BKEX

Overview of BKEX

BKEX Exchange has rapidly become a significant presence in the cryptocurrency trading field. It offers a wide array of digital assets, including mainstream and emerging cryptocurrencies, along with diverse order types like market, limit, and stop - loss orders, and provides leveraged trading options. Security is emphasized through multi - factor authentication, cold wallet storage, and 24/7 monitoring by a professional team. The exchange also offers round - the - clock customer support. Its advantages include rich asset diversity for portfolio diversification, an intuitive interface for easy navigation, and advanced trading tools for informed decision - making. However, it faces challenges such as regulatory uncertainties due to varying cryptocurrency regulations across regions and intense competition from both established and new exchanges. Overall, BKEX is a promising platform, and its adaptability and innovation will be vital for long - term success in the evolving cryptocurrency market.

Pros and cons

Regulatory Authorities

BKEX is regulated by the Financial Crimes Enforcement Network (FinCEN), which operates as a bureau within the U.S. Department of the Treasury. However, the regulatory status of BKEX is exceeded. Currently, BKEX holds an Exclusive License No. 31000177700460.

Security

BKEX has a number of security features in place to protect its users' funds. These include:

• Cold storage: The majority of BKEX's user funds are stored in cold storage, which means they are offline and not connected to the internet. This makes them much less susceptible to hacking attacks.
• 2-factor authentication (2FA): 2FA is a security feature that requires users to enter a code from their phone in addition to their password when logging in. This helps to prevent unauthorized access to accounts.
• Anti-phishing measures: BKEX has a number of anti-phishing measures in place to protect users from phishing attacks. These include warning users about suspicious emails and links, and providing a secure way to report phishing attacks.
• Bug bounty program: BKEX has a bug bounty program that rewards security researchers for finding and reporting vulnerabilities in the exchange's platform. This helps to keep the exchange secure by identifying and fixing potential security issues.

In addition to these security features, BKEX is also regularly audited by third-party security firms. This helps to ensure that the exchange's security measures are effective and that user funds are safe.

Overall, BKEX has a strong security focus and takes a number of steps to protect its users' funds. However, it is important to note that no exchange is completely immune to hacking attacks. Users should always take steps to protect their own accounts, such as using strong passwords and enabling 2FA.

Cryptocurrencies available

Here are the cryptocurrencies available on BKEX in paragraphs:

• Bitcoin (BTC) is the most popular cryptocurrency in the world. It is a decentralized digital currency that was created in 2009. BTC is traded on most major exchanges, including BKEX.
• Ethereum (ETH) is the second most popular cryptocurrency in the world. It is a decentralized platform that runs smart contracts. ETH is traded on most major exchanges, including BKEX.
• Tether (USDT) is a stablecoin that is pegged to the US dollar. USDT is used to trade other cryptocurrencies on exchanges like BKEX.
• Litecoin (LTC) is a fork of Bitcoin that was created in 2011. LTC is faster and cheaper than BTC, and it is traded on most major exchanges, including BKEX.
• XRP is a cryptocurrency that was created by Ripple Labs. XRP is used to facilitate cross-border payments, and it is traded on most major exchanges, including BKEX.
• Bitcoin Cash (BCH) is a fork of Bitcoin that was created in 2017. BCH has a larger block size than BTC, and it is traded on most major exchanges, including BKEX.
• EOS is a blockchain platform that was created in 2017. EOS is designed to be a decentralized operating system, and it is traded on most major exchanges, including BKEX.
• Tron (TRX) is a blockchain-based operating system that was created in 2017. TRX is used to power the Tron ecosystem, and it is traded on most major exchanges, including BKEX.
• NEO is a blockchain platform that was created in 2014. NEO is designed to be a platform for smart contracts, and it is traded on most major exchanges, including BKEX.
• ONT is a token that is used to power the Ontology blockchain platform. Ontology is designed to be a platform for decentralized identity and data, and it is traded on most major exchanges, including BKEX.

Services

BKEX provides a comprehensive suite of services, offering users various tools and opportunities for diversified engagement within the cryptocurrency ecosystem.

1. P2P Trading:

BKEX facilitates P2P trading, connecting users with premium merchants for seamless transactions. The platform ensures matching users with merchants based on their preferred cryptocurrencies and payment methods, simplifying the overall transaction process.

2. Tri-Party Crypto Trade:

The Tri-Party Crypto Trade enables users to purchase digital tokens like BTC, ETH, and USDT using Visa Debit. Transactions are conducted through the Advcash channel, and once completed, the bought crypto is automatically transferred to the BKEX account.

3. Express:

Express automates the selection of crypto transactions by recognizing digital assets and payment methods, automatically matching users with the correct merchants. This streamlines the process, saving users the time and effort of finding suitable merchants manually.

4. Spot Trading:

Spot Trading on BKEX allows users to place limit orders, market orders, and trigger orders. The platform provides a Trading View chart with tools like Relative Strength Index (RSI) and Moving Average (MA) to analyze market trends for different cryptocurrencies.

5. Perpetual Trading:

BKEX's Perpetual feature enables users to engage in perpetual contracts with a maximum leverage of 100x, using USDT as the margin for contract trading.

6. Derivatives Copy Trade:

Users can follow industry-grade experts through Derivatives Copy Trade, allowing them to replicate expert traders' orders, close positions, and learn from successful strategies.

7. BKEX Earn:

BKEX Earn offers diverse services, including Smart Pool, Staking, Hashrate mining, and Fixed Income, providing users with opportunities for stable high income through digital token investments.

8. Express Mining:

Part of BKEX Earn, Express Mining allows users to earn daily rewards by choosing from over 20 mining pools, engaging in Short-term Mining, Fixed Mining, Launchpool, and Flexible Mining.

9. New Sheik Plan:

BKEX's New Sheik Plan offers rewards and incentives to community leaders, including discounts, exclusive gifts, VIP perks, and the opportunity to alpha test new projects. Users must meet specific criteria, such as holding 200,000 BKK, having a community of at least 300 members, or a social media presence of over 2000 followers.

BKEX APP

BKEX is a digital asset trading platform that offers a wide range of features for professional traders. It includes a variety of trading pairs, charting tools, and technical indicators. It also has a strong focus on security, with a multi-signature cold wallet and a distributed parallel technology matching engine. The BKEX app can be downloaded from the App Store or Google Play.

Here are the steps on how to download the BKEX app:

• Go to the BKEX website.
• Click on the “Download” button in the top right corner of the page.
• Choose whether you want to download the app for iOS or Android.
• Follow the instructions to install the app on your device.

Once the app is installed, you can create an account and start trading.



How to open an account？

To open an account with BKEX, follow these steps:

• Visit BKEX's Official Website: Go to the official website of BKEX at https://www.bkex.io/.
• Click on “Register” or “Open Account”: Look for the “Register” or “Open Account” button on the homepage and click on it to begin the registration process.

• Choose Account Type: BKEX offers various account types, such as Standard, Cent, Shares Account, and more. Select the account type that suits your trading preferences and needs.

• Provide Personal Information: Fill in the required personal information, such as your full name, email address, phone number, and country of residence.
• Complete Verification: Follow the verification process to confirm your identity and comply with regulatory requirements. BKEX may request documents such as ID, proof of address, and other verification documents.
• Agree to Terms and Conditions: Read and accept BKEX's terms and conditions to proceed with the account opening.
• Deposit Funds: After successfully opening the account, you will need to deposit funds to start trading. Choose from various deposit methods provided by BKEX, such as bank transfer, credit/debit cards, or e-wallets.
• Start Trading: Once your account is funded, you can access BKEX's trading platforms (e.g., MetaTrader) and start trading various financial instruments, including forex, cryptocurrencies, commodities, and more.

How to Buy Cryptos？

How to Buy Cryptos on BKEX: A Step-by-Step Guide:

Step 1: KYC Verification

Begin by completing the Know-Your-Customers (KYC) process on BKEX. There are two verification steps: Basic Identity Verification, where users scan both sides of a government-recognized ID, and Advanced KYC Verification, recommended by BKEX, which involves users taking a photo holding the ID. After completing verification (approximately 48 hours), move on to the next step.

Step 2: Select Cryptocurrency and Payment Method

Once KYC is verified, users can choose the cryptocurrency they want to buy. Type in the desired crypto and select the preferred payment method for the transaction. BKEX offers four payment options: Bank Card, AliPay, WeChat, and PayPal.

Step 3: Quick Buy

After selecting the digital asset and payment method, BKEX will automatically search and match the user with a premium merchant meeting all requirements.

Step 4: Transaction Completion

Once the transaction is finalized, and sellers confirm payment receipt, the digital asset will be automatically transferred to the user's P2P Account. This streamlined process ensures a secure and efficient experience when buying cryptocurrencies on the BKEX exchange.



Fees

Here are the fees of BKEX:

• Maker Fee: 0.1%
• Taker Fee: 0.2%
• Withdrawal Fee: Varies by cryptocurrency
• Deposit Fee: None
• The maker fee is the fee that you pay when you create a new order that is filled by an existing order on the order book. The taker fee is the fee that you pay when you take an existing order off of the order book.
• The withdrawal fee varies by cryptocurrency. For example, the withdrawal fee for Bitcoin is 0.0005 BTC, and the withdrawal fee for Ethereum is 0.005 ETH.
• The deposit fee is currently waived for all cryptocurrencies.
• BKEX also charges a fee for margin trading. The margin trading fee is 0.075% for both the maker and the taker.
• Here is a table that summarizes the fees of BKEX:

Fee Type	Fee
Maker Fee	0.10%
Taker Fee	0.20%
Withdrawal Fee	Varies by cryptocurrency
Deposit Fee	None
Margin Trading Fee	0.08%

Payment method

BKEX offers a variety of payment methods for both deposits and withdrawals, including:

• Bank Card: Bank card deposits and withdrawals are a convenient and secure way to transact on BKEX. However, they can take 1-3 business days to process.
• AliPay: AliPay is a popular Chinese e-wallet that can be used for both deposits and withdrawals on BKEX. AliPay deposits are typically processed instantly, while withdrawals can take 1-3 business days to process.
• WeChat: WeChat is another popular Chinese e-wallet that can be used for both deposits and withdrawals on BKEX. WeChat deposits are typically processed instantly, while withdrawals can take 1-3 business days to process.
• PayPal: PayPal is a popular global payment processor that can be used for both deposits and withdrawals on BKEX. PayPal deposits are typically processed instantly, while withdrawals can take 1-3 business days to process.

BKEX does not charge any fees for deposits. However, there may be fees associated with withdrawals, depending on the payment method. For example, there may be a small fee for withdrawing funds to a credit card.

The payment processing time for BKEX varies depending on the payment method. Bank transfers typically take 1-3 business days to process, while e-wallets are typically processed instantly.

FAQs

• Q: What digital assets does BKEX support？
• A: BKEX supports over 100 digital assets, including BTC, ETH, USDT, LTC, XRP, BCH, EOS, TRX, NEO, ONT and IOTA.
• Q: What are BKEX's trading fees？
• A: BKEX's trading fees are the lowest in the industry, at just 0.02%-0.05%.
• Q: How does BKEX safely store digital assets？
• A: BKEX uses multi-signature technology and cold-hot wallet separation storage to protect users' digital assets.
• Q: How does BKEX withdraw digital assets？
• A: BKEX supports users to withdraw digital assets through bank cards, Alipay and WeChat.