BW Exchange Review

BW, short for “bit”, “world” and/or “wealth”, is a digital asset exchange / cryptocurrency exchange that serves the crypto community via no less than 35 markets. A BW exchange review also reveals that they provide mining pool services to crypto miners from no less 45 countries and regions.

A BW exchange review also reveals that their website is available in at least three languages, including English. However, with English selected, the FAQ page for one is only accessible in Chinese. Furthermore, it may be a false positive, but a visit to their homepage triggers a trojan warning from anti-malware software.

They claim that the BW mining pool has up to date mined or produced more than $3bn worth of Bitcoin (BTC) – 300,000 tokens, Litecoin (LTC) – 1.5 million tokens and Ethereum (ETH) – about 2 million tokens. A BW exchange review also shows that they claim to produce or mine at least 1 million dollars (USD) worth of cryptocurrencies per day.

Furthermore, it seems that they have issued their own ERC20 token with a max supply of 1 billion BWB tokens. BWB tokens seem to come with community rights and other rights and attributes. The tokens are being released through a mechanism that they call "synchronous release of POS mining".

It seems that 51% of the tokens will be returned to the community via what BW describes as the "mining by trading, mining by deposit, mining by mining" model. This while the remaining 49% that are frozen and slowly being released, are earmarked for targeted distribution, including distribution to the BW Fund, operational teams and the public.