introduction

BTCC is a cryptocurrency change based in 2011. Underneath the slogan “Alternate for a Higher Future,” BTCC focuses on “making crypto buying and selling dependable and accessible to everybody.” To attain this imaginative and prescient, BTCC strives to develop accountable crypto merchandise, create a user-friendly app interface, and lift the trade customary for high quality buying and selling.

Overview of BTCC change

Serving the cryptocurrency group for over a decade, BTCC at the moment boasts 24-hour buying and selling quantity of $8.31 billion and 24-hour open curiosity of $4.72 billion. As of 2024, BTCC Alternate's app has recorded over 5 million downloads since its preliminary launch in 2011.

BTCC is without doubt one of the few exchanges available in the market that focuses on futures buying and selling and presents excessive leverage choices to buyers. Customers can commerce over 300 of his USDT margined perpetual buying and selling pairs, together with many in style altcoins and meme cash. Just lately, spot buying and selling has additionally been made out there on the platform to accommodate novice customers who are usually not conversant in futures buying and selling.

BTCC change particulars

platform interface

The BTCC buying and selling platform is straightforward on the eyes with black textual content on a white background. Dropdown tabs permit customers to simply change between choices. The platform will not be crowded with advertisements, carousel posts, and banners that overwhelm new customers. The platform is the right mix to assist new customers discover their footing whereas serving to skilled merchants full the method within the nick of time.

Most important options and capabilities

Design and ease of use

The design of the BTCC change is straightforward and simple to make use of. Icons, widgets, and dropdowns are strategically positioned to supply a clean expertise for customers. As well as, it additionally contains related data corresponding to 24-hour buying and selling quantity and worth actions, which you should take a place.

market

There are two choices available in the market dropdown. Futures and Spot Buying and selling Zone. There’s additionally an “Add to Favorites” possibility. This characteristic permits customers to curate the cryptocurrencies they’re serious about and monitor their fluctuations. Moreover, the platform permits customers to filter tokens by numerous parameters corresponding to Memes, SOL Ecosystem, Net 3, and Metaverse.

spot transaction

The spot buying and selling web page gives all of the instruments and data customers want to guage the market. Customers have the choice to make use of completely different time frames, indicators, and many others. The order guide on the proper facet permits customers to know the path of market motion.

futures buying and selling

BTCC change presents as much as 225x leverage to maximise customers' investments. Moreover, since futures buying and selling is a high-risk enterprise, the platform presents a demo buying and selling mode the place customers can observe buying and selling in a risk-free atmosphere. This permits customers to make simulated trades and achieve publicity to market situations with out dropping their funds.

Along with having all of the instruments for technical evaluation for buying and selling, the platform additionally permits merchants to set limits on worth fluctuations and open at one of the best bid worth. As well as, merchants have the choice to manually set 'Take Revenue' and 'Cease Loss' on their positions.

copy buying and selling

Futures buying and selling has a replica buying and selling possibility that lets you copy the methods utilized by some profitable merchants. This provides merchants a greater likelihood of constructing earnings, as these methods are tried and examined by skilled merchants. The platform permits customers to filter leaders primarily based on P&L (revenue and loss) and different parameters. Moreover, the platform is well-stocked with copy buying and selling guides for brand new merchants.

This platform caters to new in addition to seasoned merchants. That's why we’ve got a “Turn into a Chief” button the place skilled merchants can share their methods on the platform. By providing their experience and permitting novice merchants to repeat their methods, skilled merchants can obtain a portion of their followers' earnings. Moreover, you have got the potential to extend your income by gaining followers on the platform. Copy buying and selling campaigns are additionally supplied every so often, permitting each followers and lead merchants to take part and develop their earnings by assembly sure necessities.

Supported cryptocurrencies

The BTCC platform helps over 300 cryptocurrencies.

Safety and transparency

No fraudulent exercise has been reported because the BTCC change was launched in 2011.

• Person margins are segregated into belief accounts and person belongings are saved in multi-signature chilly wallets for added safety.
• Person belongings are saved on BTCC on a 1:1 foundation. If a person deposits Bitcoin, the Bitcoin shall be saved.Tether is saved when a person deposits it
• SSL encryption is used to guard customers' private information
• BTCC requires customers to confirm their identification by means of Know Your Buyer (KYC) earlier than depositing or withdrawing funds in fiat forex.
• BTCC’s monetary standing doesn’t change on account of market situations because it doesn’t spend money on or take part in staking or DeFi initiatives
• BTCC's staff of specialists strictly conducts inside and exterior system audits to make sure community intrusion prevention.
• Two-factor authentication (2FA)
• Too many incorrect logins will lock you out of your account

KYC process

KYC processes assist improve the safety and regulatory compliance of customers' accounts. On the identical time, there are alternatives that permit nameless customers (not KYCed) to commerce, however this comes with limitations. For instance, customers who haven’t accomplished their KYC on the platform won’t be able to make fiat deposits and also will have a decrease every day withdrawal restrict for his or her account.

Total, BTCC Alternate's KYC process is straightforward and simple, customers simply must take a photograph of their ID utilizing the app, and get outcomes inside minutes. To make the method even simpler, BTCC's web site additionally gives his KYC information with screenshots to assist novices.

regulation

BTCC has a crypto license issued by the US Monetary Crimes Enforcement Community (FinCEN). It additionally has a license issued by the Monetary Transaction Reporting and Evaluation Middle of Canada (FINTRAC) and a crypto license issued by the Lithuanian Registration of Companies. Moreover, it ranks among the many high cryptocurrency exchanges by market quantity on acknowledged media platforms.

Deposit/withdrawal/transaction charges

Customers can simply deposit and withdraw cash, however they have to full a KYC course of. Customers can deposit with the listed cost methods, together with bank cards, debit playing cards, wire transfers, and even some cryptocurrencies. Nonetheless, for withdrawals, you may solely withdraw in digital forex and transaction charges shall be charged.

Price

BTCC costs transaction charges corresponding to deposits and withdrawals, transaction charges, and mining pool utilization charges.

Acceptable cost strategies

Deposits may be made in fiat or cryptocurrencies. Grasp and Visa credit score and debit playing cards are additionally accepted.

efficiency

• BTCC boasts zero safety incidents since its founding in 2011.
• BTCC was listed on Coingecko and CoinMarketCap
• Based in 2011, BTCC is at the moment one of many longest-running crypto exchanges on this planet.

Benefits and downsides

Sturdy Factors

• Simply commerce on the go together with our cellular app
• Helps over 300 currencies
• Versatile leverage, as much as 225x on sure cryptocurrencies
• Person pleasant interface
• A number of languages ​​out there
• Gives customers with real-time details about the digital forex market
• Free demo buying and selling mode
• low buying and selling charges

Disadvantages

• KYC is required for authorized transactions
• Excessive minimal deposit necessities for sure cryptocurrencies
• It takes time for novices to get used to futures-oriented designs

remaining rating

• Service supplied: 4/5
• Cryptocurrency help: 4/5
• Worth: 4/5
• Safety: 4/5
• Evaluation rating: 4/5

abstract

Contemplating the quantity of fraud and fraud that happens inside the trade, it’s a powerful accomplishment that BTCC has managed to maintain its title clear for over 13 years. In response to the web site, customers' belongings are saved in multi-signature chilly wallets, and the platform additionally has KYC. This reduces the potential for criminality.

Nonetheless, however, some merchants are usually not keen to share private data for KYC functions, which generally is a downside. Additionally, this app is barely tailor-made for extra superior merchants and might not be straightforward to navigate for first-time merchants. To compensate for this, BTCC presents a free demo buying and selling mode and new characteristic releases corresponding to copy buying and selling to make issues simpler for novices.

New individuals may also obtain welcome presents price as much as 10,055 USDT by finishing missions corresponding to:

Registration – 10 USDT

KYC completion – 20 USDT

First deposit – 10 USDT

Strive the BTCC app

FAQ