Beaxy Review 2021: Security, Fees & Special Features

The web’s most detailed Beaxy review: This regulated US digital asset trading platform is a newcomer and is looking very promising as it tries to bridge the gap between legacy finance and the new era of digital asset finance. After seeing top-tier tools, Metatrader5 for crypto, and a generous deposit bonus our expert was sent to make a full review of Beaxy to find out exactly how good this platform really is. Keep reading to learn everything you need to know.

4.18/5
Excellent
Regulated by
FinCEN
United States flag
Beaxy
Founded May 2017
Owner Windy Inc
Type Cryptocurrency Exchange
Fees 0.25%
account minimum 50$
Best for All Traders

Why Beaxy

In this section of our Beaxy review we highlight 6 special features that deserves extra attention.

Create signals to get alerted when specific price levels are broken or when there is sudden volume spike surge.
Trading Signals
Create signals to get alerted when specific price levels are broken or when there is sudden volume spike surge.
Match your deposit with a bonus and trade with more capital. Great way to start off with a small account.
Deposit Bonus
Match your deposit with a bonus and trade with more capital. Great way to start off with a small account.
Also called black-box or automated trading. Let your computer trade for you while you create new strategies.
Algorithmic Trading
Also called black-box or automated trading. Let your computer trade for you while you create new strategies.
Keep track of which market is winning and which one is losing today. A good way for day traders to find volatility.
Daily Gainers & Losers
Keep track of which market is winning and which one is losing today. A good way for day traders to find volatility.
Make money by providing liquidity to the order book. Market Makers profit from the bid-ask spread difference.
Market Making
Make money by providing liquidity to the order book. Market Makers profit from the bid-ask spread difference.
When trading with a casback system you earn real cash when your trades are executed in the market.
Cashback
When trading with a casback system you earn real cash when your trades are executed in the market.

About Beaxy

Beaxy is a U.S. crypto exchange that is focusing on making finance more digital and has created a very innovative trading platform which is run by the company Windy inc at the registered address of E Jackson Blvd, Chicago, Illinois 60604, US.

This next-generation digital asset exchange is employing at least over 50 persons which makes this is a very real operation in terms of the company size and the focus right now is to be able to serve traders in all of the US states. It is registered in the US as a Money Services Business by Financial Crimes Enforcement Network (FinCEN).

Why use Beaxy

Beaxy is made for all traders really. It is well suited for both beginners and experienced traders as the platform is well made and there is not much clutter to be confused by. Traders who enjoy good custody of tokens, algorithmic trading, crypto welcome bonuses, AI technology, and crypto trading signals will definitely enjoy Beaxy. An ultra-modern training app is also an option when choosing Beaxy and it’s a strong recommendation for all traders who want to bring crypto to their smartphone.

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. Beaxy solves this and makes it very easy for traders who are looking to cash out their cryptocurrency gains on the same platform.

Trading on Beaxy

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 trade interface is customizable and can be moved around as you like.

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. 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.

The trade signals on Beaxy are next level. You can choose to activate the trade signals and you will get notified every hour or so when a new setup is spotted. These crypto signals have a track record of 70% accuracy. If you are looking to trade with new technology this is definitely something you need to try out. Good job Beaxy!

Payment methods and limits

Beaxy offers fiat deposits with Visa, Mastercard, and Bank Transfers. Cryptocurrency deposits are also available. The minimum fiat deposit is $50 and there is no minimum or maximum limit on cryptocurrency withdrawals.

Things we don’t like

I would love to see a live chat instead of the chatbot as it’s just not enough in many cases when more difficult issues arise. Other than that there is much to complain over as Beaxy seems to be a very complete digital asset exchange.

Trading Fees

Products
Maker fee
Taker fee
Cryptocurrency
0.15 %
0.25 %

Products

Cryptocurrency
Cryptocurrency

Trading Platforms

Webtrader
Webtrader
MT5
MT5
Mobile App Android + Mac
Mobile App Android + Mac
Own trading platform Windows + Mac
Own trading platform Windows + Mac
Tradingview
Tradingview

Order Types

MO - Market Order
PO - Post Only
LO - Limit Order
IOC - Immidiate or Cancel
FOK - Fill or Kill
SM - Stop Market
SL - Stop Limit
OUO - One Updates the Other

Devices

Desktop
Desktop
Smartphone
Smartphone
Tablet
Tablet
Web
Web

Special Features

Buy Cryptocurrency
Altcoins
Education
Trading Forum
KYC
2FA Verification
Institutional Trading
High Limits
Automated Trading
Advanced Trading Tools
Robot Trading
Quick Registration
Fast Account Verification
Advanced Charting
Security Of Funds
Advanced Trading Platform
Staking
MT5
Welcome Bonus
Technical Indicators
Fast Withdrawals
Instant Deposits
Promotions
Rebate
Cryptocurrency Wallet
Trading Bot
Fiat Account
New Trading Platform
Customisable Interface
Beginner Friendly
Trading App
One Click Trading
VIP Account
Experienced Trader Account
Trade Alerts
Video Guides
Currency Converter
Fast Execution Speed
Backtesting
Trading Tips
Performance Analytics
Real Stop Loss
Trading Strategies

About the special features on Beaxy

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 which is pretty cool.

This and much more are available and I understand why so many traders like the platform. It’s easy to use and from the main menu, you have access to features such as trender and signals which are two automatic tools for day traders that help you find new setups that have up to 70% win accuracy.

Free Crypto Trading Signals

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.

Trender

Trender is the main tool for the Beaxy crypto app. It’s an automatic technical analysis tool that will let you choose from new setups just and it works exactly like Tinder where you swift left and right if you want to accept the new trade setup.

Hummingbot

If you are looking for new technology to improve your results you will be pleased to hear that Beaxy offers to trade with Hummingbot. 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. It’s very easy to get started. Simply download and install the platform and set the parameters/criteria you want to automate your trades and then let Hummingbot do the rest.

Deposit Bonus

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. This crypto bonus is rewarded in USDC.

Insurance up to $250,000

Since Beaxy is registered as an MSB in the US they are obliged to keep a reserve fund for their clients. When you trade on the exchange you can rest assured that up to $250,000 of your capital is insured and if the worst-case scenario would ever happen, Beaxy got you covered.

Institutional Accounts

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 up to 100 BTC per day.

Funding

Visa
Visa
Mastercard
Mastercard
Cryptocurrency
Cryptocurrency
Bank transfer
Bank transfer

Accepted Currencies

USD ($)
EUR (€)
GBP (£)
JPY (¥)
CAD ($)
AUD ($)

Limits

Max Withdrawal Limits
No limit
Min Withdrawal Limits
$0.01
Min Deposit Limits
$50

Languages

United Kingdom
English
Spain
Spanish
Poland
Polish
Russian Federation
Russian
Germany
German

Restricted Countries

Albania
Bosnia and Herzegovina
Bulgaria
Croatia
Montenegro
Republic of North Macedonia
Romania
Serbia
Slovenia
Myanmar
Cuba
Democratic Republic of the Congo
Egypt
Iran, Islamic Republic of
Iraq
Liberia
Korea, Democratic People"s Republic of
Sudan
Syrian Arab Republic
Zimbabwe

Security

Is Beaxy safe to use?

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. This adds to their credibility and we definitely recommend our traders to use this platform. Beaxy is, by all means, an Excellent US-based crypto exchange.

Is Beaxy regulated?

Yes, Beaxy is registered as a Money Service Business in the US and is regulated by FinCEN, the Financial Crimes Enforcement Network.

Support

Contact Form
Contact Form

Frequently asked questions

Read the most frequently asked questions about Beaxy. Find answers without searching the web.

This online crypto trading platform has the main office at this address, E Jackson Blvd, Chicago, Illinois 60604.

First, click on your account tab in the top right corner. Second, click "withdraw crypto" or "withdraw fiat" in the left menu depending on your preferred withdrawal currency. Third, select the amount and proceed with the instructions.

The lowest possible deposit with fiat currency is $50. However, if you decide to transfer digital assets, the amount can be even smaller.

Yes, this exchange allows US citizens to buy, sell, and trade both bitcoin and other cryptocurrencies. However, some states are still not allowed to access the platform. Please check the website for more information as they update they are working on adding more US states all the time.

Yes, Beaxy has withdrawal support for 6 major fiat currencies.