B2BX is a centralized cryptocurrency exchange (CEX) that is based out of Estonia and provides trading services to clients globally. The B2BX crypto exchange was launched in 2018 and serves to be among the most reliable exchanges in the industry, where you can choose all kinds of assets to trade from. B2BX is known for providing institutional-grade liquidity to millions of dollars’ worth of crypto assets on the platform to increase the B2BX trade volume.
The B2BX cryptocurrency exchange complies with the AML procedures in order to ensure that there is no fraudulent activity occurring on the platform. All clients are required to fill out the KYC requirements in order to make an account and start trading. B2BX is available in all countries except the USA, Afghanistan, the Bahamas, Barbados, Botswana, Cambodia, Democratic People's Republic of Korea (DPRK), Ghana, Iran, Iraq, Jamaica, Mauritius, Myanmar, Nicaragua, Pakistan, Panama, Syria, Trinidad and Tobago, Uganda, Vanuatu, Yemen, and Zimbabwe. This platform is compatible with all desktop and mobile devices.
Markets
The B2BX crypto exchange allows users to trade both crypto-crypto and crypto-fiat on the platform. There are over 20 listed cryptocurrencies and over 30 B2BX trading pairs on the exchange. The exchange does not provide traders with leverage or margin facilities. The main currencies on the platform include B2BX, BTC, USDT, and USD.
B2B is the native currency of the B2BX cryptocurrency exchange. This is a utility token that is used by traders to get a discount on the B2BX exchange fees. This crypto token also allows you to get discounts on the commission charged by the platform for the B2BX trading pairs.
B2BX runs two types of APIs on its platform: WebSocket and REST. Users are able to acquire public information about volumes and order books with the assistance of these APIs. Additionally, this platform is compatible with private APIs. Users are facilitated in gaining access to real-time information on on-demand open orders through the usage of this facility.
The B2BX crypto fees follow the maker-taker model. Fees go as low as 0.07% and depend on several factors, including the B2BX volume. What this means is that the higher your trading volume, the lower the fees for both the makers and takers on the platform.
B2BX does not charge any fees on deposits made through cryptocurrencies. However, they do charge fees on deposits made through fiat currencies. The minimum deposit amount is $1000, and the deposit fee is 1%. Similarly, the minimum withdrawal amount is $5000, and the withdrawal fee is 1% for fiat currencies. The withdrawal fees vary for cryptocurrencies. For instance, BTC has a withdrawal fee of 0.0005%, and ETH has a withdrawal fee of 0.005%.
Other Services
The B2BX ICO is one of the core products offered by the cryptocurrency exchange. This service controls the production and distribution of the native B2BX token. The B2BX cryptocurrency exchange also features a web wallet. This wallet has private API integrations like Skrill and PayPal to support faster payments for ERC-20, ERC-223, and ERC-777 tokens.
The B2BX crypto exchange also has a grouping feature that allows you to evaluate the depth of liquidity on the available trading pairs using the grouping feature in the order books. There is also a special widget in the trading interface called Market Depth that allows you to get an overview of the total number of buy and sell orders that are currently open.
B2BX is also planning to launch its very own prepaid cards. You will be able to top up your prepaid B2BX card using funds from one of the wallets connected to your B2BX account. This prepaid card can be used anywhere around the world, and funds can be withdrawn from any ATM as well. The mobile platform ensures you can trade on the go from anywhere around the world.
About the Company
B2BX was founded in 2018. Arthur Azizov is the founder and CEO of the B2Broker Group. He is also the advisor and tech consultant at B2BX. Ivan Nikolajev is a member of the Management Board, Roman Zhitnik is the B2BX product manager, Denis Redin is the marketing manager, and Mikhail Grigorev is the online content manager. These team members are the backbone of the entire B2BX platform.
B2BX has not been subject to any major controversies since it launched back in 2018. However, they have been caught faking their trading volume. B2BX displayed their volume to be at a much higher value than what it really was. To check the current B2BX volume, take a look above.
