BTCC Review

BTCC Overview

BTCC is one of the longest-operating cryptocurrency exchanges, established in 2011. Founded by Bobby Lee, the company is currently led by CEO Mark Lee. Its headquarters are potentially located in London. BTCC serves a global user base, supporting users in over 100 countries, although it restricts access from several nations including Zimbabwe, Iran, Iraq, North Korea, Cuba, Syria, Pakistan, and Indonesia.

As of 2025, BTCC serves over 5 million users. BTCC does not have its own native token. A significant aspect of BTCC is its operation without mandatory Know Your Customer (KYC) requirements. The exchange shows substantial trading activity, particularly in derivatives, with a 24-hour futures volume of $12.34 billion and a spot volume of $300 million, totaling approximately $12.64 billion in daily volume.

Where BTCC Stands Out

BTCC carves out a specific niche in the cryptocurrency exchange market, primarily due to its long history since 2011 and its strong focus on high-leverage derivatives trading (up to 500x) without mandatory KYC. BTCC offers exceptionally high leverage, up to 500x on futures contracts, appealing significantly to traders seeking maximum capital efficiency for speculative positions. Its substantial futures trading volume ($12.34 billion daily) indicates deep liquidity in its derivatives markets.

The availability of copy trading allows users to replicate the strategies of successful traders.

Furthermore, BTCC extends its offerings beyond crypto, providing trading opportunities in tokenized Forex, Commodities, and Stocks.BTCC does not require KYC for basic operations, making it accessible for users prioritizing privacy and ease of use. However, its spot market offering is limited, with only 90 cryptocurrencies. Other drawbacks include the absence of direct fiat currency support for bank account withdrawals.

Lastly, BTCC stands out with its generous fee structure for futures trading. With a maximum taker fee of only 0.045%, BTCC is one of the cheapest crypto exchanges for futures trading.

BTCC Products, Features, & Services

BTCC provides a focused range of trading products, heavily centered around derivatives while also offering basic spot market access. The core services include Futures Trading, which is the platform’s main strength, offering high leverage of up to 500x on over 309 contracts covering cryptocurrencies, as well as commodities, stocks, and forex pairs. Spot Trading is available for direct purchase and sale of over 88 cryptocurrencies, although this is noted as a secondary focus for the platform.

A key feature is Copy Trading, enabling users to follow and automatically mirror the trades of designated lead traders. For risk management and strategy testing, BTCC offers a Demo Trading account, allowing users to practice with virtual funds. The platform also facilitates traditional asset exposure through Stock Trading, Commodity Trading, and Forex Trading, presumably via derivative instruments like CFDs or perpetual futures.

Deposits can be made using Cryptocurrencies, Bank Transfer, and Credit/Debit Cards, though card and bank transfers likely facilitate crypto purchases rather than direct fiat funding, given the lack of fiat withdrawal support. Withdrawals are exclusively processed via Cryptocurrencies. BTCC also runs an Affiliate Program, offering a 40% commission. Notably, services like Bot Trading, P2P Trading, Options Trading, and Staking are not offered.

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BTCC Pros & Cons

Signup & KYC

Registering an account with BTCC is a relatively simple process. A key characteristic of the platform is that it does not enforce mandatory Know Your Customer (KYC) verification for users to begin trading or make withdrawals within certain limits. This makes it attractive for users who prefer anonymity or cannot easily complete KYC procedures. BTCC offers a substantial trading bonus, indicated as up to $11,000, claimable by fulfilling specific deposit and trading volume requirements after signup.

While KYC is optional for basic usage, BTCC offers tiered withdrawal limits based on verification levels. Users who choose not to perform KYC face a daily withdrawal limit of $10,000. Completing Level 1 KYC increases this significantly to $100,000 per day. Further verification to Level 2 raises the daily limit to $1,000,000. Level 3 KYC does not offer an increase beyond the Level 2 limit.

Withdrawal Limits

BTCC Supported Assets

BTCC provides access to a mix of digital and traditional assets, primarily through its derivatives platform. For spot trading, the selection is relatively limited, featuring 88+ cryptocurrencies. The futures market is much more extensive, offering over 309 contracts. These contracts cover not only cryptocurrencies but also extend to traditional markets, enabling users to trade Stocks, Commodities, and Forex pairs alongside digital assets.

The platform does not utilize a native exchange token. The maximum leverage available for futures trading is exceptionally high at 500x. For spot trading, margin trading is not supported. BTCC also includes a Demo Trading mode for practice. However, Options Trading and Staking are not available services on the platform. BTCC’s strength lies in its broad range of futures contracts, including non-crypto assets, rather than a wide spot market selection.

BTCC Trading Options

BTCC offers a variety of trading methods, strongly emphasizing its derivatives products while providing basic spot functionality and unique features like copy trading.

Spot Trading

Spot trading involves buying and selling assets directly for immediate settlement. BTCC offers this for over 88 cryptocurrencies. The 24-hour spot volume is $300 million. The fees for spot trading are 0.10% for both makers and takers. While available, the platform itself is noted as not being recommended for users whose primary interest is spot trading, likely due to the limited asset selection compared to other exchanges and its stronger focus on futures.

Futures Trading

Futures trading allows users to speculate on the future price of an asset without owning it. This differs from spot trading, where you take direct ownership. Futures trading is BTCC’s core offering, featuring over 309 contracts with significant daily volume ($12.34 billion). A major draw is the maximum leverage of 500x, enabling traders to control large positions with relatively small margins, amplifying potential profits and losses. Futures trading fees are 0.020% for makers and 0.045% for takers. Notably, BTCC extends its futures/derivatives offerings beyond cryptocurrencies to include traditional markets:

• Stock Trading (via derivatives)
• Commodity Trading (via derivatives)
• Forex Trading (via derivatives)

This allows traders to access multiple asset classes from a single platform.

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Demo Trading

BTCC provides a demo trading account. This feature allows users to practice trading strategies across BTCC’s available markets using virtual funds, offering a risk-free environment for learning the platform and testing approaches before committing real capital.

Copy Trading

The platform supports copy trading. This feature enables users, particularly those less experienced or with limited time, to automatically replicate the trades executed by selected, more experienced traders on the platform. This allows users to potentially benefit from the expertise of others.

Bot Trading

BTCC does not offer integrated trading bots. Users looking for automated trading solutions like grid bots or DCA bots would need to use third-party software via API connections, if supported, or choose a different platform.

BTCC Trading Fees

BTCC utilizes a maker-taker fee structure for its trading services. This means fees differ depending on whether your order adds liquidity to the order book (maker order) or removes it (taker order). The fee rates vary between the spot and futures markets.

Spot Trading Fees

For spot market transactions, the fees are straightforward:

• Spot Maker Fee: 0.10%
• Spot Taker Fee: 0.10%

Both makers and takers pay the same percentage fee on the value of their spot trades.

Futures Trading Fees

In the futures market, where BTCC focuses heavily, the fee structure is different:

• Futures Maker Fee: 0.020%
• Futures Taker Fee: 0.045%

The maker fee is lower, incentivizing users to provide liquidity by placing limit orders. The taker fee is higher for orders that execute immediately against existing orders.

Here is a summary of the trading fees:

BTCC Deposits & Withdrawals

BTCC’s deposit and withdrawal system is centered around cryptocurrencies, as it does not offer direct support for fiat currency deposits or withdrawals onto the platform itself. However, you can buy cryptocurrencies diretly on the exchange.

BTCC Deposit Methods & Fees

Users can fund their BTCC accounts using the following methods:

• Cryptocurrencies
• Bank Transfer
• Credit Card
• Debit Card

While Bank Transfer and Card options are listed, given the lack of direct fiat support, these methods probably connect users to third-party services to buy cryptocurrencies, which are then deposited into the BTCC account. BTCC itself likely doesn’t charge fees for direct crypto deposits, but standard blockchain network fees will apply. Fees associated with card or bank transfer purchases would be determined by the third-party payment processor used.

BTCC Withdrawal Methods & Fees

Withdrawals from BTCC accounts are restricted exclusively to:

• Cryptocurrencies

Users cannot withdraw fiat currencies directly to their bank accounts. When withdrawing crypto, network transaction fees will apply. These fees vary based on the specific cryptocurrency being withdrawn and the current level of network congestion. BTCC does not set these fees; they are inherent to the blockchain transaction. Withdrawal amounts are subject to daily limits based on the user’s KYC verification level, ranging from $10,000 for unverified users up to $1,000,000 for Level 2 verified users.

BTCC Customer Support

BTCC offers customer assistance through standard communication channels. Users experiencing issues or having questions can reach out via:

• 24/7 Live chat
• Email support

The availability of 24/7 live chat ensures that users can potentially receive real-time help at any time. The customer support service received a rating of 8 out of 10, indicating a generally satisfactory level of service quality and responsiveness.

BTCC Security & Regulations

Security and regulation are important considerations when choosing an exchange. BTCC has a long operating history, dating back to 2011, which provides some level of established presence. Its safety index is rated as “High” as it has never been hacked or was involved in data breaches.

Exchange Security & Regulations

BTCC’s regulatory status appears less defined compared to exchanges licensed in major financial hubs. While potentially incorporated or having offices in London, specific financial regulatory licenses (like from the UK’s FCA) are not commonly cited. Its adherence to a no-KYC model for basic access also aligns with platforms operating under less stringent regulatory oversight in some areas. The exchange restricts users from numerous countries, possibly due to regulatory constraints or risk policies. Users should primarily rely on the platform’s operational history and stated security practices rather than formal regulatory licenses from top-tier jurisdictions.

Account Security

BTCC is expected to provide standard account security tools to help users protect their funds. Key measures typically include:

• Two-Factor Authentication (2FA): Users should enable 2FA via methods like Google Authenticator or SMS for logging in and confirming withdrawals.
• Secure Infrastructure: Maintaining secure servers and potentially using cold storage for the majority of user assets to protect against online hacks.
• Login and Withdrawal Monitoring: Systems to detect suspicious activities.

It remains crucial for users to utilize all available security settings, such as strong passwords and 2FA, to safeguard their own accounts effectively.

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Conclusion

BTCC stands as one of the oldest cryptocurrency exchanges, founded in 2011, with a clear focus on high-leverage derivatives trading. Its main appeals are the extremely high leverage of up to 500x on futures, the option to trade without mandatory KYC, and the inclusion of Forex, Commodity, and Stock derivatives alongside over 309 crypto futures contracts. The platform also offers copy trading and demo accounts. Futures trading fees are 0.02% for makers and 0.045% for takers.

However, BTCC is explicitly not recommended for users focused on spot trading, given its limited selection of 88+ spot assets and standard 0.10% spot fees. The lack of direct fiat withdrawal options is a significant limitation for users needing to cash out easily. While its longevity is notable, the ‘Moderate’ safety rating and lack of prominent regulatory licenses might be a concern for some. BTCC is best suited for experienced derivatives traders seeking very high leverage in a no-KYC environment and those interested in trading traditional market derivatives alongside crypto.

FAQ

Q: Is KYC required to use BTCC?
A: No, mandatory KYC is not required to open an account, trade, or withdraw up to $10,000 per day. Optional KYC verification unlocks higher withdrawal limits ($100,000 for Lv1, $1,000,000 for Lv2).

Q: What is the maximum leverage on BTCC?
A: BTCC offers very high maximum leverage of up to 500x on its futures contracts.

Q: Can I deposit or withdraw fiat currencies like USD or EUR on BTCC?
A: BTCC does not directly support fiat deposits or withdrawals. While you might use bank transfers or cards via third parties to purchase crypto for deposit, withdrawals are strictly limited to cryptocurrencies.

Q: What are the trading fees on BTCC?
A: Spot trading fees are 0.10% for both makers and takers. Futures trading fees are 0.020% for makers and 0.045% for takers.

Q: What assets can I trade on BTCC besides cryptocurrencies?
A: BTCC offers futures/derivative trading for Stocks, Commodities, and Forex pairs in addition to its wide range of cryptocurrency futures contracts.