Beaxy Review 2019: Guide to This Exchange, Is it Safe? All Pros & Cons

Her involvement as a trader gives the team additional perspective on the challenges all traders face, and she has used this knowledge as a foundation for Beaxy’s vision. Beaxy is a moderately-sized exchange with some 30 trading pairs of different caliber, some highly on-demand, and some – just the options for occasional trading. The size of the selection isn’t the top perk of working with Beaxy, it’s the helpful technologies and the comfort of use that attract the most users. This offer is based on information provided solely by the offeror and other publicly available information.

Complete your first transaction by choosing order type, price, and amount. Such obligations include, inter alia, preparing marketing material in accordance with SEC-standards and registering them with the SEC . Don’t be too sad though, there are many other venues that offer the type of trading this exchange does. It was easy to participate, the only thing you had to do was to create an account, Btcoin TOPS 34000$ get your link, invite your friends and then get your bonus . This program seems to have been discontinued without notice, however, which is unfortunate for the users. It is a well-detailed explanation of the beginnings of digital currency and its role in the future of financial markets.

beaxy exchange review

Trick, defraud, or mislead us and different users, particularly in any try to study delicate account information similar to person passwords. Binance customers can have a bonus of Beaxy customers in the event that they trade greater than 100 BTC price of crypto per thirty days. Help future customers by talking about customer service, price, delivery, returns & refunds. Some financial experts posture that day trading is more akin to gambling than it is to investing. While investing looks at putting money into the stock market with a long-term strategy, day trading looks at intraday profits that can be made from rapid price changes, both large and small.

Where is Beaxy based?

In order to further secure user accounts, the exchange also provides the ability to whitelist withdrawal address, which restricts the places funds can be sent to. IP whitelisting is also featured and once set up, when you try to log in to your account for the first time from a new location, access will be denied and a red “IP Whitelist” message will appear. You will be sent an email with a verification link that will allow you to access your account from the new IP address. The team at Beaxy aim to provide crypto/fiat functionality, high performance capabilities, cutting edge security, and extensive customer support, alongside reasonable fees. Specify the company’s connection with well-known brands, financial institutions, public organizations. Users holding PLS on the Beaxy Exchange receive a percentage of all transaction fees collected by the exchange based on the duration the PLS Tokens are locked.

Firstly, I want to say that I think it is really good to see an exchange taking both user testing and user feedback so seriously. As mentioned earlier you can receive a discount of 50% in trading fees when you use $BXY tokens. With the staking program, you will have the option to lock up some of your $BXY tokens to receive a discounted trading fee. Qualified holders will receive a percentage of transaction fees collected based on the duration the $PLS tokens are locked, and the percentage of each user’s share among all locked $PLS tokens. Beaxy has also secured an exclusive partnership with OneMarketData to provide stock market exchange level order book and matching data systems.

  • For these concerned about buying and selling charges, the Beaxy platform is powered by a token known as BXY, which users can use to scale back trading fees by up to 50 percent.
  • It is a well-detailed explanation of the beginnings of digital currency and its role in the future of financial markets.
  • Beaxy Exchange offers prebuilt technical analysis trading signals for cryptocurrencies listed on their platform.
  • The project held an Initial Coin Offering which ran until September 2018, and raised approximately $3 million in funding, and the exchange has just recently launched.

He is particularly interested in the long-term implications of blockchain technology for politics, society and the economy. One more thing worth noting is that Beaxy is in the final stage of discussions withOptiv, a cybersecurity giant. It offers more than 100 pairs for trading cryptocurrency – Bitcoin, Ethereum , Litecoin, Bitcoin Cash , Ethereum Classic , Dash/DASH), EOS/EOS, Monero , Ripple/XRP, Zcash . You must agree to the best rate available and the 0.25% service charge.

The team behind the exchange is transparent in nature and contains CEO Artak Hamazaspyan, CTO Mittal Patel, COO John Galvagno, and Director of Engineering Federico Almaraz. VIP club members receive up to 30% cashback on paid commissions for a month. In addition, you will receive increased referral fees and monthly prizes from the platform. To pass the KYC check, you need to specify the country of residence, select the type of identity document and attach its photos. The photo of the document must be without glare from the flash, all information must be readable. Welcome to the world’s leading cryptocurrency exchange with FREE Trading Bots!

Beaxy Review – Is This Crypto Exchange A Top Pick?

This digital exchange and online cryptocurrency wallet provider is great for people new to Bitcoin. It makes buying and selling very similar to buying and selling stock through your brokerage account. Below, we have listed the top crypto exchanges we recommend, and you can dive into our in-depth crypto exchange reviews. Why Traders are Flocking to Beaxy Exchange Beaxy Exchange is a next-generation trading platform that bridges the gaps between cryptocurrency and legacy finance. Beaxy lists dozens of assets, has a global fiat on and off-ramp, unparalleled security, and low trading fees.

beaxy exchange review

The app lets you buy, sell, or trade dozens of cryptocurrency and fiat trading pairs with relative ease. The design is easy to navigate and contains all of the web platform’s capabilities. It even has some cool extras like Trender which gives you AI-generated technical analysis with price targets and time frames. A private key is a sophisticated form of cryptography that allows a user to access his or her cryptocurrency.

Some of these order types include Limit IOC, Limit FOK, Take Profit, and more. Since this is your first deposit for that particular coin, you will have to generate the wallet first. Buy through exchangers, transfer on the exchange, and then exchange to any cryptocurrency.

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The reason for excluding US-investors are primarily regulatory reasons. Bilaxy is a centralized cryptocurrency exchange that has been active since April 2018. This is not a red flag per se, but we recommend all visitors to be careful and form their own opinion on whether Bilaxy is a legitimate exchange or not. The exchange is available in English and Chinese, so a reasonable assumption is that Bilaxy’s domicile country is either China or Hong Kong. Beaxy is very different from different crypto initiatives in their strategy to fundraising. They already have a working exchange demo, which anybody can entry on their web site.

beaxy exchange review

In the future, the team aim to add OTC trading capabilities, margin trading, and portfolio management features that will appeal to a variety of traders. This acts as an additional layer of protection and can block an attacker who manages to gain access to a user’s log in details but cannot match the IP address of the actual account owner. The team also declare that standards on the platform are in line with PCI-DSS and ENISA security standards. In addition, they promise to maintain the confidentiality of user data, and state that Beaxy does not and will not sell user data to third parties. However, if you decide to transfer digital assets, the amount can be even smaller.

Cryptos (

I used the $500 to buy bxy coin, and put it into their “loyalty program”. I’m not a day trader, and I didn’t meet their “volume requirements” so they took back their $500. But they took the most profitable $500 I’ve had on the exchange, which means they took over $2,000 from me. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site.

Parent Company

After clicking on the link provided in the verification email, you will be asked to log into your account. When trading with a casback system you earn real cash when your trades are executed in the market. Naturally, all of these pieces of software are integrated to some beaxy exchange review extent. It’s not nearly as big as if you would be scrupulously adding new tools to your MetaTrader 4, but these instruments are all ready to install and work together perfectly. Get the latest news and best offers from the crypto community by joining our newsletter.

Beaxy selected to make use of an alternative token for their Loyalty Rewards Program, the PLUS ($PLS) token. The $PLS token will apply to be a registered security token in applicable jurisdiction. Therefore, Beaxy incentivizes Market Makers by rewarding them with a rebate — only the market taker pays the trading charge commission.

You hereby comply with the usage of digital communication for all functions relating to use of Company websites and different assets. Supplemental terms and circumstances, paperwork or disclaimers that could be posted on the Site from time to time are hereby expressly included herein by reference. We reserve the proper, in our sole discretion, to make modifications or modifications to these Terms of Use at any time and for any reason. We will alert you about any modifications by updating the “Last up to date” date of these Terms of Use, and you waive any proper to receive specific discover of every such change.

TIGER Bank investment service, highest profit of 20% with daily interests. It offers more than 100 pairs for trading cryptocurrency – Bitcoin, Ethereum , Litecoin, Bitcoin Cash , Ethereum Classic , Dash/DASH), EOS/EOS, Monero , Ripple/XRP, Zcash . A rich feature set doesn’t come without tradeoffs on the ease of use, hence why Beaxy is an ideal exchange for people that have already interacted with a cryptocurrency exchange at least once. If the token is locked for less than 1 month, PLS holders will be entitled to 15% of trading fees. The encounters with other exchanges had left him frustrated, which ended up being the motivation to create Beaxy. Every registered user of Beaxy crypto exchange can participate in the referral program of the service.

Beaxy has in-house market makers/liquidity providers for their main pairs. Beaxy isn’t amongst the top crypto exchanges, but it is a fairly interesting choice if what you want is a deeply technological approach to trading and investing. When choosing a brokerage company, or crypto exchanges, study its history. If one of the leading TV channels in the economic news for 5 years in a row refers to the opinion of the analyst of the broker in question – this is good.

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