What Is Biconomy.com?
Biconomy.com is a cryptocurrency trading and investment platform where users can easily buy, sell, exchange, and store cryptocurrencies. The platform is intuitive and beginner-friendly, supporting basic crypto transactions, digital wallets, and payments such as SEPA,SWIFT, etc.
Established in October 2019, Biconomy.com currently serves over 1 million users and institutions globally, offering access to a wide range of assets and contracts across Spot and crypto derivatives like Futures and Options. The platform also includes features like Demo and Copy Trading, Launchpad projects, Earn and Kickstarter products, an NFT Marketplace, and more.
Biconomy.com provides a professional platform where crypto investors and traders can benefit from an ultra-fast matching engine, 24/7 customer service, a robust mobile app, and multilingual community support. To withdraw funds from accounts or deposit cryptocurrencies, users must complete a mandatory KYC, or “Know Your Customer,” process.
Biconomy.com also has a native token, BIT, and plans to develop its native blockchain, which will allow builders and projects to deploy DApps and enable developers to fully utilize the platform's infrastructure.
Who Are the Biconomy.com Founders?
The company was founded by Dmitriy Sheludko, who is also the current CEO. To make Bitcoin trading as secure as possible for all cryptocurrency enthusiasts, he decided to build a trading platform. Dmitriy Sheludko holds bachelor's degrees in Economics and Psychology from Yale University and has extensive experience in trading and money management on the NYSE before joining the crypto world in 2014.
When Did Biconomy.com Launch?
Biconomy.com was launched in October 2019.
Where Is Biconomy.com Located?
Biconomy.com is one of the first cryptocurrency exchanges in the market, with a team distributed all over the world. The company is registered in the British Virgin Islands, but it does not have a physical head office, and all employees work remotely due to the nature of the crypto business.
Biconomy.com Restricted Countries
Biconomy.com is available in over 100 countries, although some functions may be restricted in certain areas. The full list of restricted regions can be viewed on the official website.
What Coins Are Supported on Biconomy.com?
Biconomy.com lists over 180 crypto tokens and offers more than 200 spot trading pairs, including major coins like BTC, ETH, BIT, SOL, APE, LTC, DOGE, SHIB, AVAX, MATIC, DOT, AAVE, XRP, and more.
How Much Are Biconomy.com Fees?
Commissions on the platform are highly competitive and among the lowest in the market. Users can deposit funds without any fees, while withdrawal fees vary depending on the cryptocurrency.
Trading fees on the platform start at 0.10% and decrease as trading volume increases. For regular users, fees are based on their 30-day trading volumes, with rates following a maker-taker model.
Is It Possible To Use Leverage or Margin Trading on Biconomy.com?
Biconomy.com offers its clients the ability to trade with up to 100X leverage on crypto derivatives products. Available products include BTC/USD, ETH/USD, XRP/USD, EOS/USD, and other perpetual contracts. Users can also utilize isolated margin and cross margin. Customers have access to inverse perpetuals, crypto futures, crypto options, and leveraged tokens.