PRESS RELEASE. BKEX (Chinese name: 币客) is a global cryptocurrency exchange that offers trading services for over 1000 cryptocurrencies (such as Bitcoin, Ethereum, etc.). Founded in 2018 in the British Virgin Islands, BKEX is considered the best cryptocurrency exchange in terms of service. Its core philosophy is user-centric and user-centric.
Chinese name: bicycle
English name: BKEX
Foundation time: 2018
Founded: British Virgin Islands
Platform Token: BKK
Platform Token: BKK
Slogan: Make cryptocurrency turnover more valuable
Field of activity: transaction with digital assets in the blockchain. Cryptocurrency transaction.
BKEX has gained over 8 million users since its inception and has a daily trading volume of several billion dollars. The BKEX product matrix covers contract trading, spot trading, OTC trading, cloud mining services, asset management and other sections.
Main characteristics of BKEX
The BKEX contract supports ten transaction currencies: BTC, ETH, EOS, LTC, BCH, XRP, DOT, LINK, UNI, and FIL, and provides users with 1x to 100x leverage. Users can flexibly assign and select a leverage multiplier based on their own positions. The cryptocurrency market is highly volatile and users can use the BKEX preset stop order, market add, reverse open and other features to deal with huge market fluctuations.
BKEX supports over 1000 quality cryptocurrency pairs. The platform supports fiat currency trading in THB and will soon add trading in US dollars, euros, pounds sterling, Australian dollars, rubles, etc. Users can trade leveraged ETPs (BTC5L, BTC5S, ETH5L, etc.) as well as perpetual contracts for BTC, ETH, LTC, BCH, EOS, XRP and dozens of other cryptocurrencies.
BKEX also supports market orders, limit orders and trigger orders to accommodate different transaction styles. In addition, when opening a trade on the BKEX, traders can choose two modes: double position and multiple position.
If you don’t want to trade, you can still use BKEX for the mining pools of their projects. You can block your digital assets and get APY up to 35%! You can also wager on certain cryptocurrencies with flexible unlocking and earn competitive APY.
Hierarchical BKEX Liquidation Mechanism
When users enter into a leveraged trade and it goes against them, the trade will be liquidated and the trader will lose all funds in the position. However, BKEX uses a hierarchical liquidation mechanism that will progressively reduce your position. When it reaches the minimum balance, the position is completely liquidated. This can greatly reduce losses and improve the trading experience for users.
Information about the token (BKK)
The BKEX BKK token was launched in early 2020 and currently has a market capitalization of $8.5 million. The maximum number of BKK tokens is 164 million, and the trading volume of this cryptocurrency is stable. BKK is currently only traded on their BKEX and CoinEx exchanges.
English telegram group: https://t.me/BKEXEnglish
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Credit : news.bitcoin.com