Review on Bibox by José A Rodríguez
Bibox: Standard Exchange Service with Low Rating in the Market
Bibox is a cryptocurrency exchange with standard features. Practically, it is not the best release considering all exchanges existing. The company tries to ensure they are the best exchange ever, but that's not true since the platform still requires major improvements. Certainly, they offer a good dashboard with good prices for cryptocurrency trading, but I consider the current chat section to establish substantial conversations and set expert transactions is not fully secure.
Moreover, taking a look at the service requires just a few seconds. Everything is located almost in the same window. The platform is based on defect in Chinese, users must adapt it to the language of preference, and some translations are not good. The idea is not to present only contrasting points, but they are real facts that have affected at all the current rating. Even for this many users complain about it. What is really important is the trading itself but this exchange just admit less than a hundred of cryptocurrencies, some of them are not even in the top of most commercial tokens.
Now, the platform offers a security system of good parameters, although they are not based for everything. However, it is good because it really counts with a good design of Artificial Intelligence. Besides, there is a specialized team that is always supporting customers with common offers.
To sum up, at least for now, this is not an exchange I would use for common trading because it does not compete with the features and benefits I am looking for in a service like this. I think the company should consider their customers' recommendations to go beyond its current status. Remember that trading is not the same that commonly storing or listing cryptocurrencies, this is a risk that should be considered. This network is not a scam, but the policies should be read and updated carefully.
Pros
- Minimalistic design with good developments in technology and update sections of modern design.
- There are good prices for commercial cryptocurrencies and an illustrative dashboard with great statistics.
Cons
- The overall service is outdated. There is not trustworthy support in the chat section as well as the period of confirmation for trades.
- The platform offers standard services. Some of them are less considered over others.
- The information is limited, so the content of the policies of this service is not totally clear.
