Header banner
Revain logoHome Page
Ogulnar Annamuhammedova photo
Turkmenistan
2 Level
54 Review
410 Karma

Review on Bibox by Ogulnar Annamuhammedova

Revainrating 3 out of 5

Chinese cryptocurrency exchange Bibox

The new Chinese cryptocurrency exchange Bibox is a complete analogue of now one of the most popular exchanges Binance. Advanced users of cryptocurrency trading platforms will immediately see a real opportunity to make money on the tokens of the Bibox Token (BIX) exchange. Many people remember the lost wave with the Binance exchange tokens, which from the very beginning could be bought at the rate of $ 0.14 and now sell at $ 9. Profit almost 90 times!

At the helm of Bibox is a team of leading experts and developers in China in the field of blockchain technology. First of all, it is worth highlighting Yi He, which is the co-founder of another well-known site - OkCoin.

The development of this project is being carried out by the best managers who previously worked with Huobi.com; in fact, this service is also one of the most popular exchanges in China. The developers assure that the site is capable of serving about 10 million users at the highest level and carrying out more than one million transactions every second.

The founders of the project carried out fundraising through ICO in October 2017. The daily trading volume exceeds $ 80 million.

Bibox offers its traders the following.

* Trade security, due to the mechanisms of "splitting"

transactions. This system allows you to crush large

transactions into smaller ones and carry them out quickly and

safely.

* Increase the speed of order processing thanks to "memory

matching system ".

* Scale. Apparently, the system was developed with

expecting a significant increase in volumes, therefore the site

capable of supporting up to 10 million users and

process millions of transactions at the same time.

Bibox boasts the integration of AI technologies in providing quantitative computing and analysis on trading, personalized risk management, speech recognition and coin counting to be listed.

They will start trading BTC and other prominent cryptocurrencies and create a future option for direct trading in CNY, HKD, EUR and JPN.

Bibox will also offer Leveraging, TWAS, Iceberg Order Priority, Stop Loss and other financial services to help its investors use its platform.

BIX is an internal token, the purchase of which will significantly save on commissions. In terms of functionality, this coin is absolutely no different from the internal assets issued by other exchanges.

You can buy a coin immediately after registration. Some consider this cryptocurrency as a profitable investment tool. Indeed, as the Bibox project develops, the price of the token increases.

Pros
  • This is very convenient, the investor can immediately decide which currency pair to work with. For some assets, the exchange offers bonuses and gifts.
  • For a more intensive development, the Bibox exchange has developed a reward program
Cons
  • The young platform is not yet popular.

Similar reviews