Chicago-based Beaxy Exchange has just added two Bitcoin SV (BSV) trading pairs—BSV/USD and BSV/BTC—following a partnership with Fabriik Markets. This makes Beaxy the latest exchange in the United States to create an on/off-ramp to BSV.
Fabriik Markets will be providing liquidity and market-making services for the trading pair while Beaxy will be giving American citizens in 42 states an easy, safe, and compliant way to enter and exit BSV.
“There have been very limited options for those in the United States to buy or sell Bitcoin SV safely and with convenience,” said Director and Co-President of Beaxy Exchange, Bay Abbott.
“For that reason, along with all of the interest we’ve seen from our community, Beaxy Exchange is thrilled to offer new markets for BSV that were otherwise inaccessible to a large portion of the total crypto market. This is a great opportunity for the global audience as well, as Beaxy will provide fiat on and off-ramps for traders using the USD, EUR, GBP, JPT, CAD, and AUD.”
Bitcoin onramp, offramp for Americans
Although solutions are quickly arising, American’s have far fewer onramps and offramps into Bitcoin (BSV) than the rest of the world. Only a handful of service providers in the United States offer BSV support, but many believe that number will rise as the demand for Bitcoin (BSV) continues to grow globally.
“We are excited to partner with Beaxy to support their customers’ needs around Bitcoin SV liquidity,” said General Manager of Fabriik Market, Steven Walt. “Beaxy is an established and well-respected brand within the digital asset space, and we look forward to fusing our technology and liquidity to support their growth.”
The addition of BSV on Beaxy Exchange is a positive for the Bitcoin ecosystem, or as Jimmy Nguyen, the president of the Bitcoin Association would say, “it’s a win.” The more liquidity a trading pair has, the better, and the more exchanges that add BSV, the larger the liquidity pool will grow.
If you live in the United States and are looking for a BSV onramp or offramp, you should give Beaxy Exchange a try.
See also: Bayesian Group presentation at CoinGeek Live, Modern Finance on the Bitcoin SV Blockchain
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