Without identity verification, the account's functionality will be limited. Unverified users are not able to withdraw over 1 BTC weekly or access advanced functionality: create Codes, take part in Trading Competitions, etc.BCTEX is a centralized exchange based in Singapore which started in 2022. BCTEX is reportedly the only exchange in Singapore that has been granted access to the national identity database called MyInfo. BCTEX’s goal is to be a fully regulated licensed exchange in Singapore and Colorado, US..

BCTEX Exchange Trading View.

Features of BCTEX Cryptocurrency Exchange⚖️ Leverage: 1:1.

.4. leverage for margin and futures trading;.

We don’t know if BCTEX is 100% reliable as it does not provide a good description of security measures that have been adapted to protect traders’ funds lodged in the exchange. The homepage says that “is our primary concern, risk management, and different internal control measures” but there aren’t actually more details there. The only pointer to the usage of some form of security is the 2-factor authentication (2FA) feature which can be deployed to protect the deposit and withdrawal process..

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