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Review on BKEX by Mehdi hazni

Review of BKEX cryptocurrency exchange

Bkex exchange has been operating since 2018. In this year, many large exchanges stepped into the arena. Honestly I have not used this exchange before today and I did all my research today.

Overview of BKEX

Bkex exchange has more than 1.5 billion dollars daily trading volume according to coinmarketcap. At the time of writing this review, the exact figure: $1,763,690,386.99

I was surprised to see this number! It is interesting to know that the famous kucoin exchange has a smaller daily trading volume and now the daily trading volume of the kucoin exchange is about 1.1 billion dollars. That is, about half a billion dollars less than bkex exchange.

img 1 attached to BKEX review by Mehdi hazni

According to CMC, this exchange only has 663 active pairs in the spot sector. This number is very high and it includes all valid and popular currencies. So you can register in bkex without thinking about making a basket of all kinds of cryptocurrencies. Also, the positive point of bkex is that the list of worthless currencies has been largely avoided.

img 2 attached to BKEX review by Mehdi hazni

BKEX exchange website

To be honest, the design of the bkex exchange website is one of the best website designs I have ever seen. Despite the use of a white color theme in the background, the appearance of the website is quite professional.

img 3 attached to BKEX review by Mehdi hazni

Of course, I had a problem with the website during the review, and when I went to another tab in the browser, it took a few seconds to be able to view the website again, and it also had a lag and somehow hung. I tried this again and every time I went from one tab to another, the problem was observed again. My browser during this review was Google Chrome.

The conditions of registration in BKEX

Registration at BKEX was one of the easiest registrations. Registration can be done both by mobile phone and by email, and in each method, only 2 fields should be filled. Choosing a password for an account in this exchange is not strict and does not have complicated conditions. It is also prevented from choosing very simple passwords.

img 4 attached to BKEX review by Mehdi hazni

To confirm the correctness of the email address or mobile number, a code will be sent to the mobile phone or email at the same time of registration and will be confirmed through it.

My bkex registration was done in less than 1 minute and that's pretty cool.

Deposite cryptocurrencies on BKEX

Be cautious if you intend to deposit cryptocurrency in BKEX. Because in this exchange, a minimun has been set for deposite. So when you receive the address, like me, check the red box that I specified to know deposite. Of course, this minimum is not so high and for btc this number is 0.001BTC, which is about $23 at the current price.

img 5 attached to BKEX review by Mehdi hazni

Fortunately, the fee for deposits in this exchange is not set, so you can do this without worrying about it.

Withdrawal cryptocurrencies on BKEX

There is a limit for withdrawing currencies for each level of user account. This means that by performing authentication procedures, this limit can be reduced and more amounts can be withdrawn from the BKEX exchange daily. Fortunately, the limit of users who have not authenticated is not high and they can withdraw 2BTC or its equivalent from this exchange daily.

There is a minimum limit for withdraws as well as deposits. This limit is 25USDT for Tether and 0.001BTC for Bitcoin. The withdrawal fees in this exchange are reasonable. For Bitcoin, the fee for withdrawing through the BTC network is 0.0005, which is about $12. For USDT currency through the TRX network, it is $1, which is the same fee as many exchanges.

img 6 attached to BKEX review by Mehdi hazni

Spot section

The spot section in this exchange is like other exchanges and generally two types of Spot and ETF are provided. As I mentioned in the first review, this exchange has 636 pairs based on CMC, which is a great variety.

There are three options for trading in this section: limit order, market order, and stop-limit order. These three sections are in almost all cryptocurrency exchanges.

img 7 attached to BKEX review by Mehdi hazni

Futures section

The Futures section has become one of the necessities of the cryptocurrency exchange today because it has many fans. BKEX exchange also has this section. There is only one version of futures trade in this exchange (in some exchanges, one version for amateurs and another for professionals are placed separately)

In this exchange, it is possible to determine the coefficient from 2 to 100, which users can determine according to their risk tolerance.

img 8 attached to BKEX review by Mehdi hazni

BKEX Global app for iOS version

I downloaded the app of this currency and upon entering it showed me some simple settings to make the app space more private, which seemed attractive.

There were no hang problems when browsing the app that I saw when checking out the website.

I liked the appearance design of the application space like the appearance design of the website, and at the same time, it is designed professionally.

The menu of the application is also like many other big exchanges and this familiar feeling makes it easy to work with it. This application has 5 main menus, which include BKEX (main page), Markets, Trades (for spot trading), Futures and Assets.

img 9 attached to BKEX review by Mehdi hazni
img 10 attached to BKEX review by Mehdi hazni

Pros & cons

  • Daily trading volume of the exchange is excellent.
  • High number of active pairs in the Spot section.
  • Excellent website design
  • Easy and hassle-free registration
  • Ability to withdraw currencies without authentication up to 2BTC per day
  • The mobile application is excellent and can be used without any problems.
  • Reasonable fees for currency withdrawal
  • Trade in Futures with a multiplier of 100.
  • Hangs when I switch tabs for a short time.
  • A minimum is set for deposits, which is not very good.
  • There is no lite version of Futures for amateurs.

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