BCTEX ensures that 95% of its crypto is stored in “deep freeze” multisignature wallets protected by various encryption layers. BCTEX works with regulators in the markets in which it operates (Malaysian operations are regulated by the Securities Commission Malaysia) and supports progressive regulation of the cryptocurrency industry. BCTEX has implemented robust AML/CFT measures, which include a mandatory, tiered approach to KYC, registration with local financial intelligence authorities, and the reporting of suspicious activity and transactions..

There are many cryptocurrency exchanges and services available these days and it can be difficult to know which ones can be trusted and if they’re right for you. Therefore, in the following review, we delve deep into the aspects that make up this cryptocurrency exchange and see what sets BCTEX apart from the competition and whether or not they can be trusted..

Overall 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..

fixed taker/maker fee does not depend on the activity of the trader, the indicator is average for the market;.Cryptocurrency exchange.

3. Support for fiat payment methodsWhat documents do I need for opening an account with BCTEX?.

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