What is BitCoke?

The high-performance interface with fast and accurate trading charts allows users to evaluate the markets and execute trades quickly and efficiently. The overall look of the platform is not actually very advanced, as the developers have made sure to keep everything simple, but it’s relatively easy and quick to sign up with BitCoke and start using their services.

 BitCoke is a worldwide platform and can be accessed by traders from all over the world. Anyone can use their services without any restrictions or limitations.

Key Features and Advantages of BitCoke

BitCoke might not be the best fit for those users who are looking forward to a simple experience buying and selling cryptocurrencies. But those who have even the slightest bit of interest in a professional trading experience will love the platform. Between an excellent spot market for trading, perpetual contracts or quanto swap contracts, and options like cloud mining and investing to create additional income from idle assets, BitCoke has something for everyone..

BitCoke also comes with a multi-terminal system, making it easier for users to trade whenever they want and however they want. The high-performance trading interface, massive liquidity, and low trading fees are a few of BitCoke’s perks that you won’t want to miss out on. But there are definitely more:

Negatives and Disadvantages of BitCoke

As you might have already concluded, BitCoke is a trading- and investing-focused crypto platform offering a professional and broad trading experience to its users. But the thing is, it lacks a few critical things that should have been included on the platform to make everything seamless. Let’s take a look at BitCoke’s weaknesses:

What Services Does BitCoke Offer?

You can expect pretty much everything from BitCoke that a great trading platform should have. Starting with the massive spot market with more than 50 assets listed on it, traders can diversify their investments and play with several pairs at the same time. BitCoke also offers perpetual contracts that come with benefits like leverage and advanced customization. BitCoke has also gained trust among the community by introducing their own native asset named COKE, which strengthens the platform’s ecosystem.

Users can also invest their money with the platform or start cloud mining in order to make a few additional dollars every now and then. The simple and easy sign-up makes it possible for users from all over the world to get started quickly. But BitCoke’s services and features don’t end there! To understand how the exchange works and what services they provide, keep reading!

Trade spot and perpetual contracts: Spot and perpetual trading are, of course, one of the main features of BitCoke that they have been offering to their users since the beginning. They’ve even expanded their list of tradable assets, and now users can trade a variety of assets right within a single platform.

The spot market can be used by casual traders who are looking forward to trading professionally but don’t want to wade into the advanced features just yet. Perpetual contracts, on the other hand, allow users to customize their trades, add leverage up to 125 times, select the settlement, and add conditions without any restrictions.

All these trading features and options allow traders to implement their evaluations and skills and accordingly get the results they want.

50+ popular crypto assets available: BitCoke offers more than 50 cryptocurrencies that can be traded on the platform. Most of the assets available are popular, with a great market cap and high daily trading volume. Having hands-on experience with a variety of cryptocurrencies allows traders to diversify their portfolios and not put all their eggs in one basket. 

Professional trading interface: BitCoke comes with an advanced and professional trading interface that caters to traders with high expectations. 

The trading interface at BitCoke comes integrated with all the essential features, like accurate charts, separate window mode for complete focus, screenshots, drawing, candle types, durations, and more. Traders can also pick between a number of indicators and integrate them into their interface for chart evaluation.

Earn up to 22% APY with BitCoke Earn: BitCoke Earn is an investment feature that allows users to earn money on their assets. Users can earn up to 22% APY just by locking their assets with the platform.

BitCoke Earn supports popular assets for locking, like BTC, ETH, and USDT, so that you can easily start earning money. If you choose the right duration and amount to stake, you can easily grow your overall portfolio value with BitCoke. 

There is no need to keep your assets idle in your BitCoke account or crypto wallet. BitCoke offers a great chance for their users to earn with their assets without doing a single thing.

Multiterminal crypto platform: BitCoke has its own dedicated apps for Windows computers, Macs, Android devices, and iOS phones, meaning customers can easily use the platform on different devices without using browsers. Users can download any of the applications with a single click or by scanning a QR code. Mobile apps allow users to trade whenever they want and have all BitCoke’s features at their fingertips.

Skyrocket your investments with Launchpad: Launchpad is an exclusive feature for BitCoke users who have invested their money in purchasing COKE tokens. Only COKE holders can get tokens of newly built projects through the launchpad.

BitCoke Launchpad  offers an excellent opportunity for investors to skyrocket their investments. This is because all the projects listed on the launchpad are newly designed, and they hold the potential to give profits in the shorter or longer term.

Taking a risk with a new project can really pay off if you opt for the right one. BitCoke can help, as the platform also provides full information on the aim, token price, distribution, and volume of all the projects they list on their launchpad.

Monitor assets and risk with a fund account: BitCoke’s fund accounts are developed and designed for users who want to monitor their trades and investments deeply without missing out on anything.

Fund accounts allow users to create different sub accounts for their trades or investments. They can monitor each account individually and monitor the ups and downs. They can also create a stream of aggregate investments in different accounts for equal distribution of funds. Not only that, but BitCoke fund accounts also provide portfolio parameters and price alerts.

This feature can help traders protect their equity and notice every single step of the market. You won’t have to worry about missing out on anything with a BitCoke funds account.

Invest in cloud mining and earn passive income: Users who are willing to invest their assets, specifically BTC and ETH, can earn with BitCoke cloud mining too. BitCoke offers different mining plans for miners to choose from in order to start earning.

Miners can earn up to 93% APY through their assets, which is quite massive compared to industry-standard mining returns. The investments start at $8.

Without any need for hardware power, you can mine BTC or ETH with the help of BitCoke cloud mining and earn considerable profit over time.

Premium affiliate and sign-up rewards: BitCoke offers premium affiliate and new-user rewards that can help push your portfolio a little. BitCoke offers even better rewards to affiliate users who want to become partners and promote the platform.

Casual users can earn up to 20% of their referrals’ trading fees, whereas partners can earn up to 40%. When it comes to new-user rewards, BitCoke offers a $10 signup incentive, a $100 first-time deposit coupon, and a $5 performance reward.

You can claim all these rewards just by following the guidelines provided by the platform. Referrals can be a great way to create a sustainable income, whereas new-user rewards can help you get started without even depositing any assets.

Get started with a quick and easy sign-up process: BitCoke’s sign-up process is really quick and relatively easy. Users are provided with two separate options to sign up on the platform. They can either sign up with their email addresses or use their mobile number.

The quick sign-up saves a lot of time for users and allows them to get started almost instantly. You won’t have to go through long processes providing tons of personal documents, which can be quite a hassle to deal with. 

You just have to verify your email address, and you become eligible to make a deposit on the platform and start trading. However, you might have to complete a KYC verification later on to unlock more features on the platform.

Join the COKE ecosystem and claim benefits: The COKE ecosystem is designed to offer major benefits to BitCoke’s users. You simply have to join the ecosystem by purchasing and holding a specific amount of COKE, which is BitCoke’s native token.

Just by holding COKE, users can earn interest on their assets. Users also get a trading fee discount as well as the opportunity to vote for which assets to add on the platform. They also get access to the launchpad in order to invest early and hopefully multiply their returns.

Things I Don't Like About BitCoke

BitCoke hasn’t left many things for users to complain about, but there are a couple of downsides  you should keep in mind that might compromise your overall experience.

Slow and old-school customer support: Customer support is definitely not BitCoke’s strongest sell. They have an old-school customer support system, making it difficult for users to get in touch with them. Customers have to email or fill out a form for their queries—there is no option for live chat or a phone number through which users could connect to an agent. 

While the platform has provided resources to help troubleshoot and social media platforms where users can get in touch, these methods aren’t enough in cases where urgent assistance is required.

Not suitable for beginners and amateur crypto users: As I mentioned earlier, BitCoke is a trading-focused crypto platform that does not allow users to directly purchase and sell crypto assets. Features like perpetual contracts, advanced customization, cloud mining, and fund accounts can be a little complicated for beginners and amateurs who have just entered the industry.

Users also have to directly deposit crypto assets, as they cannot purchase them through payment methods like credit/debit cards or bank transfers. The retro look also creates a little difficulty for new users trying to get a handle on the platform.

In short, if you’re looking for a platform with a simple trading and buying experience, BitCoke might not be the best choice for you.

BitCoke Fees

BitCoke Deposit Fees

Deposits at BitCoke are absolutely free. Users do not have to pay any type of processing fee or transaction fee while depositing assets through crypto wallets.

BitCoke Trading Fees

BitCoke’s trading fee varies depending on your account level. You can increase or decrease your BitCoke account level depending on your 30-day trading volume or contract account balance. Take a quick look at the table below to find out what BitCoke charges their traders.

Ultimately, there are thirteen levels. If you want to get premium discounts on your trading fees, you can increase your trading volume or up your contract account balance. 

BitCoke Fiat Withdrawal Fee

BitCoke does not support fiat withdrawals.

BitCoke Crypto Withdrawal Fee

Each asset to be withdrawn at BitCoke comes with its own withdrawal fee. For instance, users have to pay 0.0005 BTC when withdrawing BTC and 1 USDT when withdrawing USDT.

Pros and Cons of BitCoke

The Verdict

If you’re considering BitCoke, the main thing to keep in mind is that the platform is heaven for advanced traders. It might not be the best fit for investors who simply want to buy and hold crypto assets. BitCoke has put a lot of effort into enhancing its trading sector, and it shows. By adding perpetual contracts to the platform, BitCoke has created excellent opportunities for traders looking for greater customization. 

BitCoke also comes with superb liquidity and a very low trading fee, making it easier to execute trades instantly and save money when trading. The easy and fast sign-up process is the cherry on top for anyone who wants to get started really quickly. As the platform is available worldwide, pretty much everyone can join BitCoke and access their services. 

If you are looking for other options in the US, you can read our article on the best cryptocurrency exchanges in the USA. There is also a quick comparison table below to help you with your decision.

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