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Review on Bilaxy by Zahir Qarayev

Revainrating 4 out of 5

Review on Bilaxy

Bilaxy is a centralized exchange in the cryptocurrency market that supports 297 coins and is widely considered as the primary Alternative Coin Hub of the cryptocurrencies. It has a high level of liquidity, with a monetary value of about 15,000 Bitcoin. This exchange's selling point has been its support for a wide range of Altcoins.
The exchange also provides customers with two-factor authentication (two-factor authentication) throughout the withdrawal procedure, and they charge very modest costs for processing withdrawals from the exchange. I used the exchange website for this review, which I find quite inconvenient. The exchange's user interface was drab, and most skilled traders would not risk placing substantial sums of money in their wallets on the platform.
The exchange charges both market makers and takers a fixed cost of 0.1 percent, which is the biggest rate I've observed for any exchange so far. My primary criticism of the exchange is its user interface, which I believe, if improved, could propel the exchange to new heights in terms of volume traded.

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Pros
  • It has a little withdrawal fee
  • It now supports 297 different cryptocurrencies.
Cons
  • The online User Interface irritates me. It's very boring.