New Listing | Bitcoin Satoshi Vision (BSV) on Beaxy Exchange

Steve Sofocleous
Beaxy Exchange
Published in
3 min readDec 16, 2020

Beaxy Exchange adds support for BSV deposits, withdrawals, and trading against BTC and USD.

What is Bitcoin Satoshi Vision (BSV)?

Amid the lightning-fast pace at which new cryptocurrency projects are rolling out, the hard forks of 2017–2018 may as well have happened in 1902, thus meriting a quick history lesson. Bitcoin SV (BSV) is a hard fork of Bitcoin Cash (BCH) which was originally hard forked from Bitcoin (BTC).

Designed to be lightweight in terms of both transaction data and the associated network fees, the BSV team has built a robust blockchain infrastructure that can handle far more than a payments network — although it does that masterfully for businesses and individuals alike. Cryptocurrency markets are maturing and with that maturation comes increased regulation. Fortunately, BSV was designed to ease regulatory obstacles for anti-money laundering while striking a balance with the privacy of personal data on the network.

Proponents of BSV emphasize the network’s larger block size which supports higher transaction volumes.

BSV: Ease of Use

The main refrain on BSV’s value is worth repeating — it can scale to support enterprise-level data requirements at a fixed rate which remains stable and therefore predictable. With an average transaction cost less than 1/100th of a US cent, the network features unbounded block cap size with no artificial limit, meaning it can handle a higher daily transaction volume.

The larger fluctuations in ethereum and bitcoin network costs and transaction speeds are often seen as unsuitable for enterprise requirements. One of the companies building on BSV — is Fabriik.

Fabriik is a collective of companies operating in the Fintech and Digital Asset Investment market such as Fabriik Markets which provides smart digital asset services via market making, liquidity provision and OTC services. Fabriik is evolving the financial system to benefit the billions locked out and the billions locked in. Fixing the financial system at its core to truly benefit everyone by creating an open-access marketplace where anyone can transform, hold, trade, and grow any asset they own.

BSV: The Coin

Native Token: BSV

Circulating Supply: 18,562,208

Total Supply: 21 million (Hard Capped)

BSV hit its all-time high in January 2020 at $441.20 and with a 200-day moving average at $185.15378, has been firmly in the top cryptocurrencies by market capitalization since. For those savvy enough to have bought it at launch, it maintains a 97% ROI and looks to have a shot at moving higher if enterprise migrations favor BSV as their primary blockchain provider.

How to buy BSV on Beaxy Exchange

Acquiring BSV has never been easier. Buy, sell, or trade BSV when you create a free account on Beaxy Exchange. Sign up today to access the BSV-BTC and BSV-USD trading pair on a secure, U.S. exchange. On average, Beaxy Exchange registrants pass KYC in five minutes or less. Even better, your crypto assets are secured by Curv custody, and your fiat currency holdings are backed by FDIC insurance up to $250,000.

Creating an account on Beaxy Exchange gives you the power to:

  • Buy, sell, and trade dozens of popular cryptocurrencies
  • Activate Gunbot with a free API slot through our premier partnership
  • Move funds in and out of six global currencies (USD, EUR, GBP, JPY, CAD, AUD)
  • Use profit proven trading tools like Trender and Signals
  • Receive a trading fee rebate upfront when you opt-in to the Deposit Bonus program

Trade BSV

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