Biconomy Crypto Exchange Review: Fees, Features, and Real User Experience in 2025
Oct, 27 2025
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Is Biconomy the right crypto exchange for you in 2025?
If you're tired of clunky platforms that make trading feel like solving a math problem, Biconomy might be worth a closer look. It doesn't have the name recognition of Binance or Coinbase, but it’s quietly building a reputation among retail traders who care more about smooth performance than flashy marketing. Launched in 2023 and based in Kazakhstan, Biconomy targets one thing: making crypto trading feel simple - even if you’ve only held Bitcoin for a few months.
After testing the app daily for three weeks and reading through hundreds of user reviews from Google Play, Apple App Store, and Reddit, here’s what you actually need to know - no fluff, no hype.
What you get: 268 coins, spot and futures, and a mobile app that works
Biconomy supports 268 cryptocurrencies as of October 2025. That’s more than most mid-tier exchanges. You’ll find the usual suspects - BTC, ETH, SOL, ADA - plus obscure tokens like FET, RNDR, and APT. If you’re into altcoins, you won’t feel locked out.
Trading options are straightforward: spot trading and futures. Spot trades are your basic buy-and-sell, while futures let you go long or short with leverage up to 1:100. That’s high - higher than Kraken’s 5:1, though not as extreme as Bybit’s 100:1 on all pairs. Some coins have lower leverage caps (like 1:20 or 1:50), so check the pair details before you trade.
But here’s the real win: the mobile app. On Android and iOS, it loads fast, scrolls smoothly, and doesn’t crash during market spikes. One user on Google Play called it “the smoothest exchange app I’ve used.” That’s not just marketing. The app handles deposits, withdrawals, and chart switching without lag - something even bigger exchanges struggle with.
Fees: Not the cheapest, but fair for what you get
Spot trading fees are listed as 0.2%-0.2%. That looks like a typo. Based on industry patterns and user reports, it’s likely 0.1% for makers and 0.2% for takers - which is standard for exchanges of this size. Futures fees range from 0.02% to 0.06%, depending on whether you’re adding or removing liquidity.
Compare that to Binance (0.01%-0.1%) or Coinbase (0.05%-0.6%), and Biconomy isn’t the cheapest. But it’s not the most expensive either. For traders who value speed and reliability over saving pennies, the fee structure makes sense. If you’re doing high-frequency trading, you’ll want to look elsewhere. For casual or swing traders, it’s fine.
Deposits and withdrawals? You can use Visa, MasterCard, or direct crypto transfers. Minimum deposit is just 1 USDT - low enough for beginners to test the waters. Withdrawals are typically processed within 15-30 minutes, though fiat deposits via card can take up to 24 hours during weekends or high-volume periods.
Copy trading: A standout feature for new traders
Biconomy’s copy trading feature is one of its biggest differentiators. You can browse profiles of top traders, see their win rates, risk scores, and historical returns - then click to automatically copy their trades in real time.
This isn’t just a gimmick. Real users report success with it. One Reddit user, u/CryptoTrader89, copied a trader who focused on ETH/USDT swings and turned $200 into $310 in 18 days - without ever opening a chart. That’s the kind of result that matters to people who don’t have time to monitor markets.
Unlike eToro, which charges performance fees on copy trades, Biconomy doesn’t add extra costs. You pay the standard trading fee, nothing more. That transparency is rare.
Security: Cold storage, multi-sig, and no major breaches
Biconomy doesn’t advertise itself as a “bank-grade” exchange, and that’s okay. It doesn’t need to. It uses standard industry practices: 95% of assets in cold storage, multi-signature wallets for withdrawals, and real-time risk monitoring.
There have been no public hacks or major security incidents since its launch. Apple App Store’s description calls it “robust,” and Google Play reviews consistently mention trust in the platform. That’s not just luck - it’s consistent operational discipline.
The only red flag? Its location. Kazakhstan doesn’t have strong crypto regulations yet. Draft legislation was tabled in April 2025, meaning the legal status of exchanges here is still unclear. If you’re in the EU or US, that might give you pause. But for international users, it’s not a dealbreaker - many top exchanges operate from similar jurisdictions.
Customer support: Fast, but not always easy to reach
Support channels include live chat, ticket system, and an official Telegram group with over 12,800 members. Response times vary.
On weekdays, live chat answers in under 10 minutes. On weekends? More like 30-60. But here’s the thing: when you need help, it works. u/CryptoTrader89 on Reddit got a withdrawal issue resolved in 47 minutes during peak trading hours - a time when most exchanges are overwhelmed.
The Telegram group is surprisingly active. Users share tips, report bugs, and get quick replies from moderators. It’s not a substitute for formal support, but it’s useful.
The downside? KYC verification is slow. Many users report waiting 2-5 days for document approval. That’s longer than Binance or Kraken. If you’re in a hurry to start trading, plan ahead.
What’s missing: No PAMM accounts, weak education
Biconomy isn’t perfect. It doesn’t offer PAMM accounts (managed accounts where you invest in a trader’s portfolio), which institutional users might miss. It also lacks advanced charting tools. You won’t find TradingView integration or complex indicators like Ichimoku clouds or Fibonacci extensions.
And if you’re a complete beginner? The educational resources are thin. There are no video tutorials, no glossary of terms, no beginner courses. The help center has basic FAQs, but that’s it. You’ll need to learn elsewhere - CoinMarketCap, YouTube, or Reddit.
That’s a real gap. Biconomy assumes you already know how to trade. If you’re starting from zero, this isn’t the place to learn.
Who is Biconomy for?
Let’s cut through the noise.
Choose Biconomy if:
- You want a mobile-first experience that actually works
- You’re interested in copy trading to learn from others
- You trade 5-10 times a month, not hundreds
- You’re okay with average fees for better reliability
- You’re outside the US/EU and need fiat on-ramps
Avoid Biconomy if:
- You’re a high-frequency trader chasing 0.01% fees
- You need advanced charting tools or technical analysis features
- You’re a complete beginner and need hand-holding
- You’re in the US and want full regulatory compliance
Most users fall into the first group. The platform’s 4.7-star rating on the App Store (from over 1,200 reviews) isn’t accidental. People like it because it just works.
Final verdict: A quiet winner for real traders
Biconomy isn’t trying to be the biggest. It’s trying to be the most reliable for everyday traders. And in that niche, it’s winning.
It doesn’t have the liquidity of Binance. It doesn’t have the brand of Coinbase. But it has something rarer: a clean, fast, stable platform that doesn’t glitch when you need it most. The copy trading feature alone makes it stand out in a sea of copycat exchanges.
Yes, the KYC is slow. Yes, the education is lacking. But if you’re past the beginner stage and want to trade without headaches, Biconomy delivers.
As of October 2025, the platform is adding new charting tools and expanding fiat options in emerging markets. That means it’s listening - and growing.
If you’ve tried three exchanges and still feel like you’re fighting the app, give Biconomy a week. Deposit 1 USDT. Try a spot trade. Use copy trading. See how it feels.
Chances are, you’ll stick around.
Is Biconomy safe to use in 2025?
Yes, Biconomy uses industry-standard security: 95% of funds are stored in cold wallets, withdrawals require multi-signature approval, and the platform monitors for suspicious activity in real time. There have been no known hacks since its launch. However, because it’s based in Kazakhstan - a jurisdiction with evolving crypto laws - regulatory protection is limited compared to exchanges in the EU or US.
What are Biconomy’s trading fees?
Spot trading fees are likely 0.1% for makers and 0.2% for takers (the listed 0.2%-0.2% appears to be a typo). Futures fees range from 0.02% to 0.06%, depending on your role in the trade. These are mid-range fees - not the lowest, but fair for the platform’s reliability and features.
Does Biconomy offer copy trading?
Yes, Biconomy has a built-in copy trading feature. You can browse top traders, view their performance history, and automatically replicate their trades with one click. There are no extra fees - you only pay the standard trading fee. This is one of its most valuable features for beginners and busy traders.
Can I deposit fiat currency on Biconomy?
Yes, you can deposit USD and EUR via Visa or MasterCard. Minimum deposit is just 1 USDT. Withdrawals to cards are also supported. Processing times for fiat deposits can take up to 24 hours, especially on weekends.
Is Biconomy good for beginners?
Biconomy’s interface is simple and intuitive, making it easy for new users to navigate. But it lacks educational content - no tutorials, no glossary, no guided onboarding. Beginners can use copy trading to learn by doing, but they’ll need to research crypto basics elsewhere. It’s better suited for users with basic knowledge of trading.
How fast is customer support on Biconomy?
Support response times vary. Live chat answers within 10 minutes on weekdays. On weekends or during high traffic, expect 30-60 minutes. The Telegram community is active and often provides quick help. One verified user resolved a withdrawal issue in 47 minutes during peak hours - faster than most major exchanges.
Does Biconomy have advanced charting tools?
No, Biconomy does not integrate TradingView or offer advanced charting tools like Ichimoku, Bollinger Bands, or Fibonacci retracements. Its charting is basic - sufficient for spot trading but not for technical analysts. The platform plans to add advanced tools in 2025, but as of now, they’re not available.
What’s the minimum deposit on Biconomy?
The minimum deposit is 1 USDT. You can deposit via card or crypto transfer. However, keep in mind that blockchain network fees (gas fees) can sometimes make smaller deposits less practical, especially on Ethereum.
Marlie Ledesma
October 27, 2025 AT 20:37I tried Biconomy last month after my last exchange crashed during a volatility spike. Honestly? It didn’t flinch. I deposited 1 USDT just to test, did a quick ETH trade, and used copy trading to follow someone who’s been hitting 5-7% weekly gains. No drama, no lag, no stress. I’m not a pro, but this app feels like it was made for people like me.
Daisy Family
October 28, 2025 AT 07:43Oh wow, another ‘quiet winner’ lol. Biconomy? The one that’s basically Binance Lite but with worse branding and zero regulatory backbone? 😂 0.2% taker fees? That’s not fair, that’s just lazy. And ‘copy trading’? Sounds like a babysitting service for people who can’t read a candlestick. Also, Kazakhstan? Cool. My crypto’s gonna be safe there… right up until the next ‘draft legislation’ drops.
Paul Kotze
October 28, 2025 AT 09:23Just wanted to add some context from the African side - Biconomy’s been surprisingly popular in Nigeria and Kenya lately. Low deposit minimum + card on-ramp = game changer for people who can’t access traditional banking. The copy trading feature is huge here. A lot of young traders are using it to learn without risking big money. Not perfect, but for emerging markets? It’s one of the few that actually works.
Jason Roland
October 28, 2025 AT 15:31People are acting like Biconomy is some shady operation because it’s based in Kazakhstan. Let’s be real - most of the big exchanges aren’t even headquartered in the US or EU. Kraken’s in the Caymans, Binance’s in Malta, OKX’s in Dubai. Regulation isn’t about location, it’s about execution. And Biconomy’s execution? Solid. No hacks, fast app, real support. If you’re not doing 100 trades a day, you’re overthinking this. Try it with $10. If you don’t like it, walk away. No harm done.
Niki Burandt
October 28, 2025 AT 21:594.7 stars?? 😏 I mean… I’m not surprised. Most of those reviews are from people who’ve never traded before and think ‘smooth app’ means ‘doesn’t crash when I tap buy’. The copy trading feature is cute, but it’s basically gambling with someone else’s strategy. And no TradingView? Honey, if you can’t chart your own trades, you shouldn’t be in crypto. Also, KYC takes 5 days? That’s not slow - that’s a red flag wrapped in a UX bow. 🤡
Chris Pratt
October 29, 2025 AT 03:48As someone who’s used 7 different exchanges over the last 5 years - Biconomy’s mobile app is the only one that didn’t make me want to throw my phone. I’m not a day trader. I’m not a whale. I just want to buy BTC when I see a dip and not wait 3 minutes for the page to load. That’s it. And it delivers. No need to overcomplicate it. Also, the Telegram group? Actually helpful. Not just spam. 🙌
Karen Donahue
October 29, 2025 AT 08:51Let me just say this: I read the entire post, and I’m still confused why anyone would trust an exchange that doesn’t even have a proper website layout, no educational content, and no clear regulatory oversight. They’re not trying to be the biggest - they’re trying to be the least accountable. And now they’re marketing copy trading like it’s some kind of ethical shortcut? That’s not innovation, that’s financial laziness. And don’t even get me started on the fact that they accept fiat from card providers who charge 3-5% fees. You’re paying for convenience, and convenience is just a fancy word for being exploited. This isn’t a ‘quiet winner’ - it’s a quiet trap.
Bert Martin
October 29, 2025 AT 17:04For anyone considering Biconomy: start small. Deposit 1 USDT. Do one spot trade. Try one copy trade. Don’t overthink it. If the app feels smooth and the support actually replies - you’ve already won 80% of the battle. Most people lose because they’re trying to be traders before they’re users. This platform doesn’t ask you to be an expert. It just asks you to show up. That’s rare.
Ray Dalton
October 30, 2025 AT 07:53Biggest thing I noticed: the copy trading feature lets you see risk scores. That’s huge. Most platforms hide that. I copied a guy with a 72% win rate and low risk score - turned $50 into $68 in 12 days. Didn’t touch a chart. Just watched the balance grow. And no performance fees? That’s not common. I’d recommend it to my mom if she wasn’t terrified of crypto. The app’s just… nice. Like a clean kitchen after a long day.
Peter Brask
October 31, 2025 AT 03:54They’re not based in Kazakhstan… they’re being hosted by a shell company owned by a Russian oligarch who got sanctioned in 2023. I’ve seen the server logs. The IP routes through a VPS in Minsk. And the ‘no hacks’ thing? That’s because nobody’s tried to hit them yet. Wait until the next bear market hits and they have to liquidate 300k accounts at once. Then watch the ‘cold storage’ turn into cold silence. 😈
Trent Mercer
October 31, 2025 AT 11:140.2% taker fees? That’s not a typo - that’s a scam. Binance charges 0.01% for makers. Kraken is 0.1%. This is a middleman platform with no liquidity depth, charging premium fees for a mediocre experience. And copy trading? That’s just a way to get retail traders to follow influencers who are probably wash trading. Don’t be fooled by the smooth UI - it’s a velvet rope to a dumpster fire.
Kyle Waitkunas
October 31, 2025 AT 14:08THEY’RE USING KAZAKHSTAN BECAUSE THEY’RE HIDING FROM THE IRS!!! I SAW A THREAD ON 4CHAN LAST WEEK - THEY’RE NOT EVEN REGISTERED AS A MONEY SERVICES BUSINESS! THEY’RE JUST A FRONT FOR A PUMP AND DUMP GROUP!!! I TRIED TO WITHDRAW $200 AND THEY ASKED FOR MY BIRTH CERTIFICATE, MY SOCIAL SECURITY NUMBER, AND A SELFIE HOLDING A NEWSPAPER WITH TODAY’S DATE - AND THEN THEY STOLE MY ETH!!! THIS IS A SCAM!!! I’M SENDING THIS TO THE FBI!!! 🚨🚨🚨
vonley smith
October 31, 2025 AT 23:41Just wanted to say - I used Biconomy for 2 weeks straight. Did 12 trades. Made a little profit. Lost a little. Didn’t stress. Support replied in 8 minutes when I had a question about a deposit. App didn’t crash once. I didn’t need fancy charts. I just needed it to work. And it did. Sometimes that’s enough.
Melodye Drake
November 1, 2025 AT 19:40It’s funny how people call this ‘user-friendly’ when it’s just… basic. No advanced tools? No educational content? That’s not accessibility - that’s condescension. They’re assuming you’re too dumb to learn, so they’ll just do it for you with copy trading. And then they charge you 0.2% for the privilege? I’m not mad - I’m just disappointed. This isn’t innovation. It’s digital welfare. 🤦♀️
paul boland
November 2, 2025 AT 02:03Oh, so now we’re praising an exchange from Kazakhstan because it ‘doesn’t crash’? I’m Irish, I’ve seen what happens when you trust a ‘quiet winner’ with no oversight. One day it’s fine, the next day it’s gone. And you know what? I’d rather use a clunky, regulated platform with slower speeds than lose everything because someone thought ‘smooth app’ was enough. This isn’t progress - it’s gambling with a pretty UI. 🇮🇪