Review on Bilaxy by Gabriel Medina
Little known centralized exchange Bilaxy
Bilaxy is a centralized cryptocurrency exchange that was launched in 2018 in the Republic of Seychelles where we can operate with an endless number of digital currencies. They have their own BIA token that can be traded to USDT, ETH, and BTC from the same platform. The interface is totally pleasant and easy to use for both beginners and experts. It is available for both iOS and Android phones. The website is only available in English and Chinese. Deposits are free on the exchange. There are more than one hundred and fifty-seven available trading pairs and one hundred and thirty-four currencies. However, it is considered a scam and has had many complaints. There are many concerns since the information about the project team and the lack of security against any attack is unknown. In addition, it is necessary to go through a rigorous KYC process to be able to trade on the platform.
Pros
- Easy to use interface for any user.
- Multiple cryptocurrencies and trading pairs.
- Application available for Android and iOS.
Cons
- Multiple complaints and poor support.
- Considered a scam by experts and the information of the team is unknown.
- Website only available in English and Chinese language.
New products
Comments (1)
December 23, 2020
Excellent review Gabriel. I think the same, despite having a very low listing rate and an easy-to-use interface, it has received many complaints, so it has lost the credibility it had previously. Do you think I can regain all the lost confidence?
