BiKi.com, based in Singapore, is a global crypto exchange that offers a digital asset trading platform with over 150 cryptocurrencies and 280 trading pairings. BiKi.com is said to be dedicated to offering the safest, most reliable, and most efficient bitcoin trading platform available. The buyback and burning of the platform token, BIKI, is funded entirely by transaction fees.
BiKi.com has been one of the world’s fastest-growing cryptocurrency exchanges since its official launch in August 2018, with over 2 million registered users, 200,000 daily active users, over 2,000 community partners, and 200,000 community members. Huobi co-founder Du Jun, Genesis Capital Zhu Huai Yang, FBG Capital, ChainUP, and others have invested a total of around ten million dollars in BiKi.com.
Chinese Influencer
BiKi also assists projects in gaining influence and brand awareness in China. Second, BiKi assists projects with community development and management by enlisting Chinese influencers with millions of followers who are active crypto traders to serve as the project’s local community ambassadors. BiKi also assists multinational projects in breaking into the Chinese market, and eventually into international markets. For Chinese ventures to access worldwide markets, the barriers to entry must be broken down.
Cryptocurrencies that are supported
Biki presently supports 281 cryptos, which is a big number. When it comes to supporting cryptos, it is among the top 20 exchanges in the world.
Advantages
BiKi advertises on its website that it uses global-standard security and has an international professional staff as some of its primary benefits. They also claim that their trading platform will provide you with the best trading experience possible (with high liquidity and optimal customer service).
Mobile support
The majority of traders use a desktop computer to trade. However, a significant number of consumers choose to invest in cryptocurrencies using their mobile devices. If you’re one of them, you’ll be pleased to learn that BiKi is also accessible as a smartphone app. It is offered on both AppStore and Google Play.
Trading View
Different exchanges have different perspectives on trade. There’s also no “this overview is the best” perspective. You must determine for yourself the optimal trading perspective. The order book, or at least a portion of the order book, a price chart of the chosen coin, and order history are all common features of the views. They usually have to buy and sell boxes as well. Try to look at the trading perspective before deciding on an exchange to ensure that it feels correct to you.
Trading fees
They do not impose different costs for takers and creators here. Instead, they use a pricing structure known as a “flat fee model.” This means that in a deal, both takers and manufacturers pay the same fees. This threshold represents 0.15 percent for this exchange. Trading fees of 0.15 percent are lower than the industry norm (about 0.25 percent), giving this platform a competitive advantage.
Withdrawal fees
When you withdraw BTC from Biki, you will be charged a withdrawal fee of 0.0005 BTC. This is in line with the industry norm, if not somewhat below it. The global industry average BTC withdrawal fee was around 0.0006 the last time we completed a full-blown empirical analysis on it at Cryptowisser. However, as more and more exchanges charge 0.0005 BTC for each BTC withdrawal, it might be argued that 0.0005 BTC is becoming the new industry standard.
0.0005 BTC is a nice withdrawal fee in any case.
Deposit methods
Because this exchange only accepts cryptos as a deposit method, novice crypto investors are unable to trade here. If you are a novice crypto investor and want to start trading on this exchange, you must first purchase cryptos on another exchange and then deposit them here as a second step.
