Bikingex Exchange Review 2024: Features, Fees, and Security Overview

In this article, I’m going to cover Bikingex which is one of the most used cryptocurrency exchange with a simple interface, copy trading, spot trading and trading futures.

Bikingex is a safe and easy to use platform for both inexperienced and skilled traders as they offer great features, low costs and proper safety which leads to a reliable trading environment.

About Bikingex?

Bikingex actually refers to BiKing Exchange. This exchange is very well-known because of its services and is located in Singapore.

It also provides spot trading, futures trading, as well as management of digital assets.

The platform has a reputation for its expediency of transaction completion, low slippage, and high liquidity, which make it popular among traders across the globe.

All members of Bikingex have their assets protected almost at a bank level as well as receive support from the support team 24/7.

Bikingex Exchange Overview

How to Sign Up on Bikingex Exchange?

To register on Bikingex Exchange, here are the procedures:

Go to the page: Open Bikingex official website.

Press “Register”: Locate the Register button, in most instances, on your left-up corner.

Select Mode of Registration: Decide on either using your email address or your mobile phone to register.

Provide Registration Information: Fill in and provide necessary requirements like email or mobile number and password.

Check Your Letter Box: Repeat the verification process in the message or email you received.

Log In to The Specific Page: After the account has been confirmed, start using Bikingex Exchange by logging in.

Would you want more information on a particular step or wish to get information regarding the Bikingex Exchange platform?

Bikingex Trading Fees

Currency Deposit and Withdrawal

In this section, they will discuss the different methods of depositing and withdrawing money from this Exchange:

Bikingex Exchange deposit

Currently, this Exchange does not allow fiat currency deposits. However, you can deposit cryptocurrencies like Bitcoin, Ethereum, Tether, and USD Coin into Bikingex wallet from other wallets.

The procedure is pretty simple: First, log into your Bikingex account. Then click ‘Withdrawal’.

After that, select the asset you wish to deposit. The minimum deposit set i.e. amount of 1 Tether (also referred to as USDT) bears one-to-one link with USD, thus making it worth US dollars.

Then, you can either enter the address of your wallet manually or scan the QR code on the withdrawal platform.

So far, the following assets have been allowed for deposits into the Bikingex exchange: ETH, TRX, BSC, OMINI, FIL, HECO, SOL, XRP, CELO, TERRA, POLYGON, NEAR, and ARBITRUM.

Payment operations normally take 10 to 60 minutes for network nodes’ confirmation before the assets are transferred into your account.

Taking Money Off Bikingex Account

To take money off the Bikingex account the steps involved are the same as those used in making deposits.

The steps are slightly altered; however, in this case, when you open the account, you select the “withdraw” menu.

From the relevant platform which I want to withdraw funds from to transfer to Bikingex account, I capture or paste the address of the wallet or I scan the QR code.

The last thing that you are required to do is select the amount you wish to take off and that is it: you have to finish by clicking the “Confirm” button. The minimum withdrawal amount is 15 Tether (USDT).

The time taken by the assets to reflect in the user’s account after making a withdrawal request is somewhere between 10 and 120 minutes on average.

At the same time, unverified people can take off a maximum of $50,000 once in a period of 24 hours.

Taking the verified terms into consideration, the applied restriction shifts to $1 million USDT within 1 day.

Bikingex Restricted countries

BingX’s services are not available to residents of the following countries or regions: Canada, Mainland China, Hong Kong SAR, Macau SAR, Netherlands, Singapore, United States (including all US territories), United Kingdom, any country that is designated as a restricted country under BingX’ AML/CTF policy.

What currencies does Bikingex support?

The centralized exchange supports over 700 cryptocurrencies and over 700 trading pairs.

The most popular crypto assets on the platform include BTC, ETH, XRP, SOL, LTC, DOGE, etc.

Who founded Bikingex?

Lee is the founder and general manager of Bikingex. He has been deeply involved in traditional finance and the Internet industry for many years.

He has rich entrepreneurial experience and entered the crypto industry in 2013, inspired by the spirit and culture of fairness, democracy, cross-country and regional cooperation, inclusiveness and self-motivation.

Since its inception, Bikingex has been committed to creating a social trading platform that allows more people to easily enter the crypto trading world.

How Many Types of Trading Options Available

Bikingex Exchange provides opportunities to traders depending on their preferences and their style of trading:

Spot Trading: Users simply buy and sell cryptos at the current market price.

Perpetual Futures: These are the contracts which are built in such a way that there is no end date after which the user cant use the contract while also allowing the user to choose leverage options.

Quick Contracts: These trade contracts are similar to perpetual contracts but they get executed quicker with a lesser amount of slippage.

Bonus Trading: One of the trading modes in which participants earn bonuses through the performance of specific activities and tasks telling the platform.

Web Wallet: A non custodial wallet solution for storing and controlling your digital assets.

These options give room to both new as well as seasoned traders to practice their various strategies.

Bikingex Exchange Features

Low Trading Fees

Established traders or those who trade on a big scale get offered low commissions rates on premiums, futures trading and even spot trading.

Advanced Trading Tools

Provides users with automated trading strategy that has advanced features such as real time charts, indicators and even the useful API.

Security Measures

Includes tools such as two-factor authorization (2FA), cold wallet for storage, or encryption providing sufficient scal protection for user’s assets.

Staking and Earn Programs

Any yield or staking programs will enable the users to use them for earning residual coins and those income earning coins passively.

Global Accessibility

A multi purpose platform where users can pay using fiat and use it in any part of the world speaking any language they prefer.

Bikingex Exchange Safe

Yes, Bikingex Exchange is indeed safe and secure for cryptocurrency trading. It protects users by incorporating advanced security features such as 2FA, encryption, and cold wallet storage.

Such hacks such as these are always dangerous, however, the platform is always on the offensive by doing security audits at regular intervals.

Even though no exchange is completely devoid of risk, BingX’s seriousness about security and their users’ protection places this exchange among the safest options for any trader across the world.

Bikingex Exchange App

The Bikingex Exchange app is available for iOS and Android. This app supports spot trading, futures trading, and copy trading which makes it easy for all users to execute trades on the exchange.

By verifying the user’s identity using 2FA, the app allows for smooth and efficient market trading. At the same time, all users can quickly get updated charts at any time.

Bikingex Customer Support

Bikingex support services are very reliable and are available around the clock. These professionals can be contacted through live chat, email support or through a support center containing answers to commonly asked questions and guides.

Timely responses concerning trading, account, or technical issues are guaranteed which are quite prompt.

The availability of customer support that is quite concerned and responsive from Bikingex boosts the trust and satisfaction of the users.

Bikingex Exchange Alternatives

Bitget

Adds support through several kinds of contracts to trade BTC and ETH in its crypto derivatives exchange market.

Bybit

A quickly expanding exchange having more than 2 million users which offers a market for instant buying/selling and bots goals of earning various contracts.

MEXC

Offers instant trading of a wide range of cryptocurrencies on a secure and reliable trading platform.

Coinbase

High level of security and an easy to use interface which can accommodate both novice and seasoned traders.

Kraken

Reliable service provider that has a well built security system and multiple cryptocurrencies available.

Conclusion

To sum it up, Bikingex Exchange is a flexible and intuitive platform suitable for novice users as well as professional traders.

Offering spot trading, trading futures, and – most importantly – copy trading, Bikingex definitely makes crypto trading easy but provides enough tools for the specialists.

They also offer a good mobile application, strong security, and 24/7 customer support which makes the platform even more interesting to use.

If you want to buy and sell on your own or want to copy professional traders, Bikingex is a safe place to trade cryptocurrencies.