Review on BigONE by Robiul Islam
The web based platform is really good. Differently from the perfectly…
The web based platform is really good. Differently from the perfectly functional order book, it offers great charting powered by TradingView. Trading platform is great and you can trade in a lot of coins with no transaction fees (that was promotional). As opposed to, it applies relatively high withdrawal fees, requires KYC, and what is worse, provides no information about the company owning and operating it. Such information is important, as most crypto exchanges are not licensed, nor overseen by any authority and investors have the right to know to whom they are actually sending their coins.
Updated 5 years ago
Rating has not been changed
BigONE will implement the strategic upgrade of BigONE Ecosystem Token ONE, encouraging all blockchain ecosystem participants to increase the value of ONE. BigONE will establish (ONE Exchange Pool) which consists of cryptocurrency like BTC.
In ONE Exchange Pool, ONE holders can exchange 0.14 USDT（≈ 1 CNY with 1 ONE according to their (Contribution Points). ONE that BigONE receive will be destroyed.
All users who trade in BigONE and upgrade to any level VIP status, can receive a certain amount of Contribution Points.
Pros
- •Wide range of coins and tokens offered, Competitive 0.1% trading fee. •Trading interface is easy to use, Supports 2-factor authentication. • Instant trading, real-time quotes. • Big token helps in paying fees, Zero deposit fees. • Sophisticated trading tools and charting capabilities, Fast transaction times. • Web-based trading platform (no need for installation), Offers an API. • Mobile friendly, Chat room for traders. • They’re accessible on multiple messaging platforms, Telegram and Bee in addition to social media sites Facebook and Twitter.
Cons
- •Can’t make purchases with fiat currency. •No margin trading for experienced traders. •Customer service appears to keep users waiting with no response for days. •Only supports spot trading, which is a common limitation to crypto exchanges. •The KYC process could take anywhere from hours to days.
