we hosted an amazing AMA with BKEX Exchange on the 6th of July
And here we will put some of the best questions:
Q1. Can you please introduce yourself as well as BKEX ?
My name is Tito has been experience in crypto currency since 2017 for crypto traders , eksternal marketing , Bussiness development & now i’m working for bkex exchange as Global kols Marketing
Q2. What are the advantages of Your Exchange ?
BKEX is an innovative digital asset international station for professional users around the world, providing trading and investment services between a variety of digital assets. BKEX is a global digital asset financial service platform with independent trading business and operation centers in Hong Kong, Japan, Singapore, the United States, South Korea and other countries and regions. In terms of technology platform, product branch line, safety risk control system, operation and customer service system,
BKEX proposes transaction mining, and all users who hold BKK on BKEX can enjoy 100% of the platform’s fee income on a daily basis. BKK is generated in the form of “transaction mining”. Users who participate in mining by trading are regarded as “miners” and can enjoy dividends.
Q3. please tell us about the goals you want to achieve in this year.
Future development trends: BKEX will always keep up with the pace of the times. The most important thing is that BKEX has a heavy responsibility and cannot disappoint those who have high hopes for BKEX. The slogan of BKEX is: BKEX products, high-quality products on the currency, in the rapid development of the updated and iterative blockchain world, BKEX will maintain its original intention and work hard to present better products to everyone.
Q4. Every Exchange has a story behind their name, Can you tell us more about the story behind this? Who are the team behind this Exchange? can tell us their background?
History of bkex JM is the founder of BKEX, the founder of the seed tribe, the founder of the seed capital, the early investor of the blockchain, the investment in 100+ projects of the blockchain, and the serial entrepreneur.
In 2014, JM got involved in the blockchain industry, and in recent years, his wealth has doubled. In 2016, the Ministry of Industry and Information Technology released the “White Paper on the Development of Blockchain Technology and Application in China”, which regards blockchain technology as a strategic cutting-edge technology, which shows the prospects of blockchain. Broad,JM is very optimistic about the blockchain industry. Before becoming a currency guest, JM invested in a lot of projects when he was doing seed capital. He wanted to invest in a safe, transparent and profitable exchange for users, but he couldn’t find it in the whole country, so he decided to build his own team.
Q5. NFT is one of the hottest and most sought-after topics in the blockchain space right now. Can you share your opinion on NFT with us? Do you think NFT will disrupt the current financial system?
Good question , we love the NFTs and the first NFTs is Quantum at 3 May 2014 By McCoy
Terra Nullius is the first NFT released on the Ethereum blockchain. This NFT was released on August 7, 2015.
Etheria v1.1 is the first NFT on Ethereum to have a transfer function. Etheria v1.1 allows you to have tiles on the map with a limited supply of 457 pieces.
And NFTs will keep develop NFTs is very important things in this crypto world , why? Because A robber in a European country he will rob a person who has a rolex watch thats why NFTs need to have valueble by collector like Rolex watch
And sometimes in the Metaverse world nfts will be bigger and very valueble because NFTs is the first access for People to people using for connection to the some people and The best things is if nfts can find for search & proof of find the job make unlimited access for everyone to connect some People valueble & other things 😉
And here we will put best questions from our members and BKEX Exchange fans:
Q1. What is ETF can you explain ETF in Bkex exchange ?
cryptocurrency ETF is a fund that can help investors to access a diversified portfolio of tokens or cryptocurrencies . ETFs offer greater transparency and liquidity. This can be proven by ETFs that are able to expose potential shareholders to crypto tokens or assets and these investors can own these tokens from the crypto asset market.
Example If bitcoin pump and you’re buy Bitcoin3L you’re will gonna profit but if you’re buy bitcoin3L and dump you will lost this same like futures but not very risky
You can trade etf in Bkex exchange 😘
Q2. you recently announced the delisting of some tokens listed on Bkex. before you do delisting, what steps do you take to make sure the token deserves delisting or not, sir? is this one of your efforts to maintain the trust of Bkex users too?
In line with the purpose of protecting users, BKEX will regularly conduct a comprehensive review of the tokens in the platform in order to ensure the high standards of the trading currency; if the project party has unfavorable factors for investors, we will take corresponding measures and delist the corresponding project. In order to improve public transparency, we will announce the main factors that affect the delisting of tokens, including but not limited to the following factors:
- Project and team factorsMajor changes to the project team, products and business models require BKEX to be notified for re-examination. If the project is not notified and changed by itself, the platform will directly take the project offline;
Whether the project team has unethical and fraudulent behaviors, such as: team founders, co-founders, consultants and other personal information falsified or suspected of being involved in market manipulation, individuals facing major legal issues and other legal issues, etc.;
The project party has been notified by the judicial authorities and regulatory authorities of various countries and regions for suspected violations of laws and regulations. - Technology development and mainnet/smart contract factorsThere are security risks in the main network of the project;
There are security vulnerabilities such as overflow in the smart contract code
51% of the projects are attacked or have fork problems;The project development has not been carried out according to the time node planned in the white paper, and there is no announcement on the official website of the schedule delay;The source code (GitHub) of the public chain/protocol layer project has not been updated for a long time, and the long-term version of the application project product has not been update
- Community construction and operation factorsSignificant deviations in information disclosure, deceiving investors and trading platforms;
The website is inaccessible, the information is disordered, and social media and communities are unmaintained for a long time;
Social media or official website has not disclosed any project progress (for example: development progress, version updates, team trends, etc.) for one month;
The propaganda of the project party involves calling for orders, manipulating currency prices, or other behaviors that seriously damage the interests of the community;
- Other factors
Do not reply to community questions, do not respond;
Do not cooperate with BKEX Global’s regular routine inspections;other unethical and fraudulent or illegal conduct;Operating and participating in multiple projects at the same time, affecting the healthy and sustainable development of the blockchain industry ecology
Q3. How is #Bkex’s efforts to make #Bkex more popular & highly recommended in the future?
For now we are reaching out some community for doing AMA and several activities that’s to make some new customer and new users join Bkex exchange this activity really attract new customer investor also traders so we will keep develop with our global kols employee to cooperate with some crypto community
Q4. Please explain how liquidity pools work?
Crypto liquidity pools play an essential role in the decentralized finance (DeFi) ecosystem — in particular when it comes to decentralized exchanges (DEXs). Liquidity pools are a mechanism by which users can pool their assets in a DEX’s smart contracts to provide asset liquidity for traders to swap between currencies. Liquidity pools provide much-needed liquidity, speed, and convenience to the DeFi ecosystem.
Before automated market makers (AMMs) came into play, crypto market liquidity was a challenge for DEXs on Ethereum. At that time, DEXs were a new technology with a complicated interface and the number of buyers and sellers was small, so it was difficult to find enough people willing to trade on a regular basis. AMMs fix this problem of limited liquidity by creating liquidity pools and offering liquidity providers the incentive to supply these pools with assets, all without the need for third-party middlemen. The more assets in a pool and the more liquidity the pool has, the easier trading becomes on decentralized exchanges.
Bkex also have Liquidity pool name is smart pool you can check and earn apy
Q5. Could you please share us about different ETF & FUTURES TRADING ?
A future contract or futures contract is a legal agreement to sell or buy an underlying (can be an index, stock, bond , etc.) at a predetermined price at a certain time in the future.
Futures contracts will specify the amount of the underlying asset and are standardized to facilitate trading on the futures exchange.
With this contract, investors can lock in the purchase price and selling price at the beginning of the transaction up to a predetermined time. In addition, these contracts can also be used to hedge or speculate trade on a particular asset.
The term futures has the same meaning as a futures contract . So, when an investor invests in a futures contract , the investor can play the role of both the seller and the buyer.
The seller will expect the price of an asset to decrease. Conversely, buyers will expect the price of an asset to increase.
Generally , commodity futures contracts will allow a trader to speculate on the price of a commodity such as gold, oil, sugar, and others.
Meanwhile, financial futures or financial futures will allow traders to speculate on the price of an asset in the future such as stocks, bonds, forex, and other financial indices.
cryptocurrency ETF is a fund that can help investors to access a diversified portfolio of tokens or cryptocurrencies . ETFs offer greater transparency and liquidity. This can be proven by ETFs that are able to expose potential shareholders to crypto tokens or assets and these investors can own these tokens from the crypto asset market.
Example If bitcoin pump and you’re buy Bitcoin3L you’re will gonna profit but if you’re buy bitcoin3L and dump you will lost this same like futures but not very risky
DYOR
You can Trade futures & spot ETF in bkex.com 😁❤️
Let’s create account
And happy trading!
Q6. Does it required for BKEX users to complete or passed the KYC process? Do you have restrictions that are similar to other top exchanges like as Binance, like limits on withdrawal amounts for clients who haven’t completed KYC? If so, could you inform us about the limitations?
No need kyc bro you can trade and minimum on spot trade is 10$
Q7. The Bkex platform was founded in 2018 and has been running for quite some time, I am interested in using bkex, which is my question here. As a first-time user, what are the advantages of using the Bkex exchange? Will new users get airdrop events and so on?
We also have event trading for newly user’s you can following all community that already Cooperation with bkex exchange! We were give the user’s 5$ for kyc & if them trade get 10$ now the event already end
Q8. Could you tell me step For Trading in bkex exchange
For sure!
You can join bkex.com , fill all information regist via Gmail , bind goggle 2fa to secure ur account
Then deposit usdt min trade 10$
Q9. Could you send me your referral link?
Sure let’s join & trade on Bkex
Via this!
https://h5.bkex.pub/extenal/register/YUQG5CNS
Q10. do you have any plans to add more members to your team as ambassadors or any other position?
We’re recruit some people on different role if you interested
You can check this
We’re hiring!!!!
And this was the end of our AMA with BKEX Exchange.
You can find us here:
Website :http://www.bkex.com/
Telegram community :https://t.me/BKEXEnglish
Telegram announcements :https://t.me/BKEX_Announcements
Twitter :https://twitter.com/BKEXGlobal
Facebook :https://www.facebook.com/BKEXGlobal
Reddit :https://www.reddit.com/user/bkex-exchange
Linkedln :https://www.linkedin.com/company/bkex-com
YouTube :https://www.youtube.com/channel/UCkLdGDrNjxkE9XU03kLp3hA