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Bibox is a cryptocurrency exchange based in China. Since being launched at the end of 2017, it has become one of the top 10 exchanges in the world, surpassing an impressive daily trade volumes of over $1 billion.
The exchange has been successful due to its ease of use, advanced analysis/trading options and its sheer number of trading pairs (200+). Bibox also features its own token which allows traders to save 50% on all its trading fee (currently set at 0.1%) which keeps traders on the platform.
There have been reports that the platform was built by former high-level employees from other exchanges such as Binance, Huobi and OkCoin which may explain why the exchange successfully integrates some of the best trading features from these exchanges.
Bibox dividend bonus was introduced on April 2018. In order to qualify for dividends payments you need to simply purchase Bibox tokens, hold & lock at least 500 of them on the exchange and then every week on Friday at 6PM (UTC+8) you will receive a 30-45% share of the net trading profits for that week.
The bonus is paid out every Friday, but be aware, the Bibox tokens need to be held & locked on the exchange (500 minimum). Previously the bonus was only paid out if you executed at least one trade during that week, but this has been changed which is a welcomed update for those investors looking for passive income.
A few reasons why Bibox (BIX) could be the right investment for you?
Use our free and easy dividends calculators to explore which cryptocurrency will provide you with the best return on investment.
Welcome to Best Cryptocurrency Dividends, we intend to become the one stop shop for all crypto investments. Our objective is simple, we want to provide you with easy to understand and simple tools which allow you to know what investment is right for you. Whether its a fee share token, masternode payout or bonus, we want to share this with you.
We currently feature dividend calculators for KuCoin (Kucoin), Bibox (Bibox) and Coss (COSS), BitMax (BTMX), NEO, Ontology (ONT) but we plan to extend this in the future, based on the comments of our users.