Bitmillex

The Bitmillex team have come up with an interesting proposition and there are clearly profits to be made by new entrants to the cryptocurrency exchange market. The amount of trading experience within the team is a positive indication that its product will fulfil the needs of real traders.

As it always the case, the success of the project will come down to how many users it can attract. The allocation of 30% of the ICO’s proceeds to marketing seems prudent as the quicker the company can sign up customers, the quicker it will achieve critical mass.

The company’s London location is also strongly in its favour. The crypto world is sorely missing a strong European – and specifically British – player. If Bitmillex can fulfil on its promise, it stands a great chance of securing first mover advantage in a large and growing market.