BTCC exchange, discussion, reviews, opinion

[btccexchange]

hey. which coins are supported for deposits?

Hi, please check our deposit and withdrawal chart along with the fees for each coin: https://www.btcc.com/en-US/support-center/detail/26621016103321

[1714857686]

1714857686

[btccexchange]

Is there a demo account for practice purposes?

Yessirrr! Switch to Demo Trading > Select Demo Trading at the top right corner of the Home page > A virtual fund of 100.000USDT should be available in your demo account.

[btccexchange]

Are there account security features available, like G-gle authenticator or similar?

Absolutely. Google Authenticator, Mobile/Email Authentication all available.

[btccexchange]

Why should I choose BTCC for futures trading, when other big names in the crypto industry offer the same service?

We specialize in perpetual futures trading and can confidently say that we are one of the best platforms out there if you want to trade futures. 

To name a few of our perks:

• We offer up to 225x leverage for Bitcoin, Ethereum, Doge, XRP. Very few exchanges have that.
• Fees are as low as 0.01% for higher tier VIPs.
• Copy trading is available. Also great commission + daily settlement for Lead Traders

But then of course, whether or not we're right for you also depends on your trading style/what you are looking for in an exchange.

Let us know which trading features you use most often, and maybe we can tell you more about what we can offer in that aspect.

[franzjose]

Are trading fees fixed for all futures or there are differences based on the underlying type of asset?

[SpencerStroman]

Why should I choose BTCC for futures trading, when other big names in the crypto industry offer the same service?

My question here for elwinsmith is if you already have traded somewhere crypto futures?

[elwinsmith]

Actually I don’t have too much experience with the crypto futures, only with ordinary futures on major fiat currencies.

[RalphFunk]

Is there some learning material on trading crypto perpetual futures?

[Kurt Bernier]

Have you already checked some of the other crypto futures brokers?

[elwinsmith]

Have you already checked some of the other crypto futures brokers?

No, I have just asked the question. Wandering what should I consider with brokers when crypto futures are in question?

[DavideBaldini]

For the past several hours I evaluated whether BTCC could be a viable alternative to mainstream derivative exchanges. The more I looked into it, the more red flags I collected:

• BTCC confiscates the entirety of your deposit if it amounts to less that $120:
  (the minimum deposit amount for BTC is 0.0021 =~ $120)
  
  
• the withdrawal fee for BTC is also $120, documented in the fee schedule
• for all currencies, an additional 6% withdrawal fee is levied if your account has ever used the "buy crypto" function of the exchange, as documented here. For example, this would be an additional $60 out of a withdrawal of $1000
• the trading API reference documentation is hastily written like a careless high school assignment by someone with no comprehension of either English or JSON:
  
  

[elwinsmith]

what are generally fees on the crypto futures?

[Kurt Bernier]

In my opinion BTCC is a good crypto futures broker because his major focus is on this product and tries to provide the best trading conditions for these types of traders. Frankly, the competition is too high in this field, and only the best ones can stay in the brokerage game.

[RasheedAdams]

I am trading with this broker, because he indeed has some of the lowest trading costs on the market for crypto futures. It goes as low as 0.06% per trade and no other additional fees.

[elwinsmith]

Is it a legitimate broker?

[Kurt Bernier]

regulation and crypto exchanges? seriously? what for. trading - ok. holding crypto only on cold storage

[elwinsmith]

fund withdrawals secured? Did you experience any issues with it?

[RasheedAdams]

You can expect to receive your funds on crypto wallets within one day. I wasn’t using other payment means so can’t speak about it.

[JeromeTash]

For the past several hours I evaluated whether BTCC could be a viable alternative to mainstream derivative exchanges. The more I looked into it, the more red flags I collected:

BTCC confiscates the entirety of your deposit if it amounts to less that $120:
(the minimum deposit amount for BTC is 0.0021 =~ $120)

the withdrawal fee for BTC is also $120, documented in the fee schedule

Nice catch!

It looks like Yobit and HitBTC have got a worthy competitor in terms of robbing users clean of their funds in form of withdrawal fees and minimum withdrawal limits 

Imagine having to pay a withdrawal fee of . This is crazy!

[Kurt Bernier]

Don’t forget that you have a demo account with BTCC. You should try it and see all conditions. It is the same as a real account.