Established in 2017, Bibox is an online crypto exchange where users can trade a wide range of digital currencies. It offers competitive 0.1% trading fees as well as fee discounts for holders of its native BIX token and desktop and mobile trading apps.
Bibox users can place trades through a web-based interface or a desktop app as well as through an Android and iOS mobile app. The platform also offers its CunBi financial product, which enables users to lock up specific digital assets such as Bitcoin or Bix tokens for a fixed period to earn interest.
Bibox key features Functionality: Bibox operates primarily as a web-based trading platform, with an elegant, user-friendly design almost similar to centralized exchanges such as Binance.
The platform’s features are inclusive of the standard order book, trading history, and responsive charts, basic and full-screen mode along with more advanced technical analysis indicators.
Trading options: Bibox provides its traders with a versatile range of options to cater for beginners to the more experienced traders. Users have access to a plethora of coins, limit and market orders, and have the simplicity of a standard 0.1% trading fee. Additionally, Bibox traders can receive a 50% discount on transaction fees if they pay with Bix or the platform.
Customer support: the site is currently available in English, Chinese, Russian, Korean, and Vietnamese. Bibox also offers a highly responsive support team available 24/7 to help with problems encountered on the exchange.
Additionally, Bibox provides a pre-prepared FAQ and written guides to help new traders navigate different features on the platform. Final Thought Though Bibox is comparatively new and striving to compete with existing Chinese exchanges such as Binance, Oek, and
Huobi Global; the team has managed to gain traction and help generate the exchange throughout both a domestic and international trading community. The team is also working to increase Bibox’s market dominance by incorporating features such as margin trading, open spot transaction, and various machine learning data algorithms.