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Table Of Contents
Launched in 2018, Biconomy is a company striving to bring simplicity to DeFi. This means creating offerings for exchanges to streamline onboarding services, as while as transaction management.
Through a suite of SDK/APIs, Biconomy notes that it is able to offer the following capabilities to companies using its services.
- Onboard without paying gas through gasless transactions
- Pay gas in their favourite ERC20 token or your dApp token
- Avoid blockchain complexities such as changing network
- Enjoy lightning-fast confirmed transactions
These capabilities offered through the use of Biconomy's SDK/API suite are made possible by ‘meta transactions'. A process that allows for fees to be delegated to a third party – meaning that wallets empty of Ether can still interact with a blockchain.
BICO tokens function as governance tokens for the Biconomy blockchain. Not only can holders take part in decisions involving the network, these tokens can be staked, contributed to liquidity pools, and more.
Biconomy is notably backed by various heavy hitters within the digital asset sector. These include but are not limited to,
- Coinbase Ventures
- Huobi Ventures
- Binance Launchpad
Biconomy CEO Ahmed Al-Balaghi, once stated, “Users will eventually not care what chains they are on, and cross chain mechanics will all be under the hood at the Dapp level where we will be a core part.”
To learn more visit our Investing in Biconomy (BICO) guide.
How to buy Biconomy (BICO) in 4 Steps
The whole process can take as little as 10 minutes, and all you'll need is a smartphone or computer, photo identification, and a means of payment.
- Compare Crypto Exchanges – We list the top cryptocurrency exchanges that offer the ability to buy Biconomy (BICO).
- Create an account – Verify your email address and identity.
- Make a deposit – Debit Card, Credit Card, Wire Transfer, or Bitcoin.
- Buy Biconomy – Use your funds to Buy BICO.
6 Best Exchanges to Buy Biconomy (BICO)
A top exchange in the United States & UK, Uphold is an experienced and extremely innovative trading platform that should be able to meet your needs for trading across a number of cryptocurrencies including Biconomy (BICO). Beyond the ease of use and innovative features within the trading platform, what stands out about Uphold is the credibility it has gained in the industry.
Uphold offers both a desktop and mobile app trading experience that is extremely intuitive. The trading view is completely customizable with the assets that you trade the most and is very easy to navigate while providing a modern feel on both desktop and mobile. It is a very popular and suitable choice, particularly for new traders.
Besides being visibly appealing, the Uphold trading platform allows you to place your trades with great ease. Just a couple of clicks, and you can make trades directly from your deposit method without even having to wait for funds to clear to your account. This one-step ordering is another innovation from a company that prides itself on the usability of its platform. Uphold also provides the ability to execute limit orders.
Germany & Netherlands residents are prohibited.
Uphold Disclaimer: Terms Apply. Cryptoassets are highly volatile. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong..
Founded in 2011, Kraken is one of the most trusted names in the cryptocurrency industry with over 9,000,000 users and over $207 billion in quarterly trading volume.
From humble beginnings, Kraken now offers over 200 digital assets including Biconomy (BICO). For more sophisticated investors Kraken also offers futures and margin trading.
Kraken has continued to evolve its platform, and its commitment to the industry by being one of the first exchanges to offer buying opportunities on new tokens.
Kraken offers trading access to over 190 countries including Australia, Canada, Europe, and is our most recommended exchange for USA residents. (Excluding New York & Washington state)
KuCoin is a well-known name in the industry, and one of the most competitive when it comes to fees and trading costs. The exchange has grown exponentially from its early days of offering only crypto to crypto trading. It now offers a varied range of services including a P2P exchange capability, and purchasing with credit or debit cards.
KuCoin currently offers Biconomy (BICO) cryptocurrency trading as well as over 300 other popular tokens. It is often the first to offer buying opportunities for new tokens.
USA residents are prohibited.
Binance is one of the largest and most well-known cryptocurrency exchanges in the world. The benefits of purchasing Biconomy (BICO) here are both lower fees than competing exchanges, and increased liquidity enabling you to buy and sell quickly to take advantage of market-moving news.
This exchange is best for investors residing in Australia, Singapore, UK & internationally. Canadian & USA residents are prohibited.
Use Discount Code: EE59L0QP for 10% cashback on all trading fees.
5. Huobi Global
Established in 2013, Huobi Global has since become one of the world’s largest digital asset exchanges, with an accumulated trading volume of US $1 trillion. Having once accounted for half of the world’s digital asset transactions, Huobi now serves more than 5 million users in over 130 countries around the globe. It should be noted that Huobi Global currently does not accept USA or Canadian residents.
Huobi Global is one of the top exchanges that currently offer Biconomy (BICO) trading opportunities.
Launched in 2018, WazirX is India’s biggest cryptocurrency exchange with over 6,o00,000 users, and is expanding rapidly. It is one of the most reputable exchanges to currently offer Biconomy (BICO) trading opportunities and currently accepts clients from all over the world. This exchange is part of the Binance Group, which ensures a high standard of quality.
USA residents are prohibited.
Daniel is a big proponent of how blockchain will eventually disrupt big finance. He breathes technology and lives to try new gadgets.
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