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How to Transfer Crypto from Bitcoin.com.au to BTCC
Swen Keller
- Last Updated 9 September, 2024
Due to the dynamic nature of the cryptocurrency space, platforms differ in their offerings and use. This makes transferring digital assets from one platform to another necessary for the crypto investor.
Some cryptocurrency exchanges, for example, can major in altcoin trading/futures trading while others focus on offering multiple features like crypto debit cards, leveraged trading, etc. So to get the best of both worlds you need to know how to send crypto assets from one cryptocurrency exchange to another.
So in this article, we will look at how to send digital assets to the BTCC exchange from Bitcoin.com.au and why you would want to send crypto to the platform.
What is BTCC?
Founded in 2011, the BTCC platform is a cryptocurrency exchange licensed/regulated in the USA, Canada, and Lithuania. It hosts over 2.8 million users and allows users to trade crypto futures with leverage.
Why Send Crypto to BTCC?
BTCC is one of the world’s longest-serving crypto exchanges. It has withstood the test of time for 13 years and has had zero security incidents since 2011. BTCC has withstood the test of time and has offered safe/secure trading services to traders. This makes it the ideal choice for traders looking for a trusted crypto exchange to store and trade crypto.
BTCC also offers negative balance protection, which prevents traders from losing more than they invested, and supports over 300 coins for crypto futures trading with up to 50x leverage. In addition, it offers up to 250x leverage on BTC, SOL, XRP, ETH, and DOGE.
Users have access to industry-leading liquidity and instant order executions for as high as 60 BTC and as small as 0.01 BTC with no slippage. With BTCC, traders can also copy trade and profit from experienced traders’ expertise and if new, be eligible for the 10,055 USDT reward for fresh users.
BTCC has a mobile app available on Android and iOS devices which offers traders the convenience of trading anytime and anywhere. The mobile app offers easy third-party login. This enables traders to register and log in to their BTCC accounts using third-party options like Google and Facebook.
It offers speedy crypto deposits and withdrawals and allows users to buy Bitcoin with Visa and MasterCard credit cards. It also supports account funding through third-party payment gateways like MoonPay and Simplex. For crypto deposits, BTCC allows users to deposit 200+ digital assets and convert them to USDT on the platform.
BTCC is suitable for both beginners and advanced traders. It offers a non-expiring demo account that allows inexperienced traders to practice trading with 100,000 USDT virtual funds, and an exciting VIP program for experienced traders. VIP traders enjoy several benefits including discounts on withdrawal fees, conversion fees, and trading fees, as well as, birthday gifts and branded merchandise.
A major factor when choosing a crypto exchange is fees, BTCC also excels in this. The crypto exchange offers one of the lowest transaction fees in the industry. The fees can go as low as 0.01% when you get upgraded to the highest VIP tier. Traders can also earn coupons from BTCC campaigns, which will cover their trading fees.
BTCC doesn’t just support crypto futures, it also supports the trading of stocks and commodities with USDT. The exchange offers tokenized futures of stocks like Google, Meta, Apple, Tesla, Netflix, and Microsoft as well as traditional commodities like Gold and Silver.
Opening an Account on BTCC
BTCC allows traders to register using email/mobile or third-party options like a Google, Apple ID, or Facebook Account. This section will detail how to open a BTCC account using both options.
How To Open a BTCC Account with Email/Mobile Number
To create an account, go to the BTCC website and click “Register” at the top right corner of the page.
Enter your email address or phone number and create a password.
You will be emailed a verification code. Enter the verification code.
Once this is done, you have successfully registered for a BTCC account.
How to Transfer Crypto from Bitcoin.com.au to BTCC
Sending Bitcoin and other crypto from the Bitcoin.com.au exchange is seamless and only takes a couple of minutes.
This step-by-step guide will use the web versions of both crypto exchanges. Note that the process is almost identical if you decide to use their mobile apps.
Step 1
Log into your BTCC exchange account. To the right of your dashboard screen, you should see a dark blue deposit button beside Assets. Tap on the Deposit button.
Step 2
A side menu will pop up, click on the Crypto Deposit section.
Step 3
On the new page that opens. Choose the cryptocurrency you want to transfer, the blockchain network, and the amount. Note that the network you choose for the deposit must be the same one you choose when transferring to the wallet address. If you select a different network when transferring you’ll lose your crypto. For this transfer, we’ll use the Bitcoin network.
Step 4
To the right of your screen, you’ll see a Deposit Address. Copy the deposit address.
Step 5
Go to Bitcoin.com.au, log into your cryptocurrency exchange account, and then tap on the Wallet button located at the top menu bar.
Step 6
Scroll down the wallet page, and you’ll see a list of supported wallets. Tap on the Withdraw button beside the Bitcoin wallet. By default, it’ll be on ALL, change it to Cryptocurrency so you can view only digital assets, not fiat currencies.
Next, you need to follow the on-screen prompts and paste the Bitcoin deposit address you copied from the BTCC website in the Wallet Address field then select the network (Bitcoin) and input the amount you want to send.
Note that you must choose the network of the deposit address when sending or your assets will get lost.
Step 7
Go back to the BTCC website and click Assets twice to view your deposit. Remember that Bitcoin deposits may take up to 20 minutes due to block confirmations.
Next, click on Wallet and then choose the crypto you sent (BTC) to see your deposit.
Conclusion
As we’ve just seen, transferring crypto from Bitcoin.com.au to BTCC is easy and fast. The entire process can be completed within a couple of minutes. Once your funds arrive in your BTCC account you can tap into the crypto futures market and take advantage of its large selection of derivatives and advanced trading tools.
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