Is BCTEX safe to use
About BCTEX.
The exchange operates strictly based on European legislation, and the organization is licensed.Summary of BCTEX Crypto Exchange.
4. Simple registration procedure; ⚖️ Leverage: up to 1:300.
Educational resources. BCTEX Global features tutorials, trading ideas and analysis under its “Learn” tab..BCTEX Global partnered with Singapore-based crypto asset security platform, Onchain Custodian, which maintains custody of BCTEX Global ’s crypto assets. In addition, those assets are backed by Lockton, a private insurance brokerage..
Advantages of trading with BCTEX :.
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BCTEX is a centralized cryptocurrency exchange established in undefined and registered in Colorado of United State. The daily trade volume for BCTEX is ,251,859,933, but is BCTEX safe? BCTEX security rating is A with 81.80% security score. The other exchange platforms such as Binance, Huobi Global, OKX, Coinbase, BKEX and etc.All features are available on the BCTEX IOS, Android and Web App
Low trading fees per transaction. Fees only increase when depositing/withdrawing large amounts. Also no limit on transactions or minimum thresholds.
About BCTEXFor 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).
11. Is BCTEX cheaper than Binance?6. Personal data verification can be completed on the BCTEX website without downloading the mobile app;
Surviscor CEO Glenn Lacoste was also unequivocal in stating why his company gave BCTEX the top ranking in their Canadian self-direct brokerage rankings: