The exchange also features the most advanced interface, data compilation, trading tools, and security measures to date. As Beaxy is still building its reputation and developing its user base, it offers an attractive fee structure, and the BXY token allows users to reduce their fees by up to 50%. Users can also earn a portion of trading fees by locking up PLS tokens and onboarding friends onto the platform via the referral program. 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%.

How Safe is Beaxy?

After gaining popularity on the dark web, it took six years for bitcoin to eventually reach mainstream popularity when its price surged to $20,000 per coin in December of 2017. Today, it is estimated that roughly 1% of the world’s population either owns or has previously owned bitcoin. At Trading Browser we aim to protect the end-user Beaxy by delivering content that is fully transparent and aimed at user experience, trust, and security above all else. 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.

Beaxy is great for new crypto traders

This means that no other crypto exchange will have access to this technology. The platform aims to provide traders with a comprehensive service that appeals to both newer traders and more experienced participants. 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.

Beaxy Fees

Access order books on par with the largest crypto markets in the world. Beaxy is a powerhouse platform that is well-suited from manual and automated trading strategies. Generate API keys in your account and connect them to popular trading bot platforms like Gunbot, Hummingbot, and Autonio. Getting started with an algorithmic trading bot is easier than you might think.

Exchange BTC to USD

Other than that there is much to complain over as https://investmentsanalysis.info/ seems to be a very complete digital asset exchange. 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 the future, the team behind the platform aims to add some very interesting features, such as OTC trading capabilities, margin trading, and portfolio management. There are various explanations and tips on how to navigate the platform placed in easy to find locations. There are also various market orders available on Beaxy, such as Market, Limit, Post Only, Stop Loss, Stop Loss Limit, Limit IOC, Limit FOK, Take Profit, and Take Profit Limit orders, which will impress more experienced crypto traders.

Since Beaxy is registered as an MSB in the US they are obliged to keep a reserve fund for their clients. When you trade on the exchange you can rest assured that up to $250,000 of your capital is insured and if the worst-case scenario would ever happens, Beaxy got you covered. 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.

The exchange also incorporates TradingView charts with a full range of technical indicators, and trading analysis, data research, and back-testing services from OneMarketData. The KYC process is the same for desktop or mobile users from this point, and Mati will attempt to use your camera in order to take your photo for KYC, and you may need to grant your browser permission to use the camera function. From here you can click the Mati “Verify me” button, and choose your preferred language. You can also complete the verification process via smartphone, and you can click the link at the bottom of the panel and then enter your email address. Mati will send a link to this email that can be used to continue the verification process by phone. If I want to buy Bitcoin I place a ‘bid’ order and if I want to sell Bitcoin a place an ‘ask’ order.

• 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.
• Beaxy aims to become a leader in the crypto trading space and is best suited to people with a good understanding of trading digital assets and using exchanges.
• The assets that you hold on Beaxy are protected by industry-leading security through our partnership with Curv, a cloud-based custody solution that implements a comprehensive security model on cryptocurrency that is held on the exchange.
• The Signals provided on Beaxy allow you to view various crypto market strategies without the elements of human emotion or error coming into play.
• While using the Beaxy platform in a web browser, Signals are provided to you for free based on market data that is compiled and used to generate charts with professional-grade technical analysis that has a 70% win rate when backtested.

However, if you can’t find an answer then just head straight over to their support ticket form or live chat and they will give you an instant answer. She specializes in developing low latency enterprise applications with extensive experience in Agile methodologies. She also has over 10 years of experience with technologies like Core Java, J2EE, AngularJS, JavaScript, Hibernet, and RESTful Web Services. After finishing the KYC application process, you will see the icon next to your name change to “Under Review”, and you’ll receive notification of your results once the review has been completed. To start the KYC verification process, click on your name and select KYC in the drop down menu.

Hummingbot is free to download and allows enables you to become a bona fide market maker in minutes. Download the Beaxy Trading App to trade your BTC and access all Markets anytime and anywhere. A top U.S. financial regulator continues to hammer into the crypto industry. Beaxy employs institutional accounts for those who want to register as a business. There are severe perks of activating an institutional account such as a personal representative, advanced APIs, as well as very high withdrawal limits of up to 100 BTC per day.

The project held an Initial Coin Offering (ICO) which ran until September 2018 with an excellent amount raised equaling $3 million. 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. 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 remaining 2.5 million BTC will be mined from now until the year 2140. The block reward paid to miners will be cut in half every four years until there are on bitcoin left. At that time, the block reward given to miners was reduced from 12.5 BTC per block to 6.25 BTC per block. Bitcoin is the first and most popular cryptocurrency originally proposed in 2008 and subsequently created in 2009 by the pseudonymous Satoshi Nakamoto. A native asset of the Bitcoin blockchain, it is the world’s first currency that is inherently free from the control of central banks.