A Saint Kitts and Nevis-based cryptocurrency exchange platform is set to be the latest entrant in the crypto industry. Beaxy, whose aim is to rank among the best and indeed create an ultimate all-in-one cryptocurrency exchange, will possibly go live by the end of the first quarter of 2019.

Currently undergoing Beta testing, the exchange has officially announced their first 25 projects that will be available on the platform once it goes live. Along with the 25 projects that will feature once it becomes operational, Beaxy’s ongoing private token sale has already registered a massive $4.2 million soft cap.

There are lots of hopes that it will be among the best up and coming cryptocurrency exchanges given the rave reviews it’s been getting from members of the crypto community. And part of that is the platform’s revolutionary trading engine, its advanced order types and a couple of other incredible features.

Making their announcements via their official Twitter handle, Beaxy listed the entire 25 projects that include all the main coins as well as the other little-known cryptocurrencies. Bitcoin, Ethereum and their very-own Beaxy Tokens lead the line that also includes the likes of LTC, ETC, XMR, NEO, ZEC, XRP, DASH, ICX and several other Altcoins.

There Are Incentives For Those Who Stake Using BXY

Interestingly, Beaxy will entice its users with irresistible incentives. Some of their incentives include paying all trading fees using Beaxy Tokens (BXY) and getting a 50% discount. Additionally, anyone who will stake with BXY will earn an additional 25% that’s topped up on the stake.

Even though the current private token sale has already bypassed their soft cap of $4.2 million, it will remain so until the entire 600 million tokens are sold. However, if there will be any unsold tokens, Beaxy will avail them for direct purchase on the exchange for a period of 100 days from the day it launches officially.

Users of this new exchange will enjoy the convenience of trading on a dedicated Beaxy mobile app. This will ensure augment the use of the exchange besides ensuring that those who can’t access the desktop retail exchange and the ICO launch platform still use the exchange.

No exact date of launch has been announced, though it is highly likely that it will be before the end of the first quarter of the year. Immediately after the site goes live, it has been revealed that the second round of listings will follow soon after. For now, though, anyone who would want to use the exchange can sign up and start trading.

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