Registered in the Cayman Islands, Bitcoke Cryptocurrency Exchange is a Hong Kong-based one-stop crypto trading platform, featuring Quanto swap perpetual contracts. They are committed to combining trading prowess with characteristics of the crypto market, so as to provide a transparent, professional, and user-friendly experience for customers, meanwhile meeting the diversified requirements from various investment entities such as retail customers, professional traders, investment institutions, etc.
The founding team consists of famed professionals in finance and blockchain venture capital. The CEO has served as the director of proprietary trading in a renowned investment bank and possessed extensive operation and management experience in the financial sector. The technical partners are experts in the field of high-frequency trading systems, responsible for developing a high-frequency trading system of Merrill Lynch before joining Bitcoke.
The CTO and IT team members are former staff of Google, Credit Suisse, Merrill Lynch, Morgan Stanley, and other tech companies. They are deft at the trading system, settlement, risk management. The Chief Product Manager, prior to current positions, was a derivatives trader in a famous hedge fund and lead a quantitative team with high-performance records.
To Start Trading With Bitcoke CryptocurrencyExchangeIndian Residents First Have To Sign Up For An Account By Following The Steps Below.
Step 1. Click On The “Login/Signup” Link On The Top Right Hand Corner Of The Bitcoke Exchange Website.
Step 2. In The Form, Fill In Your First Name, Last Name, Mobile Number, Email ID And Password.
Step 3. If You Have A Referral Code, Enter The Code While Creating Your Account.
Step 4. Submit The Form And Wait For An Activation Email To Be Sent To You.
Step 5. Click On The “Confirm Email” Link In The Activation Email.
Step 6. After Your Account Is Activated, You’ll Be Sent A 6 Digit One Time Password (OTP), Which You Have To Enter After Logging Into YourBitcoke CryptocurrencyExchange.
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’s 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 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.
Bitcoke Cryptocurrency 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.
This platform is not only available from your desktop, you can now also access it via your mobile. It is “multi-terminal”. Most traders in the crypto world today carry out their trades via desktop (around 70% or so). However, there are naturally people out there that want to do it from their smart phone as well. If you’re one of those people, then this platform can still be for you.
Why Choose Bitcoke Cryptocurrency Exchange
Support any crypto as margin to conveniently trade all contracts available.
Match trading by system memory, able to execute million level TPS transactions.
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One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.