What is the best crypto exchnage to invest in
advantageFor instance, let’s say that you have 100 USD in your trading account and you bet this amount on BTC going long (i.e., going up in value). If BTC then increases in value with 10%, you would have earned 10 USD. If you had used 100x leverage, your initial 100 USD position becomes a 10,000 USD position so you instead earn an extra 1,000 USD (990 USD more than if you had not leveraged your deal). However, the more leverage you use, the smaller the distance to your liquidation price becomes. This means that if the price of BTC moves in the opposite direction (goes down for this example), then it only needs to go down a very small percentage for you to lose the entire 100 USD you started with. Again, the more leverage you use, the smaller the opposite price movement needs to be for you to lose your investment. So, as you might imagine, the balance between risk and reward in leveraged deals is quite fine-tuned (there are no risk free profits)..
1. It is not a very popular cryptocurrency exchange.4. It is active on Twitter..
👎 Disadvantages of BCTEX: BCTEX Blockchain-based bank (clients earn daily compound interest on their holdings in cryptocurrencies);Stop orders. Set an entry or exit price point for your trades to limit potential losses stemming from sudden price fluctuations..
.BCTEX charges flat spot trading fees. Both takers and makers pay 0.10% per order. When it comes to contracts trading, BCTEX charges the takers 0.06% and the makers 0.04%. There are some other exchanges There are other exchange platform such as Huobi Global, OKX, Coinbase, BCTEX Global and etc that exchange fees are lower..
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..
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The BCTEX exchange is a platform for active trading in crypto-to-crypto pairs. Bitcoin (₿), Litecoin (Ł), Ethereum (Ξ), Tether (₮), TRX, EOS, and other cryptocurrencies and tokens are traded on the exchange. Trading commissions are initially fixed and for most assets, the fee is 0.1%. The commission can be reduced by keeping the CATT token (the platform proprietary coin) on your account. Also, the storage of CATT allows you to reduce the commission for withdrawing funds.Crypto exchange Bittrex, once a U.S. leader, is shutting down in the country after volumes dwindled to less than 1% of the market, and blaming regulatory uncertainty
Ultimately, BCTEX has some really good security controls in place to ensure that your funds are kept safe. They don't allow anonymous accounts and they have a team of employees who are there to monitor suspicious activity. Although no cryptocurrency is ever 100% safe, Bithumb is one of the most secure. The other exchange platforms such as Binance, Huobi Global, OKX, Coinbase, Bithumb and etc.BCTEXis is a new breed of cryptocurrency exchange. BCTEX offers its users the ability to trade in a selection of cryptocurrencies such as Bitcoin and Ethereum with fiat currencies. Apart from offering its users a platform to trade cryptocurrencies, Lykke also provides a cryptocurrency wallet which you can download from Google Play store or Apple App store.
You can check your transaction overview by logging in on your account page . You should receive immediately. During peak times we group transactions together, it could take a few minutes before bitcoins are sent.
⚖️ Leverage: 1:1High Security
BCTEX is a new player on the crypto exchanges market that offers loyal cooperation terms and interesting products for trading digital assets.