Bitcoke Crypto Exchange Review: It Is Good Or Bad?

Bitcoke Crypto Exchange Review: It Is Good Or Bad?

About Bitcoke Crypto Exchange

Bitcoke Crypto Exchange is a Hong Kong-based exchange registered in the Cayman Islands. It launched in 2019, with derivatives as the main feature. After its inception, They also released spot market, earn, and cloud mining products.

As a few of its highlights, BitCoke has a high performance trading engine, superb liquidity, cold storage asset isolation and quanto swap, delivering the best derivative trading experience across the exchange industry.

Quanto swap enables you to choose BTC/ETH/USDT as margin to conveniently leverage trade and settle all contracts available, a combination of USDT and inverse contracts. In addition to Tradingview chart, BitCoke develops its own proprietary chart for professional leverage traders, and the Fund system enables the master account to perform asset management functions over affiliated subaccounts, like fund transfer, setting risk profiles, leverage, alert, etc.

Bitcoke Crypto Exchange also support a simplified OTC-desk for fiat-crypto exchanges. With an OTC-desk, you can execute larger trades without any risk of “slippage”, The platform is not only available from desktop, you can now also access it via mobile. It is “multi-terminal”, which means all of chart, positions, orders, layouts and drawings synchronized simultaneously across different portals.

Bitcoke Crypto Exchange Basic Points

Exchange NameBitcoke Crypto Exchange
Withdraw Fee0.0005
Deposit Fees5%
Easy To Use Yes
Security High
Maker Fee0.03% 
Taker Fee0.02%
Customer Support Available At Ticket & Live Chat
Official SiteHomepage

How To Start ?

How To Sign Up At Exchange?

bitfinex sign up button

It Is Very Easy To Sign Up At Exchange . Just Click On Sign Up Button At Website .Fill Registration Form With Correct Details Like Your Email , Phone Number , Password Etc . Once You Fill All Data You Get Verification Link At Your Email . Just Verify Your Link For Successfully Verification.

How To Deposit Fund At Btc-alpha Exchange ?

Once your account has been verified, click on the ‘DEPOSIT’ button, which you’ll find at the top right-hand side of the screen. Choose which currency you want to deposit and then you will be provided with the Wallet details that you need to transfer the funds to .

How To Trade At Exchange ?

Once your account is funded, you can then begin day trading at Valr. Click on the ‘TRADING’ button at the top of the screen, and you will be taken to the main trading area. You now need to select the trading pair that you want to trade. Finally, enter the amount that you want to buy, decide whether you want to do a ‘market order’ or ‘limit order’, and then place your trade.

How To Withdraw At Exchange ?

Withdrawing your funds from Swipe is very easy. Go to the “Withdraw” window, select the asset you want to take out and fill all the required fields. Note that you won’t be able to withdraw currencies if you haven’t secured your account with 2FA and/or whitelisted addresses.

BitCoke Trading fees

Every trade occurs between two parties: the maker, whose order exists on the order book prior to the trade, and the taker, who places the order that matches (or “takes”) the maker’s order.

This exchange’s trading fees for takers is 0.03%. This fee is substantially below the historical industry average, which is arguably around 0.25%. They are today seeing more and more exchanges moving towards lower trading fees, and new industry averages are starting to form around 0.10%. But, obviously, Bitcoke Crypto Exchange taker fees are very low also in comparison with them. 

BitCoke also offer trading fee discounts for makers, who trade at 0.02% (33% discount compared to takers). This maker/taker fee model promotes the liquidity at the exchange and is an appreciated feature with this platform.

BitCoke Withdrawal fees

Bitcoke Crypto Exchange charges a withdrawal fee amounting to 0.0005 BTC when you withdraw BTC. This is below the global industry average with roughly 40% (seeing as the global industry average BTC-withdrawal fee is 0.000812 BTC per BTC-withdrawal, at least when we did our most recent empirical study of withdrawal fees). All in all, the fees here are low and thus also consumer-friendly.

Deposit Methods

Bitcoke Crypto Exchange does not accept any other deposit method than cryptos, so new investors are restricted from trading here. If you are a new crypto investor and you wish to start trading here, you will have to purchase cryptos from another exchange first and then deposit them at this exchange.

Why Choose Bitcoke Crypto Exchange

Quanto Swap

Support any crypto as margin to conveniently trade all contracts available.

High Performance

Bitcoke Crypto Exchange Match trading by system memory, able to execute million level TPS transactions

Superb Liquidity

Excellent market depth and low trading fee

Asset Isolation

Bitcoke Crypto Exchange Cutting-edge cold storage safeguards asset security