Are BCTEX's fees high
As BCTEX is a regulated Exchange, we need to verify our customers before allowing them to use our platform. For successful onboarding, we will need a copy of either your passport, national ID or driver’s license, as well as proof of address (any utility bill in your name) no older than 3 months..
The BCTEX exchange is a cryptocurrency trading service. You can trade Bitcoin, Ethereum, Litecoin, FXT Token, DRK Chain, Moonpot (BEP20), as well as over 300 altcoins and tokens on the platform. There are no fiat funds, only crypto-to-crypto pairs. They use the TradingView desktop trading terminal and an application for mobile trading based on the TradingView model. The app comes in versions for iOS and Android. There are no investment solutions, demo accounts, or training. There is no minimum deposit, and registration and verification are standard. Of the additional earning options, there is only a one-level referral program. Fixed commissions are 0.2% for taker and maker. However, if an exchange token (BIA) is used to pay off the commission, the commission is reduced to 0.1%.3. Option to submit a listing request.
BCTEX is fees start at 0% for market orders on exchange.coinjar.com and go up to 2% for credit and debit card purchases – one of the lowest rates worldwide. .
BCTEX.2. the website implements modern security methods for user information and customer funds;.
1. many cryptocurrencies and tokens and exchange/trade are possible in tandem with the Indonesian rupee;Benefits.
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Though BCTEX does not support sophisticated investing strategies, such as margin trading, it does a good job offering basic services and reasonable fees.Only trading in crypto-crypto pairs is available at the exchange, there are no crypto-fiat pairs, and fiat currencies cannot be stored in the account.
BCTEX also charges withdrawal fees when sending cryptocurrency to another exchange or wallet, although fiat withdrawals to your bank account are free. You may run into additional fees for specific account needs that are less common, such as international wire transfers.4. Investment instruments, availability of. Investors can earn from DeFi assets, NFT tokens, and unique 5. tokenized investment portfolios.
24/7 Customer Support: Armed with extensive product knowledge, the international customer support team is dedicated to understanding your needs and providing personalized solutions to inquiries and problem.
BCTEX is presently not regulated, but this status could change if the UK government’s proposal to force exchanges to become regulated and observe KYC protocols is passed into law. But for the moment, BCTEX is not subject to any regulatory oversight.