A review to BTCe – One of the major and most well-known Bitcoin exchanges

BTC-e is one of the largest and most trusted cryptocurrency exchange. It provides the services since 2011 and is located in Bulgaria. The exchange does not support Bitcoin alone but also other cryptocurrencies such as Litecoin, Ethereum, Namecoin, Dash, Novacoin, Terracoin, Feathercoin and PPcoin. Moreover users can trade these cryptocoins for several fiat currencies such as USD, EUR and RUR. The following are the allowed trading pairs in the exchange:

  • BTC / USD
  • BTC / RUR
  • BTC / EUR
  • LTC / BTC
  • LTC / USD
  • LTC / RUR
  • LTC / EUR
  • NMC / BTC
  • NMC / USD
  • NVC / BTC
  • NVC / USD
  • USD / RUR
  • EUR / USD
  • EUR / RUR
  • PPC / BTC
  • PPC / USD
  • DSH / BTC
  • DSH / USD
  • ETH / BTC
  • ETH / USD
  • ETH / EUR
  • ETH / LTC
  • ETH / RUR

 

User Interface

Exchange rates are visibly displayed on each currency pair buttons and are updated in real time without you refreshing the page. Each of the currency pair buttons displays a graph whenever clicked. Currency pairs are in the “Buy/Sell” format, which means in the BTC/USD pair with the 635.99 rate, Bitcoin is worth 635.99 USD.

BTCe

Below the trading data, you will find the Buy and Sell forms. The Price fields are automatically filled with the current prices but are also editable. There are only two fields you need to complete which is the amount and the price then you can click the “Calculate” button so the total trade amount and the fee, which is currently at 2%, will be displayed. Alternatively, you can also choose from the Buy orders and Sell orders below the forms. Click on your choice and the forms will be automatically filled. Once you are good, you complete the transaction by clicking on the Buy or Sell button. That is just how simple it is.

Also, at the bottom part of the page, you will find recent history of trades for your currently selected currency pair. If you want to check you funds, you can easily do this by clicking on the “Finances” link near your username, which will lead you to a long list of your balances to each of the cryptocurrencies. You can also easily deposit and withdraw by using the buttons aligned to each currency.

BTCe

Features

An interesting feature at BTC-e is the real time chat box located at the right side of the trading data where regular users can meet and converse with each other. Below the chat box is BTC-e’s recent Tweets which contains the most recent updates and news.

BTC-e offers an automatic trading platform. The exchange also supports MetaTrader 4 application which most advance traders use. Another advantage in trading with BTC-e is that it is one of those exchanges that has the lowest Bitcoin prices.

USD deposits are completed in a day while USD withdrawals are completed in three days. Cryptocurrency deposits and withdrawals are instant. When it comes to payment options, BTC-e offers a number of ways. These includes Perfect Money, OKPAY, Money Polo, Capitalist, International Wire Transfer, ADVcash, Ecoin and Epese. Fiat deposit fee is at 1% while cryptocoin deposit is at 0% fee.

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