BKEX exchange calls itself a leader among first-tier cryptocurrency trading platforms, but reviews on various crypto forums are unfavorable. Moreover, their actual trading volumes, security features, liquidity amount, and reliability fall short of their promises. Nevertheless, BKEX is one of the well-known cryptocurrency exchanges. It provides the easiest way to get started in the crypto world.
SummaryBKEX was established in the year 2018. Headquartered in the British Virgin Islands, the exchange initially operated solely as a peer-to-peer margin payment network for Bitcoin. But, now, It is a prominent digital asset trading platform. It provides its services to approximately 2 million users in more than 208 countries worldwide. Currently ranked 29th globally, traders can use it to buy and sell cryptocurrencies. It calls itself a leader among first-tier Cryptocurrency exchanges. But, BKEX reviews and ratings available on various crypto forums are not very satisfactory.
VISIT BKEX BKEX ReviewAlso Read: Kanga Exchange Review: Is it Scam or Legit?
Products and Services Offered By BKEXThe exchange supports almost all the popular digital coins and tokens. It is supported in markets of a large number of countries worldwide. Traders have the option to diversify their funds. But, some countries have restricted their services because of scammers.
The exchange claims to be a top destination that ranks third worldwide in transaction volume. But, this claim has been disputed by many industry insiders. Most traders claim that the exchange is a scam and it is not regulated by any established authority. On its website, BKEX positions itself as a professional and reliable exchange. They say that this is under supervision and auditing from third parties.
What is BKK?BKEX has a digital token called BKK, too, that traders can buy and trade on its platform. In addition, BKEX’s website publicizes itself as a highly secure platform with offline multi-signature cold storage wallets to protect from digital fraud. But, many traders have claimed to have been unable to withdraw funds from their wallets.
BKEX Review: How does BKEX Work?Also Read: BigONE Exchange Review: Is it Scam or Legit?
BKEX Review: User ExperienceThe BKEX interface offers profound simplicity, which allows you to navigate it without difficulty. It is also an intuitive platform and makes a wide range of trading tools available for pro-traders. Although the interface contains many advanced tools for professional traders, the interface’s simplicity makes it simple to navigate. In addition, it provides many other features that make their trading experience more convenient. For example, the user interface includes balance, order book, open orders, trade history, candlestick price structure, and view charts in different time frames. In addition, it provides many other features that make their trading experience more convenient.
BKEX Review: Customer SupportWhile BKEX serves as an international exchange, its support site is in Chinese. A customer support system is available round the clock through live chat, support tickets, and various social media. Customers from all countries are welcome, except the United States, Cuba, North Korea, Pakistan, Venezuela, Iran, Syria, and Crimea.
BKEX Review: SecurityFor logins and withdrawals, the exchange provides 2-factor authentication. Unfortunately, the exchange had been hacked several times despite the so-called “strong” security measures. Many major hacking attacks occurred between May of 2015 and August of 2016. Due to these attacks, many investors lost their precious cryptocurrency balances.
BKEX Review: FeesThe trading or handling fees charged are usually low and per industry standards. In addition, the platform does not charge any deposit fee. The withdrawal fees vary from one crypto to the others. For example, for Bitcoin, the withdrawal fee for a single transaction is 0.0008, and for Bitcoin Cash, it is 0.0001, and so on.
SIGN UP AT BKEX! BKEX Review: Pros and Cons ConclusionIf you are a non-US extensive trader or want to trade large amounts of cryptocurrency, BKEX may be a great option. However, the lack of simple deposit methods, combined with the complicated interface, will almost certainly require additional time to master your skills.
VISIT BKEX Frequently Asked Questions 1. Is BKEX trustworthy?On its website, BKEX considers itself as a professional and reliable exchange. They state, “The first sunshine trading platform,” with supervision and auditing from third parties.
2. Who owns BKEX?Operated by BTC King Technology Co., Ltd (Registered address: British Virgin Island; Registration Code:1978707), BKEX is the first community-consensus digital assets trading platform in the world.
3. Is BKEX a reputed Crypto platform?It claims they are the third-largest exchange in transactions, but this is proven untrue from all shared BKEX reviews.
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