Bibox Exchange Review 2020: Features, Fees & More

[Nayana Patil]

What is Bibox Exchange?

Bibox is an online crypto exchange where users can trade a wide range of digital currencies against BTC, ETH, USDT, DAI, and BIX. BIX is Bibox’s native token. The Bibox exchange has a highly competent team and platform backing them up but still remains unregulated by any reputable regulatory authorities

Bibox Exchange Fees and Limits

The Bibox trading fee for takers is 0.20%. Makers enjoy a discount on the trading fee and they trade with a trading fee of 0.10%. These fees are quite in line with the industry averages which has historically been 0.25%.

Furthermore, if you trade with the exchange’s own token (the BIX token), you get a 25% discount on the trading fees. This means that the trading fees for such trades will only be 0.15% for takers and 0.075% for makers if trading with BIX.

Conclusion

It is evident that the exchange offers exceptional cryptocurrency trading services. Bibox offers a wide variety of cryptocurrencies to exchange in a number of markets. The website and platform operate very smoothly, and the customer support is pretty good as well.

However, It is unfortunate that this exchange does not offer fiat currency pairings, All in all, the Bibox exchange is a pretty good exchange with decent trade volume and very low fees.

Read more: https://coinpedia.org/exchange/bibox/