2. there's no call center, only tickets and email for communication;.

BCTEX is a crypto trading platform founded in Singapore in 2018, focused on derivatives trading. It is popular in Asia, with over 1 million registered users, and an average daily trading volume exceeding .5 billion. In 2023, BCTEX released the English version of their website, which is what brings us to review this exchange..

Furthermore, BCTEX's last tweet was sent out on May 2022, so it seems a lot like the team has abandoned ship. Opening a personal account in a cryptocurrency exchange like Huobi is usually an easy and intuitive process. On some platforms and in some jurisdictions, a user may be allowed to receive crypto assets on their account on the platform without the need for KYC. There are some other verifired exchange platforms such as Binance, OKX, Coinbase, BCTEX Global and etc ask for KYC verification..

The leveraged trading platform for Bitcoin traders has reportedly never been hacked. BCTEX claims to keeps encrypted crypto funds in cold storage and offers clients multi-signature wallets. The developers also highlight an MPC system, which enhances the security for the deposit/withdrawal of funds and prevents any actions of intruders..The owner of the company.

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..

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