BiKi exchange was founded in June 2018, and was launched in August of the same year. Since then, Biki has grown to become a pioneer in the space of multifaceted cryptocurrency exchanges and provides modern features and solutions.
BiKi has been ranked consistently as one of the world’s twenty fastest growing exchanges by CoinMarketCap, CoinGecko, Fei Xiao Hao, and My Token. When BiKi debuted, it entered at number sixteen, but it has recently peaked at number five. In this article, we will look at what BiKi is doing to drive these impressive numbers and showcase what is unique about BiKi.
What Does BiKi Do?
According to its website, BiKi says it is a global digital trading service provider. Their main goals are to provide security, efficiency, and stability for millions of customers using the platform all over the world.
As a highly ranked cryptocurrency exchange, BiKi also offers assistance in launching tokens. This cryptocurrency exchange has an easy to use and sleek interface, and it also has excellent security and liquidity. There are currently more than 150 projects listed on the exchange, with over 220 pairs.
Within the rapidly growing market of cryptocurrency, BiKi aims to exceed expectations by providing marketing and branding recognition solutions on top of listing the native token of the project. The platform also uses social media to its advantage by creating and growing a network of influencers who can reach and millions of followers. Trading campaigns help projects reach a wider base of users, and they also offer advice on pre-ICO sales to qualified investors.
What Benefits Does BiKi Provide?
BiKi Brings Transparency
In 2017, the crypto space was highly criticized. A lack of research providers and analysts meant that it was easy to run a scam or other shenanigans.
Other established markets might not be perfect, but there are analysts in their thousands who will ensure investment products are credible.
BiKi saw that there was a need for more credibility in cryptocurrency, especially in the ICO space. They know that well-informed investors are more calculating and are at a lower risk of being scammed leading to more solid returns. That’s why BiKi offers tips and educational information for investors.
BiKi created a platform that would encourage responsible growth for cryptocurrency in hopes of appeasing the financial market’s fears and doubts about crypto.
Solid Tools for Investors
When you visit the website, you will clearly see BiKi’s technical sophistication. By showing trading real-time, BiKi showcases their incredible liquidity. All the tools necessary for advanced trading can be found on the platform, with information presented in graphs. Also shown are price, amount, and sums of recent trades as well as currency and market options.
The platform reinforces their community-minded spirit by advertising partner plans and community partners. There is also BiKiLab, which is an innovation test area. This is a true indication of their desire to constantly develop new and innovative technologies.
These innovations also include the novel “subversive mining” from BiKi and a “buying back and destroying, rising and falling” model, where profit from the platform is used to buy and destroy currency.
Fully-Featured Mobile Trading App
BiKi offers a mobile trading app that provides fast trading on the go on both Android and iOS. The app is easy to download, enables asset switching, and account integration. All these features can be accessed within a single click.
As people rely more on their smartphones for tasks in their personal and business lives, BiKi seeks to stay ahead of the game by offering a robust mobile app.
BIKI Token and Distribution
The token issued by the BiKi trading platform is BIKI. BIKI is issued and destroyed following the principle of “trading is mining, repurchase, and destruction.” The initial amount of 1 billion BIKI will be reduced to 100 million through sustained repurchase and destruction of tokens on the platform.
Of the 1 billion BIKI, 60% is reserved for mining, 15% will go to the team, 12% for the founders, 10% will be for angel investors, 3% went to private sale and early community contributors.
Team
The BiKi team is comprised of financial experts and cryptocurrency enthusiasts, which include, but are not limited to, the following:
Winter Li — Founder and CEO of BiKi
Ethan Ng — CEO, Southeast Asia
Dennis Hui — Business Development Director
Bruno Contardi — Blockchain Evangelist
Ryan Lum — Business Development Manager
Andre K Hyeong — Head Of Marketing
Priscilla Thoo — Operations Manager
Competitors
Bitfinex: Bitfinex is a peer-to-peer cryptocurrency exchange that was founded in 2012 and operated by iFinex Inc. Based in Hong Kong, it initially started as a P2P margin lending platform for Bitcoin before it added support for more cryptocurrencies. It has suffered many attacks with millions of dollars of customer funds stolen. This led to a deterioration in its banking relationships.
P2PB2B: P2PB2B is a digital asset/cryptocurrency exchange headquartered in Switzerland. The trading platform supports up to 10,000 trades per second and one million Transmission Control Protocol (TCP) connections. The platform served over 200+ markets and several currency pairs, which include fiat and crypto pairs.
Bithumb: This is a third party exchange that permits buying, selling, and trading a variety of cryptocurrencies. Bithumb was created by South Korean company BTC Korea.com in 2013. The exchange averages more than $100 million on any trading day and has peaked as high as $2 billion.
Unique / Key Features Against Its Competitors
● Huobi co-founder Du Jun has invested around 10 million USD into BiKi and other companies. This investment is one of the key reasons why the exchange has been rising in the industry and was even listed by Forbes as one of the Top 10 Blockchain companies to watch out for in 2019.
● Many exchanges try to keep their competitive edge by engaging in wash trading. It is not so with BiKi. The success of the platform is attributed to project selection and the way it gains and retains market share.
● BiKi has a unique relationship with Jinse Finance, China’s top crypto news site, allowing consistent brand exposure to any of its listed projects of choice.
● BiKi’s community partners have the task of growing the community through WeChat, a popular social platform in China, as well as other print media resources such as posters and manuscripts. Their network resources also include media influencers who are available to listed projects.
To stay updated, follow BiKi on their social media pages;
Official Website: https://www.biki.com/
Facebook: https://www.facebook.com/bikiexchange/
Twitter: https://twitter.com/BiKiEnglish
Instagram: https://www.instagram.com/bikicoin/
Medium: https://medium.com/@bikicoin
Reddit: https://www.reddit.com/r/biki
Telegram: https://t.me/bikicoin