BTCC Exchange Review 2024

Summary

Founded back in 2011, BTCC is known as one of the longest-serving cryptocurrency exchanges in existence. Based in Lithuania, Europe, BTCC has navigated through various bull and bear markets unscathed by any hacks, demonstrating resilience and durability for over a decade, catering to users globally. However, that hasn’t stopped it from providing exchange services to its customers worldwide. Let’s dive into a detailed BTCC Exchange review and what the crypto exchange offers in 2024.

Ratings

Key Features:

What is BTCC Exchange?

BTCC is one of the longest-serving / most established cryptocurrency exchanges that supports some of the most popular cryptocurrencies on the marketplace, such as Bitcoin, Litecoin, Bitcoin and Ethereum. The exchange offers relatively low trading fees for its users.

The exchange has witnessed 3+1 Bitcoin halvings and has a proud record of maintaining a perfect 13-year streak without encountering any security issues.Operating for more than a decade now, BTCC has served over 2 million individuals, with more users connecting with them yearly.

How Does BTCC Exchange Work?

BTCC Exchange has one of the most complete sets of cryptocurrency futures trading services in the industry, including over 300 top-notch and widely recognized offerings for its clients. After that, trading is allowed to start, with the users registering either from the app or the website, after which they deposit funds into their accounts from a bank wire, credit card, or the accepted modes of deposit.

On account activation, traders now get access to a whole variety of highly liquid crypto futures, enabling them to diversify using various strategies. The more users trade, the more they get to benefit from a tiered VIP system, where the fees incurred are less as the progression goes on to the next tier. Additionally, users can earn rewards, mitigating trading fees and enhancing overall profitability.

BTCC Platform Options

BTCC has only one sole platform, which is available on both mobile app and desktop. It comes with all the necessary features, including multiple order types, tools for technical analysts, and high liquidity. Users have the freedom to trade both on the web-based platform and the app through just a single account.

BTCC Exchange Features and Advantages

BTCC Exchange is filled with features which cater to various requirements of their clients.

•  Demo Trading Account

BTCC provides a demo trading account for clients to try before they invest in the platform. This demo account which comes with a virtual fund of 100,000 USDT provides a perfect tool for experimentation before investing any real money. It also provides novices with a detailed understanding of how the platform works without risking any real funds.

• Perpetual Features

Perpetual futures refers to an agreement to buy or sell an asset, non-optionally, at an unspecified point in the future. On BTCC, clients can get access to perpetual futures on over 300 cryptocurrencies with leverage of up to 225x.

• Easy Conversion

With BTCC, users can easily convert more than 200 cryptocurrencies, including popular ones such as Bitcoin, Ethereum and XRP into USDT.

• Tokenized Futures

BTCC introduced tokenized futures on traditional instruments such as stocks, silver and gold.

• Copy Trading

Copy Trading is an excellent way for novice and other traders to copy the strategies of experienced traders and earn rewards. With BTCC, clients can copy the trades of expert traders in the hopes of earning bigger rewards.

How to Start Trading With BTCC App

Starting to trade on BTCC is very easy and requires following some basic steps.

• Depending on the device the user is on, they can either search on the Apple store or Google Play for the respective apps or can directly visit the website at http://www.btcc.com.
• Alternatively, clients can also click on this link, which will automatically redirect them to the App Store, Google Play Store or the official website, depending on the device they are on.
• Then, clients have to register using their email address and phone number to proceed to fund his or her trading account.
• After funding is complete, the client is free to choose from a list of more than 300 cryptocurrency futures to trade with since BTCC is well-known for crypto futures trading.

Crypto Futures Trading on BTCC

BTCC provides futures trading, which allows users to leverage up to 225x on over 300+ USDT-margined and coin-margined perpetual contracts. Traders can profit by holding either short or long positions.

If the user did not have USDT, then it will offer him to exchange USDT at BTCC. Users can convert more than 200 different types of cryptocurrencies into USDT instantly through this tool to trade USDT-margined futures instantly on the platform.

The BTCC Conversion Function is a welcome addition to a trader’s arsenal. This allows BTCC clients to convert the crypto they own into USDT within mere seconds. With this, users aren’t required to go through cumbersome processes of transferring crypto out of their wallet and then converting them into USDT.

Copy Trading at BTCC Exchange

BTCC Exchange has recently introduced a copy trading feature at the delight of its clients. BTCC users can now easily copy the trades of expert traders in real-time. This effective method allows them to increase their profitability in the long run. After inputting parameters like maximum margin and position size, the system automatically starts copying the trades of the expert traders the user follows.

There are two ways one can engage in copy trading – fixed ratio and fixed amount. This allows users to copy traders using either a certain ratio of the expert trader’s margin or a set position size, depending on the user’s risk appetite. Copy trading also allows the expert traders to earn a profit share of 10% to 15% of the copier’s trade.

BTCC Exchange Fees

On the other hand, BTCC comes with trading fees to the users who are on the VIP level, while those at a lower level enjoy the less competitive fees. They range from 0% to 0.045%, and VIP details can be accessed from the platform at their website: https://www.btcc.com/en-US/fees.

Further, BTCC offers many occasions through which users can earn coupons, trading funds, and vouchers used to offset trading fees and thus reduce the overall user’s trading costs.

There is also a VIP bonus, which allows users to enjoy exclusive perks including fast withdrawals, comparatively low fees, priority customer support, BTCC merchandise, discounts on trading fees, and access to exclusive campaigns.

Deposit and Withdrawal Methods

A huge part of user-friendliness and accessibility of cryptocurrency exchanges are their deposit and withdrawal methods, and BTCC certainly doesn’t disappoint in this aspect. Clients can avail themselves of any of the listed payment systems, including credit cards, debit cards, wire transfers, and even some cryptocurrencies. However, users have to complete KYC before they can fund their accounts with USD.

Now, BTCC only allows withdrawal in cryptocurrency. Every cryptocurrency withdrawal is bound to fixed charges that pay off the cost of transferring it on the blockchain. Users can withdraw more than 200 different cryptocurrencies onto their private wallets on the platform.

BTCC customer service

BTCC provides an intuitive customer service interface, which is improved frequently by feedback from clients. Account holders are contacted by the BTCC team directly if they ruconsidering n into any problems or queries. The support system can be reached via email and live chat.

Campaigns at BTCC Exchange

Currently, BTCC Exchange has three campaigns.

• The first is a new user welcome bonus where users have an opportunity to receive a bonus of up to 10,055 USDT.
• There is also the #BitcoinOnBTCC branding campaign. Users have the chance to earn rewards by accomplishing tasks such as depositing funds, trading, and referring others. They can observe their rewards increase as Bitcoin reaches various block height milestones.
• The BTCC Grand Jackpot is currently ongoing, requiring registration. A total prize pool of 110,000 USDT trading funds is given out among 110,000 tickets. One ticket rewards 1 USDT trading fund. Max: A total of 300 tickets are participants in the trading period being due in 13 hours. Terms and Conditions apply; Register now and claim your chance!

BTCC security measures

BTCC uses several security measures to safeguard the interests of its users. These include account segregation, where user margins are segregated in a trust account. Their assets are also stored in a multi-signature cold wallet for added security. BTCC also maintains a 1:1 storage of user’s assets. In other words, it stores Bitcoin only when users deposit it, and similarly for any other crypto. Apart from the above security features, BTCC also conforms to money laundering prevention and identity authentication.

Final Thoughts

The above features make BTCC a strong crypto trading platform of the future, serving both retail traders and professional traders. With an offering of 300+ popular crypto futures, copy trading, demo accounts, campaigns for earning more rewards, and whatnot, it pretty much sets the place for BTCC into the industry. Finally, with 12 years’ history in the crypto space industry, BTCC has a reputation that precedes: free from any security incidences.

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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.