|Overall Rating:||80 / 100|
|Trade Volume Ranking:||13|
|Type:||Spot, Futures, OTC|
|Official Site:||Visit BKEX Exchange|
|Advantages:||♦ Team members come from leading Wall Street quant firms and tech companies|
♦ Offers industry-first derivatives, options, volatility products and leveraged tokens
♦ Built for professional trading firms and intuitive enough for first-time users.
♦ significantly reduce the likelihood of clawbacks ever occurring by using a three-tiered liquidation model
♦ Backed by Alameda Research, a ~$100 million AUM quantitative cryptocurrency trading firm
Partnered with TUSD and USDC
♦ Support 14 languages
— History —
On May 9, 2018, BKEX was founded and incorporated in the British Virgin Island as a digital asset trading company by Lion Ji. The development team is located in China.
On July 2, 2019, Forbes reported that BKEX was copying Binance’s trading history and presenting the figures as their own to untruly earn customer trust.
On 21, August 2019, BKEX listed UIN on its platform.
On 26, August 2019, BKEX listed ADA and paired it with BTC, USDT, and ETH.
On August 27, 2019, BKEX listed TRX.
On November 11, 2019, the company listed OG for trading on the BKEX platform.
In November 2019, BKEX held the first Blockchain Double Eleven Carnival for its customers where customers enjoyed waivers or earned huge bonuses for trading on the platform during the set time.
On May 18, 2020, the company launched BKEX token (BKK) as its platform tokens. BKEX uses 70% of the transaction fee generated by platform spot trading to buyback BKK in the secondary market and burn BKK every quarter.
On June 6, 2020, BKEX launched the Beginner College column in which inexperienced traders are given useful tips on safe, successful trading.
BKEX has explored opportunities and potential in DeFi ahead of many other top exchanges. Its trade volume skyrocketed as the market shifted moves to DeFi in mid 2020.
BKEX has listed many DeFi projects before 2020: KNC, BNT, REN, LEND, SNX, NXM. On June 24, BKEX listed BAL (Balancer) and provide the best liquidity for BAL among all exchanges.
On September 2, 2020, DeFi project PEARL was listed on BKEX and paired with USDT.
On September 3, 2020, DeFi project ADEL was listed on BKEX.
On September 7, 2020, DeFi project SWRV was listed on BKEX.