Is BCTEX a centralized exchange
3. Support for fiat payment methods.
Very unique Portfolio Simulator and Score ToolsBCTEX.
BCTEX Exchange(BCTEX INTERNATIONAL EXCHANGE LTD) is a digital currency exchange built with a 0 million investment by Singapore's top blockchain investment company. Spot trading, futures trading, and OTC trading are available at BCTEX. In order to protect the safety of user funds, BCTEX set up a security deposit pool of 1000 BTC and 10 Million USDT for users, while publicizing the address of the guaranteed pool. .
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Another noteworthy feature of BCTEX is its support for multiple cryptocurrencies, including popular assets such as Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). The platform also supports assets from the BitShares blockchain, including BitShares (BTS), Steem (STEEM), and EOS (EOS). This wide range of assets offers users a diverse investment opportunity, as well as the ability to trade between different cryptocurrencies.
It's also important to do a thorough cryptocurrency exchange fee comparison. Analysing this metric in this Binance vs BCTEX comparison, it's clear that BCTEX has the lowest trading fee percentage of 0.10%, while the second place goes to Gate.io with a fee of 0.20%.
Funds can be withdrawn in different ways; also, conversion into dollars and euros at the market rate is available.The platform claims to stand out from the competition due to deep liquidity for Bitcoin perpetuals, a professional trading dashboard, low trading fees, and no deposit or withdrawal fees. BCTEX offers futures and other derivatives, but for beginners, the functionality of the exchange can be complex. On top of that, BCTEX only does crypto-to-crypto trading without the possibility of depositing fiat.
The wallet supports only BTC and BCH. Payment with the wallet is available with over 40 merchants including Microsoft, Shopify, 3DCart, Cydec, Foxycart and more.BCTEX is a full-service platform that stands out from the rest due to its fee model. The exchange charges a 0.1% spot fee (0.1% of the transaction value for market makers and takers with discounts available to high-volume traders). The contract trading fee is based on a Maker-Taker model, where BCTEX charges 0.06% for Market Takers and 0.01% for Market Makers. The platform does not charge any fees for crypto deposits to trading accounts. For more details, refer to the Fee Structure.
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