Founded in 2017, BKEX is a multi-cryptocurrency Exchange platform with headquarters in Vancouver, Canada. It is a project of Biomass Exchange Co Ltd, where users can trade (buy/sell) cryptocurrencies between each other on the platform. Deposit fees are free of charge as well as the maker-related fees.
BCEX is an exchange based in Hong Kong. There are loads of coin exchanges from Hong Kong. Hong Kong is in a way the Mecca of cryptocurrency trading. A non-exhaustive list of competitors to this exchange on its home turf is Binance, Bit-Z, KuCoin and BitFlip.
BKEX also has a futures exchange and a decentralized exchange within the company group that BCEX belongs to. They also list a few other well-known names on their website as partners. They have not examined any further in what way BCEX have partnered with the following companies.
|Number of currencies handled
||Over 71 types
How To Start With BKEX
To start trading with BKEX , Indian 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 BKEX 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 your BKEX account
Step 7. The next step is to complete your Know Your Customer (KYC) verification, for which you need to upload soft copies of your Permanent Account Number (PAN) and your Aadhaar ID card.
Step 8. BKEX Promise that they carry out KYC verification within the same day of the uploading soft copies of relevant documents.
Unfortunately for new cryptocurrency investors, BCEX does not accept any other deposit method than cryptocurrencies. This means that if you don’t hold any crypto and want to start trading here, you need to first purchase cryptocurrency elsewhere and then – as a second step – deposit such cryptocurrencies at BCEX. To find the best cryptocurrency exchange site for you where you can buy your first cryptos, use our Exchange Finder and we’ll guide you through it.
BCEX Trading fees
The fees at any exchange are very important to consider. BCEX’s trading fees are different from most other top crypto exchanges in the sense that it does not charge different fees for takers and makers. Instead, it charges fees based on whether you are a buyer or a seller. It is only the sellers who pay trading fees. BCEX’s fees for sellers is 0.20%. Accordingly, if you are only looking to buy crypto and not sell, this trading fee structure is perfect for you. Maybe it even makes this exchange the best cryptocurrency exchange site for you.
Fee for Withdrawal：
||Single minimum withdrawal amount
||Single maximum withdrawal amount
||24H maximum withdrawal amount
The purpose of this website is to provide professional international-standard trading platform and financial products to the digital asset enthusiasts and investors all over the world as much as possible without violating relevant aws and regulations of the UK. It is forbidden to use this website for any illegal trading activity such as money laundering, smuggling, commercial bribery, etc. If any such activity is found, the website will freeze the account and report it to the authorities immediately.
When requested by the competent authority with corresponding investigation documents to assist in the investigation of designated users or to seal, freeze, transfer their accounts, this website will provide relevant data accordingly or take the appropriate action. This site is not responsible for the leakage of user privacy, the inability of user account, or loss caused by the investigation.
Average trading fees
The industry standard 0.20% fee is applied to market takers at BKEX . A “taker”, is a trader who buys or sells at the best available price, instantly. The opposite of this is a market “maker”, who simply places an order in on the exchange (available for others to take). There are no fees for market makers.
No deposit fees –
more and more of the exchanges which don’t accept fiat currencies have started implementing this policy and this one follows suite. That being said a blockhain fee will be in place, depending on the cryptocurrency you transfer.
Solid selection of altcoins
there are a lot of coins available at BCEX. The more notable ones are: Bitcoin, Ethereum, Ethereum Classic, Litrecoin, Ripple, NEO, Steallar Lumens, Zcash, Dogecoin and Qtum. That being said there are a lot of less popular ones. All the trading is done aginst BTC, ETH, CNET and CK.USD (more on that later on). A section for the most popular fork-coins is also present.
Operated by BTC King Technology Limited, BKEX is first blockchain derivatives service on digital assets in the world. (Registration Address: British Virgin Islands; Registration Number: 1978707)
This agreement is made by and between you and operator of BKEX and has the legal effect as a legal contract. The operator of BKEX means the legal entity that, recognized by law, operates the networking platform. Please refer to the company and license information at the bottom of the website of BKEX for the information regarding the operator of BKEX.
The operator of BKEX may be referred to, individually or collectively, as “BKEX Limited” in this agreement. “BKEX” means the networking platform operated by BKEX, including but not limited to the BKEX website, with the domain name of BKEX.com, https://www.bkex.com, which is encrypted.
BKEX Customer Support
You can get access to customer support at BKEX through a customised ticket system. To raise a query, enter your name, email address, write a brief description and one of the listed categories in a drop-down menu and submit the ticket.There is also a frequently asked questions (FAQ) section which addresses most basic queries. In addition, you can send an email at [email protected]BKEX .
The Information Presented Here Does Not Constitute Investment Advice Or An Offer To Invest. The Statements, Views, And Opinions Expressed In This Article Are Solely Those Of The Author/company And Do Not Represent Those Of Coinworldstory. We Strongly Advise Our Readers To Do Your Own Research (DYOR) Before Investing In Any Cryptocurrency, Blockchain Project, Or Ico, Particularly Those That Guarantee Profits. Furthermore, Coinworldstory Does Not Guarantee Or Imply That The Cryptocurrencies Or Projects Published Are Legal In Any Specific Reader’s Location. It Is The Reader’s Responsibility To Know The Laws Regarding Cryptocurrencies And Icos In His Or Her Country. Please Respect Your Country Law & Take Advice From Your Advisor .