Binapex cryptocurrency exchange offers $50 welcome bonus

Schwarzenberg

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Activity: 193

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Quote from: Akiko on April 13, 2020, 10:25:57 AM

Quote from: Schwarzenberg on April 13, 2020, 09:45:51 AM

As COVID19 spreads on, many companies have shut down for quarantine or allowed their employees to work remotely. Binapex exchange team assures that the quality of service will not be influenced by the current situation and the exchange will operate normally.
In the meantime, take all the recommended safety measures and stay home!

Do you still have this $50 signup promotion?

If not then you can edit the title and removed the $50 promotion.

And if that proMotion still running is this one is widrawable or can only use as transaction/widrawal fees using that exchange.

The promo has already finished. Stay tuned for new upcoming promo!

Akiko

full member

Activity: 896

Merit: 198

Quote from: Schwarzenberg on April 13, 2020, 09:45:51 AM

As COVID19 spreads on, many companies have shut down for quarantine or allowed their employees to work remotely. Binapex exchange team assures that the quality of service will not be influenced by the current situation and the exchange will operate normally.
In the meantime, take all the recommended safety measures and stay home!

Do you still have this $50 signup promotion?

If not then you can edit the title and removed the $50 promotion.

And if that proMotion still running is this one is widrawable or can only use as transaction/widrawal fees using that exchange.

Schwarzenberg

member

Activity: 193

Merit: 47

As COVID19 spreads on, many companies have shut down for quarantine or allowed their employees to work remotely. Binapex exchange team assures that the quality of service will not be influenced by the current situation and the exchange will operate normally.
In the meantime, take all the recommended safety measures and stay home!

Schwarzenberg

member

Activity: 193

Merit: 47

Our experts are working hard to present a better interface. You will see it pretty soon!

GDaria

newbie

Activity: 6

Merit: 0

Nice of you to reduce the fee and finally add fiat. Yet in your Twitter you said something about upcoming new interface. When do we expect that?

Schwarzenberg

member

Activity: 193

Merit: 47

Dear traders! We are excited to announce that Binapex REDUCED MARKET FEES TO 0,05%!!! More details here: https://binapex.com/en/cryptocurrency_exchange/information/fees/

Schwarzenberg

member

Activity: 193

Merit: 47

Quote from: squatter on January 14, 2020, 04:56:33 PM

Quote from: Schwarzenberg on January 14, 2020, 09:52:42 AM

Binapex crypto exchange reqires KYC only if you plan to trade on margin market. You do not have to pass KYC to withdraw or to trade on regular market.
All the documents can be sounf here: https://binapex.com/en/cryptocurrency_exchange/information/about/

You should explicitly state your AML/KYC policies. This page indicates that KYC is mandatory:

Quote from: hugeblack on January 14, 2020, 05:49:10 AM

This information is wrong. As long as you impose exchange pairs that deal with fiat money (X crypto/ USD,) you must submit to identity verification procedures.
In other words, the platform does not impose restrictions on identity is wrong information.

That's not necessarily true. Bitfinex operates USD markets and does not mandate KYC. BTC-e did the same for many years. Binapex appears to work with 3rd party fiat processors like PerfectMoney who implement their own KYC.

Quote from: hugeblack on January 14, 2020, 05:49:10 AM

where is the platform is located? Can you provide any legal documents?

Republic of Seychelles
Company #8424785-1
https://binapex.com/uploads/Corporate_Binapex_COI.pdf

I can't locate a Seychelles corporate registry to verify, though.

We may request a trader to pass the KYC procedure in case our system detects suspicious actions from that account. You must understand that we take our security very serious, as well as safety of our clients and in such situations we do what has to be done to prevent violations of Binapex rules.

As for the company registration and location, we have provided all the documents needed.

squatter

legendary

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STOP SNITCHIN'

Quote from: Schwarzenberg on January 14, 2020, 09:52:42 AM

Binapex crypto exchange reqires KYC only if you plan to trade on margin market. You do not have to pass KYC to withdraw or to trade on regular market.
All the documents can be sounf here: https://binapex.com/en/cryptocurrency_exchange/information/about/

You should explicitly state your AML/KYC policies. This page indicates that KYC is mandatory:

Quote from: hugeblack on January 14, 2020, 05:49:10 AM

This information is wrong. As long as you impose exchange pairs that deal with fiat money (X crypto/ USD,) you must submit to identity verification procedures.
In other words, the platform does not impose restrictions on identity is wrong information.

That's not necessarily true. Bitfinex operates USD markets and does not mandate KYC. BTC-e did the same for many years. Binapex appears to work with 3rd party fiat processors like PerfectMoney who implement their own KYC.

Quote from: hugeblack on January 14, 2020, 05:49:10 AM

where is the platform is located? Can you provide any legal documents?

Republic of Seychelles
Company #8424785-1
https://binapex.com/uploads/Corporate_Binapex_COI.pdf

I can't locate a Seychelles corporate registry to verify, though.

Schwarzenberg

member

Activity: 193

Merit: 47

Quote from: hugeblack on January 14, 2020, 05:49:10 AM

Quote from: Schwarzenberg on December 02, 2019, 08:16:29 AM

KYC is not required at Binapex exchange. You can trade and withdraw profit received by trading using bonus funds without uploading perconal information.
All information about Binapex is provided on the website, you can easily check it.

This information is wrong. As long as you impose exchange pairs that deal with fiat money (X crypto/ USD,) you must submit to identity verification procedures.
In other words, the platform does not impose restrictions on identity is wrong information.

where is the platform is located? Can you provide any legal documents?

Quote from: sunsilk on December 02, 2019, 07:56:04 PM

They have a high limit for unverified users, it's 100BTC per month for deposits and withdrawals while for verified accounts, they have 500BTC for the same.

Again, you are mistaken, many countries impose restrictions on what are known as anti-money laundering, and that have 5000 dollar limits in many countries.
100BTC is a large sum, and no country allows it to trade without identity restrictions.

Binapex crypto exchange reqires KYC only if you plan to trade on margin market. You do not have to pass KYC to withdraw or to trade on regular market.
All the documents can be sounf here: https://binapex.com/en/cryptocurrency_exchange/information/about/

hugeblack

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Buy/Sell crypto at BestChange

Quote from: Schwarzenberg on December 02, 2019, 08:16:29 AM

KYC is not required at Binapex exchange. You can trade and withdraw profit received by trading using bonus funds without uploading perconal information.
All information about Binapex is provided on the website, you can easily check it.

This information is wrong. As long as you impose exchange pairs that deal with fiat money (X crypto/ USD,) you must submit to identity verification procedures.
In other words, the platform does not impose restrictions on identity is wrong information.

where is the platform is located? Can you provide any legal documents?

Quote from: sunsilk on December 02, 2019, 07:56:04 PM

They have a high limit for unverified users, it's 100BTC per month for deposits and withdrawals while for verified accounts, they have 500BTC for the same.

Again, you are mistaken, many countries impose restrictions on what are known as anti-money laundering, and that have 5000 dollar limits in many countries.
100BTC is a large sum, and no country allows it to trade without identity restrictions.

Schwarzenberg

member

Activity: 193

Merit: 47

Dear Traders!
We are excited to announce that from now on Binapex crypto exchange accepts USD deposits through ADVCash and PerfectMoney!

ADVCash is a multifunctional payment hub and e-wallet trusted by millions of users.
PerfectMoney is a payment system, which delivers the safest and easiest financial service of money transfers.

In addition you may buy BTC with credit or debit card via Koinal payment system!

sunsilk

hero member

Activity: 2884

Merit: 620

Quote from: harizen on December 02, 2019, 06:15:59 PM

What are the restrictions for unverified users?

Since you mentioned that anyone can withdraw without uploading personal information, it means you have the usual tier system?

What's the limit for unverified users for both deposits and withdrawals? I can't see it on the site or maybe I missed it.

They have a high limit for unverified users, it's 100BTC per month for deposits and withdrawals while for verified accounts, they have 500BTC for the same.

They also have it on ETH.

https://binapex.com/en/cryptocurrency_exchange/information/fees/

harizen

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For support ➡️ help.bc.game

Quote from: Schwarzenberg on December 02, 2019, 08:16:29 AM

KYC is not required at Binapex exchange. You can trade and withdraw profit received by trading using bonus funds without uploading perconal information.

What are the restrictions for unverified users?

Since you mentioned that anyone can withdraw without uploading personal information, it means you have the usual tier system?

What's the limit for unverified users for both deposits and withdrawals? I can't see it on the site or maybe I missed it.

Schwarzenberg

member

Activity: 193

Merit: 47

Quote from: bittraffic on December 01, 2019, 01:47:58 PM

Quote from: Rozanna84 on December 01, 2019, 12:43:29 PM

Hey! Can i withdraw money to my bank card?

There is no assurance that you can withdraw it. You may not likely able to unless you submit documents for KYC that's the trade of it. Save yourself from troubles.

They didn't provide information about them, this must be a creepy exchange and that $50 is probably the token they have like BACIX worth $50.

KYC is not required at Binapex exchange. You can trade and withdraw profit received by trading using bonus funds without uploading perconal information.
All information about Binapex is provided on the website, you can easily check it.

Schwarzenberg

member

Activity: 193

Merit: 47

Quote from: Rozanna84 on December 01, 2019, 12:43:29 PM

Hey! Can i withdraw money to my bank card?

As soon as we add fiat to our platform, you will be able to withdraw to your bank card.

bittraffic

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#SWGT PRE-SALE IS LIVE

Quote from: Rozanna84 on December 01, 2019, 12:43:29 PM

Hey! Can i withdraw money to my bank card?

There is no assurance that you can withdraw it. You may not likely able to unless you submit documents for KYC that's the trade of it. Save yourself from troubles.

They didn't provide information about them, this must be a creepy exchange and that $50 is probably the token they have like BACIX worth $50.

Rozanna84

newbie

Activity: 3

Merit: 0

Hey! Can i withdraw money to my bank card?

Schwarzenberg

member

Activity: 193

Merit: 47

Quote from: Slow death on November 01, 2019, 04:31:39 PM

https://binapex.com/en/cryptocurrency_exchange/legal/aml-and-kyc-policies/

https://binapex.com/en/cryptocurrency_exchange/information/about/ ( has no information about who owns the exchange )

You guys are anonymous, but you want other people to do KYC?

Hi! Thank you for your reply! We have provided the number of registration, you can freely check it.
As for KYC, unfortunately those are the standard requirements, we hope for your understanding.

carlfebz2

hero member

Activity: 2926

Merit: 722

Quote from: Slow death on November 01, 2019, 04:31:39 PM

https://binapex.com/en/cryptocurrency_exchange/legal/aml-and-kyc-policies/

https://binapex.com/en/cryptocurrency_exchange/information/about/ ( has no information about who owns the exchange )

You guys are anonymous, but you want other people to do KYC?

Already a red flag thats why its risky to trust up new platforms specially if devs/teams are anonymous since they can ran off their users funds anytime as they like since they havent known yet.

When it comes to bonuses then it always be tied up with KYC verification before you would able to claim these bonuses.Typical stuff just like we have seen on XLM airdrops.
$50 is somewhat decent though but i wont bite it up.

Slow death

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Leading Crypto Sports Betting & Casino Platform

https://binapex.com/en/cryptocurrency_exchange/legal/aml-and-kyc-policies/

https://binapex.com/en/cryptocurrency_exchange/information/about/ ( has no information about who owns the exchange )

You guys are anonymous, but you want other people to do KYC?

Topic: Binapex cryptocurrency exchange offers $50 welcome bonus (Read 276 times)