
Beaxy Exchange
United States
01 Jun 2017 (8 Years)
Last online: No recent activity
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Security Information
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Traffic & Engagement
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Security Information
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This company is currently Unproved.
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Beaxy Exchange
Company Information
Get to know Beaxy Exchange
Founded in 2017, Beaxy Exchange was a digital asset trading platform designed for both retail and institutional traders, emphasizing security, regulatory compliance, and a suite of advanced trading tools. In March 2023, following charges from the U.S. Securities and Exchange Commission (SEC), the company suspended all trading services and customer withdrawals, citing "unprecedented regulatory requirements." The platform's mission was to bridge the gap between legacy financial systems and the emerging digital asset economy by providing a secure and feature-rich trading environment.
Industry
- Crypto ExchangePRIMARY
- Financial Other Service
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