True enough, the company offers only the most advanced platform to conduct trades with alongside other financially-related transactions. The exchange also incorporates the ERC20 BXY Token which allows users to participate in staking in order to receive a 50% discount on trading fees. 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. There are also further resources aimed at newer traders such as the FAQ section and Knowledge Base, and the team is active on social media. It can be contacted across their different channels, including their Telegram group, Discord server, and Twitter account. So their most interesting partner for me is called OneMarketData.

Functionality – Beaxy operates as a web-based trading platform, and utilises a simple to use, and intuitive UI. The interface is also customizable and includes scrolling ticker settings for speed, visibility, and favourite pairs. It also incorporates Night and Day modes for around-the-clock trading, TradingView charts with a full range of technical indicators, and a variety of charting colour options. 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. The Beaxy private sale started in June 2018, raising $3 million in funding.

Is it possible to withdraw fiat from Beaxy exchange?

OneMarketData is a leading provider of software solutions for the financial industry . OneTick, its flagship software, is a comprehensive suite for time-series data management, real-time event processing and, analytics. Beaxy will have an exclusive partnership with OneTick, meaning no other cryptocurrency exchange will have access to this technology. Cryptocurrency exchange https://forexbroker-listing.com/ are its unique and highly-secured financial services. With the integration of top-notch technologies into its system, it managed to provide a platform that enhances both trading experience and margin of profitability. While it is indeed a tad exchange, Beaxy is never to be underestimated as the platform is conducive enough to facilitate a cryptocurrency trading.

Maker fees range from 1 to 15 basis points and taker fees from 8 basis points to 25 basis points. Diamond Account– Requires the staking of 1,000,000 BXY, and yields a 25% discount on trading fees with a 500 BTC daily withdrawal limit. Platinum Account– Requires the staking of 500,000 BXY, and yields a 20% discount on trading fees with a 200 BTC daily withdrawal limit. Gold Account– Requires the staking of 150,000 BXY, and yields a 15% discount on trading fees with a 100 BTC daily withdrawal limit. Silver Account– Requires the staking of 50,000 BXY, and yields a 10% discount on trading fees with a 60 BTC daily withdrawal limit.

Even though Beaxy’s website can also be used on a smartphone, it’s not as user-friendly as a dedicated app would be. Additionally, if users combine staking BXY together with staking their earned loyalty points, they can bring them down even further to just 0.075%. Beaxy offers several different order types in addition to regular limit and market orders. Some of these order types include Limit IOC, Limit FOK, Take Profit, and more.

Keep track of which market is winning and which one is losing today. Match your deposit with a bonus and trade with more capital. Additionally, the exchange stores funds in multiple cold wallets distributed across dozens of secret geographic locations. This makes it essentially impossible for a criminal to compromise all of the exchange’s funds. Finally, on the contrary to Binance, Beaxy currently does not have a mobile app, unfortunately.

Tickets are also available for immediate queries, while the site has an FAQ section for basic questions. In addition to this, it has an active line of communication in their socials and the team may be reached through Twitter, Discord, and Telegram. No matter how large or small, the process of buying and selling crypto requires you to fund an account using recognized payment method. When it comes to buying digital assets, Beaxy clients can choose from a range of payment options, including Wire Transfer and Debit/Credit Card. The 24h volume statistics on Beaxy signifies how much cryptocurrencies have been traded over the last 24 hours. This information is able to show the direction of currency movements as well as predict future prices and demand, so it plays a very important role as an indicator to help traders plan decisions.

Coins to Trade

This and much more are available and I understand why so many traders like the platform. It’s easy to use and from the main menu, you have access to features such as trender and signals which are two automatic tools for day traders that help you find new setups that have up to 70% win accuracy. Another useful tool is the daily winners on the home page where you can easily scan the daily winners of all coins available. This is a great tool for crypto day traders to track daily volatility. It is registered in the US as a Money Services Business by Financial Crimes Enforcement Network .

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. From here you can click the Mati “Verify me” button, and choose your preferred language. You can also complete the verification process via smartphone, and you can click the link at the bottom of the panel and then enter your email address. Mati will send a link to this email that can be used to continue the verification process by phone.

Literally every other crypto exchange I’ve used has been a better trading experience. Launch was a disaster, and in the years since, they have failed to provide tradeable books across most of their listed assets. Additionally their market makers routinely pull their orders from the already thin books, so using stop orders is asking to get your position sold off far below market price. Second, click “withdraw crypto” or “withdraw fiat” in the left menu depending on your preferred withdrawal currency.

Beaxy Exchange Review: Complete Beginners Guide

Sofwave does not have that issue because it’s just up in the dermis.” What’s more, she notes that Ulthera is very uncomfortable, while Sofwave is much more easily tolerated. A lot of my previous beauty no-nos stemmed from associating moisturizing products with further fueling my naturally oily skin. Obviously, depriving your skin of that much-needed hydration does more harm than it does good, and when using the right products, it can blot away excess oil and result in the fresh face so many of us are after. As the day went on, I re-remembered why this particular dry shampoo has always been one of my favorites. I was stopped a grand total of four times to see what “fragrance” I was wearing.

• 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.
• Sometimes I’ll catch myself taking a second glance in the mirror after finishing my skin care routine because my complexion looks so damn good.
• After generating an address, you’ll see the standard QR code and alphanumeric string.
• Either of these two features can be used to transfer funds from an existing wallet.
• Stratis is more and more self-sufficient every single day, so I have spare time and decided to look at all the new innovative projects that could have a bright future and make the crypto space a better place.

The Beaxy team is already pretty big and has 25 full-time employees and 25+ halftime contributors all over the world. The exchange team contains CEO Artak Hamazaspyan, CTO Mittal Patel, COO John Galvagno, and Director of Engineering Federico Almaraz. It goes against our guidelines to offer incentives for reviews.

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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. The most basic identity verification level enables users to withdraw up to 30 BTC worth of cryptocurrency per day. To pass this KYC level, users need to submit a national ID document, driving license or Passport. If the token is locked for less than 1 month, PLS holders will be entitled to 15% of trading fees.

After clicking on the link in your confirmation email, the next step is to log into your Beaxy account and pass the identity verification process. At the time of writing, Beaxy has a daily volume of just $8M. However, that is understandable when considering how young the exchange still is. The team operating the exchange has proven to be very transparent. Beaxy’s CEO Artak Hamazaspyan, and CTO Mittal Patel, have both assisted multiple conferences and are actively engaging with their users on social media. Note that Sofwave isn’t going to eliminate wrinkles or add volume (à la filler).

As one advantage that Beaxy promotes, they mean that the KYC-procedure on their platform is much easier to follow and comply with than the KYC-procedures at other major American crypto exchanges. The information in the below picture comes from 18 September 2019. This means that this exchange is what we call an “entry-level exchange.. Beaxy.com also allows the buy and sell bitcoin or such coins as Litecoin, Monero, Zcash, Ripple, Waves, DASH, USD Coin, and Pundi X alongside others. Crypto traders would find further information regarding the other coins in the system’s circulation through Beaxy’s official website.

There are various explanations and tips on how to navigate the platform placed in easy to find locations. Beaxy has a very good platform with all tools that you could ask for. 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.

In order to prevent the issues that have plagued exchanges like BitMex and Binance in times of exploding demand, Beaxy has developed an architecture that can support up to 225,000 tx/s for every trading pair. The large selection of cryptocurrencies, different order types and charts may be a bit confusing for a newcomer to the cryptocurrency space. Right next to your selected currency, you will see a “+” icon which once clicked, displays the different wallets that you can make the deposit to. The ultrasound technology goes to work on your collagen, so it takes time for all that stimulation to come to a head on the surface of your skin.

While the review team had found to be a good feature, the matters stands that the KYC Protocol only protects the Beaxy platform, not the client’s data. It would be commendable for the firm to mirror this kind of protective measure to its clientele’s data and digital assets as it had done quite impressively with its internal system. What came as the most impressive feature of this aspect is its live chat operated by experts and industry professionals. For users who are non-English speakers, they may utilize the multi-language assistance feature.

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. Artak has prior experience in leading a business and his reliability and amiable personality have laid the foundation for company culture at Beaxy. He believes creating a website is not a job, it’s a lifestyle. As technology changes, so does the product roadmap, and he is up for the challenge in keeping the team ahead of the curve.