Founded in 2017, Bexplus is a cryptocurrency exchange that allows traders to buy and sell multiple digital assets, including Bitcoin, Ethereum, Litecoin, EOS, and XRP perpetual contracts for futures trading. They are registered in Saint Vincent and the Grenadines with offices in Singapore, Japan, the US, and Brazil. Traders are provided with a proprietary trading platform, along with a good selection of educational resources, while a customer support team is on hand to assist at any point. The exchange offers a wallet account and a trading account with a required minimum deposit of $1 and a leverage of up to 1:100.
Bexplus Review Introduction
In this Bexplus review, we will take a look at some of the most important factors worth considering when choosing a broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my broker reviews. You can also use my free trading tool to compare brokers including Bexplus.
Bexplus Platforms & Tools
Traders are allowed to trade the various offered cryptocurrencies using the exchange’s in-house-developed trading platform. The platform is packed with multiple indicators, which makes for efficient market analysis.
The Bexplus trading platform is available as a WebTrader that can run directly on most modern web browsers, such as Chrome, Safari, Firefox, and Edge, but there is also a mobile app that is designed to run on Android and iOS devices and can be downloaded from the respective app stores. The mobile app makes it possible for clients to place and manage trades from anywhere in the world even while on the go.
Traders are also provided with a range of useful trading tools to make up for those lacking in the trading platform. An example of the extra tools is the trading charts powered by Tradingview.
Bexplus Research & Education
Bexplus provides their clients with a selection of educational resources that are aimed at improving their trading knowledge and keeping them up to date with market events. These include beginner’s guides, articles, and an FAQ section that offers instant answers to some of the most common questions that traders may have.
Bexplus Trading Accounts
The Exchange offers two categories of accounts, namely: Wallet and Trading Account. The Wallet Account is used for bitcoin storage, transferring to the trading account, or making withdrawals but not for trading. The Trading Account, on the other hand, is for trading purposes only.
Demo accounts are also available to enable beginner traders to try out their trading strategies and practice risk-free trading with virtual funds before opening a live trading account.
Bexplus Account Funding
Deposit and withdrawal requests at Bexplus are processed using Bitcoin. The Exchange’s deposit address is a tamper-resistant and multi-signature cold-wallet address.
Bexplus Customer Service
The Exchange offers a client support team that is available 24/7 and can be contacted via email and social media.
Bexplus is licensed by the Financial Services Authority of Saint and the Grenadines. However, some traders may not consider a regulation by a tier-3 financial regulator adequate as it doesn’t compare with that of FCA, CySEC, or ASIC.
Bexplus Review Summary
Bexplus is an online cryptocurrency exchange where traders can buy and sell several digital currencies using an intuitive trading platform that is available in web and mobile versions. The exchange has been in operation since 2017 and has offices in Saint and the Grenadines and around the globe. They also provide traders with some useful trading and learning tools, while a client support team is on hand to assist traders.
It is worth mentioning that some of the trading products and services in this Bexplus review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the Bexplus broker website which you can visit by using the link below.
You should be aware that the risk of loss in trading or holding Digital Currencies can be substantial. As with any asset, the value of Digital Currencies can go up or down and there can be a substantial risk that you lose money buying, selling, holding, or investing in digital currencies.