A new listing is always good news. But they do require KYC which I personally hate but others feel comfortable with...
and this...
Beaxy reserves the right to collect User’s identification information for KYC/AML Policy purposes.
User acknowledges and agrees that Beaxy may confirm the authenticity of documents and information provided by the Users and Beaxy reserves the right to investigate certain Users further at any time, verify User’s identity in an on-going basis and request up-to-date documents from the Users, even if User passed identity verification in the past.
I wonder if 1 mill new users subscribe and deposit those $500...will they really match $500 mill within 24 hours? If so that's huge...
Bottom line is it is probably good news for Hive.
It looks like there are quite a few stipulations regarding those bonus funds. Specifically that you have to trade more than 150% of the bonus funds awarded in fees generated within the first 6 months.