Introduction
BTCC is a cryptocurrency trade based in 2011. Underneath the slogan “Change for a greater future,” BTCC goals to “make cryptocurrency buying and selling dependable and accessible to everybody.” To realize this imaginative and prescient, BTCC develops accountable crypto merchandise and creates user-friendly utility interface in an effort to boost the business normal for high quality buying and selling.
BTCC Change Overview
Serving the crypto group for over a decade, BTCC at the moment boasts a 24-hour buying and selling quantity of $8.31 billion and open curiosity of $4.72 billion in 24 hours. As of 2024, the BTCC Change app has seen greater than 5 million downloads since its preliminary launch in 2011.
BTCC is without doubt one of the few exchanges out there that focuses closely on futures buying and selling, offering traders with extremely leveraged choices. Customers have entry to over 300 perpetual USDT margin buying and selling pairs, together with many fashionable altcoins and meme-coins. Spot buying and selling has additionally just lately been made out there on the platform to cater to novice customers who will not be aware of futures buying and selling.
BTCC Change Particulars
| Web site | https://www.btcc.com/en-US |
| Variety of cash/tokens supported | 300+ |
| Supported languages | 14 (together with English, Spanish, French, Korean and Japanese) |
| Buying and selling modes | The long run, Spot |
| Affect | 1x to 225x for futures |
| Out there on cell | Sure |
| Location of HQ | Lithuania |
| Yr of basis | 2011 |
Platform interface
The BTCC trade platform is agreeable to the attention with black textual content on a white background. Drop-down tabs assist the consumer simply swap between choices. The platform is just not cluttered with adverts, carousel posts and banners that overwhelm new customers. The platform has the right mixture to assist new customers discover their footing whereas pro-traders undergo the method sooner or later.
Key options and capabilities
Design and usefulness
The design of the BTCC trade is straightforward and user-friendly. Icons, widgets, and dropdowns have been strategically positioned to supply a clean expertise for customers. It additionally has related info like 24-hour buying and selling quantity, worth change, and so forth. wanted to take a place.
markets
Unpacking the market has two choices; Futures and Spot Buying and selling zone. It additionally has an “Add to Favorites” choice. This function permits customers to manually choose the cryptocurrencies they’re concerned with and monitor their fluctuations. As well as, the platform permits customers to filter tokens based on varied parameters, together with Meme, SOL ecosystem, Internet 3 and Metaverse.
Spot buying and selling
The spot buying and selling website supplies all the mandatory instruments and data for customers to measure the market. The consumer has the choice to make use of totally different timeframes, indicators, and so forth. The order ebook on the proper offers customers an thought of the path the market is transferring.
Futures buying and selling
The BTCC trade provides leverage of as much as 225x to maximise the consumer's funding. Furthermore, since futures buying and selling is a dangerous enterprise, the platform provides customers a demo buying and selling mode to apply buying and selling in a risk-free surroundings. This enables customers to pseudo-trade and expose themselves to market situations with out shedding funds.
Other than having all of the technical evaluation instruments for buying and selling, the platform additionally permits merchants to set a restrict for the value motion or let it open at the perfect bid worth. As well as, merchants have the choice to manually set “Take Revenue” and “Cease Loss” positions.
Copy buying and selling
Futures buying and selling features a Copy Buying and selling choice that enables customers to repeat methods utilized by some profitable merchants. This provides the dealer a greater probability of revenue as these methods are tried and examined by skilled merchants. The platform permits the consumer to filter leaders based mostly on P&L (Revenue and Loss) and different parameters. The platform is moreover enriched with a replica buying and selling information for brand spanking new merchants.
The platform targets not solely new merchants but additionally skilled merchants. As such, it has a “Turn into a Chief” button that enables skilled merchants to share their methods on the platform. By providing their experience and permitting novice merchants to repeat their methods, skilled merchants are rewarded with parts of their follower's earnings. As well as, they might improve their earnings by gaining followers on the platform. Copy buying and selling campaigns are additionally supplied every now and then the place each followers and lead merchants might improve their earnings by collaborating and assembly sure necessities.
Supported cryptocurrencies
The BTCC platform helps greater than 300 cryptocurrencies.
Safety and transparency
No fraudulent exercise has been reported because the BTCC trade was launched in 2011.
- Consumer margins are segregated in a belief account, whereas consumer belongings are saved in a multi-signature pockets for higher safety.
- Customers' belongings are saved on a BTCC foundation: bitcoins can be saved if customers deposit bitcoins; Tether can be saved if customers deposit Tether
- SSL encryption is used to guard the consumer's private knowledge
- BTCC requires customers to confirm their identification via identification verification (KYC) earlier than depositing and withdrawing fiat forex funds
- BTCC's monetary state of affairs won’t be affected by market situations because it has not invested or participated in any staking or DeFi tasks
- BTCC's skilled group strictly implements inside and exterior system audits to make sure the community is breach-proof
- Two-factor authentication (2FA)
- Too many incorrect logins will lock the account
KYC process
The KYC course of helps strengthen consumer account safety and regulatory compliance. On the similar time, there’s an choice for nameless customers (with out KYC-ed) to commerce, however it comes with a limitation. For instance, customers who don’t full KYC on the platform can’t make fiat deposits and still have a decrease each day withdrawal restrict for his or her account.
Total, BTCC Change's KYC course of is straightforward and simple as customers solely have to take a photograph of their IDs utilizing the app and will get the outcomes inside minutes. To make the method even simpler, the BTCC web site additionally supplies a KYC information with screenshots to assist newbies.
Ordinance
BTCC holds a Crypto license issued by the Monetary Crimes Enforcement Community (FinCEN) within the US. It additionally holds a license issued by the Monetary Transactions and Studies Evaluation Heart of Canada (FINTRAC) and a cryptographic license issued by the Lithuanian Registrar of Authorized Entities. It’s also ranked among the many prime crypto exchanges by market quantity on acknowledged media platforms.
Deposit/withdrawal/commerce charges
Customers can deposit and withdraw simply however want to finish the KYC course of. Customers can deposit utilizing the listed fee techniques, together with bank cards, debit playing cards, financial institution transfers and even some cryptocurrencies. Nonetheless, in the case of withdrawals, they’ll solely be withdrawn in a cryptocurrency that’s related to a transaction payment.
Charges
BTCC costs transaction charges similar to deposits and withdrawals, buying and selling charges, and charges charged for utilizing mining funds.
Accepted fee strategies
Deposits might be made utilizing fiat or cryptocurrencies. Grasp and Visa credit score and debit playing cards are additionally accepted.
Achievements
- BTCC boasts 0 security incidents since its inception in 2011.
- BTCC was listed on Coingecko and CoinMarketCap
- Based in 2011, BTCC is now one of many longest operating crypto exchanges on the earth
Benefits and downsides
Professionals
- The cell app makes it straightforward to commerce on the go
- Helps 300+ currencies
- Versatile leverage, as much as 225x for sure cryptocurrencies
- Consumer pleasant interface
- A number of languages can be found
- It supplies customers with real-time info on cryptocurrency markets
- Free demo buying and selling mode
- Low transaction charges
Disadvantages
- Requires KYC for fiat transactions
- Excessive minimal deposit necessities for sure cryptocurrencies
- Future-oriented design takes newbies longer to get used to
Closing rating
- Providers supplied: 4/5
- Cryptocurrency Assist: 4/5
- Expenses: 4/5
- Safety: 4/5
- Overview Rating: 4/5
abstract
Given the quantity of fraud and fraudulent exercise that happens within the business, BTCC has been an excellent success for over 13 years with out tarnishing its title. Based on the web site, the consumer's belongings are saved in multi-signature wallets and the platform moreover has KYC. This reduces the prospect of unlawful actions.
Nonetheless, however, some retailers wouldn’t be keen to share their private info for KYC, and thus it might be a drawback. The app can be barely tailor-made for extra superior merchants and will not be as straightforward to navigate for first-time merchants. To compensate, BTCC provides a free demo buying and selling mode and new options similar to copy buying and selling to make issues simpler for newbies.
New members may earn welcome presents value as much as 10,055 USDT by finishing missions like those under:
Registration – 10 USDT
KYC Completion – 20 USDT
Making the primary deposit – 10 USDT
Strive the BTCC app
Often requested questions
With a monitor file of zero fraudulent exercise, the trade has no harm to its title. So the platform is secure for buying and selling.
Click on “Register” within the higher proper nook of the display screen
You’ll be able to create an account utilizing your electronic mail ID or cell quantity
Customers will pay with fiat or credit score or debit playing cards listed on the trade.
Disclaimer: The knowledge supplied on this article is for informational and academic functions solely. This text doesn’t represent monetary recommendation or recommendation of any sort. Coin Version shall not be accountable for any losses incurred because of using stated content material, services or products. Readers are suggested to train warning earlier than taking any motion associated to the Firm.
