Is it safe to trade on BCTEX
One downside of BCTEX is the limited range of cryptocurrencies supported. While this may be an issue for some who want diversity, we find that most frequent traders tend to focus on the most popularly traded coins anyway1. over 100+cryptocurrency pairs;.
BCTEX is a centralized cryptocurrency exchange established in undefined and registered in Lithuania. The daily trade volume for BCTEX is 8,938,142, but is BCTEX ? BCTEX security rating is CCC with 53.50% security score. Overall, the exchange is partly certified with approved penetration test, without ongoing bug bounty, and no proof of funds.8. regular news and analytical reports;.
1. Business accounts help organizations set up their proceedings. Overall.
Considering investment opportunities, transparency is always crucial. As for cryptos, you already know that Bitcoin is a peer-to-peer payment system, which is designed to protect the privacy and to provide security. However, that doesn’t mean that the crypto providers should also be anonymous. After all, these people will handle your money, so you should at least know who they are and where they operate from. In fact, we need to note that some trustworthy exchanges don’t reveal such information on their websites, but it’s still easy to verify that businesses are legal, law-abiding companies; therefore, it’s always a worrying sign if the crypto provider isn't transparent..4. Intuitive interface.
8. Proprietary cold wallet for long-term investment.17. What is the difference between BCTEX exchange and app?.
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Benefits
Bctex global is a Seychelles-based centralized derivative crypto exchange supporting perpetual futures, options, and swaps. The platform has multiple features that you can utilize to improve your crypto game. If you are looking for a reliable exchange to monetize your cryptocurrency accomplishments, you can try what the dealer has. You can take advantage of high liquidity and 50X leverage to have the best out of the crypto industry. However, make sure to analyze different brokers before you trust any platform with your money. Beware of rampant scammers in the crypto space. Read the above Bctex global review to know what a legitimate cryptocurrency exchange needs to have. Although not the only platform in the industry, the broker seems to have something worth your consideration.Standard trading fees at Bitrue are competitive. If you hold BCTEX Coin and use it to pay for fees, you get a 30% discount on trading costs. Overall, these fees are a bit lower than the starting fees.
7 Coins - 7 PairsOver 339 cryptocurrencies supported. BCTEX Global supports 339+ assets, which should give you a good range of industries and asset types to invest in without needing to hop between multiple exchanges.
Note: the collapse of FTX last year have raised concerns about centralised exchanges and their management of user funds.