BigONE Token Whitepaper

What Is BigOne (ONE)?

BigONE stands as a cryptocurrency exchange, serving as a trading hub for a diverse range of cryptocurrencies. The central mission of BigONE revolves around delivering secure and user-friendly trading and custody services tailored to the digital era. Recognizing the increasing demand for robust options in light of recent security concerns and regulatory uncertainties within the market, BigONE positions itself as a trusted solution.

The platform boasts a versatile offering that encompasses both spot and margin trading. Spot trading entails the direct exchange of tokens and coins at fixed prices for immediate settlement in the crypto market. Conversely, margin trading involves the borrowing of funds from the exchange to facilitate trading activities. For spot trading, BigONE supports major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), alongside over 140 additional tokens. Margin trading is also available for BTC, ETH, BCH, and EOS (EOSIO).

Beyond these trading options, BigONE extends its services to encompass the following features:

1. Perpetual Futures: The platform offers leveraged futures trading with leverage ratios of up to 100x.

2. Fiat Currency Trading: BigONE facilitates T+1 settlements for over-the-counter withdrawals, allowing users to trade with government-issued currencies.

3. Loans: Swift loan approvals are a hallmark of BigONE, with lending capacities extending up to 10,000 USDT.

4. POS Mining Pools: More than 14 mining pools are accessible through the platform, enhancing opportunities for users to engage in Proof-of-Stake (POS) mining.

Furthermore, at the heart of the exchange lies its native token, BigONE, denoted as ONE. These tokens adhere to the Ethereum-based ERC-20 standard and serve multiple purposes within the platform ecosystem. ONE tokens can be employed for trading purposes, enabling transactions and facilitating loans for platform users. Additionally, they offer avenues for staking and participation in yield farming activities, adding versatility to their utility within the BigONE ecosystem.