Biconomy Exchange
Biconomy Exchange Review 2025 – Is It a Safe Crypto Exchange?
Looking to trade cryptocurrencies on Biconomy (BICO)? In this detailed 2025 review, we examine Biconomy Exchange’s safety, features, fees, supported assets, trading experience, security measures, and more. By the end, you’ll know whether Biconomy is a reliable crypto exchange for your trading and investment needs.
| Feature | Details |
|---|---|
| Exchange Name | Biconomy Exchange |
| Founded | 2019 |
| Headquarters | Canada (global operations) |
| Regulation | Registered MSB (Canada & U.S. FinCEN); not a fully regulated securities exchange |
| Minimum Deposit | No minimum |
| Supported Platforms | Web, iOS, Android, API |
| Assets Offered | 500+ Cryptocurrencies, Spot Trading, Futures, Staking, Launchpad |
| Leverage | Up to 1:125 (Futures) |
Regulation & Safety
Biconomy Exchange follows regulatory registration standards as a Money Services Business (MSB).
- Registered with FINTRAC Canada as an MSB
- Registered with U.S. FinCEN as an MSB
- Basic KYC/AML procedures
- Two-factor authentication (2FA) support
- Cold-wallet majority fund storage
However, note that Biconomy is **not a fully regulated stock/derivatives exchange**, and crypto regulations vary by region.
Account Types Offered
| Account Type | KYC Level | Limits | Features |
|---|---|---|---|
| Unverified | No KYC | Small withdrawal limits | Spot trading only |
| Verified | Basic KYC | Higher deposit & withdrawal limits | Spot + Futures + Staking |
| Advanced | Full KYC | Highest limits | All features including Launchpad & VIP benefits |
Trading Platforms
- Web-based platform with advanced trading charts
- Mobile App on iOS and Android
- TradingView-powered charting
- API for algorithmic traders
- Futures trading interface with advanced metrics
Cryptocurrencies You Can Trade
- 500+ Spot Trading Pairs
- Major assets: BTC, ETH, BNB, XRP, SOL, BICO
- Futures contracts: BTC/USDT, ETH/USDT and many others
- New tokens via Launchpad
- Stablecoins including USDT, USDC
Fees & Commissions
- Spot Trading Fees: From 0.10% maker, 0.10% taker
- Futures Fees: From 0.02% maker, 0.06% taker
- Deposit Fees: Crypto deposits are free
- Withdrawal Fees: Based on blockchain network
- Inactivity Fee: None
Security & Protection Measures
- Cold storage for 90%+ user funds
- 2FA (Google Authenticator / SMS)
- Anti-phishing code support
- Encrypted website & platform communication
- KYC verification for secure withdrawals
Deposit & Withdrawal Options
| Method | Processing Time | Fees / Notes |
|---|---|---|
| Cryptocurrency Deposit | Minutes | Free (network fees apply on withdrawals) |
| Bank Transfer (Region-specific) | 1–3 business days | Some banks may charge fees |
| Credit/Debit Cards (via partners) | Instant | Provider fees apply |
| Peer-to-Peer (P2P) | Instant | No exchange fees |
Customer Support
- 24/7 Live Chat Support
- Email support
- Support tickets
- Large multilingual community
Pros & Cons
Pros
- 500+ crypto assets available
- Low spot & futures trading fees
- Simple interface for beginners
- Advanced TradingView charts
- P2P trading available
- Staking and Launchpad access
Cons
- Not regulated as a traditional financial exchange
- Crypto-only deposits for most regions
- Lower liquidity compared to Binance or Bybit
- Fiat support varies by country
Is Biconomy Exchange Right for You?
If you want access to many cryptocurrencies, low trading fees, and user-friendly mobile apps, Biconomy is a good choice. Beginners will appreciate the simple interface, while experienced traders can benefit from futures, staking, and API trading.
If you decide to choose Biconomy:
FAQs About Biconomy Exchange
Is Biconomy regulated?
Biconomy is registered as an MSB in the U.S. and Canada but is not a fully regulated securities exchange.
What are Biconomy trading fees?
Spot fees start at 0.10% and futures fees start at 0.02% maker.
Does Biconomy support futures trading?
Yes. Leverage up to 1:125 depending on the pair.
What payment methods does Biconomy support?
Crypto, P2P, card payments (via partners), and limited bank transfers.
Disclaimers
Cryptocurrency trading is highly volatile and involves significant risk. Only invest what you can afford to lose. Always conduct your own research before trading.
Leave a Reply