Our Verdict

🏛️ BTCC is a non-KYC crypto exchange established in 2011. It is one of the world’s longest-running platforms with a 14-year history.

🔐 No security breaches have been reported since launch.

🌍 Accepts users from over 190 countries, including the U.S. and most of Europe.

🪙 Offers 250+ spot tokens and 370+ futures markets.

⚖️ Offers up to 500x leverage available on selected futures markets (among the highest in the industry).

BTCC Pros and Cons

Is BTCC Right for You?

Traders have different needs: some prefer simple apps for quick trades, while others seek advanced tools like leverage or social trading. We classify traders into seven main groups and evaluate how well each exchange meets their specific requirements.

Our testing showed that BTCC is not suitable for Hodlers, Algorithmic Traders, DCA investors, or those using trading bots, as it lacks the necessary features to support a smooth experience. However, it may still appeal to other types of traders. Here’s our verdict:

Supported Countries and Regions

BTCC is one of the most accessible crypto exchanges. If you’re using the non-KYC version, you can basically trade from any country in the world. For verified users, BTCC accepts traders from over 190 countries and regions worldwide. Unlike many industry leaders that have geographic restrictions, BTCC welcomes users from major markets such as the United States, Europe, and Asia.

The platform only restricts users from Hong Kong, Mainland China, North Korea, the United Kingdom, Palestine, and Myanmar.

BTCC Bonuses and Special Offers

Welcome Offers & Sign-Up Bonus: BTCC is currently offering new users up to 10,055 USDT as part of a limited-time promotion. However, unlocking the full rewards requires you to register, deposit at least 2,000 USDT, and accumulate a futures trading volume of 60,000,000 USDT.

It’s worth noting that the headline offer may be a bit misleading, as the rewards are provided in the form of trading fee coupons or non-withdrawable trading funds rather than direct cash.

Bonuses & Promotions: BTCC frequently runs promotions for both new and existing users, with the platform currently running altcoin promotions, offering withdrawable prizes for completing tasks on X. The platform also offers rewards for completing tasks like adding bank cards and following the BTCC account on social media.

Referral Program: BTCC offers a competitive referral commission of up to 35% on trading fees paid by referred users. This is significantly more than platforms like BingX and Kraken, which offer just 20%. Additionally, users who sign up using a referral link will receive a 5% rebate on their own trading fees, adding further incentive to use someone’s referral link.

Join BTCC using our affiliate link and get up to 60% commission on trading fees.

BTCC Background

Establishment: Founded in 2011, BTCC emerged alongside Bitstamp and Kraken as one of the earliest cryptocurrency exchanges. In 2018, it was acquired by a Hong Kong-based investment fund, after which the company shifted its focus to international markets. Today, BTCC is headquartered in the Cayman Islands.

Leadership: BTCC is run by its co‑founder, Bobby Lee. He graduated in computer science from Stanford University and holds an MBA from the China Europe International Business School. As an entrepreneur in the cryptocurrency industry, he is now working on his second project, Ballet.

Security & Transparency

Proof of Reserves

BTCC does not provide any Proof of Reserves, so there’s no way to verify whether the exchange holds enough assets to cover user deposits. While BTCC claims to store assets on a 1:1 basis, this lack of transparency places it behind top exchanges and could be a dealbreaker for some users.

Account Security

BTCC’s account security is relatively basic compared to competitors. The platform supports two-factor authentication (2FA) via Google Authenticator, SMS, and email, but it lacks other standard features like biometric authentication and anti-phishing codes.

During my testing, I set up 2FA using Google Authenticator, which provided a basic level of security, but the lack of biometric authentication and anti-phishing codes was disappointing. The lack of biometric authentication also means BTCC is less secure and convenient compared to exchanges like Kraken and Binance which use biometric authentication to streamline login and transaction approval.

General Reliability

Deposit Insurance: BTCC does not offer insurance on user assets. While this is not a common feature among most crypto exchanges, having insurance can give users extra peace of mind in case of unexpected events.

Bug Bounty Program: BTCC does not currently run a bug bounty program, which puts the platform at higher risk of security breaches as users are not incentivized to report vulnerabilities. However, despite the lack of a bug bounty program, the exchange has maintained a perfect safety record without any security breaches.

Corporate Communication Structure and Transparency: BTCC could improve its transparency by publicly sharing information about its leadership team, which would help build greater trust with users.

The exchange maintains an active social media presence, with regularly updated profiles on X (Twitter), Instagram, Facebook, YouTube, Discord, and LinkedIn.

Verified Trust Scores

Many of the independent ranking platforms we rely on have not reviewed BTCC, with Cer.live, Certik, and CryptoCompare have yet to rate the exchange. The only platform to offer a ranking is CoinGecko, which gave BTCC a 3/10 rating after evaluating the liquidity, scale of operations, cybersecurity, proof of assets, and trading data.

Know Your Customer (KYC)

BTCC is one of the few exchanges that does not enforce mandatory KYC verification, allowing users to deposit and start trading without identity checks. However, non-KYC users face several limitations, including lower daily crypto withdrawal limits, no access to fiat services, and ineligibility for promotional campaigns and referral earnings.

BTCC offers three levels of KYC verification, each with different features and limitations:

• Unverified: No additional documents are required.
• Identity Verification: Requires a government-issued ID (passport, driver’s license, ID card, or residence permit). In my experience, my documents were approved instantly.
• Facial Verification: Requires taking a selfie, which was also approved instantly in my case.

While no-KYC exchanges appeal to privacy-focused users, I personally consider them slightly riskier than KYC-complaint exchanges as they are unable to verify the identity of all users. Many regulators are tightening KYC/AML (Anti-Money Laundering) regulations, meaning BTCC’s non-compliance could lead to potential sanctions that could affect the platform’s long-term stability.

Is BTCC Safe to Trade With?

In summary, our findings indicate that BTCC has a moderate level of trust and security. While the platform has maintained a long track record without any security breaches, it does lack some advanced security features that are becoming standard in the industry, such as biometric authentication and anti-phishing codes.

Another area for improvement is transparency around Proof of Reserves. While BTCC states that assets are held one-to-one, there is currently no way for users to independently verify this. The collapse of FTX proved that having a clear PoR can go a long way in building user confidence and ensuring trust.

Trading Experience

Trading Test

For our trading test, we thoroughly evaluated the BTCC platform. Our process included signing up, completing the KYC (Know Your Customer) verification, logging in, depositing funds, and making withdrawals. We also tested the trading functionalities by exploring different trading pairs and conversions and assessed the associated fees for transfers and withdrawals. This comprehensive test allows us to provide an informed and reliable review of the exchange’s usability, features, and actual costs. Here’s our detailed analysis:

Step 1: Setting Up and Funding Your Account

The registration process on BTCC is straightforward and simple. The exchange lets you start trading with just an email address or phone number. However, it also supports third-party sign-in using a Google account, Apple Account, or MetaMask wallet.

While BTCC does not require KYC for trading, users who want higher withdrawal limits or access to fiat services can choose to submit KYC documents. There are two verification levels:

• Identity Verification: Requires a government-issued ID document (passport, driver’s license, ID card, residence permit). In my experience, the documents were approved instantly.
• Facial Verification: Involves taking a selfie which was instantly approved for me.

Initiating a crypto deposit was quick and easy. I deposited Litecoin over the LTC network, with BTCC not charging any deposit or wallet creation fees. The mobile app states the minimum deposit amount is 200 USDT or equivalent, which I found to be misleading as I had no issues depositing amounts significantly less than 200 USDT. My ~$50 Litecoin deposit was confirmed in just 10 minutes, which is on par with Binance, who also require just 3 confirmations for LTC deposits.

Step 2: Trading

Trading on BTCC was fairly smooth and stress-free. Trading using the mobile app was intuitive and similar to platforms like Binance. I was able to place a limit order to sell LTC for USDT, with the order triggering just as the market price reached the order. However, I was charged 0.18 USDT in trading fees which is noticeably more than competing platforms.

Opening new spot positions was also straightforward. I was able to place a market order to buy LTC, which filled instantly. I also set a tight stop loss which was triggered soon after as prices trended down. I noticed that market prices on BTCC fluctuate a lot more than exchanges like Binance and Kraken, which could lead to more frequent stop-loss triggers as prices fluctuate greatly during periods of extra volatility.

Step 3: Withdrawal and Review

Withdrawing LTC over the Litecoin Network cost me 0.028 LTC in network fees, significantly more than Binance, which charges just 0.0001 LTC for the same transaction. Despite the higher fees, BTCC processed the withdrawal quickly, and the funds were sent to my wallet in just over 10 minutes.

Desktop Version

BTCC offers an advanced yet user-friendly desktop platform designed for both experienced traders and beginners. However, the lack of a Lite Mode may make it overwhelming for beginners unfamiliar with advanced trading features.

Trading Interface

The trading interface looks similar to most exchanges, so it’s easy to get used to if you’ve used other platforms before. I found it simple to navigate, with a top menu that lets you switch between trading modes and explore other features. The asset dropdown is also handy for quickly checking your balances.

The trading interface is focused around the price chart, with order book data and order forms to the right. However, unlike competing exchanges, BTCC does not offer a customizable layout, meaning traders can’t rearrange or resize modules to suit their preferences, which could be an inconvenience for some traders.

Desktop Market Search

The desktop search functionality is straightforward but somewhat limited. While futures traders can filter markets by categories like Hot, Meme, SOL Ecosystem, BTC Ecosystem, and AI, spot traders are restricted to a simple dropdown menu with no filters or discovery tools.

Trade Navigation

Placing trades on the desktop platform was straightforward. The TradingView integration provides useful charting tools and indicators, making it easy to analyze markets. Since the layout is similar to most exchanges, navigating and trading felt familiar.

Conditional Orders

BTCC falls short compared to its competitors in conditional orders. The exchange only supports limit orders, stop losses, and trigger orders, lacking advanced options like Time-In-Force (TIF), Trailing Stop, TWAP, or Iceberg Orders.

Personally, I found the limited range of conditional orders the most disappointing part of the desktop trading experience. Features like trailing stops could really benefit beginners, helping them lock in profits and reduce risk. Advanced traders may also find the lack of Time-In-Force and other complex order types limiting, especially since these are standard on many top-tier exchanges.

Derivatives Trading

BTCC’s strongest feature is its derivatives trading platform. It offers some of the highest leverage in the industry (up to 500x across multiple markets). With over $25 billion in daily futures trading volume, BTCC ranks alongside major players in terms of derivatives liquidity.

Another standout feature is that BTCC futures give you the opportunity to trade fiat currencies, indices, and tokenized stocks. This is a feature not offered by many platforms, with BingX being the only other major exchange to offer a similar feature. Current markets include:

• Fiat currencies: EUR, GBP, AUD, NZD
• Indices: Dow Jones, DAX, Nikkei, S&P 500, US Tech 100, FTSE 100
• Tokenized Stocks: AAPL, AMD, AMZN, COIN, GOOGL, META, MSFT, NVDA, etc.
• Commodities: Gold, Silver

During testing, my futures orders were executed instantly and filled completely, even for larger sizes. The platform ran smoothly and felt reliable. However, the limited range of conditional orders and fewer available markets were clear drawbacks. I often searched for trending tokens I usually trade elsewhere, only to find they weren’t listed on BTCC.

Copy Trading

BTCC offers a copy trading platform with over 600,000 active users, making it a strong option for beginners. Traders can be filtered by Total PnL, PnL %, Win Rate, Rising Stars, and Number of Copiers.

I found the platform easy to navigate, with clear charts and graphs that help beginners evaluate potential lead traders. However, many lead traders on BTCC manage relatively small amounts (under $50K), which is much lower than what you’d typically see on platforms like Binance.

My Key Takeaways After Testing BTCC Desktop

BTCC delivers a smooth and reliable desktop trading experience, especially for futures traders. It offers up to 500x leverage, strong liquidity, and an easy-to-use copy trading platform, making it a solid choice for experienced users and beginners looking to follow pros.

However, the platform lacks some advanced features like conditional order types, market discovery tools, and bot trading, which may limit options for more advanced strategies.

Mobile App

BTCC’s mobile app for iOS and Android is beginner-friendly and offers advanced trading features, though it lacks a dedicated Lite Mode. During my testing, the app performed smoothly, delivering a seamless trading experience.

Trading Features: The trading interface is similar to the desktop version, with nearly identical order forms. The only missing feature is TradingView integration. While BTCC offers its own mobile charts, it lacks many of TradingView’s advanced indicators and drawing tools.

Market Discover: BTCC’s market discover page follows a similar format to the desktop version, allowing users to filter futures markets by categories like Hot, Meme, SOL Ecosystem, BTC Ecosystem, and AI. However, for spot markets, discovery is far more limited, relying on a simple dropdown menu and a homepage display of top gainers and losers.

Watchlist Management & Price Alerts: The app includes an intuitive watchlist feature, letting users favorite spot and futures trading pairs for easy access. Users can also set custom price alerts, which send push notifications when a token reaches a specific price or moves by a certain percentage.

One standout feature I found beneficial was the app providing push notifications.

Portfolio Clarity: BTCC’s portfolio page provides a basic breakdown of assets across wallet, spot, and futures accounts. However, it lacks advanced features like line graphs for tracking account value over time and pie charts for visualizing asset allocation.

One standout feature is its MetaMask integration, which allows users to connect their wallet for quicker logins, deposits, and withdrawals. This makes BTCC a convenient option for buying crypto and withdrawing directly to MetaMask.

My Key Takeaways After Testing BTCC on Mobile

BTCC’s mobile app is a strong companion to its desktop platform, offering a smooth and beginner-friendly experience. I found the interface intuitive, with simple navigation and clear order forms that make it easy for new users. MetaMask integration streamlined the login and withdrawal process, while custom price alerts helped me stay on top of market movements.

However, there’s still room for improvement. The app lacks biometric authentication, which would enhance both security and convenience. Portfolio tracking is quite basic, with no graphs or visual breakdowns. Additionally, token discovery tools are limited, making it harder to explore new market opportunities.

Fees

BTCC Spot Maker/Taker Fees

In our review of spot fees, we examine spot fees across three distinct tiers. Our focus is on the fees for different trading volumes. We spotlight the basics and the possible savings through native tokens and other discount schemes. We developed this method to ensure a clear look at the fee structures and savings avenues for traders of all experiences. Additionally, we compare these fees to industry standards to show how each exchange ranks in terms of affordability.

The Maker-Taker fees structure offers lower trading fees for traders using limit orders over market orders.

However, BTCC does not offer volume-based fee discounts for spot trading, a standard feature on top-tier exchanges. While futures traders benefit from these discounts, spot traders pay the same rates regardless of trading volume.

Deposit Fees

BTCC offers the most cost-effective bank card purchases in the industry, with zero fees for Visa and Mastercard transactions. The exchange processes bank card transactions in-house while also integrating Moonpay for users who prefer to deposit from their Moonpay balance. However, the high minimum purchase amount of 200 USDT may be a drawback for some traders.

Withdrawal Fees

Unfortunately, BTCC currently lacks fiat withdrawal options, which could be a dealbreaker for users who frequently withdraw fiat. Although the platform does charge for crypto withdrawals, I found that its network fees were significantly higher, sometimes double what Binance charges, making withdrawals more expensive than expected.

Leverage and Futures Trading Fees

Futures Fees

BTCC’s base futures trading fees are extremely competitive, with maker and taker fees on par with industry leader Binance. I also found that BTCC’s fee structure rewarded lower-volume futures traders more than exchanges like Binance, with greater fee discounts available at lower trading volumes.

BTCC Futures Trading Fee Structure

Are BTCC Fees Competitive?

BTCC offers low futures trading fees (0.025% maker / 0.045% taker), making it attractive for derivatives traders. Spot fees are higher than on some top exchanges, and there are no volume discounts.

Fiat deposits via bank card are free, but the 200 USDT minimum may limit accessibility. Crypto deposits are free, though withdrawal network fees are relatively high.

Available Cryptocurrencies

BTCC Cryptos Available

Cryptocurrencies available on BTCC

• Major Tokens: BTC, ETH, BNB, SOL, XRP, etc.
• Small Cap Tokens: ONDO, JUP, ORDI, etc.
• Memecoins: WIF, TRUMP, PEPE, etc.

For an updated list of available cryptocurrencies, check the official website.

Deposits & Withdrawals

BTCC Deposit Options

Fiat On-Ramp Service: BTCC processes fiat transactions as one-click purchases, automatically converting all deposits into USDT. Unlike similar services on other platforms, it supports only five fiat currencies, which may be limiting for users in other regions.

Minimum and Maximum Limits: BTCC’s minimum fiat purchase amount is relatively high at $200 (or equivalent). Purchase limits are also lower than on many other platforms, as they’re restricted by card limits. For example, USD purchases are capped at 1,500 USDT, while EUR, KRW, and TWD have a 5,000 USDT limit.

BTCC Withdrawal Methods

One downside of BTCC is the lack of fiat withdrawal options. During my testing, I had to transfer funds to another exchange each time I wanted to cash out crypto. For users who need regular fiat withdrawals, I’d suggest considering platforms like Binance or Kraken, which support this feature directly.

BTCC Daily Withdrawal Limits

Daily withdrawal limits on BTCC depend on your KYC verification level.

• No-KYC users can withdraw up to 10,000 USDT per day.
• Verified users (ID only) can withdraw up to 100,000 USDT per day.
• Users who complete facial verification can withdraw up to 1,000,000 USDT daily.

These limits will be more than enough for most traders. However, if you need to make very large withdrawals, you may have to split them over several days.

Users can also upgrade to VIP status to increase their daily withdrawal limit. BTCC offers twelve VIP tiers: once you reach SVIP1, you’ll receive an extra 500,000 USDT added to your 24‑hour withdrawal allowance and a 20 % reduction in withdrawal fees. More information is available on the dedicated page.

Customer Service

BTCC Customer Service Test

To evaluate the quality of customer services for diverse user needs, we created a unique trading test. We personally contact support using all available methods and present hypothetical problems that users might face. Our evaluation concentrates on how quickly they respond, the quality of the help provided, and whether we can talk to a real person rather than a bot. This method effectively measures the capability of customer support to assist both active traders and casual investors.

During my testing, BTCC’s live chat support was responsive and helpful in answering basic exchange-related questions. The chat begins with a virtual assistant who can quickly connect you to a human agent upon request.

Once connected, I asked our standard set of questions covering security, platform reliability, and general exchange details. The support agent responded in about five minutes and provided detailed and relevant answers. However, when I sent the same questions via email, I received no response for over 48 hours.

My experience with BTCC’s customer support was generally positive, despite the poor email support. I was pleased with the quick connection to a support agent and the agent’s ability to provide direct responses to our questions. The live chat experience, combined with the helpful support center, made up for the disappointing email support.

FAQ