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Biconomy has announced the listing of the SpaceX (SPACEX) token for spot trading, allowing users to trade the SPACEX/USDT pair. The token, preSPAX, is designed to track SpaceX's economic performance following a potential IPO.
On May 14, 2026, Biconomy announced the listing of SpaceX (SPACEX), also referred to as preSPAX, for spot trading on its platform. Trading for the SPACEX/USDT pair began at 14:00 UTC that day.
According to Biconomy, the preSPAX token is a digital asset issued by Republic and is intended to track SpaceX’s economic performance following a potential IPO. The announcement includes general background information about SpaceX and standard investment risk disclosures. No promotional rewards or campaign terms are associated with this listing.
Biconomy is a cryptocurrency broker offering access to spot and futures trading with over 230 crypto-to-crypto trading pairs, available through a browser or mobile app. The platform features a demo account, a low minimum deposit, and reductions on trading fees for BIT token holders. For more information about Biconomy’s key features and services, see the broker profile on Traders Union.
For background, the previous Biconomy update on Traders Union covered the launch of Biconomy’s Futures Yield Program, which allows users to earn 6% APY on margin funds while trading futures. For more details on this initiative, see the earlier news about Biconomy.