BiKi.com aims to provide the safest crypto exchange with 100% of the transaction fees used to buy back the platform's native token, BIKI. In this review, we assess the exchange's important aspects such as features, deposit methods, trading pairs, fees, security and customer support. Our methodology includes creating an account with BiKi, and transferring crypto and trading derivatives contracts on the website and mobile app to experience the full features of the trading platform.
UPDATE 12.12.2021: The BiKi platform has officially been shut down to regulatory changes in mainland China that forced the closure of the exchange on November 30, 2021. For more information, read the announcement on the BiKi website. For a list of alternate exchanges to BiKi that offered similar features and services, visit our article on the best trading platforms linked above.
- Licensed crypto exchange based in Singapore
- No deposit fees to transfer crypto
- Competitive 0.15% maker and taker fees
- Advanced platform with TradingView charts, tools and indicators
- Trade anywhere with the Biki app for iOS and Android mobile devices
- BiKi FastLoan to pledge cryptocurrency assets to obtain a loan
- 24/7 customer support and active Telegram Channel
BiKi is a global cryptocurrency exchange that provides a digital asset trading for more than 150 cryptocurrencies and 250 trading pairs. The Singapore-based cryptocurrency exchange was founded in 2018 and has become one of the fastest growing exchanges in the world since its official opening in terms of daily traded volume according to Coinmarketcap.
BiKi exchange claims to have accumulated 1.5 million registered users, 130,000 daily active users, over 2,000 community partners, and 200,000 community members and appears to be a legit crypto exchange to date.
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What Is BiKi?
BiKi is a crypto exchange that is available in multiple jurisdictions worldwide. and has over 1.5 million registered users and 130,000 daily active users worldwide at the time of writing. The platform is financially backed by the co-founder of Huobi Jun Du, Huobi Co-Founder and current CEO of Node Capital and Jinse. Both individuals are well-known in the crypto space.
According to the website, the technical and operations team behind BiKi are well resourced and experienced to ensure the platform is committed to creating the safest, most stable and efficient digital currency trading platform for users around the world. To provide assurance of legitimacy, BiKi has a risk guarantee fund, which receives 20% of the monthly revenue from the trading platform. This is to ensure the safety of users’ assets if any compromise or exchange hack were to occur.
BiKi is a well-rounded crypto exchange for spot trading over 150 digital assets. The benefits of BiKi include competitive trading fees of 0.15% per transaction, an advanced trading platform and a mobile app to monitor positions on the go. Some improvements that could be made include expanding the features to include leverage trading, staking and DeFi services such as borrowing and the option to earn crypto interest.
|Deposit Option||Crypto only|
|Trading Fee||0.15% / 0.15%|
Advanced features, an intuitive user interface and a mobile trading app are important features on BiKi. This comparison table lists other top rated crypto exchanges that offer world-class features.
|Exchange||Crypto Assets||Trading Fees||Rating||Promotion||Website||Review|
|600+||0% to 0.1%|
|Up to $100 welcome bonus||Visit Binance||Binance Review|
|81||0.06% / 0.01% (leverage), 0.1% (spot)|
|Deposit bonus up to $30,000||Visit Bybit||Bybit Review|
|366||0.08% (maker) / 0.10% (taker)|
|None available at this time||Visit OKX||OKX Review|
BiKi Exchange offers more than 150 cryptocurrencies and 250 pairs that can be traded by its users using a secure, stable and reliable platform. Each digital coin can be traded against the following pairs:
The exchange is regularly adding new coin offerings that could provide a competitive edge in the market for experienced crypto traders. The full list of trading pairs can be viewed on the Biki website.
BiKi Exchange offers up to 3x leverage against the USDT pair which include BTC, ETH, TRX, EOS, LTC, BCH, ETC, XRP, HT, DASH, ADA, ATOM, ONT among others. Leverage trading on BiKi is not as good compared to the likes of FTX and Bybit which are both examples of top crypto margin exchanges in the world. However, traders will still be able to open larger positions than normal to take advantage of comparatively small price movements to make your balance grow faster.
For all traders alike, the trading interface is one of the most important considerations when selecting a crypto exchange. Especially for traders that rely on technical analysis to find an edge in the market. When selecting a cryptocurrency exchange, you must be comfortable with the charting package as this is where you will identify and manage trades.
When you first login to BiKi Exchange crypto platform, the first thing you will notice is the charts are provided by TradingView. TradingView is well known for their smooth, intuitive and clean charts. It allows traders to use advanced trading tools and indicators to refine their trading edge in maximize profits and minimize risk.
Exchange fees are an important consideration when selecting a cryptocurrency trading exchange. It becomes even more critical when trading larger position sizes and on a leveraged exchange where you are paying fees on positions that are much larger than your margin.
The exchange accepts cryptocurrency deposits (BTC and USDT) and therefore are no fees to deposit or withdrawal funds except for the standard blockchain network fees.
Frequently Asked Questions
BiKi is technically supported in Australia for locals to use for crypto-to-crypto trading. There is the option to deposit AUD through a third-party provider, however, residents are better off using a similar crypto exchange in Australia with like for like features.
BiKi does not require KYC to register an account, trade, deposit or withdraw funds. Users can begin trading cryptocurrencies immediately once funds have been deposited to the platform.
BiKi does not offer a testnet or a demo account for crypto trading without a deposit. Users need to deposit funds into the exchange to trade cryptocurrency.
BiKi does not have an affiliate program to offer referral bonuses as a reward for bringing in new users to the platform. The website states an affiliate program will be coming soon.
To conclude our BiKi review, we can say that for anyone looking to use a centralized crypto exchange, Biki is a good option to consider. The exchange supports a massive list of trading pairs and gives its users an edge when it comes to new token offerings. BiKi exchange offers an intuitive platform and organised trading interface that is well designed for desktop and mobile app for crypto traders. However, overall there are better platforms to trade altcoins than BiKi with a greater selection of markets and pairs.