Cryptocurrency Exchange website
Founded 2017
Brief belongs to the cohort of newly emerged decentralized cryptocurrency exchanges since it was established only two years ago.
Last updated: Thursday, September 24, 2020 3:00:03PM UTC
Volume 24 hours, USD: 190 574 285 general information

General facts, technical details and general information about exchange belongs to the cohort of newly emerged decentralized cryptocurrency exchanges since it was established only two years ago. BW is an abbreviation for Bit, which is the smallest informational unit, and W that actually stands both for World and Wealth.

It depicts the philosophy of the team that stood behind the platform development - to help shape the world as a unity of self-governing communities which get a share of the wealth, created by means of the platform. started as an online mining pool, which enjoyed some popularity at the inception of the crypto industry. In 2017, the pool was acquired by CollinStar Capital, the crypto asset management firm which claims to be one of the biggest in the Asia-Pacific region. As a result, made a shift towards cryptocurrency trading while maintaining a firm rooting in mining. In essence, this platform is an example of the crypto exchange that is based on the foundation of the mining pool.

It would be interesting to know that operates in tight conjunction with another cryptocurrency exchange and cryptocurrency trading network -, a relatively popular platform that had been launched in the year when Chinese authorities placed a ban on ICO’s. acts as a contractor trading platform, the upgraded version of which will become an integral part of the ecosystem of through the formation of a long-term strategic partnership.   

As of writing, occupies the 35th position on CoinMarketCap by the reported trading volume while is placed slightly higher at the 29th spot. The former has a more substantial monthly trading volume that accounts for $23.5 billion while the latter boasts a bigger daily trading volume of $544 million, compared to BW’s $442 million. According to some stats, this exchange is especially popular among Japanese traders which migrate to foreign platforms due to the toughening of crypto regulation in their home country. currently supports 51 cryptocurrencies and offers 117 trading pairs but, unfortunately, it doesn’t support any fiat currencies. The design of the Trading View is void of any unusual features, so it should be understandable even for a newly registered user. The list of trading indicators is quite extensive, which facilitates the carrying out of a more profound technical analysis.

The platform also features BWB, the native token compliant with the ERC-20 standard. BWB has an extensive scope of application as it grants holders the right to acquire dividends, carry out the election supervision, participate in revenue distribution and decision making, and, of course, use it as a trading vehicle. imposes a flat fee of 0.1% for makers and takers in both spot and margin trading, which is definitely below the industry average of 0.2%. The withdrawal fee, however, aligns with that on most trading platforms and constitutes 0.001 BTC for Bitcoin withdrawals. The exchange also runs a Market Maker program which admits users who contribute to the platform’s overall liquidity. The participants in this program are relieved from trading fees.

Benefits of

  • Even a nascent trader will not find any issues with navigating and trading on
  • Very reasonable trading fees, especially in comparison to other Top 50 platforms.
  • The BWB token has many areas of application, apart from being a trading instrument and a vital element of a payment ecosystem.
  • runs several attractive schemes (the Market Maker program, revenue distribution, etc.) which work in favor of contributors and BWB holders.
  • The exchange has recently introduced the Over-the-Counter (OTC) trading that should draw institutional investors.
  • also has its Token Launchpad which has already hosted several successful IEO’s. 

Author: Alex Paulson for volume change chart — 7 days volume change chart — 30 days ( volume change (24h) volume change 24 hours -3.57%

Top 10 Crypto Exchanges

Exchange Volume change, 24h
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2 2.65%
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4 CITEX 11.02%
5 TAGZ Exchange 11.50%
6 Bidesk 14.76%
7 IDCM -11.63%
8 Bitribe 17.13%
9 Binance.KR 33.14%
10 Chiliz 16.90%

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