MAX Exchange Completes Second Token Burn
Taiwan-based MaiCoin Group's digital asset exchange MAX announced on June 30, 2026, that its native token MAX Token (MAX) has completed its second scheduled burn. As of press time, MAX Token is priced at 0.105 USDT on the exchange. According to the official press release, this burn accounts for approximately 10% of the original total supply, with 50 million tokens destroyed, equivalent to roughly NT$150 million.
MAX Token was first launched on October 18, 2018, to provide Taiwanese users with a local exchange service for real-time TWD-to-crypto trading. The first burn took place in November 2019, destroying over 90 million tokens.
Core Token Positioning: Community Sharing and Staking Acceleration
MAX Token serves as the exchange's platform token, built on two core concepts: "community sharing" and "staking acceleration." Token holders can use it to offset trading and withdrawal fees, and also share in the platform's trading fee airdrops distributed to the community. By reducing the circulating supply, this burn enhances token scarcity, aiming to prevent low-price dumping in the future.
Alex Liu, founder and CEO of MAX Exchange, stated that the burn mechanism is designed to bring positive benefits to the community and ecosystem. The exchange emphasized that stakers will continue to enjoy up to 30% fee rebates, and the burn does not affect the existing reward policy.
Next Steps: Listing Bincentive AI Investment Strategy
In addition, MAX Exchange announced that it will list the Bincentive investment strategy on May 25, 2026. It will open 100,000 USDT in subscription capacity for all users, with a minimum of 1,000 USDT per person. CEO Alex Liu noted that the crypto market operates 24/7 with rapid and violent price swings, making it difficult for users to catch gains or stop losses in time. The new strategy will use AI to judge entry and exit points, helping clients achieve stable profits in the spot market. MAX acts only as a neutral platform provider for this service.