Biconomy Review 2026

Item: Biconomy
Rating: 4.55
Author: Ivan Andriyenko

By: Ivan Andriyenko
Updated: November 08, 2026
25 in the rating

Go to broker

Your capital is at risk.

Coins 268
Fees 5.75 /10
User Reviews 4.4 /10
Regulation 5.5 /10

4.6 /10

High risk

Biconomy User Reviews 4.4
Commissions and Fees 5.8
Regulation and Safety 5.5
Deposit and Withdrawal 5.0
Markets and Tradable Assets 5.5
Trading Platforms & Tools 9.0
Customer Support 3.0

How we tested Biconomy

Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.

Learn more about our methodology and editorial policies.

Pros & Cons

A demo account and a low minimum deposit of 1 USDT (or equivalent in other digital assets) provide an easy entry point.
A wide variety of trading pairs is available, with new cryptocurrencies regularly listed.
Low trading fees with the option to reduce them, and no deposit or withdrawal fees.
Instant fiat-to-crypto exchange is available (EUR and USD), with payments supported via Visa and MasterCard.
Clients can earn rewards of up to 3,800 USDT for registration, KYC verification, making a deposit, and completing trades.
Biconomy Earn offers a potential passive income of up to 150% per year.
The exchange holds a U.S. MSB license, ensuring strong security for users’ funds and data.

There are no fiat-to-crypto trading pairs available.
Limited educational resources and technical support can sometimes be slow to respond.

Biconomy is a broker offering access to trading on spot and futures markets directly in a browser or via a mobile app. Over 230 crypto-to-crypto trading pairs are available. Trading fees are typically 0.2%, with reductions available for clients holding BIT tokens. Futures trading offers leverage up to 1:100. To earn passive income, traders can connect to the Biconomy Earn service. 24/7 client support is available via online chat and a ticket system.

TU Expert Verdict

Biconomy carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.

Biconomy is a cryptocurrency exchange offering spot and futures markets across 268 cryptocurrencies through web and mobile platforms. Spot fees are typically 0.2%, with reductions for BIT token holders, while futures leverage reaches 1:100. TradingView charting, automated bots, and Biconomy Earn provide analysis and yield features. Deposits are accepted in cryptocurrencies and by bank card.

However, a notable drawback is that Biconomy is not regulated by any government authority and has no investor protection fund. Fiat services are limited, there is no standalone desktop app or P2P trading, and customer support can be slow with limited language coverage. Some investment features are reported as temporarily inactive. Biconomy may suit experienced crypto users comfortable with these risks, while users prioritizing oversight, fiat options, or responsive assistance may prefer another exchange.

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Cryptohopper

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BTCC

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Biconomy User Reviews

Score:

4.4 /10

5 total

5-star

0%
4-star

0%
3-star

60%
2-star

0%
1-star

40%

? Warning! Biconomy has stolen all my money (about 2,000 USD)! I did nothing wrong-just basic trading: bought crypto low, sold high (isn't that the whole point?). But then their so-called "risk control" kicked in, freezing my account for "unusual activity." They give you two insane choices: 1) Accept they will take whatever amount they decide were your "suspicious profits" (with no way to know how much in advance), or 2) Keep your account frozen forever, with no support or appeal. Basically, you're forced to sign them a blank check. This is theft, plain and simple. Stay away from Biconomy-they are scammers!

🚨 Warning! Biconomy has stolen all my money (about 2,000 USD)!
I did nothing wrong—just basic trading: bought crypto low, sold high (isn’t that the whole point?).
But then their so‑called “risk control” kicked in, freezing my account for “unusual activity.” They give you two insane choices:
1) Accept they will take whatever amount they decide were your “suspicious profits” (with no way to know how much in advance), or
2) Keep your account frozen forever, with no support or appeal.
Basically, you’re forced to sign them a blank check. This is theft, plain and simple. Stay away from Biconomy—they are scammers!

I've been in crypto trading for almost three years and have tried many exchanges. Biconomy is one of the best. It offers nearly all the cryptocurrencies I need, including rare ones like RATS, SWCH, CRODIE, BFIC, and EGX. I pay less than the stated 0.2% fee because I hold BIT tokens in my wallet. I trade using the mobile app; it’s not groundbreaking, but it’s well-made and nearly on par with the best options available. The spot market is always active, especially for major pairs like BTC/USDT, ETH/USDT, SOL/USDT, LTC/USDT, XRP/USDT, and BNB/USDT.
A downside is the slow client support. While advertised as 24/7, responses at night are nonexistent, and during the day, they are inconsistent. Once, I waited a day and a half for a response—by then, I had already solved my issue. Still, no exchange is perfect. What matters most is that the drawbacks don’t interfere with trading, and Biconomy does a good job of maintaining that balance.

A significant drawback of Biconomy is the absence of fiat-to-crypto trading, a common complaint among clients. While I agree this is a limitation, it doesn't affect me personally, as I transfer cryptocurrency from an external wallet and utilize Biconomy Earn. My primary focus is passive income, and the exchange provides excellent opportunities. For instance, USDT offers an annual yield of 12.61%, and WEMIX yields 33.33%. Some assets offer even higher returns, though they carry substantial risks.
I also leverage the referral program for additional earnings. The more referrals I generate, the larger my share of their trading fees—currently at 40%, with a potential increase of 80%. This is a very attractive proposition. I have no intention of switching to another exchange and highly recommend Biconomy, particularly for traders seeking passive income rather than active trading.

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Biconomy Commissions and Fees

Score:

5.8 /10

Biconomy received a 5.8/10 score for its trading fees. While Biconomy is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.

Futures fees below industry average
No deposit fee
No P2P fee

Spot fee above industry average
Withdrawal fee may be applied

What are Biconomy trading fees?

We analyzed Biconomy’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.

Biconomy trading fees vs competitors

	Biconomy	Nexus Trade	CoinMetro	Industry average Based on the evaluation of over 100 leading crypto exchanges
Spot, maker fee (%) Maker fees are charged when liquidity is added to the order book. This occurs by placing a limit order below the current market price for buy orders, or above the market price for sell orders.	0.2	0.22	0.1	0.15
Spot, taker fee (%) Taker fees are charged when liquidity is removed from the order book. This typically happens when a trade is executed at the market price.	0.2	0.22	0.2	0.194
Futures, maker fee(%)	0.02	0	0	0.024
Futures, taker fee(%)	0.06	0		0.053

What are Biconomy deposit and withdrawal fees?

Deposit fee, % Important! Even if an exchange does not charge fees for deposits and withdrawals, there can also be fees from the payment system or cryptocurrency network used by the user. For example, the network fee for USDT TRC20 is typically around $1.	0
Withdrawal fee, %	0.00013 BTC 0.003 ETH

Does Biconomy offer P2P trading?

No, Biconomy does not support P2P transactions. However, you can explore the best alternatives in our dedicated list of top P2P exchange platforms, offering a variety of secure options for peer-to-peer transactions.

Regulation and Safety

Score:

5.5 /10

With a 5.5/10 score, Biconomy demonstrates a moderate level of security and regulation. While the platform meets basic safety standards, it may not offer the same level of protection as higher-rated exchanges.

No successful hacks history
Cold wallet storage
Facial recognition
2FA

No investor protection fund
Not government-regulated
Not tier-1 regulated

We also compared Biconomy against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.

Biconomy Security Factors
	Biconomy	OKX	Coinbase
Tier-1 regulation	No	No	Yes
Government-regulated	No	Yes	Yes
Investor protection fund Provides compensation to users in case of financial loss due to unforeseen circumstances on the platform.	No	Yes	Yes
2FA	Yes	Yes	Yes
Facial recognition	Yes	Yes	No
Cold wallet storage The majority of user funds are held offline, reducing vulnerability to online attacks.	Yes	Yes	Yes
Successful hacker attacks We review publicly available information on past security breaches to assess the exchange's security track record.	No	No	Yes

Is Biconomy a regulated crypto exchange? Regulation is crucial for the security and legitimacy of a cryptocurrency exchange. We assess the exchange’s regulatory status and its impact on platform reliability.

Biconomy is not currently regulated by any government authority, which is still a common occurrence in the cryptocurrency industry. While this doesn't automatically mean Biconomy is unreliable, government-regulated exchanges are generally considered more reliable due to the added oversight and client protection they offer.

Is verification (KYC) mandatory at Biconomy?

Yes, KYC verification is mandatory at Biconomy. You will need to complete the verification process before you can open an account and access the platform's full range of services.

Is Biconomy available in the USA?

Yes, Biconomy is available in the USA. However, availability may vary by state due to local regulations. We recommend checking the official website or contacting support for up-to-date information specific to your location.

Deposit and Withdrawal

Score:

5 /10

Biconomy received a 5/10 rating for its deposit and withdrawal services. While Biconomy covers basic payment options, the platform lacks some widely used methods that could improve user flexibility.

No deposit fees
Many cryptocurrencies for deposits and withdrawals
Bank cards accepted for instant deposits

No Google Pay option
No P2P transfer option

Deposit and withdrawal options

Biconomy supports the following deposit and withdrawal options: Bank card, Crypto, Apple Pay.

Biconomy Deposit and withdrawal options vs competitors

	Biconomy	OKX	Coinbase
Bank transfers	No	No	Yes
Bank card	Yes	Yes	Yes
Crypto	Yes	Yes	Yes
PayPal	No	No	Yes

What is Biconomy minimum deposit?

The minimum deposit at Biconomy is 10 USD/USDT or 1 BTC. The minimum trade size is 1 USD/USDT, which also serves as the minimum amount required to start trading on the platform.

Biconomy minimum deposit vs competitors

	Biconomy	OKX	Coinbase
Minimum deposit, USD or USDT	10	10	10
Minimum deposit, BTC	1	5	1
Minimum trade amount, USD/USDT	1	1	2

Does Biconomy support fiat money?

Biconomy does not support fiat currencies; only cryptocurrencies are accepted.

Supported Coins & Markets

Score:

5.5 /10

Biconomy received a score of 5.5/10 in this category, reflecting a solid selection of tradable assets and markets. Biconomy supports 268 cryptocurrencies and basic trading types, although some advanced features or asset diversity may be limited compared to leading exchanges.

Staking available
Crypto futures available
Crypto copy trading available

Fiat currencies not supported
No tokenized stocks or real-world assets

Biconomy supported coins and markets vs competitors

We compared Biconomy with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.

	Biconomy	OKX	Coinbase
Supported coins	268	600+	400+
Futures/Perpetual contracts	Yes	Yes	Yes
Options	No	Yes	No
NFTs	No	Yes	Yes
Tokenized Assets Digital tokens representing real-world assets, such as stocks, bonds, commodities, or real estate.	No	Yes	Yes
TradFi Perps Perpetual futures contracts linked to traditional financial assets, such as stocks, indices, or commodities.	No	Yes	Yes
Prediction Markets Markets where users trade contracts based on the outcomes of future events.	No	No	No
Other Assets	No	No	Pre-IPO

Biconomy passive income options vs competitors

We also compared Biconomy with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.

	Biconomy	OKX	Coinbase
Staking	Yes	Yes	Yes
Yield farming	No	Yes	Yes
Copy trading	Yes	Yes	No

Trading Apps & Tools

Score:

9 /10

Biconomy received a score of 9/10 for its trading apps and tools. Its mobile platforms are highly rated on both iOS and Android, delivering smooth performance, advanced charting capabilities, and real-time market data.

App data protection with 2FA
Fast and secure login with Face ID
Android app score 4
Positive user feedback on the iOS app

Advanced orders not available
No standalone desktop access

Trading apps

Biconomy provides web and mobile apps for both Android and iOS users, with an average rating of 4.5 on the App Store and 4 on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the Biconomy platform is for mobile use.

	Biconomy	OKX	Coinbase
2FA	Yes	Yes	Yes
Face ID	Yes	Yes	No
Mob Indicators	Yes	Yes	Yes
Alerts	Yes	Yes	Yes
Advanced Orders These are specialized trading features that give users more precise control over how trades are executed. Examples include Stop-Limit, Trailing Stop, and OCO (One Cancels the Other). These tools may only be available on the web version of the platform.	No	Yes	Yes
Trading with bots	Yes	Yes	No
API	Yes	Yes	Yes
Extra trading platforms These refer to third-party platforms supported by the crypto exchange in addition to its own proprietary system.	No	No	No

Does Biconomy offer a desktop app?

No, Biconomy does not currently offer a desktop app. However, users can access the platform via its web version, which provides more comprehensive functionality compared to the mobile apps.

Does Biconomy offer advanced charting with TradingView integration?

Yes, Biconomy offers advanced charting through direct integration with TradingView. Users can access TradingView’s full suite of indicators, drawing tools, and multi-timeframe analysis directly on the platform.

Customer Support

Score:

3 /10

Biconomy provides below-average customer support, with noticeable limitations in communication channels, service availability, or additional assistance resources.

During TU testing, the exchange received a relatively low score for support accessibility and responsiveness. Users may face difficulties obtaining timely assistance with account access, deposits, withdrawals, or trading-related issues.

Live chat support available
24/7 customer support available
Support ticket system available

Phone support unavailable
Limited language support

Biconomy Support Channels vs Competitors

	Biconomy	OKX	Coinbase
Live Chat	Yes	No	Yes
Email Support	Yes	No	No
Phone Support	No	No	No
Ticket System	Yes	Yes	Yes
24/7 Support	Yes	Yes	Yes
Help Center / FAQ	Yes	Yes	Yes
Multilingual Support	No	No	Yes