The metric looks at recent changes in volume and market cap to evaluate how much a token can be manipulated by limited trading. The score ranges from 0 to 100, with low scores representing high risk and high values equating to low risk. The most basic identity verification level enables users to withdraw up to 30 BTC worth of cryptocurrency per day.
To pass this level, users need to submit a national ID document, driving license or Passport. This is similar to Binance’s fee structure as well, which only offers lower fees than Beaxy for users trading more than 100 BTC worth of cryptocurrency a month. One of the strongest value propositions of Beaxy is its extremely attractive fee structure.
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This is required so that Beaxy knows that you are indeed the person on the identity document that you submitted. Please keep in mind that if you’re submitting a National ID or driving license, you will have to take a picture of both sides of the document. To start the KYC process on Beaxy, click on your “user” tab on the top right of the page and look for the “KYC” button.
- The token page shows information such as price, total supply, holders, transfers and social links.
- Kucoin rose to popularity in late 2017 after listing several smaller cryptocurrencies that Binance refused to add to its exchange.
- Beaxy receives a high risk rating from InvestorsObserver analysis.
- The price volatility of BXY over the last 24 hours results in a high risk analysis due to its price volatility in combination with changes in trading volume, giving investors a reason to be concerned on the token’s manipulability as of now.
We strive to keep the list as up to date as possible, so we review it at least once a week. After generating an address, you’ll see the standard QR code and alphanumeric string. Either of these two features can be used to transfer funds from an existing wallet.
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. However, like everything else, for this to really shine, you need actual trading volume. With over 100 trading pairs, Beaxy will have a maximum capacity of 22.5M tx/s. Beaxy is an All-in-One exchange that is built for experienced cryptocurrency traders and those completely unfamiliar with blockchain concepts.
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— Beaxy Exchange (@BeaxyExchange) November 19, 2020
In the video you will be asked to make two circles with your head, with each rotation lasting about three seconds long. Beaxy launched its token sale on Aug 1, 2018 and completed it on Sep 1, 2018. Any use of the content requires prior approval from the site owners. Symlix.com needs to review the security of your connection before proceeding. Forbes’ top 10 Best Crypto Exchanges of 2023 .Providing Spot Trading 650+coins (like Doge&ShiB ) and up to 150X leverage in Futures Trading.
Envision to create a convenient, secure beaxy token that helps to facilitate cryptocurrencies as accessible as fiat currencies. BXY is an exchange utility token that powers the Beaxy Exchange platform. It can be used to increase user levels, reduce fees, and access new tools & features. The token page shows information such as price, total supply, holders, transfers and social links. The percent change in trading volume for this asset compared to 24 hours ago. 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.
The https://www.beaxy.com/ operating the exchange has proven to be very transparent. Beaxy’s CEO Artak Hamazaspyan, and CTO Mittal Patel, have both assisted multiple conferences and are actively engaging with their users on social media. Wallets The best places to hold your crypto; securely, anymously, easily.Merchants We have gathered some of the best merchants that accept crypto in one place.NFT Markets All marketplaces for NFTs in one, easy to compare, list.
Links provided to third-party sites are also not under Binance’s control. Binance is not responsible for the reliability and accuracy of such third-party sites and their contents. How to Complete Identity Verification Identity Verification or Know Your Customer standards are designed to protect your account against fraud, corruption, money laundering, and terrorist financing. Binance requires users to complete Identity Verification to increase their account security. Market cap is calculated by multiplying the asset’s circulating supply with its current price.
It can be contacted across their different channels, including their Telegram group, Discord server, and Twitter account. The project held an Initial Coin Offering which ran until September 2018 with an excellent amount raised equaling $3 million. This exchange is available in 185 countries and 43 United States states and offers a referral program, which allows you to refer friends to the exchange and receive 10% of their trading fees for their account’s lifetime. Once the largest cryptocurrency exchange, Bitfinex now controls a much smaller market share of the daily trading volume but is still the most liquid market for purchasing Bitcoin with actual US Dollars. Beaxy is a brand new cryptocurrency exchange that aims to compete with Binance by offering a more powerful trading engine, more elaborate order type options, low fees, and excellent customer support. ICO Hot List List does not provide investment, financial, or legal advice.
Circulating supply shows the number of coins or tokens that have been issued so far. Beaxy shares many characteristics with Binance, but is still nowhere near the daily volume of this titan and its security systems are also not as battle-tested yet. Beaxy offers a decent exchange that is likely a good fit for most people reading this review. However, there are 3 main Beaxy alternatives that differentiate themselves by being superior on certain aspects.
- First of all, the coin can be used to reduce trading fees significantly, as described in the section above.
- The proprietary scoring system analyzes how much money was required to move the price over the past 24 hours.
- Beaxy offers a decent exchange that is likely a good fit for most people reading this review.
- Check out Bitsgap, leading crypto arbitrage bot to learn the best way of doing it.
- 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.
Kucoin reports that it currently has a $400 Million average daily volume. However, that figure should be taken with a grain of salt in light of the recent wash-trading accusations that have been directed at the exchange. 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. First of all, the coin can be used to reduce trading fees significantly, as described in the section above. However, that is understandable when considering how young the exchange still is. The team at CaptainAltcoin.com only recommends products and services that we would use ourselves and that we believe will provide value to our readers.
Is OKX exchange legit?
OKX has a consumer rating of 3.93 stars from 61 reviews indicating that most customers are generally satisfied with their purchases. OKX ranks 26th among Cryptocurrency Other sites.
TradingView provides the price charts that are located in the center of the interface and provides MATIC a full range of technical indicators and various charting color options. With all that said, Beaxy does indeed follow top security practices, and offers security features that really bring the user peace of mind because they know that their assets are safe. Beaxy’s customer support also includes a massive Help Center where you can find tens of valuable articles explaining how exactly to use the exchange.
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Users are encouraged 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 they will give you an instant answer. Beaxy offers several different order types in addition to regular limit and market orders, including Limit IOC, Limit FOK, Take Profit, and more. The wallet columns include the Wallet Name, Available Balance, Reserved Balance, Locked Balance, Pending and Total Balance and the Is Default feature. The first time you deposit into a wallet, you will have to generate the wallet first.