RESEARCH & ANALYSIS
FOR THE CRYPTO ECONOMY.

Bibox

Bibox Exchange Review

Centralized

Bibox is an artificial intelligence (AI) enhanced digital asset exchange that is encrypted and based on blockchain technology. A Bibox exchange review reveals that this digital asset exchange, created by Chinese developers, was launched in November 2017 – amidst the rapid price increases experienced during the 2017 crypto bull market. In addition, this exchange seems to be known for providing access to a secure, reliable trading platform that is easy and straightforward to use. It provides all the functionality required to trade cryptocurrencies in a simplistic manner.

A Bibox exchange review also shows that they serve the crypto community via no less than 196 markets, placing them solidly within the top 20 cryptocurrency exchanges by volume. This is hugely positive and a direct result of the hard work that has been done at Bibox in terms of modernization and development. They also seem to be ready for mass crypto adoption as their platform is allegedly capable of handling more than 10 million users at the same time. It is unclear how they are ready to serve that many users at the same time as their exchange can allegedly handle only 1 million transactions per second. This is a huge number in itself, but an uphill battle can be expected at best to serve 10 million users at the same time.

Bibox seems to have a native token called the Bibox Token (BIX). A Bibox exchange review reveals that the BIX token, an ERC20 token, serves as ‘fuel’ for the decentralized transaction service offered by Bibox.

  • 24h Trading Volume

    17216.136 BTC
  • Establish date

    2017
  • Headquater

    China

Bibox Exchange Review

  • Bibox Withdraw

    The withdrawal fee i.e. network transaction fee will vary according to the following table

  • Bibox Fees Discount

    If you pay using BIX, you may enjoy a 50% discount on the trading fee

  • Bibox Deposit fees

    Free
  • Bibox Trading fees

    0.1%

  • Accepted Payment Method

    Crypto to Crypto only
  • Native Token

    Yes
  • Margin Trading

    Yes
  • Download Clients

    • Download client
    • Download client
    • Download client
    • Download client

Bibox Exchange Score Analysis

BiBox is an Estonian-based crypto currency exchange, which also has an office in China. BiBox offers an average number of markets and an about average number of tradable pairs. The team is a concern for us. The CEO has minimal experience in management positions, and there is no designated cyber security employee on the team. Other concerns for this project include a site that is not very user friendly