BTSE is a large cryptocurrency exchange. Buy and sell Bitcoin and 19 other coins through its exchange with low fees. You can also speculate on cryptocurrency prices through futures, and borrow up to 100 times your deposit. Earn interest on your wallet's BTC, ETH, USDT and USDC balances through fixed and flexible savings accounts. This will appeal if you are a long term investor.
- Easy to use interface.
- One of the cheapest platforms.
- Access cryptocurrency savings accounts.
- Fewer cryptocurrencies than on other exchanges.
Instant Buy Fees
Buy or sell 60 cryptocurrencies including Bitcoin and Ethereum with a Visa or Mastercard credit card.
This is the fastest way to buy crypto, but isn't the cheapest, as BTSE levies a 3.5% commission on credit card purchases. This figure, which includes all fees, is comparable to that levied by Binance and cheaper than Coinbase or Kraken.
|Platform fees||3.5%||Up to 3.5% or USD 10, whichever is higher.||0.3% + 0.75 in your currency.|
|Visa or Mastercard fees||NA||NA||Visa: 0.02% if you live in the EEA, UK or Gibraltar, and 0.40% otherwise. Mastercard: 0.04% if you live in the EEA, UK or Gibraltar, and 0.45% otherwise.|
|Digital wallet fees||NA||NA||1%|
|Bank fees (interchange fees)||NA||NA||Debit card: 0.20% if you live in the EEA, UK or Gibraltar, and 1.40% otherwise. Credit card: 0.30% if you live in the EEA, UK or Gibraltar, and 1.40% otherwise.|
Trade cryptocurrency on tight spreads, similar to that of Binance or Huobi.
BTSE spot trading fees
You can reduce these fees even further when you trade large volumes and hold its token. It's important to note that you will need to meet both criteria to unlock lower trading fees. Other exchanges, like Binance or FTX, offer volume discounts, without requiring you to hold their token.
BTSE futures trading fees
BTSE has two trading fee schedules for futures: one for regular users, like you and I, and another for market makers.
Margin Trading Fees
Use leverage up to 100x when you trade cryptocurrency futures on BTSE. No leverage is available in the spot market.
The funding rate determines whether you’ll pay or receive interest when you trade futures. When the funding rate is positive, traders with long positions pay those with short positions a premium. The opposite holds true when the funding rate becomes negative.
The funding rate tends to reflect overall market sentiment. It's positive when most traders expect prices to rise in the near future, and can stay elevated for days on end when the market is in an uptrend. Conversely, it's negative when traders turn bearish.
BTSE updates the funding rate every minute, and settles fees every hour. Of note, you’ll neither pay nor receive these fees if you open and close your position before they are settled. The funding rate is paid peer-to-peer between traders. BTSE charges no additional fees.