Re: [ANN] Beaxy - The All-in-One Cryptocurrency Exchange

[shinratensei_]

has anyone tried this place out yet 

My trying failed from the beginning because my id got stolen and i can't do their kyc yet. But obviously they have users so someone in their telegram could provide insights. Too bad that this is the only place to buy bxy tokens.

What sense in their tokens? As I see their token has 1.2 mln marketcap while daily volume on their exchange has just 2.5k. Wich such volume this token  does not cost so much in fact...

I honestly think the project urgently needs to step up their marketing. They seem to be losing appetite in keeping up with the existing competitors in the exchange platform business. They started good enough but now they seem to lack the spirit that they used to show before and after a short while after their launching. It also appears the Tesla Model 3 prize for their trading competition did not make much of a big deal to potential traders. I couldn't even notice a bump of their BXY token.

Running an exchange project is indeed not easy. Most of the similar projects cannot compete and are closed
Just like beaxy it requires a process and must get the trust of traders, one of the factors that increases trader confidence is that exchanges have a high volume of course real volume and I see Beaxy hasn't qualified for it. Beaxy must learn from Binance, how binance is present and growing.

It's hard to put a close comparison between Binance and Beaxy. But I guess Binance initially faced more difficult obstacles than Beaxy. Binance used to be operating from unknown places and was constantly on the run, faced crackdown, and all. But the persistence of CZ and the team made it very successful. Beaxy's Artak is far from being a CZ.

Beaxy earlier released a comparative summary of exchanges with native tokens. And in that, Beaxy appears to be ahead of the rest including Binance, KuCoin, Huobi, and others in terms of loyalty rewards, fiat trading pairs, fast deposit, and so on. Unfortunately, this did not translate into nice volume. 

It's better to create a comparison between beaxy and bcnex consider bcnex is also a new exchange site, but that's very sad to see the daily volume of bcnex multiple times compared with beaxy. A comparative summary that is not released by a 3rd party can't be trusted because there is a possibility if all of the things that have already mentioned fake.
So many projects use this method. Binance is coming at the right time when so many people are looking for the trusted exchange site. CZ was launching binance at the right time. Remember about the beaxy ico has already ended when binance is still nothing

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[frcat]

It's better to create a comparison between beaxy and bcnex consider bcnex is also a new exchange site, but that's very sad to see the daily volume of bcnex multiple times compared with beaxy. A comparative summary that is not released by a 3rd party can't be trusted because there is a possibility if all of the things that have already mentioned fake.
So many projects use this method. Binance is coming at the right time when so many people are looking for the trusted exchange site. CZ was launching binance at the right time. Remember about the beaxy ico has already ended when binance is still nothing

Bcnex has a great marketing. They have promotions every day. And volume on Bcnex is huge in first month. And this (at least mostly) real volume, as traffic to their site is huge as well. may be this will be new Binance.
But on Beaxy volume is 13k per 24h. They dont have any marketing.

[koang]

Bcnex has a great marketing. They have promotions every day. And volume on Bcnex is huge in first month. And this (at least mostly) real volume, as traffic to their site is huge as well. may be this will be new Binance.
But on Beaxy volume is 13k per 24h. They dont have any marketing.

Agreed, Beaxy dont have any marketing.
For fueled rapid growth, maybe it's time for Beaxy to look for a strategic partner specializing in marketing.
Like Bcnex and Kucoin who partnership with CoinAds

[mirakal]

Bcnex has a great marketing. They have promotions every day. And volume on Bcnex is huge in first month. And this (at least mostly) real volume, as traffic to their site is huge as well. may be this will be new Binance.
But on Beaxy volume is 13k per 24h. They dont have any marketing.

Agreed, Beaxy dont have any marketing.
For fueled rapid growth, maybe it's time for Beaxy to look for a strategic partner specializing in marketing.
Like Bcnex and Kucoin who partnership with CoinAds

When it was launch, we were so impressed with Beaxy, and now we criticize them.
Beaxy should listen to this criticism so they could improve the project, with their actions that they are doing their job, no amount of FUD that would affect the project.

[kurniawan05]

Bcnex has a great marketing. They have promotions every day. And volume on Bcnex is huge in first month. And this (at least mostly) real volume, as traffic to their site is huge as well. may be this will be new Binance.
But on Beaxy volume is 13k per 24h. They dont have any marketing.

Agreed, Beaxy dont have any marketing.
For fueled rapid growth, maybe it's time for Beaxy to look for a strategic partner specializing in marketing.
Like Bcnex and Kucoin who partnership with CoinAds

They should be able to collaborate with various big projects by giving free listings and in return they promote beaxy in their various social media as well as bcnex.

[cryptic4000]

Bcnex has a great marketing. They have promotions every day. And volume on Bcnex is huge in first month. And this (at least mostly) real volume, as traffic to their site is huge as well. may be this will be new Binance.
But on Beaxy volume is 13k per 24h. They dont have any marketing.

Agreed, Beaxy dont have any marketing.
For fueled rapid growth, maybe it's time for Beaxy to look for a strategic partner specializing in marketing.
Like Bcnex and Kucoin who partnership with CoinAds

Beaxy is currently lacking liquidity and for me this exchange has officially ended. Very few investors are trading here and everything has changed since a few months ago. Currently any exchange is experiencing the same situation and if don't improve the trading volume soon, I will never deposit at this exchange because the risk is great and will affect profits if choose to invest here.

[Natalim]

Bcnex has a great marketing. They have promotions every day. And volume on Bcnex is huge in first month. And this (at least mostly) real volume, as traffic to their site is huge as well. may be this will be new Binance.
But on Beaxy volume is 13k per 24h. They dont have any marketing.

Agreed, Beaxy dont have any marketing.
For fueled rapid growth, maybe it's time for Beaxy to look for a strategic partner specializing in marketing.
Like Bcnex and Kucoin who partnership with CoinAds

Beaxy is currently lacking liquidity and for me this exchange has officially ended. Very few investors are trading here and everything has changed since a few months ago. Currently any exchange is experiencing the same situation and if don't improve the trading volume soon, I will never deposit at this exchange because the risk is great and will affect profits if choose to invest here.

yeah, there are only few trading pairs, currently 17 pairs only and the trading volume is only over $20k, .. $100K would be good but they dropped now.
I keep checking on the status and its price on a regular basis, but still there's no improvement yet. (https://coinmarketcap.com/exchanges/beaxy/)
waiting for the altcoins season, maybe it will pump a bit.

[alan2here]

Bcnex has a great marketing. They have promotions every day. And volume on Bcnex is huge in first month. And this (at least mostly) real volume, as traffic to their site is huge as well. may be this will be new Binance.
But on Beaxy volume is 13k per 24h. They dont have any marketing.

Agreed, Beaxy dont have any marketing.
For fueled rapid growth, maybe it's time for Beaxy to look for a strategic partner specializing in marketing.
Like Bcnex and Kucoin who partnership with CoinAds

Beaxy is currently lacking liquidity and for me this exchange has officially ended. Very few investors are trading here and everything has changed since a few months ago. Currently any exchange is experiencing the same situation and if don't improve the trading volume soon, I will never deposit at this exchange because the risk is great and will affect profits if choose to invest here.

yeah, there are only few trading pairs, currently 17 pairs only and the trading volume is only over $20k, .. $100K would be good but they dropped now.
I keep checking on the status and its price on a regular basis, but still there's no improvement yet. (https://coinmarketcap.com/exchanges/beaxy/)
waiting for the altcoins season, maybe it will pump a bit.

In addition Beaxy, many other exchanges also lack liquidity so it will greatly affect investors. Now is not a good choice to deposit money on this exchange because the risk is huge. I advise everyone to temporarily stay away from this trade and wait for the market to recover. Currently you should only participate in major exchanges like Kucoin, Huobi, Okex because these are good options for investors.

The trading volume and liquidity at Beaxy are almost nonexistent so this exchange will not be trusted for a long time.

[mickaelsilver10]

The team is quite honest about the payment of the bounties

Second payouts is complete !!!

thanks

[koang]

The team is quite honest about the payment of the bounties

Second payouts is complete !!!

thanks

Congrat, you have got rightfully yours  but liquidity at Beaxy are almost nonexistent
If the team doesn't immediately find a way to increase liquidity
Beaxy exchange officially ended and your tokens are not valuable at all

[mickaelsilver10]

you have to stay positive.
The team shows that it is serious and is able to respect dates announced

Many teams are not even able to do this kind of very basic things...

[Vaculin]

The team is quite honest about the payment of the bounties

Second payouts is complete !!!

thanks

Congrat, you have got rightfully yours  but liquidity at Beaxy are almost nonexistent
If the team doesn't immediately find a way to increase liquidity
Beaxy exchange officially ended and your tokens are not valuable at all

That's the main concern right now, Beaxy token owns 85% of the trading volume, I guess they improve and increase more on the major assets like bitcoin.
I have invested and hold on this token and I still believe someday the growth will be achieve, they are giving us information that we need to know, I think that's good for us investors.

[sockpuppet1911]

That's the main concern right now, Beaxy token owns 85% of the trading volume, I guess they improve and increase more on the major assets like bitcoin.
I have invested and hold on this token and I still believe someday the growth will be achieve, they are giving us information that we need to know, I think that's good for us investors.

They would still need more liquidity on bigger all assets and that's harder to come by. Without enough liquidity any kind of exchange is pointless.

[pantek talacuik]

That's the main concern right now, Beaxy token owns 85% of the trading volume, I guess they improve and increase more on the major assets like bitcoin.
I have invested and hold on this token and I still believe someday the growth will be achieve, they are giving us information that we need to know, I think that's good for us investors.

They would still need more liquidity on bigger all assets and that's harder to come by. Without enough liquidity any kind of exchange is pointless.

That's right, it's really needed to continue to develop or the good things that will come up with what you say. If they don't, something bad will come at the end of the story.

[Natalim]

Currently you should only participate in major exchanges like Kucoin, Huobi, Okex because these are good options for investors.

You should include Binance too, they are the number 1 exchange in the space IMO.

The trading volume and liquidity at Beaxy are almost nonexistent so this exchange will not be trusted for a long time.

Bad liquidity but it's understandable since it's a new exchange and it was not launch in a bullish period.

They would still need more liquidity on bigger all assets and that's harder to come by. Without enough liquidity any kind of exchange is pointless.

That's the department they need to find a way to improve their liquidity, stable volume would be good for the future of the exchange.

[mickaelsilver10]

Hoping that future listings will allow volume to increase

https://support.beaxy.com/hc/en-us/articles/360021350133-Round-2-Listings

https://support.beaxy.com/hc/en-us/articles/360021336773-Round-3-Listings

[mickaelsilver10]

Last update

https://twitter.com/beaxyexchange/status/1205577944208494595?s=21

[AmoreJaz]

Hoping that future listings will allow volume to increase

https://support.beaxy.com/hc/en-us/articles/360021350133-Round-2-Listings

https://support.beaxy.com/hc/en-us/articles/360021336773-Round-3-Listings

Last update

https://twitter.com/beaxyexchange/status/1205577944208494595?s=21

will the new Chairman make a difference from the previous one? can he find ways on how to increase the volume of this exchange? i know its not an overnight goal by all means but we will see in the coming months if there will be improvement in terms of volume on this exchange.
even known and old alts like monero, ltc has no trading volume?? guess he ha a lot of things to do here...

[blurryeyed]

This scam is as dead as this thread.

Told ya'll. Enjoy your worthless tokens.

[mickaelsilver10]

Beaxy Exchange Community Newsletter: 17th January 2020


https://medium.com/beaxy-exchange/beaxy-exchange-community-newsletter-17th-january-2020-e8bf72f07a6