Is BTCC Safe? The Most Secure Crypto Futures Exchange

2022/10/04By: C, Fiona

What is BTCC?

BTCC is a cryptocurrency exchange established in 2011 and headquartered in London, UK. We are the longest running cryptocurrency exchange in the world!

We specializes in cryptocurrency contract trading, offering demo trading, day contracts, weekly contracts, and perpetual contracts, so anyone who is a cryptocurrency investor can meet their trading needs through BTCC.

For now, BTCC ranks third in CoinGecko’s Top Derivative Exchanges by open Interest and trade volume.

 

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BTCC Pros and Cons

 

Pros

  • Largest variety of futures: Daily, weekly, quarterly&perpetual
  • Flexible leverage from 10x to 150x
  • Lowest trading fees 0.03%
  • Industry-leadingmarket liquidity
  • Plenty of campaigns to win exciting rewards

 

Cons

  • Advanced functionalities limited to supported cryptocurrencies
  • More centralized than other competing platforms

Is BTCC Safe?

We reduces the risk of asset loss for its users and creates a safer trading environment for them through the following security measures.

 

1.Legal and Regulatory Licenses

BTCC has obtained MSB regulatory licenses in the U.S. and Canada respectively.

  • U.S. MSB regulatory license (license registration number 31000168143239)
  • Canadian MSB regulatory license (license registration number M20713346).
  • Lithuania Crypto License (License No. 305950582)

 

2.Anti-Money Laundering  (AML)

The BTCC has also adopted the Anti-Money Laundering (AML) regulation to prevent money laundering and combat the financing of terrorism.

 

3.KYC Identity Verification

Avoid financial fraud and identity theft.

 

4.Cold Wallet

BTCC also uses separate cold pockets to store user assets. Although there is no 100% secure storage method, cold pockets have been recognized as a relatively safe method.

 

5.2FA Dual Authentication

Login with Google/SMS/Email 2FA dual authentication.

To withdraw from BTCC, you also need 2FA dual authentication to add a withdrawal address.

 

BTCC APP DOWNLOAD

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Conclusion

BTCC is one of the oldest cryptocurrency exchange platforms in the world and has succeeded in remaining in the exclusive club by keeping up with market trends. The organization has established itself as a solid recommendation for anybody who can satisfy their needs with the list of supported cryptocurrencies and trading pairs and resides in the areas where the exchange is accessible thanks to a decade of trust, dependability, usability, and security.

 

BTCC FAQs

Is BTCC safe?

Since its inception in 2011, BTCC has made it a priority to create a secure space for all of its visitors. Measures consist of things like a robust verification process, two-factor authentication, etc. It is considered one of the most secure markets to buy and sell cryptocurrencies and other digital assets.

Is it possible for me to invest in BTCC?

Users are encouraged to check if the exchange delivers to their area. Investors in BTCC must be able to deal in US dollars.

Can I Trade BTCC in the U.S?

Yes, US-based investors can begin trading on BTCC and access the thriving crypto asset secondary market to buy, sell, and trade cryptocurrencies.

 

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