Beaxy Price

beaxy coin
Originally, 1bn BXY were planned to be created, with 600mn available for the token sale and 400mn for the team, advisors and development. However, following the token sale, these figures were cut in half, with the maximum supply now 500mn BXY, with 160mn BXY currently in circulation. Beaxy was conceptualised late in 2017, though its token sale was not announced until Q1 2018, with its initial private token sale for BXY launching in June 2018. This was followed by other beaxy coin private sale rounds, and a final public sale round in February 2019 to accredited investors. In total, by May 2019, around $8mn had been raised, with BXY offered as a utility token in exchange. Investment Analysis Hhistorical performance and stats for all cryptocurrencies.GitHub Analysis Development activity for over 950 open source cryptocurrencies. At we predict future values with technical analysis for wide selection of digital coins like Beaxy.
Once you have been notified that your KYC documents were approved, it’s time to deposit the funds Btc to USD Bonus that you want to trade with. At the time of writing, Beaxy has a daily volume of just $8M.
In addition to tracking price, volume and market capitalization, CoinGecko tracks community growth, open-source code development, major events and on-chain metrics. 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. The top exchange for trading in Beaxy is currently Beaxy. You can find others listed on our crypto exchanges page. Our primary goal is to help our users build their financial future. Signals are an exclusive feature that is only available to traders on Beaxy.
By providing you with professional-grade technical analysis that is overlaid onto your chart, Beaxy gives you the tools to save time and make more informed decisions. Check out the latest Signals for BTC-USD and see what patterns the sophisticated AI found beaxy coin and where the price should go if the set up plays out accordingly. If you cannot meet the trading fee requirement before the six-month deadline, only the bonus funds received as well as profits generated while enrolled in the program will be forfeited.
beaxy coin

Will Beaxy Hit 1 Usd In A Year?

Regarding the core team, Artak Hamazaspyan, Mittal Patel, Narine Khachatryan and Marine Ghandilyan are the 4 co-founders, with experience in law, operations, marketing and development. The remaining team have experience in design, information systems, PR, customer support, engineering, marketing, data and software. However, the commitment is commendable, although beaxy coin clearly the community on Facebook is not as engaged as it perhaps could be. Relative to global benchmarks, this is 133% greater than the average across all industries. Thus, annual inflation is 0%; a speculator’s dream. As for sell-side liquidity, I found that 5.967mn BXY was available for purchase in the orderbooks, equating to 3.73% of the circulating supply.
In order to withdraw funds from Beaxy, all users must complete an identity verification process first. Additionally, the exchange stores funds in multiple cold wallets distributed across dozens of secret geographic locations.

  • The current CoinMarketCap ranking is #1202, with a market cap of $1,435,825 USD.
  • Regarding the native exchange token, there will be two available.
  • The other token – PLS – is not tradeable but can be locked on the exchange to receive trading fees as rewards.
  • The BXY token can be used to pay for fees, be staked for further fee discounts and be used to purchase additional sophisticated exchange features and apps in the future.
  • It has a circulating supply of 282,316,707 BXY coins and the max.
  • BXY is distributed via a token sale, offering traders a 50% discount on fees and voting rights.

The goal is to help you decide if Beaxy Exchange is the right fit for you, or if you should look for a different cryptocurrency exchange. To receive your deposit bonus – log in or sign up, navigate to the deposit page and be sure to click Participate to opt-in to the program. Once your deposit gets to your account, sit tight and watch as your bonus funds will be applied within 24 hours. I consent to receive emails and have fully read and agreed to the privacy policy. I hope this report has proved insightful and that you’ve enjoyed the read! Please do feel free to leave any questions in the Comments, and I’ll answer them as best I can.

Good Investment? Current Price Today: 0 005086 Usd (+0.0834%)

I generally like to see a figure below -0.05 if I suspect accumulation is underway, at least against USD. If you have decided to buy Oasis Network , but don’t have much experience with the exchanges that list it, don’t worry – here’s an easy to follow guide for purchasing ROSE on the Binance exchange. If you have decided to buy The Graph , but don’t have much experience with the exchanges that list it, don’t worry – here’s an easy to follow guide for purchasing GRT on the Kraken exchange. If you have decided to buy Aragon , but don’t have much experience with the exchanges that list it, don’t worry – here’s an easy to follow guide for purchasing ANT on the Kraken exchange.
Security is also a priority for this company, as it uses automated IP whitelisting, encryption technology and means to secure the confidentiality and the integrity of the network. Also, the platform has a high performance and the transactions are very fast. Binance is secure wallet that hosts crypto to crypto trade More than 100 different cryptocurrencies available. On Wednesday, December 30, Binance US became the latest cryptocurrency exchange to announce that United States customers will not be able to buy or sell XRP effective January 13th, 2021. Kucoin reports that it currently has a $400 Million average daily volume. However, that figure should be taken with a grain of salt in light of the recent wash-trading accusations that have been directed at the exchange. The most basic identity verification level enables users to withdraw up to 30 BTC worth of cryptocurrency per day.
Binance allows you easy fiat to crypto purchase & Sell pay with lowest trading fees. On the contrary to Beaxy, Bitfinex also offers margin trading and fiat currency pairs for several major cryptocurrencies, like ETH, LTC, and XRP.
Tax-ready trade reports will be available in a future update. Unlike with most reports, in this report I am looking at an exchange rather than the informational website pertaining to any given project. Thus, my evaluation will naturally not follow prior templates.
However, that is understandable when considering how young the exchange still is. The team operating the exchange has proven to be very transparent. Beaxy’s CEO Artak Hamazaspyan, and CTO Mittal Patel, have both assisted multiple conferences and are actively engaging with their users on social media. At the end of the review, we also outline some Beaxy alternatives in case you want to consider other exchanges as well. Get the latest crypto news, updates, and reports by subscribing to our free newsletter. CoinGecko may be compensated when you sign up and trade on these affiliate platforms.


This makes it essentially impossible for a criminal to compromise all of the exchange’s funds. Although Beaxy is clearly putting a lot of effort into making its exchange easy to use, there is a major difference to very basic exchanges like Coinbase. The exchange offers 24/7 support out of their 3 offices around the world. After your transaction got confirmed by the network and Beaxy displays the funds in your wallet, you can now do your first trade.
This is not what I like to see as a speculator, as it does not suggest that the token is being bought up at current prices by larger holders. Further, I found that the top 10 richest addresses control 9.37% of the supply; the top 20 control 13.06%; and the top 100 control 17.13%. However, this is excluding the 1st-and-2nd-richest Btcoin TOPS 34000$ addresses, which between them control 82.57% of the supply, with 340mn BXY in the top address and ~73mn BXY in the exchange address. Using the rich-list, I found that there are currently only 324 holders of BXY; given that there are 22,000+ KYC-verified users of the exchange, this is very disappointing.

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beaxy coin
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. Beaxy offers a decent exchange that is likely a good fit for most people reading this review. However, there are 3 main Beaxy alternatives that differentiate themselves by being superior on certain aspects.
beaxy coin
Using the past 30 days of data, I calculated that Beaxy was experiencing an average of 17.4 daily on-chain transactions, amounting to $103,310 of Average Daily Transactional Value at current prices. This would give BXY a 30-day NVT of 80.77, which is only marginally higher than that of Bitcoin. Of course, Bitcoin’s network is infinitely larger than Beaxy’s, but this is a good indicator of on-chain Binance blocks Users usage of the BXY token. Below are listed a number of important metrics, all of which are accurate as of 31st July 2019. For anyone reading this who has yet to read a Coin Report, it might be worth reading this section of the first report, where any potentially unfamiliar terms are explained. For any terms or metrics specific to this post, I will provide explanations besides the figures.

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