This summer, a new innovative exchange platform for digital currencies came into existence. BTCEX.com is incorporated in Seychelles; however, its operating company BTCEX Exchange Limited is registered in Ontario, Canada, and received the Canadian MSB license for forex, money transfer, and virtual-currency dealing.
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(Graphic: Business Wire)
Its founding team hails from the world’s top-tier exchange platforms Binance (Cayman Islands), Huobi (Seychelles), and Bithumb (Korea). They boast of years of experience in the development and operation of digital-asset exchanges. Since they know the business and trading logic inside out, they beg to differ from the current industry benchmark that lacks usability by all odds. BTCEX implements the much called for features that make it stand out professionally and qualitatively among your average derivatives exchanges.
The main competitive advantage of BTCEX is that it offers a full range of trading services, both spot (leveraged spot included) and derivative. BTCEX is the world’s first derivatives exchange to offer USDT-settled options under combined margin. This margin mode means that traders can share their margin between leveraged spot, options, and futures trades all at once. This is the extrapolated cross margin if you will. With this multi-product margin model, traders get more adaptive trading, effectively reduced trading costs, and higher asset utilization. The target audience of BTCEX is traders from English and Spanish-speaking countries, Japan, and Korea. As the platform’s motto goes, it multiplies your options, literally and figuratively.
BTCEX offers competitive maker and taker fees, 0.02% and 0.05%, respectively. The platform established the Insurance Fund of 500 BTC to cover the negative balance of bankrupt accounts. It adopts advanced risk control and risk management and is highly extensible. The high-performance matching and liquidation engines of BTCEX are fine-tuned to offer the best trading experience. By the way, BTCEX can match up to 100,000 transactions per second. API is available for professional traders, too. Another upside is that deposits are confirmed swiftly; and traders can withdraw funds any time they need (compare that to just one withdraw per day on Bybit or BitMEX). The supported networks include OMNI, TRON, and BSC. [BTCEX.com] has all that it takes, including the precisely positioned top-level domain name, to be your next and best crypto derivatives trading platform.
Risk Warning: Cryptocurrency trading involves significant risks. Please take your investment decisions accordingly. The above information is not financial or investment advice. BTCEX shall not be responsible for users’ trading losses.