What documents do I need for opening an account with BCTEX
BCTEX is a good exchange for starting active trading and for long-term investment.Languages.
đź’° Account currency: CryptocurrenciesCybersecurity Measures: The firm reportedly has several partners to provide smart contract auditing and network security such as Chaitin Tech, SECBIT, KNOWNSEC.COM, Lianan.org, and John Wick Security Lab..
BCTEX Exchange also offers leveraged trading to its users. The maximum leverage level for their crypto contracts is 100x (i.e. onehundred times the relevant amount). A word of caution might be useful for someone contemplating leveraged trading. Leveraged trading can lead to massive returns but – on the contrary – also to equally massive losses. This broker platform offers six major account categories, which are discussed in detail in this BCTEX review.4. commissions are lower than the market average and do not depend on the trading volume;.
The platform is characterized by high stability and performance, and the trading terminal is standard. There is a referral program with payments of 50% of the commissions of invited users. The investment is implemented in a staking format. The pool of crypto assets is constantly replenished through an open listing. Market API is available. There are no specialized solutions for novice traders, such as like demo accounts..The fees charged by BCTEX are lower than the industry average. When spot trading, you pay 0.10% per order. When contract trading, you pay 0.06% if you are a taker and 0.04% if you are a maker. Every trade occurs between two parties: the maker, whose order exists on the order book prior to the trade, and the taker, who places the order that matches (or “takes”) the maker’s order. It is common that exchanges charges makers less, as a way to incentivize orders that create liquidity in the market..
BCTEX is a cryptocurrency exchange focused on trading services that provide maximum assets. The company specializes in cryptocurrency trading and coin exchange; it does not provide investment programs..
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BCTEX Crypto Exchange with the custom design layout for traders and simplified cryptocurrency conversion option;What is BCTEX ?
A. BCTEX earns money with exchange fees for professional traders, who use our API or web terminal and from market making. We earn from market making with our own assets, but also by marketing investment products, where we earn performance fees.
The trading platform is available in few languages, being English, Chinese, South Korean and etc. According to information on its website, the platform is backed by people having an aggregate experience in finance/exchanges of more than 20 years.The BCTEX exchange is a cryptocurrency trading service. You can trade Bitcoin, Ethereum, Litecoin, FXT Token, DRK Chain, Moonpot (BEP20), as well as over 300 altcoins and tokens on the platform. There are no fiat funds, only crypto-to-crypto pairs. They use the TradingView desktop trading terminal and an application for mobile trading based on the TradingView model. The app comes in versions for iOS and Android. There are no investment solutions, demo accounts, or training. There is no minimum deposit, and registration and verification are standard. Of the additional earning options, there is only a one-level referral program. Fixed commissions are 0.2% for taker and maker. However, if an exchange token (BIA) is used to pay off the commission, the commission is reduced to 0.1%.
The platform provides an opportunity to reduce trading fees by up to 0.1%.