Beaxy com Ratings & Customer Reviews Jan ’25

Beaxy com Ratings & Customer Reviews Jan ’25

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. The editorial team of Trading Browser is required to use first-hand sources to collect and share information regarding the businesses we promote.

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. You have the option to activate free crypto trading signals that will automatically give you a signal every hour or so based on preset criteria. These price predictions have a 63% win rate and are pre-built technically with data-driven pattern recognition. With these crypto signals you don’t have to look for setups on your own, everything is done by the computer. This platform is not only available from your desktop, you can also access it via your mobile.

Helene is a recent graduate of New York University’s business and economic reporting program and has appeared on CBS News, YahooFinance and Nasdaq TradeTalks. Another great thing about Beaxy is the fact that they support 6 major fiat currencies for both deposit and withdrawal. This is a huge relief for many traders as many are forced to use other platforms just to get their coins converted in and out of the blockchain.

Crypto Exchange Shuts Down Amid SEC Charges

Crypto trading platform Beaxy has officially closed its doors as the U.S. Securities and Exchange Commission charged the company and its founder, Artak Hamazaspyan. With operating an unregistered exchange and brokerage, the agency said Wednesday in a statement. At Trading Browser we aim to protect the end-user by delivering content that is fully transparent and aimed at user experience, trust, and security above all else.

Why use Beaxy

Beaxy employs institutional accounts for those who want to register as a business. There are severe perks of activating an institutional account such as a personal representative, advanced APIs, as well as very high withdrawal limits of up to 100 BTC per day. 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. One-click is available for all crypto scalpers out there who are looking to trade order flow. He’s won several national honors in his reporting career, including from his time as a war correspondent in Iraq and as a police reporter for newspapers.

• Most notably, cryptocurrency giant FTX collapsed last year and its founder Sam Bankman-Fried was charged with fraud.
• Beaxy is a relatively new cryptocurrency exchange and we see strong security features with an active insurance fund of up to $250,000 due to the registration as a Money Service Business.
• Otherwise, it will be difficult for Beaxy to attract new trading users to its platform.
• This platform is not only available from your desktop, you can also access it via your mobile.
• The SEC continues to focus on determining whether digital assets are securities.

Among these sources, you will find LinkedIn profiles, Trustpilot reviews, Crunchbase, Sitejabber ratings, whitepapers, government reports, and other reputable sources. Below is a shared list of the article sources used for this review. Yes, this exchange allows US citizens to buy, sell, and trade both bitcoin and other cryptocurrencies. Please check the website for more information as they update they are working on adding more US states all the time. Another useful tool is the daily winners on the home page where you can easily scan the daily winners of all coins available. This is a great tool for crypto day traders to track daily volatility.

Security

Guidehouse is a global consultancy providing advisory, digital, and managed services to the commercial and public sectors. Purpose-built to serve the national security, financial services, healthcare, energy, and infrastructure industries, we collaborate with leaders to outwit complexity and achieve transformational changes that meaningfully shape the future. The SEC alleges Beaxy founder Artak Hamazaspyan illegally raised $8 million in an unregistered offering of its Beaxy token. Second, click “withdraw crypto” or “withdraw fiat” in the left menu depending on your preferred withdrawal currency.

Beaxy has a very good platform with all tools that you could ask for. New traders will be able to trade as the platform is very easy to use and more experienced traders will be able to take advantage of more complex order selections. The chart is made by Tradingview which guarantees top-tier charting all the time. The trading interface is customizable and can be moved around as https://traderoom.info/beaxy-cryptocurrency-exchange-review/ you like.

Naturally, referral programs and options to customize the trading experience are also positive. Beaxy will match your first deposit with a $500 cryptocurrency welcome deposit bonus. This means that when you make the first deposit you will double your capital immediately and all of it is yours to trade with. This is one of the most generous crypto deposit bonuses I’ve seen and it’s a good way for traders to get to know the platform. Beaxy offers fiat deposits with Visa, Mastercard, and Bank Transfers. The minimum fiat deposit is $50 and there is no minimum or maximum limit on cryptocurrency withdrawals.

About the special features on Beaxy

So the agency is also accusing them of violating securities law by operating an unregistered exchange, broker and clearing agency, though the platform was described as defunct in another SEC case last year. Securities and Exchange Commission (SEC) charged the online  crypto asset trading platform, Beaxy Exchange, and its executives, with failing to register as a national securities exchange, broker, and clearing agency1. The SEC also charged several market-makers that operated on the Beaxy platform as unregistered dealers. The founder of Beaxy Exchange was charged with raising $8 million in an unregistered offering of the Beaxy token (BXY) and misappropriation of those funds. This digital asset platform is packed with features that traders love. You have the option to trade crypto on Metatrader 5, you will have your deposit 100% matched up to $500, several fiat currencies are supported for both deposit and withdrawal, algorithmic trading is an option, and AI technology is pretty cool.

Windy and its current managers agreed to pay $79,200 in civil penalties but did not admit to or deny the SEC’s allegations, the agency said, but the SEC is still litigating securities fraud charges filed against Hamazaspyan.