Review on Bilaxy by Shalom Kolawole
BILAXY EXCHANGE
Bilaxy is centered on trading altcoin. Bilaxy was established as an exchange in April 2018 as an exchange focused on promoting the exchange of alternative coin. The exchange currently has a 24th hours trading volume of over 170 millions with it's 312 coin and tokens listed on the exchange
As the exchange through all it's weight on altcoin, it has been the number I trading spot for altcoin holders and traders
On the exchange, there are 355 pain and a flat trading fee of 0.1%which is quite moderate. The use of market order on this exchange allows quite coin conversion and a nice trading chart for professional traders to analyse market conditions. The withdrawal fees change by this exchange is low and the security. Provided to fund through 2-factor authentication. The exchange has it's native tokens supported as an ERC-20 tokens. The holding of this token allows the holders to be eligible for promoting on the exchange. The token has a good trading volume of $500,000 average and a maximum supply of 2 Billion coin. The coin is only traded on the Bilaxy exchange that looks vulnerable to attack. As for the user interface, it is a good one through many users have come to critical it due to easy looking appearance that hight make it vulnerable to hacking
Pros
- Support the trading of altcoin majorly
- Has a moderate trading fee of 0.1%
- The use of it's exchange coin allows the holders participate in new promotion
Cons
- It's heavily criticized due to it's you
