BTSE Review

BTSE Review

Robert McDougall 

January 8, 2024

Cryptocurrency

What is BTSE?

BTSE is a digital currency exchange built on the foundation of sound and immutable money. The exchange aims to connect today’s financial world with the technology and innovation of the web 3.0 industry and make everything readily accessible for the common people. To achieve this goal, BTSE is enhancing their security and efficiency to help you enhance your trading, buying, and investing experience. 

Founded in 2018, BTSE is based in the British Virgin Islands. It offers a simple yet powerful trading and investing experience to users, enabling them to explore the never-ending opportunities that could transform the whole concept of finance in the world. 

BTSE offers a wide variety of cryptocurrencies to enable users to easily trade or purchase with fiat currencies within seconds. It gives you the option to invest your crypto assets in safe and low-risk programs. The BTSE platform is designed for crypto enthusiasts from all over the world, and you can effortlessly sign up on the platform with your email address. However, due to regulations and laws, the platform has restricted their access to users residing in the US and some other countries.

  • Web Address:   www.btse.com/en/home
  • Main Location: British Virgin Islands
  • Cryptocurrencies: BTC, ETH, LTC, XRP, SHIB, DOGE, and 100+ more
  • Fiat Currencies: USD, EUR, GBM, HKD, AUD, AED, and many more
  • Mobile App: Available for Android phones and iOS devices
  • Payment Methods: SWIFT, Local Bank Transfers, SEPA, Credit/Debit cards, IFSC, IMPS, Cryptocurrency
  • Deposit Fees: Crypto: free; Fiat: varies
  • Trading Fees: Makers - 0.10%, Takers - 0.12%
  • Withdrawal Fees: Varies depending on withdrawal method and asset

My Overall Thoughts on BTSE

BTSE is unquestionably an all-in-one crypto exchange where you can find almost every essential feature you would want as a crypto geek. Starting with the easy purchases of cryptocurrencies, BTSE offers different fiat payment options that let users pay with their credit/debit cards or bank transfers. You can also sell your cryptocurrencies in the same way and receive fiat currencies in return. And of course, the platform has not compromised in their trading section: they offer two different trading markets to their traders, which include spot and futures. You also get access to tons of cryptocurrencies to trade right away and enjoy the latest tools and advancements alongside.

BTSE has even made investing easier with options like flexible accounts, fixed accounts, staking, or lending. You can choose any of these options and get the chance to earn a high annual interest rate. But personally, the following are what I love the most about BTSE!

1) More than 100 crypto assets are available: If you take a look around the internet, you will find that there are countless exchanges offering users a meager variety of crypto assets. With BTSE, you have over 100 cryptocurrencies that you can buy, trade, and invest on the platform and diversify your portfolio as per your requirements. You can find tons of popular crypto-assets in their list, along with many new and potentially great projects that you can trade right away.

2) Professional and advanced trading experience: BTSE offers two different trading markets to their traders including spot and futures. You also get a professional trading interface infused with the latest and next-gen customizable options that could offer you better insights and evaluations for your trades.

3) Several investment opportunitiesYou can earn a great deal of money with BTSE, thanks to their investment opportunities. You can make your idle assets work for you by lending them, staking them, or by depositing them on flexible or fixed terms. You can even earn up to 50% APY, which is enormous and can benefit quite well in the longer term.

On the other hand, BTSE has to work on their customer support system and regulations to enable the US users to join the platform. Otherwise, BTSE is one of the best crypto exchanges for all types of users.

Key Features and Advantages of BTSE

Taking a look at the overall features and layout of BTSE, you will note that the platform is designed quite simply with beginners in mind. There are no complicated terms, no complex features, and you can easily use and understand any of the options available on the platform. BTSE also provides its users with an efficient and fast way to purchase cryptocurrencies through different fiat methods. If you are looking for professional trading experience, you can also trade spot and futures with a comparatively advanced interface to fulfill all your requirements.

BTSE has also brought several investment activities that users can use and earn money with their already-owned cryptocurrencies. You can choose between fixed, flexible, staking, and funds options to start your investment journey and let your assets make money for you. But do you know what other features BTSE offers? Take a look below:

Negatives and Disadvantages of BTSE

BTSE might have worked a lot in enhancing a few of their most important aspects like trading or investing. Still, they have compromised on two aspects that can affect user experience:

What Services Does BTSE Offer?

BTSE has a wide range of services for all types of crypto users, whether they want to trade, invest, or simply buy or swap their cryptocurrencies. BTSE provides a relatively simpler way to purchase crypto assets through credit or debit cards. The platform has integrated spot and futures for the traders, and you can trade all the available pairs in a professional and advanced trading interface. 

For investment options, BTSE allows you to invest your assets in different programs like fixed, flexible, staking, or funds. But you can enjoy a lot more features on the platform that give you access to a whole new world of cryptocurrencies. Check out their services below:

Easily buy and sell crypto assets with fiat currencies: BTSE allows their users to easily purchase and sell crypto assets on the platforms without being restricted to using the popular payment methods. You can use the methods like credit or debit cards and process your transactions within a minute or even less. In the case of selling crypto assets, you can receive the fiat currencies right in your bank account.

Easy and hassle-free purchasing and selling of cryptocurrencies allow you to save time and own the crypto assets you want right away. You can invest your money in different assets and hold onto them for potentially better results in the future.

BTSE supports many popular crypto assets for direct purchases, including BTC, ETH, USDT, ATOM, AVAX, BAL, and many more. You can visit their buying and selling section to access all the available assets at once.

Zero fee crypto conversions: BTSE probably has one of the fastest and most efficient conversion features that processes all types of transactions without any fee. Aside from exchanging crypto assets, users can also exchange the crypto assets with fiat currencies as well and vice versa.

With this feature, you can instantly exchange your assets for the ones you want according to their popularity and movements. You won’t even have to worry about the complications of trading as everything will be done on a simple interface. Also, every conversion on BTSE is free and processed instantly.

In the conversion section of BTSE, you can select the asset you want to exchange, then choose the asset you want to get in exchange, and then click the “Convert Now” button to complete the process.

100+ crypto assets are available: There are more than 100 cryptocurrencies available on BTSE that you can easily trade and buy. Their list of crypto assets includes every single popular cryptocurrency with a considerable market cap. There are also some new projects available that you can check out and try your luck in.

With the number of crypto assets available on BTSE, you can create excellent diversity in your trading portfolio and even divide the risk accordingly to tackle major losses. You also get the chance to explore new markets and their movements, which could result positively in the end if evaluated correctly.

Some of the tradable and buyable crypto assets at BTSE are BTC, ETH, LTC, XRP, XMR, DOT, and LUNA. BTSE also actively adds and removes crypto-assets according to the community's demands.

Efficient mobile applications for IOS/Android phones: BTSE has also designed mobile applications that users can install on their mobile phones, enabling them to trade anywhere and anytime. You can trade on the go without going through the hassle of accessing your laptop or desktop computer.

BTSE’s mobile applications come with all the features and functions that are available on their desktop platform. Not only can you buy and sell crypto assets with their mobile apps, you can trade professionally and access all the crypto assets, too. Users can also invest their assets in different available programs right from their mobile apps and start earning interest. You can also use BTSE’s mobile application as your crypto wallet and have access to your portfolio at all times.

BTSE’s mobile applications are available for Android and iOS devices. You can download the applications from the respective stores of your phone or scan the QR code from the BTSE website to download and install the applications.

Trade spot and futures: BTSE offers two different trading markets to the traders, which are spot and futures. While the spot market is considered a lower-risk market, futures come with a little more risk but greater returns and benefits that the traders can claim.

Having two different trading markets allows the traders to explore limitless opportunities and try out their luck in different markets that could be beneficial for them. If you are a casual trader or just starting your journey, you can trade spots and have a simple experience. But if you’re willing to take a little more risk and know how margin, collateral, and leverage work, you can trade futures that offer multiplied returns.

BTSE has definitely not restricted their users in the area of advanced trading markets. You can trade whatever you want and however you want without any limitations according to your skill set. 

Professional and advanced trading interface: Traders can trade professionally on BTSE using advanced features – thanks to their next-gen trading interface which is specifically designed to facilitate a seamless experience.

BTSE’s trading interface comes with many features, options, and customizable functions that could enhance your experience even more. Starting with fast, efficient, and real-time charts, you’ll never miss out on any market movement of any asset available on the exchange. BTSE also provides a complete order book along with the depth charts for better insights and the evaluation of market fear. You can also use indicators on the trading interface, compare different assets, and even select different time intervals as per your preferences. The usual features like snapshots, full-screen mode, and appearance enhancement are also available. Through the left-hand panel, you can execute, manage, and set up your trades accordingly and check out your positions.

Without compromising on your experience or missing out on any essential feature, you can trade with BTSE uninterruptedly. The platform also constantly works to further improve services and bring the best to traders.

Different earning and investment options: BTSE brings several earning and investment options for the investors who do not want to let their assets remain idle. With the investment programs designed by BTSE, you can earn more than 50% APR depending on the program you have chosen.

There are different investment options available at BTSE, which also include fixed and flexible plans. Fixed plans offer stable and sustainable income where your assets are locked for a specific period. With flexible plans, there are no time limitations, and you can get your hands withdrawn anytime you want. You can also withdraw your earnings with flexible plans whenever you want. You can earn up to a 7.5% annual interest rate by simply lending your assets to BTSE’s capital pools. If you’re looking for a safe investment, you can earn with stablecoins like USDT and USDC which can offer up to 12.5% annual returns.

Now you can let your assets work for you and expand your crypto portfolio at the same time without doing anything. You can make a lot of money at the end of the year if you invest in the right token with the right values.

Beginner-friendly crypto exchange: BTSE is a very beginner-friendly crypto exchange that you can use without any prior knowledge or experience. Of course, you would need to be a little open-minded with an understanding of how platforms work, and you would be good to go.

BTSE has separated each of their sections so that their users can only access what they came for. The buying, investing, and conversion sections are even friendlier and come with proper instructions to help the users out in their activities. As for trading, you might have to go through some guides first to properly understand every feature of the interface and evaluate how you can trade efficiently.

So do not worry if you do not have experience or considerable skills; with BTSE, you can still invest your money in crypto assets with ease and have a hassle-free experience.

Earn 20% fee commission with referrals: With unlimited commission levels, BTSE offers a unique referral program to their users who can keep earning from referrals for a very long time. BTSE offers up to 20% trading fee commission to their partners who bring users, specifically traders, to the platform.

BTSE’s referral program works with the chain system where you can create a sustainable income stream just by referring others to the platform. When you refer a friend to the platform, you earn every time your friend trades, but if your friend brings other people to the platform too, you will earn their trading fee, too. This chain goes on and on, and you can get unlimited lifetime benefits. Also, your referrals get trading fee discounts for the first 30 days after joining the platform through your link.

If you think you can convince your friends and family members to join BTSE, you should do it right away and start earning a considerable amount with limitless opportunities.

Stay updated with the BTSE blog, and help center: BTSE provides an up-to-date blog to their users that they can check out to know what is happening in the crypto industry. They can also learn about different new things and explore what improvements, enhancements, and features are being brought to the platform. 

With the help center, you can learn about almost everything that is available on the platform. In case you have doubts about trading, futures, or spot, you can learn about all these things from scratch and improve your skills.

Even if you are a beginner with no experience at all, BTSE will help you go through all the phases of understanding and learning through their blog and help center. Just take some time out and start exploring their articles and guides.

Things I Don't Like About BTSE

There are a few things about BTSE that I don’t really like, which can negatively affect the experience of some users. You can check out the negatives of BTSE below and find out how much of an impact they would have on your experience:

US users are not supported: BTSE does not offer its services in the US and a few other jurisdictions. This limitation makes it impossible for a large community of crypto traders and investors to use the services the platform brings. BTSE has also restricted users residing in China, Singapore, Korea, Sudan, and a few other countries from accessing their services. This is primarily due to the laws and regulations in certain countries that BTSE can’t follow or comply with.

But the thing is, the US and China have massive crypto communities, and it can be a major letdown for them not to use the opportunities brought by BTSE. BTSE really needs to work on meeting certain regulations, to make it possible for all users to easily register on the platform and use their services.

No live chat or phone support: If you want to get in touch with the official BTSE team, you will have to use the old-school method of filling up a whole form and then sending it to the platform. In that case, you will get a reply after several hours according to your query, and it might not even satisfy your problems. The platform has no live chat or phone support to enable users to contact BTSE instantly and solve their problems without wasting time.

BTSE will have to work on providing efficient ways of contacting them, or they would simply worsen the experience of their users in terms of solving problems.

BTSE Fees

BTSE Deposit Fees

BTSE supports both fiat deposits and crypto deposits on the platform. Crypto deposits are absolutely free; for fiat deposits, a specific fee is charged depending on the payment method and chosen fiat currency. You can take a look below to find out the fiat deposit fee of BTSE:

  • SWIFT (All available fiat currencies): 0.05%
  • SWIFT (AED): 0.50%
  • Local Bank Transfer (PHP): Free
  • SEPA (EUR): Free
  • IFSC (INR): 2%
  • IMPS (INR): 2%

BTSE Trading Fees

The spot trading fee at BTSE can be seen below:

You can bring the spot trading fee further down with the referral bonus and enjoy even cheaper trading. BTSE also has a separate fee structure for futures trading which differs for standard users and market users.

BTSE Fiat Withdrawal Fee

You can check out the BTSE fiat withdrawal fee below:

  • SWIFT (All available fiat currencies): 0.1% (Minimum charge: 25 USD)
  • Local Bank Transfer (PHP): 0.2% (Minimum charge: 10 USD)
  • SEPA (EUR): 0.1% (Minimum charge: 3 EUR)
  • IFSC (INR): Free
  • IMPS (INR): Free

BTSE has also defined a minimum withdrawal amount for each of the methods available, which is usually equivalent to $100, so keep that in mind when withdrawing your funds. 

BTSE Crypto Withdrawal Fee

Crypto withdrawal fee at BTSE varies depending on what crypto asset you are withdrawing. The platform has a defined withdrawal fee for each of the assets on their fee page and you can visit it to get a specific idea.

Pros and Cons of BTSE

Pros
  • Buy, sell, and convert cryptocurrencies instantly
  • More than 100 crypto assets are available
  • Diverse trading markets
  • Advanced trading interface with a variety of options
  • Stake and invest your tokens to earn
Cons
  • US users are not supported
  • Below average customer support

The Verdict

The crypto exchanges that are designed for all types of crypto users, whether they are a beginner or experienced, are usually more popular and successful than the ones that are targeted to a specific community. The same is true for BTSE, as the platform is quite beginner-friendly and still has some professional and advanced features an experienced trader or investor would love. The best thing about BTSE is that they have made everything efficient and easier. It does not particularly matter if we talk about buying, selling, converting, or investing; everything is defined and easy for the common users until or unless we talk about advanced trading features.

BTSE has kept their trading interface professional to facilitate the advanced traders who would not like to compromise on their experience. The platform has also brought diversity in the cryptocurrencies they support, the features, and the markets they offer. If they remain on track and keep improving their services like before and bring solutions to the few problems they have, they might even enter the race to compete with the best in the industry.

BTSE is not available for US residents, so if you are from the US, you can read our article on the best cryptocurrency exchanges in the USA. There is also a quick comparison table below to help you with your decision

Comparison Table of the Best Crypto Exchanges in the USA

MEXC
eToro
Uphold
Coinmama
Crypto.com
Crypto Exchange
Crypto Exchange
MEXC
eToro
Uphold
Coinmama
Crypto.com
Fiat Currencies
Fiat Currencies
USD, TWD, AED, PHP, AUD, JPY, CAD, EUR & more
USD
USD, GBP, EUR, CHF, AUD, JPY & 21 more
USD, EUR, AUD, CAD, GBP, JPY
USD, AUD, CAD, CHF, EUR, GBP, NZD, SGD, JPY & 10+ more
Cryptocurrencies
Cryptocurrencies
MEXC, BTC, ETH, EOS, BCH, LTC & 1,520+ more
BTC, ETH, BCH, DASH, LTC, ETC & 75 more
BTC, ETH, ADA, DOGE, COMP, DOT & 125+ more
BTC, ETH, ETC, UNI, LINK, LTC, BCH, DOGE, MATIC, EOS, AAVE, COMP, OMG, YFI, WBTC
BTC, ETH, LTC, XRP, CRO, ADA, DOT, SOL, DOGE & 250+ more
Deposit Methods
Deposit Methods
Visa/Mastercard, Bank Cards, Bank Transfer, Apple Pay, Google Pay, Cryptocurrency
PayPal, Debit card, Wire transfer
Bank Transfer (ACH), Bank Transfer (SEPA), Debit/Credit Card, Wire Transfer, Faster Payments Service, SWIFT, Cryptocurrency
Credit card, Debit card, Fedwire, Apple Pay, Google Pay
Bank Transfer (ACH), BPAY, SEPA, Credit/Debit card, PayPal, TransferWise, Fedwire, SWIFT, Cryptocurrency
Trading Fees
Trading Fees
0% for spot, 0.0%/0.01% for futures
1%
Fees included in the spread
2.93% - 3.90% (depending on loyalty level)
Included in spread

Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk.

Frequently Asked Questions

Is BTSE a legit cryptocurrency exchange?

Yes, BTSE is a legit cryptocurrency exchange offering their services for several years now. The platform is currently based in the British Virgin Islands and supports users from over 100 countries.

Can US users join BTSE?

Unfortunately, BTSE is not available in the US along with a few other countries like China and Sudan, among others.

Can you trust BTSE with your money?

BTSE aims to let their users trade and invest confidently without worrying about anything. The platform offers a safe and secured environment integrated with several measures for excellent protection.

Marketplacefairness.org provides all its content for informational purposes only, and this should not be taken as financial advice to buy, trade or sell cryptocurrency or use any specific exchange. Please do not use this website as investment advice, financial advice or legal advice, and each individual's needs may vary from that of the author. This post includes affiliate links with our partners who may compensate us. 

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