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Cryptocurrency Trading With BTCC – Things To Know

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Are you intrigued to learn about BTCC? This London-based brand has gained immense popularity in recent times due to its involvement in the cryptocurrency space.

 

The company is owned and managed by BTCC UK Limited and registered in Pikes End London. It was founded in 2011, primarily for people who are interested in cryptocurrency and help them venture into this field. 

BTCC delivers a plethora of cryptocurrency-related services, including fiat currency, bitcoin mining, and Mobi Bitcoin wallet provision. If you are willing to find out more about this brand, give this post a read.

About BTCC

BTCC is a reliable cryptocurrency exchange that is famous among crypto enthusiasts for its security features, extra services, and liquidity. Although the company was founded in 2011, it underwent a major transformation in 2018.

At first, the company was based in China. However, after closing their office in 2018, they moved their headquarters to the United Kingdom. 

Right now, BTCC is a global crypto brand with a presence in and outside London. They provide an array of crypto-related services and encourage customers to venture into this field.

BTCC Futures Trading

BTCC enables crypto futures trading by letting people trade USTD-margined futures and Coin-margined futures.

For those unversed, USTD-margined futures are settled in USTD and cryptocurrencies for the Coin-margined futures.

At present, BTCC specialises in bitcoin futures, and other perpetual futures trading on over 60 crypto coins, including DOGE, ETH, SOL, and more.

BTCC Tokenized Futures

BTCC has its own stock and commodity futures that help users diversify their portfolios. These tokenized futures were launched in 2022 and are appreciated much by customers.

With the help of BTCC tokenized futures, people can enhance their portfolios by accessing more than just cryptocurrencies. Just so you know all tokenized futures on BTCC are settled in USDT.

BTCC Trading Fees

As far as BTCC trading charges are concerned, they have two types – maker fees and taker fees. To put it in simple words, the taker chooses an existing order, and the maker creates an order different from the orders in the order book.

On a crypto trading platform, takers receive higher trading fees than makers. However, you will also find exchanges where makers and takers charge the same trading fee. This is known as ‘flat fees.’

Talking about BTCC trading fees, it charges 0.06% for both makers and takers. Plus, they give users discounts who upgrade to the VIP level. If you are interested in bitcoin futures, you can choose BTCC. Their cost structure is cheaper than other similar platforms.

BTCC Withdrawal Fees

For each withdrawal, BTCC charges 0.0004, which is much less than other platforms. This is one reason people choose BTCC over other exchanges.

Additionally, BTCC gives users discounts on withdrawal fees. However, this option is accessible to only VIP users.

It doesn’t matter if you are an experienced trader or a newbie, BTCC treats all users equally. It being the world’s longest-running exchange has many advantages. Plus, they have lower trading and withdrawal fees than other exchanges.

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