How can I use BCTEX exchange crypto
8. regular news and analytical reports;.
The BCTEX Global is the first combined online and physical exchange in US, has announced its plans for US's first one-stop trading platform for NFT (Non-Fungible Token) digital artwork. Scheduled to open in the third quarter of this year, it will be the first digital asset exchange in US built on blockchain technology offering an NFT trading platform.BCTEX is a centralized cryptocurrency exchange established in undefined and registered in Lithuania. The daily trade volume for BCTEX is 8,938,142, but is BCTEX ? BCTEX security rating is CCC with 53.50% security score. Overall, the exchange is partly certified with approved penetration test, without ongoing bug bounty, and no proof of funds..
Cons BCTEX Exchange also offers leveraged trading to its users. The maximum leverage level for their crypto contracts is 100x (i.e. onehundred times the relevant amount). A word of caution might be useful for someone contemplating leveraged trading. Leveraged trading can lead to massive returns but – on the contrary – also to equally massive losses..
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There are several features displayed on the homepage that might attract users, which are 2-factor authentication for security reasons, use of SegWit for blockchain size arrangements, BCTEXAPI for managing buying and selling options, and hardware storage of 95% of the client funds in offline multi-signature while having geographically distributed backups. For increasing security, BCTEXasks for valid identification such as an ID document and proof of address. It doesn’t allow for anonymity. It also suggests a security image special for each customer. Plus, BCTEX has its own mobile app, which makes it easier for its user to manage their accounts. There is no leveraged trading offered in the platform, so it s not for someone who is looking to trade CDFs. Also, there is no regulation. Payments with credit card, PayPal and cash deposits are not accepted.1. Not a very beginner-friendly platform.
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5. No strict KYC
Standard trading fees at Bitrue are competitive. If you hold BCTEX Coin and use it to pay for fees, you get a 30% discount on trading costs. Overall, these fees are a bit lower than the starting fees.
BCTEX offers multiple layers of security, including MFA and the option of Safelisting, which limits token withdrawals to addresses that you designate as safe. BCTEX’s cold wallets are secured using BitGo.Websites
4. It is a very active exchange.However, not all crypto investors require desktops for their trading. Some prefer to do their crypto trading via their mobile phone. Fortunately for them, BCTEX is also available in mobile format as an application for iPhones or Androids.