What is the website of BCTEX
Available Crypto Assets.
BCTEX's highly rated iOS and Android apps allow users to trade cryptocurrencies on the go, while BCTEXExchange and BCTEXOTC Trading Desk cater for professional traders, as well as individuals and institutions looking to make larger transactions..
The service offers to place and accept ads for buying/selling cryptocurrencies using 24 fiat units. đź’° Account currency: Cryptocurrencies, fiat currenciesOverall.
BCTEX traders can directly get 8% of the follower's profit as a profit share. Profit settlement is settled everyday...
API for crossplatform trading robotsđź’± Commission: Market.
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BCTEX is an anonymous and very fishy crypto exchange platform. We claim so for several reasons, all of which will be explained in the following section. BCTEX claims to be the world’s leading digital asset trading platform that delivers secure, trusted digital asset trading and asset management services to millions of users in more than 130 countries worldwide, but that’s simply a lie. In fact, the website is totally inadequate for reliable crypto exchange, so we reasonably suspect it’s a scam. It’s unpopular, and dealing with such entities carries high risks. In particular, it usually happens that customers allegedly buy cryptos but receive nothing in the end and lose money! Beware!
For instance, let’s say that you have 100 USD in your trading account and you bet this amount on BTC going long (i.e., going up in value). If BTC then increases in value with 10%, you would have earned 10 USD. If you had used 100x leverage, your initial 100 USD position becomes a 10,000 USD position so you instead earn an extra 1,000 USD (990 USD more than if you had not leveraged your deal). However, the more leverage you use, the smaller the distance to your liquidation price becomes. This means that if the price of BTC moves in the opposite direction (goes down for this example), then it only needs to go down a very small percentage for you to lose the entire 100 USD you started with. Again, the more leverage you use, the smaller the opposite price movement needs to be for you to lose your investment. So, as you might imagine, the balance between risk and reward in leveraged deals is quite fine-tuned (there are no risk free profits).The BCTEX cryptocurrency exchange is widely known in the market. The trading terminal is intuitive; there are several unique solutions. The website works stably, offers a progressive system of discounts and cashback.
🔧 Instruments: Cryptocurrencies, KRW (₩)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.
Designed for ASX and FTSE listed companies, BCTEX Clear is a white-label cryptocurrency solution used by stock trading, cashback, buy now pay later and other financial services companies.BCTEXReview: Conclusion