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Author Topic: BTCC exchange, discussion, reviews, opinion  (Read 1480 times)
TraPole (OP)
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January 16, 2023, 03:33:04 PM
 #1

Hi, hadn't find here btcc discussion, who's trading here? pls share your opinion
thanks
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January 17, 2023, 11:14:33 AM
Merited by The Sceptical Chymist (5), hugeblack (4)
 #2

Considering what their claim has been operated for 11 years old, but their trading volume is still untracked [1] and only 7 users are leave their reviews about this site in trustpilot, I don't find any discussion about this exchange.

So I'm pretty sure it's just a new scum exchange that pretend to be an old exchange, old exchange surely will appear on the top 20 if they're still operated until now.

11 years of security
Protecting users' assets through many market cycles with 0 security incidents since 2011.


[1] https://coinmarketcap.com/exchanges/btcc/
[2] https://www.trustpilot.com/review/btcc.com

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January 17, 2023, 12:48:59 PM
 #3

Considering what their claim has been operated for 11 years old, but their trading volume is still untracked [1] and only 7 users are leave their reviews about this site in trustpilot, I don't find any discussion about this exchange.
And their domain is registered since 1995.
I have reason to avoid this based on archives of their site. Try to check the snapshots for 2018 or older, they are running a different service than they currently are. I don't think they really started 11 years ago.

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January 17, 2023, 03:34:00 PM
Merited by noorman0 (1), Rikafip (1)
 #4

And their domain is registered since 1995.
I have reason to avoid this based on archives of their site. Try to check the snapshots for 2018 or older, they are running a different service than they currently are. I don't think they really started 11 years ago.

It's very possible they bought the aged domain, so now they have some history. it doesn't have to be a mandatory sign for anything, good or risky side of the business.
personally, I don't know anything about them, I may have seen their website somewhere, but not enough to have a clear opinion about them.

I wouldn't use them or recommend them, but as far as I can see, something is happening there. They are highly ranked on CoinGecko as "Derivative Exchanges Ranked by Open Interest & Trade Volume". https://www.coingecko.com/en/exchanges/derivatives
Also, the web stats of their website says quite solid traffic sounds based on Taiwan. also, most of the traffic comes from those countries Taiwan, Korea, China, and Japan...



Again, this is not my recommendation for using this exchange, just a short analysis of data from the internet.

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January 19, 2023, 02:17:35 PM
 #5

Hi, hadn't find here btcc discussion, who's trading here? pls share your opinion
To my knowledge they have a locked thread here: Topic: [ANN] Bitcoin Core [BTCC] | The return to the Core values of Bitcoin.  , unfortunately some negative feedback emerged.

For example complaints by members below.
The exchange hasnt sent out a official mail to the users but their site isnt opening. On checking their exchange telegram page it shows a screen that they are stopping operations.

Tried contacting support but no response yet. Is there any admin for BTCC exchange here or can someone guide in the right direction?

And also the responses you should see for clarity the representative of the BTCC exchange.

Their representative here hasn't been active since November 2018. Their social media hasn't been active since January either.

https://bitcointalk.org/index.php?action=trust;u=552507



Elsewhere I also saw a new thread about 2022. Topic: BitcoinCopy ($BTCC) ICO - Bitcointalk Announcement, unfortunately also unclear information.

Instead, you should consider not using the BTCC exchange, it seems dismal to trade on the BTCC exchange.

R


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January 19, 2023, 11:59:15 PM
 #6

With this limit, you pretty much need to KYC in most cases and if you're gonna do that, you might as well look for an exchange with a much better reputation.


The single withdrawal limit will be affected too. Users without completing KYC will be limited to withdraw not more than 50 USDT (or other equivalent amounts in USDC, BTC, ETH, XRP, ADA, or LTC) per withdrawal.

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January 20, 2023, 12:16:44 AM
Merited by hugeblack (4)
 #7

So I'm pretty sure it's just a new scum exchange that pretend to be an old exchange, old exchange surely will appear on the top 20 if they're still operated until now.

Oh really?
https://cointelegraph.com/top-people-in-crypto-and-blockchain-2020/bobby-lee

Quote
Bobby Lee is the former CEO of China’s first cryptocurrency exchange, BTCC, founded in 2011

I have reason to avoid this based on archives of their site. Try to check the snapshots for 2018 or older, they are running a different service than they currently are. I don't think they really started 11 years ago.

Again, see the above link, BTCC was BTCChina at that time it's normal it looked different.

To my knowledge they have a locked thread here: Topic: [ANN] Bitcoin Core [BTCC] | The return to the Core values of Bitcoin.  , unfortunately some negative feedback emerged.
Elsewhere I also saw a new thread about 2022. Topic: BitcoinCopy ($BTCC) ICO - Bitcointalk Announcement, unfortunately also unclear information.

So you just search for the term BTCC, didn't bother to read the topic to see if it's about some coin using the name of the exchange to gain attention, and decided it's about this exchange? You've been lately on a witchhunt that is starting to become a bit too much!

Seriously, is Wikipedia good enough for you guys?
https://en.wikipedia.org/wiki/BTCC_(company)

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January 20, 2023, 12:17:10 PM
 #8

It is one of the oldest platforms that I heard, although I did not use it, but as far as I know, the platform has a lot of hidden fees, and therefore you will find that most of your profits have been lost because of these fees, which do not appear until you decide to click on the button (or after it, based on the fact that you will not read the conditions the service).

In any case, there are many better services, so there is nothing to force you to use them.
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February 01, 2023, 06:00:56 AM
 #9

thanks for your replies, fellows!

probably real btcc customers here?
*looks not like a scum
wondering about experience and your opinion.
im binance user but would like to open an account on 2-3 more exchanges for hodl and payments
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February 01, 2023, 12:42:28 PM
 #10

probably real btcc customers here?
Maybe the fact that you won't find any real BTCC users here speaks volume

Quote
*looks not like a scum
It may not be a scam, but there could be a reason the exchange is not popular any more. Try to check out their withdrawal and trading fees compared to other popular exchanges. Minimum deposit and withdrawal limits and also read their TOS regarding KYC and the limits. It will help you make a guided decision.

Quote
im binance user but would like to open an account on 2-3 more exchanges for hodl and payments
Hodling in an exchange is the last thing you should think about.

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February 01, 2023, 08:20:49 PM
 #11

I've never heard of this exchange. It's new to me, so. I'm no longer interested in any new exchanges because of the recent drama surrounding centralized exchanges. To be honest I don't use any centralized exchange other than Binance. I used to use a few exchanges, but not any longer. I'm not interested in taking part in any drama. Even I have recently stopped keeping any funds for the exchange. Therefore, I won't try it.
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February 01, 2023, 11:26:14 PM
 #12

Maybe the fact that you won't find any real BTCC users here speaks volume
It may not be a scam, but there could be a reason the exchange is not popular any more.

BTTC is a future derivatives exchange, not a spot exchange.

I seriously can't believe what I'm defending here since I was one of the biggest haters of the former OKChina (now BTTC) and the gang like Huobi but just because the average Joe isn't using it it doesn't mean there is no usage. How many topics and how many users of CME you've seen a round? Does this make them irrelevant?

If you're looking to trade BTC against Shiba of course BTTC is not the choice, if you want to push your luck and do a 150x leverage, yeah, 150x!!! then there are very few choices that have been around and still have some kind of reputation comparable to BTTC.

im binance user but would like to open an account on 2-3 more exchanges for hodl and payments

If you're looking for a hold, then you don't need an exchange at all, you need a cold wallet, storing your coins on an exchange is a big no!
If you look for simple buy/sell options or sending coins to some partners then BTTC is not the best choice at all, as I said it's for pure mad leverage trading if you're not into this stick with the big spot exchanges!

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February 02, 2023, 10:05:16 AM
 #13

nice exchange, few year trading account here. if you are looking for the 2nd or 3d exchange - good choise
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February 09, 2023, 10:54:15 AM
 #14

nice exchange, few year trading account here. if you are looking for the 2nd or 3d exchange - good choise

Withdrawals \ Payments ? Problems?
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February 13, 2023, 03:03:35 AM
 #15

Hello everyone!

BTCC was BTCChina before, but we've revamped our brand to reflect who we are. Please find more information here:
https://www.cryptonewsz.com/btcc-unveils-new-logo-in-celebration-of11th-anniversary/

Yes, we've been around in the crypto industry since 2011, and currently, we focus on providing crypto futures trading services.

We support perpetual futures on 60+ trending cryptos, including BTC, ETH, DOGE, and many more. We also launched tokenized futures last year, allowing users to trade stocks and commodities using USDT.

Follow our Twitter for more latest news: https://twitter.com/YourBTCC
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February 17, 2023, 06:41:26 PM
 #16

is it possible to use external wallet to trade here? or i should upload my documents to trade ? tnx
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February 18, 2023, 09:05:00 AM
 #17

BTCC was BTCChina before, but we've revamped our brand to reflect who we are. Please find more information here:
https://www.cryptonewsz.com/btcc-unveils-new-logo-in-celebration-of11th-anniversary/

Yes, we've been around in the crypto industry since 2011, and currently, we focus on providing crypto futures trading services.
It's good to see an exchange that's been in business since 2011 but it's strange at the same time that you're not widely known by traders.

This is the largest crypto forum in the world though so few of the members here have heard of you!!! There are a lot of exchanges that appeared long after you, but they are very popular, so I am curious to know what are the reasons?

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February 18, 2023, 02:14:59 PM
 #18

Hello everyone!

BTCC was BTCChina before, but we've revamped our brand to reflect who we are.
Does that mean it's under completely different management? I see that the official account associated with this exchange is BTCC_Official[1], so what happened to that account? It would be better if you open a new (single) announcement thread if planning to be a bit longer here.


This is the largest crypto forum in the world though so few of the members here have heard of you!!!
I think they were here before and focused more on the collectibles business[2].

1. https://bitcointalk.org/index.php?action=profile;u=552507

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February 20, 2023, 05:09:21 PM
 #19

what about trading platform? any glitches?
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February 21, 2023, 08:57:34 PM
 #20

it's web based (smth like binance wich i also highly recommend), glitches: nope for now and for last few years.
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