On April 1st, 2024, Chainwire announced the highly anticipated launch of BSX, the world’s premier high-performance decentralized exchange. Backed by Base Ecosystem Fund, BSX aims to revolutionize DeFi trading by merging the benefits of centralized exchanges with the self-custody features of decentralized exchanges.
After successfully completing its Public Testnet trading phase in Q1, BSX will begin trading on the Base L2 Mainnet Alpha on April 1st, 2024. Notable investors such as Base Ecosystem Fund, Bankless Ventures, and CMS Holdings, among others, have shown their support for BSX. Additionally, Arthur Hayes, founder and CIO of Maelstrom and co-founder of BitMEX, is advising BSX.
BSX offers a top-notch DeFi trading experience by combining the liquidity and user-friendly features of centralized exchanges with the pricing and self-custody features of decentralized exchanges. Powered by the Base network, BSX ensures lightning-fast transactions and low trading fees, while maintaining transparency and accuracy through on-chain settlements.
Retail traders can easily connect their existing wallets, enable one-click trading, and securely execute trades on-chain. BSX offers a wide range of crypto products, including perpetuals and spot trading, all in one convenient location.
Some of BSX’s core product offerings include low-gas trading, unrivaled performance, self-custody and transparency, and API integrations. Its high-performance trading engine ensures extremely low latency and instant execution, making the trading experience comparable to centralized exchanges. By settling all trades on-chain, BSX eliminates counterparty risks and gives users full control over their funds.
BSX initiated its Private Testnet in November 2023 and its Public Testnet in January 2024, with a robust total trading volume of $5 billion contributed by 5,000 traders. It is set to compete with leading centralized exchanges like Binance and OKX, with crypto perpetuals trading in April and other products to follow later this year.
Join the BSX community on Discord (https://discord.gg/FWdPe5Vgjr) and follow them on Twitter (https://twitter.com/bsx_labs) for updates and announcements. Visit bsx.exchange to start trading and participate in the exciting rewards program for new traders. You can also check out the public docs at https://docs.bsx.exchange/bsx-docs.
For media inquiries or further information, please contact Henry N, Core Contributor at BSX Protocol Foundation, at [email protected].
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