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Securely store your assets in bulletproof protected custody wallets. Join the Beaxy Updates Telegram channel to stay up-to-date on current offers and promotions, a curated set of the top news in crypto, plus updates on all things Beaxy. Additional trading pairs that will become available on Beaxy Exchange include BTC-GBP, EUR-GBP, BTC-JPY, ETH-JPY, BTC-CAD, ETH-CAD, BTC-AUD, ETH-AUD. All content on CaptainAltcoin is provided solely for informational purposes.
Better Crypto Trading
Curv is a third-party custody provider that replaces traditional private key management with multi-party computation (MPC) protocols. The MPC is a distributed security model that allows transactions to be signed by multiple parties to eliminate any single point of attack. To cover the funds you hold in fiat currency, FDIC insurance is provided by https://investmentsanalysis.info/’s U.S. Trust partner, Prime Trust. The fiat currency holdings in each Beaxy Exchange account are insured up to $250,000. Everything around us is going digital as daily life moves onto the internet. Cryptocurrencies are simply the next step in the digitization of our world, so you can think of a cryptocurrency exchange as a place to move your money from analog to digital, from paper to bits.
- Download the Beaxy Exchange mobile application for iOS and Android devices for cryptocurrency trading on-the-go.
- Bitcoin remains the global cryptocurrency market leader by price and total market value.
- A full view of market depth, order book, and order flow is readily available as well as a sentiment meter that will inform you of the rough sentiment among buyers and sellers.
- Once you click on an asset with a live Signal, the chart for that asset will appear along with a blue box that shows every strategy available for the asset.
- I was new to cryptocurrency trading and the user experience at Beaxy made it super easy to learn.
- With these crypto signals you don’t have to look for setups on your own, everything is done by the computer.
How to Buy and Sell Crypto
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. Personal information is collected in order to provide services, and due to it being mandated by law, such as in the case of Anti Money Laundering (AML) and Know Your Customer legislations. The KYC verification process is conducted via Mati who store encrypted user data in AWS servers in the USA. It’s worth noting that users from the USA are currently not eligible to access the Loyalty Rewards program or obtain the PLS token in any way.
Beaxy Fees
To deposit funds on Beaxy, click on the “My wallets” tab at the top right of the screen, and select your preferred currency. After that, click on the + icon next to it, which will expand the list of wallets you have for this currency. In addition, Beaxy has a smaller number of supported cryptocurrencies than leading exchanges such as Binance and Huobi. However, the team are planning to roll out a number of additional features that will help to establish the exchange as a viable alternative to current industry leaders.
Beaxy Supported Currencies and Fees
The platform provides 24/7 support to their users with live chat and an AI bot, which is especially valuable when a critical issue arises. There are also further resources aimed at newer traders such as the FAQ section and Knowledge Base, and the team is active on social media. It can be contacted across their different channels, including their Telegram group, Discord server, and Twitter account.
Beaxy Alternatives
The trading interface is customizable and can be moved around as you like. I was new to cryptocurrency trading and the user experience at Beaxy made it super easy to learn. The whole process took less than five minutes and the customer service guy was insanely helpful – he even offered to give me one-on-one training on how to use the platform.
By design, the underlying network is censorship-resistant, permissionless and peer-to-peer with a scarce and programmable native currency (BTC). Bitcoin remains the global cryptocurrency market leader by price and total market value. If you are looking for new technology to improve your results you will be pleased to hear that Beaxy offers to trade with Hummingbot. This platform lets all traders automate their trades on the exchange and use market-making strategies and other advanced strategies through the easy-to-use interface. After your transfers have been confirmed by the network and Beaxy displays your wallet’s funds, you are free to trade on the exchange.
Nine days later, the first transaction with bitcoin was completed when Satoshi Nakamoto sent bitcoin to Hal Finney, the creator of the world’s first RPoW (reusable proof-of-work system). The first known instance of bitcoin being used to pay for a good or service happened more than a year later on May 22nd, 2010 when Laszlo Hanyecz paid 10,000 BTC (worth approximately $41 at the time) for two large pizzas. Ten months after the famous pizza transaction, bitcoin’s usage as a medium of exchange began to skyrocket as it was adopted by dark web users who wished to shield their identity while making purchases on the dark web.
The Beaxy team place security at the forefront of their priorities and the security protocols within the exchange are extremely effective and leave your account protected in many ways. The exchange uses two-factor authentication (2FA) and is compatible with both Google and Authy Authenticators. It’s also important to note that Beaxy will have an exclusive partnership with OneTick, its flagship software, a comprehensive suite for time-series data management, real-time event processing, and analytics.
It is well suited for both beginners and experienced traders as the platform is well made and there is not much clutter to be confused by. Traders who enjoy good custody of tokens, algorithmic trading, crypto welcome bonuses, AI technology, and crypto trading signals will definitely enjoy Beaxy. Although cryptocurrencies make the transfer and storage of money much simpler, the world enabled by blockchain does not end there. The next exciting economic innovation in this space surrounds the topic of cryptocurrency contracts. Cryptocurrencies that live on the Ethereum network, for example, can allow for self-executing, decentralized contracts which can be programmed to require multiple third-party approvals such as notaries, lawyers, and engineers.
As long as you are in a valid jurisdiction, you can move funds between cryptocurrency and USD, GBP, EUR, JPY, AUD, and CAD. With so few exchanges offering the same level of access to the global fiat markets with cryptocurrency, mispricings often occur that can be taken advantage of by having access to multiple fiat currencies on one exchange. Visit Beaxy’s FAQ page for more information on making deposits and withdrawals through U.S. domestic and international wire transfers. Beaxy is a new cryptocurrency exchange that aims to get ahead of its competition by making improvements across the board, and equipping crypto traders with a completely modernized approach to buying and selling digital assets. Beaxy gives you access to exclusive trading tools and a mobile trading experience that is unmatched across the industry. While using the Beaxy platform in a web browser, Signals are provided to you for free based on market data that is compiled and used to generate charts with professional-grade technical analysis that has a 70% win rate when backtested.
One more thing worth noting is that Beaxy is in the final stage of discussions with Optiv, a cybersecurity giant. They are planning to provide penetration, cloud infrastructure, white box, black box, and many more tests to insure Beaxy’s security. You can use the “Take pictures with Smartphone” feature, and both a Driving License and National ID must have both sides uploaded. Smartphone users can click the link at the bottom of the panel to get further instructions via email on how to proceed.