Forex Broker Reviews

Beaxy Overview

If you happen to be in search of a crypto exchange equipped with top-notch tools and technology, then Beaxy cryptocurrency exchange is one of the ideal options. This one-stop shop kind of platform for all your altcoin needs, be it to buy or sell cryptocurrencies, aims to render a revolutionary service far from the conventionalities of cryptocurrency trading. 

Beaxy Digital Ltd., the operator of the brand, takes pride in Beaxy’s core functionalities. On top of providing a crypto and fiat-supported platform, it managed to take the competition into another level by increasing its usability through top-tier security, optimum customer assistance, and reasonable payments. As a result, a platform that enables a comprehensive and smooth trading service for all kinds of traders was developed. 

Background

The company is currently located in St. Kitts & Nevis in the Caribbean Islands. Before giving public access to its financial services, it first conducted an Initial Coin Offering back in 2018. This had led to an earning worth $3 million. After it finally debuted in the market in 2018, it immediately gained popularity mainly because of one encompassing aspect- the integration of the industry’s leading tools and technology. By providing optimum transaction speed, advanced order structure, tight level of security, exciting bonuses and promotions, and 24/7 customer assistance, it sure is considered as one of the market makers of the financial landscape. 

Flagship Features 

Usability

Clients are provided with a flexible platform as it is available in both web and mobile versions. While conventional platforms appear to be daunting, Beaxy is rooted in ease of use. This means that clients get to enjoy cryptocurrency trading through a light and intuitive user interface. Apart from its simple and comprehensive design, the system is highly customizable. Speed, visibility, and favorite pairings may be modified and arranged accordingly. More so, the provision of a feature called TradingView came advantageous as it is loaded with necessary technical indicators and charting instruments. 

Technology 

The most common problem with platforms is their tendency to malfunction when they cannot withstand large amount of trading transactions. In Beaxy, it is not the case since it is wired with increased level of throughput and minimal latency database. This kind of technology allows the processing of large volumes of trades per second, with transactions taking up just 1ms to complete. As Beaxy is designed to resist sharp demand spike, it remains advantageous for traders who engage in long-term scaling, automated scaling, and resource balancing. What makes it more impressive is its partnership with OneMarketData, allowing clients to access external add-ons such as research, technical analysis, and back-testing. 

Security 

Another commendable feature of Beaxy is its security. All transactions starting from registration up to deposit are highly secured. It makes use of the common Two-Factor Authentication login that provides an additional layer of account security. Its unique withdrawal addresses and availability of IP whitelisting also add to reasons why Beaxy remains one of the most secured in the market. More so, the operators pledged to secure all confidential information of its clients. 

Customer Support 

It is agreeable that Beaxy is a trader-friendly exchange since it provides 24/7 assistance. Its live chat feature operated by industry professionals and financial experts stand as an excellent feature. As this is a global platform, its live chat enables multi-language options. This allows its global clients to comprehensively get answers without a language barrier. The platform also provides a ticket feature for immediate queries and an FAQ section for basic questions. More so, the support team may be accessed through multiple communication channels such as Telegram, Discord, and Twitter.

Registration

If you find Beaxy’s features favorable, then opening an account would be a sound decision. To start with the registration process, you need to visit its official website https://beaxy.com/  The process could be administered with ease as the registration tab only requires you to provide information such as your name, address, and telephone number. Once the initial process is complete, you will then be redirected to a tab for verification. This step requires clients to provide pertinent documents and after successful confirmation, clients may already deposit funds and start trading with an entry-level account.  

For clients without any trading experience, Beaxy offers a comprehensive guide on how to trade. In the event that clients are undecided about what cryptocurrencies to trade, they may visit Beaxy’s website for a complete list of available virtual coins, each comes with specifications and conditions.

Staking 

It is impressive to see that Beaxy offers staking. This gives avenue to traders who still use the traditional method of cryptocurrency trading. However, clients who hold standard accounts cannot access this feature. As Beaxy’s accounts work in a tiered structure, only upgraded accounts are wired with such feature, these are the Silver, Gold, Platinum, and Diamond accounts. It is also necessary to note that these levels are dependent on how much clients want to stake. See below to see the specifications of each account. 

Conclusion

Despite being established just recently, Beaxy already gained popularity by offering services far more optimum than the industry standards. The incorporation of leading technologies and instruments made it the best option. Apart from the advantages that its platform carries, it also appeals to traders by having generous promotions and bonuses. This enhances user engagement, while ensuring that clients get the most exciting offer for a competitive rate. More so, the company is in constant pursuit for innovation, with the company’s promise of providing more excellent functions in the future. Taking all of these into consideration, Beaxy is inarguably a good platform to start trading with.