Digital Currency License
Download on the
App Store Download
Download on the
Google Play Download
Download on the
The number of this Exchange's nagitive field survey reviews has reached 1, please be aware of the risk and the potential scam!
|Registered Country/Area||Republic of Seychelles|
|Founded year||2-5 years|
|Regulatory Authority||Managed by BHOP CONSULTING PTE. LTD. and regulated by the Monetary Authority of Singapore (MAS).|
|Cryptocurrencies offered/available||Over 100 cryptocurrencies including ADA, BTC, DOT, ETH, LINK, UNI, USDC, USDT, AAVE, TRX, ATOM, and more.|
|Payment Methods||Bank Transfer, Credit Card, Debit Card, Cryptocurrency|
|Educational Resources||Offers educational materials incl. trading guide, glossary, blog, YouTube channel.|
|Customer Support||Assistance via BHOP Consulting Pte Ltd, email, social media. Office in Singapore.|
BHEX is a digital asset exchange established in 2018 by BHOP Consulting Pte Ltd, operating under the oversight of the Monetary Authority of Singapore (MAS). It provides a secure platform for trading over 100 cryptocurrencies. BHEX emphasizes regulatory compliance and offers a fee structure based on trading volume, ranging from 0.1% maker/taker fee for VIP0 to 0% maker fee and 0.019% taker fee for VIP9. The platform also offers educational resources for users to learn about cryptocurrencies and trading. Comparison with other brokers like Binance and KuCoin reveals differences in cryptocurrency offerings, fees, account minimums, and promotional rewards.
BHEX presents a range of advantages, being regulated by the Monetary Authority of Singapore for compliance. It ensures secure accounts through robust measures like two-factor authentication and password protection. The platform offers a diverse selection of 100+ cryptocurrencies, and its transparent fee structure (0.1% taker, 0.1% maker) is a notable feature. Moreover, BHEX provides educational resources for learning, along with promotions offering rewards up to $1000. However, there are some drawbacks. Certain listing prices are above market values, and while the fee structure is clear, taker fees are relatively high for lower VIP tiers. The platform also has limited trading options and order types, and withdrawal fees vary based on the cryptocurrency. Additionally, the rewards offered by BHEX are not as high as those provided by its competitors.
|Regulated by Monetary Authority of Singapore||Some listing prices above market values|
|Secure account measures||Taker fees relatively high for lower VIP tiers.|
|Diverse range of 100+ cryptocurrencies||Limited trading options and order types|
|Clear fee structure (0.1% taker, 0.1% maker)||Withdrawal fees vary by cryptocurrency|
|Educational resources for learning||Not as high rewards compared to competitors|
|Offers promotions up to $1000 in rewards||Taker fees relatively high for lower VIP tiers.|
|Various deposit and withdrawal methods|
BHEX, managed by BHOP CONSULTING PTE. LTD., operates under the regulatory oversight of the Monetary Authority of Singapore (MAS). Its “Group Sharing” license aligns with digital currency activities, reflecting adherence to MAS regulations. While the specific license number remains undisclosed, BHEX functions as a licensed institution, staying compliant with regulatory norms. Established in 1971, MAS plays a critical role in upholding financial stability, fostering economic progress, and safeguarding Singapore's financial sector.
To bolster account security, BHEX offers the following measures:
Password Protection: Create a complex, unique password with at least 8 characters, including uppercase, lowercase letters, and numbers. Avoid using easily obtainable information like names or birthdays. Regularly change passwords for added security.
Two-Factor Authentication (2FA): Elevate security with 2FA. Connect Google Authenticator for a constantly changing 6-digit code. Safely manage the 16-digit key and QR code, avoiding storage on commonly used devices or public networks. Input the Google Authenticator code during each login.
Virus Prevention: Regularly scan devices with antivirus software, avoid sharing key account info, opening attachments from unknown sources, and uninstall suspicious third-party software.
BHEX showcases a comprehensive range of 100+ cryptocurrencies, including well-known options like
BHEX's coin listing process is agile, often taking just a few days post-announcement. It's worth noting that listing prices sometimes surpass prevailing market values, exemplified by Lucky Block's listing at $0.009999
despite a market value of $0.005.
A testament to its trading activity, BHEX observes a 24-hour trading volume of $1.849 billion, with Bitcoin, Ethereum, Tether, Binance Coin, and USD Coin dominating trading within that period.
How to open an account？
The registration process of BHEX can be completed in the following steps:
Click “SIGN UP” on the website.
Enter your email address in the provided field.
Create a login password and confirm it.
Enter the verification code received.
Optionally, input a referral code if applicable.
Click “SIGN UP” to complete the process.
BHEX offers a fee structure tailored to its users. Depositing cryptocurrencies is free, while withdrawal fees differ according to the specific cryptocurrency. Minimum withdrawal quantities apply to certain coins, such as ADA (2.5), BTC (0.001), DOT (2), ETH (0.02), LINK (0.5), UNI (0.5), USDC (40), and USDT (10).
BHEX presents a graduated fee system linked to a 30-day trade volume in BTC. The fee structure varies, starting from 0.1% for both makers and takers in VIP0, and reaching 0% maker fee and 0.019% taker fee for VIP9. The trade volume categories span from under 50 BTC, applicable to VIP1, all the way up to 150,000 BTC for VIP9.
|Tier||30-day Trade Volume (BTC)||Maker Fee||Taker Fee|
BHEXSG, a regulatory compliant digital asset exchange under the supervision of MAS, offers Withdrawal & Deposit services involving prominent exchanges such as BitoPro, Bitsonic, DigiFinex Singapore, and more. Noteworthy minimum deposit figures encompass BTC (0.0001), ETH (0.001), LTC (0.0001), while akin minimum withdrawal values apply, like BTC (0.002), ETH (0.02), LTC (0.1), among others.
|Payment Method||Buy||Sell||Add Cash||Cash Out||Speed|
BHEXSG provides a range of educational materials aimed at equipping users with knowledge about cryptocurrencies and trading. These materials comprise a starter's handbook, a comprehensive trading guide, an extensive glossary, an insightful blog, and an engaging YouTube channel. This collection of resources serves as an invaluable learning tool, catering to individuals looking to grasp cryptocurrencies, whether they are novices seeking introductory insights or more seasoned enthusiasts exploring intricate concepts.
BHEX provides customer assistance through BHOP Consulting Pte Ltd, accessible at their office located at 16 Collyer Quay Income@Raffles Singapore 049318. They also engage with users through their official Twitter (https://twitter.com/hbtcnews) and Facebook (https://www.facebook.com/HBTCOfficial) profiles. For any queries, users can reach out to customer service via email at email@example.com.
Compare to Similar Brokers
BHEX offers over 100 cryptocurrencies with a fee structure of Maker: 0.1%, Taker: 0.2%, and an account minimum of $10. It provides promotions for rewards up to $1000. In comparison, Binance offers 500+ cryptocurrencies with lower fees (Maker: 0.04%, Taker: 0.06%), a $10 account minimum, and rewards up to $500. KuCoin features 700+ cryptocurrencies, the lowest fees (Maker: 0.01%, Taker: 0.05%), a $20 account minimum, and promotions for rewards up to $300.
|Fees||Maker: 0.1%, Taker: 0.1%||Maker: 0.04%, Taker: 0.06%||Maker: 0.01%, Taker: 0.05%|
|Promotions||Up to $1000 in rewards||Up to $500 in rewards||Up to $300 in rewards|
BHEX positions itself as a versatile exchange catering to diverse trader profiles.
For newcomers and those valuing simplicity, BHEX offers an uncomplicated interface and a low entry threshold, requiring just a $10 minimum account. The graduated fee structure tied to trading volume could attract active traders, as higher volumes correlate with lower fees, potentially augmenting their profits.
However, traders seeking advanced tools for in-depth analysis might find BHEX less suitable compared to platforms like Binance, which offer more extensive features tailored to their advanced needs. Ultimately, the suitability of BHEX as an exchange hinges on individual preferences and specific trading prerequisites.
BHEX, a cryptocurrency exchange, has encountered its share of challenges since its inception. Allegations of wash trading, opaqueness, and security issues have swirled around the platform. Furthermore, BHEX has faced backlash for its elevated fees, subpar customer assistance, and limited functionalities. In essence, BHEX remains a fledgling and unproven exchange, raising several concerns. Potential users should exercise caution and thoroughly assess the associated risks before engaging with the BHEX platform.
I've been using BHEX for a few months now, and I've got mixed feelings. The price volatility on this platform can be intense, which can be exciting but also nerve-wracking. Liquidity seems decent, at least for major coins, making it easier to execute trades. The transaction fees, though, are a bit on the higher side compared to some other exchanges I've used. On the plus side, BHEX's innovative tech and user interface are pretty smooth, making trading less of a hassle. However, I've noticed the customer support can be hit or miss – sometimes quick, sometimes not so much. All in all, it's a platform with potential, but some aspects still need polishing.
BHEX has been my go-to exchange lately, and I'm pretty satisfied. The price volatility keeps things interesting, and I haven't faced any liquidity issues so far. The transaction fees are reasonable, and I appreciate their innovative approach with some neat tech features. The user interface is clean and user-friendly, which makes trading a breeze. However, the community engagement could be better – it's not as active as I'd hoped. Overall, BHEX offers a solid trading platform with good tech and fees that won't break the bank.
In conclusion, BHEX, established in 2018 and licensed by the Monetary Authority of Singapore (MAS), operates as a secure digital asset exchange platform. It adheres to regulatory norms, collaborating with legal, audit, and compliant partners. BHEX offers a diverse range of 100+ cryptocurrencies, with a listing process that can exceed market values. The platform's fee structure is tailored to user trade volumes, and it provides educational resources for cryptocurrency knowledge. Withdrawal and deposit services are offered in collaboration with various exchanges. When compared to similar brokers like Binance and KuCoin, BHEX offers a fee structure of Maker: 0.1%, Taker: 0.2%, and requires a minimum account deposit of $10.
Q: What is a phishing attack？
A: Phishing is a deceptive scheme where malicious individuals pretend to be BHEXSG through electronic means to trick users into sharing sensitive data like usernames, passwords, and 2FA codes.
Q: What is BHEXSG and its services？
A: BHEXSG is a regulated digital asset exchange under MAS. It offers Withdrawal & Deposit services between ten exchanges: BitoPro, Bitsonic, DigiFinex Singapore, and more.
Q: What exchanges are supported for Withdrawal & Deposit？
A: BHEXSG facilitates asset transfers between exchanges including BitoPro, Bitsonic, DigiFinex Singapore, Independent Reserve, and others.
Q: When were ETH and ERC-20 token services resumed？
A: Following the Ethereum merge, ETH and ERC-20 token deposits and withdrawals resumed on September 16, 2022.
Q: How can I get customer support？
A: If you have inquiries, reach out to our customer service at firstname.lastname@example.org for assistance.
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.