In addition, they promise to maintain the confidentiality of user data, and state that Beaxy does not and will not sell user data to third parties. 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. The exchange also allows for withdrawal address and IP whitelisting, and the team also promise to maintain the confidentiality of user data. Standards on the platform are in line with PCI-DSS and ENISA security standards. The Beaxy team aim to provide a fully featured exchange that facilitates a comprehensive trading experience and incorporates many of the best features found amongst the current industry leaders. After generating an address, you’ll see the standard QR code and alphanumeric string.
- Beaxy is advantageous to work with exactly because they have so many different tools and instruments that can be integrated right into the trading experience very neatly.
- The team behind the platform, lead by CEOArtak Hamazaspyanand CTO Mittal Patel, has proven very transparent.
- The user interface is intuitive and the dashboard is well laid out and there are various explanations and tips on how to navigate the platform placed in easy to find locations.
The exchange uses two-factor authentication and is compatible with both Google and Authy Authenticators. The team members have assisted multiple conferences and are actively engaging with their users on social media. Mittal is a full stack developer that has worked for IBM software labs as a Rational Product Developer for 4 years. However, if you decide to transfer digital assets, the amount can be even smaller. This online crypto trading platform has the main office at this address, E Jackson Blvd, Chicago, Illinois 60604. 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 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. These include high trade processing speeds, advanced order types, high grade security protocols, loyalty and referral programs and 24/7 customer support. 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. TradingView provides the price charts that are located in the center of the interface and provides a full range of technical indicators and various charting color options. Depending on the Beaxy coins you choose to trade or payment method you use, the payment fees can change.
About the special features on Beaxy
Customer Support –Beaxy provides 24/7 customer support with live chat functionality. 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. 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. If you are looking for new technology to improve your results you will be pleased to hear that Beaxy offers to trade with Hummingbot.
However, Beaxy’s design doesn’t just look good, it’s also very practical. The pages aren’t littered with all sorts of information, all the necessary sections are easily available and it’s very low to get lost or confused here. Beaxy has several very good upsides that make them a nice option if what you want is to invest into some coins without much effort. CaptainAltcoin.com does not offer any sort of financial or investment advice. Please make sure to do your own research, make educated financial decisions and consult your Financial Advisor.
Deposit Funds
However, users who choose to pay their trading fees in BXY tokens receive a 50% reduction and pay a fee of 0.1%, and anyone participating in the exchange’s Staking Program can reduce their fees by an additional 25%. Market makers are being encouraged to use the exchange and are exempt from trading fee commissions. In order to pay your fees with BXY, click on your profile, and select “Fees”, then move the “Pay with BXY” slider button to the “On” position. 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.
In order to further secure user accounts, the exchange also provides the ability to whitelist withdrawal address, which restricts the places funds can be sent to. IP whitelisting is also featured and once set up, when you try to log in to your account for the first time from a new location, access will be denied and a red “IP Whitelist” message will appear. You will be sent an email with a verification link that will allow you to access your account from the new IP address. 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.
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. Fast Redeem,instant buy market/limit/profit&loss, multi-trading types. TIGER Bank investment service, highest profit of 20% with daily interests. beaxy review Trustee Wallet is the best crypto wallet for safe storage and profitable purchase of cryptocurrencies. Intuitive design, innovative security technology, anonymity, and endless possibilities all in one place. In addition, Beaxy has a smaller number of supported cryptocurrencies than leading exchanges such as Binance and Huobi.
The trading interface is customizable and can be moved around as you like. 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. You can access all tokenomy platforms with your existing Indodax credentials. Members have access to a secure and safe platform thanks to regular security reviews.
Why Beaxy
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. To start the KYC verification process, click on your name and select KYC in the drop down menu. And the most amazing thing is their trading platform, whose design does look pretty neat, https://forex-reviews.org/ but it’s also intuitive and user-friendly. It’s obvious what most buttons do and the most important ones are also the biggest and most colorful. They are also spaced out very effectively, which makes it hard to press the wrong box on accident. As mentioned, Beaxy has signed many agreements over the years to allow numerous tokens and coins on their platform.
Create signals to get alerted when specific price levels are broken or when there is sudden volume spike surge. It’s supposed to be a simple and intuitive way of trading, and, reportedly, it increases your win rate by 63%. However, it means you’ll have to rely on the judgment of whoever sends you these matches – a bot, most likely. Despite these features, Beaxy has a number of challenges to overcome, for example the Loyalty Reward Program is not available to residents of the US, while fiat transfers still haven’t been enabled.
Payment methods and limits
One-click is available for all crypto scalpers out there who are looking to trade order flow. Keep track of which market is winning and which one is losing today. Forex is a high-risk trading instrument which is not suited for all traders and investors. Start with a tailored template for your projects and tasks, and build the workflow and process you need with the tools at your fingertips.
The KYC verification process is conducted via Mati who store encrypted user data in AWS servers in the USA. 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. Beaxy allows you to have multiple wallets for each currency; however, your funds will only be deposited to the wallet set as default, and you can then transfer freely between your internal wallets. After your transfers have been confirmed you are free to trade on the exchange.
This exchange is available in 185 countries and 43 United States states and offers a referral program, which allows you to refer friends to the exchange and receive 10% of their trading fees for their account’s lifetime. You have the option to activate free crypto trading signals that will automatically give you a signal every hour or so based on preset criteria. These price predictions have a 63% win rate and are pre-built technically with data-driven pattern recognition.
Of course, it’s nowhere near Binance with their 500+ pairs, but it’s still a very extensive library. The integrated price charts are placed in the center of your browser, and at the top of the screen, there is a quick summary of important information such as the bid/ask spread, percentage change and volume updated in real-time. The order panel and trade history are placed on the left, while the right is reserved for the order book.
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. 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.