The company states that it will create a platform with an intuitive user interface which will allow exchanges from both fiat currency and cryptocurrencies. Beaxy’s objective is to provide a sleek and elegance experience for all its users. Launched on 10 June 2019, Beaxy Exchange is a centralized exchange headquartered at The Board https://beaxy.com/ of Trade in Chicago, Illinois. The exchange supports 6 fiat pairs, a two-way fiat ramp, credit and debit card purchases, and spot cryptocurrency trading. It is a U.S. registered, FinCEN money servicing business. Cryptocurrencies are reportedly secured by Curv institutional custody and fiat accounts are insured up to $250,000.

• It is a registered security token, and PLS locked for 1 month will receive a proportional share of 15% of fees collected; 1-6 months will receive 20%; and 6+ months will receive 25%.
• 282.32 M Beaxy are under circulation, with total supply of 500.00 M and the Maximum supply of 0.00 .
• USD and the volume were at $1,120.34 USD The high and low price for 7 days is $0.
• That said, the exchange is very new, but then again it does have 22,000+ sign-ups with verified KYC, so I would have expected more.
• If trade volumes begin to pick up, however, this is a very smooth trading experience and far better than many of the larger exchanges in the space.
• USD Beaxy ranks no 1204 in the market capitalization of Beaxy is at $355,498,000,000.00 and its volume for 24 hours is ฿94,483.50.

What Sets Beaxy Apart From Other Platforms?

If you continue to use this site, you consent to our use of cookies. Earn by simply holding coin with CEX.io allows you to increase your earnings by just keeping coins in your account. Beaxy shares many characteristics with Binance, but is still nowhere near the daily volume of this titan and its security systems are also not as battle-tested yet. After an identification document is submitted, users will also have to record a short video of themselves to prove that they are in fact the owners of the document that they submitted. With a total of 100 trading pairs, that would equate to a maximum capacity of 22.5M tx/s.
The current CoinMarketCap ranking is #1202, with a market cap of $1,435,825 USD. It has a circulating supply of 282,316,707 BXY coins and the max. Regarding the native exchange token, there will be two available. The BXY token can be used to pay for fees, be staked for further fee discounts and be used to purchase additional sophisticated exchange features and apps in the future. BXY Binance blocks Users is distributed via a token sale, offering traders a 50% discount on fees and voting rights. The other token – PLS – is not tradeable but can be locked on the exchange to receive trading fees as rewards. It is a registered security token, and PLS locked for 1 month will receive a proportional share of 15% of fees collected; 1-6 months will receive 20%; and 6+ months will receive 25%.

Will Beaxy Price Drop

$500 Match Bonus Deposits are matched up to $500 on us so that you can trade with more.

You will receive an email with instructions for how to confirm your email address in a few minutes. You will receive an email with instructions on how to reset your password in a few minutes. Nexo.io – Earn 8% APY on BitcoinEarn 8% APY on Bitcoin, Ethereum & other crypto and 12% APY on Stablecoins & Fiat. Any beaxy coin transactions associated with this coin will also be removed. If you continue to use this site we assume that you are happy with it. We offer the highest grade of trading technology in the world, helping your orders get processed in the most efficient way possible and maximizing your ability to be successful.
The most important factor in this Beaxy Review is definitely the topic of user experience and beginner friendliness. Additionally, if users combine staking BXY together with staking their earned loyalty points, they can bring them down even further to just 0.075%. At the time of writing, Btc to USD Bonus Beaxy Exchange has 22 coins listed with a BTC pair and 3 coins listed with a USDC pair. Some of the listed coins include BXY (Beaxy’s native coin), BTC, ETH, EOS, XRP, LTC, BCH, and XRP. Beaxy offers several different order types in addition to regular limit and market orders.

USD Beaxy ranks no 1204 in the market capitalization of Beaxy is at $355,498,000,000.00 and its volume for 24 hours is ฿94,483.50. 282.32 M Beaxy are under circulation, with total supply of 500.00 M and the Maximum supply of 0.00 . By using the Beaxy staking program, you will be able to keep your tokens in staking mode and earn discounts in trading fees when you use the tokens. Also, if you pay the fees of the company while using its own tokens, you will be able to receive a discount of up to 50% when paying trading fees. USD Beaxy ranks no 1204 in the market capitalization of Beaxy is at $355,498,000,000.00 and its volume for 24 hours is $3,161.94.
As usual, I will be using RivalIQ‘s social benchmark report for evaluation purposes. I, for one, would love nothing more than to find an exchange that catered to all possible needs; that was Btcoin TOPS 34000$ liquid, sophisticated and all-encompassing. I am intrigued to see how Beaxy is faring in this regard, though accounting for the fact that it has only been live for a little over a month.
There will be 24/7 customer support with live chat, and the team has 25 full-time employees and more than 25 contributors. The OneTick partnership is exclusive within the crypto space and facilitates 225k tx/s per pair, which is 10x faster than Binance.
Beaxy Exchange offers prebuilt technical analysis trading signals for cryptocurrencies listed on their platform. Members of their team have reportedly built trading desks in Chicago, IL. Their API features REST and WebSocket as well as FIX, view the documentation here. Beaxy Exchange offers prebuilt TA, signals, for cryptocurrencies listed on their platform. Members of their team have reportedly built trading desks in Chicago, IL. Their API feature REST and WebSocket as well as FIX, view the documentation here. The company works as a cryptocurrency exchange and it has many interesting features which will attract investors. One of them is the loyalty program of the company, which rewards for holding the tokens and keep using the services of the company.

Beaxy (bxy) Price In Usd With Live Chart & Market Cap

With all that said, while Beaxy does indeed follow top security practices, it will still remain to be seen how the exchange reacts in an emergency situation. This system can even protect users that have added their username and password into a Beaxy phishing site, by blocking an attacker beaxy coin 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”.
Lastly, here is a link to a Google Sheets file with any significant data from previous reports compiled for cross-comparative purposes. I will keep this updated as I continue to write these reports. Though there is very little price-history available, with BXY having only been listed in June, there is some structure here to be dissected. The company is registered in Nevis with a HQ in Chicago.

That said, the exchange is very new, but then again it does have 22,000+ sign-ups with verified KYC, so I would have expected more. If trade volumes begin to pick up, however, this https://www.binance.com/ is a very smooth trading experience and far better than many of the larger exchanges in the space. USD and the volume were at $1,120.34 USD The high and low price for 7 days is $0.

Beaxy Widget Tool Addon

However, if you are planning to withdraw less than 30 BTC worth of crypto per day, the KYC process is very straightforward. The first step to start trading on the Beaxy Exchange is to head over over to the registration page and beaxy coin create an account. To do so, you will have to type in your full name, email, password, and date of birth. Although Beaxy is registered in Nevis in the Caribbean Island, the exchange also has offices in Chicago and Illinois.