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3.35/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum deposit:
  • $1
Trading platform:
  • TradingView
Trading features
  • Lots of cryptocurrencies and tokens, no fiats, simple and convenient trading terminal, profitable referral program, no investment decisions and solutions for beginners
21
users picked this broker in 3 months
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Our Evaluation of Bilaxy

3.35/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Traders Union icon

Bilaxy is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.35 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Bilaxy clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.

The Bilaxy crypto exchange offers one type of service: cryptocurrency trading. There are no fiat funds or investment programs. The trading terminal is simple, it is intuitive, easy to use for beginners and professionals. There is a FAQs section for newbies. The main advantages of the platform are large trading volumes, many assets, excellent terminal speed, and a high security rating for the system. A relative disadvantage is that there is no specialized functionality or comprehensive training for novice traders.

Brief Look at Bilaxy

The Bilaxy exchange is a cryptocurrency trading service. You can trade Bitcoin, Ethereum, Litecoin, FXT Token, DRK Chain, Moonpot (BEP20), as well as over 300 altcoins and tokens on the platform. There are no fiat funds, only crypto-to-crypto pairs. They use the TradingView desktop trading terminal and an application for mobile trading based on the TradingView model. The app comes in versions for iOS and Android. There are no investment solutions, demo accounts, or training. There is no minimum deposit, and registration and verification are standard. Of the additional earning options, there is only a one-level referral program. Fixed commissions are 0.2% for taker and maker. However, if an exchange token (BIA) is used to pay off the commission, the commission is reduced to 0.1%.

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Advantages of trading with Bilaxy:
  • Very simple and convenient trading terminal (this is also true for its mobile application);
  • Bitcoin, hundreds of the most popular and demanded altcoins and coins are traded on the exchange;
  • no restrictions on trading strategies, no minimum deposit, no withdrawal limits;
  • low fixed commissions, which can be further reduced due to rebates from the Traders Union;
  • BIA exchange token has large trading volumes and can be used to gain trading advantages;
  • advantageous referral program, through which you can receive up to 40% of the commissions of invited users.
Disadvantages of Bilaxy:
  • there are no investment solutions or passive earnings options on the exchange, except for the referral program;
  • the exchange does not provide demo accounts or training guides;
  • there is no call center for prompt communication with technical support.

TU Expert Advice

Anton Kharitonov

Financial expert and analyst at Traders Union

Bilaxy was founded in 2018 and is headquartered in Seychelles. It is subject to the financial legislation of this country. There is a valid license, the activity is carried out transparently, and there are no fines.

During the testing of the platform, TU’s experts didn’t find any technical failures or vulnerabilities. The servers are stable even at peak loads, notwithstanding the impressive trading volumes. Bilaxy trades Bitcoin on the platform, as well as the most popular altcoins, plus hundreds of tokens. The company has its own token: the BIA. It is actively traded and supported. The advantage of purchasing BIA tokens is you can get a 50% discount on commission fees for trading operations.

Commission fees are below average for the current market, they are the same for taker/maker. They do not depend on trading volume or third-party factors. All options for depositing and withdrawing funds are available. There are no commissions for the deposit, there are commissions for withdrawal though, and they are variable, depending on the asset, the withdrawal volume, and the state of the market. It is calculated individually when filling out the withdrawal form.

The platform does not offer investment solutions, only active trading. There is only one type of account, with no VIP statuses. There are a news feed and basic analytics. The pool of tokens is constantly growing. Competitions are held regularly. Taking into account all the factors, the exchange offers attractive conditions for crypto traders of all levels.

Bilaxy Summary

💻 Trading platform: TradingView browser and mobile apps
📊 Accounts: Standard
💰 Account currency: Cryptocurrencies and tokens
💵 Deposit / Withdrawal: Bank cards and accounts, electronic and cryptocurrency wallets
🚀 Minimum deposit: $1
⚖️ Leverage: 1:1
💼 PAMM-accounts: No
📈️ Min Order: from 0
💱 Commission: Spot: 0,15%-0,15%
🔧 Instruments: 128 supported coins, Fiat.
💹 Margin Call / Stop Out: No
🏛 Liquidity provider: No
📱 Mobile trading: Yes
➕ Affiliate program: Yes
📋 Order execution: N/A
⭐ Trading features: Lots of cryptocurrencies and tokens, no fiats, simple and convenient trading terminal, profitable referral program, no investment decisions and solutions for beginners
🎁 Contests and bonuses: Yes

The Bilaxy cryptocurrency exchange does not set a minimum deposit. This means that to start trading, you only need to register and verify. Further, you independently determine your economic policy, and you can enter any deposits through all available channels. No leverage is provided; you can only trade using your own assets. Borrowed funds (margins) are not permitted. The technical support of the exchange operates around the clock, and communication is available through the ticket system on the website and by email. You can also contact company representatives through the official accounts of the crypto exchange on social networks (all this information is presented in the footer on the official website).

Bilaxy Key Parameters Evaluation

User Satisfaction i

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spidy
13 weeks ago

I've been trading for three years, so the lack of a demo account and training material in Bilaxy doesn't bother me personally - I passed that stage a long time ago. But objectively, it's a big disadvantage for beginners. Entry without preparation can be brutal, especially if a person is just beginning to understand the logic of crypto-currencies and the platform. But the choice of assets is simply impressive. The exchange trades bitcoin, hundreds of popular altcoins and a wide variety of coins, from the oldest to the newest. It's one of the most powerful assortments I've ever worked with. There's plenty to experiment with, and it's easy to build a portfolio to suit all goals and strategies. If you're not a beginner and know how to trade, the platform will give you everything you need.

Je trade depuis trois ans, donc l'absence de compte de démonstration et de matériel de formation dans Bilaxy ne me dérange pas personnellement - j'ai passé cette étape il y a longtemps. Mais objectivement, c'est un gros inconvénient pour les débutants. L'entrée sans préparation peut être brutale, en particulier si une personne commence tout juste à comprendre la logique des crypto-monnaies et de la plateforme.
Mais le choix des actifs est tout simplement impressionnant. La bourse négocie des bitcoins, des centaines d'altcoins populaires et une grande variété de pièces, des plus anciennes aux plus récentes. C'est l'un des assortiments les plus puissants avec lequel j'ai travaillé. Il y a beaucoup à expérimenter et il est facile de construire un portefeuille adapté à tous les objectifs et à toutes les stratégies.
Si vous n'êtes pas un débutant et que vous savez comment trader, la plateforme vous donnera tout ce dont vous avez besoin.

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Rasel400
16 weeks ago

What I immediately liked about the bilaxy platform was the exchange terminal. It's really simple, convenient and very practical. Everything you need is at your fingertips, there are no useless buttons or confusing menus. The interface is understandable even for those who aren't particularly adept at technical nuances. I'd particularly like to highlight how well the mobile app works. I often use it on the move - the functionality is almost the same as the web version, but it's fast and stable. There are no problems, execution is instantaneous and the interface is perfectly adapted to the phone screen. This makes trading really comfortable, even from a laptop or phone, but it's important to understand that the exchange focuses on trading and active trading.

Ce qui m'a tout de suite plu sur la plateforme bilaxy, c'est le terminal d'échange. Il est vraiment simple, commode et très pratique. Tout ce dont vous avez besoin est à portée de main, il n'y a pas de boutons inutiles ou de menus déroutants. L'interface est compréhensible même pour ceux qui ne sont pas particulièrement doués pour les nuances techniques.
Je tiens tout particulièrement à souligner la qualité du fonctionnement de l'application mobile. Je l'utilise souvent en déplacement - les fonctionnalités sont presque les mêmes que celles de la version web, mais elles sont rapides et stables. Il n'y a pas de problème, l'exécution est instantanée et l'interface est parfaitement adaptée à l'écran du téléphone. Cela rend le trading vraiment confortable, même à partir d'un ordinateur portable ou d'un téléphone.
Mais il est important de comprendre que la bourse se concentre sur l'échange et la négociation active.

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phongdung
21 weeks ago

The terms and conditions of the Bilaxy crypto-currency trading company are really nice: no restrictions on trading strategies, no minimum deposit, and the best part is that there are no withdrawal limits. You can easily work at your own pace, without pressure or rigid limits. This is rare, and for me personally, such freedoms are a real boon. Everything works seamlessly, and you get the impression that you're really being given the opportunity to earn money. Unfortunately, the first good impression is somewhat spoiled by the absence of a call center. When you have an urgent question or situation, you can't contact support quickly - you can only write via the form or wait for an e-mail response. Of course, answers do arrive, but not as quickly as we'd like.

Les conditions de la société de trading de crypto-monnaies Bilaxy sont vraiment agréables : pas de restrictions sur les stratégies de trading, pas de dépôt minimum, et la meilleure partie est qu'il n'y a pas de limites de retrait. Vous pouvez facilement travailler à votre propre rythme, sans pression ni limites rigides. C'est rare, et pour moi personnellement, de telles libertés sont une véritable aubaine. Tout fonctionne de manière transparente et vous avez l'impression qu'on vous donne vraiment la possibilité de gagner de l'argent.
Malheureusement, la première bonne impression est un peu gâchée par l'absence d'un centre d'appel. Lorsque vous avez une question ou une situation urgente, vous ne pouvez pas contacter l'assistance rapidement - vous ne pouvez qu'écrire via le formulaire ou attendre une réponse par courrier électronique. Bien sûr, les réponses arrivent, mais pas aussi rapidement que nous le souhaiterions.

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Tammerdosy
2 years ago

I have a negative attitude towards Bilaxy broker. The fact is that for the past 7 months I have not been able to withdraw my money from this company. I was not satisfied with the partnership with them, there is poor processing of orders. It is impossible to open a deal quickly and without problems. I decided to withdraw funds, but I see that it will be difficult.

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dorothyaq4
2 years ago

Hello, my name is Richard. I worked for Bilaxy. 1000 bucks and I can't take it from them. The phone is not answered, emails are not answered. I do not know what to do. I'm starting to realize that I've been lied to. But I definitely don't want to leave my money to scammers.

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wintry
3 years ago

It is profitable to trade with Bilaxy, but withdrawing money is just some kind of brain drain! For the first time, for the withdrawal application to be processed, Bilaxy requires that your personal data must be confirmed. To increase the limit to 1,500 Ethereum (withdrawals are made only in this currency), it was necessary to send a video with codes in hand. Well, when it was necessary to increase the limit even more, I had to contact support again. Thank God it's all over. But in general, the broker fulfills the conditions of the offer honestly, there are no delays with withdrawals. It is a pity that there is no way to connect a card and trade from it. I haven’t found any more cons.

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santusri
3 years ago

I didn't choose this broker to trade altcoins. A friend recommended Bilaxy as one of the crypto exchanges with the highest trading volumes. For the most part, everything is okay here. Bilaxy has good conditions, fast executions, and reliable account protection. If you decide to join Bilaxy, I advise you to go through verification right away, at least complete the first level. You can trade without it, but you won't be able to withdraw funds, and the process of reviewing your documents can take up to 10 days. That is exactly what happened to me. The site does not have any useful services to help traders. The broker only provides a terminal, so you need to look for analytics and news on third-party resources.

Score:
Our evaluation encompasses several key factors, including government regulation, two-factor authentication (2FA), cold wallet storage of client assets, investor protection funds, KYC protocol adherence, year of foundation, and history of security breaches. Read more in our Methodology
4.5/10

Regulation and safety

Bilaxy received a score of 4.5/10, indicating a low level of security and regulatory compliance. This suggests that the platform may lack essential protections, and users should exercise extreme caution.

Advantages of Bilaxy
  • 2FA
  • Cold wallet storage
Disadvantages of Bilaxy
  • Successful hacks history
  • No investor protection fund

Bilaxy Security Factors

We also compared Bilaxy against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.

Bilaxy OKX Kraken
Tier-1 regulation No No Yes
Government-regulated No Yes Yes
Investor protection fund No Yes No
2FA Yes Yes Yes
Facial recognition No Yes No
Cold wallet storage Yes Yes Yes
Successful hacker attacks Yes No No

Is Bilaxy a regulated crypto exchange?

Bilaxy is not currently regulated by any government authority, which is still a common occurrence in the cryptocurrency industry. While this doesn't automatically mean Bilaxy is unreliable, government-regulated exchanges are generally considered more reliable due to the added oversight and client protection they offer.

Is verification (KYC) mandatory at Bilaxy?

Yes, KYC verification is mandatory at Bilaxy. You will need to complete the verification process before you can open an account and access the platform's full range of services.

In which countries is Bilaxy available?

Bilaxy complies with international sanctions and regional restrictions. Services are limited or unavailable in the following countries: Singapore, China, Bahrain, Palestine, Jordan, Iraq, Qatar, Kuwait, Lebanon, Libyan Arab Jamahiriya, Oman, Syrian Arab Republic, Tunisia, Yemen, Botswana, Tanzania, United Republic Of, Zimbabwe, Namibia, Ethiopia, Jamaica, Zambia, Hong Kong, Afghanistan, Trinidad and Tobago, Brunei, Nepal, Serbia, Somalia, Cameroon, Rwanda, Slovenia, Eswatini, Croatia, Mongolia, Burma, Montenegro, Cambodia, Taiwan, Mozambique, Madagascar, Dominican Republic, Albania, Mauritius, Puerto Rico, Cote d'Ivoire, Laos, Macedonia, Papua New Guinea, Costa Rica, Luxembourg, Malta, Ecuador, Bahamas, Haiti. For the most up-to-date information on regional availability, please contact Bilaxy support.

Is Bilaxy available in the USA?

Yes, Bilaxy is available in the USA. However, availability may vary by state due to local regulations. We recommend checking the official website or contacting support for up-to-date information specific to your location.

Score:
This category evaluates trading costs and the transparency of deposit and withdrawal charges according to the Methodology. It covers spot and futures trading fees, P2P exchange costs, deposit/withdrawal fees, and tiered fee structures. The assessment ensures that fees are competitive and clearly disclosed, avoiding hidden or excessive costs. Each factor is scored based on defined criteria, contributing to the overall rating.
7/10

Bilaxy commissions and fees

Bilaxy received a 7/10 score for its trading fees. While Bilaxy is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.

Advantages
  • Spot fee below industry average
  • No deposit fee
Disadvantages
  • Withdrawal fee may be applied
  • P2P fee applied

What are Bilaxy trading fees?

We analyzed Bilaxy’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.

Bilaxy trading fees vs competitors

Bilaxy Nexus Trade Paxful Industry average
Spot, maker fee (%) 0,15 0,22 0 0.15
Spot, taker fee (%) 0,15 0,22 0 0.194

What are Bilaxy deposit and withdrawal fees?

Deposit fee, % 0
Withdrawal fee, % 0,0007 BTC 0,01 ETH

Does Bilaxy offer P2P trading?

No, Bilaxy does not support P2P transactions. However, you can explore the best alternatives in our dedicated list of top P2P exchange platforms, offering a variety of secure options for peer-to-peer transactions.

Score:
We evaluated the deposit and withdrawal experience, considering several key factors such as the range of available methods, transaction processing speed, minimum deposit requirements, and associated fees. Read more in our Methodology.
2.5/10

Deposit and withdrawal

Bilaxy received a 2.5/10 rating for its deposit and withdrawal services. Bilaxy offers limited funding options and may charge fees, which could be inconvenient for many users.

Advantages
  • No deposit fees
  • Many cryptocurrencies for deposits and withdrawals
Disadvantages
  • Withdrawal fee applies
  • Bank transfers not available

Deposit and withdrawal options

Bilaxy supports the following deposit and withdrawal options: Crypto.

Bilaxy Deposit and withdrawal options vs competitors

Bilaxy OKX Kraken
Bank transfers No No Yes
Bank card No Yes Yes
Crypto Yes Yes Yes
PayPal No No Yes

What is Bilaxy minimum deposit?

The minimum deposit at Bilaxy is 1 USD/USDT or 0,00001 BTC. The minimum trade size is 1 USD/USDT, which also serves as the minimum amount required to start trading on the platform.

Bilaxy minimum deposit vs competitors

Bilaxy OKX Kraken
Minimum deposit, USD or USDT 1 10 10
Minimum deposit, BTC 0,00001 0,0005 0,0001
Minimum trade amount, USD/USDT 1 0,00001 1

Does Bilaxy support fiat money?

Bilaxy supports fiat currency trading and account funding. The following fiat currencies are accepted:

Score:
3.5/10

Supported coins & markets

Bilaxy received a score of 3.5/10 in this category, indicating a modest offering of assets and markets. While Bilaxy covers essential trading functions, the number of supported coins, fiat currencies, and investment tools may be insufficient for users seeking more comprehensive options.

Advantages
  • Staking available
  • Fiat currencies supported
Disadvantages
  • Crypto futures not available
  • Copy trading not available

Bilaxy supported coins and markets vs competitors

We compared Bilaxy with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.

Bilaxy OKX Kraken
Supported coins 128 329 278
Futures/Perpetual contracts No Yes Yes
Options No Yes No
NFTs No Yes Yes

Bilaxy passive income options vs competitors

We also compared Bilaxy with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.

Bilaxy OKX Kraken
Staking Yes Yes Yes
Yield farming No Yes Yes
Copy trading No Yes Yes

Contacts

Foundation date 2018
Registration address Hong Kong
Official site https://bilaxy.com/
Contacts

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