Beldex is one of the world’s first cryptocurrency exchanges to be powered by a privacy coin. The Beldex coin (BDX) refurbishes Monero’s cryptographic privacy and takes it to a whole new level. Regular cryptocurrencies reveal too much information that can be linked to personal identities. This information includes the amount, sender address and receiver address of a user. A privacy coin’s blockchain conceals such critical information.
How does it work?
Posting your wallet’s public address anywhere on the internet, to send or receive coins, will be a train-wreck to your privacy. What you can do to protect your privacy is to make use of stealth addresses. Beldex cloaks the receiver and sender address using stealth addresses. Users can post their stealth address anywhere and it cannot be linked back to their public address. This makes your transaction untraceable. To conceal amounts sent or received in a transaction, Beldex utilizes RingCT.
How to buy BDX with crypto
The Beldex coin can be bought in a number of ways. One way to buy the coin is on an exchange that supports it. BDX is currently supported by STEX, BTCAlpha, and IDCM.
Follow the steps below to buy BDX on these exchanges.
- Register with the exchange.
- Deposit any supported cryptocurrency that you hold.
- Sell it for BDX.
It is as simple as that. When the Beldex crypto trading platform goes live, you can trade BDX for any of the supported coins: BTC, ETH, LTC, DASH, XMR, and USDT.
How to buy BDX with fiat
Beldex is working with exchanges that support the buying of crypto with fiat. You can buy any crypto with fiat on such an exchange and trade it for BDX. At present, Beldex is working to implement the buying of crypto with fiat to provide you with the best cryptocurrency exchange and a single solution for your trading requisites.