How does BCTEX make money
there are eight crypto-fiat pairs;Earn up to 12.68% APY on Crypto Fixed Deposits.
Competitive base fee rate, both for makers and takers;.
The BCTEX Cryptocurrency trading has gained immense momentum in recent years, and it is an alternative investment medium with new trading strategies that can strengthen any trader’s financial portfolio. The most common way to trade in cryptocurrencies is through authorized crypto exchanges and crypto derivatives exchanges. BCTEX is one such advanced cryptocurrency derivatives exchange with many features and services to attract cryptocurrency traders worldwide. Let us go into a BCTEX exchange review to find out all about its mode of operation. The fees charged by BCTEX are lower than the industry average. When spot trading, you pay 0.10% per order. When contract trading, you pay 0.06% if you are a taker and 0.04% if you are a maker. Every trade occurs between two parties: the maker, whose order exists on the order book prior to the trade, and the taker, who places the order that matches (or “takes”) the maker’s order. It is common that exchanges charges makers less, as a way to incentivize orders that create liquidity in the market..
Standard trading fees at Bitrue are competitive. If you hold BCTEX Coin and use it to pay for fees, you get a 30% discount on trading costs. Overall, these fees are a bit lower than the starting fees..Standard trading fees at Bitrue are competitive. If you hold BCTEX Coin and use it to pay for fees, you get a 30% discount on trading costs. Overall, these fees are a bit lower than the starting fees..
2. Few features available for tradingThere are several features displayed on the homepage that might attract users, which are 2-factor authentication for security reasons, use of SegWit for blockchain size arrangements, BCTEXAPI for managing buying and selling options, and hardware storage of 95% of the client funds in offline multi-signature while having geographically distributed backups. For increasing security, BCTEXasks for valid identification such as an ID document and proof of address. It doesn’t allow for anonymity. It also suggests a security image special for each customer. Plus, BCTEX has its own mobile app, which makes it easier for its user to manage their accounts. There is no leveraged trading offered in the platform, so it s not for someone who is looking to trade CDFs. Also, there is no regulation. Payments with credit card, PayPal and cash deposits are not accepted..
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1. It offers a simple crypto trading experience.
BCTEX Global is one of the most secure cryptocurrency exchanges out there. Security is its main selling point. The platform is easy to use. If your crypto trading is mostly in popular currencies such as Bitcoin, Ethereum, Litecoin, Bitcoin Cash, or Zcash, you'll probably enjoy using BCTEX Global.1. Its license was issued by the Australian regulatory agency AUSTRAC;
The main features of BCTEX are convenient interface for efficient trading with tools for in-depth analysis of currencies; a wallet for storing coins, trading and client deposits; a payment method in the form of crypto deposits and fiat deposits via bank transfers; round-the-clock support service available by email or phone; security mechanisms such as a two-factor authentication scheme, multi-signature wallets and ID verification.no passive income options.
BCTEX Global partnered with Singapore-based crypto asset security platform, Onchain Custodian, which maintains custody of BCTEX Global ’s crypto assets. In addition, those assets are backed by Lockton, a private insurance brokerage.In its 7+ years of market experience, it has faced minimal security breaches. It offers history access, two-factor authentication, and IP-based access to users.
Due to continued regulatory uncertainty, we have made the difficult decision to wind down our U.S. operations, effective April 30, 2023. All funds are safe and can be fully withdrawn immediately. However, traders still can trade on regulated Binance, Huobi Global, OKX, Coinbase, BCTEX Global and etc.