BTCC Review [2025] | Leveraged Crypto Futures and Copy Trading

BTCC, originally called BTC China, is one of the oldest cryptocurrency exchanges still operating today. Since its founding in 2011, it has evolved to become a globally accessible derivatives platform, offering leveraged crypto futures, copy trading, and much more. In this BTCC review, we’ll be taking a look at the platform’s origins, features, and overall user experience to give you both our verdict and a clear overview of the exchange’s strengths and weaknesses.

What is BTCC?

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Brief history of BTCC

First launched in June 2011, BTCC is one of the oldest cryptocurrency exchanges still operating today. It was co-founded by entrepreneur Bobby Lee.

The platform was originally geared toward the Asian market, as can be deduced from its initial branding. Since then, BTCC has grown into a global crypto platform serving over 7 million users in more than 100 countries.

Originally focused on spot trading, BTCC has also reinvented itself as a derivatives-oriented platform. Namely, the exchange now offers up to 500x leverage, copy trading, and a VIP program tailored for high-volume professionals. 

BTCC is currently developing new features inspired by user feedback and broader market trends. For instance, since artificial intelligence (AI) is seen as a key driver of future value, BTCC has started incorporating AI into its push notification system and operational backend. 

Crypto loans, yield products, and strategy-based trading tools are also on the table, although Dan Liu, BTCC CEO, has stated that each new initiative must first go through a rigorous vetting process before it can be implemented.

BTCC tl;dr

• Established in 2011; one of the longest-running crypto platforms;

• No security breaches since launch;

• Available in over 100 countries;
• Futures, spot, and copy trading;

• Institutional trading services;

• Offers up to 500x leverage.

BTCC products and services

BTCC offers a variety of products and services, most notably:

1. Derivatives trading;
2. Spot trading;
3. Copy trading;
4. Demo trading;
5. Mobile app.

Let’s take a look at each of them in more detail.

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1. Derivatives trading

BTCC’s most developed feature is its derivatives trading platform, offering up to 500x leverage across various markets, some of the highest in the industry. The platform also has a diverse range of futures products in addition to crypto, namely fiat currencies, global indices, tokenized stocks, and commodities such as gold and silver. 

Users can choose between isolated and cross-margin modes, depending on whether they want to limit losses on individual trades or draw from their entire account balance. The platform also allows for customizable collateral, and trading is supported with both USDT-margined and coin-margined contracts.

In addition to managing volatility, BTCC includes different order types such as limit, stop-loss, and take-profit, which are crucial for protecting positions from rapid market shifts. The exchange also integrates collateral monitoring tools to reduce liquidation risk and maintain minimal slippage. 

The trading dashboard is accessible via desktop and mobile (see below).

2. Spot trading

Spot trading is a type of trading where the buyer receives the asset right after the trade is executed. In crypto, most direct asset purchases are considered spot trades. BTCC’s spot trading dashboard features time trading data, order book details, buy/sell functions, and other tools. 

On BTCC’s swap trading platform, users can trade and convert over 200 spot pairs, as well as execute limit, stop-loss, and trigger orders. 

3. Copy trading

Copy trading is a beginner-friendly feature that lets users mimic the trading strategies of a more experienced trader. BTCC’s copy trading platform has over 600,000 active users you can filter from based on total profits and losses (PnL), win rates, number of followers, etc. 

There are two copy trading modes on BTCC. The Fixed Margin mode, for example, allows users to allocate a set amount of Tether (USDT) for each copied trade, which is ideal for beginners and small-scale investors. For example, a user could assign $50 per trade with a maximum cap of $200, allowing a maximum of four active copied trades at any given time. 

The Proportional Margin mode, on the other hand, links the size of the copied position to the lead trader’s trade size. Users define a ratio, say 0.1x, so if a lead trader opens a $10,000 position, the copied trade would be $1,000. 

Many of the copy trading parameters are also customizable. For instance, in the Fixed Margin mode, a fixed dollar amount must be set per trade. In contrast, in the Proportional Margin mode, a copy ratio must be specified. 

Additionally, BTCC gives users the option to copy ongoing positions from a trader. When this setting is enabled, the system will replicate the lead trader’s current positions at the market price. However, the system will cancel the copy order if the price deviates more than 3% between the trader’s entry and the user’s market price.

4. Demo trading

A demo trading account lets new users explore and practice using the platform in a simulated trading environment before committing real funds. These accounts are common on trading platforms, and so BTCC offers them as well.

On BTCC, users can now top up virtual funds on their own (up to 500,000 USDT per week) without needing approval, which gives new users a lot of flexibility to practice and develop trading strategies.

Moreover, traders can also complete demo tasks to earn live trading fund rewards that can be used to open real trading positions. 

5. Mobile app

The BTCC mobile app (Android, iOS) lets users manage their portfolios, trade, explore futures markets, and so on. With the BTCC Wallet, you can also trade, invest, or transfer funds between other major exchanges and third-party wallets like Binance, Coinbase, MetaMask, or Trust Wallet.

Getting started with the app is quite simple, as you can register a new wallet or sync your existing BTCC account for instant access to your funds, trading history, and personalized market data. 

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Is BTCC safe?

In its fourteen years on the market, BTCC has never suffered a security breach. It also adheres to international financial standards to ensure transparency and trust, being licensed by the Financial Crimes Enforcement Network (FinCEN) in the U.S. and the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) in Canada. 

Moreover, BTCC maintains a 1:1 ratio for all user assets and publishes a Merkle tree verification of platform reserves as well as user asset proof reports to give traders insight into asset backing and solvency. However, there appear to be no publicly available assessments on platforms such as CertiK and other leading blockchain and Web3 protocol assessment platforms. 

As far as account security goes, BTCC offers standard two-factor authentication (2FA) via Google Authenticator, SMS, and email. However, biometric verification, such as fingerprint recognition or face recognition, is not available. 

Nonetheless, users can enable withdrawal whitelisting, allowing transactions to pre-approved wallet addresses only. All platform activity, including trades and transfers, is also protected by advanced encryption protocols, ensuring that sensitive data remains secure.

The majority of user funds are stored in secure cold wallets, protected by multi-signature technology, and kept offline to mitigate risks from online threats. 

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KYC policies

BTCC does not require mandatory Know Your Customer (KYC) verification. That is, users can start exploring some features of the platform without any identity checks, although they can choose to verify their identity later on. Verified users enjoy some benefits compared to their unverified peers, such as:

• No fiat deposit limits;
• Greater crypto withdrawal limits;
• Rebates;
• Promotional campaigns.

There are thus three levels of user verification on BTCC:

• Unverified: No ID needed; limited features;
• ID Verified: ID-verified users have to submit a document such as a passport, driver’s license, or national ID;
• Facial Verification: For the final level of verification, which unlocks the most benefits, users must submit a selfie.

Risk reserve fund

BTCC has a risk reserve fund designed to cover losses from user bankruptcies (negative account balances) and compensate them for their losses in case of a system malfunction, breach, or other similar problems.

The platform initially seeded the fund with 1 million USDT, but 5% of BTCC’s platform fee revenue is now continuously allocated to the reserve.

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Ultimately, BTCC is a platform with solid fundamentals and ID verification tiers that cater to privacy-oriented users. 

BTCC fees

BTCC does not charge any fees for cryptocurrency deposits. However, each asset has a minimum deposit amount. Deposits below the minimum threshold cannot be credited and will be permanently lost.

BTCC also does not charge any funding fees directly. Instead, these fees are exchanged between traders on opposite sides of a position (long vs. short), as is usually the case when trading futures. Funding fees are applied automatically every 8 hours at 01:00, 09:00, and 17:00 (UTC), usually directly from the user’s futures account balance (when applicable).

The funding fee is calculated with the following formula: Funding Fee = Funding Rate × Position Value.

A fixed withdrawal fee applies to each crypto withdrawal. This fee covers network transaction costs and is determined by the respective blockchain network (mainnet). Withdrawal fees for each cryptocurrency are listed on BTCC’s official fee page.

BTCC fees for futures and perpetual contracts trading can thus be summarised as follows:

• Maker fee: 0.06%
• Taker fee: 0.06%
• Deposit fees: None
• Withdrawal fees: Vary by cryptocurrency.

Why do users choose BTCC?

BTCC appeals to a wide range of crypto traders thanks to its robust perpetual futures trading platform that allows users to trade zero-expiry contracts with high leverage.

Advanced traders on the platform can benefit from tools such as stop-loss orders, margin trading, and analytics, while newcomers can explore demo accounts and copy trading functionalities to optimize their strategies and gain experience in a safer trading environment.

Another key advantage is BTCC’s tiered verification system with optional KYC. That is, users can start trading and depositing funds without submitting personal documents, making the platform attractive to privacy-conscious individuals. At the same time, those who choose to complete identity verification unlock additional benefits such as higher withdrawal limits and access to promotional campaigns.

How to get started with BTCC

To get started with BTCC, you need to register an account. The process is simple and requires only a few steps:

Step 1

First, head over to the BTCC homepage and click on the Register button in the upper right corner (as shown below):

Step 2

Next, you will have to provide your email address, come up with a password, and then click on the Register now button. Alternatively, you can sign in using your Google or Apple account, or simply by connecting with your Metamask wallet. If you have it, you can also add a referral code. For the purposes of this review, we’ll use our email address.

Step 3

Once you’ve provided your email address and come up with a password, you will see a new window asking you to type in a code you received in your email (as seen below):

To proceed, simply type in or paste the code. The website will automatically register it and allow you to proceed. 

Step 4

Once you’ve typed in the code, you will have to confirm your country of residence. The website will usually pre-select the country based on your IP address, but if it doesn’t, you can simply choose it manually from a drop-down menu:

Step 5

Once you’ve selected your country and region of residence, you will be ready to start trading. The website will transfer you back to the homepage, where you can select your preferred trading option from the dashboard at the top (Futures, Copy, Spot, etc.)

BTCC offers optional identity verification, which unlocks some benefits, such as greater withdrawal limits. If you wish to verify, click on the Verify now button in the upper left corner (as seen below). If not, you start exploring the platform.

BTCC pros and cons

BTCC’s community and support channels

Most key information about BTCC and its trading offerings is available on the company’s official website and social media channels:

• Website: Visit the official BTCC website to register, trade, and explore other features the platform has to offer; 

• Customer support: The BTCC customer support center features FAQs regarding all of the most pressing questions you might have about trading or the platform itself;

• Contact email: If you have any direct questions, you can contact BTCC customer support via email.

BTCC social media platforms:

• Instagram: Follow BTCC on Instagram and get notified about the most recent news and developments on the platform;

• Discord: Join the official BTCC Discord server to connect with other traders and discuss your trading strategies;

• Facebook: Find additional updates on the exchange’s official Facebook page;

• X (Twitter): Follow BTCC on X to get the most recent news and discover potential giveaways and other events;

• LinkedIn: Connect with BTCC on LinkedIn and find like-minded people to network with;

• YouTube: Subscribe to BTCC’s YouTube channel for updates, news, and discussions in video format.

Conclusion

BTCC stands out as one of the oldest platforms in the crypto trading space, with a legacy dating back to 2011. Over the years, it has managed to adapt to evolving market trends, shifting from a regional Asian exchange to a global derivatives platform with a wide array of features, including high-leverage futures and copy trading now available to users from over 100 countries. 

In addition to an intuitive mobile app, high-leverage trading, and an ever-growing assortment of trading pairs, the platform also offers demo account features and a tiered verification system that caters both to privacy-oriented users and those interested in a more traditional experience ensured by KYC requirements. 

However, while its track record on security and accessibility is impressive, given that the platform has never been hacked in its fourteen years on the market, some users might be deterred by a lack of publicly available scores on platforms like CertiK. It bears mentioning, though, that the new platform CEO has stated that BTCC is working on upping its game in this regard. 

Risk Disclosure and Disclaimer: The information provided in this review should not be regarded as an explicit endorsement of any of the mentioned services, and Finbold is responsible for neither good nor bad experiences when using the platform.

FAQs about BTCC

What is BTCC?

BTCC is a cryptocurrency exchange focusing on leveraged crypto futures, spot trading, and copy trading.

Does BTCC require KYC?

No, KYC is not required on KYC. Users who wish to verify their IDs, however, can choose to go through with it by submitting a valid ID document and uploading a selfie for verification. Verified users also enjoy some benefits not available to those who are unverified, such as larger withdrawal limits.

Is BTCC available in the U.S.?

Yes, BTCC is available in the U.S.

Is BTCC available in Canada?

Yes, BTCC is available in Canada.

Has BTCC ever been hacked?

No, since its founding in 2011, BTCC has never been hacked.

What leverage does BTCC offer?

BTCC offers leverage of up to x500 on some trading pairs.

Is BTCC exchange licensed?

Yes, BTCC is licensed by the Financial Crimes Enforcement Network (FinCEN) in the U.S. and the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) in Canada.