Review on Bibox by theorich coreen
Bibox is a new Chinese cryptocurrency exchange
Bibox is a mixed bag for us.while they have managed to create somewhat of a name for themselves in the short around two years of lifespan, including the fact that they were never hacked,bibox doesn't provide users with a good enough security feature suite to help protect their account: IP address verification is not needed and there is no option to whitelist withdrawals addresses.Combined with the fact that bibox doesn't communicate its offering well enough,in our opinion,to its western users all of the above makes us compelled to look elsewhere for a place to securely and reliably trade cryptocurrency.
Pros
- It provides all the functionality required to trade cryptocurrencies in a simplistic manner.
- Download for ios ,android and windows.
- Kyc and aml is available.
- Very low feeson on the platform.
- Wide range of altcoins.
- Simple and solid platform.
Cons
- No direct fiat currency deposit methods.
- No leveraged.
- Not the expected priority of altcoins.
New products
Comments (1)
March 31, 2020
This leaves to the inherit risk of the company simply shutting down and running away with all the clients’ funds.
