Review on Bilaxy by Aman Arora

Name: Bilaxy
Item: Bilaxy
Rating: 4

January 05, 2021

Bilaxy Exchange Provide quality trading environment with complete security

Bilaxy exchange has gained lot of popularity and exposure and increase in database due to  lot of activities ad promotions and coin listings. Bilaxy has known for listings coins every other day and not only that It has provided tools and good liquidation for most of the coins to completely look after the needs of the users using the Exchange.
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In order to use the features of withdrawl one must complete KYC1 as per rules of the exchange. Users does need to comply with rules in order to go through verification process. You must use caution because without kyc your funds will be frozen as  exchange has made it mandatory to complete 1st level verification to withdraw assets. Security feature offered are good with Mobile number(SMS) binding and Google 2FA Facility available. Bilaxy has quite good and easy to use mobile app and I would recommend Mobile App or desktop version because its mobile web version is not reliable to browse as some of the features are difficult to sight.
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Bilaxy currently offer market orders only and there are no stop limit order which is the big confusion for traders but due to same maker and taker fees users dont bother too much even for large volume as exchanges usually charge differently for maker and taker orders. Users can hold BIA Tokens on exchange for 50% discount in fees. Usually maker and taker fees is 0.25% but with BIA you only pay 0.125% which is very competitive and possibly one of the lowest in Centralized Exchanges. 
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Bilaxy is still relatively new to crypto market but it has been used by millions of users and exchange volume and exposure and interaction on Social media is quite good and I would prefer more featured websites with margin trading and availability of Fiat but still as far as reliability and security of funds is concerned Bilaxy is trusted and reliable
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Pros

Bilaxy being relatively new exchange but has top quality volume and security to offer world class environment for trading
Most of tokens traded at Bilaxy has good volume and liquidation for easy trade execution
Exchange is known for listing new tokens with easy and quality listing procedure and

Cons