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BTCC Review

31

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Average

Revainrating 4 out of 5  
Rating 
3.9
Crypto Exchanges

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Description of BTCC

BTCC is a Hong Kong based bitcoin exchange that was once the world's second largest by volume in October 2014.[1] Founded in June 2011 as BTCChina, it was China's first bitcoin exchange, and most of its customers are thought to be from the domestic market. In 2018, it is thought to now have almost 150 employees

Reviews

Global ratings 31
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  • 4
    13
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  • 1
    5

Type of review

In general, be very careful with your SCAM deposit because they work there. Never use BTCC trading. The relevant component is that no one uses a BTCC exchange, sells the most convenient exchange bots, and buys useless BTCC coins. Several corporations continued to buy and promote cash on the BTCC alternative to get a discount, but as the BTCC trademark no longer changed, the BTCC trade replaced cash. I will open my eyes to people who want to evaluate this alternative and look elsewhere, because…

Pros
  • Good popularity, proven security.
  • Great exchange rate, deep liquidity.
  • Supports Fiat (US $) currency, proposed bank cable and credit cards.
  • Competitive trading costs.
Cons
  • Other major cryptocurrencies isolated from Bitcoin are no longer stored.
  • Saving and beginners increase payments that may be difficult to understand.

Revainrating 5 out of 5

they list new cryptos quickly

Being a speculative investor, I'm always on the lookout for opportunities in the crypto market. Game Fantasy Coin (GFT) had grabbed my attention, but I struggled to find an exchange where I could trade it since it wasn't available on major platforms like Binance, Kraken, or Coinbase. Unfortunately, I missed out on the initial ICO. However, a few months later, I came across BTCC exchange while browsing a cryptocurrency forum. To my pleasant surprise, I discovered they offered GFTUSDT futures…

Pros
  • Focused only on trading
Cons
  • not available in every country

Revainrating 1 out of 5

Get A Refund While It’s possible For You

I tried withdrawing my invest months back before they packed up but my withdrawal was not approved for reason best know to them..I left several messages on different platforms like Twitter ,Facebook ,emails but no response ..Lucky for me the money held up was about $5,000..During the process looking for help to retrieve my held up coins I stumbled upon an investigative firm called Active Intel and they helped retrieved my held coins but a fee of 3% of returned investment..I am happy today…

Pros
  • None
Cons
  • Scammers

Revainrating 5 out of 5

BWTC 2024. Recommend

One of the best competition I`m taking a part as a trader. High prices, good exchanges, low fees. I love that I joined them.

Pros
  • Would like to take a part in a short competition
Cons
  • No cons

Revainrating 5 out of 5

My choice - BTCC

I am happy with how BTCC keeps me informed about potential disruptions in accessing my funds. Their proactive approach, like announcing upcoming features and temporary withdrawal pauses, helps me plan effectively.

Pros
  • new competition good for traders ib as well
Cons
  • nope

Revainrating 4 out of 5

SVIP4 Discount

SVIP4 discounts on BTCC are a big help for me as I trade a lot. Lower fees and discounts mean I save money and trade more easily.

Pros
  • Competitive trading fees and costs. 24/7 customer support services. Offers leverage trading options.
Cons
  • No fiat deposit options. Mobile app lacks some features. Limited educational resources for new traders.

Revainrating 4 out of 5

Caught off guard

At first, these unexpected fees on BTCC caught me off guard, but now I understand them better. If my margins are low or if I don't trade futures, there's a 6% fee.

Pros
  • Wide range of cryptocurrency pairs available. User-friendly interface for beginners. Robust security measures in place.
Cons
  • Limited payment methods available. Not available in all countries. KYC process can be lengthy.

Revainrating 4 out of 5

Staying Active

I believe staying actively engaged on BTCC and taking advantage of the VIP discount program is my best strategy to minimize costs in 2024. The introduction of new rules, such as a 6% additional fee for purchasing USDT without trading futures, emphasizes the importance of remaining active. Inactivity may lead to extra fees, so leveraging the VIP program and staying involved is crucial for optimizing cost efficiency. My opinion.

Pros
  • Support team, spreads and executions speed
Cons
  • Not so much offers for crypto holding.

Revainrating 5 out of 5

New rules = new strategy

To keep my fees low with BTCC`s new rule, I make sure my cumulative margins are always above 30% of my total crypto purchases. By maintaining a healthy margin, I avoid the extra 6% withdrawal fee. Regularly checking my strategy and portfolio helps me meet the rule`s requirements, minimizing fees for a better trading experience on BTCC.

Pros
  • Spreads Platform Withdrawal
Cons
  • kyc is mandatory

Revainrating 5 out of 5

It is my choice

I'm happy with my initial decision to opt for this platform. The positive recommendations and feedback initially drew me in, and even after years of trading, everything still stands strong. Admittedly, keeping up with the constant stream of new updates and improvements is a bit challenging. Reading articles like this BTCC review certainly helps simplify the process. Nevertheless, the platform's fundamental functions and options are more than sufficient for my needs. It's been a solid choice…

Pros
  • Good platform
Cons
  • Like any broker, there are drawbacks, but they don’t bother me.

Revainrating 5 out of 5

Secure Broker

I can confidently vouch for BTCC's security – experienced it firsthand with zero issues. Their impressive certifications only boost my trust! Using the platform is simple; no intimidating interfaces here. All the main functions are easy to find and use. The clean design makes it super user-friendly. I like how they've made security a top priority without sacrificing user experience. It's the kind of platform where you feel at ease, and the straightforward interface ensures a hassle-free…

Pros
  • Good and clear platform
Cons
  • I haven't come across any cons yet

Revainrating 4 out of 5

Good improvement.

While their software has had its challenges, I've noticed improvements over time. Initially, trades seemed to fail without error messages, creating uncertainty. However, I've observed that despite the lack of immediate confirmation, many of these trades did go through successfully. Adjusting positions used to be a hassle, but the recent updates have addressed these issues, making the process smoother.

Pros
  • Good platform for trading. Fast technical support.
Cons
  • There were some shortcomings, but they were corrected.

Revainrating 4 out of 5

Good technical support

I recently joined BTCC Exchange without checking reviews beforehand, proceeding with a bank transfer. Contrary to some negative experiences, my experience has been smooth – no problems encountered. However, I'm holding back one star due to the copy trading feature still being in Beta. I'm optimistic that as it progresses, it will become an even more valuable addition. Additionally, the graph system is improving with their new BETA version – a significant step forward. Once direct buy/sell…

Pros
  • helpful customer support
Cons
  • copy trading feature still being in Beta

Revainrating 5 out of 5

I like the BTCC broker

I get that using leverage comes with risks, but it's a great way to make more money when you get it right. BTCC raised their leverage to x225 in October 2023, and it made my trading experience awesome. This higher leverage gave me more gains and helped me take advantage of opportunities. BTCC is doing a great job improving the overall trading experience, and I'm looking forward to continuing trading with them. The promotion was available until October 2023, and it's been the best one for me…

Pros
  • High leverage.
Cons
  • There are some shortcomings, but they don't bother me now.

Revainrating 4 out of 5

They removed overnight fees but added funding fees.

The replacement of overnight fees with funding fees by BTCC has left me with mixed feelings. While the funding fees are relatively lower, they've introduced a new challenge for traders like me because the fees are charged 3 times a day they are hard to avoid because I cant just close a trade and open it once the funding fee period is over. Its not the same as overnight swaps where I can close my trades at where I think the peak of the day is.. I may have to change my trading strategy which…

Pros
  • removed overnight fees
Cons
  • added funding fees

Revainrating 5 out of 5

Liquidation fees

I couldn't help but chuckle when I received that notification from BTCC regarding liquidation fees. I mean, when you've lost everything, what more can they take, right? The concept of a ""forced liquidation fee"" may seem like adding salt to the wound. It's a reminder to all traders to be cautious and manage their positions wisely to avoid the need for forced liquidation in the first place. It's a lesson in risk management that we should all take seriously to prevent any unexpected surprises.

Pros
  • Good technical support
Cons
  • There are some disadvantages, but they do not interfere with my trading.

Revainrating 4 out of 5

Good broker.

As a risk-taker who loves maximizing profits, BTCC's maximum leverage of x150 suits my trading style perfectly. I'm always cautious about managing my risk effectively, and BTCC allows me to do that while still taking advantage of their generous leverage options. For beginners, I'd recommend starting with low leverage and utilizing the beginner's bonus to stay safe.

Pros
  • maximum leverage of x150
Cons
  • its OK now

Be cautious with your store since they truly work there. Never use BTCC exchanging. The benefit is that nobody utilizes BTCC exchanging, just sells exchanging bots and purchases futile BTCC coins. A few gatherings proceeded to purchase and sell coins in the BTCC exchange to get a rebate, however lost their money on the grounds that the BTCC exchange didn't change to the BTCC brand name. I will make me fully aware of the individuals who need to assess this exchange and look somewhere else, on…

Pros
  • Huge exchange volume, profound liquidity.
Cons
  • This is an exercise in futility

Be very careful with your store because they really work there. Never use BTCC trading. The advantage is that no one uses BTCC trading, only sells trading bots and buys useless BTCC coins. Several groups continued to buy and sell coins in the BTCC trade to get a discount, but lost their cash because the BTCC trade did not change to the BTCC trademark. I will open my eyes to those who want to evaluate this trade and look elsewhere, because this trade is working / not, there is not enough…

Pros
  • Large trade volume, deep liquidity.
Cons
  • This is a waste of time

Revainrating 4 out of 5

BTCC is a trustworthy and gotten exchange

BTCC is an exchange that has spread over close to 10 years now. It is one of the greatest Bitcoin exchange the shore of China. From the presence of its site which is arranged with English and four distinct tongues among which are Korean and Chinese, unmistakably most of it's customers will be from that end.  The exchange support more than 70 altcoins isolated from the Bitcoin and all of them trade against the BTC. The exchange similarly support the Chinese Yuan, little can't resist the

Pros
  • By age, the exchange is definitely more prepared than most various exchanges on earth
  • It doesn't compel KYC
  • Sellers can secure additional honor from private mining on the exchange dislike of the way that at an expense
  • The stage maintains flexible and work region
  • It uses various security structures like two factor affirmation, cold storing and some more
  • It maintains various orders types
  • The gathering is direct. They give significant information.
Cons
  • It doesn't maintain other major crypto isolated from the Bitcoin
  • It charges store and various costs which are hard to understand for novices