BigONE is a global digital asset trading platform. This BigONE review is an up-to-date, detailed analysis of BigONE exchange, containing everything you need to know about BigONE and whether It’s the right exchange for you. With this review, it will be easy to decide whether to trade on BigONE or not.
Let’s find out.
BigONE is a global cryptocurrency exchange that offers a trading platform for various cryptocurrencies. It was established in 2017 and is registered in the Seychelles. The company provides marketing, investment, and blockchain technology research and development in Russia, Brazil, Vietnam, Seychelles, Singapore, Japan, and Indonesia.
BigONE’s mission is to provide the most secure and convenient trading and trusteeship services to all citizens in the digital age. But due to the recent flaws in market security and policy volatility, BigONE believes that citizens in the digital age deserve a better option, as they require a truly safe, convenient, and trustworthy infrastructure.
BigONE uses cutting-edge technologies and management flows to help users find more valuable encrypted assets, provide a high-quality trading experience, and ensure that clients can trade and manage their digital assets safely and conveniently.
BigONE review: What Is BigONE Exchange?
BigONE is a global cryptocurrency exchange that provides a platform for trading various cryptocurrencies. such as BTC, ETH, LTC, USDT, and more.
The BigONE exchange platform was established by crypto experts who have deep knowledge of crypto trading platforms and expertise in digital assets. Even though the identities of the team members remain unknown, the two core team members of BigONE have been revealed in the media.
They are Kevin Cheng who is the COO, and BigONE exchange CEO, Ian Tian. Other team members are mentioned as experts in digital assets with 5-year experience at Yunbi.com. Some companies’ employees also work in Japan, Russia, and several other regions to recruit local users, conduct international listings, provide customer service, and perform other operational functions.
BigONE Review: How Does BigONE Exchange Work?
From payment methods to spot trading and security, BigONE operates smoothly, allowing users to trade without any security issues. BigONE is available in eleven languages: English, Japanese, Chinese, and Korean, to name a few. It is not, however, available to clients in the United States. Therefore, it seems likely that BigONE is based in Asia or is at least geared toward the Asian crypto-buying public.
It uses BitCNY as its foundation currency, similar to how Western crypto exchanges use a tether. BigONE also utilizes Tether, but BitCNY stands out since it is a digital currency whose value is tied to China’s national currency. On Western exchanges, BitCNY is practically never seen.
This exchange platform supports various cryptocurrencies, including BTC, ETH, EOS, ZEC, and others. Furthermore, the exchange platform supports a wide range of cryptocurrency trading pairings, including BTC, ETH, EOS, and QRU.
BigONE Review: BigONE Features
The BigONE exchange review offers multiple features for its traders to trade cryptocurrencies easily. Some of them are:
BigONE adopts two-step verification and notification; BigONE separates the cold and hot wallets, deploys multiple signatures, and monitors the status of the wallets and assets in real-time. No one can get the private key by himself because of the way the encrypted key was created.
At present, BigONE has a complete layout of product lines such as spot, leverage, futures, wealth management, and PoS mining pools. As part of meeting users’ diversified needs for investment assets, BigONE closely monitors market movement, which helps users participate in trends, that will help them secure their benefits.
Seamless Trading Experience
BigONE deploys advanced technologies to ensure the speed of the transaction and updates the detailed order book and P/L so that users can have the best trading experience they’ve ever had.
Proof of Reserves
BigONE keeps 100% of users’ assets in reserves and will not deploy the assets by any means. The mechanism provided by BigONE allows users to track the status of the assets at any time.
The users of the platform can easily receive a loan if they need money in a certain token and don’t want to sell other currencies to obtain the desired coins. A user needs to provide pledged assets in BTC, ETH, EOS, ONE, or DOT. At the time of writing, the loans can be taken in BTC, USDT, and ETH for 1, 2, 3, or 6 months. The total interest will be calculated in the application form.
BigONE’s Star Program
Unlike other exchanges that cater to wealthy influencers or investors with trading fee rebates and commission goods, the Star Program caters to every contract trading enthusiast with features such as trading fee rebates and commissions.
All the above features and more have been integrated into the platform and are just one click away, all to facilitate ease of use and improve the customer experience, so users can easily use these features when interacting with BigONE.
BigONE Exchange Review: Pros and Cons
- BigONE Earn: If you’re looking for an exchange with the ability to earn, well BigONE has provided an ability to earn on its platform by staking. The staking section is divided into high yield, savings, stable, and fixed.
- BigONE Academy: BigONE academy is a section that keeps users up to date with the latest updates and releases on the platform. It also contains FAQs and tutorials. This will help stir users in the right direction as to how to utilize and get the most out of BigONE.
- A good number of cryptocurrencies: BigONE has a pool of cryptocurrencies listed on its exchange platform, over 130 cryptos. The long list helps to widen investor’s/traders’ options and if there’s a cryptocurrency you’re looking for there’s a chance it’ll be here.
- BigONE Liquidity Mining: With BigONE liquidity mining you can earn income by providing dual-asset liquidity to the market
- Bug bounty program: This helps to tighten the security of the exchange by incentivizing researchers to look out for several ways/modes in which bad actors can exploit the system. This helps to increase the security of BigONE.
- A limited number of cryptocurrencies for staking: BigONE has a limited list of currencies that users can stake compared to other exchanges like Binance, Coinbase, etc.
- No live chat option: Without the support option for a live chat this limits the exchange to solving issues that users may encounter while interacting with the exchange with users efficiently.
BigONE’s Affiliate Program
The crypto exchange’s affiliate program is called BigONE Star. To join, you need to register, verify, and send a personal application by email. Please note that the application may not be approved due to low activity on your account.
After you become a member of the referral program, a personal affiliate link will be available to you in your personal account. You can post this link on any platform at your discretion. Each user who follows this link is verified, starts active trading, and will become your referral.
BigONE Sign up
Registration Process With BigONE
With BigONE’s intelligent and intuitive UI design, you can get signed up in no time. However, just in case you get lost and need to find your way, here is a quick and detailed guide on how to sign up in just a few steps.
BigONE Review: How to start trading at BigONE
Visit BigONE. Click on “Sign up,” located at the top right corner of the page.
You can sign up using your email or mobile phone.
On the Create BigONE Account page, click on “Mobile” and input your mobile number, then click on “Send code.” A code will be sent to your email, copy it and insert it in the required field.
Now create a new password, and lastly, check the box and click on “Create account.”
Note: Now you can proceed to buy crypto or make a deposit and begin to explore all of BigONE.
How to Buy and Sell Cryptocurrencies With BigONE
Buying and selling cryptocurrencies on BigONE is pretty handy. Users can buy & sell crypto coins using debit and credit cards.
Below are the steps to buy crypto on BigONE:
First off, you’ll need to sign in using your BigONE login (i.e., your email and password). Then, in the “I want to buy” section, click on the “Buy Crypto” button.
Select the coin you’d like to buy (i.e., BTC) and the fiat currency to pay for it. Insert an amount, and then choose a payment method. Then finally click on “Buy BTC.”
If you choose a bank card as a payment method, you can also buy crypto or BigONE Token with a VISA or MasterCard. To complete the Bitcoin purchase or any other altcoin purchase, you’ll need to create an account and complete a few easy verification procedures to receive the crypto securely, timely, and hassle-free.
How to Sell Crypto With BigONE
The withdrawals and deposits in BigONE are pretty straightforward. The goal of investing in the cryptocurrency market is to earn a large profit. Investors are particularly concerned about withdrawals and require assurance that their winnings may be easily withdrawn.
Sign in and click on the “I want to sell” section.
Select the coin you’d like to sell (i.e., ETH) and the fiat currency to pay for it. Insert an amount, and then add a payment method. Then finally click on “Sell ETH.”
Note: Traders can also withdraw and deposit funds via “over the counter” (OTC). BigONE employs On trading (OTC), which allows customers to buy bitcoin from one another using WeChat Pay and Alipay.
BigONE Review: BigONE Trading view
Different exchanges have different trading views. And there is no “this overview is the best” view. You should determine which trading view suits you the best. What the views normally have in common is that they all show the order book, or at least part of the order book, a price chart of the chosen cryptocurrency, and order history. They usually have to buy and sell boxes as well. Before you choose an exchange, try to have a look at the trading view so that you can ascertain whether it feels right to you. Below is a picture of the trading view at BigONE.
BigOne review: BigONE Fees
BigONE Trading fees
Every time you place an order, the exchange charges you a trading fee. The trading fee is normally a percentage of the value of the trade order. BigONE charges what we call “Flat fees,” meaning that both the takers and the makers—who are new members at BigONE—pay the same fee: 0.20%. These trading fees are quite in line with the global industry averages for centralized exchanges.
BigONE also offers trading fee discounts to some of its members, depending on which membership level you have achieved. There are five levels. The image below displays all levels and discounts for spot trading fees and the next table displays the futures trading fees.
|Maker / Taker
|0.20% / 0.20%
|0.16-0.18% / 0.18%-0.2%
|0.12-0.14% / 0.14%-0.16%
|0.08-0.10% / 0.10%-0.12%
|Challenger ≥ 750
|0.06-0.07% / 0.07%-0.08%
|Challenger ≥ 750
The higher the level, the lower your trading fee. You reach a higher level by earning “Privilege Points”, and you earn Privilege Points by having a high trading volume, inviting friends to the exchange, etc.
BigONE Withdrawal Fees
Every BTC withdrawal on the website is charged a fee of 0.0005 BTC. Compared to the industry average, BigONE’s withdrawal fee is lower than the industry average, generally calculated at 0.0006 BTC.
BigONE Accepted Payment Method
Users can use debit cards and credit cards for the payment process. Buying Bitcoin or any other cryptocurrency using fiat money is significantly faster and easier than buying a cryptocurrency with another cryptocurrency. Users will receive a quick confirmation and lightning-fast payments if they choose to purchase BigONE tokens with a credit card.
BigOne review: BigONE Supported Currencies and Countries
BigONE Supported Currencies
The BigONE exchange offers 100 cryptocurrencies on its platform for buying, selling, trading, etc. Some of their most popular cryptos include:
- Bitcoin cash
BigONE Supported Countries
The BigONE crypto exchange platform supports services in a wide range of countries. It doesn’t offer services in the following regions: Burundi, the Central African Republic, China, the Congo, Cuba, Iraq, North Korea, Lebanon, Libya, Sudan, Somalia, South Sudan, Syria, Yemen, Zimbabwe, and Singapore.
BigOne review: BigONE API
In terms of customization, user-interface simplicity, navigation, and design, the trading platforms utilized by various exchange platforms differ from one another. It is because multiple criteria are used by different exchange platforms while building their trading platforms. Regardless of the variations, a good trading platform should be user-friendly, simple to browse, and have essential trading tools incorporated into its API. Clients of the BigONE exchange platform have access to a perfect trading platform.
While the BigONE API doesn’t provide a lot of information, its predecessor, Yunbi, may provide some insight. Yunbi was a two-pronged system with public and private APIs. The public API didn’t need to be verified, but the personal version did with a signature. Individuals and businesses might use it.
Like any other crypto trading platform, the web-based platform’s trading interface includes an order book, buy and sell boxes, order history, and a price chart of various digital coins. The trading platform is easy to use, intuitive, and effective in transaction analysis. BigONE also has a GitHub API for developers.
The mobile app lets you trade with ease, having all the tools you need to buy, sell, and trade at your disposal. You can trade everything from:
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- Ripple (XRP)
- Bitcoin Cash
- Tron (TRX) and other altcoins
- BigONE also has a wide range of crypto trading pairs to choose from and regularly assesses coins and projects to include on its exchange. The volume of the BigONE exchange has increased since its inception, with over 5 million registered users and over 50,000 downloads on the Google Play Store.
The screenshot below shows a review of the BigONE app.
BigONE Exchange Customer Support
Exchange platforms are fully aware that traders in the cryptocurrency market require all of the support they can get while trading. As a result, an exchange platform that does not provide essential assistance to its clients demonstrates a lack of customer focus.
The BigONE exchange platform has an online assistance center where clients may get help whenever they need it. Requests and concerns can also be sent to the support email addresses listed on their respective websites. Users can also get assistance with/answers to their questions in the FAQS section.
The BigONE crypto exchange has a native token called “ONE,” which is based on the ERC20 standard. Holding the BigONE coin grants access to certain exchange features, such as:
- Getting the best discount on fees such as trading, deposit, and withdrawal fees.
- Contribution points to improve the membership level. There are two ways to get it: to participate in BigONE events or to become a market maker.
- ONE also fuels the entire BigONE ecosystem that provides users with various services, such as BigDEX, a decentralized exchange that provides users with a set of decentralized financial services like various smart pools, Plasm mining pools, and more.
All these utilities embedded in ONE have made the token surge even higher since its inception. As of the time of writing, the price of BigONE tokens has increased by 2.27% during the last 7 days and over 12.88% in the last month. Currently, BigONE token price prediction is up to $0.00431 according to digitalcoinprice.
BigONE wallet has support for over 80 cryptocurrencies, which you can store and easily use to carry out buying, selling, and trading activities on the platform. Some of the supported cryptocurrencies include:
- ATN amongst others.
BigONE Exchange Review Reddit
These consist of BigONE exchange reviews on Reddit from BigONE users. Below are some of the top BigONE Reddit reviews from its users:
“I downloaded the BigONE app after becoming interested in pawthereum (PAWTH). As an animal enthusiast, I needed a cheap way to buy PAWTH, without paying a ton in gas fees. BigONE let me do so by transferring BTC<USDT<PAWTH. So far, I have had zero issues. Its interface is just as easy as any of the big name exchanges. I have not tried to withdraw funds, but I expect I’ll have zero issues by way of transferring BTC to another platform.”
From what I’ve dug up, the exchange seems as legit as a centralized exchange can be. A little sketchy on the origin story though.
But my current experience isn’t going too well.
If you’ve heard of the DON (Donnie Finance) airdrop that was recently held – snapshots were taken on September 30th 2021 – then you’d know that various CEXs participated. It’s now 2 days after the snapshot (Oct 2nd) and the exchange still has IOST withdrawals blocked (suspicious behavior).
Their only answer to my detailed questions is the following vagaries,
“Thank you for contacting BigONE. This is Ermi from Customer Service Support Team.
Hello, withdrawals will be opened after the airdrop event is over. Please pay attention to the follow-up announcement of the platform for details.
It was my privilege to serve you today. I hope I was able to address your enquiry to your satisfaction. If you need more assistance relating to this issue, please feel free to contact us at any time.”
Anyone know what the hell is going on with this exchange?
Could it be that they are doing this to increase their own exchange volume? or they are profiting from my deposit in some myriad of ways?
BigONE review: BigONE Company
BigONE is a global cryptocurrency exchange that provides a platform for trading various cryptocurrencies. It was founded in 2017 and registered in the Netherlands. BigONE Exchange operates in Russia, Brazil, Vietnam, Seychelles, Singapore, Japan, and Indonesia, providing marketing, investment, and blockchain technology research and development.
BigONE exchange company comprises 51-200 employees located all over different As at the time of writing BigONE exchange ranking according to coinmarketcap occupies 44th place and BigONE exchange volume has also increased drastically to $1,120,625,261 in 24hrs.BigONE exchange ranking is 44th according to coinmarketcap at the time of writing, and BigONE exchange volume has also increased dramatically to $1,120,625,261 in 24 hours.
BigONE review: Is BigONE Exchange Legit?
BigONE is looking to become the world’s most secure blockchain asset trading platform by leveraging deep-rooted technology expertise and operational processes, significantly decreasing the risks, and guaranteeing the safety of its users’ digital assets. Below are some of the safety practices of BigONE:
- Multiple Signature Cold wallet integrations: BigONE claims to have a technically strong cold wallet solution. However, it’s worth of note that no security incidents have occurred in the past five years, eliminating the risk of theft from the source.
- 2-Factor Authentication: Two-Factor Authentication (2FA) must be enabled as a requirement to withdraw and transfer your assets on BigONE.
- Know Your Customer (KYC): Without KYC verification you will not be able to withdraw or transfer your assets. To perform all the actions, and unlock all the limits on your account, KYC verification is required.
Also, BigONE implements a 100% reserve fund and has the highest security audit verification from SlowMist, a top international blockchain security company. According to SlowMist’s security evaluation report, the exchange possesses an A rating on 29 security measures.
The team doesn’t rely only on automated checkout; they also provide security manual checkups in case something unusual or suspicious happens. BigONE exchange CEO, Ian Tian, states: “BigONE has created the record of not losing even a single token since its launch.”
BigONE Review: Conclusion
In conclusion, it’s safe to say that BigONE Exchange is one of the best exchanges in the crypto industry, based on its features and benefits.
Its cutting-edge security measures, amazing trading platform, and low fees offer it a competitive edge over other crypto exchanges. However, there are certain flaws in terms of site design, fees, and other aspects.
With this BigONE review, I’m sure you now know your way around BigONE, what to expect as a beginner or an investor, and what opportunities it holds. Leave a comment and tell us what you think about the BigONE exchange.