BiKing Review: Why This Unregulated Crypto Exchange Is Too Risky

When you hear BiKing, a crypto exchange with no regulatory oversight and a history of security failures. Also known as BiKing exchange, it's a platform that attracts traders looking for high leverage—but at a cost most users can't afford to pay. Unlike regulated exchanges that hold user funds in cold storage and carry insurance, BiKing operates without any of those protections. There’s no FDIC-style backup, no transparent audit trail, and no clear team behind it. If something goes wrong—and it has before—you’re on your own.

BiKing isn’t just risky because it’s unregulated. It’s risky because it actively encourages high leverage crypto trading, trading with borrowed money that can wipe out your account in minutes. One moment you’re up 5x, the next you’re down 100%. And when the platform freezes withdrawals or shuts down during volatility—as happened with similar exchanges like GCOX, a platform with zero users and no security, or CBX, a crypto exchange flagged for withdrawal issues—you won’t get your money back. These aren’t hypotheticals. They’re real cases documented on this site.

People still sign up for BiKing because it promises big wins. But the math doesn’t add up. The odds favor the platform, not the trader. And without KYC or compliance, there’s no legal recourse if you’re scammed. If you’re serious about trading, you don’t need BiKing. You need an exchange with a track record, insurance, and real customer support. The posts below break down exactly why BiKing stands out for all the wrong reasons—and what safer platforms you should consider instead.