Is BTSE a Good Crypto Exchange for Beginners?
It is important for novice cryptocurrency traders to choose the right crypto exchange. Not all companies can be used when you are just starting your path in trading, which is why the success in cryptocurrency trading depends on making the right choice. Beginners often wonder whether BTSE is a good crypto exchange to start trading with. In this article you will learn whether BTSE is good for beginners, what its pros and cons are and what a novice trader needs to know.
BTSE's Top Features for Beginners
BTSE’s beginner-friendly features, such as a demo account, low minimum deposit, educational materials, copy trading, staking, a user-friendly mobile app, customer support, fiat deposit and withdrawal options, and low fees, were compared against the top two competitors to ensure a comprehensive evaluation.
| BTSE | Kraken | Coinbase | |
|---|---|---|---|
| Demo account |
Yes |
No |
No |
| Minimum deposit, USD or USDT | 100 | 10 | 10 |
| P2P exchange |
Yes |
No |
Yes |
| Spot maker fee | 0.2 | 0.25 | 0.5 |
| Fiat transactions |
Yes |
Yes |
Yes |
| Bank cards |
Yes |
Yes |
Yes |
| Commissions and fees | 6.5 | 6.2 | 5.1 |
| Educational tools |
Yes |
Yes |
Yes |
| Crypto bonuses |
Yes |
Yes |
No |
| Staking |
Yes |
Yes |
Yes |
| Copy trading |
No |
Yes |
No |
|
|
|
|
Why We Focused on Comparing These Beginner-Friendly Features:
Demo account – Allows beginners to practice trading without risking real funds, helping them gain confidence and understand the platform.
Minimum deposit, USD or USDT – Ensures low entry barriers, making it affordable for newcomers to start trading with a small initial investment.
P2P exchange – Enables direct cryptocurrency trading between users, often with no intermediaries, providing a straightforward and accessible way to trade.
Spot maker fee – Highlights competitive trading fees for placing limit orders, which is cost-effective for those starting with spot trading.
Fiat transactions – Simplifies the process of depositing and withdrawing funds using local currencies, making it convenient for first-time users.
Bank cards – Provides an easy and familiar way for beginners to fund their accounts quickly using Visa or Mastercard.
Commissions and fees – Transparent and competitive fee structures help beginners calculate costs and avoid unexpected charges.
Educational tools – Tutorials, webinars, and guides equip beginners with the knowledge needed to trade confidently and effectively.
Crypto bonuses – Offers incentives like signup rewards or deposit bonuses, encouraging newcomers to explore trading.
Staking – Allows beginners to earn passive income on their holdings, introducing them to advanced cryptocurrency features with minimal effort.
Copy trading – Lets new traders learn by replicating the strategies of experienced traders, reducing the learning curve.
Short summary about the broker BTSE
The centralized BTSE cryptocurrency exchange is managed by BTSE Holdings Limited, registered in Costa Rica. It has been providing cryptocurrency purchase, sale, and exchange services since 2018. BTSE supports deposits and withdrawals in 15 fiat currencies, doesn’t have minimum deposit requirements, and offers transactions with over 200 cryptocurrencies. Its clients can trade leveraged futures contracts, as well as invest in automated trading strategies developed by vetted professional trading teams. This exchange also provides platforms for spot and margin trading while keeping over 99% of its traders’ assets in cold wallets.
| 💰 Account currency: | USD, EUR, GBP, AUD, CAD, HKD, JPY, AED, PHP, INR, and cryptocurrencies |
| 🚀 Minimum deposit: | No requirements |
| ⚖️ Leverage: | Up to 1:100 and only for futures contracts |
| 💱 Spread: | 0.02%–0.10% for makers and 0.04%–0.12% for takers |
| 🔧 Instruments: | Cryptocurrencies, futures contracts |
| 💹 Margin Call / Stop Out: | No |
BTSE Pros and Cons
👍 Advantages of trading with BTSE:
•absence of minimum investment requirements;
•reduction of transaction fees due to the growth of trading volumes;
•several platforms for various traders’ requests such as margin trading, spot transactions, and fast purchase and sale of cryptocurrencies;
•prevention of negative balances with Auto-Deleveraging (ADL);
•diversity of investment solutions for passive income earning;
•broad choice of fiat currencies;
•simple registration procedure.
👎 Disadvantages of BTSE:
•the exchange’s website doesn’t have a chat room for quick connection with tech support, and operators respond by email within 24 hours.
Trading Conditions for BTSE Users
Before you start working with an exchange, it is important that you evaluate its trading conditions. BTSE offers traders the following conditions.
| Minimum deposit, USD or USDT | 100 |
| Futures leverage | 100 |
| Spot leverage | 20 |
| Coins Supported | 240 |
| Affiliate program | Yes |
| Replenishment / Withdrawal | Bank cards, bank transfers, and cryptocurrencies |
| Trading features | Broad choice of investment programs, as well as reduced fees for large trading volumes and holding utility tokens |
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|
BTSE's Fees
We compared XXX's fees with the top two competitors to provide a clear understanding of how affordable the exchange is for its users.
| BTSE | Kraken | Coinbase | |
|---|---|---|---|
| Spot Taker fee, % | 0.2 | 0.4 | 0.5 |
| Spot Maker fee, % | 0.2 | 0.25 | 0.5 |
| Futures Taker fee, % | 0.05 | 0.05 | 0.02 |
| Futures Maker fee, % | 0.01 | 0.02 | 0.04 |
| Withdrawal fee | 0.0005 BTC 0.005 ETH 10 USDT | 0.0005 BTC | Fixed fee - 25 USD PayPal - 1.5% USDC - 10 USD |
The size of commissions and fees is also an important factor of choice. Traders Union analysts have prepared a short review of BTSE commissions and fees. In this section, you will find trading fees of the exchange as well as withdrawal fees.
The spot trading fee depends on trading volumes over the last 30 days. For makers, it varies in the range of 0.02%–0.1% of the transaction amount, and for takers, it’s 0.04%–0.12%. The charges are collected in the same currency in which a trader earns income from a transaction. For futures trading, takers pay 0.036%–0.05% and makers pay negative fees from –0.01% to –0.02%. BTSE token holders can trade at a discount of up to 60%. The fee for depositing cryptocurrencies is absent, and for fiat funds, it’s 0.05%–2%. Withdrawal fees are the following: 0.0005 BTC, 0.0005 ETH, 0.001 LTC, and 1 USDT. Banks, which receive and send payments, charge deposit and withdrawal fees that may amount to $20-80 per payment. Average fees for $1,000 transactions are provided in the table below.
| Account type | Spread (minimum value) | Withdrawal commission |
| Standard | $0.6 for makers $0.8 for takers |
Yes |
Investment programs of BTSE
It is important for novice traders not only to trade actively, but also earn passive income. Passive investing can help you earn extra profit, and also compensate for the losses you may incur as a result of active trading. BTSE offers the following passive income options.
Based on the available ways to make money, BTSE is an all-inclusive exchange because it allows users to earn income not only on active trading but also by holding funds in the internal wallets of their user accounts. Besides that, clients can use algorithmic trading, i.e., trading assisted by robots. Another way of earning passive income on BTSE is through its referral program.
Options for making money on BTSE without active trading
BTSE’s clients can earn passive income by staking cryptocurrencies. Amounts of profits depend on selected terms, deposit program types, and cryptocurrencies. Unlike other exchanges, to start investing on BTSE, one needs to deposit quite a large amount to their wallet like from $900 to $1,300 worth of cryptocurrencies. All available investment programs are displayed in the Earn menu of the mobile app and web platform.
Solutions for gaining profit from holding currencies:
Funds are manageable funds that bring an income of 4.5%–12.5%; the supported terms are 30, 60, and 90 days; and the minimum investment is $1,000 in terms of BTC, ETH, USDT, or USDC.
Staking is a program for earning on staking 44 cryptocurrencies. The exchange offers to freeze funds for 30, 50, 60, or 90 days and get from 0.36% to 50.4% in interest. In case of early repayment, the interest is not paid out. The minimum balance required for staking is $900–$1,300 worth of cryptocurrencies.
Fixed is a type of term deposit at the annual interest rates of 2.4%–8.5%. Traders can invest $1,000 or more in terms of BTC, ETH, TUSD, USDC, or USDT. The available program terms are 7, 14, 30, 60, and 90 days.
The exchange also offers the Lending program under which the borrower provides his assets to the BTSE capital pool and gets a guaranteed interest in return. The investor can give the exchange his BTSE tokens, as well as stablecoins such as wUSD, wEUR, wGBP, wHKD, or wSGD. Annual interest rates vary from 3.65% to 7.5%. Lending terms are determined by the assets’ owner.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of thedeal and all the steps from signing up to withdrawal of profits.
BTSE’s affiliate program
It’s a two-level referral program with unlimited terms. An affiliate gets 20% of the trading fees charged from 1st level referrals and 10% of the fees charged from 2nd level referrals. Affiliate rewards are paid during the whole time of the referrals’ trading activity.
Traders that register using the referral link get a 20% discount on the fees for all futures trades and spot market trading. The discount is valid for 30 days from the moment a user account is created.
Conclusion. Is BTSE good for beginners?
The BTSE cryptocurrency exchange will be an excellent choice for beginners. The exchange offers a convenient trading platform, which a beginner can learn to work with rather quickly. There is an excellent education center with a large number of materials for novice traders. Also, traders can earn passive income on good conditions. Therefore, BTSE could be considered as a good cryptocurrency exchange for a start.
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FAQ
What do I need to know about the fees charged by cryptocurrency exchanges?
The majority of cryptocurrency exchanges use the Maker/Taker fee model. As a rule, they use a multi-level system for traders that depends on the trading volume. The higher the trader’s trading volume, the lower the fees.
How do I choose a reliable cryptocurrency exchange?
Crypto exchanges mostly operate without licenses, as the majority of countries haven’t adopted legislation to regulate them. In order to choose a reliable exchange, you need to find out about its reputation and read the reviews about user experiences with it.
How many cryptocurrencies could a crypto exchange offer?
The number of cryptocurrencies on the listing of a cryptocurrency exchange may be very different. Some platforms offer less than 10, while others – several hundreds. It is important that you check the choice of cryptocurrency before registering on the exchange.
What are the risks of investing in cryptocurrencies?
Investing in cryptocurrencies carry high risks due to their high volatility. It could cause substantial losses, which is why it is important to observe the rules of risk management.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.
