Beaxy Review Is This Crypto Exchange Worth It?

Beaxy Review Is This Crypto Exchange Worth It?

beaxy exchange review

In a nutshell, we are a crypto guide with the right ambitions and values. Trading Browser is a global crypto guide for all traders and investors and our focus is always to deliver high-quality content for you, our readers. Some of our platform recommendations might be our partners and we may earn money through our links on our website but this does not change our opinions as all our recommendations are our own.

The Advantages of Trading with Beaxy

beaxy exchange review

Before you can begin filling in orders and executing trades, you have to create an account with Beaxy. Your registration will go through a comprehensive verification process. Once you are verified, you can deposit funds to your account and use the logins verified by Beaxy. It upgraded the interface to make it more user-friendly and easy to navigate. It also worked on customer centric creativity, better technology, and engagement with crypto smarter. The system also worked on providing additional features, including a multi-stage but seamless process of transactions and the opportunity to buy not only Bitcoin, but other cryptocurrencies, too.

Beaxy Crypto Exchange

beaxy exchange review

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. They will also be adding advanced order types as options, including choosing between trailing stops, “fill or kill” orders, orders that expire at a certain time and many others which traders with complex strategies will find extremely interesting. With all that said, Beaxy does indeed follow top security practices, and offers security features that really bring the user peace of mind because they know that their assets are safe. No, Beaxy is not similar to a traditional finance broker, they offer no financial services such as lending. Users must already have assets to bring to the exchange in order to make use of it.

Beaxy Cryptocurrency Exchange Overview

Everything around us is going digital as daily life moves onto the internet. Cryptocurrencies are simply the next step in the digitization of our world, so you can think of a cryptocurrency exchange as a place to move your money from analog to digital, from paper to bits. Performing such a conversion has the benefit of solving difficult problems surrounding the movement of money in traditional finance.

  1. Using cutting-edge trading tools, our team enables you to find the best way to manage your cryptocurrency exchange accounts.
  2. Yes, this exchange allows US citizens to buy, sell, and trade both bitcoin and other cryptocurrencies.
  3. Although we perform regular routine backups of data, you are solely responsible for all data that you transmit or that relates to any activity you have undertaken using the Site.
  4. Before you can begin filling in orders and executing trades, you have to create an account with Beaxy.

And the application for Beaxy Black hardly seems worth it unless you are a die-hard, high-volume Beaxy trader. 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. This next-generation digital asset exchange is employing at least 50 persons which makes this 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 (FinCEN). In addition, Beaxy has a smaller number of supported cryptocurrencies than leading exchanges such as Binance and Huobi.

Exchange your crypto better, safer, faster

The Website is for information purposes only, and no assurances can be given as to the accuracy or reliable of information and content on our Website. Any premium features or services offered through the Website are also provided with no warranties express or implied, and you assume all risks of use. The integrated price charts (provided by TradingView) are placed in the center of your browser, with the order panel and trade history on the left, while the right is reserved for the order book. At the top of the screen, you’ll find a quick summary of important information such as the bid/ask spread, percentage change and volume updated in real-time. Additional trading pairs are available through a handy drop-down menu which includes a search bar for ease-of-access.

Beaxy’s customer support staff is available 24/7 to take you through the platform or help you resolve any issues that you may encounter. Contact our customer service agents that are ready to provide assistance in a timely manner or try out Bixie, the automated support agent that lives in the bottom right corner of your screen. Join the Beaxy Updates Telegram channel to stay up-to-date on current offers and promotions, a curated set of the top news in crypto, plus updates on all things Beaxy. Additional trading pairs that will become available on Beaxy Exchange include BTC-GBP, EUR-GBP, BTC-JPY, ETH-JPY, BTC-CAD, ETH-CAD, BTC-AUD, ETH-AUD. Both versions are rooted in ease of use, giving traders a light and intuitive user interface.

Another addition to the increasingly competitive altcoin market is the Beaxy cryptocurrency exchange. The platform intends to deliver virtual coin-related solutions far better than what is currently offered in the industry. Whether it is to buy or sell cryptocurrencies, clients are ensured that they will get a revolutionary approach through top-notch tools and technologies. In their roadmap, Beaxy outlines a plan to bring over-the-counter market functionality as well as the ability to directly exchange fiat currency for your favorite coins. They also plan to add new tokens and coins on a regular basis in addition to the 24 trading pairs they will launch with. They will also be adding advanced order types as options, which is a feature that current exchanges are significantly lacking in.

The Beaxy private sale started in June 2018, raising $3 million in funding. In total, Beaxy is selling 60% of the tokens and there is a soft cap of $4.2 million and a hard cap of $ 19 million USD. 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. After accepting the Terms and Conditions and clicking “Sign Up”, you will automatically receive a confirmation email with a verification link. After clicking on the link, you will be asked to log into your account.

Beaxy is a cryptocurrency exchange platform that enables users to buy, sell, and trade a wide range of digital assets. The platform is known for its user-friendly interface, low trading fees, and advanced trading tools. One of the most important aspects of choosing a cryptocurrency exchange is making sure it can keep your funds protected and your data private. Beaxy uses multi-party computation protocol (MPC) technology developed by Curv Digital Asset custody to keep your assets as secure as possible. This is why the list of clients who entrust their digital assets to Beaxy is long and growing daily. In addition, our operations are compliant with all applicable U.S. and international finance regulations.

In terms of security, Beaxy has implemented multiple layers of protection to ensure the safety of users’ assets. The platform uses cold storage for the majority of its cryptocurrency holdings and employs SSL encryption for all data transfer. The platform has a strict security policy in place to ensure the safety of users’ assets. You understand and agree Company does not and is not licensed to provide any investment advice or investment management services, and we expressly deny providing any such advice or management services.

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