BTSE is a relatively new exchange that combines Spot market products with Futures market products.Spot and Futures MarketsBTSE offers both fiat and crypto token support. This means you can trade spot markets both in crypto only or with fiat. You...
BTSE is a relatively new exchange that combines Spot market products with Futures market products.
Spot and Futures Markets
BTSE offers both fiat and crypto token support. This means you can trade spot markets both in crypto only or with fiat. You can deposit a wide variety of fiat currencies such as USD, EUR, GBP, CAD, GBP, JPY, HKD to buy or sell cryptocurrencies like BTC, LTC, ETH, XMR.
Multiple Collateral and Settlement Options
The best part of BTSE is that you can trade high-leverage futures with multiple forms of collateral: fiat or crypto, which is offered on their platform. On most exchanges you are forced to either use BTC or USDT. But BTSE's system is flexible so you can use any combination of fiat and crypto on their site to trade a wide variety of linear futures contracts that have payout in USD: BTC/USD, ETH/USD, XMR/USD, LTC/USD, Top5-Index/USD.
Additionally, you can settle the USD PnL of the above contracts into any asset you choose: BTC, ETH, XMR, LTC. This makes BTSE currently the most flexible product offering on the market.
The platform UI is quite user-friendly:
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Exchange Token
Finally, the site offers an exchange token which is run on the Liquid BTC sidechain network. It is the first exchange token to be run on Liquid and has the symbol BTSE.
You can buy the BTSE token on BTSE where it is currently trading for about $1.