According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $1
- TradingView
- Bitcoin, many altcoins and coins, three fiats, a simple and convenient investment program (staking), there is a training course and a simplified terminal for beginners, low commissions
Our Evaluation of BW com
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
BW com is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.66 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by BW com clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
The BW.com cryptocurrency exchange provides all the opportunities for comfortable trading. There are many markets, large trading volumes, a tutorial for beginners, and a simplified version of the trading terminal for novices, and no minimum deposit. The main terminal is presented in two versions — a desktop terminal for a PC and an application for mobile gadgets based on iOS and Android. The exchange does not have referral programs. Of the passive earning opportunities, only classic staking with a high-interest rate is available. The commissions are profitable, they can be reduced due to the rebates from Traders Union.
Brief Look at BW com
The BW.com cryptocurrency exchange offers spot and derivatives trading with up to x100 leverage. The most popular cryptocurrencies and tokens are traded on the exchange, including Bitcoin, Ethereum, Litecoin, Tether, Qtum, DOGE, HENA, and others. And also there are three fiats: the US dollar, the Chinese yuan, and the South Korean won. There are built-in solutions for diversifying risks in margin trading. The exchange has its own tutorial for novice traders with a quick start and a simplified terminal for trading. Of the passive earning options, classic staking is presented for up to 180 days with a yield of up to 50%. For margin trading, commissions are fixed for the taker/maker at 0.2%. Perpetual contract fees are contract-specific.
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- all major cryptocurrencies and three fiats, including the US dollar, Chinese yuan, and South Korean won;
- margin trading and derivatives trading with the ability to reduce risks and high leverage (up to x100);
- a simple tutorial for novice crypto traders and a simplified spot trading service;
- many staking programs for passive earnings, for different periods, with a high-interest rate;
- low fixed swap fees;
- perpetual contract fees are average for the segment;
- all major options for depositing and withdrawing fiat funds and electronic money, including third-party wallets, Visa, and MC cards.
- no demo accounts;
- no connection with technical support by phone.
TU Expert Advice
Financial expert and analyst at Traders Union
The BW.com portal is one of the leading international crypto exchanges. It was founded in 2015 as a mining pool but quickly rebranded itself into a cryptocurrency margin trading platform. In 2018, derivatives trading was added, and the number of presented cryptocurrencies increased. The list of fiats available for trading from the very beginning consisted of USD, CNY, and KRW.
The exchange is characterized by dynamic growth, large trading volumes, and a progressive influx of new users, while even lacking a referral program. The trading terminal and application are standard, and the Traders Union experts did not reveal any bugs or technical errors. The software works stably even at peak load.
Of the passive earning options, only staking is available. On staking, the exchange provides a regularly updated list of programs from affiliate companies. Anyone can take part. The interest rate is high, and there are no additional requirements.
The BW.com exchange is suitable for experienced traders and beginners. Although there are no demo accounts, there is a good tutorial and a simplified trading service. Plus low commissions (0.2% fixed for the margin), which can be further reduced thanks to rebates from Traders Union. Please note that the exchange has been operating stably and transparently for many years, but there is no open data on the license to conduct financial activities.
BW com 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: | TradingView terminal |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | Cryptocurrencies, USD, CNY, KRW |
| 💵 Deposit / Withdrawal: | Bank cards and accounts, electronic and cryptocurrency wallets |
| 🚀 Minimum deposit: | $1 |
| ⚖️ Leverage: | 1:100 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | From 0 |
| 💱 Commission: |
Spot: 0,2%-0,2% Futures: 0,025%-0,075% |
| 🔧 Instruments: | 39 supported coins, Futures, Perpetual contracts, Options, Fiat, NFT. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | No |
| 📋 Order execution: | No data |
| ⭐ Trading features: | Bitcoin, many altcoins and coins, three fiats, a simple and convenient investment program (staking), there is a training course and a simplified terminal for beginners, low commissions |
| 🎁 Contests and bonuses: | No data |
One of the important advantages of the BW.com cryptocurrency exchange is the lack of a minimum deposit. To start trading, you only need to register and confirm the data. And then deposit the amount that is comfortable for you. Leverage is available for both margin and derivatives trading. The maximum amount of financial leverage is x100. Technical support is provided by online chat, plus email and official accounts of the exchange on social networks. The table below shows the main trading conditions of the platform.
BW com Key Parameters Evaluation
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Regulation and safety
With a 5.25/10 score, BW com 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.
- 2FA
- Cold wallet storage
- No successful hacks history
- No facial recognition
- Not government-regulated
- Not tier-1 regulated
- Not U.S regulated
BW com Security Factors
We also compared BW com against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| BW com | OKX | Kraken | |
| Tier-1 regulation | No | No | Yes |
| Government-regulated | No | Yes | Yes |
| Investor protection fund | No | Yes | No |
| 2FA | Yes | Yes | Yes |
| Facial recognition | No | Yes | No |
| Cold wallet storage | Yes | Yes | Yes |
| Successful hacker attacks | No | No | No |
Is BW com a regulated crypto exchange?
BW com is not currently regulated by any government authority, which is still a common occurrence in the cryptocurrency industry. While this doesn't automatically mean BW com 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 BW com?
Yes, KYC verification is mandatory at BW com. You will need to complete the verification process before you can open an account and access the platform's full range of services.
In which countries is BW com available?
BW com complies with international sanctions and regional restrictions. Services are limited or unavailable in the following countries: Bahrain, Palestine, Jordan, Iraq, Qatar, Kuwait, Lebanon, Libyan Arab Jamahiriya, Oman, Syrian Arab Republic, Tunisia, Yemen, Botswana, Tanzania, United Republic Of, Zimbabwe, Namibia, Ethiopia, Jamaica, Zambia, Hong Kong, Afghanistan, Trinidad and Tobago, Brunei, Nepal, Serbia, Somalia, Cameroon, Rwanda, Slovenia, Eswatini, Croatia, Mongolia, Burma, Montenegro, Cambodia, Taiwan, Mozambique, Madagascar, Dominican Republic, Albania, Mauritius, Puerto Rico, Cote d'Ivoire, Laos, Macedonia, Papua New Guinea, Costa Rica, Luxembourg, Malta, Ecuador, Bahamas, Haiti. For the most up-to-date information on regional availability, please contact BW com support.
Is BW com available in the USA?
Yes, BW com 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.
BW com commissions and fees
BW com received a 4.2/10 score for its commission structure, indicating that its fees are higher than the market average based on an evaluation of over 100 cryptocurrency exchanges.
- No deposit fee
- Futures fees above industry average
- Spot fee above industry average
- Withdrawal fee may be applied
What are BW com trading fees?
We analyzed BW com’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.
BW com trading fees vs competitors
| BW com | Binance | Bybit | Industry average | |
| Spot, maker fee (%) | 0,2 | 0,1 | 0,1 | 0.15 |
| Spot, taker fee (%) | 0,2 | 0,1 | 0,1 | 0.194 |
| Futures, maker fee(%) | 0,025 | 0,02 | 0,02 | 0.024 |
| Futures, taker fee(%) | 0,075 | 0,05 | 0,055 | 0.053 |
What are BW com deposit and withdrawal fees?
| Deposit fee, % | 0 |
| Withdrawal fee, % | 0,0005 BTC 0,005 ETH |
Does BW com offer P2P trading?
Yes, BW com offers a P2P trading platform. We have provided the fees for these transactions and compared them with competitors.BW com P2P Fees
Deposit and withdrawal
BW com received a 6.5/10 rating for its deposit and withdrawal services. While BW com covers basic payment options, the platform lacks some widely used methods that could improve user flexibility.
- Many cryptocurrencies for deposits and withdrawals
- Bank transfers for deposits and withdrawals
- Bank cards accepted for instant deposits
- No deposit fees
- No Google Pay option
- Withdrawal fee applies
- No PayPal option
Deposit and withdrawal options
BW com supports the following deposit and withdrawal options: Bank transfers, Bank card, Crypto.
BW com Deposit and withdrawal options vs competitors
| BW com | OKX | Kraken | |
| Bank transfers | Yes | No | Yes |
| Bank card | Yes | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| PayPal | No | No | Yes |
What is BW com minimum deposit?
The minimum deposit at BW com is 1 USD/USDT or 0,0001 BTC. The minimum trade size is 0,1 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
BW com minimum deposit vs competitors
| BW com | OKX | Kraken | |
| Minimum deposit, USD or USDT | 1 | 10 | 10 |
| Minimum deposit, BTC | 0,0001 | 0,0005 | 0,0001 |
| Minimum trade amount, USD/USDT | 0,1 | 0,00001 | 1 |
Does BW com support fiat money?
BW com supports fiat currency trading and account funding. The following fiat currencies are accepted:
Supported coins & markets
BW com received a score of 7.5/10 in this category, reflecting a solid selection of tradable assets and markets. BW com supports 39 cryptocurrencies and basic trading types, although some advanced features or asset diversity may be limited compared to leading exchanges.
- Crypto futures available
- Staking available
- Fiat currencies supported
- Only 39 supported coins
BW com supported coins and markets vs competitors
We compared BW com 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.
| BW com | OKX | Kraken | |
| Supported coins | 39 | 329 | 278 |
| Futures/Perpetual contracts | Yes | Yes | Yes |
| Options | Yes | Yes | No |
| NFTs | Yes | Yes | Yes |
BW com passive income options vs competitors
We also compared BW com 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.
Contacts
| Foundation date | 2017 |
|---|---|
| Registration address | Australia |
| Official site | https://www.bw.com/ |
| Contacts |
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