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Topic: BTCC exchange, discussion, reviews, opinion - page 5. (Read 1665 times)

newbie
Activity: 27
Merit: 0
September 21, 2023, 08:57:43 PM
#85
Are there futures on commodities like oil or gold?

Yes, right now we have gold and silver tokenized futures with up to 150x leverage.
newbie
Activity: 1
Merit: 0
September 18, 2023, 08:44:58 PM
#84
I would like to warn you guys about this exchange. Unlike any other perpetual swap exchange they manipulate funding rates and change them a few seconds before funding settlement which will make you pay a lot of in funding fees. Funding changes from -2% to 2% in a few seconds, you can see it on the platform.

This is not even an exchange. It's just a broker. You cannot place orders in orderbook and make any liquidity. There are no real trades against other traders here.

Additionally, they manipulate the spreads, I witnessed over 5% (!!!) spread on PERPUSDT there, while it was no more than 0.5% a few hours later.

It might be looking good for you at the first gaze, but be careful!
newbie
Activity: 3
Merit: 0
September 18, 2023, 11:43:13 AM
#83
What is a minimum deposit amount in order to open an account?
newbie
Activity: 3
Merit: 0
September 15, 2023, 01:43:13 PM
#82
What is the maximum leverage on perpetual futures for cryptos?
newbie
Activity: 8
Merit: 0
September 12, 2023, 02:42:16 PM
#81
Are there futures on commodities like oil or gold?
newbie
Activity: 42
Merit: 0
So, what do you think is the best option here?
I have no idea, you have to find the answer for yourself. I don’t pay too much attention to the VIP category because here I have the lowest fees for trading futures. I am still at 0.06%, which is fine with me. I also have a discount of 10% on withdrawal fee.
newbie
Activity: 4
Merit: 0
So, what do you think is the best option here?
newbie
Activity: 38
Merit: 0
I think that it is not so easy to jump the ladder to become a VIP user with higher benefits. You need to satisfy two requirements – one is the total amount of deposit and the other is a 30-day volume of trading.
that’s right. If you start with a lower amount then you will not have almost any benefits. If you deposit $500 and have 30-days turnover of $3K, your trading fee will be decreased from 0.06% to 0.0575%. That means if you are not a high frequency trader, you will probably not fit for a decrease in fees.

btcc looks really well
https://i.ibb.co/LRDyzqv/btcusdt.jpg
https://i.ibb.co/JvmWscC/ethusdt.jpg
https://i.ibb.co/jkvhSB1/wldusdt.jpg
newbie
Activity: 42
Merit: 0
I think that it is not so easy to jump the ladder to become a VIP user with higher benefits. You need to satisfy two requirements – one is the total amount of deposit and the other is a 30-day volume of trading.
newbie
Activity: 38
Merit: 0
Hello fellow traders! I have crossed to BTCC broker, considering opening an account there. I was wondering if anyone can explain to me the benefits of becoming a VIP program user? Are there some specific benefits?
In my opinion it is not such a bad idea to become a VIP user. You have some benefits in terms of lower trading fees for example. If you are frequent trader, it would mean a lot for your overall profitability.
newbie
Activity: 4
Merit: 0
Hello fellow traders! I have crossed to BTCC broker, considering opening an account there. I was wondering if anyone can explain to me the benefits of becoming a VIP program user? Are there some specific benefits?
newbie
Activity: 3
Merit: 0
How long are withdrawals processed with you? I am actually interested how long would it take to withdraw USDT to my wallet? Also, are there any limitations to withdrawal amounts including withdrawal fees?
newbie
Activity: 2
Merit: 0
Are there any plans to add BNB as a coin-margined futures product?
newbie
Activity: 11
Merit: 0
Sounds quite interesting to me. I would certainly investigate some strategies around perpetual futures.
jr. member
Activity: 60
Merit: 6
Does btcc make a daily mark-to-market of these contracts?
Of course, it is necessary in order to maintain the margin.
newbie
Activity: 11
Merit: 0
Does btcc make a daily mark-to-market of these contracts?
newbie
Activity: 27
Merit: 0
What trading fees does BTCC charge?

Hello, BTCC trading fees start from 0.065% to 0.03%. As you move up the VIP level, you can enjoy discounts on trading fees.
newbie
Activity: 5
Merit: 0
One of the options for trading would be to make a mix of both daily and perpetual futures. Think about using perpetual contracts as a sort of hedge for your open positions in ordinary futures.
Well, sounds interesting. I would need some time to investigate this topic and make a proper strategy. What are the margins for perpetuals?
Considering that they do not have an expiration date, margins are lower from daily futures. This is also one of the benefits of this type of derivative. Think also that you can use higher leverage here and you don’t need to make a delivery.
newbie
Activity: 11
Merit: 0
One of the options for trading would be to make a mix of both daily and perpetual futures. Think about using perpetual contracts as a sort of hedge for your open positions in ordinary futures.
Well, sounds interesting. I would need some time to investigate this topic and make a proper strategy. What are the margins for perpetuals?
jr. member
Activity: 60
Merit: 6
One of the options for trading would be to make a mix of both daily and perpetual futures. Think about using perpetual contracts as a sort of hedge for your open positions in ordinary futures.
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