BTSE is a cryptocurrency exchange that offers a variety of features for both novice and experienced traders. This guide provides a detailed walkthrough of how to use the platform, covering everything from account registration and security setup to trading and withdrawing funds. Whether you’re looking to buy your first Bitcoin or execute complex trading strategies, this guide will equip you with the knowledge you need to navigate BTSE effectively.
Table Content:
- Getting Started on BTSE: Registration and Verification
- Account Registration
- Know Your Customer (KYC) Verification
- Securing Your BTSE Account with 2FA
- Exploring BTSE AutoTrader: Automated Trading with AI
- Understanding BTSE AutoTrader
- Using BTSE AutoTrader
- Managing Funds on BTSE: Deposits and Withdrawals
- Depositing Funds
- Withdrawing Funds
- Trading on BTSE: Spot and Derivatives Markets
- Order Types
- Buying and Selling Cryptocurrency Directly on BTSE
Getting Started on BTSE: Registration and Verification
Before diving into trading, you need to create an account and verify your identity. Here’s a step-by-step guide:
Account Registration
- Visit the BTSE Website: Navigate to the official BTSE website (www.btse.com).
- Click “Register”: Locate and click the “Register” button, usually found in the top right corner of the homepage.
- Fill in the Required Information: Provide your email address, choose a username, and create a strong password. You can also enter a referral code if you have one.
- Verify Your Email: Check your inbox for a verification email from BTSE and click the link to confirm your email address.
Know Your Customer (KYC) Verification
KYC verification is crucial for accessing all of BTSE’s features, including fiat deposits and withdrawals.
- Go to Your User Profile: Click on the user icon in the top right corner of the homepage.
- Select “Identity Verification”: Navigate to the “Identity Verification” section and click “Verify.”
- Provide Personal Information: Fill in your full name (both in your native language and English), date of birth, country of residence, occupation, and source of funds.
- Upload Identification Documents: Upload a clear photo of your passport, driver’s license, or national ID card.
- Facial Verification: Take a selfie following the on-screen instructions for facial recognition.
BTSE typically reviews KYC applications within one hour. Once approved, you can fully utilize the platform.
Securing Your BTSE Account with 2FA
Enabling two-factor authentication (2FA) is highly recommended to enhance the security of your account.
- Access Security Settings: Go to your user profile and select “Security.”
- Enable 2FA: Click the toggle button to enable “Two-Factor Authentication (Google Authenticator).”
- Install Google Authenticator: Download and install the Google Authenticator app on your mobile device.
- Scan the QR Code: Use the app to scan the QR code displayed on the BTSE website or manually enter the provided code.
- Verify and Enable: Enter the verification code sent to your email and the code from the Google Authenticator app. Click “Enable” to complete the process.
Exploring BTSE AutoTrader: Automated Trading with AI
BTSE AutoTrader is a powerful tool that allows users to automate their trading strategies using artificial intelligence.
Understanding BTSE AutoTrader
Launched in November 2024, AutoTrader leverages AI to analyze market data, identify trading signals, and optimize strategies 24/7. The platform offers a variety of pre-built strategies categorized by:
- Trending: High-performing strategies in recent trades.
- Highest Return: Strategies with the highest average returns over a 10-hour period.
- Lowest Return: Strategies with the lowest returns in recent days.
- Most Active: Strategies with the highest trading volume or user activity.
Users can also search for strategies based on specific tokens or historical returns.
Using BTSE AutoTrader
- Navigate to AutoTrader: Select “AutoTrader” from the main navigation menu.
- Choose a Strategy: Browse the available strategies and select one that aligns with your investment goals.
- Allocate USDT: Use USDT as collateral to invest in the chosen strategy. Ensure you have sufficient USDT in your spot wallet.
- Confirm Your Investment: Click “Confirm” to finalize your investment.
You can also “favorite” strategies to track their performance without investing.
Favoriting a strategy on AutoTrader
Managing Funds on BTSE: Deposits and Withdrawals
Depositing Funds
- Go to Your Wallet: Click on “Wallet” in the top right corner of the homepage.
- Select “Deposit”: Choose the “Deposit” option.
- Choose Currency and Network: Select the currency you want to deposit (fiat, stablecoin, or cryptocurrency) and the corresponding network.
- Generate a Wallet Address: BTSE will provide a wallet address for you to send your funds to. Carefully verify the address and network before sending any funds. You can also use supported wallets like MetaMask, Trust Wallet, and XDeFi.
Withdrawing Funds
- Go to Your Wallet: Access your wallet from the homepage.
- Select “Withdraw”: Choose the “Withdraw” option.
- Choose Currency and Network: Select the currency and network for withdrawal.
- Enter Withdrawal Details: Provide the amount you wish to withdraw and your wallet address.
Always double-check the withdrawal information before confirming the transaction. Be aware of minimum/maximum withdrawal limits and processing times.
Trading on BTSE: Spot and Derivatives Markets
BTSE offers spot and derivatives trading with various order types, including Limit, Market, and Conditional.
Order Types
- Limit Order: Allows you to buy or sell at a specific price.
- Market Order: Executes your trade at the current market price.
Placing a market order on BTSE
- Conditional Order: Advanced order types for experienced traders, including:
- Limit Stop Order: Combines a stop order (triggered when the market price reaches a predefined stop price) with a limit order (specifying a limit price for execution).
- Market Stop Order: Becomes a market order and executes immediately at the current market price when the stop price is reached.
- Take-Profit Limit Order: Combines a take-profit order (triggered when the market price reaches a predefined take-profit price) with a limit order.
Placing a conditional order on BTSE
BTSE also supports other advanced order types like Take-Profit Market Order and Stop-Loss Market Order. Thorough research is recommended before using these advanced orders.
Buying and Selling Cryptocurrency Directly on BTSE
BTSE allows users to buy cryptocurrencies directly using fiat currency:
- Select “Buy Crypto”: Click on “Buy Crypto” in the navigation menu.
- Choose Currencies: Select your fiat currency and the cryptocurrency you want to purchase.
- Select Payment Method: Choose your preferred payment method (e.g., credit card, AstroPay).
- Enter Payment Information: Provide your payment details to complete the purchase.
Selling cryptocurrency follows a similar process. You can also utilize OTC trading for larger transactions. This guide provides a comprehensive overview of BTSE’s features, empowering you to confidently navigate the platform and participate in the cryptocurrency market.