What happened to BTCEX?
Note: BTCEX announced it is closing on June 21, 2023. All of their operations were shut down amidst accusations of fraud. You might want to look at some of best alternatives to BTCEX Exchange. If you were a BTCEX user, and still need to withdrawal tokens or assets, contact them at support@btcex.com. We are not affiliate with BTCEX and cannot help facilitate contact with BTCEX.
BTCEX Review
Key takeaways from this BTCEX review:
- Unfortunately, BTCEX is closing its operations. They announced this on June 21, 2023. They were accused of fraud by their users.
- It had one of the lowest trading fees in the crypto industry.
- BTCEX had a good reputation of security and never got hacked.
BTCEX Pros & Cons
What is BTCEX?
BTCEX was a cryptocurrency platform that offered users a secure and easy-to-use way to buy, sell, and store digital assets. It provided access to a wide range of digital assets, including Bitcoin, Ethereum, Litecoin, and other altcoins. BTCEX closed operations on June 21st, 2023. Check out BTCEX alternatives here.
BTCEX Products & Features
Here is an overview of some of their most popular features:
1. Security: BTCEX offers a secure trading environment with advanced security protocols and a secure wallet system. They also offer two-factor authentication to protect user accounts.
2. Trading: BTCEX offers a wide range of trading options, including spot trading, margin trading, and futures trading. They also offer a variety of order types, such as limit orders, market orders, and stop-limit orders.
3. Liquidity: BTCEX has a high level of liquidity, allowing users to easily buy and sell cryptocurrencies.
4. Support: BTCEX provides 24/7 customer support, with a knowledgeable team of experts who are always available to answer questions and provide assistance.
5. Mobile App: BTCEX offers a mobile app that allows users to access their accounts and trade on the go. The app is available for both iOS and Android devices.
6. Education: BTCEX provides educational resources to help users learn more about cryptocurrencies and trading. They offer tutorials, webinars, and other resources to help users become more knowledgeable about the crypto space.
BTCEX Customer Support
BTCEX has limited customer support and many users have complained about getting late answers to their questions.
Is BTCEX Available to US-Investors?
Yes, BTCEX was available to US-investors. The exchange is also available to customers in selected countries in the European Economic Area (EEA) and Switzerland. Customers from other countries are not allowed to use the platform.
BTCEX Trading Fees
When it comes to trading fees, BTCEX offers competitive rates. All trades are subject to a 0.1% fee, regardless of whether they are maker or taker trades. Additionally, BTCEX does not charge any withdrawal fees.
Overall, BTCEX offers competitive trading fees that make it an attractive option for traders. BTCEX has no withdrawal fees for orders under $10,000. For orders above $10,000, BTCEX charges a withdrawal fee of 0.00025 BTC. It is a great option for those looking to trade digital assets.
BTCEX Alternatives
If you're looking for an alternative to BTCEX, there are a few great crypto exchanges to consider.
Here are three of the best options:
- Binance: Binance is one of the most popular crypto exchanges, offering a wide range of options for traders. It has a user-friendly interface, low fees, and a wide selection of coins. It also has an advanced trading platform, allowing users to take advantage of margin trading and other advanced features.
- Kraken: Kraken is a great alternative to BTCEX. It has a great selection of coins, low fees, and a clean and easy-to-use interface. It also offers margin trading and advanced order types, making it a great choice for experienced traders.
- Bitfinex: Bitfinex has a wide selection of coins, low fees, and a user-friendly interface. It also offers advanced features such as margin trading and advanced order types, making it a great choice for experienced traders.
How to Sign Up on BTCEX?
BTCEX is currently defunct and closed as of June 21st, 2023.
