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Biconomy Review 2026

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Ranked #27 among the Best crypto exchanges of United States
Updated:
Ranked #27 among the Best crypto exchanges of United States
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Biconomy is available in
2.68/10
TU Overall Score
The TU Overall Score is an independent, data-driven rating based on 140+ measurable data points, including security and regulation, fees, trading tools, supported coins and markets, deposit/withdrawal options, and verified user feedback. Key factors are additionally validated through real-account testing with live deposits to reflect actual trading and withdrawal conditions.
Learn more about TU’s methodology
Minimum deposit:
  • USDT 1
Trading platform:
  • Mobile Apps
  • Browser platform
Trading features
  • Spot and futures markets, over 230 crypto-crypto pairs, fast exchange of fiat money (USD, EUR) to digital assets (USDT, USDC), mid-market trading commissions, optimal leverage.

Our Evaluation of Biconomy

2.68/10
TU Overall Score
The TU Overall Score is an independent, data-driven rating based on 140+ measurable data points, including security and regulation, fees, trading tools, supported coins and markets, deposit/withdrawal options, and verified user feedback. Key factors are additionally validated through real-account testing with live deposits to reflect actual trading and withdrawal conditions.
Learn more about TU’s methodology
Traders Union icon

Biconomy is a high-risk cryptocurrency exchange with the TU Overall Score of 2.68 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Biconomy clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker.

Biconomy is highly competitive in crypto-to-crypto trading, even among top-tier exchanges. Traders benefit from favorable conditions for trading both popular and newly emerging digital assets. Liquidity is generally high, and transactions are processed quickly. However, several additional services have been discontinued or are currently unavailable. Some aspects lack transparency, such as undisclosed fees for instant exchanges.

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.

Brief Look at Biconomy

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.

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Advantages of trading with Biconomy:
  • 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.
Disadvantages of Biconomy:
  • There are no fiat-to-crypto trading pairs available.
  • Some additional investment features (staking, Launchpad, IEO) exist but are currently inactive, with no new offerings.
  • Limited educational resources and technical support can sometimes be slow to respond.

TU Expert Verdict

Anton Kharitonov

Chief Analytics Officer

Biconomy provides access to trading spot and futures markets with over 230 crypto-to-crypto pairs using web and mobile platforms. The exchange features advanced charting through TradingView, competitive trading fees from 0.2% for spot and as low as 0.02% for futures, and leverage up to 1:100. Users can deposit via Visa, MasterCard, or supported cryptocurrencies, with a minimum deposit starting at 1 USDT. Biconomy Earn offers potential passive income, and traders benefit from rapid transaction processing and a broad selection of listed digital assets.

However, a notable drawback is that Biconomy is not regulated by any government authority, which means it lacks key security measures and investor protections typical of government-regulated exchanges. Other disadvantages include limited fiat support, some investment features such as staking and launchpad being temporarily inactive, and no access to bank transfers or desktop trading applications. Biconomy may not be suitable for users who prioritize strong regulatory oversight, extensive fiat services, or advanced support resources.

Biconomy Summary

Your capital is at risk.  Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.

💻 Trading platform: Browser-integrated platform, mobile application for Android or iOS devices 
📊 Accounts: Standard 
💰 Account currency: USD, EUR, as well as BTC, ETH, USDT, USDC, XRP, LTC, XLM, MATIC, DOGE and other cryptocurrencies
💵 Deposit / Withdrawal: Visa and MasterCard, cryptocurrency wallets
🚀 Minimum deposit: 1 USDT 
⚖️ Leverage: 1:100 
💼 Copy Trading: No
📈️ Min Order: No
💱 Commission: Spot: 0.2%-0.2%
Futures: 0.02%-0.06%
🔧 Instruments: 268 supported coins, Futures.
💹 Margin Call / Stop Out: No
🏛 Liquidity provider: No
📱 Mobile trading: Yes
➕ Affiliate program: Yes
📋 Order execution: No
⭐ Trading features: Spot and futures markets, over 230 crypto-crypto pairs, fast exchange of fiat money (USD, EUR) to digital assets (USDT, USDC), mid-market trading commissions, optimal leverage.
🎁 Contests and bonuses: Yes

Traders aren't required to make a large initial deposit, but smaller deposits may not be feasible due to blockchain network fees. Leverage up to 1:100 is available for futures trading, though some pairs may offer lower leverage (e.g., 1:20 or 1:50). Leverage is flexible, allowing traders to set their preferred level within the given range.

For support, traders can ask questions via the online chat or the ticket system on this page. Additionally, specialists respond in the official Telegram community. The support service operates on a highly convenient schedule.

Biconomy Key Parameters Evaluation

Score:
Our evaluation encompasses several key factors, including government regulation, two-factor authentication (2FA), cold wallet storage of client assets, investor protection funds, KYC protocol adherence, year of foundation, and history of security breaches. Read more in our Methodology
3.5/10

Regulation and Safety

Biconomy received a score of 3.5/10, indicating a low level of security and regulatory compliance. This suggests that the platform may lack essential protections, and users should exercise extreme caution.

Advantages of Biconomy
  • No successful hacks history
  • 2FA
  • Facial recognition
Disadvantages of Biconomy
  • Not government-regulated
  • Not U.S regulated

Biconomy Security Factors

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 Kraken OKX
Tier-1 regulation No Yes No
Government-regulated No Yes Yes
Investor protection fund No No Yes
2FA Yes Yes Yes
Facial recognition Yes No Yes
Cold wallet storage No Yes Yes
Successful hacker attacks No No No

Is Biconomy a regulated crypto exchange?

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.

Score:
This category evaluates trading costs and the transparency of deposit and withdrawal charges according to the Methodology. It covers spot and futures trading fees, P2P exchange costs, deposit/withdrawal fees, and tiered fee structures. The assessment ensures that fees are competitive and clearly disclosed, avoiding hidden or excessive costs. Each factor is scored based on defined criteria, contributing to the overall rating.
5.75/10

Biconomy commissions and fees

Biconomy received a 5.75/10 score for its trading fees. While Biconomy is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.

Advantages
  • Futures fees below industry average
  • No deposit fee
  • No P2P fee
Disadvantages
  • 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
Spot, maker fee (%) 0.2 0.22 0.1 0.15
Spot, taker fee (%) 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, % 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.

Score:
We evaluated the deposit and withdrawal experience, considering several key factors such as the range of available methods, transaction processing speed, minimum deposit requirements, and associated fees. Read more in our Methodology.
5/10

Deposit and Withdrawal

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.

Advantages
  • Many cryptocurrencies for deposits and withdrawals
  • Bank cards accepted for instant deposits
  • No deposit fees
Disadvantages
  • No P2P transfer option
  • No Google Pay 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 Kraken OKX
Bank transfers No Yes No
Bank card Yes Yes Yes
Crypto Yes Yes Yes
PayPal No Yes No

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 Kraken OKX
Minimum deposit, USD or USDT 10 10 10
Minimum deposit, BTC 1 1 5
Minimum trade amount, USD/USDT 1 1 1

Does Biconomy support fiat money?

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

Score:
Evaluates the range of available cryptocurrencies, fiat currencies, and markets, as well as investment tools like staking, farming, and other yield options. Read more in the Methodology section.
6/10

Supported coins & markets

Biconomy received a score of 6/10 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.

Advantages
  • Crypto copy trading available
  • Crypto futures available
  • Staking available
Disadvantages
  • Yield farming not available
  • Fiat currencies not supported

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 Kraken OKX
Supported coins 268 278 329
Futures/Perpetual contracts Yes Yes Yes
Options No No Yes
NFTs No Yes Yes

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 Kraken OKX
Staking Yes Yes Yes
Yield farming No Yes Yes
Copy trading Yes Yes Yes
Score:
This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles. Learn more in our Methodology.
9/10

Trading apps & tools

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.

Advantages
  • Mobile indicators allowed
  • Fast and secure login with Face ID
  • Strategy sharing with Copy Trading
  • Android app score 4
Disadvantages
  • 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 Kraken OKX
2FA Yes Yes Yes
Face ID Yes No Yes
Mob Indicators Yes Yes Yes
Alerts Yes Yes Yes
Advanced Orders No Yes Yes
Trading with bots Yes No Yes
API Yes Yes Yes
Extra trading platforms 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.

Contacts

Official site https://www.biconomy.com/en
Contacts

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