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 the
fee schedule It looks like Yobit and HitBTC have got a worthy competitor in terms of robbing users clean of their funds in form of withdrawal fees and minimum withdrawal limits
. This is crazy!