important. Many projects were closed in many countries due to failure to use the correct regulations and permits. In order to go global how does Bitxmi team deal with these issues?
    From @nguyennhu2908

Sunny Jain:
we are reguated under Singapore MAS and Australia Astra, we also applying for UK under FSA, as we already have our BitXmi Pty Ltd registered in UK
We have all the legal and regulatory complinaces and certificates and we work on the moto to build Trust and support to clients.

IDCRYPTO:
Awesome cool sir.
Okay thanks for the more detailed explanation, let’s continue with the final question for this session.

  1. Can you go on a bit about your biggest achievements so far and the cool things you guys are building right now?
    From @thanhthaospa

Sunny Jain:
sir from Nil to $60m trading we achived in less then 15 months, from 2000 mmbers we have now 45k members.
also our team work 24/7 to assist and support at his level best to work as we belive coustomer is Boss.

IDCRYPTO:
Thank you for your answers, it’s a great achievement.

Sunny Jain:
thanks.

SESSION 3 (FREE ASKING)

Md Shawon:
Is there any other benefit for those who will participate in your pre sales?

Sunny Jain:
we have low Trading fees, Withdrwal fees and soon we offering nagative trading fees for 1 month, so clients can earn while trading.

Thomas:
Many of investor just focus on the price of token in short term instead of real value of project. Can you tell us the motivation and benefits for investors to long term?

Sunny Jain:
Our Bxmi already gain 7x in less than 5 months and we are seeking to hit $2-3 by end of 2021.

Rox Faitar:
What’s the uniqueness of your project that can not be found in other project that’s been released so far? And how the demand of the token will increase in the future? or what steps would you take to increase the demand?

Sunny Jain:
Our USP is low fees, nagtive trading rewards in Bxmi and 24.7 support.

Akash Koi :
Q. Typically, investors buy tokens that are likely to increase in price in the future. I saw that, total supply of the token is huge.
So, do you have any plan for burning tokens in the future to reduce the supply of the token and increase its investment attractiveness?

Sunny Jain:
we have very low token supply of 70m and out of that 50m we have locked till 31/12/21 so the price and demand of our token will be very high and soon will be $2-3.

Tarchera:
Security and reliability are the factors that are most concerned by users in the blockchain system. Where is your project transparency reflected?

Sunny Jain:
we keep secuity as top propoeity and all the data and funds are manation to top complaince and secuity.

MORE DETAIL ABOUT BITXMI

Website
Twitter
Telegram
Medium
Exchange
PlayStore

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