Beaxy, an upcoming all-in-one crypto exchange platform, revealed yesterday that it is planning to launch at Consensus 2019 during New York Blockchain Week, with a launch party on May 13.
BEAXY LAUNCH ANNOUNCEMENT: We're excited to announce that we're aligning our launch date with #blockchainweek at #Consensus NY! It made sense to launch our exchange platform around one of the biggest crypto events of the year. Keep reading for important information about launch.
— Beaxy Exchange (@BeaxyExchange) April 26, 2019
According to the announcement, the first round of listings will be split into two categories, with the following pairs available first for deposits 24-hours before live trading begins.
The rest of the first round pairs will be added with the launch of live trading but will be in post-only mode for 10 days of order book building to ensure liquidity. The next few rounds of listings will come over the following 2-3 months.
Also important to note… we will be celebrating our full platform launch at “The Blockparty” event Monday the 13th at Consensus, hosted by Blockparty. Come join us to celebrate this momentous occasion! You can check their twitter page @goblockparty for more details.
— Beaxy (@BeaxyExchange) April 26, 2019
This news comes just as Digitex, another highly-anticipated crypto exchange, postponed its April 30 launch date for the foreseeable future after realizing the futures exchange had fatal flaws. DGTX crashed more than 70% on the news, erasing around $58 million from the exchange token’s market cap.
However, it looks like Beaxy has all of its ducks in a row leading up its launch thanks — at least in part — to a partnership with OneMarketData. If screenshots of functionality can be trusted, the exchange will have a bevy of order options that put it in a league of its own in the crypto space.
Investors interested in registering for Beaxy before the actual launch can do so here.
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.