Bibox

Bibox (BIX) is the native token powering the Bibox exchange. The platform seeks to integrate AI technology into the analysis of trading, personalized risk management, speech recognition and the scoring of cryptoassets. In an effort to increase exchange liquidity, the platform does not permit market orders, instead only allows limit orders (limit orders can potentially provide liquidity, while market orders remove liquidity from the system). Traders who pay in BIX receive discounts off normal trading commissions. BIX may also be used to uptier VIP status or to gain access to certain premium features. Bibox was founded in China in 2017.