Review on Bibo Exchange by Killer Bean
My experience with Bibo Exchange
Bibo Exchange was launched in 2018. It is a centralized exchange that was Regulated and licensed in Estonia. Well like most other exchanges i have been using, this exchange was very easy to register just by providing my country code, mobile number, password and i was already in! After providing the verification code and the login code i was able to login and start trading. I proceeded to depositing which was only possible via cryptocurrencies, interestingly its free! This exchange supports a range of cryptocurrencies like Bitcoin, Ethereum, Tron, Dash and a host of other coins(at this moment deposit of Bitcoin is not possible!). Looking at the trading fees charged, its not fixed but for most of the coins, a fee of 0.15% and 0.20% is charged for makers and takers respectively. For withdrawal, a fee of 0.0005 BTC is charged for Bitcoin, 0.01 ETH for Ethereum, 1TRX for Tron and so on. I checked out this exchange on Telegram, i wasn't quite impressed, the telegram group isn't very active at all, i dropped a message there for over three hours i didn't even recieve any response. I cant actually forget the Customizable interface of this exchange, i was able to change it to light or dark theme any time i liked. I just downloaded the mobile trading app which looks very promising but I am currently reviewing the exchange to give the best update possible.
"Every fees i have listed above are subject to change at any point, hence i will advise users to still confirm the fees of any coin they want to trade".
Pros
- Trading fee here is quite considerable
- The user interface is dynamic and customizable
- The withdrawal fee is very affordable
Cons
- The telegram group is not active at all!
