Review 2023: Safe, Transparent and User-Friendly

BTCEX, a cryptocurrency exchange registered in Seychelles, has earned a reputation as a reliable and trustworthy platform with regulatory approvals in Canada, the US, Lithuania, and Estonia. With a global presence, BTCEX boasts a team of over 130 members hailing from 13 countries and regions, and maintains branch offices in Canada, Singapore, Hong Kong, and Dubai.

BTCEX has seen impressive growth since its launch, with over 3,000,000 registered users, more than 60,000 daily active users, and over 20,000 trading users. The exchange’s average daily trading volume for spot and derivatives now exceeds $300 million and $1 billion, respectively, making it one of the top 30 spot and top 15 derivative exchanges on CoinMarketCap. Among all exchanges established after 2021, BTCEX is the only one to rank among the top on CMC’s rankings. 

Summary

Who Are the BTCEX Founders?

The founding team of the project consists of crypto enthusiasts from the world’s leading digital-asset exchanges, such as Binance, Huobi Global and Bithumb. With many years of experience in development and operation, the team understands how the industry works, offering professional solutions, a set of popular features, and a full range of trading services.

Features and Functions

At BTCEX, you can trade over 150 popular coins and tokens using spot and perpetual trading with up to 125x leverage, without any deposit fees. Additionally, BTCEX offers a useful feature called ‘one-click copy trading,’ which allows you to automatically replicate the trades of successful traders on the platform. This feature is available on both the BTCEX website and mobile app and can be a valuable tool for novice traders looking to learn from experienced traders and improve their skills.

Rewards Center, Referral Program, Affiliate Program and More

If you’re new to the platform, be sure to check out the Rewards Center to get your welcome rewards. And if you want to earn more and share, you can participate in the Referral Program by inviting your friends to join BTCEX. Both you and your friends can receive rewards for signing up and trading on the platform.

For those looking for even bigger rewards, the BTCEX Affiliate Program offers up to 50% trading fee commission. It’s a great way to earn extra income while helping to grow the BTCEX community.

BTCEX also hosts regular trading competitions and other fun activities on social media platforms like Twitter. So if you’re looking for a cryptocurrency exchange that offers a range of programs and incentives for traders, be sure to check out BTCEX!

In addition to a wide range of financial instruments, the exchange has the multi-product margin model, which ensures lower trading costs, efficient use of cryptocurrencies, and a more comfortable trading environment in general.

Registration Process

Security and Privacy

BTCEX is committed to providing top-notch security measures and anti-fraud protocols to ensure the safety of your transactions and funds. With varying verification levels, the system offers added layers of security, each with its own transaction limits.

To ensure maximum transparency and protection, BTCEX maintains 100% reserves and offers an additional 1,000 BTC as insurance funds. With a wide range of trusted partners and over 50 market-making teams, BTCEX provides users with top-level liquidity for their trades.

Insisting on expanding the global market with compliant operations, BTCEX has obtained multiple VASP licenses and is still applying for licenses in other countries and regions. The exchange’s focus on transparency and security has earned it a reputation as a reliable and trusted trading platform. Users can trade with confidence, knowing that their funds are protected and that BTCEX is dedicated to providing the best possible trading experience.

While BTCEX takes security and privacy seriously, it’s important to be cautious when using any cryptocurrency platform. To protect your funds, make sure you have a strong and unique password and consider withdrawing them to a hardware wallet for added security. Remember to keep your private keys safe and make backups in case of forgetfulness or unexpected events.

Final Verdict

Overall, BTCEX is a reliable and user-friendly cryptocurrency exchange that offers a range of features and functions to cater to both beginner and experienced traders. With its robust security measures, anti-fraud protocols, and commitment to transparency, users can trade with confidence and enjoy a seamless trading experience.

BTCEX’s unique features such as ‘one-click copy trading’ and a variety of incentive programs, including the Rewards Center, Referral Program, and Affiliate Program, make it an attractive platform for traders looking to maximize their profits. Additionally, its regulatory approvals in multiple countries and regions, combined with its high trading volume and ranking on CoinMarketCap, solidify its position as a trustworthy and respected exchange in the crypto industry.

While it’s always important to exercise caution and keep your funds secure when using any crypto exchange, BTCEX’s dedication to security and privacy, along with its user-friendly interface and a broad range of trading options, make it  a good option for anyone looking to buy, sell, or trade cryptocurrencies.

FAQs

BTCEX Restricted Countries

The company complies with a wide variety of national laws and regulations and is licensed in Canada, Lithuania and Estonia. However, there are some restrictions for Japanese and US clients.

What Coins Are Supported on BTCEX?

There are about 120+ cryptocurrencies available in the spot market, including BTC, ETH, DOGE, MANA, LINK, SOL, AVAX, BUSD, ADA, XRP and more.

How Much Are BTCEX Fees?

BTCEX offers competitive maker and taker fees: 0.1% for spot and margin trading, 0.02% (maker fee), and 0.05% (taker fee) for perpetual contracts. Cryptocurrency withdrawal fees are not fixed and vary depending on market conditions and the type of cryptocurrency, each asset is subject to its own withdrawal fee. Deposit fees are free, fiat withdrawals are not supported.

Is It Possible To Use Leverage or Margin Trading on BTCEX?