|Date of foundation|
St. Vincent and the Grenadines
|Types of support|
Russian, English, French, Spanish, Italian, German, Portuguese, Polish, Japanese, etc.
From 18 years
|Number of cryptocurrencies|
|Free Demo Account|
|Types of accounts|
|Execution of orders|
Market Execution (at market price)
|Types of cryptocurrencies|
Bitcoin, Litecoin, Ethereum, Bitcoin Cash, EOS, Ripple
Informative articles, encyclopedia
|A way to store cryptocurrencies|
|Stop Loss and Take Profit Function|
|Exchangeability for fiat currencies|
Working with indicators, graphical tools
History of the coin trade
|Extended AML verification|
RegistrationUp to 15% of the commission amount
Simple and intuitive platform
Russian version of the site
Quick registration process
Promotions for customers
Intuitive trading platform
Futures Trading Simulator
Lack of Fiat
|Date of update|
Bexplus is it a scam? Reviews and description
- 1. Why Bexplus?
- 2. How to exchange cryptocurrency on the platform bexplus.com?
- 3. Verification on the Bexplus platform
- 4. Deposit and withdrawal
- 5. Bexplus Bonuses
- 6. Complaints about Bexplus
- 7. Regulation of the crypto exchange bexplus.com
- 8. Is Bexplus a scam?
- 9. Conclusion
- 10. Reviews
Bexplus is a cryptocurrency trading platform, which appeared at the end of 2017. The company was founded by professionals who have 50 years of experience in the financial sector.
In our review, we will take a closer look at the main features that the project has implemented and find out whether Bexplus is a scam or a reliable cryptocurrency exchange.
Bexplus is a relatively young exchangewhich appeared on the Internet less than two years ago. The project immediately began to actively gain popularity. The interface of bexplus.com is presented in 16 languages, which indicates the orientation of the organization to the international market. The main office of the company is registered in Saint Vincent and the Grenadines, where the project is regulated. Bexplus also has offices in Singapore, Japan, USA and Brazil.
Often exchanges that offer traditional futures trading operate under a standard scheme: the customer buys or sells a cryptocurrency at a given price at a specified time. Bexplus took a different route and provides users with open-ended contracts that mimic the spot market based on margin and have no expiration or maturity. This means that a trader can buy or sell BTC, ETH, LTC, EOS and XRP futures at any price at any time.
Moreover, the platform offers up to 100x leverage for VTC trading. If a user opened a long position when the bitcoin price went up 1%, he can make up to 100% profit. If the user opened a short position, they can also make 100% profit when the price goes down by 1%. The minimum number of cryptocurrencies in futures trading is 0.1 BTC, 1 ETH and 10 LTC. Another advantage is that the project has fast execution of orders and has no delays.
The trading platform itself has a simple and clear interface. An experienced trader can quickly grasp the basic functionality of the site, spending no more than 15-20 minutes. For beginners the site will be especially useful, as for inexperienced traders was created a whole section called "Help Center". There are training articles for users, as well as an encyclopedia with the definition of basic terms.
The bexplus.com platform allows clients to customize the trading interface, which allows them to apply the types of tools that the user needs at the moment. The platform has a variety of tools, indicators and pointers that can be adapted to one's own needs and create a personal strategy for effective trading. The trading platform itself consists of the following sections:
- The choice of a trading pair.
- The graph of the selected pair.
- Graph Setup.
- Active buy or sell orders.
- Data on the trading pair.
- Form of purchase and sale.
- Transaction calculator and margin calculator.
The user also has the ability to set the take profit and stop loss function. In order for clients to have constant access to the trading platform, a mobile application was created. This is a great option for users who do not have access to a computer or laptop. There is both an iOS and Android version.
Among the main advantages of the organization are:
- Russian version of the site,
- quick registration process;
- two-way profit;
- customer promotions;
- margin trading;
- 24/7 feedback;
- intuitive trading platform;
- futures trading simulator.
How to exchange cryptocurrency on the platform bexplus.com?
To start exchanging cryptocurrencies, you first need to go to the "Trade" tab. A trading page opens in front of the user. In the upper right corner, enter the desired amount of cryptocurrency and click on the "Buy" button. Next, a pop-up window will open, where the information about the deal will be indicated, it is necessary to read the data and click on "Ok". An order opens under the chart, you should fill in the specified fields and click on "Confirm".
Verification on the Bexplus platform
There is no verification on the exchange, so it is important to set up a secure profile. To do this, you need to register your account and go to the tab "Settings". From the drop-down list select "Two-factor authentication". The company uses 2fa from Google, which is one of the best options for protecting your profile. The idea is that when logging into an account, the user enters a six-digit code that is randomly generated in a program on the smartphone. The code changes every 30 seconds, which eliminates the possibility of hacking. To set it up, you need:
- In the "Settings" tab, next to "Google Authentication" click on "Binding" and "Download the app to your smartphone".
- Open the application and click the "+" in the top corner.
- Click on "Scan barcode" and scan the QR code on the Bexplus website that is open on your computer.
- Save Code.
It is important to keep the code in a safe place, because it can restore the client's access in case of loss of the smartphone.
Deposit and withdrawal
Please note that you can only deposit directly through the platform in Bitcoin. To enter cryptocurrency, you need to:
- click the "Refill" button in the profile menu;
- on the left side of the page to copy the address of the VTS Wallet;
- Insert the code in the "Recipient's Address" column where you want to transfer coins from.
It is worth noting that on the exchange, there are two accounts where the user can keep his money:
- the trading account is intended solely for trading;
- wallet account is used for bitcoin deposits, transfers to the account for trading or withdrawals. It cannot be used for trading.
Withdrawal of earnings
To make a withdrawal, you must first select an account from which the withdrawal will be made - a trading account or a wallet. You can only withdraw bitcoins. Then you need to perform a few simple actions:
- Insert the address to which the output will be sent.
- Enter the required number of coins.
- Click the "Send" button to receive a confirmation code by email.
- Enter the code and click the "OK" button.
Bexplus Crypto Exchange Commission
Service bexplus.com charges users a fee for each transaction. There are different commissions for different currency pairs:
- BTC/USDT - 0.075%;
- ETH/USDT - 0.151%;
- LTC/USDT - 0.193%;
- EOS/USDT - 0.195%;
- XRP/USDT - 0.195%.
The service also provides margin trading opportunities with 100x leverage. If a user opens and keeps a position open after 0:00 GMT, he will be charged with a 0.1% commission from the contract price as a percentage of the credit. However, if the user closes the position before 0:00 GMT he will not be charged this percentage.
For new customers, the company Bexplus has prepared a welcome bonus. The organizers have developed a rewards program for first-time clients. The program includes a $10 account opening bonus, a $100 deposit bonus, all 10% commission rebates and 10 free bitcoins for transactions using the built-in transaction simulator.
To receive a bonus of $100, you must deposit an amount of at least 0.008 VTB into your account. If a client deposits more than 0.01 VTB, he receives 100% to the deposit amount. The bonus cannot be withdrawn, as it is intended to increase profits from trading.
For those traders who want to receive passive income, a referral program has been developed. The referrer's income depends directly on the volume of his referrals' trading:
- 1 or more referrals (0.001 BTS or more) - 8%;
- from 5 referrals (3 BTS or more) - 10%;
- from 10 referrals (5 VTS or more) - 15%.
Complaints about Bexplus
Although the company has been on the market for almost two years, there are few reviews on the Internet, especially from Russian-speaking users. In general, the platform has a good rating among clients. Of the advantages, users note the presence of margin trading, low commissions and user-friendly interface. Of the disadvantages traders point out the absence of fiat money.
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Regulation of the crypto exchange bexplus.com
Since the financial sphere is quite popular among fraudsters, you should carefully check the availability of a license, as well as the necessary documentation to protect yourself from the experience of cooperation with an unscrupulous organization. Let us consider in more detail how the company is regulated.
There is no information on the official site that the exchange has any license. On the site you can find contact information, as well as the necessary documentation.
Documents from bexplus.com:
User Agreement bexplus.com
"User Agreement" is the main document of the project, which should be read by every user. It contains the basic rules of trading, as well as the duties of the organizers and users. The disadvantage is that the agreement is presented only in English, and this may cause problems for residents of the CIS countries. Let's consider some points in more detail.
The document clearly states that the organizer has the right to block any account if it becomes suspicious or has reason to believe that the user is engaged in suspicious trading or other activity or has violated any of the aforementioned guarantees. This may result in the cancellation of any trades he has entered into. In such a case, the positions will be closed early.
The company has the right, at its own discretion, to close the user's account with 7 days advance notice. Thus, the client has 7 days to close his positions. If his positions are still open after that period, the organizer will forcibly close them and return him all the bitcoins remaining in the account.
Bexplus links to third party web sites that are not affiliated with the company (although Bexplus trademarks, advertisements or links may appear on these sites). The organization may also send email messages to customers containing advertisements or promotional material, including links to third parties. The Company makes no warranty as to the quality, suitability, functionality, or legality of the materials on third party web sites linked to or any products or services available from such web sites. The Service does not control or investigate such third party web sites and assumes no responsibility for any damages arising from the content or accuracy of this material, and any opinion expressed in the material should not be construed as an endorsement or recommendation.
The organizer does not guarantee that the service will meet the user's requirements, namely:
- service will be uninterrupted, timely, safe or error-free;
- the information provided through the service is accurate, reliable or correct;
- any defects or errors will be corrected, the service will be available at any particular time or place.
The user assumes full responsibility and risk of loss as a result of using the service.
In no event will the company, its suppliers or licensors be liable under any contract, negligence, strict liability or other legal or equitable theory for any subject matter of this agreement:
- any special, incidental or consequential damages;
- the cost of purchasing or replacing products or services;
- for interruption of use or loss or corruption of data;
- for any amounts in excess of the fees paid to users hereunder during the twelve (12) month period prior to the cause of action;
- the organizer is not responsible for any failure or delay due to reasons beyond their control.
Neither party shall be liable for delay in performing its obligations due to any cause beyond its reasonable control, including acts of God, riots, wars, malicious acts of damage, fires, power outages, or governmental authority.
You can contact support in one of the suggested ways:
- email: [email protected];
- online chat;
- feedback form.
Is Bexplus a scam?
Bexplus is a young exchange, which appeared on the financial market less than two years ago. In a small period of time, the organization has gained popularity among customers around the world, as evidenced by the multilingual interface. The project is headquartered in St. Vincent and the Grenadines, where the company is regulated. There are offices in Japan, USA, Singapore and Brazil.
The platform provides users with the ability to buy open-ended contracts, which have no expiration or maturity. Thus, the client can buy and sell BTC, ETH, LTC, EOS and XRP futures at any price and at any time period. The site also offers margin trading with up to 100x leverage. Orders are executed immediately, with no delays.
To attract new investments, the organization offers welcome bonuses to new clients. And for experienced traders who want to earn extra income, an affiliate program was developed. Thus, the user can receive up to 15% from the commission of the exchange. In order to provide customers with constant access to the trading platform, a mobile application was developed. Both iOS and Android versions are provided.
Although the project has been on the market for almost two years, you can find quite a few reviews on the Internet. In general, customers are satisfied with the services the company offers, but there are some shortcomings. Having studied in detail the opportunities implemented by the exchange, can we conclude that Bexplus is a scam and swindlers? No, because the organization successfully provides its services all over the world.
Bexplus - a company that appeared on the financial market less than two years ago. The project provides clients with an intuitive platform for cryptocurrency trading. The interface of the site is presented in 16 languages, including Russian, which indicates the orientation to the international market. The clients are provided with favorable conditions for cooperation, bonuses and affiliate program. However the process of trade is risky and many beginning traders do not estimate their possibilities soberly. That's why before starting to work with a trader it is necessary to learn the rules of the project. Now the platform looks good among competitors. If you are or have been a client of the company, please leave your opinion about the exchange on our website to form an independent rating of cryptocurrency exchanges.
- Advantageous leverage, Russian-language interface and no withdrawal... 5 February 2021 at 11:11