Beaxy – the New Standard of Cryptocurrency Exchange

Has it ever occurred to you that the world needs a whole new currency exchange exchange?

The one that has no disadvantages inherent to most of existing platforms and features all the tools necessary to modern users.

An ideal all-in-one digital currency exchange with a broad spectrum of functions and options.

The team of young specialists from different parts of the world asked this question themselves and came to the conclusion that the word really demands such a platform. The fact is that all existing cryptocurrency exchanges do have certain number of weaknesses, which make them too far from perfect. The idea of development top class digital currency exchange platform resulted in the creation of Beaxy. Let us analyze the core features of this system and find out whether it’s really better than all the rest existing platforms.

Weak Sides of Most Today’s Exchanges

• Lack of fiat for the digital currency conversion;

• Absence of charting tools;

• Unreliable website performance;

• Lack of built-in price monitoring tools;

• Low level of users’ input;

• Problems in respect of assets protection, and many others.

How Beaxy Addresses These Issues

Let us consider the ways the developers behind the project are going to handle some of these problems:

• The issue of fiat shortage will be eliminated by the system’s ability to convert fiat into all major types of digital currency. The platform will let users make instant fiat deposits, which is also very important for today’s traders.

• The problem of complicated portfolio management will be resolved by the use of built-in profiles with the opportunity of automatic record of every transaction. The users’ portfolios will be easily transmitted from other systems and wallets.

• The lack of charting tools will be eliminated, according to the developers’ words, by means of creation of advanced charts, chart analysis tools, drawing instruments, and so on.

How Is the Project Implemented

It’s worth mentioning that the successfulness of the project depends to a greater extent on the way it’s being realized. The platform of Beaxy is at the stage of development at the given moment: it has a demo version of the exchange, a live support service, and quite a reliable and user-friendly website. The demo exchange lets users see how the system will work in the future; naturally, it doesn’t possess all the features and tools that developers are going to create, but never the less it’s quite illustrative.

The project of Beaxy was started in the 3rd quarter of 2017. At the beginning of 2018, the team developed the live Know Your Customer Portal and started the demo Token Sale. In the middle of the year, the developers are planning to officially launch Beaxy Platform and get authorized for paper currency support. The system’s mobile application will be created in the middle of 2019. In 2020, the team behind Beaxy is going to develop the tools for fiat integration, instant money deposits, and over the counter securities market.

All in all, the system seems to develop comparatively fast, though there is still much work to be done. At the moment, you can watch the way the demo version of the exchange is functioning and take part in the ICO, which is about to begin.

About Token Sale

Beaxy is, first of all, a blockchain-oriented project, and we can’t but mention its Tokens and the scheduled ICO. The company is going to issue 100,000,000 ERC20-compliant Tokens. During the Private Round, which took place from April 16th to April 30th, Beaxy Tokens were sold at the price of $0.30. Later, from May 1st to May 15th, the project’s cryptocurrency cost $0.35, and from May 16th its price was increased up to $0.40. The Public Sale of Beaxy Tokens is scheduled at July 1st to August 1st. You’ll be able to purchase the new system’s Coins for $0.60.

It’s interesting to note that the company is planning to issue two types of Coins:

1. Beaxy Standard Tokens. BXY will be used for different payments (fees, stakes, trading, etc.) and for buying additional features (they will be developed later).

2. PLUS Tokens (PLS). They are created for those users, who want to take part in the Platform’s Loyalty Rewards Program. This currency will not be sold; you can obtain it only by converting BXY into PLS via the system’s tools. These Tokens will not be traded; the only thing you’ll be able to do with them is to use them for getting the access to the Beaxy Loyalty Program.

Shortly about Loyalty Rewards Program

PLUS Tokens holders will get the opportunity to earn additional rewards for their activity within the exchange. They will be rewarded in the following way:

• 15% of fees collected for those who hold PLS up to 1 month;

• 20% of fees collected for those who hold PLS from 1 to 6 months;

• 25% of fees collected for those who hold PLS for more than 6 months.

Thus, PLUS Token will not really participate in any transactions, but they’ll bring certain passive income to their holders.

In general, Beaxy Platform stands a good chance to become the world’s greatest all-in-one cryptocurrency exchange. But it has to be developed yet, and quite seriously. All in all, the success of Beaxy depends to a greater extent on how the company will realize all its plans.

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Author profile: https://bitcointalk.org/index.php?action=profile;u=993461
Username bitcointalk: UnlimitedMoneymaker
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