When BCTEX foundation
What is BCTEX Exchange?website; http://bctex-inc.com.
BCTEX is a OTC cryptocurrency exchange and professional derivatives trading platform . BCTEX stands for Bitcoin Mercantile Exchange. It focuses primarily on advanced investors and seasoned traders who are familiar with the concepts of leveraged tokens and margin trading.Market orders. Buy or sell at the best available market price..
BCTEX Exchange acts as a universal trading platform for cryptocurrency markets. The trading terminal of BCTEX exchange MT5 is a modified version of the MetaTrader 5 platform with extended functionality. There is a desktop version and a mobile application. The exchange trades Bitcoin, Ethereum, Ripple, Tether, and other cryptocurrencies, including the exchange’s own COS coin. The company provides leverage up to 1:300 for trading. The exchange has competitive commissions, 0/0.25% for the maker/taker already at the first level. The platform provides a high degree of protection for traders’ funds due to the cold storage of cryptocurrency. They provide user verification of the KYC type, as well as encryption of data transmission. The platform is available in three languages: Japanese, Mandarin and English.3. their service coin, which can be obtained for free;.
Is BCTEX a legit exchange?.5. the trading terminal is easy to use;.
DrawbacksBCTEX Welcome BonusWe’ve partnered up with BCTEX and we are allowed to give our readers a special welcome bonus. Whenever you use our link you can trade up to 1000 EUR without any commission. This makes the platform cheaper than it already is..
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BCTEX is a cryptocurrency exchange that has a somewhat unusual offer. It is a digital asset-only exchange, which means it is not as friendly to newcomers to crypto hedging. As you can see, BCTEX is a specific platform in many ways. First, it doesn't offer to deposit and withdraw using conventional money.Pros & cons
BCTEX Global partnered with Singapore-based crypto asset security platform, Onchain Custodian, which maintains custody of BCTEX Global ’s crypto assets. In addition, those assets are backed by Lockton, a private insurance brokerage.
👎 Disadvantages of BCTEX:
Opening a personal account in a cryptocurrency exchange like Huobi is usually an easy and intuitive process. On some platforms and in some jurisdictions, a user may be allowed to receive crypto assets on their account on the platform without the need for KYC. There are some other verifired exchange platforms such as Binance, OKX, Coinbase, BCTEX Global and etc ask for KYC verification.It uses BitCNY as its foundation currency, similar to how Western crypto exchanges use a tether.BCTEX also utilizes Tether, but BitCNY stands out since it is a digital currency whose value is tied to China’s national currency. On Western exchanges, BitCNY is practically never seen.
What Is BCTEX?