Bitcoin Forum

BKEX VS OKEX? And why?

lol I haven't even heard of that BKEX thing. If there's on characteristic of an exchange you need to find, it's reputation. Definitely OKEX since it's been around for a while now and I haven't heard that much complaints; and though I only used it a couple of times, I never had a problem with it. Though of course I'm not saying that BKEX is bad, it's just that I haven't heard anything about it.

Are you familiar with or even heard of Bieber Coin? That is a great coin as well. And probably comparable to Bitcoin itself. LOL.

That is how BKEX is compared to OKEX. BKEX may be promising but it has to climb the ladder first, one step at a time, before being compared to the giants. For now, it will do better for it to compete with nothing else but itself.

BKEX is currently in second place in CoinMarketCap but I have never used it because the token that I got from the bounty is not yet listed on BKEX  ;D ;D
 
OKEX, I used it and started trading there, it was very easy, high volume, but the position of losing rank with BKEX.

Neither. I know that OKEx is a wash trading exchange, but I have never heard of BKEX before.... considering that very likely most people haven't heard about that exchange, they must be wash trading their way into the top.

I remember that Coineal did the same when they popped up for the first time---hundreds of millions in volume but very poor traffic stats and no one heard of that exchange.... a report later exposed them as wash trading exchange.

Second place, did you know that Vindax and P2PB2B (never heard of those two exchanges), recently occupy the top spot as well in coinmarketcap? And the thing is those two are not even in the radar of most crypto traders and everyone is speculating that they are faking their volumes to look like they have so much liquidity at hand.

So with that said, BKEX or whatever exchange it is might be doing some fraudulent practice from behind so I wouldn't even compare it to OKEx for that matter.

Any exchangers would able to get that top ranking sports if their volume had been bloated out but those arent really that organic which means sooner or later they would just dump down and go back to the place where they do stay before.I havent even heard up about BKEX and this is my first time on hearing this exchange too and i was little bit surprised when i do tend to make a search up on CMC and see it to be on top on Adjusted volume exchangers which is surprising and non surprising on the sense that these unpopular exchangers do manipulate volume.

^ When you see a relatively unknown exchange like BKEX suddenly jumps to the top rankings, be careful.

Whoops. Thank you for that. Now I dont need to research what the hell that BKEX is since it is the first time I have heard of it.
Yes, this kind of leap into the top is questionable.
Better be careful to keeping a lot of coins here. Maybe it could be used for just a short term trade then ran away.

But how the hell did it go to the top in a small amount of time?

Did you completely miss the letters/words in bold?

personally i am prefer using OKEX as my trading platform.based on data from coinmarketcap, BKEX on first placed.but personally i am still doubt with this data.if we look few days ago , vindax on the first place.i don't know what happen to coinmarketcap data,in few days its data was wrong.maybe start now on we should forget data from cmc, its not accurate anymore

You are comparing a large exchange place and a ridiculous exchange place, I prefer an OKEX exchange that has proven to be able to last this long and can provide a safe and comfortable exchange place when used, I do not dare to use a new and not yet reputable exchange.

if there are many reputable exchanges why we have to use unknown exchanges.we bet our money in wrong place if keep trading in strange exchanges.i am heard BKEX recently.i am just understand OKEX and many major market, beside of these i am ignore it.my fund security be my priority not others.

This is my first time to hear the BKEX exchange and I do not have any idea what kind of exchange is this. We all know that OKEX is good cryptocurrency exchange and I know some of the members here also use this exchange, I already have an account in OKEX and it just like other exchange that has good image and reputation. Lastly, no need to compare the two exchanges because we already know that many members will choose the OKEX and it's better to use the major exchange than using the new exchange.

Go with the bigger exchange or the biggest one, Because if you will use a small exchange and just building their reputation you can get scammed if they somehow fail or decided to close. That is my rule in terms of trading, Go with the biggest exchange and you are going to be safe. BKEX is just a new one so base on the choices I will go to OKEX. But there's a bigger exchange to those two, so go with that.

Oh my, what the hell is BKEX? I never heard of the BKEX and why do you compare the two? is this some type of publicity stunt or what? I don't get it. All I know is OKEx is among the top 10 cryptocurrency exchanges with a good reputation, great user support, with quality trading volume.    

CoinGecko (click for link to page for this exchange (https://www.coingecko.com/en/exchanges/bkex)) also seems to show that most of the volume on BKEX seems to be falsified and a rough approximation of true volume is much lower than the site claims; makes sense considering that the -2% book depth at the moment on the exchange is significantly lower than other larger exchanges with a similar reported volume. Wouldn't trust it based on this alone, along with the fact that there's very little discussion on this forum involving the exchange and no sort of ANN or anything of the sort for the exchange around here.

You are a very funny man my friend, even you cannot answer this question that you are throwing because you know that no one recognizes that shit exchanges that you are paring with okex, and I think that it is very disrespectful for you to have pair these two together for comparison when you know the group that okex belongs to.

I have not checked how exchanges are ranked again now, but I am sure that okex must have even entered the top exchange if we are to be fair to them because this is one of the best exchange that I have seen too so far, they are like all these other exchanges like binance, kucoin, Bittrex, and the rest of top exchange that we have in the market now. I am not sure you will get so much response for these comparisons.

I have used both of these exchanges and currently I trade mainly on Okex because Okex is a trading platform that has all the functions a trader needs. It has spot trade, future contract, perpetual swap, OTC, lending, and mining. And transaction fee is also very cheap if hold OKB