Bibox Exchange Review

Bibox AI Enhanced Digital Asset Exchange Review

Bibox Review – Top Things You Need To Know

Bibox is an exceptional cryptocurrency exchange which utilizes AI improved and even encrypted algorithm to help in optimum transactions and trades. The exchange had been launched in 2017 as well as is possessed and run by an advanced team of the Chinese cryptocurrency and blockchain professionals. Read this Bibox Review to learn more.

The team comes with the “Co-founder” of OKCoin as well as other founding associates of Huobi.com that are among 2 of the biggest cryptocurrency trades in China and around the world.

On the other hand, this doesn’t mean that the exchange can’t be trusted. Not to mention, we must dig deep into aspects which constitute this particular “cryptocurrency exchange” and then see exactly what sets the Bibox aside from the competitors and regardless of whether they are worth to be trusted.

Exchange Platform:

Needless to say, Bibox provides their traders a great web-based exchanging platform which is directly accessible from the website of Bibox. This “exchanges platform” is designed beautifully for the simplicity as well as knowledge of almost all its excellent features. The traders hold the option to enjoy a “basic platform” mode or even a “full-screen platform” mode. On the other hand, the second option is fairly more superior and developed for the professional traders who need to use the specialized analysis tools supplied. However, both the versions of platform provide the similar features and only use a new layout.

  • Exchange Markets:

At the same time, Bibox is actually a “cryptocurrency-exchange” and provides cryptocurrency assets only to be exchanged. Basically, no “fiat-currencies” tend to be supported on Bibox exchange, the traders will need to get their “cryptocurrency” from somewhere else before using Bibox exchange. With that in mind, the marketplaces in which the cryptocurrencies can easily be exchanged are DAI (dai), USDT (Tether), BTC (Bitcoin) and ETH (Ethereum). The DAI (dai) cryptocurrency is known as a decentralized steady coin similar to Tether.

  • Fee:

The traders who buy Bibox Token of Bibox can easily use this to pay the discounted fee on “Bibox” trading exchange. It offers a reason for the traders to purchase and hold Bibox Token. The traders who don’t hold token are susceptible to spending a very low 0.1% trading charge on all the trades. You will find no fees to deposit cryptocurrencies, however, withdrawing the cryptocurrency from exchange includes 1% charge of withdrawal amount having a lowest of 15$ withdrawn.

  • Support:

The support team of Bibox can be attained via support ticket or email system. Based on the users of Bibox, the support provided by the exchange is extremely good and specialists reply in a professional and prompt manner. It is a good idea as the crew behind the Bibox is extremely responsive and competent to most of the help requests themselves.

  • Pros:

  • Reduced trading fees
  • Incredibly easy to navigate and use
  • A large variety of the cryptocurrency assets
  • An advanced trading system with the AI features
  • Cons:

  • It’s not a controlled exchange
  • It doesn’t support fiat currencies

Conclusion:

Upon reviewing this Bibox “cryptocurrency-exchange”, it grew to be proven that this exchange provides outstanding cryptocurrency trading solutions. Bibox provides a wide number of cryptocurrencies for exchanging in many marketplaces. The platform and website operate quite efficiently, and even the customer service is very good at the same time. On the whole, “Bibox exchange” is quite a good exchange along with good trade volume as well as surprisingly low fees.

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