SEC Sues ‘Chicago Crypto Capital,’ Employees for Illegally Selling BXY Tokens

beaxy token sale

Deposits went live on June 8th, followed by live trading from June 18th, so the platform is only a few weeks old at this point. Plus (PLS) was introduced as a token to be used in the loyalty program for qualified holders of BXY and cannot be transferred out of exchange (more on this later). Any tokens that remain unsold in the private sale will be available for purchase directly on the platform after launch for the following 100 days.

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beaxy token sale

For any terms or metrics specific to this post, I will provide explanations besides the figures. One of the key ingredients of Beaxy Exchange is ‘Transparency.’ It’s one of the values I hold close to my heart and find more than important for a project. Beaxy always has the best interests with their community and investors and that’s why they have no problem being transparent. One of the things we all want in crypto is mass adoption, what do you need for that?

Cutting Total Supply In Half

  • This absolutely reads like a playbook for how the SEC could sue Coinbase, if that situation doesn’t resolve with a settlement or non-action.
  • Any tokens that remain unsold in the private sale will be available for purchase directly on the platform after launch for the following 100 days.
  • Access order books on par with the largest crypto markets in the world.
  • CCC later neglected to deliver BXY tokens to some of their buyers.
  • We set the Discord up with the highest security-measures, meaning most users won’t bother to join but if they do they are legitimate interested people in Beaxy.
  • Later on, they will ask for a fee depending on the amount of work.
  • The Signals provided on Beaxy allow you to view various crypto market strategies without the elements of human emotion or error coming into play.

OneTick, its flagship software, is a comprehensive suite for time-series data management, real-time event processing and, analytics. Beaxy will have an exclusive partnership with OneTick, meaning no other cryptocurrency exchange will have access to this technology. Everyone knows there are more and more exchanges popping up, it feels almost like every day there is beaxy coin a new one. Where Binance sets a good example, there is still lots to improve for exchanges in the crypto space. For example, an exchange that has no downtime when there is a surge of users due to a huge move in the market. Beaxy has also secured an exclusive partnership with OneMarketData to provide stock market exchange level order book and matching data systems.

beaxy token sale

Buy your stake in the future

SEC Sues ‘Chicago Crypto Capital,’ Employees for Illegally Selling BXY Tokens – CoinDesk

SEC Sues ‘Chicago Crypto Capital,’ Employees for Illegally Selling BXY Tokens.

Posted: Wed, 14 Sep 2022 07:00:00 GMT [source]

Beaxy offers top-notch security by conducting a unique IP whitelisting process, utilizing hot & cold wallets, and having the exchange thoroughly vetted by white-hat hackers. Superior customer service is provided by employing dozens of customer support staff and offering 24/7 live support beginning shortly after exchange launch in June of 2019. Beaxy is an all-in-one exchange created by a group of professional coders & traders.

Track Beaxy Price Today, Live BXY Price Chart & Market Cap

Once you click on an asset with a live Signal, the chart for that asset will appear along with a blue box that shows every strategy available for the asset. Click on a strategy and the technical analysis produced by the artificial intelligence will automatically display on your chart. They misled those investors about how they were handling the token, the complaint https://www.tokenexus.com/ said. As for sell-side liquidity, I found that 5.967mn BXY was available for purchase in the orderbooks, equating to 3.73% of the circulating supply. This is the 4th-highest figure recorded amongst previous reports, suggesting that there is relatively low desire to hold the token at present, despite the multitude of benefits that I shall cover later.

  • There’s a bloody Table of Contents, for fuck’s sake; organised is an understatement.
  • Normally I don’t do a lot for other projects, however, I made an exception for Beaxy Exchange.
  • Further, I found that the top 10 richest addresses control 9.37% of the supply; the top 20 control 13.06%; and the top 100 control 17.13%.
  • The support is amazing and Beaxy really cares about their community.
  • Beaxy has also secured an exclusive partnership with OneMarketData to provide stock market exchange level order book and matching data systems.
  • Well, that’s not an issue with Beaxy because it’s an exchange there is the certainty of a listing, namely on the Beaxy Exchange.

beaxy token sale

The price of the tokens for sale on the platform will be determined by fair market price. All unsold tokens after the on platform sale will be locked away for three years. Everything around us is going digital as daily life moves onto the internet. Cryptocurrencies are simply the next step in the digitization of our world, so you can think of a cryptocurrency exchange as a place to move your money from analog to digital, from paper to bits. Performing such a conversion has the benefit of solving difficult problems surrounding the movement of money in traditional finance. Veteran investors and traders are all too familiar with these problems which is why a new kind of platform was needed – one that speaks the language of both finance and crypto.

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