Plans

Upcoming Crypto Exchange Beaxy Announces Its First 25 Listings

Beaxy, a soon-to-launch Saint Kitts and Nevis-based platform vying for the title of “best spot cryptocurrency exchange on the market,” has announced its first round of listings.

 

First round listings on Beaxy. Proud to announce none of these projects were charged any listing fee. Share if you see your favorite project!

 
 

According to the announcement, the following 25 cryptocurrencies will be available at launch:

 

Similar to other exchange tokens, Beaxy customers are incentivized to use Beaxy Tokens (BXY) to pay for trading fees, as fees are reduced by 50% compared to when a user trades with Bitcoin or Ethereum. Users can also earn an additional 25% for staking their BXY via a lockup program directly on the exchange.

Beaxy is currently conducting a private token sale for BXY and has already surpassed its soft cap of $4.2 million. The company’s private token sale will last until 600 million tokens are sold and all unsold tokens will be available for purchase directly on the new exchange for 100 days following the launch.

In addition to its desktop retail exchange, Beaxy is planning to launch a mobile trading app, in addition to an OTC trading desk and an ICO launch platform.

 

BEAXY LAUNCH UPDATE: We are launching a private beta before Jan 30th for our community members! You must be in the discord to gain access. This will be the version of the exchange we launch, going through final QA now. Read further for more details on the roll-out plan

 

While the exact launch date hasn’t been announced, Beaxy is planning to go live sometime in Q1 2019, with plans to announce the second round of listings shortly after launching. Interested investors can signup for the exchange as the user portal is now up and running.

More: Beaxy Announcement
Interesting: Binance Launches Dedicated Exchange for GBP and EUR Trading

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.