BKEX Review [The Ultimate Guide 2022]

BKEX was established in 2018, a worldwide crypto-asset trading platform. BKEX, a global crypto-asset financial exchange that focuses on high-quality digital assets acquisition and mining, was founded in the British Virgin Islands in 2018.

Services are available in more than 100 countries. BKEX offers services in over 100 countries, including spot trading and derivatives trading. It also offers financial services to mining pools. ETP with continuous leverage is another service offered by BKEX. BKEX Pro Seed Incubator promotes development in the cryptocurrency and Blockchain industries and offers better financial services to support high-quality projects, blockchain entrepreneurship and other activities.

In this BKEX review, we’ll dive deep into the BKEX exchange, exploring the exchange’s key features, supported services, fee structure, and more to help you decide if it’s a good exchange for you.

Let’s dig deeper to learn more about this crypto trading platform.

What is BKEX?

BKEXThe world’s first digital asset trading platform, BKEX, offers professional traders more choice in blockchain technology as well as a variety of digital assets. BKEX advertises itself as the first ‘sunshine trading’ platform, meaning the exchange gets monitored and audited by an external company to avoid misdoings.

BKEX also offers additional services such as spot trading and OTC products.

How does the BKEX work?

• To create an account at the BKEX exchange, users must register.
• After creating an account, it is possible to buy, trade, and swap supported cryptocurrency.
• BKEX accepts deposits in fiat currency. Deposit fiat currency to fund your cryptocurrency trading account. Only wire transfers can be used to make deposits in fiat currencies.
• You can also fund your BKEX account with cryptocurrency by trading from your digital wallets.
• This user-friendly view allows you to see the trading order book (or part thereof), the selected cryptocurrency’s price chart, as well as order history. You can also search for different crypto-token sell and buy prices.

BKEX Key Features

• BKEX is a sun trading platform. This means that the exchange will be monitored and audited externally.
• BKEX utilizes cold storage wallets that have multi-signature authentication.
• BKEX boasts high stability due to the use of a high-speed match engine.
• BKEX asserts that it has access to vast liquidity pools.
• BKEX’s technical support staff is highly qualified and has years of experience.
• BKEX offers both iOS and Android mobile apps.
• BKEX utilizes separation technology which separates hot and cold wallets.
• BKEX provides real-time as well as quasi-real-time risk control system.
• BKEX provides global over-the counter (OTC), trading services in fiat currencies (THB), EUR, USD, USD, RUB etc.) and cryptocurrencies (USDT, BTC.ETH. LTC). There are over 1,000 trading pairs supported.
• BKEX provides several options for trading such as spot, OTC and leveraged ETP products.
• BKEX has a 24/7 customer service team that is competent and efficient.
• BKEX hopes to achieve long-term strategic cooperation with SlowMist as well as other security firms worldwide.

BKEX Offers Services

Spot trading

BKEX offers spot trading with more than 1000 currency pairings. These include 700+ USDT pairs (plus 20+ BTC) and 10+ Eth pairs.

Contract trading

BKEX contract trade covers nearly 600 contract masters across the globe. There are a variety of currencies that can be traded. BTC, XRP, ETH, LINK, LTC, BCH, FIL, EOS, DOT, UNI, DOGESHIB, and. BKEX contracts trading can be done in two ways, so investors have the ability to adjust their stop-loss or profit prices.

Smart Pool

BKEX’s Smart Pool offers regular mining, flexible mining, current mining, and new coin mining. Trading can now enjoy huge profits and mining finance with just one click.

• Regular mining – BKEX offers substantial gains, and the exchange is now running its 8th Round with an APY up to 35%. For the 8th round, mining currencies include USDT and EOS.
• Flexible mining – It entails flexible transfers, revenue appreciation, and simple mining operations with 13 pools, including USDT, SQUID, DOT,  LTC, BTC, ETH, etc.
• The Current State of Mining – It enables flexible transfers in and out of the exchange. This includes coin-standard mining using 22 pools including BTC and USDT as well as EOS, ETH and DOT.
• New Coin Mining – It enables users to mine premium cryptocurrency.

Placement

BKEX, a trusted exchange that offers monetary services, is reliable 1-click stakeEasy mining and flexible unlocking. Users can stake in the following currencies – BRG, SHIELD, MILO, LQR, CMCX, and DOT.

ETH 2.0

BKEX just introduced ETH 2.0. With an APY as high as 20%, a very low threshold and substantial profits, there is no staking and high liquidity. Users can also engage and exit whenever they want. Not to be forgotten, tokens gained through unlocking are available for trading.

Hashrate Mining

BKEX Hashrate Mining is a cloud-based mining service that simplifies mining, especially for novice miners. Multiple phases of the YH IPFS Super Mining Service, and Chia Cloud Mining Service purchases have been delivered.

Pro Seed Incubator

BKEX Seed Incubator Pro is a subscription service that provides high-quality crypto. This platform promotes crypto- and blockchain industry development and provides financial services to high-quality projects as well as entrepreneurship in blockchain. It selects only high-quality proposals and evaluates them thoroughly.

BKK Buyback and Burning Records

BKEX expends 70% of its handling fees on buying and burning BKK recordings. The current burning cycle takes place weekly.

BKEX New Sheik Plan

BKEX introduced the New Sheik PlanThis plan lets you join for discounts up to half off on BKK and large commissions on super contract handling fees. You will also receive VIP privileges, rights and special gifts for Sheik Members.

BKEX Perpetual swap contract

BKEX Perpetual Swap Contract has the following features

• Double set pricing makes it harder to manipulate prices.
• The spot market price is used.
• This product offers variable leverage up to 100x.
• It has an automated position reduction system to protect traders’ interests.

Trading with leverage

Leveraged trading is supported by the BKEX trading platform. Leveraged trading is possible, but it’s worth noting. The potential for huge gains, but equally devastating losses when leveraged trading is used.

Let’s say you have $10,000 and place $100 long bets on Bitcoin. This will result in Bitcoin increasing in value with 100x leverage. You will gain $1,000 if BTC’s value increases by 10%. Leverage while trading can be described as borrowing money and placing a wager on the fate of the cryptocurrency.

However, $1,000 is lost if BTC’s value falls by 10%.

Sign up for an account at BKEX

Register on BKEX by entering your email address and phone number. Create a strong password. Minimum deposit: $1

In contrast to other centralized trading platforms, BKEX doesn’t require KYC verification, and you can trade, deposit, and withdraw without getting verified. However, there are some limitations, such as you can’t participate in Seed Incubator Pro or withdraw more than 2 BTC in 24 hours.

To verify the Basic Identity authentication step of the KYC process you will need to provide your personal data and photocopies. To be eligible for Advanced Real Name Authentication, you will need to submit a picture of yourself with the ID. Within 48 hours, the verification process is complete.

A confirmation code will be sent by email to your address/phone number. This code must be entered. You can now sign in, deposit money, and begin trading.

The BKEX fees

• BKEX handling and trading fees are usually low, in accordance with the industry standard.
• The maker fee generally is 0.15% and the taker fees are 0.05%.
• The maker fee for perpetual contracts is 0.022% while the taker fees are 0.05%.
• The platform charges no deposit fees.
• BKEX withdrawal fees vary depending upon the cryptocurrency. BTC (Bitcoin Cash), has a withdrawal fee of 0.0008 for one transaction. BCH (Bitcoin Cash), on the other hand, charges 0.0001 for withdrawals. Click Click hereFor more information on the BKEX fees structure, click here

Countries & Currencies Supported by BKEX

BKEX is able to support a variety of cryptocurrency, including many well-known digital tokens and coins. You can access the platform in several languages, including English. It’s also supported by many international exchanges.

BKEX Token (BKK) Details

BKEX’s crypto exchange allows you to trade with BKEX using a native cryptocurrency token called BKK. BKK holders enjoy a 25% discount for handling fees while trading on BKEX.

BKEX Review: Security & Privacy

BKEX promotes itself online as an advanced security platform that offers offline multi-signature cold store to guard against digital theft.

BKEX offers a unique price protection scheme for perpetual contracts. In the event of unusual market circumstances or irregular trading prices, users will be reimbursed.

BKEX Mobile App

You can trade anywhere you are with the exchange’s apps, available for Android as well as iOS. Clients can access the exchange at their convenience.

BKEX Exchange Reviews: Customer Support

BKEX users who experience difficulties trading and completing transactions may report it to the customer support page. BKEX information can also be found on numerous social media platforms, including Twitter, Telegram and Reddit.

BKEX Exchange offers multilingual 24/7 customer service.

Closing Thoughts

BKEX offers advanced non-US traders the opportunity to trade large amounts of cryptocurrency. BKEX’s additional services are what sets it apart from all other exchanges, including spot trading, leveraged ETP product, OTC service, staking functionality and crypto loans for as long as 180 days. 

BKEX users generally rate BKEX as reliable and secure. BKEX is a platform that claims to be very secure, and its advanced security measures make it extremely difficult for hackers to access users’ funds.

BKEX has provided services to users from over 100 countries. It has also been audited and regulated by third parties. The traffic generated by BKEX is clear evidence of the exchange’s popularity and large trading volumes. 

Also, you can visit www. CoinStats blogTo learn more about wallets portfolio trackersExplore our detailed reviews of various crypto exchanges like Bybit, Crypto.com, BitMEX, FinexBox, Binance, WazirX, etc. Do you want to dig even deeper? Our articles will help you understand the history of cryptocurrency, blockchain technology and decentralized finance. What exactly is deFi?, How to Purchase CryptocurrencyYou can find out more.

Information about Investments This website contains information that is intended to be informative. It does not recommend you to purchase, sell or hold any security, financial product or instrument.

The market for cryptocurrency can be volatile and subject to secondary activity. Do your research and get your own advice. Only invest the amount you are able to afford to lose. CFD trading, stock trading, and cryptocurrency trading can have serious risks. CFD trading can cause losses of between 74-89% in retail investor accounts. It is important to consider all aspects of your financial situation before you make any investments. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant regulators’ websites before making any decision.