The BKEX crypto exchange is a centralized platform (CEX) for trading digital currencies. Founded in 2018, it offers spot and derivatives markets, P2P and margin trading. Additionally, users can stake assets and access API tools.
BKEX is available in more than 100 countries. Some regional restrictions may apply. You can find information about the current and historical BKEX trade volume and market capitalization above. Trading is accessible on desktop and mobile devices.
Markets
The BKEX spot exchange supports crypto-crypto trading only. Margin trading is enabled. The main products on the derivatives market are perpetual futures contracts which are USDT-margined and can be traded with up to 100x leverage. The Crazy Futures product supports up to 500x leverage.
In addition to the spot and derivatives markets, users can also engage in P2P trading. The platform provides one-click trades on offers placed by the users themselves. Additionally, tri-party trading using debit and credit cards as payment gateways is offered. There are no additional BKEX exchange fees for these services.
Such fiat currencies as THB, USD, EUR, AUD, GBP, and RUB are supported by BKEX. Besides that, customers can trade with stablecoins like Tether (USDT). The platform has over 600 BKEX trading pairs, amounting to more than 560 digital assets.
Like many cryptocurrency exchanges, KBEX has its native asset, the BKEX Chain token (BKK). It can be used for staking or blockchain governance. You can learn more about the BKEX crypto price and asset volume here.
The BKEX exchange fees are fixed, meaning that spot and derivatives traders pay a flat rate depending on their order. The maker-taker model is used to determine the rates. For spot traders, the maker-taker handling fees are 0.15% and 0.2%, respectively. The perpetual contracts rate is fixed at 0.05% for both makers and takers.
There are no BKEX crypto fees on deposits. Each listed cryptocurrency has a set transaction fee. The fees are dynamic and may change based on market conditions. Additionally, the minimum and maximum withdrawal amounts may vary based on the selected asset.
Other Services
Aside from the BKEX cryptocurrency exchange, users can access additional financial services, such as staking. The platform also offers a Referral program that can provide the referrers up to 30% commission.
BKEX Earn is a mining-and-earning program. Users can select one of the available contracts and provide liquidity to the exchange. The Smart Pool program offers four contract types:
- Current mining
- Flexible mining
- Regular mining
- New Coin mining
A current mining contract provides daily mining rewards. With a flexible mining contract, users can select when they want to receive their earnings. Similarly, staking contracts can be flexible or fixed. If the contract enters its unstaking period, the generation of mining earnings is halted.
Developers can access the BKEX crypto exchange's API documentation. It's an open-source tool that provides access to live market data, order and transaction queries, and other instruments used by the platform. The documentation is continuously updated with patches and new features.
About the Company
The BKEX crypto exchange was founded in China by Ji "Lion" Jingyan in 2018. Jingyan is the current CEO of the company. Due to the strict Chinese crypto regulations, the company headquarters are registered in the British Virgin Islands.
In May 2022, the BKEX cryptocurrency exchange was listed as one of the candidates to be vetted by Digital Asset Research. The company provides quantitative and qualitative data regarding the performance and legitimacy of crypto exchanges.
In July 2022, the company reported record growth in the derivatives markets. It was recorded that the average daily BKEK volume was estimated at $1.8 billion, peaking at $3 billion that month. The numbers were at an all-time high at the time.
