Biconomy Crypto Exchange Review 2025: Fees, Features & Security

Looking for a straight‑up take on Biconomy? This review breaks down the platform’s fees, trading tools, security set‑up and mobile experience, so you can decide if it fits your crypto journey.

What Biconomy Is and Who’s Behind It

Biconomy is a Kazakhstan‑based cryptocurrency exchange founded by Dmitriy Sheludko. It aims to blend a retail‑friendly UI with features that appeal to more seasoned traders. As of October 2025 the platform lists 268 digital assets and supports both spot and futures markets.

Core Trading Options

The exchange covers two main market types:

• Spot trading lets you buy or sell a crypto asset for immediate settlement.
• Futures trading offers leveraged contracts that settle at a future date.

Both markets share a single‑pane interface that guides users through order entry, making the experience feel less intimidating than on some larger exchanges.

Fee Structure - How Much Does It Cost?

Fee transparency is a key factor for most traders. Biconomy advertises a flat 0.2% taker fee on spot trades and a tiered 0.02%-0.06% maker‑taker spread on futures. Independent analysis by Traders Union suggests the spot fee range may actually be 0.1%-0.2%, but the published 0.2% figure is what you’ll see on your receipt.

To put that in perspective, Binance charges as low as 0.01% on high‑volume spot trades, while Coinbase sits between 0.05% and 0.6% depending on payment method. Biconomy’s rates sit in the middle of the pack-reasonable for a mid‑tier player but not the cheapest option available.

Leverage & Copy Trading - Power Moves for the Bold

Futures traders can tap up to 1:100 leverage on major pairs, though the exchange caps some alt‑coin contracts at 1:20 or 1:50 to manage risk. That range puts Biconomy ahead of Kraken (max 5:1) but behind Bybit’s 1:100 on every pair.

One standout feature is Copy trading, which lets novices mirror the positions of vetted top performers. The service is built into the mobile app and requires no extra API keys, making it the simplest copy‑trading entry point you’ll find on a mid‑size exchange.

Security Architecture - Keeping Funds Safe

Security‑savvy traders will appreciate the three‑layer approach:

• Multi‑signature wallets require multiple private keys to authorize withdrawals.
• Cold storage holds roughly 85% of user balances offline.
• Real‑time risk monitoring flags suspicious activity and throttles large withdrawals.

These measures align with industry best practices and have been noted in Apple’s App Store description as of September 2024.

API, Mobile App & Overall Usability

Developers can tap the API for custom order routing, balance checks and webhook‑driven alerts. G2’s February 2025 review praised its “customised transaction journey” and low latency.

On the front‑end, both Android and iOS apps score 4.7★ out of 5, with users calling the UI “super fast” and “intuitive.” Deposit and withdrawal times are typically under five minutes for major coins, though fiat on‑ramps can lag by up to 20minutes during peak periods.

KYC & Onboarding - The Hurdles

The platform employs a standard KYC flow: photo ID, selfie verification and address proof. While the process is thorough, 33% of G2‑verified users reported friction points, especially when documents fail the automated check. Support via live chat, email tickets and a Telegram community (12843 members) generally resolves issues within an hour.

Pros, Cons & Who Should Consider Biconomy

• Pros: User‑first UI, solid mobile performance, copy‑trading, decent leverage, good security.
• Cons: Slightly higher spot fees, limited advanced charting, KYC hiccups, no PAMM accounts.
• Best for: Retail traders with some crypto experience who value a clean mobile app and want to try copy‑trading without a steep learning curve.

Quick Comparison with Major Competitors

Final Verdict

If you need a platform that feels like a consumer app but still offers leveraged futures and a copy‑trading shortcut, Biconomy checks those boxes. Its security pedigree is solid, the fee structure is mid‑range, and the mobile experience is among the best for a mid‑tier exchange. The main trade‑offs are a slightly steeper KYC process and the lack of deep charting tools that power traders rely on.