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BTCEX crypto exchange review and features

BTCEX crypto exchange review and features

  • 28 March 2022
  • 91 View

BTCEX crypto exchange is a full-featured trading platform with multiple options for convenient digital asset trading. Despite being a relatively new cryptocurrency exchange, only a few years old, the platform includes hundreds of digital assets that allow traders to explore a variety of industries and markets.

Registered in Ontario, Canada, BTCEX complies with the laws and regulations of countless countries, allowing traders from all over the world to participate.

Key Features and Benefits of BTCEX crypto exchange

If you are looking for cryptocurrency exchange with tons of trading options and a variety of markets, BTCEX is a great option. The variety of assets is also huge, with several hundred trading pairs on the platform. As icing on the cake, the professional trading platform offers numerous options for customizing charts.

Below I have compiled many of these aspects of the BTCEX crypto exchange as well as other important features:

  • Large selection of over 70 cryptocurrencies
  • Beginner-friendly platform
  • Trade with up to 10x leverage
  • Android and iOS apps
  • Simple registration process
  • Multiple trading markets
  • Copy-trading for amateurs
  • Premium rewards and bonuses
  • 50% commission for referrals
  • Great account safety and security

Negatives & Cons of BTCEX crypto exchange

There are many things to love about BTCEX, but there are some critical cons that can negatively affect your experience.

  • No quick buying and selling of cryptocurrencies
  • Only crypto deposits and withdrawals are available
  • Not the best customer service and leading content

What services does BTCEX crypto exchange offer?

Many traders choose BTCEX crypto exchange so that they don’t have to compromise on asset and trading pair availability and can diversify their positions by opening trades in different markets. BTCEX has many additional benefits, which I will detail below.

Large selection of over 70 cryptocurrencies at BTCEX crypto exchange

BTCEX crypto exchange offers a wide range of cryptocurrencies for trading. About 80 crypto assets are available on the spot market, including almost all major cryptocurrencies, making it easy for traders to keep up with and evaluate market conditions. The following cryptocurrencies are just a few that you can trade: BTC, ETH, SOL, SHIB, XRP, MANA, SAND, and GALA.

Of course, you can also try your luck with other cryptocurrencies. Just make sure you evaluate the market conditions and consider all the essentials before investing your money to get better returns.

Beginner-friendly platform

Instead of confusing you with complicated options and unfamiliar words that describe what is available on the exchange, the BTCEX crypto exchange undoubtedly offers one of the most beginner-friendly platforms.

Every option you want is listed in the top bar of their website. Each available market is identified separately for easier access.

Trade with up to 10x leverage

We all know that it can be difficult to make quick profits when trading in a non-leveraged market. Leverage increases your potential to earn more and explore opportunities that could bring you better results. With BTCEX crypto exchange you can increase your earning potential up to tenfold. This may seem a little low for many professional traders, but beginners should keep in mind that the higher the leverage, the greater the risk of losing money.

A limit to leveraged trading at BTCEX is that only two assets are compatible with their leveraged trading: BTC and ETH. The platform may add more assets in the future, but that’s how it is for now.

Android and iOS apps

Cryptocurrency markets are vulnerable and volatile. They can change in hours or even minutes. For traders who don’t want to miss an opportunity to explore their options and open a position, mobile access to your exchange account is crucial.

BTCEX crypto exchange has developed specialized mobile applications that support full-fledged trading. Users can access all trading markets and options available on the site. Their app is available for both Android and iOS devices through the App Store. If you encounter any problems installing the application on your Android device, you can also download the APK file separately directly from the platform and install it immediately.

Simple registration process

The BTCEX signup process is so fast that you can be on the exchange in less than a minute. You can enter your information manually or connect your Google account. All features are available after confirming your email address.

Multiple trading markets

BTCEX crypto exchange is a popular choice as it offers multiple trading options. There are multiple trading markets and hundreds of trading pairs. The most basic of these is spot trading. In spot trading, there are more than 50 pairs that you can use to explore and open positions.

If you want to increase your earning potential, you can opt for margin trading and have leverage on what you are trading, which I discussed in a previous section. In addition, traders have access to the perpetual market, futures, and options. Asset availability in these markets is significantly less than in the spot market, but you still have plenty of options.

Copy-trading for amateurs

If you’re an amateur trader who doesn’t have the skills to trade efficiently, then copy trading could be a boon to you. As the name suggests, Copy Trading allows traders to copy other traders and make money from them. With this option, you don’t have to do anything as everything is taken care of by the trader you follow.

BTCEX crypto exchange offers a whole range of copy traders that you can follow. Before choosing a trader, you can check their success rate and the number of other traders who are following them. To use this feature you will have to share some of your profits, but the trade-off can be worth it for new traders.

Premium rewards and bonuses

There are several ways BTCEX rewards its users. One of the simplest is promotions that reward you for depositing assets into your BTCEX account. You can also get free crypto by hitting cumulative trading days and volume benchmarks. BTCEX crypto exchange rolls out these types of offers fairly often, so users should keep up with the rewards center to see what promotions are running.

50% commission for referrals

If you are looking for another way to make free money with the BTCEX crypto exchange, check out the referral program that offers fantastic rewards. You can earn up to 50% of the trading fee paid by traders that bring you to the platform.

Great account safety and security

There are multiple layers of security that you can implement on your BTCEX account. The first and most reliable is two-factor authentication. You can activate it by accessing your account details. If you want even more security, you can create an anti-phishing code that will prevent you from entering your details on fake websites designed to look exactly like BTCEX.

KYC & data

KYC and user data is by far the most important aspect of transparency. And here BTCEX crypto exchange is particularly careful because the protection of your data is our top priority.

We adopt appropriate data collection, storage, and processing practices and security measures to protect against unauthorized access, alteration, disclosure, or destruction of your personal information, username, password, transaction information, and data stored on our website.

In addition, BTCEX crypto exchange only collects personally identifiable information from users if they voluntarily submit that information to us.

Order book and token listing process

BTCEX crypto exchange has a clearly defined strict set of guidelines that govern our token listing process or ICO.

Before the ICO, we conduct a series of inspections on the creators, liquidity quotient, future, and more about the token. We won’t list a token that we don’t know much about just because they pay us a good amount!

Several cases in the past have shown that exchanges have listed an ICO without considering its liquidity, price, and trading volume. Also, the price manipulation adds the rest of the hype to the incompetent tokens.

As a result, traders suffered. But no price manipulation at BTCEX. Also, the order book in the BTCEX crypto exchange shows you the real-time data to better assess the transaction.

Accurate information about the transaction between two parties is visible without any alteration or manipulation.

BTCEX Fees
BTCEX Deposit Fees

The only way to fund your BTCEX crypto exchange account is with free cryptocurrency.

BTCEX trading fee

The trading fee at BTCEX is split into several parts due to the wide range of trading options available on the platform. The table below shows the exact trading fees of all available markets.

BTCEX trading fee

For options trading, it costs around 20 USDT per BTC and 1.5 USDT per ETH.

BTCEX fiat withdrawal fees

Fiat withdrawals are not supported on BTCEX.

BTCEX Crypto Withdrawal Fees

The crypto withdrawal fee at BTCEX crypto exchange is not fixed and may fluctuate based on market conditions. You can visit BTCEX’s fees page to find out the average withdrawal fee for each of the assets that you may wish to withdraw from the platform.

Pros and cons of BTCEX
Advantages
  • Over 70 different cryptocurrencies are available
  • Multiple trading markets
  • Copy trading is possible
  • Professional mobile apps
  • Beginner-friendly platform
Disadvantage
  • Crypto deposits and withdrawals only; no fiat currencies supported
  • Not the best customer support
Verdict

BTCEX has managed to meet almost every need of traders with the integration of multiple trading markets and hundreds of pairs. The platform is a great choice for any trader who wants to explore tons of trading opportunities in a single place. What makes BTCEX crypto exchange enticing to amateurs is its ability to copy experienced traders.

Another great thing for beginners is that the platform is very user-friendly with a simple layout. You can also earn a few extra bucks by referring the platform to other people, and you can even earn rewards just for depositing assets or increasing your trading volume. Since the platform is available worldwide, users from almost any country can register and start trading on the BTCEX crypto exchange.


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One response to “BTCEX crypto exchange review and features”

  1. Isaac ihaza says:

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