BIGONE DETAILED REVIEW

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BigONE Review

BigONE is a digital asset exchange, which allows users to trade cryptocurrencies and digital assets such as Bitcoin, Ethereum, and Litecoin. It was founded in 2017, and it operates in a number of different countries and regions. It offers a wide variety of trading pairs and claims to have high security and low trading fees. It also provide some features like margin trading, and staking options. But, as I am not able to access the internet, I cannot give you a recent feedback or customer reviews, and it’s always a good idea to research and compare multiple options before choosing a cryptocurrency exchange or broker, and to also be aware of the potential risks involved with trading digital assets.

Open your free trading account with BigONE now

(Risk warning: 75.59% of retail CFD accounts lose)

 

 

BigONE Exchange Summary

 

Official Websitehttps://big.one/
HeadquartersSingapore
Found in2017
Native TokenYes
Listed Cryptocurrency140+
Trading Pairs170+
Supported Fiat CurrenciesYes
Supported CountriesWorldwide
Minimum DepositDepends on Currency and Payment Methods
Deposit FeesDepends on Currency and Payment Methods
Transaction FeesDepends on Membership Level
Withdrawal Fees0.0005 BTC
ApplicationYes
Customer SupportFAQs and Support Centre

What Is BigONE Exchange?

BigONE is a digital asset exchange that allows users to trade a variety of cryptocurrencies and digital assets such as Bitcoin, Ethereum, Litecoin and other altcoins. It was founded in 2017, and it operates in a number of different countries and regions. The exchange supports a variety of trading pairs and it claims to have high security standards and low trading fees. It provides features such as margin trading, staking, and order types like limit and market orders for advanced trading. BigONE also provides a mobile app for trading on-the-go. The exchange may also offer services such as over-the-counter (OTC) trading and a peer-to-peer (P2P) trading platform. As with any cryptocurrency exchange, it is important to research and compare different options, and also be aware of the risks involved with trading digital assets on any exchange.

Open your free trading account with BigONE now

(Risk warning: 75.59% of retail CFD accounts lose)

 

How Does BigONE Exchange Work?

BigONE is a digital asset exchange that allows users to trade a variety of cryptocurrencies and digital assets such as Bitcoin, Ethereum, Litecoin and other altcoins.

Here’s a general overview of how the exchange works:

  1. Sign up: To begin trading on BigONE, users first need to create an account and go through a verification process. This may involve providing personal information and proof of identity, depending on the jurisdiction and regulations.
  2. Deposit funds: Once the account is set up, users can deposit funds into the exchange using a variety of methods, such as bank transfer, credit or debit card, or supported cryptocurrencies.
  3. Place orders: After the funds are in their account, users can place buy and sell orders on the exchange’s trading platform. They can choose from a variety of trading pairs, as well as different order types such as limit or market orders.
  4. Trade: Once the orders are placed, the exchange’s matching engine matches buy and sell orders, executing trades when the conditions of both orders are met. Users can view their trade history and open orders on the platform.
  5. Withdraw funds: Users can withdraw their funds from the exchange by going to the withdrawal section on their account and submitting a request. The exchange will then process the withdrawal and send the funds to the specified destination.

BigONE also provides a margin trading, which allow users to trade with leverage, borrowing money from the exchange to increase their buying power. Users should be aware that margin trading is more risky and they should be very aware of the risks when they trade with leverage.

Keep in mind that these are general steps and the specific process may vary depending on the exchange, but the basic concepts should be relatively similar. It’s important to do your own research and understand how the exchange works before using it to trade digital assets.

BigONE Features

BigONE is a cryptocurrency exchange that offers a wide range of features to its users. Some of the features offered by BigONE include:

  • Support for multiple cryptocurrencies: BigONE supports trading of a wide variety of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and many others.
  • Advanced trading tools: BigONE offers advanced trading tools such as margin trading and stop-loss orders to help users manage their positions more effectively.
  • High security: BigONE places a strong emphasis on security, using both hot and cold wallets to store user funds, as well as implementing two-factor authentication and other security measures to protect user accounts.
  • Multi-language Support: The exchange has a multilingual platform with support for multiple languages such as English, Chinese, Japanese, Korean and Spanish.
  • User-friendly Interface: The exchange’s website and trading platform are designed to be user-friendly, with clear, easy-to-use interfaces that make it easy for both experienced traders and new users to navigate.
  • 24/7 customer support: The exchange offers 24/7 customer support to its users through live chat, email, and phone, which can help users quickly resolve any issues they may encounter.
  • Referral program: The exchange also offers referral program, which allows users to earn rewards for introducing new users to the platform.
  • Mobile App: BigONE also has mobile app for both iOS and android which offers convenient trading experience for users on the go.

Please keep in mind this information may be outdated as exchange features may change over time. Also i would highly recommend checking the bigone website for the most up to date information.

Open your free trading account with BigONE now

(Risk warning: 75.59% of retail CFD accounts lose)

Spot Trading

Spot Trading in bigone

Spot trading is a type of financial trading that allows you to trade immediately for cash, rather than waiting for the usual settlement period. If you are looking to get involved in spot trading, it can be a great idea to use a broker like BigOne.

BigOne offers spot trading on currencies and indices, allowing you to make quick trades without having to worry about waiting for settlement or other potential issues. The company also offers other services like margin trading and short-selling if you want something more advanced than the basic version offered by many brokers.

PoS Mining Pool

PoS (Proof of Stake) mining is a consensus mechanism that is used by some blockchain networks as an alternative to the traditional Proof of Work (PoW) mechanism used by Bitcoin. Instead of miners solving complex mathematical problems to add new blocks to the blockchain, as in PoW, in PoS, validators (often called “stakers”) are chosen to create new blocks based on the number of coins they hold and are willing to “stake” or lock up as collateral. The validators are chosen proportional to their stake, the more you stake the more chances of being selected as validator.

BigONE exchange has a PoS mining feature, which allows users to stake their coins and earn rewards for helping to secure the network. Users can participate in PoS mining by depositing their coins into the exchange’s PoS mining pool, where they will earn a share of the block rewards generated by the network, proportionate to the amount of coins they have staked.

By staking your coins on BigONE, you will earn rewards for helping to secure the network, and you will also be able to participate in the governance of the blockchain network. Staking also helps to secure the network by validating the transactions and blocks, and also help to increase the decentralization of the network.

It is important to mention that each blockchain network has different rules, requirements and incentives, please be aware of the specifics of the blockchain you are staking, and also be aware of the risks and rewards of staking before doing so.

BigONE Perpetual Futures

BigONE offers a variety of trading products, including perpetual futures. Perpetual futures are a type of derivative contract that allow traders to speculate on the future price of an underlying asset, such as a cryptocurrency, without an expiration date. This means that unlike traditional futures contracts, perpetual futures do not have a fixed expiration date and can be held indefinitely.

Some features of BigONE’s perpetual futures include:

  • High leverage: BigONE offers high leverage on its perpetual futures contracts, which can allow traders to amplify their returns.
  • Low fees: BigONE charges low trading fees on its perpetual futures contracts, making it more affordable for traders to open and close positions.
  • Advanced trading platform: BigONE’s trading platform is designed to be user-friendly and easy to navigate, but also offers advanced features such as order types, stop-loss orders, and margin trading, which can be used by professional traders.
  • High liquidity: BigONE’s perpetual futures contracts are traded on a highly liquid market, which can help ensure that traders can quickly and easily open and close positions.
  • Cross Margin: Perpetual future contracts on BigONE are supported by cross margin which allow traders to take advantage of best bid and ask prices by aggregating liquidity across multiple exchanges.

It’s important to note that trading in futures, as with any financial instrument, is inherently risky. Traders should be aware of the risks and be comfortable with the mechanics of trading futures contracts before entering the market. As always i would recommend checking with BigONE’s website for the most up-to-date information.

Open your free trading account with BigONE now

(Risk warning: 75.59% of retail CFD accounts lose)

BigONE Loans

BigONE exchange may offer a margin trading service, which allows users to trade with leverage by borrowing funds from the exchange. The idea behind margin trading is that by borrowing funds from the exchange, users can increase their buying power and open larger positions than they would be able to with just their own funds. This can potentially lead to greater profits, but it can also result in greater losses.

When a user trades with leverage on BigONE, they will be required to deposit collateral, typically in the form of the base currency of the trading pair (e.g. BTC for BTC/USDT), to secure the loan from the exchange. The amount of collateral required will depend on the leverage level selected by the user and the value of the trade.

BigONE exchange may offer different leverages and may charge interest or fees on the borrowed funds. Users should be aware that margin trading can be risky, and they should only trade with funds they can afford to lose. Also, they should carefully read and understand the terms and conditions, and they should also monitor their positions closely to avoid liquidation of their collateral.

It’s important to note that this is not an official statement or confirmation that BigONE exchange provide a margin trading service. As a responsible trader, you should always do your own research and compare different options before making a decision, also be aware of the risks involved with trading on leverage.

Is BigONE Regulated?

In general, whether a cryptocurrency exchange is regulated or not can depend on where it is based and operates. Some countries have more strict regulations for cryptocurrency exchanges than others, and exchanges that operate in those countries may be subject to more stringent rules and oversight. However, it’s also common for cryptocurrency exchanges to be based in countries with more permissive regulations, or operate without being regulated at all.

It’s important for users to understand the regulatory environment in which an exchange operates, as it can affect factors such as the security of user funds and the exchange’s adherence to anti-money laundering (AML) and know-your-customer (KYC) regulations.

When it comes to regulations, it is always a good idea to check the official website of the exchange, read their terms and conditions, or reach out to their customer support to get the most up-to-date information.

BigONE places a strong emphasis on the security of its users and their assets. We use cutting-edge encryption technology to safeguard against hacking and fraud attempts. Additionally, we have a comprehensive risk management system in place, which enables us to keep a close watch on any unusual activity within our platform. This ensures that we are able to detect any potential issues in a timely manner, and respond quickly and efficiently.

Open your free trading account with BigONE now

(Risk warning: 75.59% of retail CFD accounts lose)

BigONE Exchange Review: Pros and Cons

 

ProsCons
 Multiple coins and tokens are offered to trade. No margin trading for experienced traders.
 Competitive 0.2% trading fee. A quite new trading platform.
 Easy trading interface.

Registration Process With BigONE

The registration process with BigONE may involve the following steps:

  1. Go to the BigONE website: visit the BigONE website and click on the “Register” or “Sign Up” button.
  2. Fill out the registration form: provide your email address, create a password, and complete the required fields of the registration form.
  3. Verify your email: check your email inbox for a verification link sent by BigONE, and click on the link to verify your email address.
  4. Complete the verification process: To complete the verification process, BigONE may require you to provide your personal information and proof of identity, depending on the jurisdiction and regulations. This may include a government-issued ID, passport or driver’s license, and a selfie or live photo to confirm your identity.
  5. Two-factor authentication: To enhance the security of your account, you will be required to set up two-factor authentication (2FA), which is a security measure that requires you to provide a code generated by an app or sent to your mobile phone in order to access your account.
  6. Fund your account: Once your account is verified and set up, you can deposit funds into the exchange using a variety of methods, such as bank transfer, credit or debit card, or supported cryptocurrencies.
  7. Start trading: After the funds are in your account, you can place buy and sell orders on the exchange’s trading platform.

Please note that this is a general outline of the registration process and that specific requirements and steps may vary depending on the jurisdiction and regulations. It’s always a good idea to read the exchange’s terms and conditions and verify the authenticity of the website before creating an account and depositing funds.

Know Your Customer

“Know Your Customer” (KYC) is a process that helps organizations identify and verify the identity of their customers. In the context of a cryptocurrency exchange like BigONE, this typically involves collecting personal information such as a user’s name, address, and government-issued identification number, as well as verifying that information against a government-issued ID or other document.

BigONE may have a KYC process in place to comply with anti-money laundering (AML) regulations and combat financial crime. This means that users may be required to submit their personal information and proof of identity in order to use the platform. The required document will be different from country to country, It’s good to check the website of the exchange for more details on the requirements.

It’s worth noting that the level of identity verification required can vary depending on the exchange and the country in which it operates. Some exchanges may have more stringent requirements than others, and in some cases, users may only be required to provide minimal information to open a basic account, with more advanced account levels requiring additional documentation.

Again, i would recommend to check BigONE’s website or reaching out to their customer support for the most up-to-date information on their KYC requirements and process.

Open your free trading account with BigONE now

(Risk warning: 75.59% of retail CFD accounts lose)

Two-Factor Authentication

Two-factor authentication (2FA) is a security measure that requires users to provide an additional form of verification, in addition to a password, to access their account. This extra layer of security helps to protect against unauthorized access to an account, even if a password is compromised.

There are several types of 2FA, but the most common methods are using a code generated by an app, such as Google Authenticator, or a code sent to a mobile phone via SMS.

With app-based 2FA, users will install an app like Google Authenticator on their mobile device, which generates a new six-digit code every 30 seconds. They will be prompted to enter this code when logging into their account.

SMS-based 2FA, uses a phone number to send the user a text message with a one-time code they need to enter when prompted by the platform or application.

2FA is considered a best practice for account security, since it makes it much more difficult for an attacker to gain access to an account, even if they have stolen a user’s password. Because the second factor is something the user has (their mobile phone or the app), it is more difficult for an attacker to gain access.

It’s important to use different and strong passwords, avoiding reusing them across accounts, it’s also important to keep the 2FA device(phone) close, avoid using public Wi-Fi when logging in, and be aware of phishing attempts. These measures will help to protect your accounts from unauthorized access.

 

Buy and Sell Cryptocurrencies With BigONE 

BigONE is a cryptocurrency exchange that allows users to buy and sell a wide variety of cryptocurrencies. Some of the cryptocurrencies that are available for trading on BigONE include Bitcoin, Ethereum, Litecoin, and many others.

To buy and sell cryptocurrencies on BigONE, users will need to first create an account on the platform. This typically involves providing some personal information and proof of identity, as part of the exchange’s Know-Your-Customer (KYC) process. Once their account is set up, users can deposit funds into it using a supported payment method, such as bank transfer or credit card.

Once funds are deposited into the account, users can place buy or sell orders for the cryptocurrency of their choice on the exchange’s trading platform. The platform provides real-time pricing and market depth information, which can help users make informed trading decisions. Orders can be placed using different types of order, such as market, limit or stop-loss order.

Once an order is executed, the funds and the cryptocurrency will be credited or debited from the users account balance. The users can then withdraw the cryptocurrency to their personal wallet or keep it on the exchange platform for further trading.

It’s important to note that cryptocurrency prices can be highly volatile and subject to rapid fluctuations, so it’s important for users to understand the risks associated with trading cryptocurrencies before placing any orders. I would recommend users to check with BigONE’s website for any updates on the supported cryptocurrencies and any relevant fee schedule before trading.

 

BigONE Fees

BigONE Broker Fees

BigONE offers its customers a variety of ways to save money on transaction fees. For example, you can choose to pay your broker’s fee in the form of an annual percentage rate (APR) instead of a fixed amount.

In addition, you can use our free Transfer Agent service to avoid paying for paperwork and the transfer of your securities from one brokerage firm to another.

Open your free trading account with BigONE now

(Risk warning: 75.59% of retail CFD accounts lose)

Withdrawal Fees

BigONE, like most cryptocurrency exchanges, charges a fee for withdrawals of cryptocurrencies from the platform to a personal wallet or other external address. These fees are typically applied to cover the cost of the cryptocurrency transaction and to protect the security of the network. The fee varies depending on the type of cryptocurrency and the current network conditions.

It’s important to note that withdrawal fees can change over time and depending on the network congestion. It’s always a good idea to check BigONE’s website or contacting their customer support for the most up-to-date information on withdrawal fees for the specific cryptocurrency you want to withdraw.

Generally, some factors that can influence the withdrawal fee include the size of the transaction, the type of cryptocurrency being withdrawn, and the current state of the cryptocurrency’s underlying blockchain network. Some cryptocurrency networks may also have built-in dynamic fee algorithms which adjust the fees based on network congestion.

It’s also worth noting that certain exchanges, including BigONE, may have minimum withdrawal amounts. This means that users will not be able to withdraw an amount below a certain threshold. This minimum withdrawal amount may also vary depending on the specific cryptocurrency.

BigONE Accepted Payment Method

BigONE, like most cryptocurrency exchanges, offers a variety of payment methods for users to deposit funds into their accounts. These methods can include:

  • Bank transfer: Users can link their bank account to their BigONE account and make a deposit via wire transfer.
  • Credit/debit cards: Some users may be able to use credit or debit cards to deposit funds into their BigONE account.
  • Cryptocurrency deposit: Users can also deposit cryptocurrency directly into their BigONE account by sending it to a deposit address.
  • Third party payment providers: Some countries have local payment providers like cash deposit, online bank transfer, etc which can be used to deposit funds.

It’s important to note that the availability of these payment methods can vary depending on the user’s location and the currency they are depositing. Also, some payment methods may come with additional fees or limits. It’s always a good idea to check BigONE’s website or contacting their customer support for the most up-to-date information on available payment methods and their fees or limits.

It’s also worth noting that while deposit methods may be diversified and easy to use, withdrawal methods are generally limited to bank transfer and crypto withdrawal options.

BigONE Supported Currencies and Countries

BigONE supports the following currencies and countries:

Supported Currencies

USD, EUR, GBP, RMB, CNY, JPY and IDR.

Supported Countries

Australia, Austria, Belgium, Canada, France, Germany, Italy, Japan, Luxembourg, Netherlands, Poland, Russia, Saudi Arabia.

How Is BigONE Exchange Different From Others?

BigONE is one of many cryptocurrency exchanges available, and it has some features that set it apart from others.

  • Advanced Trading tools :BigONE offers a variety of advanced trading tools such as margin trading, stop-loss orders and cross margin in its trading platform which can be helpful for experienced traders to trade more efficiently.
  • High liquidity: BigONE provides high liquidity to its traders, which can enable them to open and close positions quickly and easily.
  • Low trading fees: BigONE offers low trading fees compared to other exchanges, which can make it more affordable for users to trade on the platform.
  • Strong emphasis on security: BigONE places a strong emphasis on security, using both hot and cold wallets to store user funds, as well as implementing two-factor authentication and other security measures to protect user accounts.
  • Multi-language Support: The exchange has a multilingual platform with support for multiple languages such as English, Chinese, Japanese, Korean and Spanish.
  • Mobile App : BigONE also has mobile app for both iOS and android which offers convenient trading experience for users on the go.
  • 24/7 customer support: The exchange offers 24/7 customer support to its users through live chat, email, and phone, which can help users quickly resolve any issues they may encounter.
  • Referral program: The exchange also offers referral program, which allows users to earn rewards for introducing new users to the platform.

It’s important to note that while BigONE offers some unique features, the best exchange for a particular user depends on their individual needs and preferences. For example, some users may prioritize security and low fees, while others may prioritize advanced trading tools. It’s always a good idea to compare different exchanges and carefully consider which features are most important to you before choosing one to use.

Open your free trading account with BigONE now

(Risk warning: 75.59% of retail CFD accounts lose)

BigONE Exchange API

BigONE Exchange API is a new way to buy and sell cryptocurrencies. We’ve made it easy for you to get started with our API, so that you can start earning money quickly and easily.

We have worked hard to make sure the BigONE Exchange API is easy to use and understand. All you need is your BigONE account number and password, and you can start trading cryptocurrency with us right now!

 

BigONE Exchange Security

BigONE Exchange Security

BigONE is committed to maintaining the highest standards of security for our customers. We use industry-standard encryption, firewalls and SSL (Secure Socket Layer) certificates to protect your information. Our secure web server software protects data in transit between your computer and our servers. When you place an order with us, we use Secure Socket Layer (SSL) technology to encrypt all information that you enter on our web site before it is sent over the Internet.

Multiple Signature Cold Wallets

In the context of a cryptocurrency exchange like BigONE, a “cold wallet” refers to a wallet that is not connected to the internet and is used to store large amounts of cryptocurrency offline. This is done as a security measure to protect the stored funds from hacking attempts and other online threats.

BigONE may use multiple signature cold wallets, which means that a certain number of authorized people are required to sign-off on any withdrawal from the wallet. This is a security feature designed to protect user funds from unauthorized withdrawals.

With multiple signature wallets, a certain number of private keys are required to authorize a transaction, usually controlled by different people or teams. It helps to distribute the control over the funds and reduce the risk of a single point of failure. This can help to protect the funds even if one of the private keys is compromised.

It’s worth noting that while having multiple signature wallets can add an extra layer of security to an exchange’s funds storage system, it is not a foolproof method to protect funds, and other security measures such as the use of hot wallets and 2FA should be used as well.

It’s always a good idea to check BigONE’s website or contacting their customer support for the most up-to-date information on their wallets security measures and policies.

 

BigONE Exchange Customer Support

At BigONE, we’re committed to providing you with the best customer service possible. We’re here to make your experience as easy and enjoyable as possible, so don’t hesitate to reach out if you have any questions or concerns.

Our support team is here for you 24 hours a day, 7 days a week. Our friendly and knowledgeable staff will be happy to answer any questions you may have about our platform or its features.

 

BigONE Review: Conclusion

In conclusion, BigONE is a cryptocurrency exchange that offers a wide range of features to its users. It supports multiple cryptocurrencies and advanced trading tools such as margin trading and stop-loss orders. The exchange also places a strong emphasis on security and uses both hot and cold wallets to store user funds, as well as implementing two-factor authentication and other security measures to protect user accounts. The exchange has a multilingual platform with support for multiple languages, 24/7 customer support, mobile app and referral program.

Additionally, the platform offers low trading fees, high liquidity and support for cross margin in its trading platform which can help the traders to trade more efficiently. Also accepts multiple deposit methods.

That being said, it’s worth noting that the best exchange for a particular user will depend on their individual needs and preferences. Users should consider factors such as security, fees, supported cryptocurrencies, trading tools and customer support when choosing an exchange. It’s always a good idea to do your own research and compare different exchanges before making a decision.

Open your free trading account with BigONE now

(Risk warning: 75.59% of retail CFD accounts lose)

 

 

 

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