House” News Release” Jack C. Liu closes financial investment in BOEX.tv, a Continuous Futures platform constructed on Bitcoin SV
BOEX Ltd is a Singapore-based start-up constructing an onchain Perpetual Futures trading platform. Today they revealed closing a financial investment round with Jack C. Liu, creator of RelayX. The financial investment will be utilized to continue advancement and development of the BOEX platform.
Since the launch of BOEX.tv, the platform has:
- Supported over 7,500 BSV ($ 1.29 million) in trading volume from over 6,000 special traders, with traders mainly from Asia.
- Launched 4 trading sets for perpetuals and alternatives trading markets.
- Pooled liquidity of over 3,265 BSV ($561,580) and growing.
Perpetual futures were just recently released by BOEX on October 6th and reached a day-to-day trading volume of over 1000 BSV in current days. As part of a marketing very first month, BOEX is presently not charging any costs and traders who lose or recover cost on trades receive trade loss mining of BOEX tokens. Existing trading sets offered are BSV, BTC, BCH and ETH with more to come.
BOEX today supports combinations with Money Button, Dot Wallet and RelayX, with other wallet combinations like Volt and Handcash to be included. Trading is done totally onchain, indicating users gain from non-custodial management of their funds. With continued enhancements to their UI, BOEX intends to end up being a leading trading platform in the BSV community.
Speaking on the closing of the round, Justin, creator of BOEX stated:
” We are extremely pleased to get financial investment from Jack Liu who has a great history of dealing with effective groups in the exchange area for several years. Our group is concentrated on providing the very best item experience for trading onchain derivatives for a worldwide userbase.”
Speaking on his financial investment into BOEX Ltd, Jack C Liu stated:
” BOEX has actually constructed an excellent neighborhood and a leading continuous futures item in a brief amount of time. I’m eagerly anticipating assisting Justin broaden globally with their upcoming releases.”
The financial investment leads the way for the group to decentralise the trading procedure even more with usage of Bitcoin script. It likewise indicates the start of more powerful cooperations and interactions in between the English speaking side and the Chinese speaking side of the Bitcoin SV area.
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