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Forex Broker Rating

Bikingex

Bikingex

Information about the broker Bikingex

Rating: 1
Jurisdiction: Singapore
Regulators: FinCEN, FINTRAC
Foundation date: 2017
Site: https://bikingex.com

Brief information Bikingex

The cryptocurrency platform Biking, also known as BiKing Exchange, offers cryptotrading, storage and asset management. The company states that it was established in 2017 and is headquartered in Singapore.

Biking Exchange claims to hold MSB registrations in the United States and Canada. These statements should be distinguished from independently verified regulatory approval.

The platform reports serving 1.2 million users across 26 countries. It advertises a 50 million USDT risk reserve, separate hot and cold wallet storage, multilayer encryption and round-the-clock support. These are the company’s own claims.

Support channels include a help center and a Telegram community: t.me/BikingEnglishGroup_EN. The website also links to the project’s social media accounts.

Bikingex

Cryptocurrency selection on Biking Exchange

Bikingex advertises more than 400 cryptocurrencies. Named assets include:

  • Bitcoin;

  • Ethereum;

  • Litecoin;

  • XRP.

The platform offers spot markets and cryptocurrency derivatives. Its spot trading service uses USDT as a quote currency. The available assets and trading pairs depend on the selected market.

Services and fees of Bikingex

The exchange platform Biking Exchange     lists several services:

  • spot trading;

  • perpetual futures;

  • copy trading;

  • GameFi;

  • a Web3 wallet;

  • an affiliate program.

Trading access is available through a web platform and mobile applications. The company also advertises API and FIX connections.

The published perpetual futures fee is 0.04% for both makers and takers. 

The company’s introduction lists 0.01% maker and taker fees for spot trading, while other promotional text advertises zero-fee spot transactions. The applicable rate therefore needs clarification for the selected market or promotion.

Bikingex

Creating a personal account and verification on bikingex.com

Users can register through the website or mobile application using an email address or mobile number. Bikingex also provides identity verification through its application and states that submitted verification information is reviewed within 24 hours.

Deposits and withdrawals with Biking Exchange

The platform supports crypto transfers and advertises purchases using multiple fiat currencies. Published materials mention:

  • cryptocurrency;

  • USDT transfers;

  • fiat purchases.

The reviewed materials do not establish a universal minimum deposit, deposit fee or crediting time.

A complete withdrawal fee schedule, minimum withdrawal amounts and processing deadlines were not established from the reviewed pages. 

Conclusion about Bikingex

The platform publishes trading fees and describes its verification process, but several details require clarification. These include its current MSB registration status, applicable spot fees and asset-specific withdrawal conditions. Its regulatory claims should be checked directly with the named authorities, alongside customer reviews about Bikingex on independent sources.

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Trader Reviews

I wouldn’t recommend getting involved with this platform - bikingex.com. As soon as you start making a decent profit, the problems begin. They may freeze your account and simply deduct your earnings from your balance. The administration uses the excuse that the trading frequency is supposedly too high. But what’s illegal about that?

  • 19 hours ago

I’ve also noticed that the platform itself provides the trading tools; users analyse the market and open positions. The managers even interfere with trading and analysis. But if a client makes a profit, it’s not in the company’s interests. I consider this attitude to be outright deception. Waiting a long time for a withdrawal isn’t an option, so it’s better to consult a solicitor – https://wa.me/420737191841

  • 2 hours ago

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