BTCC is a cryptocurrency exchange that came into existence in June 2011 in Shanghai but later moved its headquarters to Hong Kong in January 2018. They also have offices in the United Kingdom and other countries. The broker allows traders to buy and sell several digital assets, including Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, Stellar, DASH, Cardano, and others, using an intuitive trading platform that is available as a WebTrader and mobile app. There is a range of useful trading tools and educational materials. The Exchange charges commission fees as low as 0.01% and allows leverage of up to 1:100. They have over 900,000 registered users and 430,000 processed transactions and still counting.
BTCC Review Introduction
In this BTCC review, we will take a look at some of the most important factors worth considering when choosing a broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my broker reviews. You can also use my free trading tool to compare brokers including BTCC.
BTCC Platforms & Tools
BTCC provides traders with an in-house-developed trading platform that features intelligent trading functionality and offering fast transaction speeds. The platform is backed by a technical team to ensure stable and smooth trading even in the time of extreme market conditions.
The BTCC trading platform is available as a WebTrader, which can run directly on most modern web browsers, such as Chrome, Safari, Firefox, and Edge; and a mobile app that is designed to run on Android and iOS devices. The mobile app can be downloaded from the respective app stores. It makes it possible for clients to place trades and manage them from anywhere they are in the world, provided there is an internet connection. There is also a Trading API to ensure a hitch-free trading process.
BTCC Research & Education
The Exchange provides traders with a range of learning materials that are in place to boost their trading knowledge, and they include blogs, articles, beginner’s guides, and others.
BTCC Trading Accounts
BTCC gives traders access to a single live trading account for trading the several digital currencies that they offer. The minimum deposit required to open a trading account is $1.
BTCC Account Funding
Clients can deposit and withdraw funds to and from their trading accounts using credit/debit cards and bank wire transfers. The different payment methods have various processing times.
BTCC Customer Service
BTCC provides traders with a client support team that is polite and prompt in responses. They can be contacted through telephone, email, and social media.
There is currently no regulatory information on the Exchange’s website. Most experts and professionals would not trade with an unregulated exchange as they cannot offer the same level of protection to investors that a regulated exchange can. However, cryptocurrency regulation is still nascent.
BTCC Review Summary
BTCC is a cryptocurrency exchange that provides traders with a proprietary trading platform that allows traders to buy and sell a wide variety of digital assets online. Traders benefit from a selection of trading and learning tools, as well as a client support team that is prompt in response. The Exchange offers a single live trading account with a required minimum deposit of $1. They charge commission fees as low as 0.01%, while leverage of up to 1:100 is available. However, the Exchange is not regulated by any well known financial authority at the moment, which could discourage some potential traders and investors from trading with them.
It is worth mentioning that some of the trading products and services in this BTCC review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the BTCC broker website which you can visit by using the link below.
Digital asset trading is a new industry with bright prospects. It is trendy but also risky. Especially in leveraged trading, leverage multiples increase both profits and risks. Please make sure you have a good understanding of the industry, leveraged trading models, and trading rules before participating.