Recap AMA BigONE Exchange x Vietnam Coin Market Community

10 min readAug 19, 2021

Mr Hubert: Hello everyone,

Only 15 minutes left and the AMA event of Bigone will be started

The representative for Vietnam Coin Market (VCM) is Admin Owner @taitan296 who will run AMA and Bigone project’s representative is @katherinewnj.

Translator: @nguyetvcm

Vietnam Coin Market Group (VCM) will be locked to make the event convenient.

After Segment 3 of the Vietnam Coin Market group will be opened a chat so that the community can ask the project.

How’s everything going?

Again, it’s been my greatest pleasure to announce today’s special AMA session

“Bigone”

Today’s AMA session is composed of 4 parts:

✔️ Part 1 — Welcome

✔️ Part 2 — Q&A

✔️ Part 3 — Questions on Twitter — Guest will choose the 5 best questions from this Tweet: https://twitter.com/chocoin_VN/status/1427823252680822787?s=20

🏆 Reward: $10 USDT / 1 winner.

✔️ Part 4 — Free — asking: the guests will choose about 5 good questions to answer.

🏆 Reward: $10 USDT / 1 winner

Craving for the question rain ahead after I unmute the group.

Anyway, let’s get the curtain roll-up and welcome @katherinewnj.

Mr Katherine: Hello guys, nice to e-meet everyone here today!

Mr Hubert: Hello sir. It’s a pleasure to all of you who participated in the AMA today.

Could you briefly introduce about yourselves?

Mr Katherine: Hi everyone, it’s a pleasure to be here, and happy to meet all of you, I’m Katherine from BigONE Exchange as a global project manager.

BigONE is a global cryptocurrency exchange that provides a platform for trading various cryptocurrencies. It was founded in 2017 and registered in the Netherlands. The group operates in Russia, Brazil, Vietnam, Seychelles, Singapore, Japan, and Indonesia, providing marketing, investment, and blockchain technology research & development.

Mr Hubert: How wonderful, sir. The VCM audience is also eager to study the Bigone exchange.

Looking forward to have our audiences to know more about the project and the views.

Let’s get to the first question we’d like to know from you.

What makes the Bigone Exchange stand out more than the projects in the same direction at the moment?

Mr Katherine: BigONE’s mission is to provide all citizens in the Digital Age with the most secure and convenient trading and trusteeship services. Due to the recent loopholes in market security and volatility in policy, we believe that citizens in the Digital Age deserve a better choice, as they need a genuinely safe, convenient and trustworthy infrastructure.

If we must hight something i would speak about in 3 points:

Firstly, It must be Extremely Secure

BigONE separates the cold and hot wallets, deploys multiple signatures, and monitors the status of the wallets and assets in real-time. No one can get the private key by himself because of the way the encrypted key was created.

Proof of Reserves (100% asset reserves)

Besides, BigONE keeps users’ assets in reserves and will not deploy the assets by any means. The mechanism provided by BigONE allows users to track the status of the assets at any time.

Secondly, be customer-centric and seeking innovation

At present, BigONE has a complete layout of product lines such as spot, leverage, futures, wealth management, and PoS mining pools. As part of meeting users’ diversified needs for investment assets, BigONE closely monitors market movement, which helps users participate in trends, which will help them secure their benefits.

Besides, we have never stopped seeking innovative& reliable assets for our users to offer them the best solution in the industry.

Last but not the least, Seamless Trading Experience

BigONE deploys advanced technologies to ensure the speed of the transaction, updates detailed order book and P/L so that users can have the best trading experience they’ve ever had.

Mr Hubert: Thank you, we could give some mins for our audiences to read more about the comment.

We will come to the next question:

Who are some business partners/clients for Bigone?

Mr Katherine: For investment pespective, we are collabrating with inblockchian and angelone capital, those are one of the powerful crypto/ blockchain focused capital firm.

Especially we corporate IEO with angelone capital

AngelONE was established in 2020, with registered office in Singapore. The team partners are mainly distributed in Europe, North America, Latin America, Asia and Australia, with rich experience in blockchain industry investment and industry resources.

We make due dilligence together from both sides and deliver the best asset and potential investment targets to our users on BigONE Exchange.

Mr Hubert: Thanks for your sharing. We continue to spend some time with VCM audiences and Mrs Nguyet again. :))

Can’t wait any longer. I think the audience is wanting to learn more about the exchange: What are the memorable milestones of Bigone in the research and development process?

Mr Katherine: The most obvious milestone for bigone is the launch of futures trading and the development of defi products in order to provide our users with the most comprehensive range of investment options

Recently bigone collaborated with INFLUXO to launch the NFT trading platform, and the first celebrity to collaborate is Ronaldinho

if you are interested in Football NFT, also a fan of RONALDINHO, you could take a look at the website

influxo.com

next week we will also have an free giveaway of the sports cards of ronaldinho, and token rewards up tp 5000/ user

if you want to get this reward you can join the telegram group and get the latest update

https://t.me/influxo

Mr Hubert: Feeling quite excited about this exchange, sir. I think everyone will love it and support it as well.

We to the last question of the Q-A segment:

What does Bigone plan to do to attract more users in the upcoming time?

Mr Katherine: since we have different product to satisfy all the users, so we also hold different events in all the category

like for new users, we are planning to have a new check-in events next weel

especially for futures trading users

August check-in daily event, 100,000 USDT worth of prizes to be won!

BigONE will be holding a daily check-in event starting at 00:00 on 23 August 2021. This event will last for a week and 100,000 USDT will be invested in reward funds as part of this event.

Event time: 16:00 on 22 August 2021 (GMT) — 16:00 on 28 August 2021 (GMT)

Event link: https://bigone.zendesk.com/hc/en-us/articles/4405197114905-BigONE-August-check-in-daily-event-100-000-USDT-worth-of-prizes-to-be-won-

Check-in event Features:

Conducting one Futures transaction, get a minimum of 5 USDT

Conducting two Futures transactions, get a minimum of 10 USDT

Newly registered users can share 20,000 USDT rewards for their first transaction in BigONE, a minimum of 2 USDT is guaranteed to every new user.

for a new TOKEN LISTING , we corprate with BitDAO for a trading competition

BITDAO

https://bigone.zendesk.com/hc/vi-vn/articles/4405126687641-BigONE-ni%C3%AAm-y%E1%BA%BFt-BitDAO-c%C3%B3-c%C6%A1-h%E1%BB%99i-gi%C3%A0nh-%C4%91%C6%B0%E1%BB%A3c-nh%E1%BB%AFng-ph%E1%BA%A7n-th%C6%B0%E1%BB%9Fng-h%E1%BA%A5p-d%E1%BA%ABn-

Event time: 12:00 on 18 August 2021–12:00 on 25 August 2021 (GMT+8)

Event 1: Deposit rebate

BIT users who deposit from your wallet or other exchanges to the BigONE account

*The maximum reward for a single user is $500 equivalent of BIT.

Event 2: Trading ranking contest

*The trading volume of the top three winners must be greater than 1,000USDT.

Mr Hubert: How wonderful, sir. VCM will make a small contribution to the exchange support. Nice to do this. 😊

The last question is already done. Thank you @katherinewnj for bringing the above useful information.

We’ll move on to segment 3: Questions on Twitter.

#1 Can you please tell us the motivation and benefits for traders/ investors to hold “BigONE Exchange” token in a long term investment? I’m quite curious about your plans to help drive demand and scarcity for the token in circulation.

https://twitter.com/koocoin111/status/1428196578808897545?s=20

Mr Katherine: nice question,we do planning for develop more benefits of our native token

will be focusing on deducting transaction fees on spot, futures, margin trading and special lock-up staking project

for example, locking platform token to get rewards in another one

#2 DeFi is one of the hottest topic in the blockchain space right now. Can you share your opinion about DeFi with us? Do you think that DeFi will disrupt the existing financial system? What is “BigONE Exchange” approach towards the DeFi sector?

https://twitter.com/JhnangNgyn13/status/1428198112850448393?s=20

Mr Katherine: Defi is definatly shaping the traditional industry, for all the individual users it provides varies investment porfolio and choices, this is also a important part that we are looking and studying into, also like coinbase and other platform

actually we are launching a defi smart pool these days

USDC DeFi Smart Pool <Insert Promo Graphic>

BigONE has launched the “USDC DeFi Smart Pool” fundraising event. Stand a chance to win great airdrop rewards by participating! The details of the event are as follows：

Event time: 12 August 2021 10:00 (GMT) — 26 August 2021 10:00 (GMT)

Event link: https://big.one/en/coffer/pos/74

USDC Defi Smart Pool Features:

“USDC DeFi SmartPool” is a current product, which can be accessed flexibly

Expected APR: 11%+

The return rate of this mining pool is a floating return, subject to the actual amount credited to your account.

Investment profits are settled every Friday

For more details, click here

which offers 11% APY

#3 Can you list the outstanding features of “BigONE Exchange” that you think are the strengths that will help “BigONE Exchange” succeed? In the future, will the “BigONE Exchange” token be developed with more utilities?

https://twitter.com/Ipman15547444/status/1428197310182264832?s=20

Mr Katherine: as i mentioned previously

Firstly, It must be Extremely Secure

Secondly, be customer-centric and seeking innovation

Last but not the least, Seamless Trading Experience

Besides, we listen to our users in different regions, we want to develop the platform together with all of our users around the world.

the token utilities, despite the trading fee benefits, we also would like to get more idea from our users to help us improve the utility.

#4 With Big One Exchange,we can invite friends to use your platform. So,can you explain more about the referral system in Big One? How does it works ? What are the welcoming bonus for new users of Big One? What are the benefits to be given to the one who refer in your platform?

https://twitter.com/mylhe/status/1428231760479875082?s=20

Yes, we have a referral program for all users. Invite users with your referral code, you could get a spot trading rebate from 20% to 40% according to their trading performance and their funds’ amount. What’s more, you could also participate in the futures referral activity. If you are a strong influencer (Star User), you could get a maximum 70% rebate on futures trading. The more people you invite, the more trading rewards you get!

For the details,Ii would strongly recommend you guys to take a look at here

To be Star User: https://bigone.com/en/star

#5 BigONE Exchange — WE ARE MORE THAN JUST ASSET SECURITY. That makes me thinking your security can not be defeatable. I wonder What are your security mechanisms? Do you do Penetration Testing by your own or through a third party? Do you have any Bug bounty program?

https://twitter.com/tuan_iker/status/1428202231812161543?s=20

Mr Katherine: BigONE has been always taking the asset security as the first priority.

For every year, 20% of the cost is in the construction of security and risk control and has long-term uninterrupted cooperation with some well-known security audit companies in the industry.

Our team that manages digital currency has eight years of experience and has never had a security incident before. For example for the risk control logic is very complex, with nearly a hundred risk control rules,

Example: In cer.live web,BigONE has always been ranked around top 10.

https://cer.live/

check out we have higher security score than FTX for now

Mr Hubert: Next, the Vietnam Coin Market Community will open a chat for the community to ask questions to the project. We will have 120s to ask. The BigONE Exchange will then choose 5 questions to answer.

Let’s go!

Now!

Let’s give some mins for @katherinewnj to choose 5 questions to answer.

@katherinewnj, you may proceed now.

Question 1. What are the ways for your project to generate revenue in the long run? What is the progress of business development and what are some of your commercial partnerships?

We may launch another product category soon , its a swap , after that our user will be better convert their crypto aseet to more effective use.

Question 2. Trust is very important in business, what makes investors, customers and users feel safe when working with your project?

We have 24*7 customer service to support all of our users in different investment actions, and thanks to our high security level, we can ensure that the users asset security

Question 3. What do you think about NFT? Do you have any plan for implant NFT on your ecosystem❓❔❓❔

This is somtthing i want to highlight again, the NFT is an important field of metaverse, we are launching it with our partner INFLUXO next week for the official airdrop togerther with ONE token of our exchange

https://t.me/influxo

come and get the rewards up to 5000 per user in the next week airdrop

Question 4. What plans do you have to grow rapidly in terms of users, global market and partners? What are your strategies in building a big and strong community?

By localizing our product in different cultures, and listen to our communities users, make user- centric approach

Question 5. What major problem your project will solve in the blockchain industry and what are your best features against competitors?

we want to provide full service in crypto investment for the users all over the world , and make a win-win situation with all the partners in the industry.

Mr Hubert: Thank you @katherinewnj first for replying to the community.

So the AMA Bigone at Vietnam Coin Market (VCM) is also coming to an end. Hopefully in this direct exchange, the community has a basic understanding of the Bigone project. I am the moderator today. Congratulations to the Bigone.

Thanks @katherinewnj for joining AMA with the VCM community today. Wish you much health and success.

Again, don’t forget to join the Bigone community for further assistance. Thanks everyone.

Website: bigone.com

Telegram Global: https://t.me/B1_EN

Telegram Vietnam: https://t.me/BigONEvietnamese

VIETNAM COIN MARKET COMMUNITY INFORMATION:

Website: http://vcmcommunity.online

Medium: https://chocoin-vn.medium.com

Youtube VCM: https://www.youtube.com/c/vietnamcoinmarket

Youtube AI: https://www.youtube.com/c/angelinvestorcommunity

Twitter VCM: http://twitter.com/chocoin_VN

Twitter AI: https://www.youtube.com/c/angelinvestorcommunity