24H Volume

Coming soon!

B2BX

3 from 1 vote
Unknown country

Fees

Taker fee

0.3%

Maker fee

0.2%

Withdrawal fee

0.0005

Funding methods

Wire transfer

Credit card

Other crypto

US investors permitted


B2BX Review

A trading cryptocurrency guide must provide reviews of all of the top crypto exchanges out there, so that you can find the best cryptocurrency exchange site for you. This review of B2BX consists of four parts: general information, fees, deposit methods and security.

General Information

B2BX is a coin exchange launched January 2018 that offers trading in all of the biggest cryptocurrencies. All of the major cryptocurrencies traded here have a matching trading pair with this exchange’s own token, the B2BX Token.

B2BX states on its website that they have “institutional grade liquidity for cryptocurrency trading”. This term can of course be defined differently among different people. An objectively verifiable fact, however, is that at the time of writing this review (29 September 2018), B2BX had the 76th highest trading volume during the most recent 24 hour period according to information from Coinmarketcap. The exchange’s trading volume during such period was approximately USD 8 millino.

We want to raise a small warning flag due to the fact that we have not been able to find any information on this exchange’s country of origin. This is definitely something to look out for. Transparent and consumer-friendly exchanges generally provide more information on the company behind the exchange etc.

B2BX does not explicitly state that US-investors are prohibited from trading. This makes us believe that US-investors can trade here. If you have experienced anything to the contrary, please do let us know.

B2BX Fees

B2BX Trading fees

Every trade occurs between two parties: the maker, whose order exists on the order book prior to the trade, and the taker, who places the order that matches (or “takes”) the maker’s order.

B2BX charges different fees for takers and makers. For takers, their fees are 0.30%. Makers are rewarded a 0.10% discount and are thus charged 0.20%.

Both 0.30% for takers and 0.20% for makers are roughly in line with the global industry average. However, as we do not know which country B2BX comes from, we have no domestic counterparts to compare with.

B2BX Withdrawal fees

This trading venue charges a withdrawal fee amounting to 0.0005 BTC when you withdraw BTC. This fee is below the industry average and we consider it being consumer-friendly.

Deposit Methods

This trading venue does not accept any deposits of fiat currency. This means that new cryptocurrency investors (i.e., investors without any previous holdings of cryptocurrencies) can’t trade here. In order to purchase your first cryptocurrencies, you need a so called entry-level exchange, which is an exchange accepting deposits of fiat currency. Find one by using our Exchange Finder!

Security

This trading platform’s security score is F, when performing the test at Observatory by Mozilla (https://observatory.mozilla.org/). This is below industry average when it comes to top crypto exchanges.

***

If you have concluded that this is the exchange for you, congratulations! Go for it. But if not, find the best cryptocurrency exchange site for you by using our revolutionary matching tool.

Good luck!

B2BX Review - Cryptowisser Logo
Cryptowisser – Your Trading Cryptocurrency Guide