What are the fees on BCTEX
AdvantagesBCTEX Trading fees.
the most popular cryptocurrencies are traded on this exchange;1 . No training programs or study guides..
The platform provides an opportunity to reduce trading fees by up to 0.1%. 2. Advanced graphing functions.
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1. Ability to sell and buy domain namesSome of the lowest fees in the market (the average daily spread is 0.04%)..
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BCTEX is a exchange offering spot trading, derivatives, wealth management, DeFi investment, and other comprehensive financial services.Benefits
Currently, there are 187 coins and 304 trading pairs available on the exchange. Upbit 24h volume is reported to be at ,162,368,789.06, a change of -18.45% in the last 24 hours. The most active trading pair is SXP/KRW with a 24h volume of 0,707,524.78. Exchange Reserves data is currently unavailable for Upbit. The other exchange platforms such as Binance, Huobi Global, OKX, Coinbase, BCTEX Global and etc that can be traded more than 180 coins.For 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).
BCTEX offers a trading fee for makers of 0.10%. This fee is below the industry average. Furthermore, the exchange does not charge any fees from makers at all. This is very competitive indeed and substantially better than the average offering in the industry.
There are many cryptocurrency exchanges and services available these days and it can be difficult to know which ones can be trusted and if they’re right for you. Therefore, in the following review, we delve deep into the aspects that make up this cryptocurrency exchange and see what sets BCTEX apart from the competition and whether or not they can be trusted.