Crypto exchanges are forever battling against one another for supremacy, adding new features and functions in a bid to stay on top. However, most of these exchanges have been around for some time, meaning adding new features can often be complicated and take a lot of time. This is where Beaxy has the second mover’s advantage and this advantage could have made it the best crypto exchange around.
Launched on Tuesday, Beaxy is here to shake up the crypto trading game with its plethora of advanced features that you will be hard-pressed to find anywhere else.
The Crypto Exchange to End All Crypto Exchanges
Founded by Artak Hamazaspyn and Mittal Patel, Beaxy has been paying attention to the crypto trading world to see what it’s missing and what’s not done very well. It packs some serious power under the hood and it looks like it could be one of the safest and most secure crypto trading platforms around – sorry Binance, that hack blew our confidence in you.
Supreme KYC and AML
Beaxy has deployed KYC and AML software from Mati and it feels very much like a traditional trading platform during the onboarding process – quick, easy, and secure. Mati’s KYC and AML software is one of the best around, with access to facial and liveness recognition technologies, document authenticity checks, and any global watchlists users may be on. There is no chance of any money laundering or darker uses on Beaxy – once again John Stark, more proof you’re wrong.
OneTick Market Surveillance
If you have done any financial instrument trading over the years, you will know OneTick is an incredible piece of kit. OneTick is a market analytics firm that works with most of the major financial institutions and gives quantitative data on a range of financial products. Beaxy has deployed this technology to give its users access to market-leading data and analytics to help them trade as profitably as possible.
Auto Tax Reporting Tools
The features don’t end there, Beaxy has its own tax reporting system built in – meaning you no longer have to write down every trade and whether it was profitable or a loss. This is super hard for traders who are highly active and trade frequently. It automatically collects information that you will need come tax time, which traders can then download and submit with their tax return at the end of the year. Beaxy is also packing TradingView charting, multiple wallet capabilities, and a profit and loss calculator – making it one of the most complete crypto trading platforms we have ever seen.
There are a lot of crypto exchanges out there, but few are delivering as many features as Beaxy. Before its launch, Beaxy had more than 60,000 pre-registered users and it’s available in 185 countries. If you’re looking for a new crypto exchange, Beaxy is well worth checking out.