BTSE-1234402116229

⭐Features	Details
⭐Exchange Name	BTSE
⭐Founded in	2018
⭐Registered in	United Arab Emirates
⭐Cryoptocurrencies	150
⭐Trading Fees	0.20% for general takers and makers
⭐24-hour trading volume	$1.5 billion
⭐Customer Support	Social Media

Overview of BTSE

BTSE, established in 2018, is a

cryptocurrency

exchange based in the United Arab Emirates. They feature a selection of more than 150 cryptocurrencies, such as Bitcoin, Ethereum, Tether, and Dogecoin. Impressively, their daily trading volume reaches a substantial $1.5 billion. When it comes to fees, general takers and users are both charged 0.20%.

Pros and cons

BTSE excles in these areas:

• A wide variety of options with over 150 different coins available for selection.

• BTSE provides a structured fee system with tiers catering to varying trading preferences.

• You can conveniently use fiat currency for both deposit and withdrawal transactions.

• Experience great fluidity in trading due to the exchange's strong liquidity support.

BTSE lacks these areas:

• Operating without regulation, warranting caution in its credibility and user protection measures.

• Constrained trading features, offering fewer options compared to its competitors.

• Unfortunately, BTSE falls short in providing various contact methods, limiting user communication options.

• Users seeking coin staking opportunities won't find them on the BTSE platform.

Pros	Cons
Over 150 coins to pick from	Not a regulated exchange
Tiered fee structure offered	Limited trading features
Fiat currency supported for deposit and withdrawal	Lacking contact info
High liquidity	No coin staking available

Regulation

BTSE has been verified that it is not a regulated exchange, which means user funds might not have that protective umbrella.

Security

BTSE implements various security measures to ensure the safety of its users' funds and personal information. These measures include:

• Two-factor authentication (2FA): BTSE enables users to activate 2FA for an added layer of security during login and account access.

• Secure wallets: User funds are stored in secure wallets that utilize advanced encryption protocols to safeguard against unauthorized access.

• SSL encryption: The platform uses SSL encryption to secure user communications and protect sensitive data transmitted between users and the exchange.

• Cold storage: A significant portion of BTSE's funds are kept in offline, cold storage wallets, which are not accessible through the internet and provide an additional layer of protection against hacking attempts.

Cryptocurrencies Available

As per the BTSE website, they offer trading for 150 cryptocurrencies, and this count can shift over time. Even though BTSE doesn't disclose how fast they add coins, they have a good record of regularly introducing new ones. In the last year alone, they added more than 50 new cryptocurrencies to their platform.

Here is the top 10 popular cryptocurrencies listed on the BTSE exchange:

You can check the full list of cryptocurrency available on the right here: https://www.btse.com/en/markets.

How to open an account？

The registration process for BTSE is as follows:

1. Visit the BTSE website and click on the “Register” button.

2. Fill out the registration form with your personal information, including your name, email address, and password.

3. Verify your email address by clicking on the verification link sent to your inbox.

4. Complete the Know Your Customer (KYC) process by providing the required identification documents, such as a passport or driver's license.

5. Wait for the KYC verification to be completed, which usually takes a few business days.

6. Once your account has been verified, you can log in and start trading on the BTSE platform.

Trading Fees

BTSE's trading fees vary based on VIP levels, determined by your trading volume over a 30-day period, updated daily at 00:00 (UTC), and balance. General users start at 0.20% maker and taker fees. As you move up the VIP ranks, fees decrease – VIP 1 enjoys 0.19% fees, with $100,000 trading or $500,000 futures and a balance of 100. Each VIP level has lower fees and higher requirements. VIP 10 has the lowest fees at 0.02% maker and 0.06% taker, needing $2 billion trading or $5 billion futures and a 30,000 balance.

VIP Level	Maker	Taker	30 days Spot trading volume (USD)	or/and	30 days Futures trading volume (USD)	or/and	BTSE Balance
General User	0.20%	0.20%	0	or	0	or	0
VIP 1	0.19%	0.19%	100,000	or	500,000	and	100
VIP 2	0.16%	0.17%	250,000	or	1,000,000	and	500
VIP 3	0.09%	0.13%	1,000,000	or	25,000,000	and	1,000
VIP 4	0.08%	0.12%	5,000,000	or	50,000,000	and	2,000
VIP 5	0.07%	0.11%	12,500,000	or	100,000,000	and	3,000
VIP 6	0.06%	0.10%	50,000,000	or	250,000,000	and	5,000
VIP 7	0.05%	0.09%	200,000,000	or	1,000,000,000	and	8,000
VIP 8	0.04%	0.08%	500,000,000	or	1,250,000,000	and	12,000
VIP 9	0.03%	0.07%	1,000,000,000	or	2,500,000,000	and	20,000
VIP 10	0.02%	0.06%	2,000,000,000	or	5,000,000,000	and	30,000

*Trading volume is measured in BTC. If you trade in other cryptocurrencies, their volume is converted to BTC using the current exchange rate.

Deposit and Withdrawal

BTSE accepts deposit and withdrawal through fiat currencies, cryotocurrencies, The table below lists supported fiat currencies and their fees. Remember, non-USD fiat transactions might involve extra charges from banks, not BTSE. SWIFT deposits below $100 USD face a $3 fee. The highest SGD deposit is $200,000 SGD.

Channel	Currency	Min.Withdrawal	WithdrawalFee	Min.Deposit	DepositFee
SWIFT	USD	$100 USD or equivalent	0.1% (min charge: 50 USD)	None	Free
	EUR	$100 USD or equivalent	0.1% (min charge: 25 USD)	None	0.05%
	GBP	$100 USD or equivalent	0.1% (min charge: 25 USD)	None	0.05%
	HKD	$100 USD or equivalent	0.1% (min charge: 25 USD)	None	0.05%
	JPY	$100 USD or equivalent	0.1% (min charge: 25 USD)	None	0.05%
	AUD	$100 USD or equivalent	0.1% (min charge: 25 USD)	None	0.05%
	AED	$100 USD or equivalent	0.1% (min charge: 25 USD)	None	0.50%
	SGD	$100 USD or equivalent	0.1% (min charge: 25 USD)	None	0.05%
SEPA	EUR	$100 USD or equivalent	0.1% (min charge: 3 EUR)	None	Free
FPS	GBP	$100 USD or equivalent	0.1% (min charge: 2.5 GBP)	None	Free

Customer Support

BTSE has a FAQs section for quick answers. But for contact, it's only available on social media: Twitter, Facebook, Linkedin, Youtube, etc.

Is BTSE a Good Exchange for You？

BTSE may be a good exchange for types in the following types:

• Traders who are experienced in crypto trading at a large trading volume.

• Traders who want to explore a large selection of crypro trading.

• Traders who prioritize security measures over the exchange's lack of regulation concerns.

Compare with other exchanegs

Features
Trading Fees	0.2% for maker and taker ( general users)	Maker: 0.04%, Taker: 0.075%	Maker: 0.05% - 0.1%, Taker: 0.1% - 0.5%	Up to 0.40% maker fee and up to 0.60% for taker fee
Cryptocurrencies	150+	500+	11	200+
Regulation	Not regulated	Regulated by NMLS, MAS/FinCEN (Exceeded)	Regulated by FSA ( Japan), NMLS, CSSF, DFI, NYSDFS	Regulated by NMLS , FCA, NYSDFS, SEC (Exceeded), FINTRAC (Exceeded)

Conclusion

BTSE offers over 150 coin choices, tiered fees, and fiat support, ensuring smooth trading. It's highly liquid. However, it lacks regulation, some trading features, and diverse contact options. Also, coin staking is unavailable. Then, your turn has come to decide if this exchange serves your purposes.

FAQs

Q: Is BTSE a safe exchange？

A: BTSE is a relatively new exchange, but it has taken steps to ensure the safety of user funds. The exchange uses a variety of security measures, such as cold storage, 2FA, and KYC/AML verification. However, this exchange is not regulated by any regulatory authority.

Q: What is AstroPay？

A: AstroPay is a payment option BTSE customers can choose if they wish to pay for their cryptocurrencies on BTSE using USD.

Q: What cryptocurrencies are listed on BTSE？

A: BTSE currently lists over 150 cryptocurrencies, including Bitcoin, Ethereum, Tether, and Dogecoin. The exchange is constantly adding new cryptocurrencies to its platform.

Q:Is BTSE available in the United States？

A: No, BTSE is not available in the United States.

Q: What are supported fiat currencies on the BTSE exchange？

A: BTSE's platform allows for transactions in several fiat currencies. See the following table:

User Review

User 1: I've been using BTSE for a while now and I must say, their security measures are impressive. They have 2FA, secure wallets, and even cold storage for added protection. It gives me peace of mind knowing that my funds and personal information are well-secured. The interface is user-friendly and easy to navigate, making it convenient for me to trade. The range of cryptocurrencies available is also a big plus, as I can explore different options. However, I do wish their customer support was more responsive, as it took a bit longer to get a response to my inquiries.

User 2: BTSE is a reliable exchange with a solid interface that makes trading a breeze. I appreciate that they conduct regular security audits to ensure the safety of user funds. Their customer support team is quite helpful and knowledgeable, providing quick and efficient assistance. The trading fees are reasonable compared to other exchanges, which is definitely a plus for frequent traders like myself. The deposit and withdrawal speed is also good, with transactions being processed in a timely manner. Overall, I'm satisfied with BTSE's services and would recommend it to others.

Risk Warning

Cryptocurrency exchange

investments come with inherent security risks. It is important to be aware of these risks before engaging in such investments.

Cryptocurrency exchanges

are susceptible to hacking, fraud, and technical glitches, which can result in the loss of funds. It is recommended to choose reputable and regulated exchanges, stay updated on security measures, and be vigilant in detecting and reporting any suspicious activities. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.