Beaxy Historical Data
We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. CoinGecko may be compensated when you sign up and trade on these affiliate platforms. 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 exchange also incorporates the ERC20 BXY Token which allows users to participate in staking in order to receive a 50% discount on trading fees.
- The global cryptocurrency community can now benefit from the convenience of wiring your USD, EUR, GBP, JPY, CAD, and AUD directly from your bank to your Beaxy Exchange account to purchase your cryptocurrencies with ease.
- As a lower-fee option, trader’s increase their profit margins by spending less on trading fees and no longer need to purchase cryptocurrencies elsewhere, only to lose money on the network fees when transferring them to a different wallet.
- Have a blast with its fast processing speeds, 24/7 customer support, and great trading tools.
- Benefit from obtaining the ERC20 Beaxy token, you can use these to pay off fees and you can trade them for other tokens.
- The Beaxy Exchange is an up and coming cryptocurrency exchange that aims to be an all-in-one exchange with a variety of tools catered towards the user to give them a better experience.
The exchange also incorporates TradingView charts with a full range of technical indicators, and trading analysis, data research, and back-testing services from OneMarketData. 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. 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. You can use the “Take pictures with Smartphone” feature, and both a Driving License and National ID must have both sides uploaded. Smartphone users can click the link at the bottom of the panel to get further instructions via email on how to proceed.
As a global entity, we take every possible measure to ensure that our exchange complies with all applicable laws, regulations, and licensing requirements. Sold 8745 XRP on a market order instead of limit, and the average price was 0. I love this exchange, I guess the small volume on this market screwed me. The Hive blockchain allows near-instantaneous transaction of value and wallet addresses are usernames that unlock an entire ecosystem of services. The Hive community is made up of membership of the Steem community who were committed to a decentralized platform after the centralized takeover of the Steem blockchain. Beaxy is currently finalizing its private token sale for BXY and if not entirely sold, will complete the purchase of any unsold token directly via the newly-launched exchange. To help with this objective, they have promised an extremely user-friendly UI and mobile access, enabling a solid foundation for all communities of crypto enthusiast to be a part of.
Imagine a typical trader who is successful – no one can actually perfect all of the characteristics necessary to become successful. Profitable traders make a conscious effort to reduce their biases, fear and greed. They are also equipped with a heaping dose of discipline and self-control which enables them to do that. For the active traders that do achieve consistent profitability, they typically have years of painful losses in their past. Apps like Trender can save you immense time and resources on your journey to being a profitable trader by examining their losses in their journey to become profitable themselves. Traders of all skillsets are falling in love with Trender, the new core feature of the Btcoin TOPS 34000$ mobile app. Not only does it match you with trades – it enables you to brilliantly close positions by providing you with AI-powered signals based on proven predictive methods.
The exchange will support 225,000 transactions per second for every pair- this results in comparable speeds with the NASDAQ, along with an already listed 26 order types on full launch. To get started with Trender, Beaxy’s assistive trading technology, visit Beaxy.com to download the mobile application and log in if you already have an account.
What Bitcoin, Ethereum And Other Digital Assets Will Become
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. Users holding PLS on the Beaxy Exchange receive a percentage of all transaction fees collected by the exchange based on the duration the PLS Tokens are locked. First of all, the coin can be used to reduce trading fees significantly, as described in the section above. 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. The STK loyalty rewards program allows you to earn BXY, the native asset of Beaxy Exchange, when you lock them on the platform. Oftentimes, traders that are successful are traders that learned how to remove as much bias, fear, and greed as possible from their mentality. Beaxy Loyalty Rewards Program pays eligible users up to 25% of the total monthly transaction fees.
Fabriik Markets will provide market-making services to beaxy exchange for BSV-based trading pairs. If you cannot meet the trading fee required before the six-month deadline, only the bonus funds received as well as profits generated while enrolled in the program will be forfeited. In order to withdraw your bonus funds from the exchange, you must meet a trading fee requirement based on the value of your bonus within six months of receiving the bonus. Once this threshold is met, you can contact Beaxy’s customer support to enable withdrawals on your bonus funds.
OneMarketData has decades of experience providing well-established financial institutions — like the NYSE and Bloomberg — with market data and matching engine solutions through their flagship software, OneTick. They now bring their expertise to the crypto industry for the first time to produce Beaxy’s matching https://beaxy.com/ engine which will result in faster transaction times, unique and advanced order types, and an overall smoother flow in order books. In collaboration with their US Trust partner, Prime Trust, Beaxy introduced it’s three-phase fiat to crypto rollout plan in a press release that was issued on August 3rd, 2020.
Let’s say you lock 100K BXY tokens for 6 months, which means you will receive 100K PLS tokens. You may have seen some items from our “Swag Packs” circulating around the web — which were sent out as early promotional items — but don’t worry! We plan to offer Beaxy branded merchandise that can be purchased Btc to USD Bonus with BXY directly from us. As the exchange continues to develop, we will remain open minded about additional ways we can utilize the BXY token to provide added value to your BXY tokens. When using an exchange, a tiny portion of your final order is collected as a fee for using the platform.
This means that this exchange is what we call an “entry-level exchange”. The exchange was previously registered in Saint Kitts and Nevis, but it is now owned by Windy Inc. and Beaxy’s headquarters today are in Chicago, Illinois. https://www.binance.com/ We know that the registration and KYC process can be very frustrating with other exchanges. To alleviate these issues for our customers, we utilize AI-driven verification which can be completed in less than five minutes.
Beaxy also offers pre-built technical analysis trading signals for the crypto-currencies listed on their platform. On the contrary to Beaxy, Bitfinex also offers margin trading and fiat currency pairs for several major cryptocurrencies, like ETH, LTC, and XRP. One of the most important aspects of a cryptocurrency exchange 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. This system can even protect users that have added their username and password into a Beaxy phishing site, by blocking an attacker if his IP does not match the one of the actual owner of the account. Beaxy always encourages users to first check their Help Center if a question arises, however, if you can’t find an answer then just head straight over to their support ticket form or live chat and you will get an answer almost instantly.
For a limited time, you can double your deposit up to $500 USDC when you move funds to Binance blocks Users. To receive bonus funds, click the Participate button when you make a deposit to opt-in to the program. Bonus funds will become available for trading within 24 hours of your deposit being received. Their API features REST and WebSocket as well as FIX, their team members have reportedly built trading desks in Chicago.
Because of the fast transaction speeds, there are very rarely any delays on the transactions that you’re beaxy exchange receiving. TradingView provides the price charts that are located in the centre of the interface.
Beaxy Exchange Adds Support For Six National Currencies
You also have Pending and Total Balance columns and the Is Default feature allows you to set the default wallet for each currency. The first time you deposit into a wallet, you will be asked to generate an address for it. This fee is line with the historical global industry average, which was arguably around 0.25%. Today, however, the industry average is 0.213% for takers and 0.16% for makers, so Beaxy is a bit above average when it comes to taker fees. Free educational resources, loyalty rewards, one of the largest global communities, and 24/7 support are just the beginning. We know that most of our users spend a lot of time away from their computers. To ensure that they never miss an important move in the market, we have built a robust and easy to use mobile app that is available on the iOS and Android app stores.
At the top of the interface are a variety of important factors that can help you with your ongoing trades. These include statistics like the volume, bid/ask spread and the percentage changes. Rewards will be paid out in every kind of crypto and fiat that we charge commission on. You will be able to see exactly what you earned in the loyalty rewards report that you can download from the same beaxy exchange page for each month. You can see the summary in BTC and FIAT equivalent as well, for an easy understanding of how much you are making. The example above states that you have locked your BXY tokens for 6 months, so you will receive 25% of the $10,000. Let’s also assume there are 10 million locked BXY tokens across all accounts on Beaxy, so there will be 10 million PLS tokens in circulation.
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. Security is also a priority for this company, as it uses automated IP whitelisting, encryption technology and means to secure the confidentiality and the integrity of the network. Also, the platform has a high performance and the transactions are very fast. At the time of writing this review, the Beaxy exchange has added the following trading pairs as part of its round 1 launch. More trading pairss are going to be added in the future but for now, these are the only ones available.