Beaxy : THE ALL-IN-ONE CRYPTOCURRENCY EXCHANGE

david.louis (https://bitcointalk.org/index.php?action=profile;u=1273236)

Beaxy will be a one-stop shop for all of your cryptocurrency trading needs. Our intuitive user interface will allow for trading in both crypto and fiat currencies. As Beaxy’s transparent rocket logo suggests, our UI will be a sleek and elegant experience for the user but it will contain many complex mechanisms on the inside. Simple, yet powerful.

Our Story

Beaxy was initially created in mid 2017 when the co-founders were discussing the challenges surrounding cryptocurrency exchanges. They noticed that there were many barriers to entry and navigating the exchanges was a challenge - even for experienced investors - so they planned to create an all-in-one exchange that would accommodate everyone from beginner to professional.

Our Vision

Our vision is to create a convenient, secure, all-in-one platform that helps to facilitate a world where cryptocurrencies are as accessible as fiat currencies. Beaxy hopes to play a pivotal role in this expedition by laying the framework for what an all-in-one exchange should be.

Our Mission

It is our mission to provide an abundance of tools, news articles, tutorials, and financial services to assist all users - from total novice to expert trader - in making informed decisions in this rapidly changing environment.

The Cryptocurrency Market Today

Astounding potential, but complicated and overwhelming

The fast-changing cryptocurrency world experienced a huge boom in 2017. The Economist argues that the phenomenon of cryptocurrencies seems likely to result in significant market disruptions.

The daily cryptocurrency trading volume averaged 12 Billion (USD equivalent) in Q4 of 2017, which is significantly lower than traditional markets.

Experts speculate that initial coin offerings (ICOs) will generate a great deal of innovation in many different market sectors. As cryptocurrencies continue to rise in popularity, 2 the process of trading cryptocurrencies on an exchange leaves much to be desired. Currently, essential services for investors are fragmented across various platforms. While there are platforms which allows customers to buy Bitcoin/Ethereum/Litecoin via ACH/wire transfer/credit card, investing in coins with a smaller market cap (“altcoins”) requires the use of wholly separate services.

Welcome to Beaxy

A new world about to take shape

Cryptocurrencies crossed the $100 billion threshold for combined total market capitalization in mid-2017, increasing to $300 billion within a few months. This meteoric rise 3 4 includes hundreds of altcoins trading on many different exchanges. The ever-evolving nature of this field has caused alarm amongst traditional investors and government regulators alike, but the conclusion so far is that cryptocurrencies are here to stay.

While the crypto market continues to grow, buying cryptocurrencies is overwhelming and complex (even for experienced investors.) Converting cash into cryptocurrencies, managing and securing wallets, and moving coins from one exchange to another (often with limited or no support) poses challenges for many on the market. This is where Beaxy comes in.

Beaxy will be a one-stop shop for all of your cryptocurrency trading needs. Our exchange platform is built in-house but utilizes technologies created for large trading firms which allows for high throughput/low latency database performance. This technology has been proven in the fintech space where hundreds of thousands of orders per second are expected to execute with less than a millisecond of latency.

As Beaxy’s transparent rocket logo suggests, our UI will be a sleek and elegant experience for the user but will contain many complex mechanisms on the inside. Simple, yet powerful.

Beaxy Features

Market and Beaxy

Market Shortcomings and How Beaxy Fills Those Gaps

How Beaxy Works

Beaxy users will be able to trade simultaneously in a very wide range of crypto and fiat currencies through a straightforward, intuitive online platform. Beaxy will earn a commission on each completed transaction, with no charges or fees for deposits or withdrawals. Trades executed on the exchange will be charged a 0.20% fee.

In addition, Beaxy will issue its own tokens for use on the platform. Beaxy users will be able to use their tokens to pay for fees on our exchange at a 50% discounted rate. We will also offer premium features and rewards to anyone who lock their Beaxy Tokens in their account a month at a time. Rounding out the services provided, there will be 24/7 customer support with live chat, referral/loyalty reward programs, and access to our private tools. We will elaborate on some of these features in other sections.

From a technical standpoint, Beaxy will constantly undergo testing for reliable long-term performance. As a horizontal scalable low latency platform, unlimited coins will have the potential to be integrated into Beaxy simply by increasing the power of our servers.

Beaxy’s Transparency

A trading platform that is truly user-focused

The ICO ecosystem is filled with projects that leave a lot to be desired. Sometimes it’s hard to even tell exactly “what” you are investing in. Expecting investors to have blind faith in projects is a troubling trend in which we refuse to be a part.

Our demo will go live before our ICO even takes place, so that users can experience the Beaxy platform. Unlike most projects, you won’t have to sit on your tokens for years before they become usable... our initial platform launch will take place in Q3 of 2018.

Beaxy’s Competitive Advantages

Each registered Beaxy user will be able to take advantage of our Referral Program. If you refer a friend, you will receive 10% of their transaction fees for the lifetime of their account. Those who join via a referral code will be granted a Platinum level account (20% discount on trading fees) for a 2 month period. When you help us grow, everyone wins.

Security on the Beaxy Platform

The number one priority for a flawless user experience

Bringing together talent with extensive market/trading experience, the Beaxy team is well aware of the risks that even the most seasoned investors face. Security is our #1 priority in the planning and development of our platform.

Beaxy Token (BXY)

The Beaxy token offers multiple functions within our platform:

Loyalty Rewards Program. This program is designed to reward users who are holding BXY on our exchange. Holders will receive 20% of fees according to the number of BXY they hold. All you will have to do to take advantage of this program is keep your BXY tokens deposited on our exchange.
Pay exchange fees at a 50% reduced rate when you pay with BXY tokens.
Developers will be able to offer their own add-on features in our App Store. In addition to features developed by our team, we will allow 3rd party developers to submit their own applications and offer them to our users. They will receive 70% of the revenue generated from users who use their apps (paid out in Beaxy tokens.) Developers will be able to offer their apps for free, via a one-time purchase, or through a recurring payment model.
You can use our token to make your opinion heard and vote in our polls. We want our user base to play an active role in shaping the future of Beaxy and will have polls with questions like: What coins should we list? What features should we develop next? Etc.

Token Sale

The BXY token presale begins on June 1st, with a 20% bonus. The Public ICO begins on June 15th. ETH : BXY ratio will be determined at a point closer to the Presale date.

Budget Allocation

Our ICO will help fund the continuing development of our platform in security, performance agility, and feature set.

We want an army of customer support personnel to help on day one. Our team's collective experience with customer support standards across the crypto space is seriously lacking. We want to change that and are ready to invest heavily in being the absolute best on day one.

All things legal are expensive and beyond important. We want to be 100% compliant with laws wherever we operate. We also want our money handling licenses in the US to get processed and approved as fast as possible.

Our Team

Just as decentralization is a key aspect of cryptocurrencies, it is a main component of our company as well. With team members hailing from many time zones around the world, we are all proud to have a hand in creating the Beaxy platform.