Moving cryptocurrency between digital asset trading platforms can provide plenty of upside to crypto traders. For starters, different exchanges offer various trading pairs, trading features, and loyalty perks. In addition, certain trading platforms specialize in specific domains, such as derivatives trading or access to a large number of altcoins.
The BTCC cryptocurrency exchange is one of the premier destinations for cryptocurrency futures traders. Founded in June 2011, BTCC offers a wide range of crypto derivatives trading tools and a rich selection of USDT-denominated futures contracts.
In this article, we are going to take a closer look at the benefits of transferring crypto from Binance US to BTCC and provide a step-by-step guide to depositing digital assets on BTCC from your Binance US account.
What are the pros of sending crypto from Binance US to BTCC?
Binance US is the US market-facing arm of the international Binance cryptocurrency exchange. Contrary to its international counterpart, Binance US offers no derivatives trading products and lacks a number of features users of the global platform can take advantage of.
On the other hand, BTCC is a cryptocurrency exchange that prides itself on providing a top-tier futures trading experience for cryptocurrency investors. Traders are able to capitalize on market movements of popular crypto assets like Bitcoin, Ethereum, Cardano, and others, using daily, weekly, quarterly, and perpetual contracts. Moreover, BTCC allows traders to use up to 150x leverage, for an added layer of exposure to crypto market price movements.
Here are the main advantages of using the BTCC cryptocurrency exchange:
- BTCC is the longest-running cryptocurrency exchange in the sector, with 11 years of interrupted service
- BTCC users can use up to 150x leverage when day trading Bitcoin and Ethereum derivatives
- The exchange boasts futures contracts with expiration (Daily, Weekly, Quarterly) and no expiration dates (Perpetual)
Open an account on BTCC
Registering an account on BTCC is a straightforward process that can be completed in just a couple of clicks. If you wish to open an account on BTCC, please click on the button below.
BTCC is greeting new users with an exclusive promotion that awards newcomers with up to 3,500 USDT in rewards. The promotion is available to users that fund their BTCC account within 7 days of the initial registration.
For more information about the signup process and general trading tips, check this helpful blog post published by the BTCC team.
Deposit crypto to BTCC from Binance US
In the following step-by-step guide, we are going to demonstrate how you can move crypto from Binance US to the BTCC crypto exchange. If you’ve never done this before, don’t worry – the process is extremely simple and requires no advanced knowledge. Keep in mind that the steps outlined below feature screenshots from the BTCC app. However, the process of depositing crypto to BTCC is virtually the same on desktop.
After successfully logging into your BTCC account, click on the “Deposit” button located in the Assets menu.
Continue by choosing your desired deposit currency. For the purposes of this guide, we will be using Tether (USDT), specifically the ERC–20 variant. Keep in mind that selecting the same blockchain network on the deposit and withdrawal platform is paramount. Selecting a different blockchain network can result in a permanent loss of funds.
Click on the “Copy Address” button to store the blockchain address in the clipboard. If you’ve selected a cryptocurrency that requires additional information to facilitate a transfer, like XRP and its destination tag, copy that information as well.
Log in to your Binance US account and withdraw the digital asset you wish to move to the BTCC crypto exchange.
After logging into your Binance US account, click on the “Dashboard” option located in the user drop-down menu in the top right corner of the homepage.
By clicking on the arrow (highlighted in red in the image below), you will be able to search through the whole list of supported digital assets on Binance US. For the purposes of this guide, we will be searching for USDT.
After you’ve found the crypto asset you wish to deposit to BTCC, click on it. You will be taken to the coin’s dashboard.
Click on “Withdraw” to commence the withdrawal process.
Enter the amount of cryptocurrency you wish to transfer and enter the corresponding blockchain address (in our case, the USDT deposit address copied from our BTCC account). After filling out other transaction parameters, click on “Preview Withdrawal” to proceed. Confirm your transaction when ready.
Head back to BTCC. The funds should be available in your BTCC account. Keep in mind that the speed of transactions can vary depending on the level of network congestion.
As you can see, transferring cryptocurrency from Binance US to BTCC is very intuitive and can be done in just a couple of minutes. With the funds successfully deposited in your BTCC account, you can tap into crypto futures markets and take advantage of BTCC’s wide range of derivatives contracts and sophisticated trading tools.
Edward is a finance expert that experienced the 2007 stock market crash first hand. In 2010, he discovered Bitcoin and has been a cryptocurrency advocate ever since.