Singapore
|2-5 years
Suspicious Regulatory License|
Medium potential risk
https://www.biki.cc/en_US/
Website
Influence
C
Influence Index NO.1
Japan 2.90
Biz Area
Search Statistics
Advertising
Social Media Index
It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!
Website
Genealogy
Social Media
Trade Type
Keywords
Time Machine
White Paper
Related Software
Github
Related Docs
All Corps
New Arrival
Yesterday Vol
7 Days
Aspect | Information |
---|---|
Company Name | BiKi |
Registered Country/Area | Singapore |
Founded Year | 2018 |
Regulatory Authority | Unregulated |
Number of Cryptocurrencies Available | 100+ |
Fees | 0.1% fee for both market taking and making |
Payment Methods | Bank Transfer/Credit Debit Card/Crypto |
Customer Support | 24/7 online customer service |
Biki is a cryptocurrency exchange founded in 2018 and based in Singapore. It offers trading in over 100 cryptocurrency pairs including major coins like Bitcoin, Ethereum, and Litecoin against USDT. Biki has its own utility token called BiKi Token (BIKI) which provides discounts on trading fees. The exchange uses multi-layer and multi-cluster architecture to ensure high security and prevent DDoS attacks. The exchange is focused on the Southeast Asian market and has over 2 million registered users as of 2019.But this exchange is not subject to any regulation and does not hold any licenses.
Pros | Cons |
---|---|
Wide range of trading options | Not regulated by a regulatory authority |
24/7 customer support | Low leverage |
Secure infrastructure | Smaller altcoin selection |
BiKi implements various security measures to ensure the protection of user funds and data. Some of the security features and practices employed by BiKi include:
1. Two-Factor Authentication: BiKi supports the use of two-factor authentication (2FA), which adds an extra layer of security to user accounts by requiring users to provide an additional verification code.
2. Cold Storage: BiKi stores the majority of user funds in offline cold wallets. Cold storage helps prevent unauthorized access to funds as these wallets are not connected to the internet, making them less vulnerable to hacking and online threats.
3. SSL Encryption: BiKi employs SSL (Secure Sockets Layer) encryption to secure the transmission of data between users and the platform. This encryption helps protect sensitive information, such as login credentials and financial details, from being intercepted by malicious actors.
4. Anti-Money Laundering (AML) and Know Your Customer (KYC) Procedures: BiKi has implemented AML and KYC procedures to prevent illegal activities, such as money laundering and identity theft. These procedures require users to verify their identities and provide relevant documentation before engaging in trading activities.
Biki likely offers a full suite of cryptocurrency trading products and services to its users. At its core, the exchange probably provides spot trading, allowing users to buy and sell major cryptocurrencies like Bitcoin, Ethereum, and stablecoins at prevailing market prices. This spot market enables users to execute crypto trades and capitalize on volatility and price movements. Beyond basic trading, Biki seems to offer margin trading with moderate leverage of around 5x based on reviews, allowing traders to amplify profits, as well as over-the-counter (OTC) trades for conducting large block transactions.
The registration process on BiKi can be completed in the following steps:
Visit the BiKi website and click on the “Sign Up” button.
Enter your email address and create a strong password.
Verify your email address by clicking on the link in the verification email.
Complete the KYC verification process by providing your personal information and identification documents.
Biki charges a flat 0.1% fee for both market taking and making, which is competitive among top crypto exchanges.
Rate | |
---|---|
Taker fee | 0.1% |
Maker fee | 0.1% |
Biki supports both fiat and cryptocurrency deposits and withdrawals. Fiat options may include bank transfers and credit/debit cards with varying fees and processing times. Crypto transfers are likely free for deposits and charged small withdrawal fees depending on the coin, with fast processing times.
Deposit
Method | Currencies | Charges | Processing Time |
---|---|---|---|
Bank transfer | FIAT | Varies by bank | 1-3 days |
Credit/Debit card | FIAT | 3.5% + fees | Instant |
Cryptocurrency transfer | BTC, ETH, USDT, etc. | Free | <30 mins |
Withdrawal
Method | Currencies | Charges | Processing Time |
---|---|---|---|
Bank transfer | FIAT | Varies by bank | 3-5 days |
Cryptocurrency transfer | BTC, ETH, USDT, etc. | Varies by coin | <2 hrs |
BiKi is suitable for a variety of trading groups due to its diverse range of cryptocurrencies and trading features. Here are some target groups that may find BiKi particularly beneficial:
Experienced traders: BiKi offers advanced trading features such as futures trading and margin trading.
Active traders: BiKi's spot trading feature allows for quick and immediate buying and selling of cryptocurrencies.
Cryptocurrency enthusiasts: BiKi offers a wide range of over 200 cryptocurrencies.
2021-08-20 18:28
2021-08-16 20:37
2021-08-16 17:42
2021-07-08 15:13
3 ratings