Bilaxy is the worst CEX in crypto. If you are considering trading there please listen to me and don't do it! It's driving me crazy! I can't buy, I can't sell.
Every time I try to buy the price goes up, I try to adjust the buying price every time but somehow I can't buy because someone else sells it higher. It's as If I was the only person trading there. It's been days I can't sell my eth because somehow the price keeps falling lower and lower every time I try to sell ????
Stay away! + Can't withdraw because of high fees. If I withdraw half of my eth will be Bilaxy fees (crazy). I just want to turn my eth into USDT and withdraw through Tron (5$ fees) but Bilaxy won't let me turn my eth into usdt! Probably because they want me to withdraw my ETH directly so they get half of my ETH in withdrawal fees. Fucking scammers.
After some google research I found this article:
Bilaxy do have a multitude of low cap coins but it is not worth it. Due to their liquidity issues you will always be buying and selling at a bad price (big spread). If that wasn't bad enough, sometimes Bilaxy would not fill the order completely and leave a portion that is below their minimum (their minimum to use). You cannot do anything with that money anymore. It is gone. Unlike Kucoin and Binance which give you the option to convert all the small change and residues of previous transactions into their local token and hence accumulate them, Bilaxy doesn't give you that option even though they do have their own token.
UPDATE: I finally sold at loss. Withdraw still processing though. I will let you know if I receive my funds.
FINAL UPDATE: Received the usdt. Lost 25% of my initial money. ????
FINAL FINAL UPDATE: After selling ocai at 0.8 and after being traded at 0.7-0.8 for days, now OCAI (literally 1h after I sold) is trading at 0.96 in Bilaxy ???????????? ????οΈ????οΈ????οΈ FUCK OFFFF
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