BTCC, originally known as BTC China, stands as one of the oldest cryptocurrency exchanges still in operation. Founded in 2011, it has transformed into a global derivatives platform offering leveraged crypto futures, copy trading, and other advanced features. This BTCC review explores the platform’s history, offerings, and user experience, providing a balanced assessment of its strengths and weaknesses.
What Is BTCC?
👉 BTCC is a crypto derivatives exchange specializing in futures trading, copy trading, and spot markets. It caters to both retail and institutional traders with high-leverage products and educational resources.
BTCC’s Evolution: A Brief History
- 2011: Launched as BTC China, primarily serving Asian markets.
- 2014: Shifted focus to global expansion under CEO Bobby Lee.
- Today: Operates in 100+ countries with 7 million users, offering up to 500x leverage and AI-driven features.
Key Milestones:
- Transitioned from spot trading to derivatives.
- Introduced copy trading and VIP programs.
- Plans to integrate AI and yield products (under development).
BTCC at a Glance
- ✅ Established: 2011 (no security breaches).
- ✅ Global Reach: Available in 100+ countries.
- ✅ Products: Futures, spot, copy trading, mobile app.
- ✅ Leverage: Up to 500x.
BTCC’s Products and Services
1. Derivatives Trading
- 500x leverage on crypto, forex, commodities, and indices.
- Margin modes: Isolated (per-trade) or Cross (account-wide).
- Advanced order types: Stop-loss, take-profit, and limit orders.
2. Spot Trading
- 200+ pairs with real-time data and order book tools.
3. Copy Trading
- 600,000+ traders to follow.
- Two modes: Fixed Margin ($ amount per trade) and Proportional Margin (% of leader’s position).
4. Demo Trading
- Virtual funds (500K USDT/week) for practice.
- Tasks reward real trading capital.
5. Mobile App
Is BTCC Safe?
- 🔒 No breaches since 2011.
- Licenses: FinCEN (U.S.), FINTRAC (Canada).
- Reserves: 1:1 backing + Merkle tree audits.
- Cold Storage: Majority funds offline.
KYC Tiers:
- Unverified: Limited features.
- ID Verified: Passport/driver’s license.
- Facial Verification: Selfie for full benefits.
BTCC Fees
- Trading: 0.06% maker/taker.
- Deposits: Free.
- Withdrawals: Variable (network-dependent).
👉 Compare fees with other platforms.
Why Choose BTCC?
- High Leverage: 500x on select pairs.
- Copy Trading: Beginner-friendly.
- No Mandatory KYC: Privacy-focused.
- Demo Account: Risk-free practice.
Getting Started
- Register: Email or social login.
- Verify (Optional): Unlock higher limits.
- Fund Account: Crypto deposits only.
Pros and Cons
Pros
- No KYC required.
- 500x leverage.
- Robust mobile app.
Cons
- Limited spot markets.
- Complex withdrawal fees.
FAQs
1. Does BTCC require KYC?
No, but verification increases limits.
2. Is BTCC available in the U.S.?
Yes.
3. Has BTCC ever been hacked?
No.
4. What leverage does BTCC offer?
Up to 500x.
Final Verdict
BTCC excels in derivatives trading and accessibility but lags in spot market diversity. Its 14-year security record and optional KYC make it a strong choice for privacy-focused traders.
Risk Warning: Crypto trading involves high risks. This is not financial advice.