Review on BlueHelix Exchange (BHEX) by Mehdi hazni
HBTC Exchange
In fact, I did not know this exchange before Revain partnered with HBTC. But after registering in it and checking the statistics of this exchange, I was surprised. According to Coinmarketcap, HBTC has traded about $ 13 billion in the last 24 hours alone. Of course, this number is different on the HBTC page in Revain, the source of revain is probably different. Compared to KuCoin exchange, HBTC had about 12 times more trading volume, which is a very good statistic.
Registration at HBTC was easy for me and all you need is to enter your email and password and confirm your email. Of course, if people wish, they can also register with their mobile number.
Simple and light exchange of HBTC website, it is possible to trade with any kind of computer system and even mobile.
Support for Contract, Spot and Margin trading allows all traders to do their favorite trading in this exchange.
According to Coinmarketcap, the exchange has 155 pairs for trading, which is a good number, and the best Coins can be traded at HBTC.
The interesting part I saw in HBTC in the wallet section was Proof of assets. In many exchanges, it is speculated that the assets do not exist after being transferred to another exchange, and this increases the possibility of exchange fraud. We can track our assets well and be relieved of this issue (I have attached its image in the review photos below)
Updated 4 years ago
Rating has not been changed
I have been trading crypto for a long time and BlueHelix is one of those good exchanges that currently offers 162 pairs for trading. Unlike other exchanges, BHEX Exchange has not made trading difficult for users and the way of operating in this exchange is easy.
Famous exchanges such as binance have provided many sections for users, such as Pro and Lite sections, etc., which in my opinion, this large section will mislead users to do a proper trade.
In addition to simple and understandable segmentation, the wallet and account balance section is also user-friendly and has reduced users' misguidance. Even for amateurs, this exchange is a suitable exchange.
According to coinmarketcap, the exchange has a daily trading volume of about $ 10 billion, which is even more than the volume of the kucoin exchange.
Exchange server website has high speed and this issue plays an important role in the profit and loss of users. Because a moment of interruption or slowness of the server can cause damage to a trader. Activation and verification emails are also sent in a few seconds.
Another point of BHEX exchange is that Maker and Taker fees are mostly the same. Most exchanges have set higher fees for takers of an order, and due to the high price fluctuations of cryptocurrencies, these price changes have made it difficult for a maker to place an order, but at bhex it does not matter who you are.
The exchange also offers its applications for various operating systems such as iOS, Android, Windows and mac.
Updated 3 years ago
Rating changed from 5 to 4
I have already thoroughly reviewed this exchange and in this update I intend to make some changes to this exchange and make comparisons about it.
Changes from the latest update from my review
In my latest update on this exchange, the exchange has dropped a lot in terms of daily trading volume, and in the last 24 hours it has been about $ 2 billion. If in the last update this figure was about 10 billion dollars and this is about 20% of the previous volume.
This exchange still supports all types of trades.
In the last update, the number of pair markets offered in this exchange was 162 and now it is 166 (based on coinmarketcap) which has not changed much and it seems that this exchange has a strictness in the issue of coin listing.
Comparing the trading fee of this exchange with kucoin and binance exchanges
Spot trading fee
In the following, I want to compare the fees of this exchange with the fees of binance and kucoin exchanges. This exchange, like binance and kucoin fees, has divided users based on lvl. In the spot trade of this exchange, the maker and taker fees are equal. The same is true for binance and kucoin. fee set for lvl 0 users This exchange for taker and maker is 0.1%, which is equal to the percentage of kucoin exchange in this section. But this percentage is higher than the binance exchange fee. binance has set a fee of 0.075% for this category of users.
Futures trading fee
fee varies in futures transactions in this exchange. In this section, like the other two exchange offices, segmentation has been done. fee for futures is different for makers and takers, as it is for the other two exchanges. Makers trading fee in this exchange has a percentage equal to two exchanges binance and kucoin. All three charge 0.02% of users.
But takers trading fee has a different percentage in each exchange. In BHEX this percentage is 0.05, in kucoin 0.06, and in binance it is 0.04.
Comparison of other BHex exchange facilities with kucoin and binance
In addition to trade-related facilities, this exchange has other options such as bitmore, labs and captain. The bitmore part is actually about investing and profits based on holding cryptocurrencies. The investment section in binance operates under the name of binance pool, and in kucoin, the name earn is assigned to this section.
A good feature that this exchange has compared to the other two exchanges in this field is that it is possible to receive profit with tether currency hold. In the other two exchanges, this is not possible, of course, it has binance staking on stable coins, but it has chosen its own fixed exchange currency for this purpose. But because of the greater credibility and history of the tether currency, many people may prefer to invest and hold long-term holdings in the USDT currency.
Pros
- Ability to track assets
- Light and efficient website
- Very high daily trading volume
- Contract, margin and spot support for trades
- The number of pairs is neither too high nor too low, and popular coins are all tradable on HBTC
Cons
- I did not find anything negative during the time I used this exchange
