RESEARCH & ANALYSIS
FOR THE CRYPTO ECONOMY.

B2BX

B2BX Exchange Review

Centralized

B2BX Overview

  • B2BX Exchange seeks to provide its users with a safe trading space for major digital assets & cryptocurrencies. At the moment, these include BTC, ETH, LTC, BCH, DASH, XMR, USDT, OMG and B2BX. These can be traded against USDT, BTC and ETH.
    The main feature that B2BX Exchanges differentiates itself from other exchanges is that its layout benefits the users entirely. Even if you are an inexperienced trader with little to no experience, once you have verified your account, you can begin trading through the intuitive interface available.
    B2BX Exchange also offers 9 types of orders, that are suitable for both amateur or advanced traders. Users can also access their orders history that includes details such as date, instrument, volume and fees on all transactions without leaving the trading platform. What makes trading easier through B2BX Exchange is the range of tools that the system offers its users to technically analyze trades, these being displayed in a ‘live’ data feed. These tools help you discover the markets easier and also decide which currencies to trade.
    Regarding fees, the exchange seeks to reward its loyal members as verified customers benefit from 0,15% maker-fee and 0,17% taker-fee for crypto-crypto pairs ( compared to 0.24% maker-fee and 0.26% taker-fee for non-verified ones) and 0,25% maker-fee and 0,28% taker-fee for fiat-crypto pairs ( compared to 0,39% and 0,43%).
    Loyalty is also rewarded through the B2BX loyalty token that offers 35% discounts on commissions by simply enabling payment for fees with the B2BX token.
    Another feature of B2BX exchange is security conferred through easy deposits and withdrawals via B2BINpay, a secure provider of cryptocurrency payment gateway. Additionally, your personal funds are stored on cold wallets leaving only a small part on warm and hot wallets. Extra-security steps can be taken through the 2ndfactor authentication measure.

    B2BX Exchange Review, Trading Fees, Deposit and Markets

    • 24h Trading Volume

      1056.697 BTC

      • B2BX Total Trading Pairs

        46

        • B2BX Margin Trading

          Yes

          • B2BX Deposit fees

            Free

            • B2BX Fiat Deposit

              None

              • Accepted Payment Method

                None

                • B2BX Native token

                  Yes

                  • Native token smart contract

                    N/A

                    • B2BX Trading Markets
                      • B2BX Stablecoins trading

                        B2BX Withdrawals

                        • Daily Withdrawal Limit

                          depends on currency

                          • B2BX Withdraw fees

                            BTC – 0.0005 BTC

                            ETH – 0.01 ETH

                            LTC – 0.002 LTC

                            Full list of fees can be found here

                            • B2BX Withdraw fees discount

                              Discount for members of B2BX’s Loyalty Program

                              Maker: 0.1 %

                              Taker: 0.12%

                              • Proof of Reserves

                                N/A

                                B2BX Exchange Rating Analysis

                                Last edit 17.07.2019

                                • The B2BX exchange has been operating under a license received from the Estonian authorities since Nov 2018, and allows users to trade Crypto against USD, while also allowing EUR deposits.
                                  Their coin selection is not too small but also quite modest, with 11 large-cap coins available to trade; They have recently de-listed OMG without a good explanation. We believe it is because either the trading pair does not attract enough volume to justify its maintenance or it may provide a regulatory problem.
                                  After studying the exchange’s volume and trading patterns, we came to the sad conclusion that most of the volume B2BX displays is faked and does not represent an accurate picture of what’s going on at the exchange at all. This only raises our suspicions that the exchange is involved in other shady business, although we currently do not have another thing to point to as suspicious behavior.
                                  Operating under regulatory supervision, B2BX requires all users to undergo KYC procedures prior to start trading, even crypto against crypto.
                                  Their fees are quite high, although according to the services they provide – namely crypto-fiat trading – these fees are not unheard of.
                                  No-one online claims to work at B2BX; instead, we believe the operating team to be the same as its parent company, B2Broker, and its team members have no publicly available information as to what experience they have had before founding B2Broker and we did not find any person which actively controls Risk at the exchange – on the B2Broker “about” page, it is stated John Murillo occupies that role but we were not able to confirm this in any other place; namely, interviews with him.
                                  To conclude, while we do not believe B2BX to be knowingly operating an illegitimate operation, they do apparently fake their volume numbers – a very concerning fact – and there are several key metrics which prevent us from recommending the exchange.

                                  B2BX Exchange Additional Information

                                    • B2BX Headquater

                                      Russia

                                      • B2BX Establish date

                                        2017