BTSE
BTSE (BTSE) is a digital currency exchange that allows users to buy, sell, and trade various cryptocurrencies, including Bitcoin, Ethereum, and other altcoins. BTSE is recognized for its range of features catering to both beginner and experienced traders. [1]
Overview
Launched in 2018, BTSE Exchange grew from being a regular Bitcoin-only platform to offering cryptocurrency transactions. It started as a basic exchange and evolved, bringing in a variety of services ranging from trading tools to lending and borrowing. [1] [11]
BTSE Exchange provides services related to spot and OTC trading, advanced futures, and options trading. With more than 150 different digital assets ranging from stablecoins, mainstream cryptos, and niche altcoins, every trader can find their most suitable assets. [11]
Services
Margin and Futures Trading
BTSE has a set of trading leverages generally meant for professional traders. The platform also enables both futures and spot margins on major coins such as Bitcoin (BTC), Ethereum (ETH), and any other leading altcoins. For the risk and high reward estimators, some contracts offer leverage up to 100x. [11]
Multi-Currency Spot Trading
BTSE all-in-one order book allows all users to share the same liquidity pool via ONE order book, regardless of currency. This ensures more participation across markets resulting in better liquidity, tighter pricing, lower costs, and increased trading efficiency. [11]
BTSE Earn
BTSE Earn allows users to earn from their crypto. By locking in digital assets, users can generate passive income. They can choose from fixed or flexible interest products based on their goals. [12]
Lending provides guaranteed interest from BTSE’s capital pool while staking offers flexible-term deposits with variable rates and compounding interest. [12]
Enterprise Solutions
BTSE offers comprehensive support for businesses looking to adopt and utilize blockchain technology in their operations. [13]
Founding Team
Henry Liu - CEO
Henry serves as CEO of digital asset exchange BTSE, where he leads the company’s strategy and business development efforts. Henry previously worked in merchant banking and began his blockchain career in 2016 with Maidsafe, a cryptographic privacy network. [14]
Jeff Mei - COO
Jeff serves as COO of digital asset exchange BTSE, where he leads global expansion and strategic operations. Jeff has a proven track record of driving growth and development in both the blockchain and traditional finance industries. During his time at Huobi Global, Jeff headed go-to-market strategies in international markets. [15]
BTSE Token
BTSE announced and launched its exchange token sale to the public on March 5, 2020. The BTSE token is the first exchange token launched on the Liquid Network, a federated Bitcoin Sidechain widely regarded as one of the leading examples in sidechain development. The BTSE token is designed to power the suite of financial services BTSE is developing. [9]
BTSE token benefits include reduced trading fees, increased limits and rebates for selected services, a higher referral bonus, access to special programs, the option to participate in staking programs, and payment for additional services within the BTSE ecosystem, such as listing fees, advanced trading functions, enhanced data feeds, and co-location. [9] [10]
2024 Updates
BTSE x CopyWise
In September 2024, BTSE announced a strategic partnership with CopyWise, a next-generation trading bot platform, at the TOKEN2049 conference in Singapore. CopyWise represents the next evolution of copy trading, enabling users to replicate many proven trading strategies automatically, all done in an easy-to-use UI. As part of the partnership, BTSE integrates the CopyWise platform into its own and pays an undisclosed licensing fee for the use of its intelligent algorithms and trading strategies. [16]
"We are thrilled to partner with CopyWise, which has revolutionized the field of investing by making professional, time-tested trading strategies accessible to the everyday user," said Jeff Mei, COO of BTSE.
"Through this integration, our users will be able to take the emotion out of trading and put their capital in the hands of disciplined, risk-mitigating algorithms, with just a few clicks." [16]
AutoTrader Launch
In November 2024, BTSE officially launched AutoTrader which enables users of all levels to quickly invest in thousands of tried-and-tested, automated trading strategies across Bitcoin, Ethereum, and 100+ other cryptocurrencies. On AutoTrader, smart algorithms use different data inputs to systematically test each strategy, filtering out low-performers and selecting the best ones, while trading 24/7 for users. [17]
"We are thrilled to launch AutoTrader, which aims to allow users of all levels to trade like professionals in the easiest possible way. Many people are interested in trading crypto because of their upside potential but oftentimes don’t know where to start. With AutoTrader, BTSE users will be able to spread their investments across many different strategies and assets with just a few clicks. Some strategies have a minimum of just US$1.00, making it easy for anyone to try it out,” said Jeff Mei, COO of BTSE. [17]
BTSE DEX Launch
In August 2024, BTSE announced the launch of BTSE Dex 2.0, which introduces cross-compatibility for Ethereum Virtual Machine-based chains and enables trading for over 50 perpetual futures on networks such as Base, Optimism, and Arbitrum. [18]
Notably, BTSE Dex partnered with Orderly Network’s DEX protocol, which offers liquidity and cross-chain interoperability to decentralized order books. [18]
The announcement also revealed that BTSE Dex 2.0 would be eligible for nearly $1 million in token rewards from both Orderly and BTSE Dex. The rewards will be distributed in USD Coin (USDC) through different rounds. [18]
BTSE CEO Henry Liu said:
“We’re excited to deepen our partnership with Orderly Network. They have created a phenomenal product and their emphasis on technology and user experience have enabled us to supercharge growth over the last several months." [18]