BTSE exchange profile: fees, collateral, custody and account controls

BTSE is a centralised exchange offering spot and futures trading alongside automated strategies. CoinGecko’s snapshot inspected on 20 October 2026 reported approximately $85.0 million in rolling 24-hour spot turnover, across 236 coins and 236 pairs. These are reported market-data figures, not an audited revenue measure or a count of active customers.[1]

The same provider’s futures snapshot reported about $666 million in rolling 24-hour turnover, 226 pairs and $2.30 billion in open interest. Open interest measures outstanding exposure; it cannot be added to turnover as another day’s trading. Neither figure establishes the order-book depth available for a particular customer’s order.[2]

Spot fees are deducted in the asset received: buying BTC with USDT charges BTC; selling it charges USDT. At the general 0.2% rate, a 1,000 USDT purchase costs 2 USDT equivalent, with another fee on a later sale. VIP and promotional discounts do not stack; the larger applicable discount prevails.[8]

Futures fees apply when opening and closing, deducted from margin and calculated on position notional, rather than initial collateral. At the general taker rate, a hypothetical 10,000 USDT exposure costs 5.50 USDT per side, or 11 USDT if both sides have unchanged notional. Funding is separate.[9]

BTSE’s VIP policy provides two qualification routes: preceding 30-day spot or futures turnover, or staking 100, 1,000 or 10,000 BTSE tokens for VIP 1, 2 or 3 respectively. VIP 4 and above require trading volume. Qualification is automatic once criteria are met; the policy does not establish a universal immediate unstaking right. The account’s displayed tier determines the applicable rate.[10]

Perpetual funding transfers between position holders at a contract’s settlement interval; the interval is not universally eight hours. Positive funding means longs pay shorts, and a negative rate reverses the direction. The calculation uses mark price × contract quantity × multiplier × funding rate. A 10,000 USDT position at 0.01% implies 1 USDT at that settlement. Check the contract’s next funding time and final rate.[11]

Crypto withdrawal fees are network-dependent. The wallet API makes the amount basis explicit: with its default fee-inclusive setting, the stated amount is deducted and the recipient gets that amount less the fee; with fee inclusion disabled, the wallet pays the requested amount plus the fee. Asset, network, address and any required memo must match the request. Its example fee is not a current tariff.[33]

The fund guide describes a possible 1% adjustment to the execution attempt when sufficient fund balance is available. If a position still cannot be filled, automatic deleveraging can affect profitable opposite positions. The mechanism therefore changes how a derivatives shortfall is handled; it does not promise uninterrupted withdrawals or compensation for every platform failure.[17]

The terms require adult contractual capacity: at least 18, or otherwise the local age of majority.[3]

BTSE’s 5 July 2026 notice gives a concrete maintenance example: during the scheduled three-hour July window, customers could not add or reduce positions, and pending triggers were cancelled. Liquidations paused, then resumed when service returned; cancelled triggers were not restored. The notice advised adjusting exposure beforehand. These were dated event conditions, not a standing promise for every outage. No telephone dealing authority was established.[30]

After 30 days of discussion following written notice, the terms provide HKIAC arbitration: one arbitrator, Hong Kong seat, English language. They link arbitration law to the relevant operator’s jurisdiction; the seat alone does not determine every service’s governing law.[3]

CoinGecko dates BTSE’s establishment to 2018. Its current spot and derivatives listings provide evidence of ongoing reported activity, but no independently verified active-customer count was established. The profile’s inclusion reflects a substantial remaining exchange with a derivatives-led activity mix, rather than a claimed numerical worldwide rank.[1]

The Seychelles FSA records that BTSE Holding Limited informed it of acquisition by BTSE GLOBAL LIMITED SOCIEDAD DE RESPONSABILIDAD LIMITADA, incorporated in Costa Rica, and migration of its then-current users effective 2 July 2025. That identifies a dated destination route; the current generic agreement does not by itself establish that exact company as every present customer’s counterparty.[4]

Operator

Platform Operators; current service-specific counterparty not fully established

Exchange model

Centralised

Service scope

Spot, futures, multi-asset collateral, automated strategies, Earn and permissioned APIs.

Client types

Retail clients; Institutional clients

Pricing publication

Public pricing

Pricing scope

Separate spot and futures maker/taker schedules with 30-day VIP thresholds; funding and conversion are additional.

Funding scope

Eligible bank/card routes and crypto networks; security holds, allocated funds and fees affect withdrawal.

Custody and asset handling

Company custody claims and a dated auditor listing; internal liquidation fund is not customer insurance.

Client eligibility

Identity verification and country exclusions; EU residential addresses excluded from fiat funding.

Support

Published 24/7 email route, detailed report exports and account security procedures.

Authorisation and registration scope

No MiCAR authorisation claimed; dated Seychelles rejection and Costa Rica migration distinguished from current account terms.

Exchange metadata checked 20 Oct 2026Source 3Source 4Source 5Source 8Source 9Source 33

BTSE’s key-creation guide separates Read, Trading, Transfer, Wallet and Withdraw permissions. Read accesses account and history data; Trading can place, amend and cancel orders; Transfer moves funds internally; Wallet includes Earn subscriptions and deposit-address creation; Withdraw can send assets externally. Keys require KYC and two-factor authentication, show the secret once, and offer IP restrictions. Use a dedicated key with only needed grants. No universal key expiry or default permission set was established.[32]

The withdrawal endpoint specifically requires Withdraw permission. A trading integration does not need that grant merely to submit orders. Conversely, adding it gives the credential a direct asset-exit capability; revoking a local program’s access should be followed by checking the exchange’s surviving orders, strategies and balances.[33]