BigONE offers 500+ cryptocurrencies with futures contracts with leverage of up to 100x and margin trading pairs with 10x leverage.
Spot trading is possible without verification on this exchange, and it comes with a 0.2% (or lower) fee. Futures maker traders are charged a 0.02% and takers pay a 0.06% cost on this platform.
BigONE Company Information & Regulation
This corporation with a team of 101-250 people, founded in 2017 and registered in Seychelles, operates under the legal name BigONE, LLC.
There is not much other information available about the company structure, and it is not regulated by any financial authorities.
BigONE Exchange Key Specifications
Here's a summary of the key features that have made up the mentioned company as a cryptocurrency exchange:
Exchange | BigONE |
Launch Date | 2017 |
Levels | Unverified, Fundamental, Advanced |
Trading Fees | Starts from 0.2% for Spot Trading, Fixed 0.02% For Futures Maker, And Fixed 0.06% For Futures Taker |
Restricted Countries | United States, Iran, Iraq, North Korea, China, etc. |
Supported Coins | 500+ |
Futures Trading | Yes |
Minimum Deposit | None |
Deposit Methods | Cryptocurrencies, Credit/Debit Cards |
Withdrawal Methods | Cryptocurrencies, Credit/Debit Cards |
Maximum Leverage | 100x |
Minimum Trade Amount | 10 USDT |
Security Factors | Penetration Test, Bug Bounty, Proof of Reserves |
Services | Copy Trading, Staking, Dual Investment, Mixin Node, ETH PoS Validator, Loans, Liquidity Mining, etc. |
Customer Support Ways | Email, Ticket, Live Chat |
Customer Support Hours | 24/7 |
Fiat Deposit | Yes |
Affiliate Program | Yes |
Orders Execution | N/A |
Native Token | ONE |
User Verification Level System
BigONE employs a tiered user level structure based on the identity verification. These levels differ in 2 factors which are discussed in this table:
Level | Withdrawal Limits | P2P Trading |
Unverified | 0 BTC | Not Available |
Fundamental | +50 BTC Daily | 300 USDT Daily |
Advanced | +50 BTC Daily | 200K USDT Daily |
The spot transactions and deposits are unlimited across all user levels.
What Commissions and Fees Are Applied in BigONE?
The exchange's fees are designed to be affordable in the trading orders. The futures trading costs are fixed at a rate of 0.02% for maker and a 0.06% for taker.
However, the spot trading commissions start from 0.2%, but goes lower based on the trading volume:
Discount Level | Maker Fee | Taker Fee |
VIP 1 | 0.2% | 0.2% |
VIP 2 | 0.18% | 0.19% |
VIP 3 | 0.17% | 0.18% |
VIP 4 | 0.16% | 0.17% |
VIP 5 | 0.1% | 0.12% |
VIP 6 | 0.08% | 0.1% |
VIP 7 | 0.07% | 0.09% |
VIP 8 | 0.06% | 0.08% |
You can upgrade your level either by increasing your 30-day trading volume or your 30-day average asset holdings.
As it is on most other crypto exchanges, there is no deposit fee; however, a withdrawal cost is charged based on the blockchain load.
Coins/Tokens Available for Trading
BigONE offers a diverse range of more than 500 cryptocurrencies and tokens for trading from various sectors:
- Layer2
- Rollup
- ZX
- Web3
- NFT
- Metaverse
- GameFi
- Meme
- And more
Futures Trading and Margin Pairs on BigONE
The exchange offers both futures and margin trading options. We will have a quick overview in this section of BigONE review:
- Perpetual futures contracts in USDT-Margined and Coin-Margined categories with leverage of up to 100x
- Margin trading pairs with up to 10x leverage
Quick Guide on How to Sign Up and Verify
Registering and verifying your account on BigONE is a procedure done in a short time. For signing up, go through these steps:
- Visit the official website and click on the "Sign Up" button;
- Enter your email address and create a password suitable for your account;
- Click on "Send Code", then enter the verification code in the related field;
- Agree to the terms of service and click on "Create Account".
After these stages, you will have your account on the website. For trading without any limitations, verify your identity by providing necessary information and documents to the company.
BigONE Safety and Security Evaluation
The company prides itself with a 3-star score obtained from CER.live website for its security measurements. The score is given based on these 3 factors:
- Bug bounty
- Penetration test
- Proof of reserve
The mentioned source has given a BBB rating to this exchange.
Payment Options and Withdrawal Methods
BigONE Exchange offers a limited list of options for making deposits and withdrawals:
- Cryptocurrencies: Based on blockchain transactions between digital wallets
- Credit/Debit Cards: For fiat deposits and buying assets
Trust Scores and Ratings for BigONE
When it comes to trust, we rely on reputable sources such as "Trustpilot" and "CoinGecko" to evaluate a platform. Here is an detailed overview:
- Trustpilot: A low 2.1/5 based on a paltry 16 reviews
- CoinGecko: A more promising Trust Score of 8/10
- ScamAdviser: A Trustscore of 76/100, but a 2.2/5 user rating with approx. 20 reviews
Copy Trading and Other Passive Earning Services
This is where the discussed exchange shines the most; it provides access to a decent variety of options for earning passive income besides trading. We will mention the notable ones:
- Copy Trading
- Staking
- Dual Investment
- Mixin Node
- ETH PoS Validator
- Loans
- Liquidity Mining
Writer's Opinion And Conclusion
BigONE operates based on 3 levels [Unverified, Fundamental, Advanced] for identity verification, which differ regarding P2P trading limitations [going up to 200K USDT daily] and withdrawals [up to +50 BTC daily].
CoinGecko has given the mentioned exchange an 8/10 trust score, and ScamAdviser evaluates it as a 76/100.
