In this post:
- BTCC aims to offer safe crypto trading with its multi-layered security measures, including cold storage, 2FA, and KYC and AML compliance.
- The firm said it operates under regulatory frameworks with licenses from the U.S. (FinCEN), Canada (FINTRAC), and Lithuania (MFSA).
- The exchange also lacks other standard features like biometric authentication and anti-phishing codes.
The BTCC cryptocurrency exchange provides safe crypto trading through its proactive approach to safeguarding user funds and data. The firm employs multi-layered security measures, including cold storage, two-factor authentication (2FA), KYC verification, and regulatory compliance.
The exchange maintained that its platform stands out because its BTCC safety features have led to no security incidents in over a decade of operations. The FBI’s Internet Crime Complaint Center (IC3) released a report that revealed that Americans lost approximately $9.3 billion to crypto fraud in 2024, a 66% increase compared to the previous year.
In February 2025, the crypto industry was also hit by the biggest crypto theft in history, after Bybit revealed that hackers stole $1.5 billion worth of digital assets. The firm said that ackers exploited security features, then transferred the money to an unidentified address. The scale of Bybit’s hack exceeded a previous record in 2022, where a $620M heist of Ethereum and USD Coin occurred from the Ronin Network.
BTCC employs multi-layered security measures
The firm supports two-factor authentication (2FA) via Google Authenticator, SMS, and email verification for login. Withdrawals and security-sensitive actions. BTCC also acknowledged that it lacked other standard features like biometric authentication and anti-phishing codes.
The lack of biometric authentication means BTCC is less secure and convenient compared to exchanges like Kraken and Binance, which use biometric authentication to streamline login and transaction approval. Even with biometric authentication, Binance’s founder Changpeng Zhao was sentenced to four months in prison in 2024 after pleading guilty to charges of enabling money laundering at his crypto exchange.
BTCC revealed that it offers cold storage solutions to protect user funds from hacking attempts. The firm said it stores the majority of assets in cold wallets, which are not connected to the internet, making it immune to hacking. It also stores a small percentage of funds in hot wallets to facilitate withdrawals.
The exchange was formerly founded in China, but due to regulatory shifts in the country, it transitioned into a global platform. BTCC operates under regulatory frameworks, with licenses from the U.S. (FinCEN), Canada (FINTRAC), and Lithuania (MFSA license), which ensure it operates under strict compliance with international financial laws.
The firm highlighted that it has mandatory Know Your Customer (KYC) verification to prevent fraud and illegal activities. According to BTCC, it also adheres to anti-money laundering regulations.
BTCC crypto exchange said it prioritizes user privacy by implementing end-to-end encryption for all sensitive data. The firm noted that user data is encrypted using advanced cryptographic algorithms and that no personal data is shared with third parties without user consent.
BTCC reveals its April 2025 proof of reserves
BTCC has announced that its April 2025 proof of reserves is live. The firm is proud to maintain a 161% total reserve ratio across all major currencies. The company’s reserves include Bitcoin at 165%, Ethereum at 160%, USDC at 142%, XRP at 135%, USDT at 162%, and ADA at 166%.
The platform has grown into a global crypto trading platform since launching in June 2011, offering users worldwide futures trading, copy trading, and various other services. The exchange believes it is North America’s safest crypto trading platform.
The crypto platform specializes in futures trading, offering up to 500x leverage on major digital assets such as Bitcoin and Ethereum. The firm also revealed a VIP Program with tiered rewards, offering lower fees and exclusive benefits based on trading volume.
BTCC assured it operates as a crypto derivatives exchange, focusing primarily on futures contracts rather than spot trading. The exchange also employs multi-layered security measures, including cold storage, two-factor authentication (2FA), KYC verification, and regulatory compliance.
Data from CoinGecko showed that BTCC provides access to 246 digital assets and 246 trading pairs, making it an option for traders looking to engage with both major and emerging virtual currencies. The firm also said it supports crypto deposits in BTC, ETH, USDT, and other assets with zero deposit fees. The exchange added that it offers crypto deposits and fiat purchases via credit/debit cards.
