VinDAX vs Bibox: Fees, Coins, Safety Comparison
| Feature | VinDAX | Bibox |
|---|---|---|
Overall |
2.5 |
2.6 |
1 |
1 |
|
3.2 |
2.6 |
|
3.4 |
3.2 |
|
Investment Instruments |
1 |
2.5 |
Platforms and Charting Tools |
2.8 |
2.4 |
Deposit and Withdrawal |
3.3 |
2.5 |
Research |
3.1 |
2.7 |
Education |
2.4 |
2.4 |
Support |
3.0 |
2.9 |
Bonuses |
2.4 |
3.5 |
|
Your capital is at risk.
|
VinDAX vs Bibox: Pros and Cons
The VinDAX exchange is a popular cryptocurrency and coin trading platform with its proprietary VD token that saves on trading fees. Bitcoin (₿), Litecoin (Ł), Tether (₮), Ripple, and dozens of other cryptocurrencies and coins are available for trading on the exchange; and the list is regularly updated due to the open listing. Commissions are lower than the market average — initially 0.1% on the first trading level for taker/maker. In addition to the trading terminal in the browser, the exchange has its mobile application. One of the key advantages of the platform is its developed community infrastructure. It has a large blog with high activity and several dozen Telegram channels for communication between traders in different languages. It also has separate communication channels with technical support specialists who work 24/7. Registration is free and there is no minimum deposit.
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.
| VinDAX | Bibox | |
|---|---|---|
| Overall Pros | many cryptocurrencies and coins are available for trading; | You can trade the most popular cryptocurrencies and coins here; |
| the exchange has its own VD coin, which gives a discount on commissions; | ten fiat currencies are also available for trading; | |
| Trading fees are lower than the market average; | variety of markets for margin and futures trading; | |
| Many deposit and withdrawal options are available; | leverage up to x150 is available in all directions; | |
| the trading terminal is easy to use; | five profitable investment solutions; | |
| Application for mobile trading (iOS/Android); | ready-made trading bots; | |
| Regular promotions and contests with money prizes; | a trade copying service; | |
| API for integration of the trading application into the platform; | innovative microservices based on machine learning; | |
| high efficiency of technical support; | variety of options for reducing commission fees. | |
| Overall Cons | no referral program; | no demo-accounts; |
| no fiat currency; | no call-center; | |
| no investment solutions. |
VinDAX vs Bibox: Safety and Regulation
| Regulated By: | VinDAX | Bibox |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
No |
No |
VinDAX vs Bibox: Trading Conditions
| Trading Conditions | VinDAX | Bibox |
|---|---|---|
Minimum Deposit |
$1 |
$1 |
Trading Platforms |
TradingView |
TradingView |
Max Leverage (Futures) |
44562 |
1-150 |
Number of Markets |
108+ |
150+ |
Trading Accounts |
1 |
1 |
Base Account Currencies |
Cryptocurrencies |
Cryptocurrencies, US dollar, Japanese yen, and a number of other currencies |
VinDAX vs Bibox: Fees
Trading Fees
| Fee | VinDAX | Bibox |
|---|---|---|
Max Maker |
0.0800% |
0.10% |
Max Taker |
0.0800% |
0.20% |
Min Maker |
0.0500% |
0.10% |
Min Taker |
0.0500% |
0.20% |
Debit/Credit Card Purchase Fee |
Not supported |
Not supported |
Futures Trading fees
| Fee | VinDAX | Bibox |
|---|---|---|
Max Maker |
0.0800% |
0.10% |
Max Taker |
0.0800% |
0.20% |
Min Maker |
0.0500% |
0.10% |
Min Taker |
0.0500% |
0.20% |
Non-Trading Fees
| Fee | VinDAX | Bibox |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
From 0% to 20% depending on the chosen cryptocurrency |
No |
Bank Transfer Withdrawal Fee |
Not supported |
Not supported |
Debit/Credit Card Withdrawal Fee |
Not supported |
Not supported |
BTC Withdrawal Fee |
0.0005 BTC |
0.001 BTC |
Inactivity Fee |
No |
No |
VinDAX vs Bibox: Trading Assets
| Asset Name | VinDAX | Bibox |
|---|---|---|
Overall |
108+ |
120+ |
Bitcoin (BTC) |
Yes |
Yes |
Litecoin (LTC) |
Yes |
Yes |
Dogecoin (DOGE) |
Yes |
Yes |
Binance Coin (BNB) |
Yes |
Yes |
Uniswap (UNI) |
No |
Yes |
Ripple (XRP) |
Yes |
Yes |
Polkadot (DOT) |
No |
Yes |
Cardano (ADA) |
No |
Yes |
Stellar (XLM) |
Yes |
Yes |
IOTA (MIOTA) |
No |
Yes |
Tron (TRX) |
Yes |
Yes |
Derivatives (Futures) |
Yes |
Yes |
NFT |
No |
No |
Crypto ETF |
No |
No |
VinDAX or Bibox: Investment Programs
| Asset Name | VinDAX | Bibox |
|---|---|---|
Staking |
No |
No |
Mining pool |
No |
No |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
No |
DeFi mining, Bibox Real Mining HashRate |
Trading Platforms: Bibox or VinDAX
| VinDAX | Bibox | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
Yes |
No |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Trading Platforms Features: Bibox or VinDAX
| VinDAX | 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 VinDAX
| VinDAX | Bibox | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: Bibox or VinDAX
| VinDAX | 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 VinDAX
| VinDAX | Bibox | |
|---|---|---|
Market |
Yes |
No |
Limit |
Yes |
Yes |
Stop Loss |
No |
Yes |
Stop Limit |
Yes |
No |
Trailing Stop |
No |
No |
VinDAX vs Bibox: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | VinDAX | Bibox |
|---|---|---|
Bank Transfer |
Yes |
No |
Credit/Debit Card |
No |
No |
Electronic Wallets |
No |
No |
Crypto |
Yes |
Yes |
VinDAX vs Bibox: Research
| Research Type | VinDAX | Bibox |
|---|---|---|
News Feed |
No |
No |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
No |
No |
VinDAX vs Bibox: Education
| Education Type | VinDAX | Bibox |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Courses |
No |
No |
Articles |
Yes |
Yes |
Videos |
No |
No |
Webinars |
No |
No |
Bibox vs VinDAX: Support
| Support Features | VinDAX | Bibox |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
Yes |
|
Phone |
No |
No |
Online chat |
No |
Yes |
Other |
No |
No |
VinDAX vs Bibox: Crypto Bonuses and Promo
| Promo | VinDAX | Bibox |
|---|---|---|
Crypto Bonus |
No |
No |
Affiliate Program |
No |
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. |
|
Your capital is at risk.
|
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 VinDAX
-
Comment
The company cancels all profitable trades. VinDAX does not have a regulator. And they know for sure that nothing will happen to them, no matter what they do. I do not recommend this company.
-
-
Comment
The first impression this cryptocurrency exchange exudes is its favorability. Registration took just a couple of minutes, and I heard from friends that there were no problems with verification on this site. The terminal works like a Swiss watch, and I did not notice any technical failures or bugs during work. There are many assets to choose from, and their number is growing. The VinDAX exchange does not interfere with the open listing of coins.
-
Comment
This platform is publicly listed, so the pool of coins is growing actively. I have been working here for over a year, and the range of cryptocurrencies is constantly expanding. This company has many other advantages such as comfortable trading conditions. Moreover, it is equally convenient to trade here both from the browser version and from the mobile application. The functionalities of the two are the same. This crypto exchange has done everything it can to keep traders interested and to ensure they can trade safely in coins.
-
Comment
I can’t even list all those moments that do not suit me in VinDAX. I do not want. And it would seem that the platform has been working for more than a year, but the minuses are off the charts. There are no guarantees about the safety of your funds, the site is registered in such an Asian country as Vietnam. This means that she does not have the documents necessary for such work. There is no regulation. This is not very reliable!
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.