Comparison of Primexbt vs Bigone [ 2024 ]

The crypto exchanges compared by their commissions, cryptos, security and much more. Here is the Primexbt vs Bigone comparison!

Your expert: Alejandro Borja

primeXBT

Primexbt

Your expert: Xavier Tarrasó

bigone

Bigone

Main points

Fees

≤0,05%

Earns

No

Customer service

3/5
0.20%

Fees

Yes

Earns

3/5

Customer service


Recommended for

Beginners

No

Trading

Yes

Passive income

No

Buy and hold

Yes
No

Beginners

Yes

Trading

Yes

Passive income

Yes

Buy and hold


Comparison of fees

Rating

4.1 – Competitive fees with a focus on leveraged trading.
3.9 – Competitive fees with additional costs for advanced features.

Level

≤0,05%
0.20%

Brief explanation

PrimeXBT structures its commission system to be competitive and transparent, offering traders a clear understanding of the costs associated with their trading activities. The platform primarily charges a flat rate on trades, avoiding the complexity of tiered fee structures seen in some other exchanges. This flat rate is relatively low compared to industry standards, making it an attractive option for both high-volume and casual traders. The trading fees on PrimeXBT vary slightly depending on the market and asset class but are generally around 0.05% per trade for most cryptocurrencies. This is significantly lower than the average fees on other major platforms, which can range up to 0.25%. Additionally, PrimeXBT offers further discounts on trading fees for holders of its native token, reducing costs even more for frequent traders. This straightforward and low-cost fee structure is especially beneficial in a market where margins can be tight and efficiency is key. PrimeXBT’s emphasis on low fees helps maximize traders’ potential profits by minimizing the overhead on each transaction.
As an expert on our website, I highly recommend BigONE for cryptocurrency trading. This Singapore-based exchange offers a robust platform for trading a wide range of digital assets, including over 140 premium tokens. BigONE stands out with its strong security measures, including Two-Factor Authentication (2FA) and the use of cold wallets for 98% of user funds, making it a reliable choice for both novice and experienced traders. The user-friendly interface, combined with competitive fees of 0.20% for both makers and takers, further enhances its appeal. However, the prolonged verification process and the lack of support for fiat deposits are areas that could be improved​.

Primexbt

Bigone

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Account Minimum

Get started with just $100.

And 1% fee on all cryptocurrency trades.

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Direct link to the website

Product selection

Native token

No
No

Earns

No
Yes

NFT marketplace

No
Yes

Cripto/debit card

No
Yes

Company information

Full name

PrimeXBT Trading Services
BigONE Exchange

Regulation

Not regulated
Not regulated

Year founded

2018
2017

Founder

Unknown
Unknown

Payment methods

Transfers

No
No

Mastercard

Yes
Yes

Wire transfer

No
No

Card

Yes
Yes

Comparative table

Primexbt FEATURES Bigone
PrimeXBT allows users to engage in trades with relatively low minimum thresholds, making it accessible for traders with smaller budgets.
Minimum Trade
BigONE allows for relatively low minimum trades, making it accessible for beginners.
Fees are competitive and transparent, which is favorable for maintaining profitability in frequent trading activities.
Trading and Transaction Fees
The platform offers competitive fees, though its complex point system can be confusing.
Offers a broad range of cryptocurrencies, though not as extensive as the largest exchanges, it covers all major and several minor tokens.
Number of Cryptocurrencies
Offers a wide range of cryptocurrencies, catering to diverse trading preferences.
Provides a diverse array of trading pairs, allowing users to directly trade one cryptocurrency for another without converting to fiat.
Crypto-to-Crypto Trading Pairs
Extensive variety of trading pairs, although not the market leader.
The website provides clear information on fees, services, and trading options, contributing to high transparency.
Website Transparency
The website provides essential information but could improve in detailing fee structures.
PrimeXBT lacks an exchange card, which limits the flexibility for users to directly access their trading profits for everyday expenditures or to enjoy cardholder benefits.
Credit/Debit Card
Dont’ have crypto card
Excellent security measures for storage, including cold storage options for digital assets.
Storage Offering
Provides secure storage options with cold storage practices for the majority of funds.
Offers some staking options, but the rewards and variety are less competitive compared to specialized staking platforms.
Staking and Rewards
Offers staking options with competitive rewards, enhancing investment opportunities.
Both mobile and desktop platforms are highly user-friendly and offer full trading functionalities.
Mobile App and Desktop
Excellent mobile and desktop platforms that are user-friendly and highly functional.
Provides robust customer support with multiple channels and quick response times, though it can be improved with more direct phone support.
Customer Service
Customer service is available but lacks immediate real-time support like a call center.
Deposits and withdrawals are streamlined and efficient, though primarily limited to cryptocurrencies which might be a limitation for some users.
Deposit and Withdraw
Efficient deposit and withdrawal processes, but could be enhanced by accepting more fiat options.

Key features

Analysis tools

Advanced charting tools, technical analysis
Basic charting tools, some technical indicators

Mobile APP

No
Yes

Security

High 4,9/5
High 4/5

Additional features

Margin trading, futures trading, staking, PrimeXBT Covesting
Margin trading, futures trading, staking, BigONE token (ONE) rewards

Anonymity

Yes
Yes

Key points

Available cryptocurrencies

Primarily derivatives
100+

User-friendliness

PrimeXBT offers a user-friendly platform that is easy to navigate, making it suitable for beginners. The interface is designed to facilitate a smooth trading experience with all necessary features easily accessible.
BigONE features a user-friendly interface that is easy to navigate. Its design caters to beginners, making the process of buying, selling, and managing cryptocurrencies straightforward and efficient.

Value for money

Provides good value for money with competitive fees and advanced trading features, suitable for both retail and institutional traders.
Offers good value for money with low trading fees and a diverse range of cryptocurrencies, making it an affordable option for traders.

Countries of operation

Global, including United States, Canada, United Kingdom, Australia, Germany
United States, Canada, Australia, Singapore, United Kingdom

Best for

Ideal for experienced traders interested in advanced trading features and competitive fees.
Suitable for beginners and experienced traders seeking an affordable platform with low trading fees and a diverse range of cryptocurrencies.

Base currencies available

USD, BTC (for derivative trading)
BTC, ETH, USDT

Account

Trading

PrimeXBT focuses on leveraged trading, offering a unique feature for experienced traders. It has a good range of cryptocurrencies and competitive fees but can be risky and complex for beginners.
BigOne is known for its high liquidity and extensive range of tradable cryptocurrencies. The platform is secure and offers competitive fees. However, it lacks some advanced trading features found on other platforms.

Deposit and withdrawal

PrimeXBT supports cryptocurrency deposits and withdrawals, with no support for fiat currencies. Withdrawals are processed efficiently, with low fees.
BigOne supports various deposit methods including bank transfers and crypto. Withdrawals are processed efficiently, usually within a day. Fees are low, enhancing user convenience.

Account opening process

PrimeXBT offers a straightforward and user-friendly account registration process. Users need to submit personal information and verify their identity. The process is efficient and typically takes less than a day to complete.
BigOne offers an easy account registration process. Users must fill out personal information and verify their identity. The process is efficient and usually completed within a day, ensuring quick access to trading.

KYC required?

Yes
No

Customer Service

PrimeXBT offers customer support via email and live chat. The support team is responsive and helpful, but the lack of 24/7 support may be a limitation for some users.
BigOne provides support via email and live chat. While the support team is responsive and knowledgeable, the absence of phone support and limited support hours can be a drawback.

Security

PrimeXBT employs strong security features like 2FA and encryption. Despite its robust security measures, the platform is not regulated by top-tier financial authorities, which could be a concern for some investors.
BigOne uses advanced security features like 2FA and cold storage. Despite its strong security measures, the platform is not regulated by major financial authorities, which could be a concern for some investors.

Which of these exchanges is for you?

As a seasoned analyst at our platform, I’ve closely examined PrimeXBT and here’s my personal take: PrimeXBT stands out primarily for its user-friendly interface and the extensive range of trading tools it offers, making it ideal for traders looking for robust leverage options and a diverse asset portfolio. The platform’s commitment to security is commendable, with comprehensive measures in place to protect user assets and data. Whether you’re just starting out or you’re an experienced trader, PrimeXBT provides a solid foundation for your trading activities with competitive fees and a strong infrastructure. If you’re considering a reliable and versatile trading platform, PrimeXBT is definitely worth your consideration.
As an expert on our website, I recommend BigONE for traders who prioritize a variety of cryptocurrency options and robust security measures. The exchange offers an extensive selection of crypto-to-crypto trading pairs and maintains high liquidity, which is ideal for both new and experienced traders. However, potential users should note the lack of direct credit/debit card support and the complexity of its fee structure, which may require some initial adjustment. Overall, BigONE is a solid choice, especially if you value a secure and diverse trading environment.

How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

 

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).


For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.

Neither Threenvest, nor the author, are recommending you to invest with this article.

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