Cryptocurrency Exchange Reviews

Maker fees range from 1 to 15 basis points and taker fees from 8 basis points to 25 basis points. Trading fees on Beaxy can be reduced 5-25% by enabling the Pay with BXY option. Before you dive in, learn more about this crypto exchange by reading our complete Bololex review. Before you dive in, learn more about this crypto exchange by reading our in-depth ZBG Exchange review. Does WhiteBIT offer the tools and features you need for successful crypto trading?

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.

Learn more about this crypto services platform and exchange by reading our full Coinmetro review. Thus, the Beaxy exchange will be useful not only for those who need simple and affordable exchange transactions but also for those who want to start earning on the cryptocurrency. The exchange provides a program of discounts for “freezing” tokens BXY. To pay a smaller commission, you need to choose the amount and term of the freeze – the maximum discount amount will be 25%.

It is responsible for the exchange’s fast order executions and high profits. It’s also worth noting that Beaxy operates a loyalty reward program that incorporates the PLUS Token , an exclusive token to the Beaxy exchange. You can only trade your BXY tokens for this token and when you receive it you can lock them up for a certain time, which will get you a percentage of your trading fees back. Select the currency that you want to pay and the amount that you would like to spend.

You must then select the country your document was issued in, before uploading the document. 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. Before you start reading this review, be sure to register yourself for Beaxy Exchange over here and do the KYC. If you need any avatrade review help with registering and doing KYC, @ILikeCharting made a tutorial video, which you can find over here. Beaxy will retain lawyers to ensure compliance with necessary laws to operate and pursue the necessary licenses to offer all the features in our roadmap. Projected to be Beaxy’s largest expense; 35% of the budget has been allocated to the development of Beaxy’s roadmap through R&D.

Once you are on the KYC verification page, the first thing you will have to do is select your country of residence and also submit a picture of your National ID, driving license or passport. To start the KYC process on Beaxy, click on your “user” tab on the top right of the page and look for the “KYC” button. At the end of the review, joseph hogue review we also outline some Beaxy alternatives in case you want to consider other exchanges as well. Move in and out of major cryptocurrencies and take advantage of global price discrepancies with USD, EUR, GBP, JPY, CAD, and AUD. Affiliate partners cannot pay CaptainAltcoin to guarantee favorable review or higher ratings on the website.

Deposit Methods

Inclusion of, linking to, or permitting the use or installation of any Third-Party Websites or any Third-Party Content does not imply approval or endorsement thereof by us. Your Contributions do not violate the privacy or publicity rights of any third party. Engage in any automated use of the system, such as using scripts to best day trading strategy forex send comments or messages, or using any data mining, robots, or similar data gathering and extraction tools. The user is at liberty to choose which currency this electronic wallet would be filled with. The pre-sale of BXY tokens will begin on June 1, 2018, and the main stage of ICO Beaxy sales is scheduled for June 15, 2018.

Cryptocurrency exchange beaxy.com offers bonuses and discounts to both new users and registered traders. After passing the additional check it is possible to deposit in USD, EUR, CNY and GBP. Fiat assets of traders are stored at the crypto exchange partner Prime Trust company. Cryptocurrency exchange on the platform is available after registering and making a deposit. The platform offers traders several types of orders to maximize profits during exchange .

Federico has a remarkable 17 years of experience designing software and 8+ years leading software development teams. With another 10+ years of experience developing financial commercial software focused on security and high availability, he is an ideal fit to be Beaxy’s Director of Engineering. He has extensive experience with distributed systems, commercial software, application security, OWASP, SaaS, Service Oriented Architectures, Microservices, & highly maintainable and available systems. Mittal is a full stack developer with over 10 years of experience with technologies like Core Java, J2EE, AngularJS, JavaScript, Hibernet, and RESTful Web Services. She has worked for IBM software labs as a Rational Product Developer for 4 years and specializes in developing low latency enterprise applications with extensive experience in Agile methodologies. In 2015, Mittal found herself enamored with cryptocurrency and has since become an Ethereum Smart Contract Developer and an active trader.

Standards on the platform are in line with PCI-DSS and ENISA security standards. Technology – The exchange makes use of high throughput and low latency database performance capabilities, and Beaxy is able to handle hundreds of thousands of transactions per second with less than 1ms of latency. The platform is also built for long term scaling, and includes functions to mitigate demand spikes, as well as automated scaling and resource balancing features. Beaxy was also built in collaboration with OneMarketData and incorporates its trading analysis, data research, surveillance and back-testing services. Any tokens that remain unsold in the private sale will be available for purchase directly on the platform after launch for the following 100 days.

Before you dive in, learn more about this crypto exchange by reading our complete Probit Exchange review. Transactions of such—which may also include deposits and withdrawals—may be performed through debit or credit cards and even wire transfers. Another thing that the review team had found to be inviting is the system’s immediate conversion of Fiat currency payments through Beaxy into Bitcoin. In addition to terminating or suspending your account, we reserve the right to take appropriate legal action, including without limitation pursuing civil, criminal, and injunctive redress.

The Team

However, if you are planning to withdraw less than 30 BTC worth of crypto per day, the KYC process is very straightforward. In the following example, if a user locks up 100K BXY tokens for 6 months, they will receive 100K PLS tokens. If there are also 10 million BXY tokens locked up in various accounts on Beaxy, there will be 10 million PLS tokens in circulation.

Customer support is an area where we want to excel and thus will spend what is needed to deliver superior service to our users. Anyone that knows me knows how important it is to me for a project to have a healthy community. In November last year I helped Beaxy to build their Discord and start building a community.

Beaxy is available on Guarda wallet You can store it along with 50+ coins and 400k tokens.

Beaxy employs institutional accounts for those who want to register as a business. There are severe perks of activating an institutional account such as a personal representative, advanced APIs, as well as very high withdrawal limits up to 100 BTC per day. This makes it essentially impossible for a criminal to compromise all of the exchange’s funds.

Plus, each transaction you make sending to and from an exchange incurs a network fee. If you are likely to trade an asset, it makes more sense to leave it on the exchange. The wallet columns include the Wallet Name, Available Balance, Reserved Balance, and Locked Balance, which is the balance locked away in any staking or loyalty programs. You also have Pending and Total Balance columns and the Is Default feature allows you to set the default wallet for each currency.

To join the referral program you have to register on the platform and get a referral link in your personal cabinet. After inviting a friend to the platform you will receive 30% from his trading commissions. You can track the number of referrals and the amount of earnings in your personal cabinet. Beaxy is a brand new cryptocurrency exchange that aims to compete with Binance by offering a more powerful trading engine, more elaborate order type options, low fees, and excellent customer support. 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.

Cryptocurrency Exchanges

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 in the long-term implications of blockchain technology for politics, society and the economy. At the top of the interface are various important factors that can help you with your ongoing trades, including statistics like the volume, bid/ask spread and percentage changes. One of the best features is the calculator used to calculate the profits and losses of certain trades that you’re thinking about making.

The fee will never be a high fee as you see with some other exchanges. It will be the costs of the work that has to be done before a project can be listed. Things like developer hours, legal due diligence, checking if a coin is a security or not and a good analysis of the team and project and if they are capable to deliver their project.

This system can even protect users that have added their username and password into a Beaxy phishing site, by blocking an attacker if his IP does not match the one of the actual owner of the account. Aside from all the standard security best practices like two-factor authentication, multiple servers, and powerful encryption, the exchange is also pioneering a security practice known as “IP whitelisting”. The large selection of cryptocurrencies, different order types and charts may be a bit confusing for a newcomer to the cryptocurrency space. To deposit funds on Beaxy, click on the “My Wallets” at the top of your screen and select the currency you want to deposit. Once you successfully completed the above steps, you will have to wait until eur you receive a notification that your documents have been approved.

The KYC process is very straightforward and much easier to follow and comply with than the KYC-procedures at other major crypto exchanges. To start the KYC verification process, click on your “user” tab on the top right of the page and look for the “KYC” button. The team behind the platform, lead by CEOArtak Hamazaspyanand CTO Mittal Patel, has proven very transparent. Beaxy also incorporates its native BXY token, allowing users to participate in staking to receive a 50% discount on trading fees. BXY token itself is an ERC 20 token and gives users of the platform many other benefits, such as loyalty rewards and coin staking.

You must agree to the best rate available and the 0.25% service charge. Sign in/sign up using only your email address to confirm the transaction. Fast and secure way for you to buy and exchange 150+ cryptocurrencies.

Beaxy Fees

The exchange regularly adds new cryptocurrencies, expanding trading opportunities on favorable terms. The company offers trading in the modern MetaTrader 5 terminal with the possibility of opening fiat accounts. In general, the cryptocurrency exchange can be called a reliable developing platform with high chances of reaching the top of cryptocurrency exchanges.

To pass this KYC level, users need to submit a national ID document, driving license or Passport. 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. 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. Beaxy is a new exchange that 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.

The commissions and fee structures are noteworthy in that these are highly-competent. The Built On Blockchain Shop is excited to offer Official Beaxy T-Shirts to their highly supportive, cryptocurrency exchange users. Beaxy also uses email alerts and two factor authentication which is compatible with both Google and Authy Authenticators.

Cryptocurrency Exchange: Beaxy Review

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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. 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.

However, the company is actively researching the opportunities to be registered in Malta or Gibraltrar.

Fast Redeem,instant buy market/limit/profit&loss, multi-trading types. TIGER Bank investment service, highest profit of 20% with daily interests. Buy, sell, or trade more major fiat options and dozens of cryptocurrencies on a registered U.S. exchange. After your transfers have been confirmed by the network and Beaxy displays your wallet’s funds, you are free to trade on the exchange. This fee is line with the historical global industry average, which was arguably around 0.25%.