Beaxy is a successful cryptocurrency exchange that accumulated some reputation and a lot of contracts with unfamiliar crypto issuers all over the Internet. All content on CaptainAltcoin is provided solely for informational purposes. It is not an offer to buy or sell any security, product, service or investment.

Beaxy aims to create the ultimate all-in-one cryptocurrency exchange, with more tools at your disposal than ever before, and a user experience that is unmatched. Here at Kryptoro cryptocurrency exchange our team has years of experience in building technology products for a multitude of clients. Kryptoro aims not only to bring the ability to transact in cryptocurrencies easily to our clients but provide users all the resources they will need to make investment decisions beaxy exchange review right there on the platform! Having been actively involved in cryptocurrency trading from as early as 2012 we have managed to identify the shortcomings of previous exchanges and will ensure none of these present themselves in Kryptoro. By creating an exchange that will support multiple cryptocurrencies on launch and multiple fiat-based pairs in the future, our vision is to create a platform with the security of Fort Knox and simplicity of navigating a Facebook profile.

One more thing worth noting is that Beaxy is in the final stage of discussions withOptiv, a cybersecurity giant. They are planning to provide penetration, cloud infrastructure, white box, black box, and many more tests to insure Beaxy’s security. Once you completed the above steps, you will have to wait until you receive a notification that your documents have been approved, which might take up to a couple of hours. The company is registered in St. Kitts & Nevis in the Caribbean Island, but also has offices in Chicago and Illinois.

beaxy exchange

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. Security – The Beaxy team place security at the forefront of their priorities and the exchange uses two factor authentication and is compatible with both Google and Authy Authenticators. The exchange also allows for withdrawal address and IP whitelisting, and the team also promise to maintain the confidentiality of user data. Standards on the platform are in line with PCI-DSS and ENISA security standards.

The even have a tutorial on how to use the exchange which is great for first time users and a Smartbot for added assistance. Although Beaxy is a less well-known exchange, it offers a good balance of platform functionality, low-fees, regulatory compliance, and useful customer service. However, if you decide to transfer digital assets, the amount can be even smaller. Beaxy offers fiat deposits with Visa, Mastercard, and Bank Transfers. The minimum fiat deposit is $50 and there is no minimum or maximum limit on cryptocurrency withdrawals.

Beaxy Trading Fees

New traders will be able to trade as the platform is very easy to use and more experienced traders will be able to take advantage of more complex order selections. The chart is made by Tradingview which guarantees top-tier charting all the time. The trading interface is customizable and can be moved around as you like.

beaxy exchange

So, Beaxy is perfect for those traders who want to enhance their crypto-trading experience without much effort and headache. And the most amazing thing is their trading platform, whose design does look pretty neat, but it’s also intuitive and user-friendly. It’s obvious what most buttons do and the most important ones are also the biggest and most colorful. They are also spaced out very effectively, which makes it hard to press the wrong box on accident. As mentioned, Beaxy has signed many agreements over the years to allow numerous tokens and coins on their platform. These products are almost unique to Beaxy, so if you’ll find yourself in possession of a peculiar coin, it’ll likely be featured on Beaxy.

Beaxyis operated by Beaxy Digital, Ltd, which is a company registered in St. Kitts & Nevis in the Caribbean Islands. 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. It’s true that they are lessened by the lack of available trading pairs and currencies that are popular elsewhere.

The Beaxy team aim to provide a fully featured exchange that facilitates a comprehensive trading experience and incorporates many of the best features found amongst the current industry leaders. Beaxy has promised to cover the lost funds out of its own pocket but, so far, it hasn’t done so. A user trading over $5,000 in volume is automatically entered into a draw to win a free Tesla, and free tokens are offered “for every dollar deposited to Beaxy.” Referral bonuses have also been increased. Sometimes it doesn’t and you have to force it to stop before you can use it.

Beaxy exchange likely lost $570,000 from XRP exploit, says analyst

The Trender feature on the mobile app is a particularly valuable tool for new traders. There aren’t many tools that new traders can use to shorten the learning curve for technical analysis. When you check these signals consistently you start to pick up on how price reacts much faster. You’ll be able to find a Signal on most of the assets at any given time which is really helpful. The data provided by Auto-Chartist, the company that provides the Signals, shows a win-rate around 70% when backtested on cryptocurrencies. It’s also worth noting that Beaxy operates a loyalty reward program that incorporates the PLUS Token , an exclusive token to the Beaxy exchange.

  • Mati will send a link to this email that can be used to continue the verification process by phone.
  • This is one of the most generous crypto deposit bonuses I’ve seen and it’s a good way for traders to get to know the platform.
  • Currently, there are 9 coins and 13 trading pairs available on the exchange.

This next-generation digital asset exchange is employing at least over 50 persons which makes this is a very real operation in terms of the company size and the focus right now is to be able to serve traders in all of the US states. It is registered in the US as a Money Services Business by Financial Crimes Enforcement Network . Beaxy’s dedicated support staff are available 24/7 to walk you through the exchange or help you troubleshoot any issues that you may experience. Contact our customer service agents that are ready to provide assistance in a timely manner.

Beaxy to USD Chart

In addition, Beaxy has a smaller number of supported cryptocurrencies than leading exchanges such as Binance and Huobi. However, the team are planning to roll out a number of additional features that will help to establish the exchange as a viable alternative to current industry leaders. After generating an address, you’ll see the standard QR code and alphanumeric string and either can be used to transfer funds from an existing wallet. Beaxy allows you to have multiple wallets for each currency; however, your funds will only be deposited to the wallet set as default, and you can then transfer freely between your internal wallets. After your transfers have been confirmed you are free to trade on the exchange.

For instance, you can use the Hummingbot on the Public API, the Trading System and the same Trading System on the mobile app, all the while keeping one eye on the Trender. Because of it, you’ll have to rely on others for market data and analysis – in a very simplified way, too. It would be wise to consider this option because even the initial API allows you to receive large quantities of real-time and historical market information, as well as make 100+ decisions every second. It means you’ll be very well armed to work with many markets at the same time. It’s a highly customizable user interface with a developer’s kit attached to it. As a result, you can create the most advanced trading interface perfectly suited for your own persona.

Why use Beaxy

Cryptassist solves the problem of complexity by supplying all of the necessary resources in one easy to access location. Our mission is to supply everyone with access to the crypto-world through an array of 25 essential tools and features. Another great thing about Beaxy is the fact that they support 6 major fiat currencies for both deposit and withdrawal. This is a huge relief for many traders as many are forced to use other platforms just to get their coins converted in and out of the blockchain. Beaxy solves this and makes it very easy for traders who are looking to cash out their cryptocurrency gains on the same platform.

The most active trading pair is GUNTHY/BTC with a 24h volume of $337.86. Bittellux aims to create the ultimate all-in-one cryptocurrency exchange, with more tools at your disposal than ever before, and a user experience that is unmatched.Bittellux… 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. One of Beaxy’s best offers for high-volume traders is the $500 deposit bonus.

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It’s part of their nature, because it’s easier for them to set up exchanges in Web rather than provide trading on the usual trading platforms like MT4. The project held an Initial Coin Offering which ran until September 2018 with an excellent amount raised equaling $3 million. This exchange is available in 185 countries and 43 United States states and offers a referral program, which allows you to refer friends to the exchange and receive 10% of their trading fees for their account’s lifetime.

There is no information to be found about withdrawals until you actually try to withdraw. Then you find that withdrawal is not available for some coins and minimum amounts for others plus high withdrawal fees for others (e. g. 0.05 for BCH). Beaxy maintains security through its partnership with Curv, a cloud-based custody solution that provides institutional-grade protection on the exchange’s cryptocurrency deposits. Funds held on Beaxy are protected by Curv’s unique decentralized security model of multi-party computing. Beaxy supports deposits, withdrawals, and trading for 27 cryptocurrencies across 35 trading pairs. While on the trading platform, click the blue “Deposit” button to choose the type of deposit you want to make.