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BigONE – Crypto Exchange Review
bigone exchange

BigONE

By

BigONE Exchange Review 2023

Search no more! BigONE is your answer. It’s a secure and reliable cryptocurrency exchange. What makes it special? Advanced security, competitive fees, and a user-friendly interface. Trading crypto on BigONE is a breeze! Get ready to experience the perfect platform for starting your crypto journey.

What Is BigONE Exchange?

BigONE Exchange is a popular cryptocurrency exchange based in Beijing, China and it was established in 2017.

It has an easy-to-use and powerful interface for novice and advanced traders. The BigONE exchange is well-known for its user-friendly UI, low fees and useful order book navigation tools.

Advantages and Disadvantages of BigONE

Pros:

  • Variety of order options with low time delays.
  • Experienced customer service reps.

Cons:

  • Fees may be higher than other exchanges.
  • Margin trading comes with risks.

Cryptocurrencies on BigONE

BigONE Exchange is a renowned & trustworthy crypto exchange. It’s one of the largest crypto exchanges globally, with over 400 digital assets! BigONE Exchange offers a wide selection of currencies, from Bitcoin (BTC), Ethereum (ETH),Litecoin (LTC), libra coin (LBR), PAX Gold (PAX) to top tokens like EOS, TRON, VET & Binance Coin (BNB).

The exchange also supports multiple cryptocurrencies, including BTC, ETH, LBR, USDT, BCH, EOS, LTC, LINK, XRP, and DASH. It also offers fiat currency deposits in GBP, EURO, and USD.

Traders can find comprehensive lists of known & lesser-known digital currencies on their website.

BigONE Features

  • BigONE crypto exchange provides both mobile apps for Android & iOS devices, as well as web access from its own website.
  • Customer service is available 24/7 – so help is always available for any issues regarding the platform or trading experience.
  • BigONE Exchange seeks to give users the best experience and secure trading environment. This is by using real-time order processing speeds of up to 1 million transactions per second (TPS), and access to multiple liquidity pools.
  • Also, their institutional-grade Prime Brokerage offers 24/7 real-time margin trading services with flexible leverage up to 10x on more than 200 coins/tokens.
  • BigONE stores customer funds in cold storage, which are offline vaults. Security protocols are in place to protect funds.
  • Educational resources are provided to help users understand crypto trading.
  • BigONE Exchange has features for users, such as margin and futures trading for higher returns.
  • There’s also a referral program to earn rewards for inviting friends.

BigONE Trading Options

BigONE is a pro trading platform for crypto traders. You can trade BTC, ETH and more on the exchange. It offers up to 30X margin trading, allowing users to leverage their trades and maximize profits. The order book lets you monitor the supply and demand for any pair.

You get real-time notifications to alert you when markets move.

How to Create and verify a BigONE account

First check if their services are available in your country.

When you have confirmed, create an account on their website. You must provide basic personal info, e.g. name and address. You must also confirm if it is for personal or corporate use.

Next, verify your identity with BigONE. They accept verified scans of either passport or national identification card. This takes up to two days. When verified, you can start trading.

For extra security, enable two-factor authentication (2FA). You must use both password and mobile device every time you log in. Verifying your identity with BigONE usually takes less than 24 hours.

How to Deposit and Withdraw money on BigONE

To deposit money, users need to select a fiat currency from the dropdown menu on their account page. Then, they have to select a payment method from BigOne’s list. This includes debit/credit cards or online banking transfers (e.g., SEPA). After adding valid bank account details or credit/debit card details that match with a verified ID copy, they can click on “Make Deposit”. The transaction should process in a few minutes.

When it comes to withdrawing money from a user’s account at BigONE Exchange, there are a few steps. These include selecting an appropriate withdrawal method such as wire transfer. Bank wire transfer payments are done with cold wallets which offer increased levels of protection for online wallet transactions made through BigOne Exchange interface. Withdrawal requests need to be processed within one business day after initial verification confirmation mail has been sent. All required AML/KYC documents needs should already have been approved by the company compliance team.

BigONE Fees and Limits

What fees and limits does BigONE feature for trading or withdrawing digital assets? A flat rate maker and taker fee of 0.2% applies when trades are completed. Margin trading has a maker fee of 0%, while taker fee is 1%.

Each user account has a minimum withdrawal limit, varying from as low as 0.02 BTC to 500 ZRX per withdrawal. BigONE also charges fees when users transfer funds into their accounts. This can include receiving fees for deposits made by bank transfer (0-1%) and accepting fees for payments in cryptocurrency networks (free or small amounts).

To sum up, BigONE offers competitive fees for trading and withdrawing digital assets. They also provide details regarding deposit fees, so users are aware of additional charges associated with transactions with BigONE Exchange. Knowing these fees helps traders make wiser decisions when trading or withdrawing crypto assets on BigONE.

BigONE Security Measures

BigONE provides secure access and infrastructure for users to trade digital coins and tokens. To defend against hacker attacks, BigONE applies many safety measures.

BigONE carries out due diligence to ensure that no asset is partaking in any malicious activity or illegal operations. It has a secure system with various authorization levels to help prevent fraudulent activities.

BigONE applies “cold wallets“. These are isolated storage solutions keeping user funds offline to protect them from hackers. The funds stored in cold wallets are almost impossible to steal due to their complexity. Further, BigONE uses blockchain tech offering an extra layer of protection against unapproved access or manipulation of the platform’s data.

For additional security, BigONE uses advanced SSL encryption techniques making all communications both encrypted and secure. This keeps sensitive data and funds sent through their system safe from potential hacker attacks and theft. Plus, BigONE has put in multiple other layers of security on their platform such as 2FA authentication.

BigONE is famous for its simple UI/UX, top-notch security provisions, and Multi-Signature authorization system. These elements make it popular with its users, who have their day-to-day trading activity monitored by experts aiming to provide peace of mind when it comes to safeguarding user investments on BigONE.

BigONE Customer Support

In 2020, Investopedia recognised BigONE with awards for “Best Global Crypto Exchange” and “Best Customer Service“.

BigONE’s customer support is available 24/7 through email, instant messaging, telephone lines, FAQs, user guides, tutorials, suggestions and live chats in 19 languages. Furthermore, the company monitors customer reviews to address problems and improve user experience.

The customer service team is knowledgeable and responsive to customer inquiries and product support. In addition, during peak trading hours, there is an emergency hotline.

Frequently Asked Questions

Q1. What is the BigONE exchange?
A1. BigONE is a digital asset exchange platform offering a wide variety of trading options for crypto users. It is designed for ease of use, with a simple and intuitive interface that allows users to trade quickly and securely.

Q2. Is BigONE safe to use?
A2. Yes, BigONE uses a variety of security measures to protect user assets and information. These include two-factor authentication, cold storage, and other advanced security protocols.

Q3. What kind of fees does BigONE charge?
A3. BigONE charges a 0.1% trading fee for all trades. There are also deposit and withdrawal fees that vary depending on the asset being traded.

 

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