BigONE is a Singapore-based cryptocurrency exchange registered in the Netherlands, established in 2017. BigONE focuses on providing authentic digital buying and trading services to its users. globally. It has even introduced several languages on its platform. They also accept several fiat currencies on the exchange so many users can fund their accounts or buy crypto in local currency.
BigONE is also a complete crypto exchange, which means that its users can not only buy and sell crypto assets, but also trade them. Several trading markets, including spot and margin, are available to diversify your portfolio. Due to the easy-to-understand layout and quick registration process, traders and investors agree that it’s easy to have a professional experience at BigONE.
Initially, the exchange was focused on Asia, but in the past few years it has been actively conquering the world market. Its competitive advantage is the wide variety of cryptocurrencies and fiat currencies, different types of transactions, leverage and loans.
The variety of crypto assets available to buy and sell at BigONE may be low, but the opposite is true when it comes to trading. There are over 100 cryptocurrencies available for trading, including BTC, ETH, DOGE, SHIB, and XRP.
But what makes trading on BigONE great is that they provide users with statistics to help them choose the best asset possible. Users can view the best performing coins, top currencies, volume, market cap, 24 hour change and other details. By accessing the marketplace section at BigONE, you can optimize your list of data points to your liking. But it is important that you also do your own research and not just rely on the quick data available on the platform.
The BigONE exchange review offers multiple features to its traders to trade cryptocurrencies easily. BigONE perpetual futures leverage up to 100x expanding to long or short strategic maneuvers.With Spot Trading, the website accepts BTC, ETH, BCH, and 140+ premium tokens for spot trading, with BTC, ETH, BCH, and EOS supporting margin trading.
With the payment gateways available at BigONE, you can get your hands on your some of your favourite cryptocurrencies right away. All you have to do is decide which cryptocurrency you want and how you would like to pay.
BigONE offers a good variety of crypto coins that you can buy instantly. Other platforms offer a wider variety of assets to buy, but BigONE offers the assets that have the most potential. And, of course, you can also sell the listed assets using their Buy & Sell section, just as quickly and soundly as you can buy them.
Staking is the latest way to earn interest on your cryptocurrencies. It works just like a bank’s savings account, but you can earn comparatively better with staking. BigONE supports staking, but only of a few specified assets: DogeCola, INNBC and TPT. These assets are available for a specific period and can be changed whenever the platform desires.
If you want to earn interest on popular assets, you will have to go with BigONE’s fixed savings option, where the returns are minimal. BigONE also offers other ways to earn, including DeFi farming, PoS pool and Mixin pool.
Users can get a loan approval of 10000 USDT at the interest rate of 1 USDT.
Each of these features is one click away. So users can easily use these features when trading cryptocurrencies. One of the recent features added to the platform is the Star Program. Every BigONE user benefits from BigONE’s Star Program. Unlike other exchanges that appeal to well-heeled influencers or investors with trading fee rebates and commission goods, Star Program caters to every contract trading enthusiast with features like trading fee rebate and commission.
The exchange reviews provide with registration procedure that is relatively fast and straightforward. The first step is to visit the BigONE website; click the registration button to begin the process. After clicking on the register button, the user will be sent to a registration page. Here, the user will need to fill out a form with an email address, phone number, and name.
Once the verification process is done, the user can log in using the user id and password. An authentication code is sent to the registered mobile number to confirm the user.
BigONE advises against depositing into the trading account before the verification procedure is finished. However, traders may use the BigONE exchange platform to engage in various trading operations once the account verification process is completed.
Under the verification process, BigONE uses two significant methods:
The BigONE platform adheres to the Know Your Customer (KYC) policy to prevent identity theft and terrorist financing. Thanks to the KYC policy, every trading account is traceable to a genuine person in any region of the world.
BigONE requires all of its customers to supply accurate identification information. During the registration procedure, clients must provide contact information, proof of identification, and a valid picture.
Two-factor authentication (2FA) is integrated into the BigONE exchange platform’s security system to secure sensitive trading operations, such as logins, withdrawals, deposits, and password changes. The 2FA prohibits unauthorized access to a client’s trading account without the account holder’s permission.
The platform charges different fees to investors for trading activities carried out in order to fund their joint activities and generate profits in the cryptocurrency market. Investors looking to join an exchange charge minimal commissions as commissions and fees vary from one exchange to the next.
The transaction fee is usually a percentage of the order value. Receiver and producer are segregated in many professions. Those who “take” an existing order from the order book are called receivers.
BigONE imposes a flat transaction fee, which means that both recipients and creators new to the platform pay a fee of 0.20%. These fees are in line with industry rates for centralized exchanges around the world.
BigONE divides its contract traders into receivers and creators. Recipients pay 0.06%, while creators get reduced transaction costs and pay only 0.02%. These fees are according to the cryptocurrency industry average.
BigONE charges commissions for margin and spot trading as well as contract trading. There are commissions for loans. There are five levels for each section. At the lower tier, the commissions are highest, at the upper level, they are the lowest.
The user’s level depends on the Points of Interest. These points are awarded for: frequency of trading activity, amount on account, referral invitations, activity in third party services that promote the exchange and its products. Users get their first Privilege Points for KYC verification. Account activity is assessed for the last 90 days. The transaction level also directly affects the individual exchange limit and the exchange group limit.
BigONE is considered one of the top cryptocurrency exchanges to trade in the market for its top-level security according to our BigONE exchange rating. The aim of the creators and team behind BigONE is to create an exchange platform that can effectively protect investors from the rampant security breaches in the Cryptocurrency industry. The site uses Multi-Signature Cold Wallet, 2-Factor Authentication and Know Your Customer (KYC).
To ensure that the Cold Wallet is kept safe and secure, the BigONE exchange platform only grants manual access to the cold wallet to selected high-level authorities after all essential processes have been followed and met.
In general, BigOne exchange is one of the safe and secure exchanges with almost all necessary features for traders to use. However, it has a complicated way of calculating fees and commissions. But this is still an exchange to try.
Hope the above article is useful to you. If you have any suggestions, please leave them below in the comments section to make our article better.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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