BTCC Review 2024: Best Crypto Futures Exchange

2024/05/29By:

BTCC is a top cryptocurrency trading platform known for combining advanced functionality with ease of use. It caters to both beginners and specialists, providing strong security, 24/7 customer assistance, and a full teaching program through the BTCC Academy. With an emphasis on user happiness, BTCC creates an appealing atmosphere for secure, educated trading across numerous cryptocurrencies, making it an excellent alternative for digital asset investors.

 

 


BTCC Summary

 

Website https://www.btcc.com/en-US
Number of supported coins/tokens 300+
Supported Languages 14 (English, Spanish, French, Korean, Japanese included)
Trading Modes Futures, Spot
Leverage 1x to 225x for futures
Available on mobile Yes
HQ Location Lithuania
Year founded 2011

 

 

 

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What Is BTCC? 

 

BTCC is a bitcoin exchange platform with a strong presence in the digital currency market. BTCC, founded in June 2011, has a long history as one of the world’s first cryptocurrency exchanges, showcasing its prominence in the sector and the trust it has earned over time.

 

BTCC was initially centered on the Chinese market, but has now grown abroad, adjusting to market shifts and the needs of a global audience. To achieve this aim, BTCC has tried to obtain the appropriate licenses to operate in the United States, Canada, and Europe.

 

BTCC is one of the few exchanges in the market that focuses heavily on futures trading and offers significant leverage to investors. Users can trade over 300 USDT-margined perpetual trading pairs, which include numerous prominent altcoins and memecoins. Spot trading has also just been added to the platform to assist new customers who may be unfamiliar with futures trading.

 

Furthermore, the platform has distinguished itself through its ease of use, making it accessible to anyone, regardless of prior knowledge with cryptocurrency. This capacity to develop and adapt fast has helped to establish its position as one of the world’s most renowned and commonly used bitcoin exchange platforms.

 

 

 

 

BTCC Features

 

  • Futures Trading

 

BTCC offers futures trading, allowing customers to leverage up to 225 times on over 300 USDT-margined and coin-margined perpetual contracts. Traders might earn from holding either short or long holdings.

 

If the user does not have USDT, it will offer to trade it at BTCC. This application allows users to rapidly convert over 200 different cryptocurrencies into USDT and trade USDT-margined futures on the platform.

 

The BTCC Conversion Function is a great addition to any trader’s toolkit. This allows BTCC clients to change their cryptocurrency into USDT in seconds. This eliminates the need for users to go through the time-consuming procedure of transferring cryptocurrency out of their wallet and then converting it to USDT.

 

 

BTCC chart

 

 

 

  • Copy Trading

 

 

Copy trading, as the name implies, is a cutting-edge service that allows a user to automatically copy deals performed by another user on the platform. Even if their skill levels are not the same, less experienced traders often mimic the moves of more experienced traders in order to outperform them in the market.

 

By democratizing access to bitcoin trading, the service enables even those who are new to the industry to gain from the knowledge of industry experts. In the realm of online trading, users can select traders to follow based on a variety of performance criteria, such as past performance, risk tolerance, and follower count. This ensures previously unheard-of transparency and adaptability.

 

 

BTCC copy trading

 

 

  • Demo Trading

 

Demo trading provides a risk-free environment for practicing cryptocurrency trading. Users can test trading techniques, become more comfortable with the platform, or just increase their confidence in bitcoin trading without having to risk real money by accessing a demo account with virtual cash.

 

In addition to being especially helpful for novices, this function can also be advantageous for seasoned traders who want to test out new tactics in a secure environment.

 

  • Spot Trading

 

The Spot trading website provides customers with all the instruments and data required to assess the market. The user can choose to utilize various time intervals, indicators, etc. Users may see which way the market is moving by looking at the order book on the right.

 

 

 

 

The BTCC introduced tokenized futures for stocks and commodities in 2022. By utilizing the exchange to explore financial assets beyond cryptocurrencies, users can expand the diversification of their portfolios. USDT is used to settle all tokenized futures.

 

 

  • Perpetual Features

 

An agreement to acquire or sell an asset non-optionally, at an unidentified date in the future is known as a perpetual future. Clients of BTCC can access perpetual futures on more than 300 cryptocurrencies using leverage of up to 225x.

 

 

  • Easy Conversion

Users may quickly convert more than 200 cryptocurrencies into USDT with BTCC, including well-known ones like Bitcoin, Ethereum, and XRP.

 

 

  • BTCC Academy

 

Anyone wishing to learn more about the cryptosphere might benefit greatly from the BTCC Academy. As a result, this learning platform provides a vast array of instructional resources, such as webinars, video tutorials, and articles, covering everything from the fundamentals of cryptocurrency trading to more complex tactics.

 

Users of all skill levels can locate relevant content to improve their abilities. The fact that the BTCC Academy is free to access highlights BTCC’s dedication to advancing safe trading and financial education.


 

 

BTCC APP DOWNLOAD


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Supported Cryptocurrencies

 

There are more than 300 cryptocurrencies supported by the BTCC platform.

 

 


BTCC Campaigns

 

At the moment, BTCC Exchange is running three promotions.

 

  • First, there is a welcome bonus for new users that offers a maximum bonus of 10,055 USDT.

 

  • The #BitcoinOnBTCC branding campaign is another. By completing tasks like trading, depositing money, and referring others, users can get prizes. When Bitcoin reaches different block height milestones, they can watch as their payouts climb.

 

  • Registration is required for the ongoing BTCC Grand Jackpot. 110,000 tickets are awarded a total of 110,000 USDT trading funds as prizes. One ticket rewards 1 USDT trading fund. Max: Participants in the trading period, which ends in 13 hours, have 300 tickets in total. Terms and conditions apply. Sign up now to secure your spot!

 

 

BTCC APP DOWNLOAD


Download App for Android Download App for iOS

Regulation

 

BTCC holds a Crypto license issued by the Financial Crimes Enforcement Network (FinCEN) in the United States. It also holds a license from the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) and a cryptocurrency license from Lithuania’s Registrar of Legal Entities. It also ranks among the top cryptocurrency exchanges by market volume on reputable media sites.

 

 



Security

 

Since the BTCC exchange was launched in 2011, no fraudulent behavior has been observed.

 

 

 

 

 

  • Users’ assets are kept in a multi-signature cold wallet for increased protection, while their margins are kept separate in a trust account.
  • The assets of users are kept individually on BTCC: If users deposit Bitcoin, it will be stored; if users deposit Tether, it will be stored.
  • The personal information of users is protected by SSL encryption.
  • Before a user may deposit or withdraw money in fiat currency, BTCC needs them to undergo identity verification (KYC).
  • Since BTCC did not invest in or take part in any staking or DeFi projects, market conditions will not have an impact on its financial state.
  • The team of professionals at BTCC meticulously conducts both internal and external system audits to guarantee that the network is impenetrable.
  • Two-factor authentication (2FA)
  • Account lockout caused by too many incorrect login attempts

 

 

 

BTCC APP DOWNLOAD


Download App for Android Download App for iOS

How to Register and Trade With BTCC

 

The process of trading cryptos with BTCC begins with registration/ logging in. With attention to security, the platform has a history of high safety standards, and the individuals would need to verify their mobile number before starting the KYC procedure. Once verified, the users can use the website for crypto trading with the least risk.

 

Users can either trade their existing cryptos from their assets or buy cryptos through any of their desired payment methods (supported methods include U.S. dollars, credit card, wire transfer, etc.). BTCC also allows users to transfer one cryptocurrency into another immediately and without difficulty. Beginners can also seek help or other content from the online community that can be contacted by many social media platforms (with over 200,000 members).

 

Besides, individuals can earn on the platform through referrals and bringing in fresh customers once they start trading. The rewards do not cap on them and can theoretically be a source of constant funds and earnings.

 


 

  • Create Account – Go to the BTCC website and complete the form there. In addition to entering in your name and phone number and setting a password, you’ll also need to provide a working email address.

 

  • Verify Account – Verify your email address; you ought to receive an email requesting verification of the creation of your account.

 

  • Deposits & Withdrawals – You can use a bank transfer, credit/debit card, or Bitcoin to make deposits and withdrawals. Payment channels and actions have different fees.
  • Buy/Trade – Users can utilize Market, Stop, Limit, and One Cancels Other orders within the main trading interface to purchase or sell the four supported assets.

 

Look more for details: How to Trade Crypto Futures Contracts on BTCC

 

 

Check the detailed guides below to start trading crypto futures on BTCC:

 

 

 

 

 

 

BTCC Exchange Fees

 

Every user who plans to use BTCC must be aware of the platform expenses because they have a direct impact on the profitability of trading activities. In order to guarantee an equitable and effective trading environment, BTCC is dedicated to upholding a clear and competitive fee structure.

 

 

 

  • Trading Fees

 

On the other side, BTCC charges trading fees to VIP members, whereas lower-level users pay less competitive fees. They range from 0% to 0.045%, and VIP specifics are available on the platform’s website: https://www.btcc.com/en-US/fees.

 

Furthermore, BTCC provides numerous opportunities for users to earn coupons, trading funds, and vouchers that can be used to offset trading fees, lowering overall trading costs.

 

There is also a VIP bonus, which provides customers with exclusive privileges such as rapid withdrawals, cheap fees, priority customer service, BTCC goods, trading fee savings, and access to exclusive promotions.

 

 

BTCC trading fees

 

 

 

  • Deposit and Withdrawal Fees

 

Since BTCC often doesn’t charge deposit fees, users can transfer money to the platform without incurring extra expenses, which increases accessibility for newcomers to the world of cryptocurrency trading. The cost of a withdrawal varies based on the cryptocurrency selected, the state of the market, and the withdrawal platform.

 

It is significant to remember that the blockchain imposes these additional costs, which might change based on network conditions at the moment of withdrawal. Thankfully, after the final transaction confirmation, users may see precisely how much they will be charged in transaction fees.

 

 

BTCC APP DOWNLOAD


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Pros and cons

Pros

  • The mobile app makes it simple to trade on the go.
  • Supports 300+ currencies.
  • Flexible leverage (up to 225x for certain cryptocurrencies)
  • User-friendly interface
  • Multiple languages are available.
  • Users receive real-time information about bitcoin markets.
  • Free demo trading mode.
  • Low transaction fees.

 

 

 

Cons

 

  • Needs KYC for fiat transactions.
  • High minimum deposit requirements for some coins.
  • Future-oriented design takes longer for beginners to become used to.

 

How to Download BTCC App?

 

BTCC APP DOWNLOAD


Download App for Android Download App for iOS

 Score

 

  • Services offered: 4/5
  • Cryptocurrency support: 4/5
  • Fees: 4/5
  • Security: 4/5
  • Review Score: 4/5



BTCC Review: Conclusion

 

Considering the volume of fraud and scams in the business, BTCC’s record of over 13 years without a single blemish is very remarkable. The website states that the platform has KYC and that the user’s assets are kept in multi-signature cold wallets. This lessens the likelihood of illicit activity.

 

On the other hand, some traders might not be willing to provide their personal information for KYC, so this could be a disadvantage. Additionally, the app may not be as user-friendly for novice traders because it is geared more at experienced traders. In order to make up for this, BTCC provides new features like copy trading and a free demo trading option to let novices trade more easily.

 

 

New hires can also earn welcome gifts worth up to 10,055 USDT by fulfilling tasks like the ones listed below:

 

 

 

BTCC APP DOWNLOAD


Download App for Android Download App for iOS

BTCC Review FAQs

 

 

Is BTCC Safe?

Since 2011, BTCC has been aiming to provide an environment for the individuals which inspires a sense of security, and various safety measures work to ensure the same. The measures include a thorough verification process, 2FA authentication method, etc. It is placed among the safest exchanges for cryptos and other digital assets with no reported hacks or security breaches to date.

 

Which cryptocurrencies can I trade on BTCC?

BTCC offers over 300 major cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Ripple, and many more.

 

Is BTCC regulated?

Yes, BTCC is regulated in Europe (MFSA license), Canada (FINTRAC registration), and the United States (FinCEN registration).

 

Can I access the BTCC Academy without a platform account?

Yes, the BTCC Academy is open to everyone who wants to learn more about cryptocurrencies and trading.

 

How can I make a deposit on BTCC?

You can deposit funds with a credit/debit card or one of the platform’s supported cryptocurrencies.

 

Can I Invest in BTCC?

Individuals are requested to review if the exchange offers their services in a particular region. Users can trade futures using USD fiat currency, USDT or other cryptos like BTC, ETH, and XRP.

 

Can I Trade with BTCC in the US?

Yes, BTCC is a very popular exchange for US users with large asset selection, low fees and simple trading interface. New customers can now sign up here to get a welcome bonus of 10USDT, and complete the KYC verification process to access all BTCC’s features and BTCC discount.

 


 

Read More

 

BTCC Guide:

 

 

 

Crypto Buying Guides:

 

 

Crypto Prediction:

 

 

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