BTCEX Review
It is important to stay ahead of the competition in an industry that has millions of high-value customers. BTCEX has been a solid choice for thousands of retail traders from all across the globe for several years. It is a brand with a storied legacy and a stalwart reputation as a trustworthy trading platform. If you are looking for a good company to start your investment journey in the world of crypto trading, this particular exchange should be on your radar.
We decided to put together a list of advantages that make BTCEX a great destination for aggressive day traders and conservative long-term investors and fund managers looking for ways to diversify their portfolios.
Reason #1. BTCEX has robust security
It is highly important to keep personal information gathered from clients safe and unreachable to any bad actors. BTCEX has a website that uses SSL encryption and secure databases. Additionally, the backend is equipped with antimalware and antiviral applications that prevent any unauthorized access to data stored on servers.
Reason #2. BTCEX offers excellent customer support
When it comes to online services offered by companies that focus on exchange services, BTCEX stands out thanks to its strong customer support team. Specialists will help you with any issue related to the web platform or other elements of the financial infrastructure of BTCEX. Usually, employees of the support team take less than 5 minutes to answer any inquiry in the live chat.
Reason #3. The trading terminal is great!
The company has one of the best native terminals in the industry. It is a great application that will help you achieve consistent success if you have a solid strategy to rely on.
Here are some of the features that will help you be efficient in the FX market:
- Multiple indicators provide detailed information about the current market situation. MACD, Moving Averages, Bollinger Bands, Relative Strength Index, and other powerful analytical tools are included in the toolset of the native terminal.
- Features like one-click orders and templates as well as some other neat functionality unique to this platform will make trading convenient and simple.
- Graphical overlays like drawing of support and resistance lines on the price chart provide information vital for any analysis of price dynamics.
Reason #4. Banking methods are diverse and convenient
BTCEX offers a wide range of different payment methods to ensure that all clients can find something that will be both cheap and accessible. There are several methods that you should know of:
- Debit and credit cards are used by the vast majority of contemporary retail traders in the crypto trading industry. Payments are instantaneous.
- Bank transfers used to be the most frequently chosen option just a couple of years ago. This payment method is slow but reliable.
- Cryptocurrency payments are the most novel way to top up your balance. It can be quite complicated so talk to customer support before using this payment method.
- Online financial platforms like Payoneer and Skrill can be used by users living in countries where these platforms operate.
Reason #5. BTCEX provides a plethora of financial instruments
Having access to a wide variety of financial instruments is crucial for any modern FX trader. You need a rich selection of financial instruments to pick something that works perfectly with your strategy.
BTCEX allows its users to trade commodities (gold, silver, oil, agricultural products), currencies (including exotic pairings), cryptocurrencies (derivatives based on various crypto assets), and stocks and indices (CFD contracts). Whether you have an aggressive intraday strategy or a long-term investment plan, you will find a good destination for your capital.
Conclusion
These five reasons are enough to start considering this particular exchange. BTCEX is a highly reputable company that has a long history of success in the competitive environment which is the crypto trading market. This trading platform provides a wide array of investment opportunities to a large number of individual and institutionalized investors.
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