You’ve likely heard of BTCC, a crypto exchange as old as a $40 Bitcoin. If you haven’t, well, you have now. But do you know what sets it apart? With over 300 cryptocurrencies available for trading, a user-friendly interface, and 13 years without any security breaches, BTCC is a big player in the crypto market.
Its innovative features, like perpetual futures and tokenized assets, offer a unique edge. Plus, there’s a VIP program and competitive fees that are definitely enticing. But is it all it’s cracked up to be? Let’s take a closer look.
BTC Key Stats
| METRIC | DETAILS |
| Website | btcc.com |
| Mobile App | iOS, Android |
| Launch Date | June 2011 |
| Headquarters | Lithuania |
| Supported Countries | Over 100 |
| Supported Cryptocurrencies | Over 300 including Bitcoin, Ethereum, Ripple, and more |
| Fiat Currency Support | Yes |
| Minimum Deposit | Depends on the asset |
| Available Assets | Cryptocurrencies, Tokenized Futures on traditional instruments (e.g., gold, silver, stocks) |
| Crypto Trading | Spot, Perpetual Futures, Copy Trading |
| Leverage | Up to 500x for crypto |
| Demo Account | Yes |
| Trading Fees | Varies with VIP level, typically low fees |
| Deposit Methods | Credit/Debit Card, Bank Transfer, Crypto |
| Withdrawal Methods | Crypto |
| Regulatory Licenses | USA: FinCEN, Canada: FINTRAC, Europe: Lithuania Financial Crime Investigation Service |
| Customer Support | 24/7 multilingual customer support |
How To Sign Up on BTCC
To register on BTCC, follow the steps outlined below:
1. Go to their website at btcc.com
2. Enter your email and password and click “Register Now”
3. Confirm your email by entering the code sent to your inbox
It doesn’t come any simpler than that.
KYC is technically not required, but you will face some limitations if you don’t complete it, such as lack of fiat deposits and lower daily withdrawal limits.
Trading Products
BTCC offers a wide range of innovative products and features to improve your trading experience.
- With a selection of over 300 cryptocurrencies, you have freedom to trade in popular coins as well as explore newly launched assets.
- One of BTCC’s standout products is perpetual futures. This contract type doesn’t have an expiry date, which gives you the flexibility to hold positions as long as you wish. And with leverage up to 500x, this can really ramp up your profits. The same is also true for your losses, of course, but it’s good that the option of high leverage is there.
- BTCC also offers tokenized futures on traditional instruments like gold and silver, which lets you diversify your portfolio without leaving the crypto space, if that’s what you want.
VIP Program Benefits
BTCC aims to reward its loyal customers with a VIP program, which provides you with exclusive benefits and premium trading conditions.
As a VIP member, you’re treated to a suite of exclusive perks that enhance your trading experience and provide a rewarding platform to grow your investments.
- Access to VIP-exclusive campaigns
- Fee discounts + Fee coverage by coupons
- Priority customer support
- Birthday gift
- BTCC branded merchandise
In short, the VIP program at BTCC offers a list of benefits that are designed to make your experience on the platform more enjoyable.
Fees
For crypto exchanges, the fee structure is one of the most competitive aspects of the platform and is often the thing that makes a key difference. BTCC prides itself on its transparency and competitive rates. You’ll encounter two types of fees: maker and taker fees.
BTCC’s fees are tiered depending on your VIP level. The table below outlines the exact fee structure:
| VIP Levels | Account’s Estimated Total Value (USD) | 30-day Trade Volume (USD) | Futures Taker / Maker | Spot Taker / Maker | Fee Coverage Rate with Coupons | Conversion Fee Discount | Withdrawal Fee Discount |
| VIP0 | 0 | 0 | 0.045% / 0.025% | 0.1% / 0.1% | 0% | 0.00% | 0.00% |
| VIP1 | 200 | — | 0.045% / 0.025% | 0.1% / 0.1% | 10% | 10.00% | 10.00% |
| VIP2 | 500 | 200,000 | 0.045% / 0.025% | 0.1% / 0.1% | 10% | 10.00% | 10.00% |
| VIP3 | 1,000 | 500,000 | 0.045% / 0.025% | 0.1% / 0.1% | 10% | 10.00% | 10.00% |
| VIP4 | 2,000 | 1,000,000 | 0.045% / 0.025% | 0.1% / 0.1% | 10% | 10.00% | 10.00% |
| VIP5 | 5,000 | 2,000,000 | 0.045% / 0.025% | 0.1% / 0.1% | 10% | 10.00% | 10.00% |
| VIP6 | 10,000 | 5,000,000 | 0.045% / 0.025% | 0.1% / 0.1% | 10% | 10.00% | 10.00% |
| VIP7 | 20,000 | 10,000,000 | 0.045% / 0.025% | 0.1% / 0.1% | 10% | 10.00% | 10.00% |
| SVIP1 | 50,000 | 15,000,000 | 0.035% / 0.01% | 0.1% / 0.1% | 15% | 20.00% | 20.00% |
| SVIP2 | 500,000 | 20,000,000 | 0.03% / 0.007% | 0.1% / 0.1% | 20% | 30.00% | 30.00% |
| SVIP3 | 1,000,000 | 50,000,000 | 0.025% / 0.007% | 0.1% / 0.1% | 25% | 40.00% | 40.00% |
| SVIP4 | 2,000,000 | 100,000,000 | 0.02% / 0.01% | 0.1% / 0.1% | 30% | 50.00% | 50.00% |
| SVIP5 | 3,000,000 | 200,000,000 | 0.01% / 0% | 0.1% / 0.1% | 35% | 60.00% | 60.00% |
BTCC doesn’t charge fees for crypto deposits. Withdrawal fees do apply, and they vary depending on your VIP level and the cryptocurrency you’re withdrawing.
Compliance and Licenses
This is a big one for us, and fortunately, when it comes to operating within the law, BTCC doesn’t cut corners.
It holds various regulatory licenses across multiple jurisdictions. With BTCC, you’re trading on a platform that maintains high standards of legal compliance and respect for financial regulations.
- In the USA, BTCC operates under a crypto license issued by the Financial Crimes Enforcement Network (FinCEN). This guarantees its adherence to stringent anti-money laundering (AML) and know-your-customer (KYC) procedures.
- If you’re trading from Canada, you’ll be glad to know that BTCC holds a license from the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), which adds an additional layer of security and legitimacy.
- For European traders, BTCC is licensed by the Registrar of Legal Entities of Lithuania and regulated by Lithuania’s Financial Crime Investigation Service. This compliance allows for a safe and secure crypto environment.
Market Liquidity
BTCC boasts industry-leading market liquidity, so you can trade exactly at the price you want, even in the most volatile market conditions. This matters a lot in cryptocurrency trading, especially for smaller altcoins where market conditions can change rapidly.
BTCC’s robust liquidity comes from a healthy mix of individual and institutional traders. This means you’re able to execute trades instantly, and you don’t have to worry about slippage.
Also, BTCC’s platform can process orders of about 500 BTC simultaneously, an absurdly large number. You can confidently trade large volumes without worrying about disrupting the market.
Copy Trading
The copy feature allows you to mirror the trading strategies of successful traders, which increases your chances of making profitable trades. It’s a neat way to learn from the pros and make money doing it.
You can choose who you want to follow based on their trading performance. Once you’ve selected a trader, their trading actions are automatically replicated in your account. To manage risk, you can set your preferred trading parameters, such as the maximum margin and position size.
BTCC also incentivizes successful traders to share their strategies. If you’re an experienced trader, you can earn attractive commissions by allowing others to copy your trades.
User Experience
We won’t beat around the bush – the platform looks and feels great. If we were to describe it in one word, it would be – legit. It’s possible this is a placebo effect, but as soon as we saw the website, we immediately thought “This is a highly regulated platform”. It gives off a very professional and modern look, in a good way.
You know that feeling when you’re visiting a website, and everything is exactly where you’d intuitively assume it would be? That’s what it’s like. Navigating the BTCC platform is a breeze. It offers you an exceptional user experience with its intuitively designed interface and easy-to-use features. The layout is simple and straightforward.
All of this makes trading cryptocurrencies less intimidating, especially for beginners.
The BTCC platform offers a demo trading account loaded with virtual funds. You can practice your trading strategies without the risk of losing real money.
Their platform is also accessible from various devices. It comes in both desktop and mobile app versions (for both iOS and Android phones). The app is well-designed and provides the same level of functionality as the desktop version.
In case of issues, BTCC offers customer support in multiple languages. The support comes in various forms, i.e. live chat, email, as well as lots of helpful answers to common FAQs.
Security Measures
The crypto industry has unfortunately developed a reputation as a bit of the wild west. Many exchanges have suffered security breaches, hacks, and thousands of customers have had their funds stolen or rendered inaccessible.
BTCC proves to be the exception, fortunately. They have never had security breaches since their inception in 2011. The exchange enforces rigorous safety protocols to ensure your investments remain secure.
- At the core of BTCC’s security measures is the use of cold storage. Your cryptocurrencies are stored offline, which significantly reduces the risk of hacking.
- BTCC platform uses multi-signature technology as an additional layer of security. This means that it requires multiple approvals before a transaction can be completed.
- BTCC also adheres to the Payment Card Industry Data Security Standard (PCI DSS), which safeguards your credit card information from cyber attacks.
- The platform boasts a 99.99% system availability, you can trade at any time without worries of system breakdowns.
The exchange also carries out regular official and grey releases of new app versions, which helps in maintaining system stability and security.
All of this, coupled with the regulatory licenses is to say – your crypto assets are as safe as they can possibly be.
Deposit and Withdrawal
BTCC offers a few ways to deposit and withdraw your assets.
Here’s how it works:
- Deposit: Deposit methods include bank transfers and credit/debit cards (only available if KYC is completed) or depositing cryptocurrency directly into your wallet. A wide range of cryptos are available for deposit, including Bitcoin, Ethereum, and USDT, among others.
- Trading: Once your deposit is confirmed, you’re all set to start trading. Your funds are instantly available in your trading account.
- Withdrawal: When you’re ready to withdraw your funds, simply navigate to the ‘withdraw’ section, and enter the amount and your wallet address. Only crypto withdrawals are available at this time.
Verdict
Given the amount of cybercrime and fraudulent activity in the crypto space, it’s very impressive that BTCC has remained 100% safe for well over a decade. With its wide range of cryptocurrencies, VIP perks, competitive fees and regulatory licenses, and user-friendly interface, it’s hard to find a flaw with this exchange.
If we were to nitpick, the minimum deposit could be lower for certain cryptocurrencies. Also, KYC could be an issue for some users who are reluctant to share their personal details.
But if that’s not you, we definitely recommend giving BTCC a try!
