Tech and tools provide a glimpse into Beaxy’s high-grade cryptocurrency trading technology. It is responsible for the exchange’s fast order executions and high profits. Beaxy’s true partnership feature points to the overall support Btcoin TOPS 34000$ that the exchange lends to its clients, including free research and educational resources and a 24/5 support team. Beaxy also has a community of traders that share trading tips and expert opinions on various financial markets.
Members of their team have reportedly built trading desks in Chicago, IL. Their API feature REST and WebSocket as well as FIX, view the documentation here. When the trade is complete, you will receive your funds on your account. When exchanging a cryptocurrency for another, you have to make sure that the cryptocurrency you are holding and the one you want to exchange it for are both supported by Beaxy. You can check the complete list of cryptocurrencies Beaxy supports on their website and to learn more about buying, selling, and exchanging crypto. The platform provided by Beaxy displays real-time data from the market and especially highlights the price movements of Bitcoin and BXY tokens.
The platform will also help the exchange to provide several crypto wallets per currency, charting features, a security token offering launch platform and multiple users on a single account where the users have various user permission levels. The Btc to USD Bonus 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. Benefit from obtaining the ERC20 Beaxy token, you can use these to pay off fees and you can trade them for other tokens. Have a blast with its fast processing speeds, 24/7 customer support, and great trading tools. 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.
Meanwhile, for traders who are always caught up in between things and do not have the time to sit down with their desktops, Beaxy offers a mobile platform that has the same features and functionality as its desktop counterpart. With Beaxy’s mobile platform, you can trade conveniently anytime and anywhere. To check the full range of indicators offered by Beaxy, visit its official website. Security is a very important feature for anyone looking for a crypto exchange and in addition to keeping a minimum balance on an exchange; users also want additional security features.
They will also be adding advanced order types as options, which is a feature that current exchanges are significantly lacking in. These will include the option to choose between trailing stops, “fill or kill” orders, orders which expire at a certain time and many others which traders with complex strategies will find incredibly welcome. Beaxy is still a young and rising cryptocurrency exchange but it already offers high-class services beyond its years. It employs beneficial services through partnership with different providers to continually provide and revolutionize their client services. Another advantage of trading with Beaxy is its high-grade security measures that guarantee the protection of their clients’ personal data and funds. The only disadvantage of Beaxy is that as of the moment, it still supports a limited number of cryptocurrencies. What’s worth noting is that Beaxy already provides great features despite its newness to the market.
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. We run this project for the benefit of the cryptocommunity on a small budget. If I want to buy Bitcoin I place a ‘bid’ order and if I want to sell Bitcoin a https://www.binance.com/ place an ‘ask’ order. If I wish to have my order executed immediately I can place a ‘market’ order, which will buy or sell at the best market price. We offer the highest grade of trading technology in the world, helping your orders get processed in the most efficient way possible and maximizing your ability to be successful.
Launched on 10 Jun 2019, beaxy exchange is a centralized exchange, headquartered in The Board of Trade in Chicago, IL. The exchange claims to support 6 fiat pairs, a two-way fiat ramp, credit and debit card support, and spot cryptocurrency trading. Cryptocurrencies are reportedly secured by Curv institutional custody and fiat accounts are insured up to $250,000. Beaxy Exchange offers prebuilt TA, signals, for cryptocurrencies listed on their platform.
The objective of the company is the creation of an accessible platform which will work as an all-in-one exchange, one in which the users will not need to access any other platform if they want to trade cryptocurrencies. To give this option to its users, Beaxy intends to provide a great set of tools and beaxy exchange services to assist the users when they experience the platform. The company states that it will create a platform with an intuitive user interface which will allow exchanges from both fiat currency and cryptocurrencies. Beaxy’s objective is to provide a sleek and elegance experience for all its users.
The price chart can be organized and viewed in different time intervals, to let you get a better grasp about the market’s movement every second, hour, or even days. On the left side of the chart, you can see a category of tools and indicators https://beaxy.com/ that reach up to nearly a hundred. These indicators and tools are essential in plotting price movements or identifying trends in the market. Beaxy offers commonly-used indicators such as Bollinger Bands, Moving Average, and MACD.
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. With trader’s paying a fee of 25 basis Binance blocks Users points to exchange crypto and fiat, Beaxy’s trading fees are 50% less than Coinbase. In the first phase, the US-based trading platform opened deposits, withdrawals, and trading support for USD. This featured three USD trading pairs; BTC-USD, Ethereum-USD, and BXY-USD.
The PLS token is an exclusive token to the beaxy exchange, you can only trade your BXY tokens for this token and when you receive it you can lock them up for a certain time. The purpose of locking these tokens up is so you can receive a percentage of your trading fees back. 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. Beaxy is a cryptocurrency trading platform that leverages artificial intelligence to connect traders with the best chart setups and pattern predictions from minute to minute to ensure informed, successful trading opportunities. The exchange offers assistive trading tools to provide its clients with highly personalized strategies that take the pain and guesswork out of trading. Although these tools and strategies are not new to the trading world, they are newly integrated with the world of cryptocurrency trading. Beaxy’s fees begin at a slightly higher rate than some of its competitors, at a rate of .16% of the notional value of your order.