Without identity verification, the account's functionality will be limited. Unverified users are not able to withdraw over 1 BTC weekly or access advanced functionality: create Codes, take part in Trading Competitions, etc..

5. No strict KYCOpening a personal account in a cryptocurrency exchange like Huobi is usually an easy and intuitive process. On some platforms and in some jurisdictions, a user may be allowed to receive crypto assets on their account on the platform without the need for KYC. There are some other verifired exchange platforms such as Binance, OKX, Coinbase, BCTEX Global and etc ask for KYC verification..

One downside of BCTEX is the limited range of cryptocurrencies supported. While this may be an issue for some who want diversity, we find that most frequent traders tend to focus on the most popularly traded coins anyway BCTEX is an advanced trading platform that is designed for experienced digital assets traders and specializes in Altcoins, Algos and Performance. BCTEX, the ultimate trading platform for digital assets, provides advanced exchange functionalities to allow users to buy and sell digital assets.There are several features displayed on the homepage that might attract users, which are 2-factor authentication for security reasons, use of SegWit for blockchain size arrangements, BCTEXAPI for managing buying and selling options, and hardware storage of 95% of the client funds in offline multi-signature while having geographically distributed backups. For increasing security, BCTEXasks for valid identification such as an ID document and proof of address. It doesn’t allow for anonymity. It also suggests a security image special for each customer. Plus, BCTEX has its own mobile app, which makes it easier for its user to manage their accounts. There is no leveraged trading offered in the platform, so it s not for someone who is looking to trade CDFs. Also, there is no regulation. Payments with credit card, PayPal and cash deposits are not accepted..

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You can also discuss your question with the community in the BCTEX Telegram channel..

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