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Pedro O. Alvino M. photo
Venezuela
5 Level
886 Review
1576.5 Karma

Review on BW.com by Pedro O. Alvino M.

Revainrating 4 out of 5

Exchange with various business models in crypto assets and fiat currency.

A platform that began with a mining group, launched its cryptocurrency trading services in 2017, where today it continues to govern its services optimally in the different markets it has.
With several financial services in cryptocurrencies, its spot and margin market presents a good management of commercial volume, which allows an excellent settlement when executing an order, in addition to admitting several exchange pairs to margin trading. As for the futures market, it is under development, in which it plans to leverage up to 100x.
Another important design of the exchange is the integration of the fiat currency not only to buy through bank cards, but to trade under an OTC structure, in which three types of fiat currency from the Asian continent will be available, which stand out the South Korean won, the yuan of China and the official currency of Vietnam.
Regarding its secondary services, the exchange adds several mechanisms and programs that promote greater commercial activity in the exchange, where the referral program with rewards of multiple commissions per guest and a mechanism of currency staking, which unlike other exchanges The annual percentage goes mostly in the double digits in much of the supported currencies.
The exchange BW com has a good track record and experienced team in the crypto market, where its functions can be a bit complex for some novice traders but can be adapted thanks to its guidance system on the exchange.



Pros
  • Enable Spot and margin trading with excellent market settlement.
  • Offers operators the facility to buy crypto assets with a credit and debit card.
  • It has a fiat P2P market in three different types of currencies.
  • It has a trading tutorial on the different market models that the exchange has.
  • Contains mobile versions.
  • Offers a method of staking currencies in various cryptocurrencies with two-digit percentage returns.
Cons
  • There is a large part of tokens and crypto assets listed on the exchange that are not enabled for withdrawals.
  • The futures market is still developing.