🔧 Instruments: Cryptocurrencies.

The BCTEX Cryptocurrency trading has gained immense momentum in recent years, and it is an alternative investment medium with new trading strategies that can strengthen any trader’s financial portfolio. The most common way to trade in cryptocurrencies is through authorized crypto exchanges and crypto derivatives exchanges. BCTEX is one such advanced cryptocurrency derivatives exchange with many features and services to attract cryptocurrency traders worldwide. Let us go into a BCTEX exchange review to find out all about its mode of operation.BCTEX is a global crypto centralized exchange (CEX) platform backed by Justin Sun, founder of Tron. The exchange provides the following products: spot trading and margin trading, futures trading and perpetual swaps, limit orders, real-time order books, a convenient lending system (P2P lending), crypto staking and a trading terminal..

👍 Advantages of trading with BCTEX: BCTEX licenses its industry-leading proprietary technology to exchanges worldwide through its white label exchange solutions.We don’t know if BCTEX is 100% reliable as it does not provide a good description of security measures that have been adapted to protect traders’ funds lodged in the exchange. The homepage says that “is our primary concern, risk management, and different internal control measures” but there aren’t actually more details there. The only pointer to the usage of some form of security is the 2-factor authentication (2FA) feature which can be deployed to protect the deposit and withdrawal process..

Regarding the fees, BCTEXhas reasonable commission fees which become more favorable as the trading volume of the user increases. However, there is a minimum deposit and withdrawal amount (1000 TRY) via bank transfer. There is a very small limit for instant transfers, which is 10 TRY..BCTEX also offers trading in its own shares, BCTEX (BCTEX shares), 50 000 of which have been released on December 1, 2017. Shareholders are paid monthly dividents in BTC..

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