Either of these two features can be used to transfer funds from an existing wallet. However, your funds will only be deposited to the wallet set as default, and you can then transfer freely between your internal wallets. To deposit funds on Beaxy, click on the “My wallets” tab at the top right of the screen, and select your preferred currency. After that, click on the + icon next to it, which will expand the list of wallets you have for this currency. It’s also important to note that Beaxy will have an exclusive partnership with OneTick, its flagship software, a comprehensive suite for time-series data management, real-time event processing, and analytics.
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.
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.
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 beaxy review 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.
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.
Can US citizens use Beaxy?
Quick Trade, developed by Coinsquare Canada, is optimized for faster trades with the lowest spreads and fees, top-tier security and industry-leading customer service…. Due to its relative youth, Beaxy may be best suited to people with a good understanding of trading digital assets and using exchanges, although the platform is set out in a way that makes it easy for new users to get acquainted. Functionality – Beaxy operates as a web-based trading platform, and utilises a simple to use, and intuitive UI. The interface is also customizable and includes scrolling ticker settings for speed, visibility, and favourite pairs.
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.
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.
With these crypto signals you don’t have to look for setups on your own, everything is done by the computer. Welcome to the world’s leading cryptocurrency exchange with FREE Trading Bots! Pionex provides 16 trading bots like Grid Trading Bot which allows you to securely and automatically trade currencies like Bitcoin, Ethereum, Dogecoin and so on. Quick Trade allows you to trade Bitcoin in Canada, along with many other digital currencies.
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. 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.
This means that no other crypto exchange will have access to this technology. Beaxy will match your first deposit with a $500 cryptocurrency welcome deposit bonus. This means that when you make the first deposit you will double your capital immediately and all of it is yours to trade with.
However, the team are planning to roll out a number of additional features that will help to establish the exchange as a viable alternative to current industry leaders. The exchange also incorporates TradingView charts with a full range of technical indicators, and trading analysis, data research, and back-testing services from OneMarketData. Beaxy is advantageous to work https://forex-reviews.org/ with exactly because they have so many different tools and instruments that can be integrated right into the trading experience very neatly. Most exchanges don’t have these, because you’ll have to develop them yourself or buy a license to them from some third-party. They have basically collected an extremely large library of different cryptocurrencies and crypto tokens.
- It’s an automatic technical analysis tool that will let you choose from new setups just and it works exactly like Tinder where you swift left and right if you want to accept the new trade setup.
- This technology can support hundreds of thousands of trades per second with less than a millisecond of latency, which is very fast when compared to other exchanges.
- At the top of the interface are various important factors that can help you with your ongoing trades, including statistics like the volume, bid/ask spread and percentage changes.
- The team behind the exchange are aiming to provide a comprehensive service that appeals to users of all experience levels.
- Launched in June 2019, Beaxy is a new cryptocurrency exchange that aims to get ahead of its competition by offering unmatched security, performance, and superior tech.
The next step is to log into your Beaxy account and pass the identity verification process. Once the team has approved you, you become a standard user and can withdraw up to 30 BTC worth of cryptos per day from any combination of their wallets. The KYC process is very straightforward and much easier to follow and comply with than the KYC-procedures at other major crypto exchanges. To start the KYC verification process, click on your “user” tab on the top right of the page and look for the “KYC” button.
Payment methods and limits
Beaxyis operated by Beaxy Digital, Ltd, which is a company registered in St. Kitts & Nevis in the Caribbean Islands. The team behind the exchange is transparent in nature and contains CEO Artak Hamazaspyan, CTO Mittal Patel, COO John Galvagno, and Director of Engineering Federico Almaraz. Naturally, all of these pieces of software are integrated to some extent.
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.
If there are also 10 million BXY tokens locked up in various accounts on Beaxy, there will be 10 million PLS tokens in circulation. The team at Beaxy aim to provide crypto/fiat functionality, high performance capabilities, cutting edge security, and extensive customer support, alongside reasonable fees. Cryptocurrency is a bit different from other trading products (stock, Forex, etc.) in that coins are mostly traded on exchanges built into the websites that belong to one broker or another. It’s part of their nature, because it’s easier for them to set up exchanges in Web rather than provide trading on the usual trading platforms like MT4. The project held an Initial Coin Offering which ran until September 2018 with an excellent amount raised equaling $3 million.