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Bkex Crypto Exchange Review : It Is Good Or Bad?

Bixer Simond by Bixer Simond
27/03/2024
Bkex Crypto Exchange Review : It Is Good Or Bad?
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About Bkex

Bkex is a worldwide cryptocurrency alternate. In addition to everyday alternate functionality, they provide some of different services. These consist of spot buying and selling, OTC services, and leveraged ETP products. They have 23 mining swimming pools that customers can take part in. The additionally gives staking and crypto loans with a time period of as much as one hundred eighty days.

On their web website online, BKEX positions themselves as a expert and dependable alternate. They nation that they are “The first sunshine buying and selling platform”, with supervision and auditing from 0.33 parties. They additionally tout their secure, multi-sig and bloodless pockets storage.  The boasts an skilled crew and excessive buying and selling volume.

Bkex gives cellular apps for each Android and iPhone in addition to a web-primarily based totally buying and selling experience. While they function a worldwide alternate, their guide web website online is in Chinese, which may also show hard for global customers who talk and study some other language. They actually have a stay chat, which brings up a message in a combination of English and Chinese, however all the alternatives for what you want assist with are in Chinese.

Bkex Exchange Basic Points

Exchange NameBkex
Trading Fee0.15%
LanguageEnglish
Fiat DepositYes
Deposit FeesFree. Small deposit fees apply.
Easy To Use Yes
Security High
Maker feeN/A
Taker fee0.20%
Withdraw Fee0.0008 BTC
Customer Support Available At Ticket & Live Chat
Official SiteHomepage

How To Start ?

How To Sign Up At Bkex Exchange ?

bitfinex sign up button

It Is Very Easy To Sign Up At Bkex Exchange . Just Click On Sign Up Button At Bkex 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 Bkex Exchange ?

Once your Bkex 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 Bkex Exchange ?

Once your account is funded, you can then begin day trading at Bkex . 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 Bkex Exchange ?

Withdrawing your funds from Bkex 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.

How To Verify Id At Bkex ?

You Can Start Trading On Bkex Without Going Through The Verification Process, However, In Order To Trade Fiat Currencies For Bitcoin Or To Trade With Stablecoins, Id Verification Is Needed. Depending On The Account Type (Individual Or Corporate), The Exchange Can Require Additional Documents.

BKEX 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. Makers are so named because their orders make the liquidity in a market. Takers are the ones who remove this liquidity by matching makers’ orders with their own.

BKEX’s trading fee for takers is 0.20%. Makers enjoy a slight discount on the trading fee and they trade with a trading fee of 0.15%. These fees are below, or in line with, the industry average which has historically been 0.25% but is now creeping towards 0.10%-0.15%. 

BKEX Withdrawal fees

Another fee to consider before choosing which exchange to trade at is the withdrawal fee. The withdrawal fee is usually fixed (regardless of the amount of cryptocurrency units withdrawn), and varies from cryptocurrency to cryptocurrency. For BTC-withdrawals, this exchange charges 0.0008 BTC. This is quite exactly in line with the industry average. Global industry average BTC-withdrawal fee according to a study performed by us here at Cryptowisser.com is 0.000812 BTC per BTC-withdrawal.

Deposit Methods

The does not accept any deposits of fiat currency. This means that the new cryptocurrency investors (i.e., the investors without any previous holdings of cryptocurrencies) can’t trade here. In order to purchase your first cryptocurrencies, you need a so called entry-level exchange, which is an exchange accepting deposits of fiat currency.

Why Choose BKEX

Global new first-tier exchange

Realize ecological evolution through product innovationGlobal nodes aggregate flow.

The world’s leading liquidity

24-h trading volume ranked Top 3 many timesTrading products of different kinds.

The first sunshine trading platform

Supervision and audit from third-party institutions.

Secure

Multisignature and cold wallet for cryptocurrency storage.

Professional

Have over 10-year financial security risk management team and support API trading.

Stable

Global technical team, parallel and distributed technology and high-speed matching engine.

Tags: BkexBkex CryptoBkex Crypto Exchange ReviewGood Or Bad?
Bixer Simond

Bixer Simond

Bixer Is Long Term Writer & Editor At Woodfi . His Hobby Is Writing Article For Wootfi Visitors . His Main Focus Area Is Crypto , Affiliate , Blockchain , NEFT , ICO . In Free Time He Loves To Research New Things

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All content on Wootfi.com is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. For More Details Contact Us At - support@wootfi.com .