BTSE

Overview of BTSE

BTSE, established in 2018, is a cryptocurrency exchange based in the United Arab Emirates. They feature a selection of more than 150 cryptocurrencies, such as Bitcoin, Ethereum, Tether, and Dogecoin. Impressively, their daily trading volume reaches a substantial $1.5 billion. When it comes to fees, general takers and users are both charged 0.20%.

Pros and cons

Security

BTSE implements various security measures to ensure the safety of its users' funds and personal information. These measures include:

• Two-factor authentication (2FA): BTSE enables users to activate 2FA for an added layer of security during login and account access.
• Secure wallets: User funds are stored in secure wallets that utilize advanced encryption protocols to safeguard against unauthorized access.
• SSL encryption: The platform uses SSL encryption to secure user communications and protect sensitive data transmitted between users and the exchange.
• Cold storage: A significant portion of BTSE's funds are kept in offline, cold storage wallets, which are not accessible through the internet and provide an additional layer of protection against hacking attempts.

Cryptocurrencies Available

As per the BTSE website, they offer trading for 150 cryptocurrencies, and this count can shift over time. Even though BTSE doesn't disclose how fast they add coins, they have a good record of regularly introducing new ones. In the last year alone, they added more than 50 new cryptocurrencies to their platform.

Here is the top 10 popular cryptocurrencies listed on the BTSE exchange:

How to open an account？

The registration process for BTSE is as follows:

1. Visit the BTSE website and click on the “Register” button.

2. Fill out the registration form with your personal information, including your name, email address, and password.

3. Verify your email address by clicking on the verification link sent to your inbox.

4. Complete the Know Your Customer (KYC) process by providing the required identification documents, such as a passport or driver's license.

5. Wait for the KYC verification to be completed, which usually takes a few business days.

6. Once your account has been verified, you can log in and start trading on the BTSE platform.

Deposit and Withdrawal

BTSE accepts deposit and withdrawal through fiat currencies, cryotocurrencies, The table below lists supported fiat currencies and their fees. Remember, non-USD fiat transactions might involve extra charges from banks, not BTSE. SWIFT deposits below $100 USD face a $3 fee. The highest SGD deposit is $200,000 SGD.

Compare with other exchanegs

Features
Trading Fees	0.2% for maker and taker ( general users)	Maker: 0.04%, Taker: 0.075%	Maker: 0.05% - 0.1%, Taker: 0.1% - 0.5%	Up to 0.40% maker fee and up to 0.60% for taker fee
Cryptocurrencies	150+	500+	11	200+
Regulation	Not regulated	Regulated by NMLS, MAS/FinCEN (Exceeded)	Regulated by FSA ( Japan), NMLS, CSSF, DFI, NYSDFS	Regulated by NMLS , FCA, NYSDFS, SEC (Exceeded), FINTRAC (Exceeded)