Biconomy Review 2025

Biconomy offers P2P, Spot, and Futures trading services on 230+ Cryptocurrencies with leverage up to 1:100. Futures maker / taker fee of 0.02% and 0.06% is available with a minimum deposit requirement of $50.

Biconomy (Company Information and Regulatory Status)

Biconomy, founded on Oct 11, 2019, by Dmitry Sheludko, is a Dubai-based crypto ecosystem. The company is registered in the British Virgin Islands and holds an MSB license in the US and Canada. Key Features of Biconomy.com:

• Led by CEO Dmitry Sheludko with a bachelor's degrees in Economics and Psychology from Yale University
• Multilingual 24/7 support
• More than 200 employees
• Average daily trading volume of $910M+
• Various services, including Copy trading, Launchpad projects, Earn, Kickstarter products, and NFT marketplace

Biconomy Table of Specifications

Coin Market Cap puts Biconomy.com among the top crypto exchanges. The variety of services and multi security factors are two of the reasons that make the company stand out. Here are some specific features of Biconomy:

Biconomy Exchange Upsides and Downsides

The company already provides Crypto Spot and Futures markets and aims to offer Options trading soon. However, Bicnomy also has some flaws like any other trading platform.

Does Biconomy Offer User Levels?

Biconomy.com doesn't offer traditional user levels or tiers. Instead, it focuses on providing various services from the NFT marketplace to Launchpad with competitive fees and more security.

Biconomy Fees Explained

The exchange prides itself on offering competitive rates across its services. Biconomy’s fee structure mainly consists of spot, futures,and withdrawal commissions.

Biconomy applies a flat fee structure of 0.20% for both makers and takers in spot markets, positioning it in line with general industry norms.

Unlike tiered exchanges, Biconomy does not offer user levels, but users who hold the native BIT token may receive discounted trading fees.

Note that the fees may be different for certain currencies; for example, BIT/USDT spot fees are 6.2% for makers and takers.

We also must mention in this Biconomy review that withdrawal fees vary based on the token and the blockchain network. In the table below, we provide the associated fees for withdrawing some of the most popular cryptocurrencies.

What Coins Are Available on Biconomy Exchange?

The company has listed over 230 assets and 250+ trading pairs from various market segments, such as MEME, DeFi, and AI. Biconomy also updates its markets with the newest crypto listings. Some of the most important tokens available on Biconomy:

• BULLY
• BTC
• ETH
• USDT
• USDC
• BCH
• DOGE
• SHIB
• SOL
• XRP
• BABYDOGE
• LDO
• POL
• NEAR

With support for 30 fiat currencies and key markets like USDT, USDC, and BIT, the platform enables flexible trading opportunities across a broad asset base.

Users can place trades starting from just 1 USDT, making the platform suitable for both beginners and low-capital investors.

Futures and Margin Trading on Biconomy

The exchange primarily focuses on Futures contracts and offers leverage options of up to 1:100. Biconomy provides perpetual contracts on 55+ pairs, including:

• BTCUSDT
• ETHUSDT
• BONKUSDT
• SOLUSDT
• DOGEUSDT
• XRPUSDT
• LTCUSDT
• TONUSDT
• DOTUSDT
• NEARUSDT
• ETCUSDT

Biconomy SignUp and KYC Verification

Registering on the Biconomy platform is a straightforward process that gets you starting.

However, to unlock the full potential of the exchange and reduce the limitations on Fiat deposits and withdrawals, you must complete the KYC procedure.

#1 Biconomy official website

Visit the exchange's official website and click the "Sign Up" button on the homepage.

#2 Biconomy application form

Fill out the registration form with the following information:

• Email address
• Account password

Enter the verification code sent to your email to activate your account.

#3 Biconomy verification

Log in to the client dashboard, navigate to the KYC menu, and upload supporting documents, including:

• Proof of Identity: ID card or Passport
• Proof of Address: Residential documents alongside a piece of paper containing your user ID and date of application

Biconomy Exchange App

Like other crypto platforms, Biconomy offers its proprietary application for Android and iOS devices alongside a web-based platform. Buy/Sell crypto, price alerts, futures trading, earn products, and many more are all available on the application. Biconomy app download link:

• Biconomy Android
• Biconomy iOS
• WebTrader

Biconomy offers a sleek trading experience through its browser platform and mobile apps for Android and iOS.

The interface is designed for usability, and it includes TradingView charts, live charting tools, customizable dashboards, and real-time pricing, making it suitable for both mobile-first users and desktop traders.

TradingFinder has developed various TradingView indicators that you can use for free.

Biconomy Security

Security is a central pillar of Biconomy’s infrastructure, with 98% of user funds stored in cold wallets. The platform enforces two-factor authentication and supports secure identity verification (KYC).

While it appears to accept U.S. users, traders are encouraged to consult legal counsel regarding compliance with U.S. regulations. Biconomy safety measures:

• 98% of user assets stored in cold storage
• Multi-signature technology for withdrawals
• Regular security audits
• Two-factor authentication (2FA)
• Bug Bounty program with up to $500 reward
• Advanced encryption for data protection

Despite these measures, users should always practice personal security hygiene, such as using strong passwords and enabling all available security features.

Biconomy Payment Methods

The exchange provides two main options for buying crypto, including a P2P marketplace (Level 3 verification required) and multiple 3^rd party payment methods, including:

• Credit/Debit Cards (MasterCard, Visa)
• Apple Pay
• Crypto

The minimum deposit amount is $50 or 0.0001 BTC, and there are no additional fees. However, withdrawals incur certain charges that differ by currency.

Biconomy User Satisfaction

Trust Score may be the most important topic in this Biconomy review. The company has a profile on Trustpilot. However, its name has been changed to XXXX on the platform. Biconomy trust score:

As you can see, most of the users are unhappy with the exchange. So, we advise you to conduct thorough research before conducting any business with Biconomy.

Biconomy Features

Let's check the availability of special crypto services like staking and crypto cards on Biconomy:

Biconomy Exchange Support Channels

The company provides 24/7 support in two primary languages, including English and Chinese, via various channels, such as:

Does Biconomy Offer Copy Trading or Growth Plans?

The exchange offers a dedicated crypto copy trading software for the futures market and a comprehensive staking feature.

• Hold cryptocurrencies like BTC, ETH, USDT, TRUMPCOIN, and 13 more to earn APR of up to 100%;
• Follow and copy trades of top crypto traders;
• Provide strategies and receive up to 20% in profit shares.

Biconomy Staking

The exchange offers a dedicated staking platform that enables users to earn passive income by locking their crypto assets.

Rewards vary depending on the staking period and asset type, providing opportunities for both short- and long-term yield generation.

Biconomy Copy Trading

The platform integrates copy trading tools specifically for futures markets, allowing users to replicate the trades of seasoned professionals.

Strategy providers can earn up to 20% in profit share from their followers, creating a dual opportunity for novice and experienced users.

Biconomy Exchange Red Flag Countries

The company operates in over 150 countries worldwide. However, it is obligated to set certain geo-restrictions regarding service provision.

The exact list of prohibited countries on Biconomy is not available on its website. So, make sure to contact the support team and check your eligibility before creating an account.

Biconomy in Comparison with Other Exchanges

The table below compares Biconomy's features with some of the most popular crypto platforms:

Writer's Opinion and Conclusion

Biconomy supports fiat transactions for purchasing 230+ cryptocurrencies via Visa, MasterCard, and Apple Pay. It also offers a PAMM service for strategy providers with profit shares of up to 20%.

While Biconomy exchange offers a wide range of services, from 55+ perpetual futures to 250+ spot pairs, it has an average trust score of 2.2 on TrustPilot.