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Kucoin rose to popularity in late 2017 after listing several smaller cryptocurrencies that Binance refused to add to its exchange. Charging a trading fee of 0.1% for both maker and taker trades, it’s fee structure is slightly higher than the one of Beaxy. The most basic identity verification level enables users to withdraw up to 30 BTC worth beaxy exchange of cryptocurrency per day. To pass this KYC level, users need to submit a national ID document, driving license or Passport. In order to prevent the issues that have plagued exchanges like BitMex and Binance in times of exploding demand, Beaxy has developed an architecture that can support up to 225,000 tx/s for every trading pair.
Now what if Beaxy’s native exchange token can offer traders more value from holding and using rather than selling? This was the goal in mind when designing the initial utility of the token, as well as the inspiration for the additional features that will become available as we build the exchange out. 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. This acts as an additional layer of protection and can block an attacker who manages to gain access to a user’s log in details but cannot match the IP address of the actual account owner. The team also declare that standards on the platform are in line with PCI-DSS and ENISA security standards.
The fee structure and various incentives should prove successful in helping to attract users to the platform and improve the validity of the BXY token. Beaxy is a new exchange that is aiming to become a leader in the crypto trading space.
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, Binance blocks Users Post Only, Limit IOC, Limit FOK, Stop Loss, Stop Loss Limit, Take Profit, and Take Profit Limit orders. Diamond Account– Requires the staking of 1,000,000 BXY, and yields a 25% discount on trading fees with a 500 BTC daily withdrawal limit.
ihodl.com is an illustrated edition about cryptocurrencies and financial markets. Once you’ve got the app opened and logged into your account, hit the plus sign in the bottom right hand corner to go to Trender. This will allow you to customize the types of cryptocurrency and charting patterns that will be shown to you. Swipe through charts for dozens of cryptocurrencies and access the professional-grade technical analysis and price targets that are automatically drawn on them. When you come across a chart for an asset and pattern that is appealing to you, swipe right to take the trade and follow the AI-generated signal. You can enter a limit order at that price to ensure you are following the plan laid out by the artificial intelligence.
The cryptocurrency exchange will continue working to close the gap between cryptocurrencies and the legacy financial system. Because of this, you may want to hold on your investments for a while until the pre-sale of the tokens is better. Today we are going to review a new cryptocurrency exchange that we have found in the market. There is a great variety of customer support features upon the Beaxy exchange. You can submit a request to their customer support team regarding any issue that you have and they should get back to you rather quickly because of their 24/7 customer support. The security protocols within Beaxy are very effective and leave your account protected in many ways.
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One of the strongest value propositions of Beaxy is its extremely attractive fee structure. Beaxy is one of the few cryptocurrency exchanges that have their own cryptocurrency, the BXY token. For a limited time, Beaxy will match your deposits up to $500 so that you can trade or own more of your favorite cryptocurrencies. Btcoin TOPS 34000$ Opt-in to the program and make a deposit with cryptocurrency, fiat currency, or your credit card to have your bonus credited in USDC within 24 hours. Beaxy supports deposits and withdrawals with dozens of cryptocurrencies, every major credit and debit card, and six major fiat currencies .
You might also be shown charts for assets or patterns that you are not interested in trading – in this case, simply swipe left to pass on the trade and continue browsing the real-time selection of sophisticated trade ideas. Beaxy Exchange has been focused on these issues for years while honing the optimal solutions.
A rich feature set doesn’t come without tradeoffs on the ease of use, hence why Beaxy is an ideal exchange for people that have already interacted with a cryptocurrency exchange at least once. If the token is locked for less than 1 month, PLS holders will be entitled to 15% of trading fees. On the other hand, this percentage increases by up to 25% if the token is locked for over 6 months. Additionally, if users combine staking BXY together with staking their earned loyalty points, they beaxy exchange can bring them down even further to just 0.075%. Beaxy’s CEO Artak Hamazaspyan, and CTO Mittal Patel, have both assisted multiple conferences and are actively engaging with their users on social media. By creating an account you get access to a wide variety of payment rails, automated trading systems, assistive trading tools, bulletproof security, and more. Beaxy gives you access to globally sourced liquidity that results in competitive entry and exit levels when you tradeBTC-USD.
Still young in the cryptocurrency trade, Beaxy had already made a mark in the industry through its provision of a wide range of coins, from the most popular to the not-so popular ones. The firm is an expansive venue for trading digital assets with the highest value, demand, reputation, and stability. Beaxy’s Referral Program incentivizes users with 10% of their referrals transaction fees for the lifetime of their account. Throughout the crypto exchange world, we hear stories every day about fake volume, wash trading, spoofing, and nefarious acts. Beaxy technologies identify the bad actors to keep our users and trading environment safe. If you refer a friend to the company, you will receive 10% of their trading fees for the rest of your life.
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The user is given the freedom to fund the account with whatever cryptocurrency he or she prefers. Relevant educational resources for traders will be linked directly in the exchange. ’ near anything on the exchange will bring you to a related support article. Beaxy’s superior customer service team is staffed around the world and provides prompt 24/7 live support for users, so you can get support even in the extreme cases where you need help as soon as possible. Beaxy believes that cryptocurrencies can thrive alongside national currencies. As such, their aim is to reduce that layer of friction between crypto and fiat currencies to the fullest extent possible. By providing an on and off-ramp for currencies that are used by more than one billion people worldwide, Beaxy took a giant leap in the right direction.
Platinum Account– Requires the staking of 500,000 BXY, and yields a 20% discount on trading fees with a 200 BTC daily withdrawal limit. Gold Account– Requires the staking of 150,000 BXY, and yields a https://www.binance.com/ 15% discount on trading fees with a 100 BTC daily withdrawal limit. Silver Account– Requires the staking of 50,000 BXY, and yields a 10% discount on trading fees with a 60 BTC daily withdrawal limit.
In addition, they promise to maintain the confidentiality of user data, and state that Beaxy does not and will not sell https://beaxy.com/ user data to third parties. Customer Support –Beaxy provides 24/7 customer support with live chat functionality.
Beaxy Features
- Beaxy is an upcoming cryptocurrency exchange platform that also features multi-tiered coin staking where users earn an amount of discount depending on the number of coins they stake.
- The cryptocurrency exchange, which is expected to launch this January, will be a “one-stop shop” for all things crypto with fiat-crypto pair trading, OTC trading, 26 order types and information for crypto newbies.
- The company works as a cryptocurrency exchange and it has many interesting features which will attract investors.
- Market makers are being encouraged to use the exchange and are exempt from trading fee commissions.
- 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%.
- 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 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. This platform is not only available from your desktop, you can also access it via your mobile. Most Btc to USD Bonus traders in the crypto world today carry out their trades via desktop (around 70% or so). However, there are naturally people out there that want to do it from their smart phone as well. 2020 was a year full of explosive growth in crypto – we are looking forward to an even wilder 2021.
Overall, these cutting-edge assistive trading tools exemplify Beaxy’s commitment to reducing information asymmetry and leveling the playing field between casual beaxy exchange to advanced retail traders and institutional trading firms. Trading with a bias makes you believe that you can make predictions like a fortune teller.