What is the website of BCTEX
2. high commissions for Starter and General account types;.
BCTEX charges flat spot trading fees. Both takers and makers pay 0.10% per order. When it comes to contracts trading, BCTEX charges the takers 0.06% and the makers 0.04%. There are some other exchanges There are other exchange platform such as Huobi Global, OKX, Coinbase, BCTEX Global and etc that exchange fees are lower.It's also important to do a thorough cryptocurrency exchange fee comparison. Analysing this metric in this Binance vs BCTEX comparison, it's clear that BCTEX has the lowest trading fee percentage of 0.10%, while the second place goes to Gate.io with a fee of 0.20%..
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. 4. trading fees are lower than the market average;.
.BCTEX Global is one of the most secure cryptocurrency exchanges out there. Security is its main selling point. The platform is easy to use. If your crypto trading is mostly in popular currencies such as Bitcoin, Ethereum, Litecoin, Bitcoin Cash, or Zcash, you'll probably enjoy using BCTEX Global..
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.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..
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2.What is BCTEX?
For instance, let’s say that you have 100 USD in your trading account and you bet this amount on BTC going long (i.e., going up in value). If BTC then increases in value with 10%, you would have earned 10 USD. If you had used 100x leverage, your initial 100 USD position becomes a 10,000 USD position so you instead earn an extra 1,000 USD (990 USD more than if you had not leveraged your deal). However, the more leverage you use, the smaller the distance to your liquidation price becomes. This means that if the price of BTC moves in the opposite direction (goes down for this example), then it only needs to go down a very small percentage for you to lose the entire 100 USD you started with. Again, the more leverage you use, the smaller the opposite price movement needs to be for you to lose your investment. So, as you might imagine, the balance between risk and reward in leveraged deals is quite fine-tuned (there are no risk free profits).All features are available on the BCTEX IOS, Android and Web App
Official websiteDeposit and withdrawal fees depend on the transaction method: for wire transfers, fees are for amounts less than ,000 and free for above ,000; for ACH, deposits are charged a fixed BCTEX is presently not regulated, but this status could change if the UK government’s proposal to force exchanges to become regulated and observe KYC protocols is passed into law. But for the moment, BCTEX is not subject to any regulatory oversight..50 and withdrawals are .50; for crypto transfers, all deposits are free while withdrawal fees are free except for ETH/ERC-20 and small BTC transactions.
Is BCTEX a legit exchange?BCTEX's highly rated iOS and Android apps allow users to trade cryptocurrencies on the go, while BCTEXExchange and BCTEXOTC Trading Desk cater for professional traders, as well as individuals and institutions looking to make larger transactions.
About BCTEX