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.From payment methods to spot trading and security,BCTEX operates smoothly, allowing users to trade without any security issues.BCTEX is available in four languages: English, Japanese, Chinese, and Korean. It is not, however, available to clients in the United States. Therefore, it seems likely thatBCTEX is based in Asia or is at least geared toward the Asian crypto buying public..

BCTEX is a cryptocurrency exchange that has a somewhat unusual offer. It is a digital asset-only exchange, which means it is not as friendly to newcomers to crypto hedging. As you can see, BCTEX is a specific platform in many ways. First, it doesn't offer to deposit and withdraw using conventional money..

There 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. It offers browser-based and mobile platforms for spot transactions with cryptocurrencies, including pairs with fiat Taiwanese dollars. In addition to active trading, the clients of the exchange have access to investment plans with different terms, and they can also earn from staking digital assets. The BCTEX Exchange cooperates with KGI Bank, which is part of China Development Financial Holding, which is in the field of KYC verification and bank trust custody..

However, as a rule of the financial game, research before you invest. In that context, let us analyze what Bctex global has for traders..cons.

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