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

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. 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. 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.

He believes creating a website is not a job, it’s a lifestyle. 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. This fee is line with the historical global industry average, which was arguably around 0.25%. 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.

About Beaxy

Beaxy is a centralized cryptocurrency exchange established in 2017 and is registered in United States. Currently, there are 6 coins and 10 trading pairs available on the exchange. Beaxy 24h volume is reported to be at $13,973.75, a change of 0% in the last 24 hours. This platform is not only available from your desktop, you can also access it via your mobile. Most traders in the crypto world today carry out their trades via desktop (around 70% or so).

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, ETH and integrate fiat deposits and withdrawals from around the globe. Artak has prior experience in leading a business and his reliability and amiable personality has laid the foundation for company culture at Beaxy.

Beaxy Trading fees

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. You can download the Beaxy app for both iPhones and Androids. 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. Since cryptocurrency is a relatively young field, there are not many lawyers with an overlapping knowledge of these two disciplines.

Marine has helped to identify experienced crypto-attorneys, who then joined the team. They are all excited to work on this developing area of business and GMT law. 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. Trading fees on Beaxy can be reduced 5-25% by enabling the Pay with BXY option.

More about Beaxy

A fixed beaxy exchange has been paid to ICO Hot List before or at the time of publishing the above content. Sponsored content is clearly marked in our articles, listings, and in our email newsletter. 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.

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. Naturally, referral programs and options to customize the trading experience are also positive. Bitcoinassociation.net needs to review the security of your connection before proceeding.

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. Beaxy 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.

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. 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.

beaxy exchange 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. A convenient, secure, all-in-one platform that helps to facilitate a world where cryptocurrencies are as accessible as fiat currencies. Beaxy’s exclusive partnership with OneMarketData gives elite trading capabilities to the digital asset space — an industry first. Beaxy boasts transaction speeds of 225,000 per second per trading pair, an order of magnitude faster than any other current digital asset exchange. Beaxy is an All-in-One exchange that is built for experienced cryptocurrency traders and those completely unfamiliar with blockchain concepts. We aim to be the leading exchange by creating an environment where traders feel comfortable to learn and grow in this exciting, yet extremely volatile environment.

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If you are new to https://www.beaxy.com/, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies. 2FA, Strong Password Policy, Captcha, AntiPhishing protection, Device management and Withdrawal Address Whitelist.

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. CoinGecko provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalisation, CoinGecko tracks community growth, open-source code development, major events and on-chain metrics.

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. Please enable JavaScript or switch to a supported browser to continue using twitter.com. US and Chinese citizens are restricted from the PLS token due to regulatory uncertainty. Get the latest news and best offers from the crypto community by joining our newsletter. At this exchange, they accept fiat currency deposits through Simplex. This means that this exchange is what we call an “entry-level exchange”.

These data are also third-party sourced it may not be be 100% accurate. We are relying on exchanges to provide transparency on the holdings/liabilities that they have. 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. 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. 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 platform also features an in-platform portfolio management and tax reporting tool.
• A convenient, secure, all-in-one platform that helps to facilitate a world where cryptocurrencies are as accessible as fiat currencies.
• 2FA, Strong Password Policy, Captcha, AntiPhishing protection, Device management and Withdrawal Address Whitelist.
• 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 addition to tracking price, volume and market capitalisation, CoinGecko tracks community growth, open-source code development, major events and on-chain metrics.