Post
Topic
Board Exchanges
Merits 2 from 1 user
Re: BTCC exchange, discussion, reviews, opinion
by
DavideBaldini
on 22/03/2024, 02:43:27 UTC
⭐ Merited by JeromeTash (2)
For the past several hours I evaluated whether BTCC could be a viable alternative to mainstream derivative exchanges. The more I looked into it, the more red flags I collected:

  • BTCC confiscates the entirety of your deposit if it amounts to less that $120:
    (the minimum deposit amount for BTC is 0.0021 =~ $120)

  • the withdrawal fee for BTC is also $120, documented in fee schedule
  • for all currencies, an additional 6% withdrawal fee is levied if your account has ever used the "buy crypto" function of the exchange (documented here)
  • the trading API reference documentation is hastily written like a careless high school assignment by someone with no comprehension of either English or JSON: