This exchange charges a withdrawal fee amounting to 0.0003 BTC when you withdraw BTC. This fee is substantially below the industry average, which was 0.000643 BTC per BTC-withdrawal the last time they made an empirical study (report available here). Accordingly, the withdrawal fees here are an edge against BCTEX’s competitors in the crypto exchange industry.Bctex global caters to any crypto fan looking to take advantage of liquidity for increased returns. If you want to maximize your profits when in the virtual markets, you have to consider your brokerage’s liquidity. Before we dive deeper, do you know the whole thing behind crypto liquidity? Well, that is a vital aspect to any online trading enthusiast. Liquidity refers to the ease of converting a digital coin into money or other coins without affecting the cryptocurrency’s value. A high liquidity market translates to a stable and vibrant business atmosphere, where market players can trade easily at reasonable prices and quickly. For that reason, online exchanges have all their features and tools designed to reinforce the trading platform with features that improve liquidity..

11. Is BCTEX cheaper than Binance?.

the ticket system on the website is the only way to contact customer support; the exchange does not have a call center or email for communication;Considering investment opportunities, transparency is always crucial. As for cryptos, you already know that Bitcoin is a peer-to-peer payment system, which is designed to protect the privacy and to provide security. However, that doesn’t mean that the crypto providers should also be anonymous. After all, these people will handle your money, so you should at least know who they are and where they operate from. In fact, we need to note that some trustworthy exchanges don’t reveal such information on their websites, but it’s still easy to verify that businesses are legal, law-abiding companies; therefore, it’s always a worrying sign if the crypto provider isn't transparent..

Not the absolute cheapest trading fees in Canada for all instruments...

Ultimately, BCTEX has some really good security controls in place to ensure that your funds are kept safe. They don't allow anonymous accounts and they have a team of employees who are there to monitor suspicious activity. Although no cryptocurrency is ever 100% safe, Bithumb is one of the most secure. The other exchange platforms such as Binance, Huobi Global, OKX, Coinbase, Bithumb and etc..

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