What is BigONE?
BigONE is a Singapore-based cryptocurrency exchange registered in the Netherlands that was founded in 2017. BigONE focuses on providing authentic digital trading and buying services to users around the globe. It has even introduced several languages on its platform. They also accept a handful of fiat currencies on the exchange so that a variety of users can fund their accounts or buy cryptocurrencies with local currency.
BigONE is also a complete crypto exchange, meaning that its users can not only purchase and sell crypto assets but trade them too. Several trading markets, including spot and margin, are available to diversify your portfolio. Due to its easy-to-understand layout and quick signup process, traders and investors agree that it’s easy to have a professional experience at BigONE.
My Overall Thoughts on BigONE
What more could you want from a cryptocurrency exchange than professional trading, quick investing, staking, borrowing, learning and a beginner-friendly layout? BigONE has it all, and it continues to improve these aspects, making them better and more efficient.
It is extremely easy to start trading with BigONE, as the platform contains all the necessities and options the modern trading industry requires. But in my opinion, the following are the best things about the exchange:
1) They support 100+ different cryptocurrencies: BigONE has a great variety of crypto assets for trade. You can also purchase many popular cryptocurrencies right away on the platform.
2) BigONE is an advanced trading platform with several markets: BigONE is one of the emerging cryptocurrency exchanges that actually delivers what it claims to. With the help of ultra-fast and accurate charts, easy customization, a beginner-friendly layout and the option to margin trade, the platform fulfills pretty much all of a trader’s demands. It also includes futures, which offers additional diversity to traders.
3) Users have massive earning opportunities: There are not one or two passive earning opportunities on BigONE – there are many! You can stake your assets, farm, join pools, earn money through referrals or go with a fixed or flexible savings account.
Key Features and Advantages of BigONE
BigONE offers some of the finest trading and investing features in the blockchain industry. To offer you an advanced and beneficial trading experience, BigONE supports several options for trading markets and customization of charts, so you can tailor your experience to your own style. Several other features make the platform not only advanced but convenient to use.
For a closer look at the features and advantages of BigONE, take a look at the detailed list below:
Negatives and Disadvantages of BigONE
Although BigONE has made a big name for itself in the crypto industry, it still has a few flaws to correct to make sure that users get the experience they expect from a premium cryptocurrency exchange.
What Services Does BigONE Offer?
BigONE has a great range of features and options that can benefit professional traders and investors. Due to the wide variety of choices available, users enjoy a lot of freedom on the platform.
Buy and sell cryptocurrencies within seconds: Years ago, it seemed impossible that you would eventually be able to buy cryptocurrencies within seconds. But now, due to the latest payment methods and quick verifications, it is possible. With the payment gateways available at BigONE, you can get your hands on your some of your favorite cryptocurrencies right away. All you have to do is decide which cryptocurrency you want and how you would like to pay.
BigONE offers a good variety of crypto coins that you can buy instantly:
Now, the variety of crypto coins is good but not the best. Other platforms offer a wider variety of assets to buy, but BigONE offers the assets that have the most potential. And, of course, you can also sell the listed assets using their Buy & Sell section, just as quickly and soundly as you can buy them.
100+ cryptocurrencies for trading: The diversity of crypto assets available to buy and sell at BigONE might be low, but the opposite is true when it comes to trading. There are more than 100 cryptocurrencies available to trade, including BTC, ETH, DOGE, SHIB and XRP.
But the thing that makes trading on BigONE fantastic is they provide users with statistics to help them choose the best possible asset. Users can see the best performing coins, the worst ones, the volume, the market cap, the 24 hours change and other details. By visiting the market section at BigONE, you can optimize the list of data points just as you want. But it is vital to do your own research, too, and not rely solely on the quick data available on the platform.
Advanced mobile apps: With the way the whole blockchain industry has advanced in the past few years, exchanges are generally expected to offer trading through professional mobile applications. To be sure, modern exchanges host some of the finest apps, allowing you to trade all day long without compromising on any feature or option.
BigONE also does not disappoint. It has developed powerful trading apps for Android and iOS devices that are available to users from all over the world. The exchange claims that the apps offer full trading control. They come with a super-intuitive interface, an easy layout, speed and efficiency, making a perfect combo for trading.
Diverse trading markets: There are various trading markets available at BigONE. The first one is, of course, the spot market. Another is futures. While the future market is quite compact, the spot market is a great place to start trading due to the availability of assets. The exchange also offers margin trading, so users can increase the potential of their returns. The maximum margin you can place on your positions currently is ten times, but BigONE might introduce bigger margins in the future.
Professional trading experience with top-notch charts: BigONE simply does not compromise on their users’ trading experience. Nothing about it makes you feel restricted or constrained. Right after choosing an asset to trade, you are taken to the trading section, where you are provided with all the tools necessary to start trading. You get a detailed and accurate chart, provided by Trading View, for each of the assets available on the platform. You can choose particular dates, change symbols and intervals for clarity and even use drawing tools to understand the markets better. You can also install any indicator from the massive range available. If you want to focus on only the chart without any distractions, you can enter full-screen mode. On the right panel of the trading section, you will find the order book, where you can open positions with just a click or opt for settings like stop/loss.
Beginner-friendly experience: BigONE is quite a beginner-friendly platform with easy-to-understand terms. The overall layout is also easy to understand, with every option separate from the others to make it easier to find the appropriate one. Everything is available and clearly labeled on the top bar of the website. You will find the options to trade, stake, learn and invest on the left side. On the right side are the options to visit your account, check out your assets and change your settings.
Earn with staking and other options: Staking is the latest way to earn interest on your cryptocurrencies. It works just like a bank’s savings account, but you can earn comparatively better with staking. BigONE supports staking, but only of a few specified assets: DogeCola, INNBC and TPT. These assets are available for a specific period and can be changed whenever the platform desires.
If you want to earn interest on popular assets, you will have to go with BigONE’s fixed savings option, where the returns are minimal. BigONE also offers other ways to earn, including DeFi farming, PoS pool and Mixin pool.
Dedicated learning platform with the latest info: Trading is definitely not something that you can learn within the span of a day or even a week. To get a proper grip, you must research many aspects and learn to understand markets, tactics, positions, effects and many other things. To help you, BigONE hosts a dedicated learning platform that anyone can access. Their learning center uses tutorials and guides to teach about trading and investing.
There is also a news center to keep you updated on the market. It can also help you quite a lot in opening the right positions and making the most profit.
Borrowing option: If you are short on money but confident you can pull off some great trades, then borrowing is a great option for you. Not all platforms offer loans or other forms of borrowing to their users, but if you are a legal and registered user of BigONE, you can borrow funds from the platform within seconds.
BigONE offers loans with different borrowing periods. The shortest is one month, while the longest is three months. The interest rate for these loans varies depending on the amount you are borrowing and the period you have chosen.
Relatively easy account creation: The account creation process at BigONE is very easy and straightforward. On their account creation page, you are provided with two options. You can create an account with either your mobile phone number or an email. After that, you will only have to create a password and confirm your mobile number or email address and you will be able to access the platform. However, if you want to use every single feature, including using the trading platform or withdrawing funds, you will have to verify your identity first.
70% commission rebate from referrals: Another excellent way to earn passively from the exchange is to refer friends, relatives or other associates who trade assets to BigONE. Users can earn a 70% commission rebate from their referrals, which is great compared to other crypto exchanges.
Strong security and protection: BigONE likes to stay one step ahead of everyone in terms of security and protection to ensure there are no hacks or breaches. They keep their hot and cold wallets separate and they monitor their wallets, guaranteeing the safety of their users’ funds. They also require signatures and give users the option to secure their accounts by notifications and two-step verification systems.
Things I Don't Like About BigONE
There are very few negatives about BigONE, but they are still important to consider when choosing between BigONE and other crypto exchanges. I detail the disadvantages below.
No live chat option: The customer service of BigONE is definitely not the best. They don’t have a live chat option to serve their users quickly and efficiently. Yes, they are thoughtful of their users, providing multiple languages, a user-friendly layout and other navigational advantages, but there should be a quick way to answer users’ questions. I hope they will add a live chat option in the future, which would solve one of the very few problems you might face on the exchange.
Verification required to enable basic options: Signing up at BigONE is a piece of cake. However, to perform financial transactions on the platform, you will first have to submit identification verification documents. This is a great disadvantage to many traders and investors, as they cannot even place orders or open positions if they are not verified. Without verification, you also cannot buy crypto assets with your credit or debit card or withdraw your funds. These are very basic things that seem unnecessarily restricted on the platform.
BigONE Deposit Fees
The deposit fees at BigONE are as follows:
- Cryptocurrency: Free
- Visa/Mastercard/Apple Pay: The fee ranges anywhere between 2% and 5%
BigONE Trading Fees
The basic trading fee at BigONE starts at 0.2% for takers and makers at the bronze account level. If you manage to promote your account, your fee is lowered. To understand the whole scenario better, take a look at the chart below:
The level of your account’s privilege points increases based on your identity verification status, trading history, friends invitations, assets overview and activities overview.
BigONE Fiat Withdrawal Fee
BigONE does not let users withdraw fiat currencies.
BigONE Crypto Withdrawal Fee
The fee for crypto withdrawals changes depending on market conditions.
Pros and Cons of BigONE
- 100+ cryptocurencies to trade
- Earn through staking and other modes
- Crypto borrowing available
- Professional trading experience with multiple markets
- Beginner-friendly exchange
- No live chat support
- Verification required for different activities
There are many factors that dictate whether a crypto exchange is a good or bad choice for investors and traders. Some of those factors are necessary and should not be compromised, such as the availability of diverse trading markets, accurate charts, an intuitive layout and a great buying and selling experience. With BigONE, you find all of these aspects, without any hassle.
The only parts of the platform that need a little work are their customer support and verification process. Otherwise, they are near perfect.
If you want to do some more research before signing up to BigONE, you can take a look at our article on the best cryptocurrency exchanges. There is also a quick comparison table underneath that you can use to check some important info on various top crypto platforms.
Comparison Table of the Best Crypto Exchanges in the USA
eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. "Virtual currencies are highly volatile. Your capital is at risk."
Frequently Asked Questions
Yes, BigONE is available for US users. It is also available in countless other countries.
Yes, BigONE employs premium security measures, and the crypto exchange can be trusted for your day-to-day trading and investing activities.
BigONE has a wide range of cryptocurrencies. You can find more than 100+ digital assets on the platform that are available to trade right away.
Marketplacefairness.org provides all its content for informational purposes only, and this should not be taken as financial advice to buy, trade or sell cryptocurrency or use any specific exchange. Please do not use this website as investment advice, financial advice or legal advice, and each individual's needs may vary from that of the author. This post includes affiliate links with our partners who may compensate us.