BTCC is a registered exchange in the US, Canada, and Europe. BTCC was founded in June 2011 with the goal of making crypto trading reliable and accessible to everyone.
BTCC is one of the world’s largest, yes most confusing, cryptocurrency trading platforms. Based in Hong Kong, this Chinese exchange has been rocked by vacillating Chinese regulations and has had to suspend various services at times during the past several years.
The exchange limits itself to providing solutions to investors looking to acquire, sell, and trade cryptocurrency Futures. This means that services like staking, pool mining, spot trading, and many others are not available.
In 2022, BTCC launched tokenized futures, an innovative product invented by the exchange, on its platform, allowing users to trade stocks and commodities futures with USDT as the margin. BTCC has obtained MSB regulatory licenses in the U.S. Canada, Europe respectively.
Investors in BTCC must be able to deal in US dollars. Deposits and withdrawals can be performed via credit/debit card, bank transfer, or Bitcoin.
Conclusion
If you have just started to dabble in the world of cryptocurrencies, the interface of most crypto brokers might appear overwhelming to you. However, the user interface of BTCC is straightforward. Without any complex mumbo jumbo, the exchange gives you exposure to the top digital assets of the world. You can start your crypto journey today by signing up on BTCC today and start trading within a few minutes.
BTCC is one of the few brokers in the industry which also allows you to demo trade without having to deposit any funds. This makes it one of the best crypto exchanges for paper trading or demo trading. Utilizing this feature, you can learn crypto trading with proper risk management without investing any real money.
Michel Ouellette JMD, ll.l., ll.m.
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Disclaimer: All write-ups and articles do not constitute financial and legal advice in any way whatsoever but for information purposes only.
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