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Your expert: Alejandro Borja
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Fees
Earns
Customer service
Fees
Earns
Customer service
Beginners
Trading
Passive income
Buy and hold
Beginners
Trading
Passive income
Buy and hold
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| Ascendex | FEATURES | Biking |
|---|---|---|
|
The minimum trade amount is reasonable, accommodating both small and larger investors. |
Minimum Trade |
BiKing offers a reasonable minimum trade limit, accommodating both small and large traders. |
|
Fees are competitive but could be improved to match or undercut major competitors. |
Trading and Transaction Fees |
The exchange boasts low trading fees at 0.01% for both makers and takers, promoting active trading. |
|
Offers a decent variety of cryptocurrencies, though not as extensive as larger global exchanges. |
Number of Cryptocurrencies |
While BiKing supports major cryptocurrencies like Bitcoin and Ethereum, it has a more limited selection compared to larger exchanges. |
|
Limited to more common pairs, lacking the extensive options found on larger platforms. |
Crypto-to-Crypto Trading Pairs |
Offers a modest range of crypto-to-crypto trading pairs, sufficient for mainstream traders but less so for those seeking variety. |
|
The website provides clear and straightforward information on fees, policies, and trading options. |
Website Transparency |
BiKing provides clear information about trading fees and security measures but could improve on regulatory disclosures. |
|
Altcoin Trader lacks a branded exchange card, limiting the versatility of funds access and usage beyond the digital platform. |
Credit/Debit Card |
Without a dedicated exchange card, users of BiKing Exchange may miss out on the convenience and rewards typically associated with such cards in the cryptocurrency space. |
|
Provides secure cold storage options, ensuring a high level of security for stored assets. |
Storage Offering |
Utilizes secure cold storage solutions to ensure the safety of user funds against potential threats. |
|
Limited options for staking and rewards, not as competitive as other exchanges offering these services. |
Staking and Rewards |
Offers staking options and rewards, although the range and returns are somewhat limited compared to competitors. |
|
Offers functional mobile and desktop platforms, though they lack some advanced features. |
Mobile App and Desktop |
Both the mobile app and desktop platform are user-friendly and robust, offering a seamless trading experience. |
|
Responsive and helpful customer service, providing support through multiple channels. |
Customer Service |
Provides 24/7 customer support with good response times and helpful assistance. |
|
Efficient processes for deposits and withdrawals, though mainly catering to local (South African) users. |
Deposit and Withdraw |
Efficient deposit and withdrawal processes, though limited by the lack of fiat currency support. |
At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.
We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).
For more details on the categories considered when rating brokers and our process, read our full methodology.
Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.
Neither Threenvest, nor the author, are recommending you to invest with this article.
We help you invest in the crypto market in the safest way possible.
Threenvest was born by and for you. Our mission is to help you invest in the cryptocurrency market in the easiest and safest way possible. And how do we make money? Very simple, every time you click on any of the platforms that we recommend, it is possible that we get an income. We do not work with unsafe platforms, our standard is only to recommend platforms where we would invest our money ourselves.
© All rights reserved 2024 | Threenvest I/S