A Hong Kong Exchange based in the Seychelles and established 2018. Specializes in providing liquidity for extremely new tokens, often listing them within hours of their debut on decentralized platforms.
Non-KYC Withdrawal Limits: Unverified (Level 0): up to 1 BTC. Unverified (Level 1 phone no.): up to 20 BTC.
Note: Bilaxy is known for being "KYC-light," but their security system is extremely aggressive. If you login from a new IP or withdraw a large percentage of your balance at once, your account will be instantly locked for "Manual Review.”
Overall Reputation: It has a "High Risk / Wild West" reputation. While it is loved by "token hunters" for listing micro-cap gems before any other centralized exchange. It’s viewed as a "use-at-your-own-risk" platform; it is perfect for quick trades and "in-and-out" movements, but the community strongly advises against keeping significant funds there due to the risk of hacks or sudden, unexplained account freezes.
