Is it safe to trade on BCTEX
1. the ability to start trading with any amount;.
ProsYou can check your transaction overview by logging in on your account page . You should receive immediately. During peak times we group transactions together, it could take a few minutes before bitcoins are sent..
fixed taker/maker fee does not depend on the activity of the trader, the indicator is average for the market; There are several features displayed on the homepage that might attract users, which are 2-factor authentication for security reasons, use of SegWit for blockchain size arrangements, BCTEXAPI for managing buying and selling options, and hardware storage of 95% of the client funds in offline multi-signature while having geographically distributed backups. For increasing security, BCTEXasks for valid identification such as an ID document and proof of address. It doesn’t allow for anonymity. It also suggests a security image special for each customer. Plus, BCTEX has its own mobile app, which makes it easier for its user to manage their accounts. There is no leveraged trading offered in the platform, so it s not for someone who is looking to trade CDFs. Also, there is no regulation. Payments with credit card, PayPal and cash deposits are not accepted.4. It is a very active exchange..
Regarding the fees, BCTEXhas reasonable commission fees which become more favorable as the trading volume of the user increases. However, there is a minimum deposit and withdrawal amount (1000 TRY) via bank transfer. There is a very small limit for instant transfers, which is 10 TRY..3. The trading terminal is characterized by transactions with high stability and great speed;.
2. There are no tools for placing orders.
John Doe
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Native Token YesDue to continued regulatory uncertainty, we have made the difficult decision to wind down our U.S. operations, effective April 30, 2023. All funds are safe and can be fully withdrawn immediately. However, traders still can trade on regulated Binance, Huobi Global, OKX, Coinbase, BCTEX Global and etc.
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.AltCoinTraderBCTEX offering many crypto-crypto and crypto-fiat pairs. The benefits include low trading fees, easy exchange service, and simple functionality of the platform. The platform is designed for active trading, The orders are executed quickly and all of the main deposit/withdrawal options are available.
Consistently rated #1 over the past decade
A. BCTEX earns money with exchange fees for professional traders, who use our API or web terminal and from market making. We earn from market making with our own assets, but also by marketing investment products, where we earn performance fees.BCTEX ensures that 95% of its crypto is stored in “deep freeze” multisignature wallets protected by various encryption layers. BCTEX works with regulators in the markets in which it operates (Malaysian operations are regulated by the Securities Commission Malaysia) and supports progressive regulation of the cryptocurrency industry. BCTEX has implemented robust AML/CFT measures, which include a mandatory, tiered approach to KYC, registration with local financial intelligence authorities, and the reporting of suspicious activity and transactions.
Summary of BCTEX Crypto Exchange