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BW.com Exchange Review 2023 - Is It Safe?

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Country: Australia
Launched: 2017
Site: www.bw.com
Volume: $ 586,399,491.0
Pairs: 107
Mobile app: iOS, Android
Full address: Hong Kong
Fees: Transaction fees:
-Token trading for Regular Member - Maker 0.1%; Taker 0.1%;
-Token trading for Market Maker - Maker 0%; Taker 0%;
-Margin trading for Regular Member - Maker 0.1%; Taker 0.1%;
-Margin trading for Market Maker - Maker 0.1%; Taker 0.1%.

Deposit fees are free of charge and Withdrawal fee will be subject to the actual situation of the block, which can be consulted at https://www.bw.com/help/rate.
Fees: Transaction fees:
-Token trading for Regular Member - Maker 0.1%; Taker 0.1%;
-Token trading for Market Maker - Maker 0%; Taker 0%;
-Margin trading for Regular Member - Maker 0.1%; Taker 0.1%;
-Margin trading for Market Maker - Maker 0.1%; Taker 0.1%.

Deposit fees are free of charge and Withdrawal fee will be subject to the actual situation of the block, which can be consulted at https://www.bw.com/help/rate.
Grade points: 0.00
Expert Review
May 30, 2020

BW is a cryptocurrency exchange platform that enables users to trade a wide range of digital assets including Bitcoin, Ethereum, Litecoin, and more. The platform is known for its easy-to-use interface, low trading fees, and advanced trading tools.

Interface

One of the standout features of BW is its user-friendly interface. The platform is designed to be easy to navigate and understand, even for novice traders. The platform also has a wide range of trading pairs available, which allows users to trade a variety of cryptocurrencies. The platform has both a web version and mobile app version, this makes it very convenient for users to trade on the go.

Trading Fees

BW also offers low trading fees, with a flat 0.05% trading fee on all trades. This is lower than the industry average, which can be a significant advantage for active traders. Additionally, BW has a referral program that rewards users for bringing in new traders, which can help to lower fees even further.

Trading Tools

The platform also provides advanced trading tools such as stop-loss and limit orders, which are useful for managing risk and maximizing profits. These tools allow users to set specific parameters for their trades and can help to minimize losses and maximize gains. The platform also provides margin trading with high leverage which can be useful for experienced traders.

Security

In terms of security, BW has implemented multiple layers of protection to ensure the safety of users' assets. The platform uses cold storage for the majority of its cryptocurrency holdings and employs SSL encryption for all data transfer. Additionally, 2FA is available for added security. The platform has a strict security policy in place to ensure the safety of users' assets.

Customer Support

BW also has a responsive and helpful customer support team, available through live chat and email. They are quick to respond to queries and resolve any issues that may arise. The platform has a knowledge base and FAQ section that can be useful for users to find answers to common questions.

However, it is important to note that while BW has many strengths, it also has some limitations. The platform's trading volume is relatively low compared to other exchanges and it does not offer as many altcoin trading pairs as some of its competitors. Additionally, it is always advisable to do your own research and invest only what you can afford to lose.

In conclusion, while BW is a solid choice for cryptocurrency traders looking for a user-friendly platform with low trading fees, advanced trading tools, and responsive customer support. The platform's relatively low trading volume and limited altcoin selection are things to consider before signing up. It's always important to conduct your own research and invest only what you can afford to lose.

Our Score
Functionality 5 / 5
Reputation 4 / 5
Security 4 / 5
Support 3 / 5
Fees 4 / 5
Our Score
4 / 5
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User reviews
Zeljko Jovanovic 29 March 2021
1.0

Bw exchange is a scam exchange. Totally fraudulent and bad experience. Thay have android app that doesn't work properly. Withdrawal fees are for SF movies. First I couldn't get my Matic tokens for more than 3 months maintenance. Now I can only withdraw them with 367$ fee.

Review image
Joyk 3 May 2020
5.0

The low fee makes a big a deal alongside minning feature. I did use the pool a lot, but it could be quite profitable thing. The well-operated exchange is convincing me to try.

Zeljko Jovanovic
29 March 2021
What low fee,are you serious,they have higher fees on planet earth.
Country: Australia
Launched: 2017
Site: www.bw.com
Volume: $ 586,399,491.0
Pairs: 107
Mobile app: iOS, Android
Full address: Hong Kong
Fees: Transaction fees:
-Token trading for Regular Member - Maker 0.1%; Taker 0.1%;
-Token trading for Market Maker - Maker 0%; Taker 0%;
-Margin trading for Regular Member - Maker 0.1%; Taker 0.1%;
-Margin trading for Market Maker - Maker 0.1%; Taker 0.1%.

Deposit fees are free of charge and Withdrawal fee will be subject to the actual situation of the block, which can be consulted at https://www.bw.com/help/rate.
Fees: Transaction fees:
-Token trading for Regular Member - Maker 0.1%; Taker 0.1%;
-Token trading for Market Maker - Maker 0%; Taker 0%;
-Margin trading for Regular Member - Maker 0.1%; Taker 0.1%;
-Margin trading for Market Maker - Maker 0.1%; Taker 0.1%.

Deposit fees are free of charge and Withdrawal fee will be subject to the actual situation of the block, which can be consulted at https://www.bw.com/help/rate.
Grade points: 0.00
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