B2BX Broker Review

April 29, 2019

A Brief Overview

A year ago, B2Broker announced it would be launching B2BX. For the first time, there was to be a crypto exchange for institutional investors. The exchange would serve the hedge funds, professionals and brokerages. B2BX has been ushering in a new dawn in the world of cryptos. The broker is regulated by FCA, CySec, and ASIC making it one of the credible exchanges in the crypto space.

Available Assets and Securities

The exchange offers a very wide variety of digital assets. Here are a few of the cryptos available on their platform.

Bitcoin
Ethereum
Litecoin
Bitcoin cash
Dash
USDT
OMG
B2BX

All the coins are paired with USDT, BTC or ETH.

Fees

B2BX has different fees for makers and takers. For the takers, they are charged a fee of 0.3%. On the other hand, the makers can get a discount of 0.1% and only have to pay a fee of 0.2%.

Withdrawal charges for bitcoin are at 0.0005BTC which is way below the industry’s average of 0.0008BTC.

Deposits are only available in crypto, and you may need an entry-level exchange to start your journey.

Customer Support

You can obtain support through various avenues as listed below:

Submit a ticket directly from their website
A comprehensive FAQ can also help in answering fundamental questions about the exchange
You can also reach them on their Twitter handle
Alternatively, you can reach them on their facebook page

Pros and cons

Pros

Aggregates cryptocurrency liquidity
Proper security measures are in place
Charting is available on tradingview

Cons

Deposits take up to 48 hours

Verdict

B2BX is a liquidity aggregator that seeks to provide the perfect product for the institutional clients. For individual traders, that will not make much difference for you. But the fact that it is regulated makes it a great choice.