• Dom. May 28th, 2023

US regulator sues Beaxy in expanded crypto crackdown, as platform shuts down


Ago 13, 2020

% discount

After establishing the current exchange rate, you can swap BTC for the amount of ETH that it’s worth, although you will also have to pay some modest conversion fees. They are built on the top of the Ethereum blockchain and allow users to send tokens. The tokens represent specific values, and the values aren’t limited to coins.

Before you dive in, learn more about this crypto exchange by reading our complete Probit Exchange review. Get all the details you need to know about this cryptocurrency exchange by reading our full SimpleSwap review. If you want to use it for payment, it’s a good idea to consider where you can spend it and why you view it as superior to traditional currency and other cryptos.

The team members have assisted multiple conferences and are actively engaging with their users on social media. Mittal is a full stack developer that has worked for IBM software labs as a Rational Product Developer for 4 years. Crypto.com is the pioneering payment and cryptocurrency platform. Through Crypto.com, you can buy crypto at true cost and buy 55+ cryptocurrencies such as bitcoin , ethereum , Ripple and Litecoin with credit card through our mobile app.

Either way, Swapzone is the best crypto exchange aggregator to complete your swap deals. It processes the data based on the prices actual at the moment of the transaction. It is recommended to use the calculator immediately before you are planning a transaction. Customers who have further questions can check the Knowledge Base on our website. Before ou dive in, learn everything you need to know by reading our full Pionex review now.

Uphold Review: The Multi-Asset Exchange & Wallet

Now, select your country of residence and also submit a picture of your National ID, driving license or passport. Those people who are submitting a National ID or driving license, will have to take a picture of both sides of the document. Also, users based in the USA must use a valid driver’s license or state ID.

5 Lessons From 2022 That Changed Crypto Forever – CoinDesk

5 Lessons From 2022 That Changed Crypto Forever.

Posted: Fri, 30 Dec 2022 08:00:00 GMT [source]

Although Binance has had some minor crises in the past, having been hacked for 7,000 BTC at one point, its CEO has proven to handle such situations perfectly and no users have ever lost their funds. With a total of 100 trading pairs, that would equate to a maximum capacity of 22.5M tx/s. Additionally, the exchange stores funds in multiple cold wallets distributed across dozens of secret geographic locations. This makes it essentially impossible for a criminal to compromise all of the exchange’s funds. After clicking on the link in your confirmation email, the next step is to log into your Beaxy account and pass the identity verification process.

This is the best https://traderoom.info/ I’ve seen so far from any crypto related company. Considering the fact that Bitcoin and Ethereum are the two biggest cryptocurrencies in the world, it would be a good idea to consider acquiring both of them for your portfolio. And having both currencies in possession increases your chances of being able to use them for payments online and so forth. All information/data provided on our website is only for general information. No part of the website content that we provide should considered as financial advice, legal advice or any other form of advice meant for your investment.

The All-in-One Exchange You’ve Been Waiting For

They cannot use a passport for verification due to state-specific laws. Before uploading the document, you will need to select the country your document was issued in. The price of Bitcoin is $22,373.73 and BTC market dominance is %. The price of Ethereum is $1,569.00 and ETH market dominance is %.


Sell Bitcoin, Ripple, Ethereum and 40+ other cryptocurrencies and withdraw money to your debit or credit card. Instantly exchange fiat to crypto, crypto to crypto, crypto to fiat. IQMining platform combines cloud mining with daily payments and Forex margin trading, options and cryptocurrencies, giving the opportunity to multiply potential income.

Symlix.com needs to beaxy exchange review the security of your connection before proceeding. Circulating supply shows the number of coins or tokens that have been issued so far. Beaxy shares many characteristics with Binance, but is still nowhere near the daily volume of this titan and its security systems are also not as battle-tested yet. After an identification document is submitted, users will also have to record a short video of themselves to prove that they are in fact the owners of the document that they submitted. The large selection of cryptocurrencies, different order types and charts may be a bit confusing for a newcomer to the cryptocurrency space.

Why ETH selling pressure is unlikely to increase after Shanghai upgrade: CryptoQuant

Buy, sell, receive, send and exchange multiple cryptocurrencies at any time. TadTrade.com is a digital asset trading platform with the ability to trade in multiple coins with some of the lowest fees on the market. This is an Advanced Peer to Peer Cryptocurrency Exchange and Trading Platform built with PHP on Laravel Framework. Tadtrade.com – Crypto Exchange was built to grow in competition with the likes of Binance and Coinbase Crypto Exchange Platforms. With this platform users can begin exchange/trading by registering easily, and they can use the smart user dashboard to monitor their transactions.

The exchange offers 24/7 support out of their 3 offices around the world. If the token is locked for less than 1 month, PLS holders will be entitled to 15% of trading fees. On the other hand, this percentage increases by up to 25% if the token is locked for over 6 months. First of all, the coin can be used to reduce trading fees significantly, as described in the section above. Beaxy held an ICO in September 2018 raising $3 million in funding. In the ICO, BXY utility tokens were sold which give traders that hold the coin several benefits on the Beaxy exchange.


PlanB criticizes those calling the early-year rise a bull trap and remains optimistic about Bitcoin’s future growth potential. Currently, Bitcoin is at $23,593, down 2.6% from its weekly high. The NFT market is gradually regaining its stand in the market after six months of a Bearish trend.

The total NFT trading in January 2023 had increased by 38% to $987.9 million from $872.1 million previously. NFT trading volume reached $2 billion in February, with total NFT trading volume on an uptrend, increasing by 91.9%. The trading volume of NFTs reached a low of $545 million in October 2022. The next day, prosecutors in New York added a Chinese bribery charge to their fraud case against Sam Bankman-Fried, who founded the now-bankrupt crypto exchange FTX. On Monday, the Commodity Futures Trading Commission sued Binance, accusing the world’s largest crypto exchange of violating rules preventing illegal activity.

Kucoin rose to popularity in late 2017 after listing several smaller cryptocurrencies that Binance refused to add to its exchange. Charging a trading fee of 0.1% for both maker and taker trades, it’s fee structure is slightly higher than the one of Beaxy. The cryptocurrency space is exploding and exchanges are the gateway.You also feel like jumping on the bandwagon of the mystic world of cryptocurrencies and get your FIAT converted into Bitcoin or Altcoins. Just verify your ID, add a payment method, and buy cryptocurrencies. Deposit cryptocurrencies in an interest account and see how they grow.

Cronos (CRO) price up as Crypto.com announces layoffs – InvestorsObserver

Cronos (CRO) price up as Crypto.com announces layoffs.

Posted: Fri, 13 Jan 2023 08:00:00 GMT [source]

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. All content on CaptainAltcoin is provided solely for informational purposes.

Our users should not register or leave any personal information. Compare the rates and choose the best BTC to ETH exchange deal. The amount will be exchanged, and Ethers will be transferred to your wallet. In the case of coins that are not too expensive, it might not be crucial. 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.

Beaxy, a U.S.-based cryptocurrency trading platform, allows you to trade, buy, and sell popular cryptocurrencies such as bitcoin and ethereum. There are different crypto operations that you can do on the crypto exchange platforms. Therefore, you should look for an exchange with low fees to make the most of your investment in transacting cryptocurrency.

  • This allows Beaxy to provide solutions for high frequency traders and the platform is designed to scale and is already able to handle 225,000 transactions per second.
  • Both currencies are prone to large shifts in valuation, so the exchange rate may be quite different from one day to the next.
  • There are 2 types of commissions on the platform – trading commission and withdrawal commission.

Check out Bitsgap, leading crypto arbitrage bot to learn the best way of doing it. The Beaxy private sale started in June 2018, raising $3 million in funding. In total, Beaxy is selling 60% of the tokens and there is a soft cap of $4.2 million and a hard cap of $ 19 million USD. Once you completed the above steps, you will have to wait until you receive a notification that your documents have been approved, which might take up to a couple of hours. Finally, on the contrary to Binance, Beaxy currently does not have a mobile app, unfortunately.


Buy and sell popular digital currencies, keep track of them in the one place. Invest in cryptocurrency slowly over time by scheduling buys daily, weekly, or monthly. For added security, store your funds in a vault with time delayed withdrawals. Stay on top of the markets with the Coinbase app for Android or iOS. We store the vast majority of the digital assets in secure offline storage. Cryptocurrency stored on our servers is covered by our insurance policy.