Beaxy trade volume and market listings

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. The exchange offers 24/7 support out of their 3 offices around the world. Beaxy offers several different order types in addition to regular limit and market orders.

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• The percentage of Binance customers who increased or decreased their net position in BTC over the past 24 hours through trading.
• Please also note that data relating to the above-mentioned cryptocurrency presented here are based on third party sources.
• We strive to keep the list as up to date as possible, so we review it at least once a week.

With a total of 100 trading pairs, that would equate to a maximum capacity of 22.5M tx/s. With all that said, while Beaxy does indeed follow top security practices, it will still remain to be seen how the exchange reacts in an emergency situation. Additionally, the exchange stores funds in multiple cold wallets distributed across dozens of secret geographic locations. This makes it essentially impossible for a criminal to compromise all of the exchange’s funds. Aside from all the standard security best practices like two-factor authentication, multiple servers, and powerful encryption, the exchange is also pioneering a security practice known as “IP whitelisting”. Although Beaxy is clearly putting a lot of effort into making its exchange easy to use, there is a major difference to very basic exchanges like Coinbase.

Role of BXY coin

Change the wallet network in the MetaMask Application to add this contract.

However, that is understandable when considering how young the exchange still is. Beaxy token will be used to pay fees, trade, earn a commission on each transaction within the platform and take advantage of the referral program. Mittal is a full stack developer with over 10 years of experience with technologies like Core Java, J2EE, AngularJS, JavaScript, Hibernet, and RESTful Web Services. She has worked for IBM software labs as a Rational Product Developer for 4 years and specializes in developing low latency enterprise applications with extensive experience in Agile methodologies.

In 2015, Mittal found herself enamored with cryptocurrency and has since become an Ethereum Smart Contract Developer and an active trader. Her involvement as a trader gives the team additional perspective on the challenges all traders face, and she has used this knowledge as a foundation for Beaxy’s vision. If you would like to know where to buy Beaxy at the current rate, the top cryptocurrency exchange for trading in Beaxy stock is currently Beaxy. Tables are added to display the campaign, base, and quote balance in more detail. Balance distribution has also been improved on the user’s selected token. We added two new parameters max_spread and max_order_age to Liquidity Mining strategy to give users a more functionality when using the strategy.

Beaxy Exchange Rates on Trading Markets

Trading fees on Beaxy can be reduced 5-25% by enabling the Pay with BXY option. The percent change in trading volume for this asset compared to 7 days ago. The percent change in trading volume for this ADA asset compared to 1 hour ago. 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. 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.

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. 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. Beaxy is one of the few cryptocurrency exchanges that have their own cryptocurrency, the BXY token. The following list includes the tokens and coins supported by Beaxy for the time being.

• Some of these order types include Limit IOC, Limit FOK, Take Profit, and more.
• 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.
• To deposit funds on Beaxy, click on the “My Wallets” at the top of your screen and select the currency you want to deposit.

Once you are on the https://www.beaxy.com/ verification page, the first thing you will have to do is select your country of residence and also submit a picture of your National ID, driving license or passport. After clicking on the link in your confirmation email, the next step is to log into your Beaxy account and pass the identity verification process. The first step to start trading on the Beaxy Exchange is to head over over to the registration page and create an account. To do so, you will have to type in your full name, email, password, and date of birth.

Why are you interested in Beaxy?

They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. 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 BTC 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.

We are relying on exchanges to provide transparency on the holdings/liabilities that they have. The total dollar value of all transactions for this asset over the past 24 hours. The percentage of Binance customers who increased or decreased their net position in BTC over the past 24 hours through trading.

No part of the content we provide constitutes financial advice on coin prices, legal advice, or any other form of advice meant for you to rely on for any purpose. Any use or reliance on our content is solely at your own risk and discretion. Marine holds a Master’s Degree in International & Transnational Law from Chicago-Kent College of Law, Illinois Institute of Technology. As an experienced lawyer and a researcher at Kent University, she is skilled at networking and negotiations and finds significant interest in both cryptocurrency and blockchain technology.

What is the exchange rate of Beaxy(bxy)?

Beaxy aims to create the ultimate all-in-one cryptocurrency exchange, with more tools at your disposal than ever before, and a user experience that is unmatched. Launched on 10 June 2019, Beaxy Exchange is a centralized exchange headquartered at The Board of Trade in Chicago, Illinois. The exchange supports 6 fiat pairs, a two-way fiat ramp, credit and debit card purchases, 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 technical analysis trading signals for cryptocurrencies listed on their platform. Members of their team have reportedly built trading desks in Chicago, IL. Their API features REST and WebSocket as well as FIX, view the documentation here.

Perpetual protocol is a decentralized protocol to trade perpetual contracts for every asset powered by a Virtual Automated Market Maker . The project aims to create novel financial instruments by democratizing Futures and other crypto-asset derivatives. Beaxy is compatible with pure market making, cross-exchange market-making, arbitrage, amm arbitrage, and spot perpetual arbitrage. ProBit is compatible with pure market making, cross-exchange market-making, arbitrage, amm arbitrage, and spot perpetual arbitrage. Needs to review the security of your connection before proceeding.

ProBit Exchange reportedly has an order matching speed of over 1.5 million orders per second and a customizable user interface. In addition, ProBit Exchange claims to provide users with the option of a hardware security key in addition to 2 Factor Authentication. 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. Beaxy is an All-in-One exchange that is built for experienced cryptocurrency traders and those completely unfamiliar with blockchain concepts.

The Beaxy price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies. Beaxy uses a tiered fee structure that is based on the average daily volume of the account holder as well as the amount of BXY that they hold on Beaxy. Maker fees range from 1 to 15 basis points and taker fees from 8 basis points to 25 basis points.

The beaxy coin 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. At the end of the review, we also outline some Beaxy alternatives in case you want to consider other exchanges as well. Any use of the content requires prior approval from the site owners. If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies. Please also note that data relating to the above-mentioned cryptocurrency presented here are based on third party sources.

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. The large selection of cryptocurrencies, different order types and charts may be a bit confusing for a newcomer to the cryptocurrency space. 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.

Some of these order types include Limit IOC, Limit FOK, Take Profit, and more. For ERC-20 tokens and other coins it usually takes less than 5 minutes. After generating your address, all you have to do next is to deposit your coins on that address and wait until the transaction is confirmed by the network. Once you successfully completed the above steps, you will have to wait until you receive a notification that your documents have been approved.

At the beaxy coin of writing, Beaxy Exchange has 22 coins listed with a BTC pair and 3 coins listed with a USDC pair. Some of the listed coins include BXY (Beaxy’s native coin), BTC, ETH, EOS, XRP, LTC, BCH, and XRP. 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.

As technology changes, so does the product roadmap, and he is up for the challenge in keeping the team ahead of the curve. This, combined with his involvement in the community, put him in a unique position to understand the challenges and obstacles that competing exchanges are faced with. The encounters with other exchanges had left him frustrated, which ended up being the motivation to create Beaxy.