BTCC Review 2024: Best Crypto Futures Exchange

As a new user, you may wonder if BTCC is the best exchange for you. In our BTCC Exchange review, we’ll go over everything you need to know, including if BTCC is suitable for novices. It has grown in popularity among both new and seasoned traders due to its user-friendly design and a multitude of advanced trading capabilities.

But, with so many cryptocurrency platforms available, how can you know if BTCC is right for you? We’ll look at its security features, trading tools, and general user experience to help you decide if it’s right for your trading style.

BTCC Summary

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.

• Copy Trading

The BTCC platform offers futures contracts on over 300 cryptocurrencies, including popular pairs such as BTC/USDT, ETH/USDT, and others. Traders can speculate on future price movements without holding the underlying assets, giving them a flexible way to profit from rising and falling markets.

One of BTCC’s main advantages is the flexibility it provides with leverage. Futures contracts can be traded with up to 500x leverage on specific assets in five prominent pairs: BTC/USDT, ETH/USDT, DOGE/USDT, SOL/USDT, and XRP/USDT. For less aggressive strategies, the platform provides flexible leverage of up to 50x for various contracts.

BTCC provides many methods of futures contract settlement. These contracts can be settled in USDT (USDT-margined futures) or cryptocurrency (coin-margined futures), allowing for a variety of trading techniques.

To improve the user experience, BTCC supports market, limit, and stop-loss orders, allowing traders to optimise their entry and exit points. Stop-loss and take-profit features are especially useful for risk management, as they automatically close positions when specific thresholds are met.

• 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

One of the most popular methods of trading cryptocurrencies is spot trading. You may immediately trade a range of cryptocurrencies at market prices on BTCC. 88 different coins are supported on the site, including well-known ones like Dogecoin (DOGE), Ethereum (ETH), Bitcoin (BTC), and Solana (SOL). If you would rather hold the cryptocurrency than merely speculate on its price, spot trading is the best option.

Depositing money in USD and CAD is simple for traders in the US and Canada thanks to BTCC. As a result, you can trade with ease and without worrying about complicated currency conversions or extra costs.

• Tokenized Stocks and Commodities

The BTCC exchange has the best functionality for combining traditional finance and cryptocurrency by offering tokenised stocks and commodities. Essentially, instead of purchasing genuine shares of firms such as Apple or Tesla, or owning physical gold or silver, you may trade digital representations of them, known as “tokenised futures,” directly on the BTCC platform. These tokens are directly related to the real asset’s price, thus if Tesla’s stock rises or falls, so does the Tesla token.

What makes this particularly intriguing is that you may trade these tokenised assets with leverage of up to 50x for stocks and 150x for commodities such as gold and silver. This means you could potentially increase your revenues with a minimal investment. And because they are everlasting contracts, you won’t have to worry about expiration dates—you may keep them for as long as you choose.

Remember, you do not own the stock or gold, thus you will not receive dividends from the companies. However, for people who are more interested in price changes and making trades without having to deal with traditional stockbrokers, it is a convenient option. Plus, everything is resolved in USDT (Tether), making the procedure quick and simple.

• 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.

•  Crypto-to-Crypto Convert

A quick and simple method of converting one cryptocurrency into another is provided by BTCC. If you wish to take advantage of market chances or rebalance your portfolio without having to deal with the more difficult procedure of spot trading, this option is quite helpful.

For instance, the crypto-to-crypto convert tool enables you to exchange Bitcoin for Ethereum instantly without waiting for the perfect market order. As a result, managing a portfolio is easier and more effective.

• 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 Fees

Trading Fees

The following fees apply to users at the VIP0 level, which includes traders without an estimated total value or trade volume:

Futures Trading: The futures charge might be as low as 0% if you submit a limit order that increases market liquidity (maker). Additionally, you will only pay 0.01% of your trade value if you place an order that is filled right away (taker). When compared to other futures exchanges such as Kraken, Binance, or Bybit, this is quite cheap.

Spot Trading: Takers pay 0.3% and makers pay 0.2% in VIP0 spot trading fees. This encourages traders to supply liquidity because, like futures, takers will pay a larger fee than makers.

It’s important to remember that BTCC provides lower fees as well as other advantages to users who progress to higher VIP levels. However, depending on the particular VIP rank you reach, the precise advantages will change.

Deposit and Withdrawal Fees

It’s simple to deposit money in USD and CAD, albeit there are costs based on the payment method you select. The fact that cryptocurrency deposits are free is advantageous for anyone transferring money between wallets or exchanges.

Withdrawal fees are competitive and vary per cryptocurrency (normal petrol fees only), so you won’t be overcharged for transferring your money off the platform.

BTCC Bonuses

BTCC holds campaigns from time to time to receive virtual currency bonuses and cashbacks. There are benefits that can only be received when opening a new account, so let’s open an account at this opportunity and get special campaign benefits.

This time, we will introduce the contents of the current campaign one by one. Also, the campaign changes irregularly, so please check the BTCC campaign list for the latest campaign information.

BTCC offers exclusive bonus for new users. Sign up and deposit on BTCC to get up to10,055 USDT in bonuses. Meet the deposit targets within 30 days after successful registration at BTCC, and you can enjoy the bonus of the corresponding target levels

• Up to 10,055 USDT Exclusive Bonus for New Users

You are eligible to get a welcome bonus of up to 10,055 USDT as a new user. For traders wishing to start using the platform, this bonus is an alluring incentive because it is given out according to your initial deposits and trading volume.

BTCC Security and Regulation

Security is a major issue for many bitcoin traders. BTCC takes this matter very seriously, and it shows. Since the platform’s debut in 2011, BTCC has maintained an impeccable security record, with no hacks or breaches. This is an impressive accomplishment in an industry where security concerns are widespread.

So, how does BTCC stand out in terms of security? For starters, asset segregation is an important strategy. This implies your trading margins are held in a trust account separate from the company’s operating funds. By doing so, BTCC assures that your assets remain secure and accessible even if the exchange experiences financial difficulties.

To increase security, BTCC holds customer assets in a multi-signature cold wallet. This is a high-tech way of expressing that your cryptocurrencies are kept offline and secured with several private keys. Furthermore, BTCC adheres to a 1:1 PoR storage policy, which ensures that all user assets are fully backed. Furthermore, BTCC does not collateralise tokens for loans, providing an additional layer of protection against the dangers involved with borrowing and lending.

However, security does not stop with asset protection. BTCC is also committed to combating money laundering and ensuring adequate identity authentication. They utilise strict Know Your Customer (KYC) processes to authenticate the identities of their users. This not only contributes to a safer neighbourhood, but it also reduces fraud. Here are some KYC limitations and advantages:

Is BTCC Licensed?

Indeed, BTCC is licensed and regulated, giving its traders even more peace of mind. The exchange conforms to all applicable laws in the US and Canada, among other nations where it conducts business.

USA: The Financial Crimes Enforcement Network (FinCEN) has granted a licence.

Canada:The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has granted this licence.

Europe: Permitted by Lithua’s Registrar of Legal Entities

How to Register and Trade With BTCC?

This brief instruction will assist you in registering for and trading on the BTCC exchange.

Step 1: Register an account

The first step is to hit the “Sign Up” button on the BTCC website or app. Your email address and a strong password are all you need. After completing that, look for a verification email in your inbox. To activate your account, click the link in the email.

Step 2: Finish the KYC

The Know Your Customer (KYC) procedure is the next step after your account is operational. The main goal of this stage is to maintain compliance and security. You must upload identification, such as a passport or driver’s license. You’ll receive a confirmation email as soon as your documents are validated, so don’t worry—it’s a quick process.

Step 3. Deposit Funds

After that, adding money to your account is simple. BTCC provides a range of payment options, such as credit cards and bank transfers. To get your money into your trading account, simply choose what works best for you, enter the amount, and then follow the instructions.

Step 4. Start Trading

If you wish to follow profitable traders, you might go for copy trading, futures, or spot trading. After choosing your order type and the cryptocurrency you wish to trade, press the buy or sell button. Managing your portfolio and keeping track of your trades is made simple by the user-friendly interface.

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

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

• How To Buy Bitcoin (BTC)
• How To Buy Picoin
• How To Buy Ethereum (ETH)
• How To Buy Dogecoin (DOGE)
• How To Buy Pepe Coin (PEPE) 
• How To Buy Ripple (XRP) 

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.

• 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.

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.

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 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.

Why Choose BTCC?

Read More

BTCC Guide:

• How to Trade Crypto Futures Contracts on BTCC
• BTCC Guide-How to Deposit Crypto on BTCC?
• What is Crypto Futures Trading – Beginner’s Guide
• What is Leverage in Cryptocurrency? How Can I Trade at 100X Leverage?
• BTCC Review 2024: Best Crypto Futures Exchange

Crypto Buying Guides:

• How To Buy Bitcoin (BTC)
• How To Buy Picoin
• How To Buy Ethereum (ETH)
• How To Buy Dogecoin (DOGE)
• How To Buy Pepe Coin (PEPE) 
• How To Buy Ripple (XRP) 

Crypto Prediction:

• Ethereum (ETH) Price Prediction 2024, 2025, 2030 — Will ETH Reach $10,000?
• Ethereum Price Prediction 2024, 2025, 2030: How High Can ETH Go in 2024?
• Bitcoin (BTC) Price Prediction 2024, 2025, 2030 — Is BTC a Good Investment?
• Ripple (XRP) Price Prediction 2024, 2025, 2030 — Will XRP Reach $1 After SEC Lawsuit?
• Pi Coin Price Prediction 2024,2025,2030 — Is Pi Coin a Good Buy?
• Pepe (PEPE) Price Prediction 2024, 2025, 2030 – Will PEPE Reach $1