Review on Bibox by Mr Benji

Name: Bibox
Item: Bibox
Rating: 3

June 13, 2019

Bibox? Binance made in CHINA?

1. History - Bibox was famous thanks to their achivment that 1 year after exchange opening they reached top 15 in volume
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2. Volume - Bibox is using bots to increased their trading stats. Even looking at their website traffic they have olwer traffic than some exchanges with much lower volume than them.
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3. ICO - After failing to sell all tokens to investors the team took the remaning tokens and added to their portino of 35% total tokens another 20%! The token freezing time is same as bnb 20% instantly and than 20% every year.
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4. Token BIX - Token bix has amost the same usecase as bnb token within the exchange. we got a discount rate on our trades with the same model like binance. 
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5. Every friday - bibox is giving away 30% of their fee profits to bix holders if they made atleast 1 transaction thatweek.
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6. Bibox - bought Dex top recently
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To make it clear whole bussiness plan, token exonomy, fee structure even the home page is one big binance copy. 
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7.referral links - There is differnce with binance bibox is giving 18% 
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8. Listing - Bibox likes to list small or mid cap coins witch can be profitable for the exchange
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9. China - The Chinese authorities can ruin every blockchain project with more and more rules etc... 
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Updated 5 years ago

Rating has not been changed

- Bibox Ambassador Recruitment globally
- Bibox Will Launch Staking Service  with ATOM as First Staking Project
- Bibox “City Partner” Recruitment
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Bibox is one of the platforms that is doing a lot of IEO with good ROI thanks to its low cap. The members have a lot of projects to invest to however the exchange is not growing super fast as I describe it binance copy.
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