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Bilaxy Review 2021 - Is It Safe?

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Country: China
Launched: 2018
Site: bilaxy.com
Volume: $ 986,043,033.0
Pairs: 157
Mobile app: iOS, Android
Full address: Hong Kong (The exchange does not disclose the exact location of its office)
Fees: Deposits:
Free

Trades:
All trades are charged 0.15%, This is calculated by taking the (amount * purchase price * .0015).
Any portion of an order that has not to execute, will be refunded fully upon the cancellation of the order.

Minimum Trade Amount:
ETH trading pair: minimum order size is 0.01ETH or 0.01 ETH equivalent.
USDT trading pair: minimum order size is 10USDT or 10USDT equivalent.
BTC trading pair: minimum order size is 0.0003BTC or equivalent.

Withdrawals:
Withdrawal fees are regularly adjusted according to blockchain conditions.
You could also check the withdrawal fee or Minimum Withdrawal on the withdrawal page of the exact token/coin.
A withdrawal fee will be deducted from your withdrawal amount.
Since the blockchain asset has a large price fluctuation in the short term, Bilaxy reserves the right to modify the withdrawal fee according to the current token price and block network situation. Generally, the exact tokens deducted as a withdraw fee will be updated WEEKLY.
Expert Review
May 29, 2020

Bilaxy is a centralized cryptocurrency exchange launched in 2018. Its reported volume is about $98-105 mln. The exchange is available both in English and Chinese versions. 

Bilaxy has 157 available trading pairs and 134 coins. Exchange provides the possibility of trading with a number of different altcoins against the ETH. The traders won’t find fiat currency trading, and also there is no trading against BTC. 

Bilaxy charges a withdrawal fee of 0.01 ETH when you withdraw Ether. Deposits are free on the exchange. 

The exchange demands to complete the KYC verification in order to proceed to trade on the platform. There is a referral program for the exchange users.

Our Score
Functionality 4 / 5
Reputation 4 / 5
Security 4 / 5
Support 4 / 5
Fees 4 / 5
Our Score
4.0 / 5
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User reviews
Marian 02 Jan
1.0

Withdrawal fees are insane! If I want to withdraw my 500$ I need to pay 7000$ as fees! I have my money in Bilaxy from more then one year and I can’t withdraw! Scammers!

Влад 3 June 2021
1.0

Биржа мошенник! Будьте осторожны! Прилагаю скрин. Под видом технического обслуживания кошелька ARRR (Пират) уже неделю как заморозили кошелек и просят немножко подождать, терпеливо, как они сами выражаются. Количество Arrr около 1000 монет.

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Angel 24 April 2021
1.0

Llevo 3 días y aún no me han confirmado un retiro. Lamentable

Salvatore D'Acunzo 7 March 2021
5.0

Efficient

blah 13 February 2021
1.0

very poor. Their platform is excessively slow, they do not offer market trading, do not offer stop loss, plus require bs KYC do not use this exchange

Country: China
Launched: 2018
Site: bilaxy.com
Volume: $ 986,043,033.0
Pairs: 157
Mobile app: iOS, Android
Full address: Hong Kong (The exchange does not disclose the exact location of its office)
Fees: Deposits:
Free

Trades:
All trades are charged 0.15%, This is calculated by taking the (amount * purchase price * .0015).
Any portion of an order that has not to execute, will be refunded fully upon the cancellation of the order.

Minimum Trade Amount:
ETH trading pair: minimum order size is 0.01ETH or 0.01 ETH equivalent.
USDT trading pair: minimum order size is 10USDT or 10USDT equivalent.
BTC trading pair: minimum order size is 0.0003BTC or equivalent.

Withdrawals:
Withdrawal fees are regularly adjusted according to blockchain conditions.
You could also check the withdrawal fee or Minimum Withdrawal on the withdrawal page of the exact token/coin.
A withdrawal fee will be deducted from your withdrawal amount.
Since the blockchain asset has a large price fluctuation in the short term, Bilaxy reserves the right to modify the withdrawal fee according to the current token price and block network situation. Generally, the exact tokens deducted as a withdraw fee will be updated WEEKLY.