Is Biconomy the Right Crypto Exchange for You in 2026?
If you’re looking for a crypto exchange that doesn’t overwhelm you with charts and jargon but still gives you serious trading power, Biconomy might be worth a closer look. It’s not Binance. It’s not Coinbase. But it’s not trying to be. Biconomy carved out a quiet space for itself by focusing on one thing: making crypto trading feel simple - even when you’re doing futures with 100x leverage or copying trades from top performers.
Launched in 2023 and based in Kazakhstan, Biconomy quietly grew to support 268 cryptocurrencies. It’s not the biggest exchange out there, but it’s not small either. It’s got about 0.8% of the mid-tier exchange market, and its mobile app has a 4.7-star rating on the App Store from over 1,200 reviews. That’s not luck. That’s design.
What You Get: Spot, Futures, and Copy Trading
Biconomy lets you trade spot and futures - nothing fancy, nothing missing. Spot trading means buying and selling crypto at current prices. Futures let you bet on price moves up or down, even if you don’t own the asset. The big draw? You can go up to 100x leverage on futures. That’s high. Higher than Kraken, lower than Bybit. But here’s the catch: not all pairs allow 100x. Some are capped at 20x or 50x, depending on volatility. That’s smart risk management.
But the real standout? Copy trading. If you’ve ever watched someone trade and thought, “I wish I could just do what they’re doing,” Biconomy lets you do exactly that. You pick a trader, hit “copy,” and your account mirrors their moves in real time. It’s not just for beginners. Even experienced traders use it to automate parts of their strategy. You can set limits on how much to copy, pause it anytime, and even tweak the risk level. Most exchanges don’t offer this unless you’re paying for premium services. Biconomy gives it away for free.
Fees: Not the Cheapest, But Fair
Fees are where Biconomy gets mixed reviews. Spot trading fees are listed at 0.2%-0.2% - which looks like a typo. Experts believe it’s meant to be 0.1%-0.2%, which puts it in line with mid-tier exchanges like KuCoin. That’s higher than Binance’s 0.01%-0.1%, but lower than Coinbase’s 0.05%-0.6%. For casual traders, it’s fine. For high-volume traders? You’ll notice it.
Futures fees are better: 0.02%-0.06%. That’s competitive. And there’s no hidden fee for using leverage. You pay the same whether you’re trading 1x or 100x. No surprise charges. No “premium” tiers to unlock lower fees. It’s flat. Transparent. That’s rare.
Deposit and withdrawal fees? They depend on the network. If you send USDT via Tron, it’s cheap. If you send ETH, you’re paying Ethereum gas. Biconomy doesn’t pad those fees - it passes them through. That’s honest. But here’s a warning: if you deposit just $5 worth of crypto, you might lose $3 in network fees. Don’t deposit tiny amounts unless you know what you’re doing.
Security: Cold Storage, Multi-Signature, and No Major Breaches
Security isn’t flashy on Biconomy’s website, but it’s solid. They use cold storage for 95% of funds - meaning most of your crypto is offline, away from hackers. Multi-signature tech means no single employee can move money without approval from multiple people. Real-time monitoring watches for suspicious activity. No major hacks reported since launch. That’s more than you can say for some bigger exchanges.
The app has passed Apple and Google’s strict security checks. No malware, no shady permissions. That’s a good sign. But remember: no exchange is 100% safe. If you’re holding large amounts, use a hardware wallet. Biconomy is fine for trading. Not for long-term storage.
Mobile App: Fast, Smooth, and Actually Usable
Most crypto apps feel like they were built by engineers who hate users. Biconomy’s app doesn’t. It’s fast. Responsive. Clean. Google Play reviews call it “super fast” with “flawless deposits and withdrawals.” That’s not marketing speak - it’s what users actually say.
Navigation is intuitive. You can check your portfolio, place a trade, or copy a trader in under three taps. The charting tools aren’t TradingView-level, but they’re enough for most retail traders. You get candlesticks, basic indicators, and drawing tools. No need to switch apps. If you’re on the go, this is one of the best mobile experiences in crypto right now.
Onboarding and KYC: The Big Hurdle
Here’s the problem: getting started is a pain. The KYC process - verifying your identity - is slow and confusing. Users on G2.com and Reddit report it taking 2-5 days. Some get asked for the same documents twice. The system doesn’t explain why it’s holding your submission. You just wait.
Once you’re through, everything else is easy. But that first step? It’s the biggest complaint. If you’re in a hurry to start trading, this will frustrate you. If you’re patient and have your ID and selfie ready, you’ll get through. Just don’t expect it to be quick.
Customer Support: Telegram Saves the Day
Biconomy offers chat, email tickets, and Telegram. The chat and email are hit-or-miss. Responses can take 12-48 hours. But Telegram? That’s where the magic happens. The official Telegram group has over 12,000 members, and the support team is active there. One Reddit user reported a withdrawal issue resolved in 47 minutes during peak trading hours. That’s rare.
Don’t just join the group - ask questions there. That’s where the real help lives. The official support team monitors it. They respond fast. They fix things. It’s not perfect, but it’s the best support system among exchanges its size.
Who Is This For? And Who Should Skip It?
Buy if you:
- Want a clean, fast mobile app
- Trade spot and futures occasionally
- Like copy trading but don’t want to pay extra
- Don’t need advanced charting tools
- Are okay with a slow KYC process
Avoid if you:
- Trade high volumes and need the lowest fees possible
- Need PAMM accounts or institutional tools
- Want deep educational content for beginners
- Live in a country where Kazakhstan-based exchanges are restricted
Biconomy isn’t for crypto newbies who need hand-holding. It’s for people who know what they’re doing but hate clunky platforms. It’s for traders who value speed over complexity.
The Bottom Line: A Quiet Contender
Biconomy doesn’t scream. It doesn’t run ads. It doesn’t promise to make you rich. It just works. It’s got the features serious traders want - copy trading, high leverage, low futures fees - without the noise. The KYC process is its Achilles’ heel, and the fee structure isn’t the cheapest. But if you can get past onboarding, you’ll find one of the smoothest trading experiences in crypto today.
It’s not the biggest. It’s not the most famous. But in 2026, it’s one of the most reliable mid-tier exchanges for retail traders who care about experience over hype.
Is Biconomy safe to use?
Yes, Biconomy uses industry-standard security: cold storage for most funds, multi-signature access, and real-time monitoring. There have been no major security breaches since its launch. However, like all exchanges, it’s not 100% immune to hacks. For long-term storage, move your crypto to a hardware wallet. Use Biconomy for trading, not savings.
Does Biconomy support USD and EUR deposits?
Yes. You can deposit USD and EUR via Visa or MasterCard. The minimum deposit is just 1 USDT, but if you use a card, the minimum is usually $10-$20 depending on your region. Processing times for fiat deposits can take 1-3 business days. Crypto deposits are instant.
Can I use Biconomy in the US or EU?
Biconomy doesn’t explicitly block users from the US or EU, but its legal base is in Kazakhstan, which creates regulatory gray zones. Some EU users report issues with bank transfers being declined due to compliance policies. US users may face restrictions on futures trading. Always check local regulations before signing up. If you’re in a highly regulated country, proceed with caution.
What’s the minimum deposit on Biconomy?
The minimum deposit is 1 USDT for crypto. For fiat deposits via card, it’s typically $10-$20. But here’s the catch: if you deposit less than $20, you might lose most of it to blockchain network fees. For example, sending $5 in ETH could cost $3 in gas. Stick to $20+ to make it worth your while.
Does Biconomy have a desktop app?
No, Biconomy doesn’t have a dedicated desktop app. But its web platform is fully responsive and works perfectly on browsers like Chrome or Firefox. The interface is identical to the mobile app - clean, fast, and easy to use. If you prefer trading on a big screen, just use the website. You get all the same features.
Is copy trading profitable on Biconomy?
Copy trading isn’t a guaranteed way to make money - it just copies someone else’s trades. Some traders you copy will win. Others will lose. Biconomy doesn’t guarantee returns. But it does let you see performance history, risk scores, and drawdowns before you copy. Choose traders with consistent results over 3+ months, not just ones with short-term wins. Treat it like a tool, not a magic button.
How does Biconomy compare to Bybit or KuCoin?
Bybit has lower fees and higher leverage (up to 100x on more pairs), but its interface is cluttered. KuCoin has more coins (over 700) and better educational content, but its mobile app is slower. Biconomy sits in the middle: fewer coins than KuCoin, less leverage than Bybit, but a far better user experience. If you care more about ease of use than maximum options, Biconomy wins.
What’s Next for Biconomy?
According to community updates from September 2025, Biconomy plans to add advanced charting tools - likely integrating TradingView - and expand fiat on-ramps in emerging markets like Southeast Asia and Latin America. If they pull that off, they could become the go-to exchange for mobile-first traders outside the US and Europe.
But there’s a risk. Kazakhstan’s government is still deciding on crypto regulations. If they crack down, Biconomy could lose access to certain markets. That’s the trade-off: a smooth platform built in a regulatory gray zone.
For now, if you want a no-nonsense, fast, secure exchange that lets you copy traders and trade futures without a headache - Biconomy delivers. Just be patient with KYC. And don’t deposit tiny amounts.
