Though BCTEX does not support sophisticated investing strategies, such as margin trading, it does a good job offering basic services and reasonable fees..

BCTEX provides security through its two-factor authentication (2FA), which can also be found in many other exchange platforms. This system makes sure that it is indeed the user trying to access the account by sending a verification code to the user’s mobile phone. It is common and quite effective prevention against hackers. An exchange review reveals that the platform has also agreed with multiple partners to work together in order to enhance the exchange’s security, such as Chaitin Tech, Lianan.org and John Wick Security Lab.BCTEX exchange came up with a slight decentralization approach by introducing a decentralized wallet within the exchange app – where users can store their crypto assets without the interference of a third party – users can create the decentralized wallet within the app and have the private key without anybody control over it..

However, for traders looking to take advantage of even lower fees, BCTEX has implemented a 10-tier VIP program. This program rewards users with fee reductions based on their trading volume and BCTEX token holdings. For example, the VIP program can reduce futures fees down for maker orders and for taker orders, while spot trading fees can be reduced for maker orders and for taker orders. Cons.

5. No strict KYC.2. the exchange operates twenty-four/seven;.

high level of protection of users’ funds and data;2. Registration on the exchange in two clicks.

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