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BTCC stands out as the world’s longest-serving crypto exchange by meeting the needs of all types of crypto traders. Here, users get a fair trading environment for crypto enthusiasts worldwide. Also, anyone can easily purchase cryptocurrencies with fiat dollars with full security. BTCC is different as it comes with unique features like high-leverage trading and copy trading.
The platform has an impeccable record with zero security issues since its inception. Also, BTCC has a commitment to growth, focus, experience, and fairness. The platform has over 2.1 million registered users. Their 24-hour trading volume frequently surpasses $12 Billion. In this article, check the review for BTCC and explore its unique capabilities:
BTCC’s Legacy Of Trust
BTCC’s journey started over a decade ago. Since 2011, the platform has maintained wonderful security with zero incidents. The exchange has successfully safeguarded user crypto assets. BTCC has been preventing any unauthorized access or losses by using multi-signature cold storage wallets to store different crypto coins.
These wallets are kept offline, away from the internet. It makes them nearly impervious to hacking attempts. Also, the exchange maintains an insurance fund to cover any unexpected losses. This fund acts as a safety net, ensuring that users’ balances are protected even in extreme market conditions.
Another good thing about this crypto exchange is that it meets the Payment Card Industry Data Security Standard (PCI DSS). PCI DSS validation helps eliminate the risks of cyber attacks on the BTCC platform. It provides protection against credit card fraud.
Additionally, BTCC offers negative balance protection. Traders never risk losing more than their initial deposit. Regular updates, security audits, and adherence to industry best practices demonstrate the exchange’s commitment to responsible practices.
Supported Cryptocurrencies
BTCC provides access to over 300 popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Tether (USDT), BNB (BNB), Solana (SOL), XRP (XRP), USD Coin (USDC), and Dogecoin (DOGE). Additionally, BTCC gives trade pairs starting from predominant coins to fan tokens, memecoins, and tokenized futures of commodities and stocks. Overall, this crypto exchange allows users to diversify their portfolios by providing a wide variety of cryptocurrencies.
Products & Features
The mission of the BTCC exchange is to provide a fair trading platform for crypto enthusiasts worldwide. This cryptocurrency exchange platform offers these products and features:
1. Copy Trading
Copy trading features mirror the trades of experienced traders. In this way, users get benefits from their expertise. They potentially earn rewards based on the performance of the copied trades. The system automatically starts copying the trades of the lead traders you follow after setting your parameters, such as position size and maximum margin.
The system mirrors the lead trader’s actions, like opening or closing a position. Also, this method provides a 10-15% profit-sharing ratio for lead traders based on average copy trading volume in the last 30 days. BTCC’s copy trading feature offers two distinct modes: fixed amount and position ratio.
Fixed Amount provides users the option to designate a specific sum to be allocated to each copy trading order. Position Ratio allows users to establish a consistent ratio for each copy trading order in relation to the lead trader’s position.
For example, if the lead trader initiates an order with a margin of 10 USDT and the copy trader chooses a 10x ratio, the margin for the copied order will amount to 100 USDT.
2. Perpetual Futures Contracts
Perpetual Futures Contracts by BTCC provide access to over 300 cryptocurrencies. These contracts allow investors to take a position at the price movement of different digital assets without an expiration date. Traders use leverage of up to 225x while buying and selling perpetual futures. This high leverage enables users to significantly increase their profits (or losses).
3. Easy Conversion
BTCC allows easy conversion among distinctive cryptocurrencies and USDT (Tether). Users can convert more than 200 cryptocurrencies, including famous ones like BTC (Bitcoin), ETH (Ethereum), and XRP, into USDT. This function simplifies portfolio management and risk mitigation.
4. Tokenized Futures
BTCC offers a unique product called tokenized futures. These futures follow traditional financial instruments such as gold, silver, and stocks. Traders use USDT as a margin to trade these tokenized futures. It allows exposure to traditional markets alongside their crypto holdings
Deposit And Withdrawal Fees
The exchange boasts a no deposit fee policy. Users transfer cryptocurrencies into their BTCC accounts without incurring any charges. However, users may still encounter fees charged by their sending wallet or platform, as well as network gas fees.
A fixed fee is charged for each cryptocurrency withdrawal to cover the blockchain transfer fees. Users can check the real-time rates listed on the withdrawal page for the most accurate estimate.
VIP Program
BTCC’s VIP program rewards its most loyal users with a host of extraordinary advantages. The exchange boasts the lowest buying and selling expenses inside the market, similarly reduced for VIP participants. Below, you can check the benefits of the VIP program:
– Fee Discounts: VIPs enjoy lower conversion and withdrawal fees, and higher VIP levels offer greater discounts.
– Bonus Coverage: Starting from VIP2, users can cover fees with coupons.
– Priority Support: SVIP members receive priority customer support.
– Fast Withdrawal: SVIPs benefit from faster withdrawal processing.
– Exclusive Campaigns: Access to VIP-only campaigns and BTCC merchandise.
Different Campaigns Of BTCC
Embark on a journey through BTCC Exchange’s groundbreaking initiatives, where innovation meets opportunity in the world of cryptocurrency trading.
New User Welcome Reward
New users on BTCC are greeted with a welcome reward. Upon registering on the platform, users can claim a 10 USDT coupon. This initial bonus serves as an incentive for newcomers to start trading and explore the various features of the exchange. Then, users can claim 20 USDT to complete identity verification (KYC).
Grand Jackpot
The Grand Jackpot is a significant campaign that BTCC runs, offering a substantial prize pool. For instance, in a recent campaign, the total prize pool was 10,055 USDT in trading funds, with each ticket potentially winning 2 USDT in trading funds. Users can earn tickets by achieving a certain trading volume, and the rewards are credited instantly once the required volume is met. This campaign boosts trading activity on the platform and rewards users for their engagement.
Twitter Campaigns
BTCC Exchange regularly hosts campaigns on its official Twitter account, offering exciting weekly giveaways of cryptocurrency prizes.
Creating An Account With BTCC
You can start crypto trading through the official website or BTCC mobile app. Registering for a BTCC account is straightforward. Below, you can check the simple steps to create an account on this crypto exchange:
1. Visit the official website of the BTCC crypto exchange. Click on the signup button to create an account. Also, customers can visit Google Play or the Apple Store to download the BTCC app for the signup process.
2. Provide your email address. You will receive a verification code via email.
3. Enter the verification code. Now, you can create a password for your account. Accept the Terms of Service, Privacy Policy, and Risk Disclosure.
4. Complete Identity Verification:
– Drag the slider to complete the verification.
– Take a photo of your ID (identity document) within the camera frame.
– Position your face to fit the frame and take a selfie.
– The system will review your documents, and once verified, your data will be accepted.
Congratulations! You’ve successfully opened an account on BTCC. You can make deposits using credit cards/debit cards, cryptocurrency, or make bank transfers to fund your accounts.
Conclusion
BTCC offers a secure and feature-rich platform for cryptocurrency trading. With a flawless security record and adherence to industry standards like PCI DSS, users can trust that their assets are safe. The platform’s diverse range of features, including high-leverage trading, copy trading, perpetual futures contracts, and easy conversion options, cater to the needs of all types of traders. Additionally, BTCC’s VIP program rewards loyalty with exclusive benefits, while innovative campaigns make the trading experience exciting. Whether you’re a beginner or an experienced trader, BTCC provides a user-friendly interface and comprehensive support to help you navigate the crypto market with confidence.
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Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and technical analysis and has spent over a year as a financial markets contributor and observer. He possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the Financial markets.
