Because of the oversaturated market of crypto exchange sites, investors are starting to have a hard time picking which one they can use to trade their assets. When it comes to choosing an exchange site, one of the most important things each investor should consider is its safety feature. One platform, in particular, that does security exceptionally well is BigONE exchange.
However, there are other areas that this exchange site excels in aside from security. Keep on reading to find out more!
What is BigONE exchange?
BigONE is a trading platform currently based in China and Singapore dubbed as one of the safest crypto exchange sites in the world today. When it was first conceived in 2017, its founders made this aspect a top priority and they have succeeded in doing so by providing exceptional security measures such as using two-factor authentication and utilising multi-signature cold wallets.
The exchange site was originally founded in the Netherlands back in November of 2017 by Eric Meltzer who’s the current CEO of the company. It was designed to allow crypto investors to buy, sell and trade their assets including Bitcoin (BTC), Ether (ETH) and Ripple (XRP) among others with one another.
Today, they’re one of the leading exchanges in the industry with a 24 hr volume of $849 million. The current drawback of this exchange is that it doesn’t currently cater for users from the United States. However, it is currently available in around 69 countries including Japan, China, Singapore and more.
Major products of BigONE exchange
To help draw in users from different parts of the world, BigONE exchange offers tons of unique products that make their time and attention worthwhile. Most importantly, they’ve proven to be quite useful as well. These include the following:
For starters, the exchange site allows users to engage in spot/margin trading. This feature is essential for every trading platform and BigONE executes it spectacularly by having a user-friendly interface that lays out everything you may need to complete a trade. From order books to limit triggers and more, they’re neatly organized for each user to see and use.
With margin trading, you can borrow funds from BigONE exchange and use them to trade and gain a better trading position in the market. This provides leverage beyond your existing capital so you can have higher profits.
One of the best ways to acquire crypto assets is through fiat trading. With this feature, you can directly purchase cryptocurrencies using fiats such as USD, CNY, JPY, etc.
Another kind of trading that is common in the industry is the use of perpetual future contracts. With this, you and the other party agree to trade a specific amount of assets at an unspecified time in the future. It’s also called perpetual swap and is non-optional meaning it can be held indefinitely without having to continue automatically.
Features of BigONE exchange
To further make its mark in the overwhelming crypto industry, BigONE exchange offers lots of features that not only make them different from other sites, but also make crypto trading more convenient. Check them out below:
As listed on their website, customer support is one of the things that BigONE considers to be the heartbeat of the present and future. To show that they prioritise their customers above everyone else, they provide a reliable 24/7 customer support team that can cater to whatever inquiry and problem you might encounter on the site.
Mobile app support
Sometimes, crypto investors want to trade on the go. Fortunately, you can do so here with BigONE’s mobile app support. This comes in handy as it allows you to buy, sell and trade assets wherever you go as long as you’re connected to the internet.
Moreover, having this bonus feature allows you to keep a close eye on the market trajectory which is made a lot easier if you’re looking at your phone rather than a computer screen.
Advanced security measures
Being dubbed as one of the safest crypto exchange sites isn’t something that’s handed out. BigONE won the trust of its users by providing advanced security measures that can ensure the safety of each user’s assets. These include:
One of the most common and effective ways users can secure their accounts is through two-factor authentication. Your account should only be accessed by you and this feature helps ensure that as it requires you to authenticate your activity with another registered device before you can log in. Moreover, having this additional layer of security helps prevent tampering from happening.
Know Your Customer (KYC)
For some people, Know Your Customer (KYC) policies can be a hassle and a breach of privacy because it requires you to verify your identity through a series of steps. However, this is necessary for the trading platform so they can make sure that you’re the one that’s accessing your account and making different transactions. This way, they’ll know if someone else is attempting to use your account and make the proper measures to stop them.
Multiple signature cold wallets
When it comes to storing your digital assets, you’re given two options: cold and hot wallets. The one that users recommend the most is the former as it stores all your assets offline and away from any kind of cyberattacks. This is also proven by the recent statistics released by the site itself which showed that 98% of all the assets on the site are stored in cold wallets.
Start trading with BigONE exchange!
Trusting an exchange site with your hard-earned assets is difficult but with BigONE exchange’s advanced security measures, you can see why several users are certain of them. On top of that, they also offer various products and features that add convenience to the overall trading experience of each investor.
So what are you waiting for? Try your hand at trading by creating an account at BigONE exchange today!