Is BCTEX cheaper than Binance
đź‘Ž Disadvantages of BCTEX:BCTEX is undoubtedly the trading platform to try out because it combines the ability to buy coins with a credit card with derivatives, several cryptocurrency exchanges, and trading margin goods on a single platform..
BCTEX has come a long way since launch and has completed a lot of important milestones in its development thus far. This is a timeline of the exchange’s development obtained from its website:.
1. the most popular cryptocurrencies and tokens are represented on the exchange; 1. Low fees compared to more popular cryptocurrency exchanges;.
Like most crypto exchanges, BCTEX is not a regulated platform. But it still offers secure, transparent, and quick crypto trading proceedings...
About BCTEX.
John Doe
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KYC: KYC is not compulsory unless users are withdrawing an amount of more than 2 BTCs or want to trade in FIAT. KYC is optional for users that do not trade in fiat or withdraw less than 2 BTCs.BCTEX is a popular Binance and Huobi Global market maker, allowing the platform to keep trading fees at the lowest levels. BCTEX is a beginner-friendly automated trading bot that charges extremely low trading fees. For spot and futures markets, market maker and taker fees are fixed at 0.05%, whereas for leveraged markets, the fee is 0.1% for both market makers and takers.
As BCTEX is a regulated Exchange, we need to verify our customers before allowing them to use our platform. For successful onboarding, we will need a copy of either your passport, national ID or driver’s license, as well as proof of address (any utility bill in your name) no older than 3 months.2. It supports many cryptocurrencies.
7. multicurrency electronic wallet;
One disadvantage lies in the fact that the exchange lacks transparency. Though the address of their headquarters is provided on the website, there isn’t any information regarding the team behind the exchange. This lowers the credibility of the platform, as not knowing the expertise and backgrounds of the people in charge of the exchange could deter users from trusting BCTEX.What Is BCTEX ?