When you hear the name BiKi, you might think of a crypto exchange that once promised big things - low fees, high volume, and a token that would skyrocket because they burned 100% of trading fees. But if you’re thinking of signing up, trading, or depositing funds right now, stop. BiKi isn’t just slow or outdated. It’s gone.
Launched in August 2018, BiKi.com came onto the scene with flashy claims: over 470 cryptocurrencies, 500+ trading pairs, and a $1.2 billion daily trading volume. They even had backing from big names like Huobi’s co-founder and FBG Capital. For a while, it looked like they were going to be the next mid-tier player to challenge Binance or Huobi. But by 2025, every sign points to one thing: BiKi is dead.
What Happened to BiKi’s Trading Platform?
If you visit BiKi.com today, you’ll see a website that looks mostly normal. The logo is there. The login button works. The trading interface loads. But try to place an order - any order - and nothing happens. No error message. No confirmation. Just silence.
Independent testers from ICO Rankings ran real checks in November 2025. They tried buying Bitcoin, selling Ethereum, placing futures contracts. Every button clicked. Every form filled. But the system never sent a single trade to the order book. It was like walking into a car dealership where every vehicle has a price tag, but none of them start.
There’s no liquidity. No depth in the order books. No market makers. No one trading. CoinMarketCap stopped tracking BiKi in Q3 2024 because there was zero volume for over six months. That’s not a glitch. That’s a shutdown.
The BIKI Token: A Promise That Never Delivered
BiKi’s whole model was built around its own token, BIKI. They claimed 100% of all trading fees went straight into buying back and burning BIKI tokens - a classic way to create scarcity and drive price up. Sounds smart, right?
Except there’s no proof. Ever. No blockchain transactions showing BIKI being bought from the open market. No wallet addresses showing burns. No public ledger of how many tokens were destroyed each month. Just words on a website.
Even if they had burned tokens, the token itself became worthless. BIKI’s price dropped to near zero by late 2023. Trading volume on BIKI pairs vanished. The token wasn’t listed on any major wallets or DeFi platforms. It became a digital ghost.
Why Did BiKi Fail When Others Survived?
Look at Binance. They have audits, proof of reserves, regulatory compliance in multiple countries, and billions in daily volume. Kraken publishes monthly transparency reports. Coinbase is licensed in the U.S.
BiKi did none of that.
No independent audits. No reserve verification. No regulatory license anywhere. No insurance fund. No customer support that responded after 2023. When the crypto market crashed in 2022, exchanges that weren’t transparent collapsed. BiKi didn’t just collapse - it disappeared quietly.
Other mid-tier exchanges like DragonEX and BitKRX met the same fate. They all made big promises, attracted users with marketing, and then vanished when liquidity dried up. BiKi was one of the worst examples.
User Experiences: No Withdrawals, No Answers
Reddit threads from March 2023 are full of users asking: “Has anyone successfully withdrawn from BiKi?” One thread had 142 comments - almost all saying the same thing: “I deposited, I tried to withdraw, nothing happened.”
A user named CryptoCaution88 posted in April 2025: “I deposited $500 to test it. The interface loaded. I tried to buy some ETH. Nothing went through. I contacted support twice. No reply. Three weeks later, my account showed $0. I never withdrew.”
Telegram groups like BikiEnglish and BikiVietnam haven’t posted since mid-2024. The last message? “Temporary maintenance.” That was over a year ago. No updates. No explanation.
Trustpilot, SiteJabber, Reddit - no recent reviews. Zero. Not because people are happy. Because no one’s left to review it.
Is BiKi a Scam?
Legally, it’s hard to call it a scam without proof of intentional fraud. But practically? Yes. It operated like one.
They collected deposits. They promised features. They marketed aggressively. Then they stopped delivering - and stopped responding.
Cryptolegal.uk lists BiKi in their “Reported Scam Companies” registry alongside known fraudulent platforms like 088EX and 100x-bitcoin.com. Not because they have court documents. But because the pattern matches: hype, then silence.
If you deposited funds on BiKi after 2023, you likely lost them. There’s no recovery process. No customer service. No legal recourse. The company behind it never registered a legal entity publicly. No address. No contact info. Just a website that looks real - but doesn’t work.
What Should You Do If You Still Have Funds on BiKi?
First - don’t panic. But don’t expect help either.
Try logging in. If you can, check your balance. If it’s still there, try withdrawing a small amount. If it fails - and it will - you’re not alone. There’s no official channel to recover funds. No email response. No phone number. No legal team.
Your best move? Accept the loss and move on. Block the website. Delete any saved login info. Never deposit funds into an exchange that doesn’t have public audits, clear regulation, or active trading volume.
BiKi isn’t coming back. There’s no roadmap. No team update. No new listings since 2023. Even their own token is worthless. This isn’t a temporary issue. This is a funeral.
Where to Trade Instead
If you’re looking for a reliable crypto exchange, don’t risk your money on ghost platforms. Stick with exchanges that:
- Have published proof of reserves (like Kraken or Coinbase)
- Are regulated in major jurisdictions (U.S., EU, UK, Japan)
- Have consistent daily trading volume (over $100 million)
- Respond to customer support tickets within 24 hours
- Have active communities on Reddit, Twitter, and Telegram
For beginners: Coinbase or Kraken. For advanced traders: Binance or Bybit. All of them have real liquidity, real support, and real track records.
BiKi was a warning sign. Don’t make the same mistake twice.
Is BiKi crypto exchange still operational in 2026?
No. BiKi is not operational. While the website still loads, all trading functions are broken. No orders execute, no withdrawals process, and there’s been zero trading volume since late 2024. CoinMarketCap has labeled it as "Untracked," meaning it no longer meets basic activity thresholds.
Can I withdraw my funds from BiKi?
Based on hundreds of user reports from 2023 to 2025, withdrawals do not work. Users who tried withdrawing funds reported the system either froze, showed success messages without processing, or simply ignored the request. There is no verified case of a successful withdrawal after mid-2023.
Was BiKi ever a legitimate exchange?
BiKi operated as a real exchange between 2018 and early 2022, with actual trading volume and user activity. But it never had transparency - no audits, no reserve proofs, no regulatory licenses. After 2022, it stopped delivering on its core promises. By 2024, it became a shell. Legitimacy requires ongoing operation and accountability - BiKi lost both.
Did BiKi get hacked or shut down by regulators?
There’s no evidence BiKi was hacked or officially shut down by regulators. Instead, it appears to have collapsed from within - due to lack of liquidity, poor management, and failure to adapt to rising industry standards. It faded out quietly, without announcement or explanation.
Is the BIKI token still worth anything?
No. The BIKI token has no value. It’s not listed on any major exchanges, not traded on DeFi platforms, and has no liquidity. Its price dropped to near zero in 2023, and there’s been no trading activity since. Even if you hold BIKI tokens, you cannot sell or use them.
Should I avoid all small crypto exchanges?
Not all small exchanges are risky - but you must check for three things: public proof of reserves, active trading volume, and responsive customer support. If an exchange doesn’t provide these, treat it like a potential trap. BiKi wasn’t small - it was just untrustworthy. Size doesn’t guarantee safety. Transparency does.
