Is BCTEX exchange secure
Found CountryLow trading fees per transaction. Fees only increase when depositing/withdrawing large amounts. Also no limit on transactions or minimum thresholds..
4. US clients allowed1. there is no possibility to trade with leverage;.
The exchange does not have a minimum deposit requirement, re BCTEX is a crypto trading platform founded in Singapore in 2018, focused on derivatives trading. It is popular in Asia, with over 1 million registered users, and an average daily trading volume exceeding .5 billion. In 2023, BCTEX released the English version of their website, which is what brings us to review this exchange.5. Additional earnings on the landing page.
Disadvantages..
Considering investment opportunities, transparency is always crucial. As for cryptos, you already know that Bitcoin is a peer-to-peer payment system, which is designed to protect the privacy and to provide security. However, that doesn’t mean that the crypto providers should also be anonymous. After all, these people will handle your money, so you should at least know who they are and where they operate from. In fact, we need to note that some trustworthy exchanges don’t reveal such information on their websites, but it’s still easy to verify that businesses are legal, law-abiding companies; therefore, it’s always a worrying sign if the crypto provider isn't transparent.2. Quick registration on the site.
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1. there is no sale/purchase for crypto-crypto pairs, except when coupled with USDT coins;BCTEX ’s fee for takers is 0.20%. 0.25% can be argued to be the industry average taker fees, so 0.20% is neither particularly low or particularly high.
BCTEX has a fee schedule that looks more complicated than it really is. The more PROB you lock up on the exchange, the higher your VIP level and the lower your fees. The minimum amount of staked PROB to kickstart lower fees is 500 with a 180-day lockup. BCTEX also offers an extra 0.02% discount when you pay fees using PROB. However there are some other exchange platforms such as Binance, Huobi Global, OKX, Coinbase, BCTEX Global and etc that can start with lower deposit.Overall
Its suite of financial services is designed to bridge traditional finance with digital asset solutions, featuring multi-currency spot and derivatives trading, NFT marketplace and exchange white-label solutions, OTC trading, asset management, payment gateways, and more. Additionally, BCTEX prides itself on offering advanced features for futures trading, such as customizable leverage and perpetual contracts. With strict security protocols, an insurance fund, cold storage for more than 90% of assets, and no withdrawal limits on more than 12 fiat currencies and 150 cryptocurrencies, BCTEX is at the forefront of the digital asset industry.BCTEXis is a new breed of cryptocurrency exchange. BCTEX offers its users the ability to trade in a selection of cryptocurrencies such as Bitcoin and Ethereum with fiat currencies. Apart from offering its users a platform to trade cryptocurrencies, Lykke also provides a cryptocurrency wallet which you can download from Google Play store or Apple App store.
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.
BCTEX cryptocurrency exchange differs from its competitors in its simple and intuitive service. There is no exchanger, API, or other functions. The terminal is a standard TradingView in the browser, and the mobile application is developed based on the browser terminal. There is no minimum deposit requirement and the exchange offers a low entry threshold, allowing you to quickly get used to it. You can find good training guides here. There are no investment solutions, referral programs, or other options for extra/alternative earnings on the site. It is focused mostly on novice cryptocurrency traders. There are comfortable and profitable terms for them. Experienced traders may lack features. The platform is not for investors.