As I mentioned earlier in one of my articles, I recently became an advisor for Beaxy Exchange. If you have no idea what Beaxy is about, please read my earlier articles about it:

In my Beaxy Weekly Overview, I will talk about all the things that happened previous week for Beaxy Exchange. I hope you like the overview and keep following Beaxy Exchange.

Disclaimer: Never take anything I say (or anyone else on the Internet says) to be investment advice. Consult with a professional, and extensively do your own research before ever investing into anything.

Beaxy and OpenToken

A while ago Beaxy held their Token Sale through OpenToken. Sadly on the side of OpenToken, there have been mistakes. In situations like this Beaxy did what it always does, put their investors and community first and their-self second. Beaxy the exchange by the people for the people!

Hey guys, we understand there is upset regarding the OpenToken refund. This situation is also upsetting to us. First, we never received funds so your refunds will come from OpenToken. Second, we will honor the ETH price at the time of purchase for all who participated in the sale. We will be conducting another sale soon, during which we will honor the USD price of ETH, either from when you purchased, if proof provided, or the price of ETH at the conclusion of the sale as was originally outlined. Please open a ticket at http://support.beaxy.com if interested. Include in your ticket that you participated in the OpenToken sale and any screenshots you may have. Again we sincerely apologize to users for the confusion. This was a situation we didn’t wish to occur, but we will do everything in our power to make it right. Thank you.

Sadly things like this happen, what matters is how you react as a company. Beaxy showed that they know how to interact with their community and how to handle things fair and transparent. Big respect for that.

Beaxy and Paperstreet

The collaboration with OpenToken wasn’t successful so Beaxy decided to partner with Paperstreet for their private token offering. The Beaxy private token offering will be exclusively on paperstreet.vc and will be live in January 2019.

Beaxy Facts

Last week Beaxy tweeted some facts about themselves.

Did you know — Beaxy will be offering a maker rebate on the exchange to incentivize traders and attract greater liquidity. Did you know — Beaxy’s advanced order types will let you ‘set it and forget it,’ meaning your trade setups will automatically execute and help you get better sleep. No more staying up until 3 AM to monitor price.

Co-Founder Nara

Nara is a Co-Founder and Lead of Operations at Beaxy, she introduced herself to the community last week. Just like with Artak there is a lot of passion and devotion and obviously with the right mindset to make a positive change in this crypto world.

Christmas Giveaway

Have you joined the Beaxy Discord? If not, now is a good time as there is a chance to win in Beaxy’s Christmas giveaway. You can join the Discord here.

That’s it for now. All the best to everyone!

Khilone

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