Beaxy Exchange BXY ICO Rating, Reviews and Details

Rene Peters is editor-in-chief of CaptainAltcoin and is responsible for editorial planning and business development. After his training as an accountant, he studied diplomacy and economics and held various positions in one of the management consultancies and in couple of digital marketing agencies. He is particularly interested beaxy exchange review in the long-term implications of blockchain technology for politics, society and the economy. Beaxy’s customer support also includes a massive Help Center where you can find tens of valuable articles explaining how exactly to use the exchange. Users are encouraged to first check their Help Center if a question arises.

A lot of the funds will go to R&D, so I am sure in the future they will add more features to their roadmap. Well, we can expect a LIVE exchange in Q1 of 2019 (Updated to June 2019), take a minute and think about that. That’s only a few months from here… So you are potentially buying into an exchange that’s almost ready and has a utility for the token you invest in right away.

More experienced crypto traders will be impressed by the variety of market orders available on Beaxy, and they include Market, Limit, Post Only, Limit IOC, Limit FOK, Stop Loss, Stop Loss Limit, Take Profit, and Take Profit Limit orders. To transfer funds, you’ll need to click on the “My wallets” tab at the top right of the screen, and select your preferred currency and click on the + icon next to it. More and more celebrities are promoting cryptos and NFTs to millions of followers on social media.

Beaxy Alternatives

Shortly after the charges were announced, crypto exchange Beaxy suspended all operations, citing regulatory uncertainty. According to the SEC, the crypto exchange had agreed to cease all operations. Lastly, the SEC charges touched on “market makers operating on the Beaxy Platform as unregistered dealers.”

• The exchange offers transparent working conditions, a profitable referral program and the possibility of staking.
• The team at CaptainAltcoin.com only recommends products and services that we would use ourselves and that we believe will provide value to our readers.
• For trading on the platform beaxy.com you need to register, connect two-factor authentication and pass KYC verification, let’s look at each of these steps in more detail.
• Beaxy Exchange – a young reliable cryptocurrency exchange with a wide range of instruments and free trading signals.

For example, an exchange that has no downtime when there is a surge of users due to a huge move in the market. Beaxy is an all-in-one exchange created by a group of professional coders & traders. The Beaxy Exchange platform is smart, secure, easy to use, and also features advanced tools for experienced traders. Beaxy’s platform differentiates itself by offering unmatched security, service, and superior tech. In the future, the team behind the platform aims to add some very interesting features, such as OTC trading capabilities, margin trading, and portfolio management. It’s also important to note that Beaxy will have an exclusive partnership with OneTick, its flagship software, a comprehensive suite for time-series data management, real-time event processing, and analytics.

Beaxy Team

This is a very innovative approach that could mean that a lot of the $BXY tokens are of the markets and as a staker, you can earn a nice amount of fees if the Beaxy Exchange is a success. There are various explanations and tips on how to navigate the platform placed in easy to find locations. There are also various market orders available on Beaxy, such as Market, Limit, Post Only, Stop Loss, Stop Loss Limit, Limit IOC, Limit FOK, Take Profit, and Take Profit Limit orders, which will impress more experienced crypto traders. After your transfers have been confirmed by the network and Beaxy displays your wallet’s funds, you are free to trade on the exchange. Now, select your country of residence and also submit a picture of your National ID, driving license or passport. Those people who are submitting a National ID or driving license, will have to take a picture of both sides of the document.

ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein. By doing so, the complaint alleges that Peterson and the Braverock Entities acted as unregistered dealers. Due to its relative youth, Beaxy may be best suited to people with a good understanding of trading digital assets and using exchanges, although the platform is set out in a way that makes it https://forexhero.info/ easy for new users to get acquainted. Personal information is collected in order to provide services, and due to it being mandated by law, such as in the case of Anti Money Laundering (AML) and Know Your Customer legislations. The KYC verification process is conducted via Mati who store encrypted user data in AWS servers in the USA. 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.

Beginners Guide to Beaxy Exchange: Complete Review

The fees on the Beaxy exchange are fixed at 0.2% of whatever you deposit, however, the BXY token allows users to reduce their fees by up to 50%. There is also an option to earn a portion of trading fees by locking up PLS tokens and onboarding friends onto the platform via the referral program. There is also another way to get discounted trading because with the staking program, you will have the option to lock up some of your BXY tokens to receive a discounted trading fee.

Beaxy is a new exchange that is aiming to become a leader in the crypto trading space. It incorporates a range of attractive features with more expected to be added over the coming months and years. 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. 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.

Cryptocurrency exchange beaxy.com offers bonuses and discounts to both new users and registered traders. The history of crypto exchanges who held a token sale is quite interesting as well. Exchange investments show an average 900% return, topping all other categories. 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.

These include high trade processing speeds, advanced order types, high grade security protocols, loyalty and referral programs and 24/7 customer support. The team at Beaxy aim to provide crypto/fiat functionality, high performance capabilities, cutting edge security, and extensive customer support, alongside reasonable fees. 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.

After accepting the Terms and Conditions and clicking “Sign Up”, you will automatically receive a confirmation email with a verification link. She specializes in developing low latency enterprise applications with extensive experience in Agile methodologies. She also has over 10 years of experience with technologies like Core Java, J2EE, AngularJS, JavaScript, Hibernet, and RESTful Web Services.

Please make sure to do your own research, make educated financial decisions and consult your Financial Advisor. Beaxy utilises a simple to use and intuitive UI, which is customizable and includes scrolling ticker settings for speed, visibility, and favorite pairs. There are both day and night modes available, making the trading panel easy on the eyes and presenting information and execution panels in a clean and easy-to-read manner.

This system will allow Beaxy to service more than 20 different order types, including limits, stops, trailing orders, OSO, and more. This partnership allows Beaxy to offer a premier trading experience as yet unseen in the crypto space. The platform provides 24/7 support to their users with live chat and an AI bot, which is especially valuable when a critical issue arises.

The team working to make this mission a reality is comprised of over 50 people spanned across Canada, China, and Barbados. Charts Explore more data on the digital asset markets with comprehensive graphs. The fee structure and various incentives should prove successful in helping to attract users to the platform and improve the validity of the BXY token. The exchange also incorporates TradingView charts with a full range of technical indicators, and trading analysis, data research, and back-testing services from OneMarketData. It’s worth noting that users from the USA are currently not eligible to access the Loyalty Rewards program or obtain the PLS token in any way. After finishing the KYC application process, you will see the icon next to your name change to “Under Review”, and you’ll receive notification of your results once the review has been completed.

The order panel and trade history are placed on the left, while the right is reserved for the order book. You can find additional trading pairs at a handy drop-down menu, including a search bar for ease-of-access. This technology can support hundreds of thousands of trades per second with less than a millisecond of latency, which is very fast when compared to other exchanges. However, like everything else, for this to really shine, you need actual trading volume. With over 100 trading pairs, Beaxy will have a maximum capacity of 22.5M tx/s.

The KYC process is the same for desktop or mobile users from this point, and Mati will attempt to use your camera in order to take your photo for KYC, and you may need to grant your browser permission to use the camera function. To create an account, click the “Register” button in the upper right corner of the home page. After filling in the data, you need to agree with the terms of use, and click “Register”. The information on this document does not constitute legal, tax, or investment advice.

Also, users based in the USA must use a valid driver’s license or state ID. Before uploading the document, you will need to select the country your document was issued in. The team members have assisted multiple conferences and are actively engaging with their users on social media.

As a result, Beaxy could be well worth getting to know early on and users can take advantage of the various incentive programs to make their trading activities more cost effective. After clicking on the link provided in the verification email, you will be asked to log into your account. Beaxy  is 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. To get the bonus, register your account, join the bonus program on the Deposit page, get verified and get a bonus of 100% when you deposit up to 500 USD. For trading on the platform beaxy.com you need to register, connect two-factor authentication and pass KYC verification, let’s look at each of these steps in more detail.