The Third-Party Content providers do not implicitly or explicitly endorse or approve the Third-Party Content, nor do they give investment advice, or advocate the purchase or sale of any security or investment. Trick, defraud, or mislead us and other users, especially in any attempt to learn sensitive account information such as user passwords. Supplemental terms and conditions, documents or disclaimers that may be posted on the Site from time to time are hereby expressly incorporated herein by reference. We reserve the right, in our sole discretion, to make changes or modifications to these Terms of Use at any time and for any reason. We will alert you about any changes by updating the “Last updated” date of these Terms of Use, and you waive any right to receive specific notice of each such change. It is your responsibility to periodically review these Terms of Use to stay informed of updates.
There are only a dozen other exchanges in the world that have negative maker fees. Beaxy also features an online 24/7 customer support with live chat functionality, handled by a dedicated multi-language team and a ticketing system where users can submit support requests. Other support resources feature an FAQ section and Knowledge Base, and an active social media presence. Currently, Beaxy can be contacted via their Telegram group, Discord server, and Twitter account. The Beaxy team puts high priority in its security protocols, with a login function which includes a Two-Factor Authentication system for verification and is compatible with both Google and Authy as Authenticators. The exchange also allows for deposit and withdrawal addresses and IP whitelisting, while also maintaining user data confidentiality. Furthermore, Beaxy’s security standards on the platform are in line with PCI-DSS and ENISA security standards.
Beaxy Review: 7 Things To Know Before Using (2020 Updated)
Both versions are rooted in ease of use, giving traders a light and intuitive user interface. Apart from its sleek and simple feel, it can be customized according to traders’ preference. Speed, visibility, and preferred pairs may be modified and placed accordingly.
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. Beaxy’s users can stake the native utility token of the exchange, in order trader to reduce their fees by up to 50%. One of the strongest value propositions of Beaxy is its extremely attractive fee structure. Beaxy is one of the few cryptocurrency exchanges that have their own cryptocurrency, the BXY token.
Every time you log into your account from a new IP address then you need to confirm the login from your email. There’s also the 2FA code that you must have in order to log into your account to make sure you always have the key to log it into. These features really bring the user peace of mind because they know that their assets are safe. Transactions with cryptocurrencies are irreversible, privacy-enabled, and censorship resistant- An irrevocable ledger is part and parcel of the cryptocurrency methodology. This means after a transfer has been authorized, it cannot be reversed. Because of this feature, it is very important to triple check your withdrawal address after engaging in crypto trading on a cryptocurrency exchange. Crypto makes global trade more accessible – Cryptocurrencies provide an excellent low-barrier channel for international investing.
Beaxy Black Vip Membership
Beaxy Exchange, the Chicago-based cryptocurrency exchange, was officially launched in February 2020. At the time of launching, the exchange featured only crypto-to-crypto trading. Since then, the exchange has achieved steady growth by adding support for crypto-to-fiat trading as well as exclusive trading tools like Trender. As the Beaxy Exchange has kept its focus on promoting and continually developing its BXY tokens, they offer an interesting incentive to keep clients interested in it. This promotion comes in the form of its “Staking program” where clients can invest in PLS tokens. These tokens are available only on the Beaxy platform and require an equal amount of BXY tokens to “stake” a claim on it.
Then click the enable button next to “2FA is disabled.” Follow the prompts and make sure to save the backup code in a safe location. Our Beaxy Exchange review will help you determine if it is the right exchange for your needs.
They are also planning on launching a Diamond tier where those who stake over 1 million BXY tokens will receive a prorated distribution of 7% of the exchange’s average daily revenue. The site accepts multiple types of fiat via bank and wire transfers while also accepting crypto deposits. In addition, they have a partnership with Gunbot, a leading trading bot platform. While they are a relatively new exchange, they are attempting to rival giants such as Binance and KuCoin with their rewards programs. Beaxy Exchange is an up-and-coming fiat-to-crypto exchange that offers a great loyalty program for those who hold their proprietary token Beaxy Coin .
Beaxy’s trading platform was also developed with long-term scaling in mind, featuring revolutionary functions to moderate demand spikes, coupled with automated scaling and resource balancing features. In addition, Beaxy features automated trading analysis, data research, surveillance, and back-testing services, which were developed in collaboration with Wall Street-backed OneMarketData, LLC.
Myglobalhost In Web Hosting Review: Free Ssl Certificate
People joining while using the referral program and receive discounts of 20% on the trading fees for 60 days. It must be noted that Beaxy is rather new to the scene, having only begun in 2018, which means that the online exchange still can be improved upon further to provide the best from its capabilities. One thing that many seasoned traders would notice is its lack of cryptocurrencies in its listings. This can be a problem for some as it could deter most from the advantage of building an organic and diverse trading portfolio. Speed and execution is usually one of the most sought detail for any client and the trading platform spared no expenses to make its buy-and-sell executions as quick and simple. Beaxy’s trading platform makes use of high throughput and low latency database performance capabilities, allowing the platform to handle up to 225,000 transactions per second with less than 1ms of latency. It was developed with long-term scaling in mind, featuring revolutionary functions to moderate demand spikes, coupled with automated scaling and resource balancing features.
- You can invest in projects all over the world starting with the equivalent of a few U.S. dollars.
- Operating under Beaxy Digital Ltd, the online exchange offers top notch security, satisfactory customer service, and decent offerings apart from its digital assets.
- With the loyalty programs, you can receive monthly rewards based on the quantity of tokens that you have and in the transactions made on the platform.
- Overall, the Beaxy Exchange seems legit and show promise to be one of the leading companies in the crypto-trading scene.
- Mr. Almaraz is skilled in working effectively with diverse groups at all organizational levels and is an effective and creative problem solver with a proven ability to manage multiple projects across functional teams.
- It is the goal of the team to provide a pointed and informed assessment of Beaxy.com so as to 1.
All content on Blockonomi.com is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. 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. 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.
From here, depending on how long the client keeps the tokens in their account, they can be able to avail to collect a percentage of trading fees amounting up to 25%. Holding PLS tokens for a minimum of one month is equivalent allows the client to earn 15% of the collected trading fee, while a maximum of holding over 6 months allow the clients to earn over 25% of the collected trading fee. Beaxy Exchange is a new platform for crypto traders that services to numerous countries across the globe. Customer service, trading tools, and fee structure are some of the salient features of Beaxy crypto trading. Beaxy has also secured an exclusive partnership with OneMarketData to provide stock market exchange level order book and matching data systems. 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.
Beaxy Is Great For New Crypto Traders
Naturally, referral programs and options to customize the trading experience are also positive. Beaxy also offers a referral program, which allows you to refer Foreign exchange autotrading friends to the exchange and receive 10% of their trading fees for the lifetime of their account, which seems to be the standard rate across exchanges.
Beaxy looks to be one of the most promising up-and-coming exchanges on the market, bringing many new features and a high-performance trading engine to market with a smooth user interface. If you’d like to get your hands on the invite-only demo, you can do so here. The Beaxy cryptocurrency exchange is easily one of the most user-friendly interfaces we have seen yet. With both a light and a dark theme available, the trading panel is easy on the eyes and presents information and execution panels in a clean and easy-to-read manner. In addition to the fee reduction, BXY tokens can be allocated to Beaxy’s STK Loyalty Program. In the STK Loyalty Program, users can stake/lock their BXY for a period of one to twelve months, whichever length they choose is the interest amount they receive (ie one month gives you 1% apy, 12 months gives you 12%).
Since it launched in 2009, the original cryptocurrency has provided average annualized returns of 230%. Get an easy way to check your money – access all of your cryptocurrency exchange accounts from our intuitive mobile application available on both iOS and Android. Bitcoin is a globally recognized asset – transfer BTC and numerous types of beaxy exchange review globally fungible assets using your cryptocurrency exchange. We specialize in crypto trading, powering traders in 185 countries and 43 U.S. states. All transactions starting from registration up to deposit are highly secured. It makes use of the common Two-Factor Authentication login that provides an additional layer of account security.
Shinjiru Com Web Hosting Review: High Availability, Guaranteed 99.9% Uptime
As this is a global platform, its live chat enables multi-language options. This allows its global clients to comprehensively get answers without a language barrier. The platform also provides a ticket feature for immediate queries and an FAQ section for basic questions. More so, the support team may be accessed through multiple communication Foreign exchange reserves channels such as Telegram, Discord, and Twitter. Clients are provided with a flexible platform as it is available in both web and mobile versions. While conventional platforms appear to be daunting, Beaxy is rooted in ease of use. This means that clients get to enjoy cryptocurrency trading through a light and intuitive user interface.