T0mMy
December 12, 2021
To tell you the truth, I don't put too much trust in BW.com. First of all, this cryptocurrency exchange operates in China, which is a big red flag in itself. Should the US-China trade war enter another phase, we might see the outflow of Chinese capital to cryptocurrencies, which, in turn, may result in the toughening of regulation or even the outright ban of exchange platforms. I don't want to find myself in a situation where my assets are being frozen by some Chinese bureaucrat.
Miche11e
November 5, 2021
In my experience, BW.com has probably the best security architecture among its direct competitors. The management has established a long-term partnership with CertiK, a company that conducts security audits and penetration testing, as well as incorporates a verification proof engine. They are also cooperating with Bitbank, a cryptocurrency bank and a provider of various financial services. This gives a big credibility boost for BW.com, supplemented by its solid trading volumes and appropriate fees.
Joshua
October 28, 2021
I have stumbled across the information on some crypto-related website about BW.com being involved in wash trading (the situation when the overwhelming majority of trades occur inside the spread that vastly benefits the exchange) and falsifying the trading volumes. However, if you can't be bothered with such manipulations and just want to do some quiet trading, then BW might be the right fit for you. It has sufficient liquidity to support mid-sized and large trading volumes, so if you are planning to register there just to make a few hundred bucks, go ahead and do so. Nice trading experience is guaranteed.
Paolo Maggio
September 30, 2021
I can't but agree that trading on Chinese cryptocurrency exchanges entails substantial risks for foreign traders. Not need to remind you that their government is as unpredictable as a ricocheting bullet. So, if you feel confident enough to entrust your crypto to a centralized exchange like this, please don't complain if one day you will wake up to a message that your trading account had been blocked for no apparent reason.
Meme Collector
September 23, 2021
BW.com is always among the top-ranked cryptocurrency exchanges on CoinMarketCap both by reported and adjusted volume, which could serve as a proof of its reliability. I don't get people who make a fuss about BW.com being registered in China. Yes, it bears certain risks, but crypto is a risky endeavor at its core, so trading on that platform is no riskier than investing in some emerging blockchain startup. The trading fees on BW.com are more than reasonable, and that' the most important factor for me.
Stephie
September 16, 2021
I won't surprise anyone by telling that the withdrawal fee on BW.com is practically the most appealing thing about this exchange. Now, I am not trying to come out as being cheap, but you know what they say, "A dollar saved is a dollar earned." So, if you are a trader who likes to skim the cream every other day or two, then BW.com is the place to be. I won't be touching upon other feats of the platform, because they are basically inherent to any other reputable exchange in that space, just gonna emphasize one more time that the fees on BW.com are quite favorable.
SpottySnorry
July 12, 2021
BW.com was found only a couple of years ago, so it's still a fledgling exchange. It is not overly sophisticated in terms of user interface and the overall set of features, but I had a pleasant experience trading on that platform. The fees are very reasonable - 0,10% for both makers and takers, with the acceptable withdrawal fees of 0.001 BTC. A good exchange for a nascent trader to hone the skills. What I don't like about BW.com, though, is that I can load my trading account only using crypto.
Dorian White
March 14, 2021
A few days ago we all have witnessed a shining example of how unpredictable and insidious the Chinese government could be. First, they tell stories about developing a national digital currency, which made the market all green and happy. But then the rumor came up about their plans to ban all Chinese cryptocurrency exchanges and even the foreign ones that serve Chinese customers. After that, is it really worth the risk to trade on BW.com or some other China-based exchange?
Lucky_Redhead
February 19, 2021
BW.com has been doing well lately, boosting its reported trading volume by as much as 40% to $81 million a day. That is impressive stats, I wonder what they did to achieve it, perhaps added some new features or trading options, please let me know, guys. Back in the day, I tried doing some trading on BW.com, but then switched to another platform that seemed appealing to me. Perhaps, it is time to go back.
* Crypto Rating accepts no liability for content of the BW.com reviews made by the site users. The entire responsibility for the contents rests with the authors.
Top 10 Cryptocurrency Exchanges
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| 1 |  |
Binance | 2017 | 4.7 | 341 | 85 756 472 788 | 16.06% | |
|---|---|---|---|---|---|---|---|---|
| 2 |  |
Kraken | 2011 | 4.5 | 62 | 1 142 715 309 | 28.70% | |
| 3 |  |
Bitfinex | 2012 | 4.4 | 146 | 978 819 336 | -9.20% | |
| 4 |  |
KuCoin | 2017 | 4.2 | 282 | 8 060 549 816 | 24.53% | |
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Indodax | 2019 | 3.8 | 157 | 33 198 028 | -5.74% | |
| 6 |  |
WazirX | 2018 | 3.4 | 176 | 29 385 566 | -22.41% | |
| 7 |  |
Paribu | 2017 | 3.1 | 51 | 145 013 619 | -31.78% | |
| 8 |  |
OKEx | 2014 | 3.6 | 242 | 20 324 410 065 | 16.18% | |
| 9 |  |
Bybit | 2018 | 3.5 | 97 | 13 164 479 386 | 31.11% | |
| 10 |  |
FTX | 2019 | 1.7 | 192 | 11 002 802 152 | 17.90% |
