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BTCTrade.im

2 from 3 votes
China

Fees

Taker fee

0.25%

Maker fee

0.25%

Withdrawal fee

0.001

Funding methods

Wire transfer

Credit card

Other crypto

US investors permitted


BTCTrade.im Review

A trading cryptocurrency guide must provide reviews of all of the top crypto exchanges out there, so that you can find the best cryptocurrency exchange site for you. This review of BTCTrade.im consists of four parts: general information, fees, deposit methods and security.

General Information

BTCTrade.im is a Chinese cryptocurrency exchange. BTCTrade.im does not explicitly forbid US-investors from trading on its exchange. Regardless, all US-investors should do their own independent assessment of any problems arising from their residency or citizenship. In a worst-case scenario, they may not be able to trade at one or several exchanges that could be the best cryptocurrency exchange site for them (maybe including this one).

This exchange is not one of those “decentralized exchanges”. Decentralized exchanges do not require a third party to store your funds, instead, you are always directly in control of your coins and you conduct transactions directly with whoever wants to buy or sell your coins. However, regular top crypto exchanges as opposed to decentralized exchanges normally have an order book with better liquidity than the decentralized exchanges.

BTCTrade.im Fees

BTCTrade.im Trading fees

Always check the trading fees! This exchange is one of the exchanges that don’t charge different fees between takers and makers. Usually, you say that such exchanges’ trading fees are “flat”. BTCTrade.im offers a flat trading fee of 0.25%. The exchange does accordingly not care about whether you are a taker or a maker. 0.25% is exactly in line with industry average. Industry average can namely be argued to be 0.25%.

BTCTrade.im Withdrawal fees

BTCTrade.im charges a withdrawal fee amounting to 0.001 BTC when withdrawing BTC. Also this is in line with industry average.

Deposit Methods

BTCTrade.im does not accept any other deposit method than cryptocurrencies. Accordingly, the exchange is not directly available to new crypto investors. If you are a new crypto investor and you wish to start trading there, you will have to purchase cryptos from another exchange first and then deposit them at the exchange.

Security

BTCTrade.im’s security score is F, when performing the test at Observatory by Mozilla (https://observatory.mozilla.org/). This is below industry average when it comes to top crypto exchanges.

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If you have concluded that this is the exchange for you, congratulations! Go for it. But if not, please use our Exchange Finder here to find out which exchange has the best cryptocurrency exchange site for you.

Good luck!

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