Review on BTCC by Olugbenga Ajayi
BTCC is a reliable and secured exchange
BTCC is an exchange that has spanned close to a decade now. It is one of the largest Bitcoin exchange in the shore of China. From the look of its website which is designed with English and four other languages among which are Korean and Chinese, it is obvious that most of it's users will be from that end.
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The exchange support more than 70 altcoins apart from the Bitcoin and all of them trade against the BTC. The exchange also support the Chinese Yuan, little wonder why it includes bank wire and credit card among it's deposit methods.
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It is a reliable exchange and it is also secure. It saves most of the user assets in cold storage and it uses two factors authentication.
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Pros
- By age, the exchange is far older than most other exchanges in the world
- It doesn't compel KYC
- Traders can earn additional reward from private mining on the exchange although for a price
- The platform supports mobile and desktop
- It makes use of many security architectures like two factor authentication, cold storage and many more
- It supports multiple orders types
- The team is transparent. They provide necessary information.
Cons
- It does not support other major crypto apart from the Bitcoin
- It charges deposit and other fees which are not easy to understand for beginners
