After 24 months of development, cryptocurrency startup Beaxy Digital, Ltd. has officially launched its trading platform, which is now live to customers in 43 US states and 185 countries, the company said on Tuesday.
The platform currently supports trading pairs for 16 of the
top digital assets, and comes with advanced features including TradingView
charting within the exchange UI, a profit/loss calculator, the ability to
manage multiple wallets per currency, in-platform portfolio management, and a
tax reporting tool.
Designed with a strong focus on security, the exchange also comes with “the most advanced, state of the art security features,” including third party security audit, multi-signature protection, a blockchain sweeping protocol that minimizes exposure of funds to hot wallets, account monitoring and alerts, system health monitoring, distributed denial of service (DDoS) protection, and phishing prevention, the company says.
Beaxy features, by beaxyexchange, via Facebook
OneMarketData, a provider of software solutions for the
financial industry, has built Beaxy’s matching engine on top of the its
existing software. By leveraging OneMarketData’s OneTick platform, Beaxy is
able to provide users with nine order types – with more
to come soon – and the platform can reach transaction speeds of 225,000 per
second per trading pair, “an order of magnitude faster than any other current
digital asset exchange,” the company claims.
“Our implementation of OneMarketData’s OneTick technology
has yielded impressive results, out-performing most engines in traditional
financial markets and the cryptocurrency markets,” said Artak Hamazaspyan, CEO
of Beaxy. “Through prioritizing user experience, security, regulatory guidance,
and seamless functionality, I am confident we’ve built a best-in-class trading
After building Beaxy’s matching engine,