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 40 global 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:

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.

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

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. Visit the Biconomy official website;
2. Click “Sign Up”;
3. Provide your email address and set a strong password;
4. Enter the verification code sent to your email;
5. Provide proof of identity (ID card or passport) and proof of address (residential documents alongside a piece of paper containing your user ID and date of application);

Biconomy Security

In July 2024, North Korean hackers steal approximately $234.9M worth of crypto from the WazirX exchange, according to Wikipedia. The incident showcases the importance of security in a Crypto platform. With this in mind, Biconomy has implemented multiple security measures, including:

• 98% of user assets are 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, and there are no additional fees. However, withdrawals come with certain charges which differ based on the 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.

Does Biconomy Offer Copy Trading or Growth Plans?

The exchange offers a dedicated copy trading feature and a comprehensive copy trading feature for its future contracts.

• 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.

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.