Bibox is a cryptocurrency exchange that was founded by a group of people from Chinese blockchain giants that were either early Bitcoin enthusiasts; Venture Capitalists, established businessmen, Artificial Intelligence experts, professional security exchange traders and high tech angel investors of the industry.
Why Choose Bibox?
Bibox as an exchange platform paired with BTC, USDT, ETH and DAI. It is one of the few full Articial intelligence enhanced digital asset exchange. As stated by the team at the helms of affairs, the goal of Bibox is to provide a quantitative analysis and computation of the trading market of cryptocurrencies. Currently, Bibox is a crypto – crypto exchange platform, but there are currently some plans set in motion to introduce fiat currencies in the exchange.
Although the features of Bibox in comparison with other exchanges aren’t that much different, people still wonder how exactly they use artificial intelligence. Nobody has been able to decrypt how exactly Bibox is incorporating artificial intelligence into its system, and the people at Bibox have refused to let the public know.
Creating a new account on Bibox
Step 1: Go to Bibox’s at www.bibox.com
At the top left of the homepage is the ‘Sign up’ blue button. Click on it to proceed with registration.
Note: You will have to bookmark this homepage because there are sites that are familiar with this site. And when you get a link on your email, you have to check the URL of the website and check for the secure certificate; this will save you from scammers.
Step 2: Sign Up Process
Opening a Bibox account is a very simple task and it does not take much time.
Step 3: Verification – 2-Factor Authentication (2FA)
In Bibox, three different types of verification are made available. These are SMS Authentication, Google Authentication and Funds Password. It is therefore recommended that you carry out the three verification processes before you start using your account. This is strictly for security purposes.
To proceed with the processes, hover your mouse to the top right hand side that has your email on display, this is called the account information tab. The steps for verification are shown in the tab that will pop up. And as you can see below, the first step is downloading the Google Authentication app from respective application stores. The next step is to add the secret key and scan the QR code with the Google Authentication app. Before scanning, ensure that you write your secret key on a piece of paper as an external back-up resource. You will thereafter see a 1-minute 6-digit changing code, this code needs to be inserted any time you log into your account.
When you finish the security/verification process, then you have completed the basic setup of your account. Next up is funding your account.
Step 4: Funding Your Account
The interface of Bibox is user friendly with up to date layout. When you click on the Funds in the top left corner of your homepage, you will see all the available crypto coins for trading. These coins are ranked according to how popular they are.
When you choose from the coins on the list, you will be redirected to the trading screen. From this you can see the chart of your chosen coin and the book of order. However, before you can see this chart, you will have to give the Google Authentication code that you got from the previous step.