The Madbyte token and MadCapX membership website are not part of a company and do not currently make a profit of any kind. The token is used mainly for the purpose of allowing holders to be members and as such, gaining monthly rewards for maintaining membership.
MadCapX was built for individuals who have MADX tokens and either wish to hold them longer-term or else convert them to another crypto. The website is home base for MADX holders and we will continue adding new features. For example, in the coming months, we are working on a feature that will allow you to do simple trades without fees. Since this is the hub for Madbyte and the majority of the token holders, it could also set the lead for the token value against BTC.
In January we added MadVault to the panel. This opens up deposits and withdrawals of MADX, BTC, LTC & ETH. Another reason for the new MadVault feature is to allow MadFolio users to store their crypto in our secure cold wallets. All transfers in and out of our system are manually handled which allows us to watch for suspicious activity and prevent hacking. Deposits and withdrawals are also another step toward allowing members to do trading internally.
Once we are happy with how the membership site works we will look at adding new websites for the MADX token. Our internal roadmap has more platforms we hope to tackle but as per our usual operating method, we will only release information once we have a working beta.
All members with MadCap holdings can now see the MadFolio page but to see and use the Binance API feature for trading you need to be a Junior Partner or higher tier.
All the best,
Madbyte.com team
