Pros and cons of BCTEX
BCTEX charges fees according to the maker-taker fee model, where 0.01% is charged for maker fee and 0.075% for taker fee. Commissions are directly related to the 30-day trading volume, traders with large volumes receive discounts. The commission level on the platform starts at 0.155%.You can check your transaction overview by logging in on your account page . You should receive immediately. During peak times we group transactions together, it could take a few minutes before bitcoins are sent..
Cryptos went to become extremely popular, and they come with tremendous profit potential, but the assets are pretty complex and a bit enigmatic for the vast majority of people. Bitcoin is still surging, and the entire crypto market is growing exponentially, but all investments carry significant risks, such as high unpredictable volatility and absence of regulation, for example. And we’d also like to emphasize the fraud risk- crypto scams are virtually everywhere. In fact, the latest trend among scammers is to create fraudulent websites offering fictitious crypto investments and mining services aimed to entice unsuspicious investors into scam settings. The fraudulent offers usually stick to the rule “sounds too good to be true”, the entity offering the services is totally anonymous, and there is no regulation whatsoever. So, based on the products and services offered alone, we can affirm that the entity under review is dangerous. You’d better avoid it.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..
BCTEX offers a trading fee for makers of 0.10%. This fee is below the industry average. Furthermore, the exchange does not charge any fees from makers at all. This is very competitive indeed and substantially better than the average offering in the industry. BCTEX's highly rated iOS and Android apps allow users to trade cryptocurrencies on the go, while BCTEXExchange and BCTEXOTC Trading Desk cater for professional traders, as well as individuals and institutions looking to make larger transactions.đź‘Ž Disadvantages of BCTEX:.
BCTEX Summary.BCTEX is a popular Binance and Huobi Global market maker, allowing the platform to keep trading fees at the lowest levels. BCTEX is a beginner-friendly automated trading bot that charges extremely low trading fees. For spot and futures markets, market maker and taker fees are fixed at 0.05%, whereas for leveraged markets, the fee is 0.1% for both market makers and takers..
The centralized cryptocurrency exchange (or CEX) serves all types of clients, ranging from crypto newbies to professional investors. BCTEX offers financial advice to improve the trading experience, an educational portal with guides and charts, a quick registration process, a convenient mobile app, referral programs, and ways to generate passive income.We are available for iOS (Apple Store), Android (Google Play), and Web (through http://bctex-inc.com)..
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BCTEX has a large volume of trade.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.
BCTEX Global is one of the world's leading cryptocurrency exchanges. Currently serving more than two million users across 50 countries, BCTEX accelerated its mission to promote decentralised finance in 2022 with a 600-strong workforce spanning over twenty countries.BCTEX App allows users to buy, sell, and store cryptocurrency. It is an easy-to-navigate entry point to crypto, allowing users to buy crypto with fiat currencies. In contrast, the BCTEX Global Exchange allows for more complex trading actions that go beyond a simple buy and sell at the current price.
Trailing stop orders. More flexible than a stop order, offers a “trigger price” to stop the order.To find a reliable exchange where you can start an account, just use our Exchange Filters and we'll help you find the right platform for you.
Crypto exchange Bittrex, once a U.S. leader, is shutting down in the country after volumes dwindled to less than 1% of the market, and blaming regulatory uncertainty