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Topic: BTCC exchange, discussion, reviews, opinion - page 2. (Read 1665 times)

newbie
Activity: 4
Merit: 0
What security measures does BTCC implement to protect user accounts and assets?
newbie
Activity: 27
Merit: 0
are there problems with withdrawals?

Hi there, if you encounter any problems with withdrawals, please get in touch with us via live chat. Our CS agents can better assist you there.
newbie
Activity: 27
Merit: 0
hey, are there any contest in btcc?

Yes, we just launched our World Trading Competition 2024. Individual trading competition with a prize pool of 1.4M USDT is now open for registration: https://www.btcc.com/en-US/promotions/bwtc

You're welcome to register now and compete with top traders from around the world!
newbie
Activity: 2
Merit: 0
are there problems with withdrawals?
newbie
Activity: 3
Merit: 0
hey, are there any contest in btcc?
newbie
Activity: 8
Merit: 0
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.
legendary
Activity: 2338
Merit: 1261
Heisenberg
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  Grin

Imagine having to pay a withdrawal fee of . This is crazy!
newbie
Activity: 6
Merit: 0
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.
newbie
Activity: 13
Merit: 0
fund withdrawals secured? Did you experience any issues with it?
newbie
Activity: 8
Merit: 0
regulation and crypto exchanges? seriously? what for. trading - ok. holding crypto only on cold storage
newbie
Activity: 13
Merit: 0
Is it a legitimate broker?
newbie
Activity: 6
Merit: 0
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.
newbie
Activity: 8
Merit: 0
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.
newbie
Activity: 13
Merit: 0
what are generally fees on the crypto futures?
jr. member
Activity: 42
Merit: 6
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:

newbie
Activity: 13
Merit: 0
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?
newbie
Activity: 8
Merit: 0
Have you already checked some of the other crypto futures brokers?
newbie
Activity: 11
Merit: 0
Is there some learning material on trading crypto perpetual futures?
newbie
Activity: 13
Merit: 0
Actually I don’t have too much experience with the crypto futures, only with ordinary futures on major fiat currencies.
newbie
Activity: 3
Merit: 0
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?
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