Header banner
Revain logoHome Page
Natasha Williams photo
Lagos
1 Level
120 Review
16 Karma

Review on BigONE by Natasha Williams

Revainrating 4 out of 5

The exchange needs to show some commitment to improving some of their features

The name of the exchange is enough to intrigue absolutely anyone to check out its uniqueness, and what it has to offer to you cause the name is a clear indication that it's indeed a big exchange for everyone to explore. BigOne places its traders in five distinct categories, the category each trader falls into determines the amount they will pay as their trading fee, those higher in rank pay less, and the market liquidity makers get a rebate on their transaction fee which sounds good. To get a higher ranking you just have to trade consistently on the exchange to have a high transaction volume, I also see this as a means through which the exchange rewards its best and top traders for their consistency

In patronizing their services.

It's also great knowing that BigOne started in 2017 and after 4 years it now has branches in Russian, Japan, Brazil, and other countries whereas have seen many exchanges that have existed even before BigOne came into the spotlight but they have no plan of making their services more accessible and available to many other traders in serious need of amazing and quality trading service. The introduction of the mobile trading app of the exchange even made their service more accessible cause due to statistics majority of traders make use of their mobile phones cause bits easier to move about with that than a laptop or desktop device.

To trade on BigOne exchange KYC Verification is not evitable, it comes in two stages. The first stage gives you access to some limited features and benefits. But the second stage of the verification gives you unlimited access to every bit of the exchange features and you can utilize their benefits. The first stage of the verification was very easy, it didn't take up to ten (10) minutes but the second stage of the verification which demanded more information wasn't easy, I tried several times but still, I couldn't verify my account. I contacted the support team but I didn't get any response from them until after two days and it took me an extra one day to get my account verified on the exchange.

The exchange is good they perform so well the only problem with them is that verifiable takes a whole lot of time and the support wasn't very responsive, it would also make sense If Fiats currency deposit can be introduced, although the absence of fiat currency isn't an issue for me since I'm already in the system but for the sake of the new traders just coming in it can also be of help to them.

Pros
  • It has a list of over 40 cryptocurrency
  • The trading fee is cheap
  • The exchange has extended its services to many other countries.
  • It helps traders to easily trade their assets
Cons
  • Verification of identity takes time
  • Customers support is not effective

Similar reviews