beaxy exchange review

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. With these crypto signals you don’t have to look for setups on your own, everything is done by the computer.

Beaxy: Services and Features

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beaxy exchange review

Cryptoexchange Commission

Nonetheless, it is a welcome feature and should contribute to a quick growth of adoption and liquidity on the exchange. Beaxy is a Chicago-based cryptocurrency exchange platform where users can easily buy, sell, store, and trade a wide range of crypto assets and fiat currencies. Beaxy is a new cryptocurrency exchange that aims to get ahead of its competition by making improvements across the board, and equipping crypto traders with a completely modernized approach to buying and selling digital assets. The team behind the platform, lead by CEO Artak Hamazaspyan and CTO Mittal Patel, has proven very transparent.

The Trustpilot Experience

This includes their native token Beaxy Coin (BXY), which we will look at in the fees section. 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 (BXY). Rewards include up to 12% apy and the potential to earn a piece of the fees the exchange makes everyday. 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.

If you happen to be a client without any trading background, Beaxy’s authoritative guide about cryptocurrencies will help you navigate your way through. This aspect is heavily prioritized since processes, starting from registration up to funding, are protected by additional layer of security. It makes use of Two-Factor Authentication that provides extra security for logins. Other security features that it prides itself with are unique withdrawal addresses and IP whitelisting. 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.

Beaxy.com User Agreement

You agree to keep your password confidential and will be responsible for all use of your account and password. We reserve the right to remove, reclaim, or change a username you select if we determine, in our sole discretion, that such username is inappropriate, obscene, or otherwise objectionable. Accordingly, those persons who choose to access the Site from other locations do so on their own initiative and are solely responsible for compliance with local laws, if and to the extent local laws are applicable. We were fortunate enough to be granted access to the demo trading platform over at Beaxy.com.

beaxy exchange review

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. Austin DeNoce is a writer, personal investor, and entrepreneur who is focused on trading and investing education for macro, crypto, equities, derivatives, and foreign exchange traders. He graduated from the University of California, Santa Barbara with a bachelor’s in philosophy and carries a deep passion for a first-principles approach to investing and education therein. Austin specializes in topics related to cryptocurrencies and blockchain technology. 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.

Overall, the Beaxy Exchange seems legit and show promise to be one of the leading companies in the crypto-trading scene. 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. However, all in all, when comparing its incentives and trading platform, the pros outweigh the cons in an aspect and we find that trading with Beaxy can be one of the better online exchanges with a long and successful road ahead of it.

To start the KYC verification process, click on your “user” tab on the top right of the page and look for the “KYC” button. What set Beaxy apart from other cryptocurrency exchange are its unique and highly-secured financial services. With the integration of top-notch technologies https://forexarena.net/ 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.

  • 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.
  • The size of the trading commission is 0.25% for market-takers and 0.15% for makers (makers, takers, rates on cryptocurrency exchanges).
  • Security measures are one of the most important factors you should be looking at when choosing an exchange.
  • Before uploading the document, you will need to select the country your document was issued in.
  • Your Contributions do not violate the privacy or publicity rights of any third party.

This platform is not only available from your desktop, you can also access it via your mobile. Most traders in the crypto world today carry out their trades via desktop (around 70% or so). However, there are naturally people out there that want to do it from their smart phone as well. 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.

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. The loyalty rewards payout for this day will be $2,500, and this balance is displayed on the Loyalty Rewards page as a “Pending Balance”, and changes everyday once the calculations are performed at midnight. The Pending Balance gets credited to user accounts on the first of each month, and Beaxy provides downloadable, monthly loyalty rewards reports and rewards are paid out in each kind of currency that the exchange charges a commission on.

The platform offers traders several types of orders to maximize profits during exchange (How to make money on cryptocurrencies). Buying cryptocurrencies through Beaxy is conducted through the user’s bank account of choice. The user will have to connect his or her bank to his or her trading account. Clients are allowed to use debit or credit card or wire transfer to fund and withdraw from their accounts. Payments through Beaxy are also made convenient as the system readily converts the client’s fiat currency into Bitcoin for payments done through the platform.

The arbitrator will make a decision in writing, but need not provide a statement of reasons unless requested by either Party. The arbitrator must follow applicable law, and any award may be challenged if the arbitrator fails to do so. Except where otherwise required by the applicable AAA rules or applicable law, the arbitration will take place in United States County, AZ. Except as otherwise provided herein, the Parties may litigate in court to compel arbitration, stay proceedings pending arbitration, or to confirm, modify, vacate, or enter judgment on the award entered by the arbitrator. Any such use of our IP and Website may result in financial loss, and you assume all such risks of loss regardless of reason. The Beaxy cryptocurrency exchange is easily one of the most user-friendly interfaces we have seen yet.