P2B vs Biking: Fees, Security, Features & Which to Choose (2025)

Trying to choose between P2B and Biking This side-by-side comparison reveals total cost (fees + spreads), security & licenses, coins/derivatives, deposits/withdrawals, and app quality. In 2 minutes you’ll see who wins for beginners, active traders, and long-term holders. Clear pros/cons, a quick verdict, and safe links to get started.

Last updated on August 16, 2025

p2b

P2B

biking

Biking

⚠️ We look for what’s best for you.

Getting into crypto? With eToro you can start in minutes: buy/sell top coins, set recurring buys, track markets, and use Social/CopyTrader features.

👉 Start here and explore the crypto offer.

Table of Contents

Available Countries

United States

No

Europe

Yes

Latin America

Yes

India

No

China

No

Canada

No

United Kingdom

No
Yes

United States

Yes

Europe

Yes

Latin America

Yes

India

No

China

Yes

Canada

Yes

United Kingdom

Thinking about starting with crypto? This is for you.

In select regions, eToro offers a $10 welcome bonus when you open an account today.*

🎯 An account built to help you start with crypto—without the hassle.

➕ Buy and sell top cryptocurrencies in minutes

➕ Recurring buys, price alerts, and advanced charts

➕ Social/CopyTrader™ to follow experienced investors

➕ One of the largest and most trusted platforms worldwide

etoro logo.webp

Limited-time promotion — still available.

*Offer subject to terms, eligibility and regional availability. Don’t invest unless you’re prepared to lose all the money you invest.

P2B is ideal if:

Biking is ideal if:

P2B isn’t ideal if:

Biking isn’t ideal if:

Fees & Total Costs

Spot Maker/Take

P2B uses a tiered structure based on 30-day trading volume, starting at 0.2 % for both maker and taker, decreasing gradually to as low as 0.01 % maker and 0.1 % taker at the highest volume tiers.
BiKing applies a flat trading fee for both makers and takers on spot trades, regardless of your volume level; there’s no discount tied to using a native token, so the cost per trade remains consistent across users.

Futures/Derivatives

P2B does not currently offer futures or derivatives trading on its platform.
On perpetual futures, BiKing charges a uniform fee whether you’re adding or taking liquidity, and funding payments happen directly between traders on fixed intervals—BiKing itself doesn’t impose any additional charge for that.

Average Spreads on Liquid Pairs

Typical spread data isn’t publicly listed, but high liquidity in top pairs like BTC/USDT and ETH/USDT suggests spreads are likely competitive and in line with other major spot exchanges.
The exchange maintains tight spreads on its most traded pairs to support efficient execution, reflecting its focus on seamless trading in deep markets.

Fiat Deposits & Withdrawals

Users can deposit fiat via wire transfer or credit card; withdrawals are available for fiat but come with percentage-based fees (e.g., 1 % for USD, 5 % for EUR) and processing time varies by method and currency.
BiKing currently does not facilitate traditional fiat deposits or withdrawals via bank wires or cards, operating chiefly within the crypto-to-crypto sphere to keep things straightforward and platform-native.

On-chain Withdrawals

Crypto withdrawals such as BTC are charged a fixed network-based fee (for example, around 0.0005 BTC), with similar fixed fees applied across supported blockchains like Ethereum and Tron.
Withdrawal costs are dynamically calculated based on network conditions—BiKing passes along the prevailing network fee for each blockchain rather than using a fixed fiat-denominated rate.

Hidden Costs

Users may encounter extra charges—including currency conversion fees, inactivity penalties, or expedited KYC service fees—though specifics are not always disclosed, and should be factored into overall costs.
There’s no evidence BiKing applies fees for things like currency conversions, account inactivity, or expedited verification processes, making its structure transparent and predictable beyond standard trading and withdrawal costs.

Real-World Cost Example: “€500 BTC

If you purchased €500 worth of BTC, you’d pay the trading fee (~0.2 %) plus any embedded spread, and then send funds on-chain—incurring the fixed BTC withdrawal fee—resulting in a slightly lower net amount of BTC received than the nominal purchase suggests.
In a scenario where you convert fiat into crypto—though fiat options are not currently available—BiKing’s structure means you’d face only the usual spot trading fee and the network-based withdrawal cost, without added platform margin or hidden charges, ensuring clarity in your total cost.

Crypto Offering & Trading Features

Number of Coins & Pairs

P2B currently supports around 118 to 120 cryptocurrencies and approximately 185 trading pairs, with its top 20 pairs including highly liquid ones such as ETH/USDT, BTC/USDT, BTC/USD, LTC/USDT, BNB/USDT, SOL/USDT, ADA/USDT, AVAX/USDT, and XRP/USDT.
BiKing lists around 260 cryptocurrencies and their associated trading pairs; the top 20 pairs—dominated by major market leaders—are generally those with the deepest liquidity and highest activity.

Product Range

The platform offers spot trading, access to launchpad/IEO/IDO participation, staking/earning opportunities, API-based trading, but does not offer margin, futures or derivatives like perpetuals, options, ETFs, lending, copy trading, grid bots, or automated DCA.
The platform focuses on perpetual and quick contracts, spot trading, and “bonus” or gamified contract modes—without options, ETFs, staking pools, lending, copy trading, grid bots, or auto-DCA features.

Liquidity

P2B delivers notable liquidity, with 24-hour volumes exceeding one billion USD; ETH/USDT alone often sees hundreds of millions in daily volume, while BTC/USDT also ranks among the most traded, indicating solid order book depth.
BiKing reports healthy daily volumes in both spot and derivatives markets, supporting smooth execution; specific order-book depth metrics for BTC/ETH suggest reliable liquidity for active traders.

Tools

P2B’s trading interface includes limit and market orders (stop, OCO not clearly offered), customizable charts with drawing tools, real-time API access, but lacks native TradingView integration and order alerts as detailed features.
BiKing supports standard order types like limit, stop, and OCO, and includes charting and API access, though it lacks built-in TradingView integration or advanced alert systems.

Geographic Restrictions by Product

Some advanced offerings like derivatives are simply not available globally—P2B lacks complex products, and certain country-specific access (e.g., full product access in the U.S.) may be limited by regulation and platform policy.
Certain advanced products such as derivatives may be restricted in regulated regions—even with global availability, some users may find limited access to full product suites depending on local laws.

Innovation

P2B distinguishes itself with a launchpad (IEO/IDO) that has grown over 2,000 projects and raised significant funds, supports multiple blockchains (24 integrated) and offers both flexible and structured earn/staking opportunities for users and projects.
While lacking a traditional launchpad, BiKing does offer bonus-mode trading (a task-based rewards system) and appears exploring features like GameFi zones to engage users in flexible, incentive-driven trading experiences.

Security, Regulation & Custody

Operating Entity & Jurisdiction

P2B is operated by a Lithuania-based company (often referenced as Partida Services), established around 2018, with links also to Ukraine and Spain, while ambiguously listing the UK as a “competent jurisdiction” despite lacking clear legal basis there.
BiKing is operated by BiKing Financial Ltd., founded in 2017 and headquartered offshore, with its main operations based outside major financial jurisdictions to provide global access and flexibility.

Licenses/Registration

P2B is not officially licensed under top-tier global regulators or registered as a Virtual Asset Service Provider (VASP) under EU MiCA or equivalent frameworks, making its regulatory standing opaque and reinforcing its classification among less-regulated platforms.
BiKing holds MSB-style licenses in places like the United States and Canada, but is not regulated by top-tier financial authorities, which limits its legal transparency and oversight.

Custody

There is no public evidence that P2B uses third-party custody services, publishes standard Proof of Reserves (PoR), or discloses the percentage of assets in cold storage—indicating limited transparency in how user assets are safeguarded.
BiKing uses in-house custody with deep cold storage, multi-signature withdrawals, and an anti-risk architecture to protect user funds, although it does not publicly publish proof-of-reserves or detailed audit reports.

Insurance & Protection Funds

P2B does not advertise any insurance coverage or protective funds for user assets, such as those that might cover losses from hacks or insolvency, which implies users bear most of the custodial risk themselves.
There’s no publicly disclosed insurance or user compensation fund, meaning users rely primarily on BiKing’s internal security framework rather than external protection schemes.

Incident History

There are no recorded instances of major hacks or service suspensions publicly documented, but the platform’s downgraded compliance rating and warnings from regulators like the Canadian BCSC raise concerns about its operational risk profile.
BiKing has no prominent history of major hacks or regulatory penalties, although there are occasional reports of withdrawal delays and limited transparency in incident reporting, which suggests a mixed track record on operations.

Risk Controls

P2B generally supports basic safety features including two-factor authentication (2FA) and KYC processes, though more advanced security tools like API key whitelisting, sub-account structure, anti-phishing protection, or fine-grained API permissions are either limited or not clearly detailed.
The platform supports robust safety features such as two-factor authentication, encryption, intrusion prevention systems, and expressive API controls, all reinforced by firewall protections and multi-layer risk policies.

Transparency

The exchange lacks routine public reporting such as monthly transparency reports, does not offer a publicly verifiable wallet address list, and does not present any formal service-level agreements (SLA), making its transparency practices minimal.
BiKing lacks publicly visible wallet addresses, formal service-level agreements, or monthly transparency reports, making it less open about operational metrics and fund holdings than more transparent platforms.

Deposits, Withdrawals, KYC & Support

Fiat Deposit Methods

Users can fund their account via credit/debit cards (e.g., Visa/Mastercard via Simplex), third-party e-wallets like ADVcash or Perfect Money, and bank wire transfers; deposit minimums vary by provider while processing ranges from near-instant (cards) to a few days (wires).
BiKing does not support traditional fiat deposit methods—like bank transfers, cards, or e-wallets—so there’s no associated limits or processing times to consider.

Supported Fiat Currencies & Conversion

Users can fund their account via credit/debit cards (e.g., Visa/Mastercard via Simplex), third-party e-wallets like ADVcash or Perfect Money, and bank wire transfers; deposit minimums vary by provider while processing ranges from near-instant (cards) to a few days (wires).
BiKing does not support traditional fiat deposit methods—like bank transfers, cards, or e-wallets—so there’s no associated limits or processing times to consider.

KYC (Verification Levels)

KYC is optional; unverified users face a daily withdrawal cap (~$1,000–$2,000), while completing full identity verification—providing documents, selfie, address—removes these limits and unlocks full account functionality.
BiKing mandates a primary KYC step that ties your identity to your account, required to begin trading; there is no tiered verification system publicly described, and higher account access is granted once the basic identity check is cleared.

Withdrawals

Withdrawal time depends on the asset and wallet (up to 24 hours or 36 hours for cold storage); users choose networks (e.g., ERC20, TRC20, BEP20) when available, with limits and speeds tied to asset and verification level.
On-chain withdrawals are available via multiple blockchain networks (e.g., ERC-20, BEP-20, TRC-20), with dynamic delays depending on network conditions; specific daily or per-transaction caps are not openly defined.

Customer Support

Support is offered 24/7 via live chat, email, Telegram, and a comprehensive knowledge base, with response times generally fast; resource materials and FAQs help resolve most routine inquiries quickly.
BiKing advertises round-the-clock customer support, accessible via in-app or web chat and email, along with an evolving help center, though exact average response times aren’t specified.

Languages & Localization

The platform interface is available in several languages (including English, Spanish, Korean, Russian, Turkish, Thai), displays fees and balances in EUR or USD, but doesn’t tailor regulatory details per region beyond the general operating framework.
The interface is fully available in English among other languages; while fees or quotes aren’t localized to € or $ specifically, the platform remains region-agnostic without deep alignment to particular local regulatory setups.

App Quality & Stability

The web interface is modern and robust with advanced charting and API stability, but mobile apps are inconsistently available—Android is claimed but hard to find, and iOS may be missing—possibly affecting mobile reliability.
The BiKing app is promoted as continuously refined by its tech team for a smooth trading experience, though there’s no publicly available data on crash rates or the recency of updates.

Experience, Performance & Ecosystem

UX/UI

The interface is crafted to balance simplicity with functionality—while there’s no explicit “Lite/Pro” toggle, the trading dashboard presents a clean design with candlestick charts, multiple technical indicators, and customizable layout elements, allowing both newcomers and more experienced users to tailor their view.
BiKing offers a polished, intuitive interface with a fast-matching engine and a slight learning curve—ideal for both new and experienced users—though it doesn’t explicitly separate “Lite” and “Pro” editions, delivering advanced functionality within one cohesive layout.

Performance

Thanks to its high-speed matching engine capable of handling up to 10,000 transactions per second, P2B maintains notably fast order executions even during high-volatility periods; user reports indicate the platform remains stable with minimal latency spikes, though KYC delays can occur during sharp bull runs.
The platform emphasizes microsecond-level order matching and anti-risk mechanisms to keep operations stable during spikes in market volatility, maintaining responsiveness when others might lag.

Education

The platform lacks a formal academy or demo simulator, but it does offer educational value through blog content, project launch tutorials, and insights in Spanish and other languages—though no structured demo or Spanish-language academy currently exists.
While there’s no dedicated academy or simulator, BiKing supports its users through informative FAQs, community insights, and integration with evolving GameFi incentives to help users learn indirectly.

Community

P2B supports community engagement via official Telegram and live support messaging, has a referral program and periodic airdrop or trading competition incentives, but lacks a formal forum or Discord-based discussion hub for broader peer interaction.
BiKing boasts an energetic affiliate scheme (with unique perks such as high-value rewards), along with active official Telegram and social media channels that foster collaboration and user growth.

Integrations

The exchange offers its own graphical trading tools and APIs, yet it doesn’t provide direct integration with TradingView or external trading bots, nor specialized tax or accounting tool integrations at this time.
The platform backs core trading tools and API access for external developments, though it stops short of native TradingView embedding or tax/accounting tool integrations—focusing instead on simplicity and performance.

Who Each One Is Best For

P2B suits traders who value a fast, intuitive trading experience with easy token launch participation—especially project creators or early investors—while those seeking advanced educational tools, trading automation, or social trading features may find it less fitting.
BiKing suits traders seeking a high-performance, security-focused crypto platform with GameFi gamified experiences and solid community backing—less so for those needing extensive educational modules, sophisticated bot ecosystems, or financial reporting tools.
Best platforms to invest in cryptocurrencies

📈 Millions already choose eToro for crypto investing online

Buy and sell top coins in minutes — recurring buys, price alerts, advanced charts

See why it ranks #1 in our head-to-head comparisons

Cryptoassets are highly volatile and unregulated in some regions. No consumer protection. Tax may apply. Don’t invest unless you’re prepared to lose all the money you invest.