BTCC, the bitcoin exchange, recently launched a new BTC/USD exchange that was designed in collaboration with leading bitcoin traders. The new exchange features competitive rates and a multi-tier referral program in which customers can get up to 33 percent of referees’ trading fees in order to maximize passive income.
Chief executive officer of BTCC, Bobby Lee said: “Simply put, BTCC USD Exchange is the most accessible bitcoin exchange ever. We consolidated, crystallized, and applied customer feedback from our five years of operation to create the ideal exchange — one that is easy to use and access, with an intuitive interface that creates an effortless trading experience.”
The new exchange is geared for dedicated traders, with FIX APIs and a fast trading engine. Notably, instead of reducing fees for liquidity providers as some bitcoin exchanges do, BTCC USD Exchange’s maker-taker model pays makers — customers who place limit orders that add to the bid or ask in the order book — 0.05 percent of the order’s value. The BTCC USD Exchange pays traders for adding liquidity to the order book.
Samson Mow, BTCC’s chief operating officer, remarked: “We spent a lot time working closely with the trading community to create a high-performance platform that provides excellent service for retail and professional traders alike. Also, one of our major focuses in developing the exchange was ensuring that we offer customers convenient funding options, including credit cards and more.”
BTCC’s chief technology officer, Mikael Wang added: “We have a lot of things planned for this exchange like additional order types, trading pairs, and more. We are also working with Blockstream to test and deploy the Liquid sidechain, which will allow traders to move funds between BTCC and other participating exchanges instantly.”