BTCC Exchange: A Pioneer in the Cryptocurrency Market
BTCC Exchange, formerly known as BTC China, is one of the oldest cryptocurrency exchanges. Established in 2011, BTCC has played a vital role in the development of the cryptocurrency market. In this article, we will examine its history, features, and significance in the cryptocurrency space.
History of BTCC Exchange
BTCC Exchange was founded in 2011 by Bobby Lee, who is a well-known figure in the cryptocurrency industry. Initially, it was launched as BTC China, and it quickly gained popularity as one of the largest Bitcoin exchanges in the world. However, in 2017, BTCC had to halt its operations in mainland China due to regulatory pressures. It rebranded and shifted its focus to the international market.
"BTCC was a trailblazer in the world of cryptocurrency, playing a major role in shaping the market in its early days."
Features of BTCC Exchange
BTCC Exchange boasts several features that make it stand out among cryptocurrency exchanges. These include:
- Longevity and Trust: Being one of the oldest cryptocurrency exchanges, BTCC has built a reputation for reliability and trustworthiness.
- Wide Range of Trading Pairs: BTCC offers an extensive range of cryptocurrency trading pairs, allowing users to have diverse trading options.
- Security: The security of user funds is a top priority for BTCC. It employs cold storage for the majority of funds, two-factor authentication, and encrypted data storage.
- Leveraged Trading: BTCC offers leveraged trading, which lets experienced traders amplify their trading positions.
- User-friendly Interface: The exchange has a sleek and intuitive user interface that caters to both beginners and experienced traders.
Trading Fees and Limits
BTCC operates a competitive fee structure that varies depending on the user's trading volume and the assets being traded. It has a maker-taker fee schedule which rewards market makers with lower fees.
30-Day Trading Volume (USD) | Maker Fees | Taker Fees |
---|---|---|
< $500,000 | 0.10% | 0.15% |
$500,000 - $2,000,000 | 0.08% | 0.13% |
> $2,000,000 | 0.06% | 0.11% |
BTCC Mobile App
BTCC also offers a mobile app, which allows users to trade cryptocurrencies on the go. The app is available on both Android and iOS platforms and includes the majority of the features available on the web platform.
Conclusion
As one of the pioneers of the cryptocurrency exchange market, BTCC Exchange has established itself as a reputable and trusted platform. With its history, range of features, and commitment to security, BTCC continues to be a formidable player in the evolving cryptocurrency landscape.