Beaxy Launches the First Digital Asset Exchange to Integrate Trading Technology Behind the Worlds Largest Stock Markets

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. The percent change in trading volume for this asset compared to 1 hour ago. Beaxy’s dedicated support staff are available 24/7 to walk you through the exchange or help you troubleshoot any issues that you may experience. Contact our customer service agents that are ready to provide assistance in a timely manner.

The percent change in trading volume for this asset compared to 24 hours ago. 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. Trade Bitcoin and over 30 other cryptocurrencies on Beaxy, a U.S. exchange with a personalized approach. Please also note that data relating to the above-mentioned cryptocurrency presented here are based on third party sources.

Maker fees range from 1 to 15 basis points and taker fees from 8 basis points to 25 basis points. Trading fees on Beaxy can be reduced 5-25% by enabling the Pay with BXY option. 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. This platform is not only available from your desktop, you can also access it via your mobile.

The exchange was previously registered in Saint Kitts and Nevis, but it is now owned by Windy Inc. and Beaxy’s headquarters today are in Chicago, Illinois. Beaxy Exchange offers a safe, compliant, and reliable trading platform. Funds held on our platform are secured by Curv Institutional Custody and USD deposits are backed by FDIC insurance up to $250,000.

Beaxy Digital LTD, a full-service cryptocurrency trading platform, officially launches today, following a thorough development period of 24 months. With more than 60,000 pre-registered users, Beaxy is currently live to customers in 43 U.S. states and 185 countries. U.S. based alternative asset custodian KingdomTrust has partnered with Beaxy to provide enhanced security and custodianship of assets while SaaS company Mati is onboarded to provide robust KYC and AML services.

Cryptos

Naturally, referral programs and options to customize the trading experience are also positive. Beaxy was founded in October 2017, shortly after software engineers ArtakHamazaspyan and Mittal Patel recognized a need for a holistic, professional, licensed and secure cryptocurrency exchange. Their efforts have helped bridge the gap between cryptocurrency enthusiasts and part-time speculators, to retail and institutional investors. Beaxy has scaled its operations across the last 12 months, onboarding more than 25 full-time employees, including a development team based in Armenia. Fresh off of an eight million dollar fundraise, Beaxy intends to use these funds to expand operations in the U.S, expand into Europe, and integrate fiat deposits and withdrawals from around the globe.

OneMarketData is a leading provider of software and data for the financial industry. Our flagship product, OneTick is a comprehensive suite for time-series data management and real-time analytical event processing. Proprietary traders, hedge funds and investment banks can leverage the built-in capabilities of OneTick for quantitative research, transaction cost analysis, surveillance and back-testing. Beaxy’s exclusive partnership with OneMarketData gives elite trading capabilities to the digital asset space — an industry first.

Other Centralized Exchanges

Circulating supply shows the number of coins or tokens that have been issued so far. Market cap is calculated by multiplying the asset”s circulating supply with its current price. 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.

Beaxy boasts transaction speeds of 225,000 per second per trading pair, an order of magnitude faster than any other current digital asset exchange. In addition to tracking price, volume and market capitalisation, CoinGecko tracks community growth, open-source code development, major events and on-chain metrics. Below are a few of the advantages the exchange itself promotes on its website. Among these, security, performance, low trading fees and 24/7 support are the ones we deem most important.

More about Beaxy

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.

Money Services Business registered with FinCEN that services customers in 42 U.S. states, in addition to serving an active global customer base in many international markets. Move in and out of major cryptocurrencies xcritical and take advantage of global price discrepancies with USD, EUR, GBP, JPY, CAD, and AUD. Volume 24h is referring to the total amount of a cryptocurrency traded in the previous 24 hours.

DeFi is short for “decentralized finance,” an umbrella term for Ethereum and blockchain applications geared toward disrupting financial intermediaries. To check Beaxy’s price live in the fiat currency of your choice, you can use Crypto.com’s converter feature in the top-right corner of this page. If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices.

Beaxy Historical Data

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. You should conduct your own research, review, analyze and verify our content before relying on it. Trading is a highly risky activity that can lead to major losses; please, therefore, consult your financial advisor before making decisions. ironfx Exchange offers prebuilt TA, signals, for cryptocurrencies listed on their platform. 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.

Today, however, the industry average is 0.213% for takers and 0.16% for makers, so Beaxy is a bit above average when it comes to taker fees. On the date of last updating this review the 24-hour trading volume was as low as USD 1,612 vis-a-vis USD 19,676 on 18 September 2021, according to Coinmarketcap.com. We hope for Beaxy’s sake that this trading volume improves substantially. Otherwise, it will be difficult for Beaxy to attract new trading users to its platform. The fully diluted market value is referring to a cryptocurrency’s market cap when/if its total supply is issued.

About Beaxy

Most traders in the crypto world today carry out their trades via desktop (around 70% or so). However, there are naturally people out there that want to do it from their smart phone as well. If you’re one of those people, then this platform can still be for you. In addition to a record number of order types, the Beaxy platform will launch with advanced features such as TradingView charting within the exchange UI, profit/loss calculator, and the ability to manage multiple wallets per currency. The platform also features an in-platform portfolio management and tax reporting tool. 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. You will receive an email with instructions for how to confirm your email address in a few minutes. You will receive an email with instructions on how to reset your password in a few minutes. When the price hits the target price, an alert will be sent to you via browser notification. To receive alerts, please allow web browser notification permission. Get the latest news and best offers from the crypto community by joining our newsletter.

Available supply or circulating supply is the best approximation of coins or tokens in circulation and publicly available. The total supply of a cryptocurrency is referring to the total amount of coins in circulation or locked minus the removed ones. The percent change in trading volume for this asset compared to 7 days ago.

BXY = 0 001275 USD

At this exchange, they accept fiat currency deposits through Simplex. This means that this exchange is what we call an “entry-level exchange”. Wallets The best places to hold your crypto; forex4you 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.

Buy, sell, or trade more major fiat options and dozens of cryptocurrencies on a registered U.S. exchange. The market capitalization of a cryptocurrency is its current price multiplied by its circulating supply . 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. This fee is line with the historical global industry average, which was arguably around 0.25%.