BigONE exchange review

BigONE Cryptocurrency Exchange
BigONE Cryptocurrency Exchange
  • Buy/sell 100+ cryptocurrencies
  • 0.1% trading fee
  • 2-factor authentication
  • Easy to use

Here’s an in-depth look at the features of this crypto-to-crypto exchange.

Searching for a cryptocurrency exchange where you can buy and sell a wide range of digital coins and tokens? BigONE is worth including in your comparison. This crypto-to-crypto exchange allows you to buy and sell more than 100 digital currencies with flat trading fees of 0.1%.

To help you get a better understanding of what BigONE has to offer and whether it’s the right platform for you, we’ve compiled this review of its key features.

Product Name BigONE Cryptocurrency Exchange
Fiat Currencies -
Cryptocurrencies BTC, ETH, EOS, USDT, ADX, AE, AIT, ATN, ATT, BAT, BCDN, BIG, BTO, CANDY, CDT, CHAT, AT, CPS & over 60+ more
Deposit Methods Cryptocurrency
Trading Fee 0.1%
Deposit Fees None
Withdrawal Fees Fees vary

Pros

  • Wide range of coins and tokens offered
  • Competitive 0.1% trading fee
  • Trading interface is easy to use
  • Supports 2-factor authentication

Cons

  • Can’t make purchases with fiat currency
  • No margin trading for experienced traders
  • Relatively new trading platform
  • Limited information available about the team behind the exchange
Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is BigONE?

Launched in 2017, BigONE is a crypto-to-crypto exchange platform where you can buy and sell bitcoin (BTC), ether (ETH) and 100+ other digital currencies. The platform also offers its own BigONE tokens, which are based on Ethereum’s ERC20 standard and can be traded on the exchange.

BigONE is supported by blockchain investment firm INBlockchain.

Available countries

BigONE offers its platform to users in a wide range of countries, including Australia. For a full list of supported countries, or if you’re unsure if you’ll be able to use the exchange where you live, contact BigONE support directly.

Which payment methods are accepted?

As BigONE is a crypto-to-crypto exchange, it only accepts cryptocurrency transfers and does not allow fiat deposits.

How much will it cost me to use BigONE?

While BigONE doesn’t charge any deposit fees, you’ll need to pay a 0.1% fee on all trades and also pay a charge whenever you make a withdrawal. The platform’s fee structure is detailed in the table below:

CurrencyDeposit feeTrading feeWithdrawal fee
BTCZero0.1%0.002 BTC
ETHZero0.1%0.01 ETH
EOSZero0.1%0.01 ETH
ZECZero0.1%0.002 ZEC
LTCZero0.1%0.01 LTC
QTUMZero0.1%0.2 QTUM
INKZero0.1%0.2 QTUM
BOTZero0.1%0.2 QTUM
ETCZero0.1%0.01 ETC
GASZero0.1%0 GAS
BTSZero0.1%1 BTS
GXSZero0.1%0.1 GXS
BITCNYZero0.1%1 BTS
Any other ERC20 tokenZero0.1%0.01 ETH

How fast will my funds be available?

BigONE processes all deposits and withdrawals automatically, so the time it will take for your transaction to be confirmed will depend on the network status of your chosen currency.

Are there any transfer limits?

BigONE doesn’t list any deposit or withdrawal limits on its website.

Is it safe to use BigONE?

When you register for an account with BigONE, you’ll need to verify your email address. You’re also required to enable 2-factor authentication before you’re able to deposit any funds into your account or start trading, and you won’t be able to make withdrawals until you’ve submitted proof of ID.

BigONE also gives you the option of setting up an asset PIN. This is a six-digit number chosen by you that will need to be entered whenever you want to make a withdrawal. It’s designed to provide an extra layer of protection against hacking and theft.

Customer support

If you’re confused about something or have a question regarding your account, BigONE offers an online help centre with answers to a range of FAQs. If you still need assistance, the customer support team can be contacted by submitting a support request through Zendesk.

Pros and cons

Pros

    • Wide range of coins and tokens offered
    • Competitive 0.1% trading fee
    • Trading interface is easy to use
    • Supports 2-factor authentication
Cons
    • Can’t make purchases with fiat currency
    • No margin trading for experienced traders
    • Relatively new trading platform
    • Limited information available about the team behind the exchange
  • Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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