Upon checking the reviews of Bilaxy exchange,it involves is shady activities most of the time and it even list tokems and coins without asking the project team which is kind of red flag to be considered as trustworthy. So I won't trust their current trading volume for the project you are talking about and wait for the Kucoin's volume.
This is the saddest thing about Bilaxy exchange, shitcoins with shady volumes would tend to exist because of this. I felt devastated for those years holding a token without a good future, and yet seen my holdings been listed to that exchange. From now on, we should be picky in joining bounty project or even crypto project with strong dedication to list their asset on trusted trading site like binance or the said Kucoin.