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0,2%
Top 100+
0,05%
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BW.com Review 2024
Minimum
deposit:
deposit:
- $1
Trading platform:
- TradingView
Minimum
deposit:
deposit:
- $1
Trading platform:
- TradingView
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
Summary of BW com Crypto Exchange
BW com is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.72 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. BW com ranks 60 among 173 companies featured in the TU Rating, which is based on the evaluation of 100+ criteria.
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.
NOTE!
If you are planning to trade cryptocurrencies, and not just keep your savings in crypto wallets, we recommend that you choose one of the top brokers with reliable regulation and access to trading crypto CFDs. This type of trading will help you avoid holding your cryptocurrency in e-wallets of exchanges, which quite regularly get hacked. Also, availability of leverage will allow you to trade crypto CFDs for amounts much higher than your deposit.
Traders Union experts recommend considering Top 3 companies from our rating:
Editorial Note: We are unable to verify the validity of reviews and publish all reviews, both positive and negative,
in accordance with the
Users Reviews Policy.
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.
| 💰 Account currency: | Cryptocurrencies, USD, CNY, KRW |
|---|---|
| 🚀 Minimum deposit: | $1 |
| ⚖️ Leverage: | 1:100 |
| 💱 Spread: | Market |
| 🔧 Instruments: | Cryptocurrencies, currencies |
| 💹 Margin Call / Stop Out: | No |
👍 Advantages of trading with BW com:
- 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.
👎 Disadvantages of BW com:
- no demo accounts;
- no connection with technical support by phone.
Evaluation of the most influential parameters of BW com
Geographic Distribution of BW com Traders
Popularity in
13.9%
IR
84.1%
Others
User Satisfaction i
19 comments
Total score:
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Expert Review of BW com
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.
Dynamics of BW com’s popularity among
Traders Union’s traders, according to 2023 data
Investment Programs, Available Markets, and Products of the Crypto Exchange
The BW.com cryptocurrency exchange provides a standard solution for its segment, which is staking. These are cryptocurrency deposits in developing blockchain projects that require borrowed funds. The exchange acts as an intermediary platform between such projects and crypto traders who want to passively earn using cryptocurrency.
To participate, you need to go to the "Finance" section, then to the "Pool" subsection. This subsection provides a list of current programs. Programs differ in asset, minimum deposit, term, and interest rate. The minimum deposit period is one day, the maximum is 180 days. For the period specified by the project, the deposit invested in the program is blocked. After its expiration, the deposit plus accrued interest is returned to the user.
The interest rate can be from 1%, depending on the program. Often the interest rate is floating and depends on the success of the project development. In some cases, it can reach 50%. The minimum deposit is small, usually from 15 USDT in an equivalent asset. Any user who has registered and verified on the exchange can participate in these programs.
Important!
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
BW.com’s affiliate program
The BW.com crypto exchange does not provide affiliate (referral) programs for a broad audience. This means that you can invite other users to the platform, but you will not receive any advantages or bonuses as a result. Many traders consider the nonexistence of a common affiliate program a sign of the success of this platform, which does not need to stimulate a massive influx of traders.
Please note that BW.com offers a Super Affiliate program. Participation in it is individual and upon request. It is available to users who have popular media resources and blogs. The exchange will provide you with promotional materials, reduced commissions on trading operations, and the possibility of passive earnings from commissions of traders who came to the platform via affiliate links from your resources or blogs.
Trading Conditions for BW com Users
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.
$1
Minimum
deposit
1:100
Leverage
24/7
Support
| 💻 Trading platform: | TradingView terminal |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | Cryptocurrencies, USD, CNY, KRW |
| 💵 Replenishment / Withdrawal: | Bank cards and accounts, electronic and cryptocurrency wallets |
| 🚀 Minimum deposit: | $1 |
| ⚖️ Leverage: | 1:100 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | From 0 |
| 💱 Spread: | Market |
| 🔧 Instruments: | Cryptocurrencies, currencies |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | No |
| 📋 Orders 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 |
Broker comparison table of trading instruments
| BW com | Bybit | MEXC | Binance | Zoomex | Poloniex | |
| Forex | No | No | No | Yes | No | No |
| Metalls | No | No | No | No | No | No |
| Crypto | Yes | Yes | Yes | Yes | Yes | Yes |
| CFD | No | No | No | No | No | No |
| Indexes | No | No | No | No | No | No |
| Stock | No | No | No | No | No | No |
| ETF | No | No | No | No | No | No |
| Options | No | No | No | No | No | No |
BW com Commissions & Fees
Information
The BW.com crypto exchange charges trading fees. If it is margin trading, then the commission is fixed for the taker and maker at 0.2%. For market makers, it is 0%. For perpetual swap trading, the fee depends on the specific contract. That is, in any case, the fee is not affected by the trading volume, and there are no trading levels on the platform in comparison with most competitors.
| Account type | Spread (minimum value) | Withdrawal commission |
| Standard | Up to 0.2% per order | Yes |
For example, the commission for the BTC/USDT_SWAP contract is 0.075% for the taker and 0.025% for the maker. For EOS/USDT_SWAP, the taker's commission is the same, but the maker's commission is -0.025% (negative). For most contracts, the taker’s fee is 0.075%. The amount of the fee can change dynamically depending on the state of the market and the current volume of trading.
The BW.com crypto exchange charges withdrawal fees. The minimum withdrawal amount and commission depend on the specific asset. For example, you cannot withdraw less than BTC 0.0025, and the commission will always be BTC 0.0005, regardless of the withdrawal volume. In general, BW.com's fees are lower than most of its competitors.
| Broker | Average commission | Level |
| BW com | $0.2 | Medium |
| Bybit | $20 | High |
| Bitfinex | $0.1 | Low |
Contacts
| Foundation date | 2017 |
| Registration address | Australia |
| Official site | https://www.bw.com/ |
| Contacts |
Email:
support@bw.com,
|
Disclaimer:
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.
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FAQs
Do reviews by traders influence the BW com rating?
Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about BW com you need to go to the broker's profile.
How to leave a review about BW com on the Traders Union website?
To leave a review about BW com, register on the Traders Union website or you can also leave a review through Facebook.
Is it possible to leave a comment about BW com on a non-Traders Union client?
Anyone can leave feedback about BW com on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.
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