Bexplus Crypto Exchange Review 2025: Features, Risks & Current Status

Looking for a quick verdict on whether Bexplus is still worth your time? This review cuts through the hype, the crypto‑community chatter, and the 2022 shutdown to tell you exactly what the platform offers, where it falls short, and what you should watch before committing any funds.

Quick Take

• Founded in 2017, Bexplus specializes in 100x leveraged Bitcoin‑based futures.
• No‑KYC policy makes account creation instant, but also raises regulatory red flags.
• Only Bitcoin can be deposited or withdrawn - you’ll need another exchange to get BTC first.
• Operations were suspended in July2022; there’s no public roadmap for reopening.
• Ideal only for privacy‑focused, high‑risk traders who already understand derivatives.

What Is Bexplus?

Bexplus is a cryptocurrency derivatives exchange that launched in 2017, offering perpetual futures with up to 100× leverage. It markets itself as a “world‑leading” platform for high‑leverage trading and operates from offices in Singapore, Japan, the United States, and Brazil.

The platform’s core promise is simple: trade Bitcoin‑denominated futures without ever showing your ID. If that sounds like a privacy win, you’re right - but the trade‑off is a very narrow product set and an uncertain operational status.

Key Features & How They Work

• 100× Leverage: Traders can open positions worth up to 100 times their margin. This amplifies gains but also means a 1% adverse move can wipe out a position.
• Bitcoin‑only deposits: You must own BTC before you can fund any trade. There’s no fiat gateway or support for altcoins.
• Perpetual futures contracts: Available for BTC, ETH, LTC, EOS, and XRP, all quoted against USDT.
• No‑KYC onboarding: Sign‑up requires only an email address and a verification code.
• Demo account: A sandbox environment lets you practice strategies with virtual funds.
• Interest‑earning wallet: Bexplus advertises up to 72% annual returns on held Bitcoin (subject to platform solvency).
• Affiliate program: Earn 10‑50% commissions on referral deposits.

Security & Custody

According to the platform’s own documentation, Bexplus stores the bulk of user funds in multi‑signature encrypted cold wallets. The claim is similar to what many reputable exchanges do, but independent audits are scarce.

Because the exchange only deals in Bitcoin, the custody model is less complex than multi‑coin platforms. However, the 2022 suspension raised questions about whether those cold wallets were ever fully insulated from operational risk.

Regulatory Landscape

KYC (Know Your Customer) requirements are a cornerstone of global anti‑money‑laundering laws. By intentionally avoiding KYC, Bexplus positions itself against the tide of tightening regulations in the UK, EU, and U.S. that increasingly mandate identity verification for high‑leverage products.

This approach attracts privacy‑focused traders but also makes the platform a potential target for regulatory crackdowns. The lack of a clear compliance framework is one of the biggest red flags for institutional investors.

Operational History & Current Status

In July2022, Bexplus announced a temporary suspension of all trading activity. The pause coincided with a wave of market turmoil-including the FTX collapse-and heightened scrutiny on high‑leverage platforms. Since then, no official statements have confirmed a relaunch, and the website’s support channels have been largely silent.

For anyone considering opening an account today, the practical reality is that you cannot trade on Bexplus until the platform publicly confirms that operations have resumed. Until then, any deposited Bitcoin remains in limbo.

Pros & Cons at a Glance

Who Should Use Bexplus?

If you fit one of the following profiles, Bexplus might still be worth monitoring:

• Experienced futures traders who already understand margin calls and liquidation mechanics.
• Privacy‑first users who refuse to share personal documents with any exchange.
• Affiliates looking for high commission rates and a 100% deposit bonus to attract newcomers.

Conversely, if you are a beginner, need fiat on‑ramps, or require robust customer support, you’re better off with a mainstream exchange that complies with local regulations.

Risk Management Tips for High‑Leverage Trading

1. Never risk more than 1‑2% of your total capital on a single position.
2. Set stop‑loss orders immediately after entering a trade.
3. Use the demo account to test any new strategy before committing real BTC.
4. Keep only the margin you’re willing to lose in the exchange; store the rest in a personal hardware wallet.
5. Stay updated on regulatory news - a sudden crackdown could freeze your account.

How to Get Started (If the Platform Reopens)

1. Buy Bitcoin on a reputable exchange (e.g., Coinbase, Kraken).
2. Transfer the BTC to the Bexplus deposit address provided after email registration.
3. Enable two‑factor authentication (2FA) on your Bexplus account.
4. Explore the demo environment to familiarize yourself with the UI and margin calculator.
5. When comfortable, move a small portion of your BTC to the live account and set a max leverage below 50× to start.

Bottom Line

In a market flooded with compliant, multi‑asset platforms, Bexplus crypto exchange stands out for its privacy‑first stance and ultra‑high leverage. Those are appealing features, but the platform’s single‑coin deposit model, limited product lineup, and, most critically, its indefinite suspension make it a high‑risk choice in 2025. Unless the team provides a clear roadmap for reactivating services and strengthening regulatory compliance, most traders will find better value-and far less uncertainty-elsewhere.

Frequently Asked Questions

Is Bexplus still operating?

No. The exchange announced a suspension of all activity in July2022 and has not issued any official update indicating a restart. Until a public announcement is made, trading is not possible.

Can I deposit fiat on Bexplus?

No. Bexplus only accepts Bitcoin for deposits and withdrawals. You must acquire BTC on another exchange first.

What does 100× leverage actually mean?

With 100× leverage, you can open a position worth 100 times the amount of BTC you lock as margin. A 1% price move opposite to your position can trigger liquidation, wiping out your margin.

Is the lack of KYC a security risk?

The anonymity protects privacy but also means the platform lacks robust AML safeguards. It can attract illicit activity, drawing regulatory attention that could further jeopardize the exchange’s existence.

How does Bexplus store user funds?

According to the exchange, funds are kept in multi‑signature encrypted cold wallets. Independent audits are not publicly available, so users must trust the platform’s self‑reported security claims.

Can I use a demo account to practice?

Yes. Bexplus offers a sandbox environment that mimics live market data but uses virtual BTC. It’s a good place to test leverage settings before risking real funds.