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Originally, 1bn BXY were planned to be created, with 600mn available for the token sale and 400mn for the team, advisors and development. However, following the token sale, these figures were cut in half, with the maximum supply now 500mn BXY, with 160mn BXY currently in circulation. Beaxy was conceptualised late in 2017, though its token sale was not announced until Q1 2018, with its initial private token sale for BXY launching in June 2018. This was followed by other beaxy coin private sale rounds, and a final public sale round in February 2019 to accredited investors. In total, by May 2019, around $8mn had been raised, with BXY offered as a utility token in exchange. Investment Analysis Hhistorical performance and stats for all cryptocurrencies.GitHub Analysis Development activity for over 950 open source cryptocurrencies. At Walletinvestor.com we predict future values with technical analysis for wide selection of digital coins like Beaxy.
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If you are looking for virtual currencies with good return, BXY can be a bad, high-risk 1-year investment option. USD at , but your current investment may be devalued in the future. The company believes that it is very important to be concerned about all the types of customers, from the beginners to the experts, so it can provide a good user experience for all of them. You are about to leave CryptoSlate in order to visit a cryptocurrency or ICO website. This link is provided solely for informational purposes and is not an endorsement in any way. We recommend that you exercise extreme caution and consult a registered investment advisor before taking any action.
Why Beaxy provides the user with a concise breakdown of the numerous features and benefits of the Beaxy exchange, many of which will be mentioned in later sections, so I’ll refrain from covering them here. Suffice to say, there is plenty here that a trader might get excited about. Important Links contains all relevant resources and PR material, whilst FAQ covers beaxy coin a great number of the most pressing questions a user may have. Between these three channels, a potential new user would have plenty of material to form a fundamental opinion of the project. This is one of the most comprehensive Discord groups I’ve ever taken a look at. There’s a bloody Table of Contents, for fuck’s sake; organised is an understatement.
Will Beaxy Hit 1 Usd In A Year?
Regarding the core team, Artak Hamazaspyan, Mittal Patel, Narine Khachatryan and Marine Ghandilyan are the 4 co-founders, with experience in law, operations, marketing and development. The remaining team have experience in design, information systems, PR, customer support, engineering, marketing, data and software. However, the commitment is commendable, although beaxy coin clearly the community on Facebook is not as engaged as it perhaps could be. Relative to global benchmarks, this is 133% greater than the average across all industries. Thus, annual inflation is 0%; a speculator’s dream. As for sell-side liquidity, I found that 5.967mn BXY was available for purchase in the orderbooks, equating to 3.73% of the circulating supply.
The soft cap of the sale is $5,000,000 USD and the hard cap is $30,000,000. The company also has offers a 24/7 support which has live chat and global coverage and a response time of 24 hours or less.
- What we are told to expect is stock market-esque performance, with access to fiat deposits/withdrawals and sophisticated order types.
- The overall vision is to make the trading experience both seamless and secure, catering for all traders, independent of experience.
- The objective of the company is the creation of an accessible platform which will work as an all-in-one exchange, one in which the users will not need to access any other platform if they want to trade cryptocurrencies.
- USD with a 24-hour trading volume of $3,164.51 USD.
- To give this option to its users, Beaxy intends to provide a great set of tools and services to assist the users when they experience the platform.
- With the loyalty programs, you can receive monthly rewards based on the quantity of tokens that you have and in the transactions made on the platform.
The goal is to help you decide if Beaxy Exchange is the right fit for you, or if you should look for a different cryptocurrency exchange. To receive your deposit bonus – log in or sign up, navigate to the deposit page and be sure to click Participate to opt-in to the program. Once your deposit gets to your account, sit tight and watch as your bonus funds will be applied within 24 hours. I consent to receive emails and have fully read and agreed to the privacy policy. I hope this report has proved insightful and that you’ve enjoyed the read! Please do feel free to leave any questions in the Comments, and I’ll answer them as best I can.
Good Investment? Current Price Today: 0 005086 Usd (+0.0834%)
For Bitcoin transactions, this might take up to 15 minutes. For ERC-20 tokens and other coins it usually takes less than 5 minutes.
All of this serves to ensure that new users can readily navigate not only the Discord but the project itself. The accumulating address has added 85k BXY to their position.
The large selection of cryptocurrencies, different order types and charts may be a bit confusing for a newcomer to the cryptocurrency space. Furthermore, Beaxy is also among the very few exchanges in the space to offer live chat support, this is especially valuable when a critical issue arises. If the token is locked for less than 1 month, PLS holders will be entitled to 15% of trading fees. On the other hand, this percentage increases by up to 25% if the token is locked for over 6 months.
Both Binance and Beaxy do not have fiat currency markets for any cryptocurrency. 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. A rich feature set doesn’t come without https://beaxy.com/ tradeoffs on the ease of use, hence why Beaxy is an ideal exchange for people that have already interacted with a cryptocurrency exchange at least once. Beaxy’s users can stake the native utility token of the exchange, in order to reduce their fees by up to 50%. CoinGecko provides a fundamental analysis of the crypto market.
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. At the end of the review, we also outline some Beaxy alternatives in case you want to consider other exchanges as well. Get the latest crypto news, updates, and reports by subscribing to our free newsletter. CoinGecko may be compensated when you sign up and trade on these affiliate platforms.
Beaxybxy
The analysis / stats on CoinCheckup.com are for informational purposes and should not be considered investment advice. Statements and financial information on CoinCheckup.com should not be construed as an endorsement or recommendation to buy, sell or hold. Please do your own research on all of your investments carefully. Scores are https://www.binance.com/ based on common sense Formulas that we personally use to analyse crypto coins & tokens. Past performance is not necessarily indicative of future results. Wanted to know how the future cryptocurrency prices would grow if we used the price gains of the leading social/technological innovations like Facebook, Smartphones, Data, etc.?
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Although Binance has had some minor crises in the past, having been hacked for 7,000 BTC at one point, its CEO has proven to handle such situations perfectly and no users have ever lost their funds. Beaxy offers a decent exchange that is likely a good fit for most people reading this review. However, there are 3 main Beaxy alternatives that differentiate themselves by being superior on certain aspects.
To pass this KYC level, users need to submit a national ID document, driving license or Passport. One of the most important aspects of a cryptocurrency exchange Binance blocks Users is that it needs to be fast and perform well in times of high demand, a frozen order book or rejected order can at times cost the investor a lot of money.