AAX vs Bibox: Fees, Coins, Safety Comparison
| Feature | AAX | Bibox |
|---|---|---|
Overall |
2.3 |
2.6 |
1 |
1 |
|
2.7 |
2.6 |
|
3.1 |
3.2 |
|
Investment Instruments |
2.1 |
2.5 |
Platforms and Charting Tools |
2.3 |
2.4 |
Deposit and Withdrawal |
1.8 |
2.5 |
Research |
2.3 |
2.7 |
Education |
2.3 |
2.4 |
Support |
1.7 |
2.9 |
Bonuses |
3.9 |
3.5 |
AAX vs Bibox: Pros and Cons
The AAX exchange is a platform for spot and futures trading of cryptocurrencies and tokens. There is an integrated service for the fast exchange of fiat-to-crypto. Bitcoin (₿), Litecoin (Ł), Ethereum (Ξ), Tether (₮), Bitcoin Cash, Tron, BAT, and dozens of other assets are traded on the exchange. You can deposit funds in USD, CNY, HKD, KRW, EUR, TRY, TWD, and SGD. Leverage x100 is available for futures trading. Spot commissions are 0.06%/0.1% for the maker/taker. Commissions for the futures market are 0.02%/0.04% for the maker/taker. Commissions are fixed, but it is possible to reduce them by trading with the AAB token and through bonuses in the form of rebates from the Traders Union. The exchange has a one-level referral program and investment programs (staking) with fixed and flexible deposits. There is a training academy with detailed
The Bibox cryptocurrency exchange offers margin trading and futures trading with up to 1:150 leverage. The service for trading tokens is available in two versions – basic (simplified) and full-screen (full range of functions). Bitcoin, Ethereum, BitcoinCash, Litecoin, Ripple, BIX Token, and many other cryptocurrencies and coins are traded on the site. There are ten fiat currencies represented, including the US dollar and the Japanese yen. This cryptocurrency exchange offers five investment solutions, an integrated service for copying trades, and a set of customizable trading bots. The commissions are average for the segment. They can be reduced by trading the website's token, as well as using the rebate from the Traders Union.
| AAX | Bibox | |
|---|---|---|
| Overall Pros | the exchange offers a large selection of popular cryptocurrencies and coins; | You can trade the most popular cryptocurrencies and coins here; |
| spot and futures trading, futures with x100 leverage; | ten fiat currencies are also available for trading; | |
| variety of markets for margin and futures trading; | ||
| low fixed commissions for trading operations and withdrawals; | leverage up to x150 is available in all directions; | |
| referral program with two types of bonus payments; | five profitable investment solutions; | |
| the platform's own token, which makes trading more profitable; | ready-made trading bots; | |
| high level of information security (complies with CCSS); | a trade copying service; | |
| LSEG technology for trading with a delay of up to 90 microseconds; | innovative microservices based on machine learning; | |
| terminal in the browser, mobile application, API and FIX; | variety of options for reducing commission fees. | |
| Overall Cons | no demo accounts; | no demo-accounts; |
| no call center; | no call-center; | |
| no license data is available. |
AAX vs Bibox: Safety and Regulation
| Regulated By: | AAX | Bibox |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
No |
No |
AAX vs Bibox: Trading Conditions
| Trading Conditions | AAX | Bibox |
|---|---|---|
Minimum Deposit |
$1 |
$1 |
Trading Platforms |
TradingView |
TradingView |
Max Leverage (Futures) |
1-100 |
1-150 |
Number of Markets |
385+ |
150+ |
Trading Accounts |
1 |
1 |
Base Account Currencies |
Cryptocurrencies, fiat currencies |
Cryptocurrencies, US dollar, Japanese yen, and a number of other currencies |
AAX vs Bibox: Fees
Trading Fees
| Fee | AAX | Bibox |
|---|---|---|
Max Maker |
0.1% |
0.10% |
Max Taker |
0.15% |
0.20% |
Min Maker |
0.016% |
0.10% |
Min Taker |
0.04% |
0.20% |
Debit/Credit Card Purchase Fee |
0 |
Not supported |
Futures Trading fees
| Fee | AAX | Bibox |
|---|---|---|
Max Maker |
0.04% |
0.10% |
Max Taker |
0.06% |
0.20% |
Min Maker |
0.0096% |
0.10% |
Min Taker |
0.024% |
0.20% |
Non-Trading Fees
| Fee | AAX | Bibox |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
No |
No |
Bank Transfer Withdrawal Fee |
Not supported |
Not supported |
Debit/Credit Card Withdrawal Fee |
Not supported |
Not supported |
BTC Withdrawal Fee |
0.0004BTC |
0.001 BTC |
Inactivity Fee |
No |
No |
AAX vs Bibox: Trading Assets
| Asset Name | AAX | Bibox |
|---|---|---|
Overall |
385+ |
120+ |
Bitcoin (BTC) |
Yes |
Yes |
Litecoin (LTC) |
Yes |
Yes |
Dogecoin (DOGE) |
Yes |
Yes |
Binance Coin (BNB) |
Yes |
Yes |
Uniswap (UNI) |
Yes |
Yes |
Ripple (XRP) |
Yes |
Yes |
Polkadot (DOT) |
Yes |
Yes |
Cardano (ADA) |
Yes |
Yes |
Stellar (XLM) |
Yes |
Yes |
IOTA (MIOTA) |
No |
Yes |
Tron (TRX) |
Yes |
Yes |
Derivatives (Futures) |
Yes |
Yes |
NFT |
Yes |
No |
Crypto ETF |
No |
No |
AAX or Bibox: Investment Programs
| Asset Name | AAX | Bibox |
|---|---|---|
Staking |
Yes |
No |
Mining pool |
No |
No |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
DeFi mining |
DeFi mining, Bibox Real Mining HashRate |
Trading Platforms: Bibox or AAX
| AAX | Bibox | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
No |
No |
Mobile (Android, iOS) |
Yes |
Yes |
Trading Platforms Features: Bibox or AAX
| AAX | Bibox | |
|---|---|---|
SMS Based 2 FA |
No |
No |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
No |
Search Bar |
Yes |
Yes |
Filters |
Yes |
Yes |
Technical Analysis: Bibox or AAX
| AAX | Bibox | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: Bibox or AAX
| AAX | Bibox | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: Bibox or AAX
| AAX | Bibox | |
|---|---|---|
Market |
Yes |
No |
Limit |
Yes |
Yes |
Stop Loss |
No |
Yes |
Stop Limit |
No |
No |
Trailing Stop |
No |
No |
AAX vs Bibox: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | AAX | Bibox |
|---|---|---|
Bank Transfer |
No |
No |
Credit/Debit Card |
Yes (Only deposit) |
No |
Electronic Wallets |
Yes (Only deposit) |
No |
Crypto |
Yes |
Yes |
AAX vs Bibox: Research
| Research Type | AAX | Bibox |
|---|---|---|
News Feed |
Yes |
No |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
No |
No |
AAX vs Bibox: Education
| Education Type | AAX | Bibox |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Courses |
No |
No |
Articles |
Yes |
Yes |
Videos |
Yes |
No |
Webinars |
No |
No |
Bibox vs AAX: Support
| Support Features | AAX | Bibox |
|---|---|---|
Working Days |
24/7 |
24/7 |
No |
Yes |
|
Phone |
No |
No |
Online chat |
No |
Yes |
Other |
Ticket |
No |
AAX vs Bibox: Crypto Bonuses and Promo
| Promo | AAX | Bibox |
|---|---|---|
Crypto Bonus |
Welcome Bonus 50 USDT, temporary contests |
No |
Affiliate Program |
The client will receive 20% of his referral's commission fees. |
There are six levels defined by the BIX volume. At the first level (less than 5,000 coins on the account), you get 20% of the referral commission. At the sixth level (over 500,000 coins), your fee shall be 50% of their commission. |
Top 5 Reviews on Bibox
-
Comment
I will not extol the Bibox exchange. Yes, undoubtedly, this cryptocurrency exchange has a high rating, and there are quite low commissions for trading operations. There are many pluses and minuses. It should be especially noted that the trading volumes do not correspond to the actual ones. The volumes for the main cryptocurrency pairs are normal here. But there are more than 500 such pairs now. And for many assets, the trading volumes are wound up by robots. Thus, quantity does not translate into quality, and problems are created for customers. Bibox should change its policy on illiquid coins.
-
Comment
I don't trust cryptocurrency exchanges. Lately, hacks and thefts of cryptocurrency from the accounts of clients of different exchanges have happened very often. But the Bibox is holding on so far, and their defenses are successfully coping with attacks. We can say that it is safe to store cryptocurrency here. The exchange itself, in my opinion, treats clients fairly. The support service works professionally, and communication takes place through email and through instant messengers. The platform for exchanging and trading instruments is modern, and there is both a web version and a mobile one. The conditions for traders are quite good, so after a year of trading, I am not going to change the Bibox exchange to another one yet.
-
Comment
In the field of cryptocurrency, I prefer to work with Asian crypto exchanges, including the Bibox exchange. Compared with its peers, this exchange is younger but quite promising. Not so long ago there were about 90 tokens for exchange and trade, now their number has increased to 180. Any user can apply for listing their token for free, and users who own internal BIX tokens vote for each proposed new token, and this is a good opportunity to launch a new token. New tokens appear on the Bibox exchange all the time, but you need to be very careful when buying such tokens. At the time of their appearance in the listing, their price can go up strongly, and then it can go down dramatically as well.
-
Comment
As long as you are losing money or making little money, Bibox will accurately execute the transactions. But as soon as you start earning normally, miracles begin. I do not recommend this company.
-
Comment
Bibox is a secure cryptocurrency exchange. Before opening a Bibox account, I studied the history of the company. While working here, there has been no hacking of client accounts, even though the rating of the exchange is high. That is to say, Bibox attaches great importance to safety, and it pleases me. As for cooperation with the exchange, many chips help clients earn both actively and passively. I prefer passive income. The exchange offers clients the opportunity to invest in short-term and medium-term investment programs. A lot of clients participate in the investment program for new members, where the expected return is 24%. I prefer more conservative investment methods and invest in Star I. The investment is made for 30 days with a yield of 8.5%.
Top 5 Reviews on AAX
-
Comment
Hello!! 4 weeks ago I ordered the withdrawal of money in AAX. There is nothing on the account so far, and I also cannot contact the support, because they do not get in touch. They owe me $3,000.
-
Comment
Complete scam, I tell you! I can't recommend this company because I don't know. how can you trade here. Trade is very poor quality. You won't be able to earn.
-
Comment
In a short period of trading and with the help of AAX, it was possible to reduce the already low brokerage commissions to zero. For competitors, this is possible only if the volume of transactions is increased to a value that is unattainable for most traders. Here, the volumes are not important, you just need to use the exchange token as the main method of calculation when carrying out all operations. In my free time away from trading I participate in competitions that are constantly held on the company's website. I can’t boast of success yet, but I derive pleasure from the process itself!
-
Comment
In my opinion, Asian exchanges in the digital market have long outdone competitors from Europe and the United States, which occupy first places in various ratings. The proof of this is the AAX crypto exchange, which uses the latest technologies both in trading services and in ensuring the security of clients' data. You can familiarize yourself with the trading conditions on the company's website, and they are really very profitable. On all counts, AAX fulfills these conditions. You cannot trade without verification, but this is already a common practice among crypto brokers.
-
Comment
Although I am a beginner, I trade very actively. The main criterion for choosing a crypto exchange was the possibility of over-the-counter trading on weekends, which AAX provides. Of course, I also checked out that AAX offers spot trading. I don't have much experience in trading yet, so this simplified version is just what I need. On the exchange I found a section for self-study, which includes a glossary! I'm new to the AAX exchange, and so far I like everything. I hope that everything will be fine with the withdrawal of funds.
FAQs
What should I start Crypto trading with?
For starters, you need to learn what crypto trading is, understand what cryptocurrency is and the risks and opportunities cryptocurrency trading has. It is also important to learn the existing strategies. The second step is to choose the best crypto exchange with good trading conditions. A demo account that you can use to gain valuable experience risk free is an important advantage of an exchange.
What amount should I start trading with?
It is recommended to start trading cryptocurrencies with a small amount. That way, if you partially lose it, it won’t pose a serious financial problem for you. This is because cryptocurrencies are highly volatile, which carries certain risks for novice traders. The majority of cryptocurrency exchanges allow traders to start from a small amount – from $1 to $50 or its cryptocurrency equivalent.
What should I take into consideration when choosing a crypto exchange?
The first thing experts recommend looking at when considering crypto exchanges is their reliability. Other important features include basic trading conditions, commissions and fees, customer reviews. If crypto exchanges are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One crypto exchange may be good for professionals and another – for novice traders.
Can a cryptocurrency exchange turn out to be a scam?
Unfortunately, this does happen. Therefore, it is better to choose cryptocurrency exchanges that have been operating in the market for at least several years and have a stable reputation. Regulation of an exchange in one of the countries with high legal culture is also an advantage.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.