Editor choice

KuCoin vs. Bibox cryptocurrency exchanges compared

KuCoin
VS
Bibox

KuCoin vs Bibox, two different exchanges but so similair. The Bibox exchange has their own BIX token and KuCoin has their own KuCoin Shares token. In this article we compare both exchanges and list the pros and cons of both exchanges. This post is informing and could help you decide what exchange you would like to use to trade your cryptocurrencies. Scroll down for the review and the comparison between these two cryptocurrency exchanges.

Rating

KuCoin Score
74 %
Bibox Score
78 %

Quick Navigation

KuCoin Review
Bibox Review
Conclusion KuCoin vs Bibox



KuCoin Review

KuCoin is one of the fastest growing exchanges out there. In the bullmarket peak in December-January the KuCoin exchange grew rapidly. The trading volume from KuCoin grew from 20m to around 400m per day. When the cryptocurrency market turned red the volume of KuCoin dropped. The user base of KuCoin grew so fast that they had problems with their customer support. Since may 2018 they did some big updates and we have the feeling that they have solved the problems they had. In February KuCoin did some updates to their trading interface which looks amazing now.kucoin trading interface

The trading volume of KuCoin is slowly increasing which makes it more interesting to hold their own token; KuCoin Shares. KuCoin splits 50% of their trading fee revenue with the token-holders. So the more volume the more passive income you receive daily. If you would like to learn more about KuCoin Shares, read this article. We believe KuCoin will be and stay one of the biggest exchanges out there. They list new coins very often, they do trading competitions and you can vote for new listings. With the increasing volume it is good to create an account on the KuCoin exchange.

We like the interface of KuCoin and navigating around the site is user friendly. IF they could increase their volume a bit more and making right decisions it will be a great exchange. It can do no harm to create an account on KuCoin just to trade altcoins that get listed after ICO’s or altcoins that do not get traded on different exchanges.

7.4Total Score
KuCoin review

In this review we rank KuCoin on 8 different points

Interface
8
Support
7
User-friendliness
8
Trading fees
8
Volume
6,5
Marketing
7,5
Supported currencies
9
FIAT
6
PROS
  • Great trading interface
  • User friendly interface
  • Increasing volume
  • Low trading fees
  • Possibility of a passive income with KCS
CONS
  • Customer support could be better
  • Volume still low compared to the beginning of 2018



Bibox review

The interface of Bibox really looks like its copied and pasted from KuCoin. our opinion about this? Better a well stolen interface then bad a bad interface. The interface is a tat different then the one of KuCoin. We think the whole Bibox website is a mix between Binance and KuCoin and takes best of both worlds. bibox trading interface


Bibox lists different coins then their competitors thats why we think it is a good thing to also create an account on Bibox. What can we say about the trading interface? exactly the same as KuCoin, but it works great. One of the great things on Bibox is that they offer margin trading, something that KuCoin does not have.

Bibox offers a Windows and Mac application to run the trading platform directly from your computer without having to visit their website (for now the application still looks like a browser). The application works does work great. Also Bibox offers a mobile app for IOS, KuCoin does not have a desktop trading platform but does offer a IOS application. At the time of writing Bibox has double the trading volume of KuCoin.

Bibox also has their own token BIX. This token does around the same as the KuCoin shares token does. It shares trading revenue with the tokenholders. The supply of the token is 130m. The difference between the BIX token and KCS is that you have to trade once a week to receive your bonus. For now the reward is 30%. A great way to get a semi-passive income.

7.8Total Score
Bibox review

In this review we rank Bibox on 8 different points

Interface
8
Support
8,5
User-friendliness
8,5
Trading fees
8
Volume
8,5
Marketing
7
Supported currencies
9
FIAT
6
PROS
  • Great trading interface
  • User friendly interface
  • Good volume
  • Low trading fees
  • Possibility of a semi-passive income with BIX
CONS
  • Some emails are half in Chinese
  • Interface mostly copied from other platforms



KuCoin versus Bibox conclusion

KuCoin vs Bibox, two great exchanges with similar interfaces. Both exchanges have their own token that shares their revenue with their token holders. The difference between KCS and BIX token is that with BIX you have to make at least one trade a week to profit from this bonus. The volume of Bibox is twice as big as the volume of KuCoin at the time of writing. But still Bibox is still a quite small exchange. Bibox offers tokens that other exchanges do not offer. This makes it interesting to have an account and some funds there.The support of Bibox is much better then the support of KuCoin at the moment. This might be because of the crazy growth KuCoin went trough at the beginning of the year.

In our eyes both exchanges are similar but our preference goes out to Bibox just for the tokens they are offering. We think it is good to have an account on both exchanges.

We will be happy to hear your thoughts

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