Bibox is a cryptocurrency exchange with a unique feature, which is its use of AI algorithms to help traders make optimal trades. The exchange was founded in 2017 by a team of blockchain experts, including the co-founder of OKCoin. While the exchange remains cutting edge, it is completely unregulated.
Bibox offers their platform via a web-based trading platform. The interface is well designed and easy to use. Traders have the choice to view a basic platform mode or a full-screen platform mode. The latter is somewhat more advanced and built for experienced traders who want to utilize the technical analysis tools provided. However, both versions of the platform offer the same features and just use a different layout. Both platform versions come complete with a sophisticated chart where traders can use a number of technical indicators and charting tools to analyze the price of the underlying digital asset. Also, traders can place multiple order types such as market orders, limit orders, and set stop-losses.
Bibox’s main feature is of course, its AI modules and smart tools. While there has never been much under-the-hood information released on these, they allow the best trade deals to go through with minimum human interaction. Another unique technology implemented by Bibox is a state of the art distributed cluster architecture which ensures the stability of the platform.
Bibox also offers its own token, which allows traders to pay with discounted fees across the site, which is a great incentive to buy.
Traders who do not hold the token are subject to paying a minuscule 0.1% trading fee on all trades. There are no fees for depositing cryptocurrencies but withdrawing cryptocurrency from the exchange comes with a charge of 1% of the withdrawal amount with a minimum of $15 withdrawn.
Bibox has a range of security features, including SSL, 2FA, and storing user funds in cold storage to protect against hackers.
Bibox’s support team can be reached via email or a support ticket system. According to Bibox users, the support offered by the exchange is exceptionally good and representatives answer in a prompt and professional manner.
Overall, Bibox is one of the best cryptocurrency exchanges around. It offers a wide array of coins and its website runs very smoothly. The AI features are a great draw for traders too.
Protecting Your Cryptocurrency And Staying Safe on Bibox
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