Pros & cons28. Which countries support BCTEX.

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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. One disadvantage lies in the fact that the exchange lacks transparency. Though the address of their headquarters is provided on the website, there isn’t any information regarding the team behind the exchange. This lowers the credibility of the platform, as not knowing the expertise and backgrounds of the people in charge of the exchange could deter users from trusting BCTEX.The BCTEX is cryptocurrency exchange which is a regional standard-bearer in blockchain solutions and development. The exchange has implemented a range of proprietary techniques in the field of optimization and security. Exchange and OTC trading are available for cryptocurrency-to-cryptocurrency and cryptocurrency-to-fiat pairs. Bitcoin (₿), Ethereum (Ξ), Tether (₮), Ripple, and other assets are representative of cryptocurrencies and tokens. Trading is carried out through a browser terminal such as TradingView, and there is no mobile application. There is no minimum deposit and no leverage. In addition to trading itself, clients of the exchange can earn contributions to third-party blockchain projects. Therefore, the website can be recommended not only for active traders but also for investors. Trading commissions are below the market average, namely, 0.2% for taker and maker..

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..support service is also integrated into the trading terminal;.

Website.

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