Beaxy Exchange Reviews Read Customer Service Reviews of www beaxy com

Beaxy Exchange Reviews Read Customer Service Reviews of www beaxy com

If you want to learn all its services and whether or not you should create a Beaxy account, stick around for this in-depth Beaxy review. Accordingly, we believe that this exchange has closed down and we have marked it as “dead” in our Exchange Graveyard. If the exchange’s website would become accessible again and the error is just temporary, we will “revive” it and bring it back to our Exchange List.

What are Beaxy’s Fees Like?

Rewards include up to 12% apy and the potential to earn a piece of the fees the exchange makes everyday. The Beaxy trading interface is more than satisfactory, with low trading fees and considerably more order types than most other crypto exchanges, but it is severely lacking in markets. This aspect is heavily prioritized since processes, starting from registration up to funding, are protected by additional layer of security. It makes use of Two-Factor Authentication that provides extra security for logins. Other security features that it prides itself with are unique withdrawal addresses and IP whitelisting.

Beaxy User Experience

Users can also earn a portion of trading fees by locking up PLS tokens and onboarding friends onto the platform via the referral program. 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. 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.

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The team behind the exchange are aiming to provide a comprehensive service that appeals to users of all experience levels. The user interface is intuitive and the dashboard is well laid out and there are various explanations and tips on how to navigate the platform placed in easy to find locations. The reward calculations for payouts are performed everyday at midnight UTC, however the actual payouts for loyalty rewards are made on a monthly basis, on the first day of each month with PLS holders receiving rewards for the previous month. In the following example, if a https://traderoom.info/beaxy-cryptocurrency-exchange-review/ user locks up 100K BXY tokens for 6 months, they will receive 100K PLS tokens.

The arbitrator will make a decision in writing, but need not provide a statement of reasons unless requested by either Party. The arbitrator must follow applicable law, and any award may be challenged if the arbitrator fails to do so. Except where otherwise required by the applicable AAA rules or applicable law, the arbitration will take place in United States County, AZ.

• These Terms of Use and any policies or operating rules posted by us on the Site or in respect to the Site constitute the entire agreement and understanding between you and us.
• Evan Jones was introduced to cryptocurrency by fellow CryptoVantage contributor Keegan Francis in 2017 and was immediately intrigued by the use cases of many Ethereum-based cryptos.
• That said, blindly following trading signals and mindlessly swiping left and right on trades would be unwise, regardless of the proclaimed win rate.
• In order to further secure user accounts, the exchange also provides the ability to whitelist withdrawal address, which restricts the places funds can be sent to.

These include high trade processing speeds, advanced order types, high grade security protocols, loyalty and referral programs and 24/7 customer support. We do not provide investment advice, nor provide any personalized investment recommendations and/or advise on the merits of any investments. We also do not provide any assurances the features, functionality or the information offered on our Website(s) is accurate, reliable or will function to your satisfaction. If the Parties are unable to resolve a Dispute through informal negotiations or mediation, the Dispute (except those Disputes expressly excluded below) will be finally and exclusively resolved by binding arbitration. YOU UNDERSTAND THAT WITHOUT THIS PROVISION, YOU WOULD HAVE THE RIGHT TO SUE IN COURT AND HAVE A JURY TRIAL. The arbitration may be conducted in person, through the submission of documents, by phone, or online.

Trading Platforms

The Hummingbot is a nice feature, but it’s very frustrating to get going or learn how to integrate despite Beaxy’s customer support resources. And the application for Beaxy Black hardly seems worth it unless you are a die-hard, high-volume Beaxy trader. For each person you refer to the program, you’ll receive extra percentage points for any transaction fees collected throughout their trading. Although the Beaxy exchange itself doesn’t technically have a trading bot, it has linked up with Hummingbot, which allows users to incorporate its open-source trading bot into the platform via an API. Beaxy surprisingly only supports a handful of USDT and USDC pairs as most of its trading pairs are with BTC. At this exchange, they accept fiat currency deposits (both wire transfer and credit cor debit card transfers) through Simplex.

It incorporates a range of attractive features with more expected to be added over the coming months and years. More experienced crypto traders will be impressed by the variety of market orders available on Beaxy, and they include Market, Limit, Post Only, Limit IOC, Limit FOK, Stop Loss, Stop Loss Limit, Take Profit, and Take Profit Limit orders. In no event shall any Dispute brought by either Party related in any way to the Site be commenced more than one (1) years after the cause of action arose. If informal negotiation of a Dispute does not resolve the matter, you agree to submit the matter to mediation in Maricopa County Arizona before invoking binding arbitration procedure below. You will use Third-Party Websites and Third-Party Content only at your own risk. Company has not been involved in the preparation, adoption or editing of Third-Party Content and does not explicitly or implicitly endorse or approve such content.

How to Set Up Your Beaxy Account

Beaxy looks to be one of the most promising up-and-coming exchanges on the market, bringing many new features and a high-performance trading engine to market with a smooth user interface. If you’d like to get your hands on the invite-only demo, you can do so here. All content on CaptainAltcoin is provided solely for informational purposes. It is not an offer to buy or sell any security, product, service or investment. 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.