If you’ve ever purchased or sold cryptocurrency, you’ve likely done so through a cryptocurrency exchange. These platforms specialize in offering individual crypto owners a chance to trade their crypto assets with other people in a simple, quick and relatively safe manner. This review will be about one such platform called Bibox, comparatively small but upsurging platform for cryptocurrencies.
While most traders prefer to turn to these behemoths of the crypto space for their trading needs, an evergrowing list of smaller exchanges does exist out there in the wild, looking to break the status quo and grab a piece of the market share for themselves.
Today we’ll be taking a closer look at one such exchange called Bibox; we’ll be reviewing its quirks and features and ultimately attempt to determine if said platform is a place where you should be taking your crypto trading needs to.
So what will be in this Bibox review?
Well, we will go over everything the platform has to offer and how it fares against its more famous rivals (it definitely has couple of competitive advantages over them).
What is Bibox and where is it located?
Bibox came to be in China sometime in 2017, with several former employees of other industry giants (Binance, OKCoin, Huobi) breaking off of their original platforms and joining forces to create the exchange we’re taking a closer look at today.
Key team members here include Aries Wang (founder, crypto entrepreneur and investor), Meilun Li (product manager at Bibox) and Guojie Liu (director of operations, worked as asset manager at Black Rock).
Some people will take this founding team as a sign of quality and reliability, as the platforms these individuals used to work for remain at the top of the crypto food chain.
Others will point out the shady dealings and problems…