Beaxy - One - Stop Cryptocurrency Shop

The new things does not always have to radically change the existing order. It is small increments that create the prerequisites for revolutionary change.

The Beaxy project follows this path. They want to create a new cryptoexchange type - one-stop shop. Where you would be able to get all the necessary things on one resource - from cryptocurrency trading to training in crypto trading and fintech basics.

The Beaxy team knows how to eliminate most of the shortcomings that some cryptoexchanges have. These are the interface complexity, the low transaction processing speed, the scarcity of the analytical tools provided for trading and the lack of fiat. Another huge problem, as shown in recent time, has been customer's money theft from stock exchange accounts. And, often this is not the fault of the customers themselves, but the result of careless attitude of these resources employees.

Few exchanges seek to provide an opportunity reduce trading fees for their customers. Beaxy offers two options:

• to use BXY internal utility tokens, which grant 50% discount on fees;
• to create a deposit in BXY tokens, blocked for a predetermined time sand get up to 20% discount.

An important advantage of Beaxy one-stop shop is the opportunity to have a deposit in fiat. If you have added funds to your exchange account, you do not have to immediately buy cryptocurrency. you can do it when it suits you.

To ensure connection security, in addition to two-factor authentication, IP address verification is used. To do this, when you connect, a letter is sent on the account holder e-mail and one is expected to confirm one’s identity by going to the link sent in the letter. Only after that it becomes possible to enter your personal cabinet.

Another innovation introduced by Beaxy is the offer of over-the-counter trades for institutional investors (transaction value - $ 1 million and up).

Continuing the list of innovations, it is important to mention the project team's promice not to introduce deposit and withdrawal fees. Usually, rather high fees are charged for such operations in a fiat currency.

Since Beaxy is an improved cryptoexchange version, it provides an opportunity for round-the-clock trading. This is rarely found on cryptoexchanges and is more an online exchangers attribute.

You can read more on the project and the technology behind it in Beaxy White Paper.

Beaxy one-stop shop will hold a crowdsale in early summer of 2018. The internal token of the project is called BXY. It an ERC-20 standard token and will function on the Ethereum blockchain.

Pre-sale will start on June 1, 2018. Public crowdsale will start on June 15, 2018. The main stage will last for a month or until hardcap is reached.

A total of 100 million tokens will be issued. Of these, only 60 million will be distributed. The project's team plans to raise at least $ 5 million, hardcap is $ 30 million.

The funds raised are supposed to be allocated as follows:

• 35% will be spent on further development and technology improvement;
• 35% will be spent on obtaining various permits, including for working with fiat currencies;
• 20% - for marketing;
• 10% for system maintenance.

Payment for tokens is accepted in ETH. The token price is currently unknown and will be reported closer to the pre-sale starting date.

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