Bitcoin Trading and Securities Exchange (BTSE), a digital assets and derivatives hotspot headquartered in the British Virgin Islands, has been in operation since 2018. It’s managed by BTSE Holdings Limited, offering a one-stop shop for trading cryptocurrencies, futures, and NFTs.
Operating with financial flexibility, BTSE enables deposits and withdrawals in 10 fiat currencies without minimum deposit restrictions. With over 100 cryptocurrencies available, it facilitates seamless transactions, enhancing its overall appeal.
This guide reveals the details of BTSE’s payment and deposit methods, providing a comprehensive understanding for users.
Read our BTSE review for a comprehensive look at the full platform.
BTSE Supported Deposit Options
Depositing funds into your BTSE wallet is a simple process. Your options include fiat and cryptocurrencies. For fiat, you can use your credit card (Visa or Mastercard) to deposit into your BTSE wallet.
On the crypto front, BTSE supports diverse tokens, allowing you to choose from an expanding selection to fund your wallet. It’s a straightforward process tailored for your convenience.
Ensuring your safety, BTSE prioritizes identity confirmation and prompts you to set up a 2-factor authenticator. Once verified, you can deposit fiat currencies using credit cards or bank transfers.
Now, let’s walk you through the simple steps of achieving this
BTSE Fiat Deposit
The BTSE Exchange platform now supports the deposit of fiat currency assets. If you’re ready to make a deposit, head to your BTSE Wallet and follow the detailed instructions outlined below:
Step 1.
To start, go to the BTSE Wallet Page and select “Spot” as your Wallet Type. This specific option is designed for depositing fiat currencies into your BTSE account.
Once deposited, you can seamlessly use these funds to purchase cryptocurrencies. It’s a simple process that opens up opportunities for diversified trading.
Step 2.
Click on “Deposit.”
Step 3: Choose Your Preferred Payment Method
1. Bank Transfer Through SWIFT
For the next step, head to the deposit page and opt for the “Bank Transfer (SWIFT)” option. This allows for international wire transfers using the SWIFT network, providing a secure and efficient method to deposit funds into your BTSE account. It’s a reliable choice for handling transactions across borders.
2. Bank Transfer Through SEPA
Select “Payment Method,” then click on “Next.” Take a moment to review and jot down the BTSE transaction number visible in the remittance/deposit details. Once done, hit “Deposit” and opt for “Bank Transfer (SEPA).” This choice will guide you through the seamless steps required to initiate a SEPA bank transfer, ensuring a smooth and secure transaction process.
Step 4: Finalize Your Wire Transfer
Now, it’s time to complete your bank’s remittance form. Fill in all the necessary deposit and bank information fields meticulously. Double-check the accuracy of the “reference code” and “transaction number” in the payment details section.
Once satisfied, hit “OK” or “Submit” to dispatch the remittance form to your bank for processing. This ensures that your transaction is seamlessly initiated and processed with precision.
Before hitting the submit button, take a moment for a thorough double-check of all details. This ensures a smooth transaction without any hiccups.
Additionally, ensure you’ve completed your identity verification (KYC) beforehand to comply with the necessary protocols before engaging in fiat operations. It’s a proactive step to facilitate a secure and hassle-free experience.
BTSE Crypto Deposits
Let’s dive into the steps for depositing cryptocurrencies on BTSE:
Go to wallet
Start by choosing “Wallets” and then “Spot” from the top navigation bar. This sets the stage for your cryptocurrency deposit journey.
Select The Asset
Next, scroll through the list or use the search feature to find your preferred cryptocurrency. Once located, click on the “Deposit” icon to initiate the deposit process. This step gets the ball rolling toward adding funds to your BTSE account.
Select The Network
Fine-tune your deposit by selecting the appropriate Network and Deposit Method. This step ensures that your chosen cryptocurrency is aligned with the right network and method, streamlining the deposit process on BTSE.
Send Funds To Your Address
Copy your BTSE wallet address and seamlessly paste it into the designated “Deposit Address” field on the deposit platform.
If it’s your first time accessing your BTSE wallet, follow the prompt to set up a wallet address by clicking “Create Wallet.”
When depositing, ensure you’re selecting the correct currency and blockchain network. Mistakes here could result in a permanent loss of your assets. Take the time to verify and confirm your choices for a secure transaction.
Rest assured, your assets will soon be deposited in your BTSE wallet. Remember that the precise timing can fluctuate depending on the chosen network.
Are BTSE Funds Secure?
At BTSE, ensuring users trade confidently is paramount. As such, safeguarding the platform and user accounts is a top priority. To fortify security, they’ve implemented a range of security protocols.
Recent notifications, delivered via email and on the platform, now prompt users to set up 2-factor Authentication (2FA). This added layer of security is now mandatory for both fiat and cryptocurrency withdrawals.
Users must also complete the KYC verification process, enhancing overall security. Complete verification grants users full access to BTSE’s services and functionalities, reinforcing the commitment to to a secure trading environment.
BTSE also improves its security measures, with an impressive 99.9% of funds securely stored in cold storage. This strategic move shields assets from potential online hacks, providing users with a heightened sense of security and calmness.
For BTSE, account security is not just a baseline; it’s the high bar for building trust. The foundation of a quality trading experience is laid on the bedrock of security, ensuring users can engage with confidence and enjoy genuine peace of mind.
Bottom Line
BTSE streamlines the deposit process, offering simplicity and clarity for both fiat and cryptocurrency transactions. With user-friendly interfaces, clear instructions, and robust security measures, BTSE ensures a hassle-free experience. Trust in the straightforward deposit methods for swift and secure transactions on the platform.
You can check out our full BTSE review to learn more about the platform.
