Biconomy Exchange Review: Is It Safe To Use in 2025?

A New Face in the Crypto Market

The crypto exchange market is crowded, with hundreds of platforms competing for attention. Yet, every year, a few players in the industry attempt to stand out by promising simpler interfaces, faster transactions, and better user experiences. One of those players is Biconomy, a trading platform launched in 2019 and gaining traction among retail traders and crypto enthusiasts in 2025.

Biconomy presents itself as a user-first exchange aiming to simplify digital asset trading for everyone, from curious beginners buying their first tokens to experienced traders seeking a crypto exchange with lowest fees.

Its modern layout, growing list of supported cryptocurrencies, and emphasis on security have started drawing attention in an increasingly cautious market. But is it safe enough to trust with your funds? Can a platform like Biconomy really compete with giants such as Binance or Coinbase?

This guide will explore what Biconomy offers, assess its safety protocols, discuss its trading features, and help you decide if it deserves a place in your crypto toolkit in 2025.

Evaluating the Safety of Biconomy Exchange

Security Protocols

When evaluating an exchange’s safety, its core security systems matter most. Biconomy claims to use cold storage for the majority of user assets and supports two-factor authentication (2FA). According to publicly visible summaries, the exchange uses standard protection practices, but no full independent audit report is publicly confirmed. For example, one site lists Biconomy with a security grade of ‘BBB’ (approximately 79%) based on available data.

That score is acceptable but falls short of industry-leading standards. Best-in-class exchanges will publish penetration test reports, proof of reserves, and independent audits. Biconomy has some of those signals, but not in full depth. That means you should treat its security as functional but not bulletproof.

The exchange also claims to employ real-time monitoring systems to detect unusual activity, along with IP whitelisting and encrypted communication channels for sensitive data transfers. These features suggest a proactive security stance, though, again, without independent confirmation, users must rely on trust rather than verifiable proof. The presence of multi-signature authorization for withdrawals, if consistently enforced, adds an extra layer of protection against insider threats or compromised accounts.

Still, without transparent penetration test results or verifiable proof of reserves, users are left with partial assurance. In short, Biconomy’s security setup appears structurally sound for day-to-day use but lacks the external validation that separates a cautious platform from a truly battle-tested one.

Team and Transparency

When evaluating trust in a new platform, knowing who is running it matters as much as the features they offer. With Biconomy, publicly available information about the leadership beyond the founder is limited. The exchange cites a founding date and headquarters but provides few verifiable details about individual executives, board members, or past track records. Lack of such disclosures means that while you may gain access to the platform quickly, you are doing so without the level of visibility you would find at more established, regulated exchanges.

Transparency also extends to how an exchange handles listings, operational governance, and changes in policy. Biconomy does publish announcements such as delisting tokens that violate its terms, which is a positive sign. For example, the exchange issued a notice in early 2025 regarding the immediate removal of a trading pair; the published reason cited policy violations rather than detailed public disclosure of fraudulent activity.

But beyond those alerts, the depth of audit reports, public proof of reserves, and disclosure of team credentials remain limited. Traders should treat this as a caution flag; Biconomy is improving transparency but hasn’t yet reached the visibility of top-tier exchanges.

Regulatory Status

Regulation is a major trust level when evaluating any exchange. In the case of Biconomy, the regulatory picture remains unclear. The company claims U.S. MSB and Canadian registration, but independent verification via official regulator-registries remains pending.

This does not automatically mean the platform is unsafe, but it does raise a higher level of risk for users who prize account protections, regulated custody, and deposit insurance. Biconomy has KYC procedures and claims standard security protocols, yet the absence of an investor protection fund or a clearly disclosed regulatory licence means users must proceed with caution.

Given the current regulatory uncertainties, users should approach Biconomy with a measured risk strategy: avoid leaving large holdings untouched for long periods, consider spreading assets across platforms like a trusted crypto bank, and monitor for any changes in licensing or regulatory status.

Until Biconomy publishes transparent regulatory credentials or submits to independent audits, the regulatory facet remains a weak point in its overall safety profile.

Trading on the Biconomy Platform

Asset Selection

Trending cryptocurrencies on Biconomy, led by BTC/USDT and popular altcoins (Source: CoinMarketCap)

Biconomy offers a surprisingly broad range of digital assets. It currently lists over 700 cryptocurrencies and approximately 759 trading pairs, making it comparable to platforms that let you buy crypto online. This range appeals to traders seeking early-stage projects or trending altcoins without shifting between multiple platforms.

However, variety can also come with volatility. Many of the lesser-known coins listed on Biconomy have lower liquidity and higher price swings, which means trade execution might not always be as smooth as it looks on paper.

The platform seems eager to compete with larger exchanges through quantity rather than selective quality control, so traders should double-check project legitimacy before diving in. Biconomy’s asset library is impressive in scale, but anyone venturing beyond the top-tier tokens should do so with a clear risk strategy and an exit plan.

It’s worth noting that the platform frequently updates its listings, adding emerging projects while delisting inactive or non-compliant tokens. This dynamic approach keeps its catalog current but also requires users to stay alert to listing changes that might affect portfolio holdings. Active traders will appreciate the exposure to new markets, while conservative investors might prefer sticking to high-liquidity assets until Biconomy’s vetting process becomes more transparent.

User Interface (UI)

Biconomy’s interface presents a clean, minimal layout designed for easy navigation. The layout focuses on simplicity: large buttons, intuitive navigation, and a clear trading view that doesn’t overwhelm beginners. Whether on desktop or mobile, users can access key functions like trading, deposits, and withdrawals within a few taps, similar to how you’d manage funds through a crypto wallet for quick access.

Seasoned traders won’t find an advanced charting setup on par with industry giants yet, but the platform compensates with stability and speed. Order execution appears quick, and performance across devices remains consistent even during periods of higher traffic. It’s obvious that Biconomy’s design philosophy prioritizes accessibility and ease of use rather than flashy analytics or visual overload. This approach effectively positions Biconomy as a beginner-friendly option within the retail trading space.

Trading Features

Biconomy’s trading engine focuses on accessibility first, offering a streamlined spot trading experience that fits both beginners and casual traders. The order book is easy to read, market and limit orders are clearly defined, and trades execute without unnecessary delays. Users can track real-time price movements and manage open positions through a simple dashboard that avoids the clutter seen on more advanced exchanges. It’s built for people who want a quick, smooth trading experience without juggling complicated settings.

At present, Biconomy offers spot and futures trading, though staking and other advanced tools may remain under development. This limited feature set might deter high-volume traders seeking advanced tools, but it benefits new users who prefer simplicity and lower risk exposure. The exchange also includes a referral program and periodic promotions to attract more users, suggesting its focus is on growth and community engagement.

Recent updates indicate that Biconomy is experimenting with expanded order types and basic automation options like stop-limit orders, aiming to bridge the gap between casual trading and semi-professional strategies. Although these features are still evolving, they show the exchange’s intent to offer more flexible tools without sacrificing usability. If future iterations include risk management tools and detailed analytics, Biconomy could evolve from a beginner-friendly option into a well-rounded trading environment.

Fees and Customer Support

Fee Structure

Biconomy follows a competitive fee model that will likely appeal to active traders. Its spot fees typically start around 0.2% for makers and takers, while futures fees can be as low as 0.02% (maker)/0.06% (taker) in certain tiers, which is consistent with how maker–taker fee models work across exchanges. Users who hold the platform’s native token or meet certain trading volume thresholds may qualify for discounted fees. For beginners, the transparent pricing and absence of hidden costs make it easier to estimate returns and manage costs.

Deposits on Biconomy are typically free, though the withdrawal fees vary depending on the specific cryptocurrency or your chosen fiat to crypto on ramp. Bitcoin withdrawals, for instance, come with a small fixed network fee, while smaller tokens may fluctuate depending on blockchain congestion. The platform also supports multiple payment methods, including bank transfers and crypto deposits, but fiat options may still be limited depending on the region.

Overall, Biconomy’s fee structure appears transparent and competitively aligned with other emerging exchanges.

Customer Support

Customer support is a critical factor for new exchanges, and Biconomy appears to prioritise it. Live chat responses are typically fast; email support quality appears more variable and may not always meet a 24-hour turnaround. The support team appears polite and straightforward in communication, focusing on resolving issues efficiently rather than flooding users with automated replies.

Biconomy also maintains a growing knowledge base that covers common topics like account setup, deposits, and troubleshooting withdrawal errors. However, as a young platform, it still lacks the depth of documentation offered by older, more established exchanges.

Users might occasionally encounter delayed responses during high-traffic periods, but for a developing exchange, the overall support structure is promising. It’s a positive sign that Biconomy invests in direct, accessible customer care instead of hiding behind bots or unresponsive ticket systems.

Conclusion: An Unproven but Interesting Newcomer

This Biconomy exchange review shows that the platform has gained visibility in the crowded crypto exchange market, though it still faces a long road to earning broad trust. Its strengths lie in a straightforward design, accessible trading tools, and fair fee tiers; similar to what users find in platforms that feature live crypto prices. The exchange now supports spot and futures trading, continues expanding its asset list, and claims registration as a U.S. and Canadian MSB.

While its transparency and regulatory clarity remain works in progress, the platform’s consistent uptime and competitive structure make it a developing contender rather than a complete unknown. Long-term credibility will depend on whether Biconomy strengthens public audits and regulatory proof. Users who value usability over exhaustive institutional backing may find it worth exploring, provided they maintain strict personal risk management and avoid overexposure.

For cautious traders, Biconomy offers a functional, beginner-friendly environment with room to grow, but it hasn’t yet earned the ironclad confidence associated with top-tier exchanges. Its future depends on whether it can mature from “promising” to “proven.”

That’s where tools like Digitap come into play. Digitap’s compliance and risk management solutions can help exchanges like Biconomy improve user verification, data protection, and transaction monitoring without compromising speed or accessibility.

FAQs

Is Biconomy a regulated exchange?

The company claims registration as a U.S. MSB and Canadian MSB, but public-registry verification of these licences is not readily accessible.

Who is the team behind Biconomy?

Public records show the platform was founded in 2019 and is incorporated in the British Virgin Islands; public disclosure of the broader executive team is limited.

Is Biconomy safe for beginners?

The platform’s interface is accessible, but the relative lack of transparent regulatory verification and varying customer-support experiences mean beginners should proceed with caution.

How many coins are listed on Biconomy?

Data-aggregators currently list over 700 coins and approximately 759 trading pairs.