Bitcoin Forum

Anyone know anything about this exchange?  I check and see some coins are listed on here but how is this site compared to say binance?  Is it safe etc?

I have been using this exchange site to trade HDAC and everything is safe but compared with binance, binance is much better from various reasons just like UI, CS, and liqudity especially to get the best volatility to trade.
It's a safe exchange site. This exchange site was owned by line.

I have used it several times and everything is going smoothly, just like any other exchange there is nothing to worry about on this one exchange.

The coins that I got from the bounty are now listed there and I still use the exchange until now, as long as I use the exchange everything is still running smoothly and safely

I used the exchange too buy cp chain doin more than once and I would day it was safe and there was no issue with the funds. You can't really compare binance with any other exchange though.

I also used that exchange before I encounter no problem. Based on coinmarketcap they have 1 billion dollar trading volume now I am amaze myself but I hope that volume is not generated by bots to generate fake volume. Be careful there are some phishing site out there copying the website theme  so always check the url of the site before entering your details or bookmarked it.

Coinmarketcap: https://coinmarketcap.com/exchanges/bibox/

Quite safe I should say although I don't guarantee anything. If what you need is just to liquidate some coins that aren't listed anywhere else it'll be fine but if you are trying to trade big amount or keeping your money there for quite some time I don't really recommend, after all there's better exchange and sticking to popular exchanges won't bring you harm.

I also use this exchange once when trading HDAC, no problem with it. It's not unsafe, I don't use it anymore because I have better options. However there are also negative reviews you can see here: https://bitcointalk.org/index.php?topic=5200969.120

That's right. They are relatively safe, I only used this exchange because of some tokens that you can only find on their exchange. Didn't encounter any issues but as aubert said, just don't keep your coins on them. Though you should not really store any of your coins in any exchange, whether top or substandard crypto exchange. You should always keep it in your own wallet. I am just wondering why bibox is really quiet here in the forum. Or just my impression?

In my own opinion I've never heard any bad thing about bibox, the exchange is pretty good and safe to use but binance is marginally better, they aren't on same categories, not even close

agree on this one, it is like comparing low-level city car with a mercedes E or S class, you cannot compare the two, but you can use both, one is for city driving and other for luxury trip, same you can use bibox with really small amounts and binance for greater amounts, but only for exchange, keep most of the holdings on your wallet with private key and keep the key in a safe manner

Bibox is a fair exchange but you can't compare it to binance. I only use it when the coin i want to trade is in bibox and not on bigger exchanges like Binance, okex, HUOBI and kucoin. You can use it anyway, atleast there is no scam allegation i know of against Bibox for now. Also beware that no exchange is super safe, only use exchanges for trading purpose only not for storing coins.

Bibox exchange is making progress with the clean reputation so far personally I did lot of trades there and successfully withdraw funds without any issue but if I compare bibox to binance so in this case binance looks one step ahead anyways bibox looks capable enough to compete binance in future if the exchange keeps moving with the current momentum.

Yes I have heard of the exchange and as well traded there and I must point out, it is a good exchange with decent volume and there wasn't any issue I encountered. But in comparison with Binance, Binance is better, actually Binance is better than most exchanges, both in volume, features etc and Bibox isn't exempted. Nevertheless, just like no exchange is safe in anyway, I wouldn't recommend storing your assets for a long time be it on Bibox or even Binance.

if you have doubts about the exchange of Bibox then stay away, use an exchange that you think is safe, and from my point of view Bibox is an exchange with a large volume, 153,188 BTC Volume. This is a sign that the Bibox traders like, it all depends on you

So many people have been giving their review about this exchange site and it looks like this is a trusted exchange site. Bibox is also managed by a very well known company that created line message too.
There is nothing to be worried about this exchange site.

I have traded in bibox before and throughout the period, I had no problem and I've not seen or heard anyone complaining about them but the difference between them and platform like binance is that binance have more traders and high liquidity compare to bibox. I'm very sure too that bibox do not have much listed token than binance but they are also developing and they are very active on social networks

I have used this exchange before, use it smoothly and have not had any problems with it. But I've seen a few posts complaining about this exchange, so you need to be careful when using it

I often use the Bibox exchange to sell tokens and do a little trading there, and as long as I use this exchange there are no problems that I experience and I also rarely compare it to the exchange Binance, because Bibox is safe for me.

I've been using bibox for about 2 months almost dude, and so far while using it the platform was giving me a way to earn crypto or dollars
by simply doing trade every day where every week I got earned at least 30$ to 100$ which is not bad at all to me and big help also during the covid19 crisis.

I don't have experience with Bibox but I say that they are also a safe exchange. Coins that you can't see on Binance might be on Bibox and that's the exchange you can trade base on your preference.
But, if the coin is on Binance and you don't have to get into any other exchange, choose Binance than any of them. They are different in so many terms but legitimacy of Bibox is the same as Binance.

I used it last year and it was ok, nothing specific, just one more exchange. Deposits and withdrawals were fast, without any problems. Also, as i remember, i took part in trading competition and prizes were delivered in time.

It is suppose to be a safe exchange. What made you think otherwise?

Yes, Bibox is a safe exchange and so far there is no bad news about the Bibox exchange, because every time there is a problem, the exchange always handles it very well, so Exchange Bibox is a safe exchange for everyone to use.

Bibox is a popular exchange among Chinese users. They were once the top 10 exchange by volume. They have a good liquidity and are par with modern exchanges in security and support. It is safe for most of your needs. There always remains a risk factor but you can increase your personal security by enabling 2FA.

BIBOX is Chinese multi cryptocurrency exchange. Idax and this one is almost same categories exchange it's my thought about it. Nothing correct in coinmarketcap data, they don't deserves over 1 billion trading volume. Make sense to compared before Binance exchange. I used it for first time to sell hdac coin. Still it’s safe exchange.                        

Not only for the past year, but for now it is still safe to use, and as far as I know, the Bibox exchange is a good exchange from the past until now, I also have never experienced any problems with the Exchange Bibox while using it.

I also first used Bibox exchange when selling coins from bounties but it was never used again and in my opinion there is something better than Bibox to start a good exchange.
But for the volume I do not really know whether it's just a bot or indeed a real volume.

Bibox is not a new exchange, once they had active traders and real volume but right now it's another top rank shit exchange where most of the volume is fake! Though it's better than other shit exchanges but not comparable with Binance in any way! Binance earned this position, you can't compare any exchange with the Binance. Binance has haters and that has reasons, but no one can't disagree that Binance is an asset for the whole crypto industry where most of the people forgot Bibox!

If you are right, you should also be able to provide a reference to the OP for consideration. Without proof I think you are making it up.

What I like about bibox is security, this exchange has a good level of security in my opinion. There are various methods that you can use to make your account and assets safe in this exchange. Even so, I dont think we will be completely safe from hacking and specify your own security.
OP, You do not need to verify your account with KYC if you do not make transactions above 2 BTC in a day. You are free to withdraw your funds in return as long as this limit is not reached. You will get two wallets there to store funds, my wallet is used for deposits and withdraw your funds and exchange accounts for trading. Bibox I think so far its okay.

However, I admit that binance is better than all other exchanges. But I have used Bibox exchange before and am still using it. I never saw the bad side of it. I think Bibox is a trusted and pretty good exchange.

some people in this forum say bibox is scam exchange you can check on Scam Accusations sub and their evidence is quite strong, I myself have never used that exchange at all.

As far as I know, Bibox is one of the trusted exchanges and has also been successful at handling IEO several times. What made me know about Bibox was that the news was quite interesting when holding four IEOs at the same time in April 2019 (https://t.me/ico_analytic/780). If you need more information about Bibox, Google can help you find a better source. https://www.cointelligence.com/exchanges_list/bibox/

After 6 month I remembered that I have some ERC-20 token on this exchange. Before buy this I used this exchange several times, this exchange is very smooth exchange. Although this exchange list is out of top 10 exchange. Hdac is very good project, for this project I started to use this exchange

When did bibox come out?  Now when ppl talk about binance and bittrex years ago, i never heard of bibox.  That is why i ask about it because i never heard of it.


But it always had a solid reputation?

For the manipulated top 10 trading volumes bibox is one of them sometimes you can say. It's real trust score is below 40 i have seen coingecko, but liquidity is good and safe for deposit. Because i didn’t heard a single allegation about bibox exchange. Security is as usual of other major exchanges.                   

They were not accusing the exchange site caused by it scammed people but they have been pointing out the main problem of bibox was on the bot that already used by bibox exchange site.

I have also used this and i wanna say this is a good exchange that runs by a very well known company and bibox is a trusted exchange site.

Bibox has now more than 20 open USDT withdrawals, the support is not supportive and it seems like they only withdraw  selective smaller amounts and they keep the bigger ones for themselves, it looks they start to SCAM people.

What do you mean by more than 20 open USDT withdrawals? Care to clarify

You could create a scam accusation with the details if you think they scammed you. Create it in this board (https://bitcointalk.org/index.php?board=83.0) and follow this scam reporting format (https://bitcointalk.org/index.php?topic=260073.0)