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Topic: bilaxy.com Exchange legit or not? (Read 689 times)

newbie
Activity: 28
Merit: 0
July 14, 2020, 08:21:44 PM
#44
This is an exchange where some of my bounty coins in the past were listed but they don't have a good volume so I just don't mind them for now.
I am also interested on this thread so I can see some feedback from those who are using the site, based on what I read, this site is not seem to be a good site.

per CMC record, they have over $2 billion trading volume in overall (https://coinmarketcap.com/exchanges/bilaxy/).
Not sure if they are telling the real volume or just faking it.
There are not many investors involved in this exchange, and this exchange often lists famous coins without ever consulting other people, which makes me feel very angry sometimes. However, the liquidity of this exchange is very bad and is the reason that I never use it again because it only makes your investment riskier. Anyway, withdrawals are normal, but the transaction fee here is very high.

Is there a threshold before they practice KYC? I wonder if they say KYC as a cover only.
legendary
Activity: 3150
Merit: 1148
Fully Regulated Crypto Casino
May 18, 2020, 07:34:16 AM
#43
This is an exchange where some of my bounty coins in the past were listed but they don't have a good volume so I just don't mind them for now.
I am also interested on this thread so I can see some feedback from those who are using the site, based on what I read, this site is not seem to be a good site.

per CMC record, they have over $2 billion trading volume in overall (https://coinmarketcap.com/exchanges/bilaxy/).
Not sure if they are telling the real volume or just faking it.
There are not many investors involved in this exchange, and this exchange often lists famous coins without ever consulting other people, which makes me feel very angry sometimes. However, the liquidity of this exchange is very bad and is the reason that I never use it again because it only makes your investment riskier. Anyway, withdrawals are normal, but the transaction fee here is very high.

yes, if you look at their total trading volume, you'll be amaze but most of their low volume coins has a very little liquidity rate.
Good thing CMC added this kind of feature, this would help us in determining if the exchange is liquid or not.

per cmc -  https://coinmarketcap.com/exchanges/bilaxy/

sr. member
Activity: 625
Merit: 250
io.ezystayz.com
May 18, 2020, 07:29:38 AM
#42
This is an exchange where some of my bounty coins in the past were listed but they don't have a good volume so I just don't mind them for now.
I am also interested on this thread so I can see some feedback from those who are using the site, based on what I read, this site is not seem to be a good site.

per CMC record, they have over $2 billion trading volume in overall (https://coinmarketcap.com/exchanges/bilaxy/).
Not sure if they are telling the real volume or just faking it.
There are not many investors involved in this exchange, and this exchange often lists famous coins without ever consulting other people, which makes me feel very angry sometimes. However, the liquidity of this exchange is very bad and is the reason that I never use it again because it only makes your investment riskier. Anyway, withdrawals are normal, but the transaction fee here is very high.
newbie
Activity: 23
Merit: 0
May 17, 2020, 04:31:33 AM
#41
My account has recently been disabled by Bilaxy without any reason. It still has quite a bit of money on it.

I've now been waiting for more than 3 weeks for any reply to my ticket whatsoever.
I still have faith that their support is just very busy and my account will be reactivated soon.
For now I don't recommend people to trade here.

Anyone knows of a way to contact Bilaxy? It seems Bilaxy scammed me out of my account and took my money.
I haven't received any reply to my ticket for over a month now.

Don't use Bilaxy!
hero member
Activity: 3052
Merit: 606
May 12, 2020, 12:43:23 AM
#40
This is an exchange where some of my bounty coins in the past were listed but they don't have a good volume so I just don't mind them for now.
I am also interested on this thread so I can see some feedback from those who are using the site, based on what I read, this site is not seem to be a good site.

per CMC record, they have over $2 billion trading volume in overall (https://coinmarketcap.com/exchanges/bilaxy/).
Not sure if they are telling the real volume or just faking it.
sr. member
Activity: 440
Merit: 250
#SWGT CERTIK Audited
May 11, 2020, 09:55:40 PM
#39
I used to trade at Bilaxy and it was pretty good. Bilaxy is quite reputable but it is not a famous exchange. Besides, it is only on par with Hitbtc, Coinbene. that is equivalent to sending a lot of money at Bilaxy which is very risky and I do not recommend using this exchange. We can choose big exchange like Binance, Huobi to trade, low fee and extremely high volume, safe for your assets as well.
I have never heard of Bil Wax, but I will try to find out after this article because many people are recommending it. However, currently I only use exchanges that are encouraged like Binance or Huobi because these are the two biggest exchanges in the crypto market and still bring a lot of new opportunities for investors.
full member
Activity: 573
Merit: 102
May 11, 2020, 07:45:20 PM
#38
Does anyone have some positive feedback from bilaxy.com exchange here?

I have a token that is listed there, with good volume too (as far as I can see on the site), but before I move my funds there, I need to be sure that there is no scam behind, so please share your experience if there is any

Tnx

I've used bilaxy a couple of time and i must say it's one of the most decent exchanges out there. Muly transactions went smooth without any issue,the volume on virtually all their listed assets is impressive and the easy to use nature of the exchange is amazing. I never had bad experience with them, they are perfect mid-range exchange, i fully recommend them
sr. member
Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
May 11, 2020, 03:48:41 PM
#37
To the best of my knowledge I don't think there is anything wrong with Bilaxy exchange. I have used it several times and there was no issues at all neither have I heard of any issue or negative feedback from anyone, thus I can say they are not a scam exchange. Lastly, just like no exchange can be trusted in the aspect of funds security be it major exchanges or not, in the same way, I can say same about Bilaxy exchange, but apart from that, the exchange is quite good, user-friendly and have fast withdrawal as well.
sr. member
Activity: 2128
Merit: 259
SOL.BIOKRIPT.COM
May 11, 2020, 04:15:01 AM
#36
Does anyone have some positive feedback from bilaxy.com exchange here?

I have a token that is listed there, with good volume too (as far as I can see on the site), but before I move my funds there, I need to be sure that there is no scam behind, so please share your experience if there is any

Tnx

This exchange platform is not a good one, most p the coin listed to this platform are honestly not potential to trade-in.
That's the truth and reality things happen actually, it has a similarity to Latoken I think. Where most of the altcoins are
just a piece of shit sorry for the term.
If will comparing about liquidity, bilaxy exchange legit than latoken. I know that existence of wash trade in bilaxy here i have trading experienced in many times, there no bad reputation still now. It’s quality good from latoken, this is quite known top exchange among of garbage exchanges.        
sr. member
Activity: 854
Merit: 253
l0tt0.com
May 10, 2020, 11:46:14 PM
#35
Does anyone have some positive feedback from bilaxy.com exchange here?

I have a token that is listed there, with good volume too (as far as I can see on the site), but before I move my funds there, I need to be sure that there is no scam behind, so please share your experience if there is any

Tnx
Bilaxy has never had bad news about scam. It's a mid-range exchange and the volume isn't too high either. and so far, it has never scam any user and is quite legit. You can put a little money on it and trade, but I don't encourage you to use a lot of money to trade there. They have no guarantee for your property.
full member
Activity: 504
Merit: 100
Option Blitz
May 10, 2020, 10:41:15 PM
#34
I used to trade at Bilaxy and it was pretty good. Bilaxy is quite reputable but it is not a famous exchange. Besides, it is only on par with Hitbtc, Coinbene. that is equivalent to sending a lot of money at Bilaxy which is very risky and I do not recommend using this exchange. We can choose big exchange like Binance, Huobi to trade, low fee and extremely high volume, safe for your assets as well.
full member
Activity: 1190
Merit: 117
May 10, 2020, 10:40:05 PM
#33
According to the results of an investigation I conducted on bilaxy exchanges, many shitcoins that are listing and also bilaxy have fake volumes.
Plus bilaxy exchanges are not popular, this is enough to convince me to avoid using bilaxy exchanges. Moreover, bilaxy exchanges require KYC
procedures, where our privacy is at stake. In my conclusion too risky to use bilaxy exchanges.
sr. member
Activity: 613
Merit: 254
May 10, 2020, 09:56:27 PM
#32
Trading on Bilaxy is not good for those of you who want to trade quickly because the Voluma exchange market in Bilaxy is good, I suggest you to enter binance or you can see the best exchange here https://www.coingecko.com/en/exchanges
sr. member
Activity: 780
Merit: 251
May 10, 2020, 09:24:23 PM
#31
Bilaxy is a good diversion I have traded coins there and a safe diversion but the volume of transport is not good for people who like to trade coins

full member
Activity: 686
Merit: 102
May 10, 2020, 07:14:13 PM
#30
It is a service I have used for a very short time before and I am not satisfied at all. Many trading pairs have bot transactions and it is almost impossible to trade because of these bots. In addition, I witnessed that they are also very difficult in depositing and withdrawing, as well as many times. If you do not have a special reason to use it, you should definitely not even have a membership in this exchange. As I mentioned, there are too many bot operations, so misleading volumes are formed. For these reasons, I am not satisfied, I stopped using it for a long time and I do not intend to use it again.

Yes, i think you are right. I heard about this exchange last year and i tried to trade here couple of times too. But i didn't because of KYC. You are not gonna withdraw any amount before complete your KYC. This is the worst side of this exchange. I also recognize too there are so many bot trade activity. So many shit coin also down their reputation i think. For my opinion it's better to stay away from this exchange but of course i will hope they will worked on there mistakes and present their exchange properly to us. Cause crypto world need good quality exchanges.
sr. member
Activity: 1918
Merit: 370
May 10, 2020, 03:08:30 PM
#29
Does anyone have some positive feedback from bilaxy.com exchange here?

I have a token that is listed there, with good volume too (as far as I can see on the site), but before I move my funds there, I need to be sure that there is no scam behind, so please share your experience if there is any

Tnx

This exchange platform is not a good one, most p the coin listed to this platform are honestly not potential to trade-in.
That's the truth and reality things happen actually, it has a similarity to Latoken I think. Where most of the altcoins are
just a piece of shit sorry for the term.
Well you have your own judgment on their platform but for me it looks good enough to trade some coins, by far, not most of the coin listed on Bilaxy does not have any potential you just have to look at it in detailed way, It is just that 50 coins by estimation has a low trading volume on that exchange not that bad for an exchange that has been around for just 2 years. Shitcoins are everywhere, even on worlds greatest exchange by now.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
May 10, 2020, 01:31:28 PM
#28
Does anyone have some positive feedback from bilaxy.com exchange here?

I have a token that is listed there, with good volume too (as far as I can see on the site), but before I move my funds there, I need to be sure that there is no scam behind, so please share your experience if there is any

Tnx

I never know that exchange. I think you can try to send some amount to that exchange, and try to sell your token and withdraw your coin to another exchange. If that is safe, you can send another amount back to the exchange and sell it again. I think if you can do that fast, you can still make a profit and you can sell it without waiting for another price. Don't take too long to stay at the exchange, and do it as fast as you can so you can withdraw your profit in a short time. That is what I do if I need to sell the token to the exchange that I don't know.
full member
Activity: 363
Merit: 100
May 10, 2020, 10:20:28 AM
#27
Does anyone have some positive feedback from bilaxy.com exchange here?

I have a token that is listed there, with good volume too (as far as I can see on the site), but before I move my funds there, I need to be sure that there is no scam behind, so please share your experience if there is any

Tnx

This exchange platform is not a good one, most p the coin listed to this platform are honestly not potential to trade-in.
That's the truth and reality things happen actually, it has a similarity to Latoken I think. Where most of the altcoins are
just a piece of shit sorry for the term.
hero member
Activity: 1666
Merit: 629
May 09, 2020, 09:53:36 AM
#26
It is a service I have used for a very short time before and I am not satisfied at all. Many trading pairs have bot transactions and it is almost impossible to trade because of these bots. In addition, I witnessed that they are also very difficult in depositing and withdrawing, as well as many times. If you do not have a special reason to use it, you should definitely not even have a membership in this exchange. As I mentioned, there are too many bot operations, so misleading volumes are formed. For these reasons, I am not satisfied, I stopped using it for a long time and I do not intend to use it again.
newbie
Activity: 23
Merit: 0
May 09, 2020, 06:02:27 AM
#25
My account has recently been disabled by Bilaxy without any reason. It still has quite a bit of money on it.

I've now been waiting for more than 3 weeks for any reply to my ticket whatsoever.
I still have faith that their support is just very busy and my account will be reactivated soon.
For now I don't recommend people to trade here.
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