Latest news with #BTCCExchange
Associated Press
26-04-2025
- Business
- Associated Press
BTCC Exchange Achieves Remarkable Growth in Q1 2025: Record Trading Volume of $815 Billion, Strengthened User Protection, and More User-Centric Initiatives
BTCC Exchange recorded $815B in Q1 2025 trading volume while strengthening its Risk Reserve Fund to $15M, growing its user base to over 7M with expanded offerings. VILNIUS, Lithuania, April 26, 2025 -- BTCC, the world's longest-serving crypto exchange, announced outstanding growth for the first quarter of 2025, with total trading volume reaching $815 billion. The exchange revealed a remarkable surge in trading activity, service expansion, and strengthened commitments to user security. 71% Surge in Futures Trading Propels Q1 Performance In the first quarter of 2025, BTCC achieved remarkable growth with total futures trading volume reaching $720 billion, representing a 71% quarter-over-quarter increase. Spot trading volume grew to $95 billion, up 54% from the previous quarter. The exchange has listed a variety of popular coins, including PI, TRUMP, and AI16Z, to meet the needs of diverse traders seeking innovative and trending cryptocurrencies in the market. The user base also showed impressive growth, surpassing the 7 million milestone and reaching 7.04 million registered users by the end of Q1 2025. This achievement reflects the growing trust in BTCC as a reliable platform and its expanding global footprint. $15M Risk Reserve Fund Safeguards 280,000 Traders BTCC has reinforced its commitment to user asset security by adding $4.3 million to its Risk Reserve Fund in Q1, which brings the cumulative total to over $15 million. This protective measure has already assisted approximately 280,000 users in the first quarter of this year, offering comprehensive coverage for negative balance accounts during extreme market volatility and compensating traders impacted by system failures. 'In today's volatile global market, characterized by geopolitical conflicts and macroeconomic uncertainties, crypto assets face unprecedented opportunities and challenges,' said Alex, Head of Operations at BTCC. 'For our users, this is a time of both challenges and opportunities. We are proud of our Q1 data, which reflects our commitment to protecting users' funds and building trust. Our mission is to serve as a stable anchor during market fluctuations, actively reducing risks while fostering a community built on trust and reliability.' Prioritizing User-Centric Initiatives Beyond strengthening user protection, BTCC implemented campaigns and service enhancements during Q1 2025. The exchange distributed 5 million USDT in rewards through targeted campaigns designed for diverse user segments, including new users, longtime users, beginners, and advanced traders. The VIP program was also revamped in the first quarter to cater to high-volume traders. Upgrades included more competitive fee structures, the introduction of VIP Status Protection Periods, substantial upgrade rewards, exclusive luxury experiences, and more. The exchange further demonstrated its commitment to corporate social responsibility through active participation in various charitable initiatives, such as collaborations with Red Eagle Foundation, reinforcing its dedication to giving back to communities worldwide. TOKEN2049 Sponsorship and Proof of Reserves on Horizon Looking ahead, BTCC will participate as a gold sponsor at TOKEN2049, one of the industry's premier events that will take place on April 30 and May 1 in Dubai. Additionally, the exchange plans to announce its Proof of Reserves (PoR) soon, which will further enhance transparency and security for its users. To strengthen its market position, BTCC is exploring strategic sponsorship opportunities aimed at increasing brand visibility in key regions. As BTCC enhances its services while prioritizing user protection, the platform is well-equipped to thrive in the next quarter, backed by a strong user base and record trading volumes. About BTCC Exchange Founded in 2011, BTCC is a leading global cryptocurrency exchange with the vision to make crypto trading reliable and accessible to everyone. With a strong presence in over 100 countries and regions and a user base of over 7.04 million, BTCC continues to deliver innovation, security, and an unmatched user experience in the cryptocurrency world. Media Contact: Aaryn Ling BTCC Exchange [email protected] Contact Info: Name: Aaryn Ling Email: Send Email Organization: BTCC Exchange Website: Disclaimer: This press release is for informational purposes only. Information verification has been done to the best of our ability. Still, due to the speculative nature of the blockchain (cryptocurrency, NFT, mining, etc.) sector as a whole, complete accuracy cannot always be guaranteed. You are advised to conduct your own research and exercise caution. Investments in these fields are inherently risky and should be approached with due diligence. 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Bahrain News Gazette
17-04-2025
- Business
- Bahrain News Gazette
BTCC Exchange Powers Bitcoin Donations at Red Eagle Foundation's Legends Golf Day Charity Event
Legends Golf Day BTCC will accept Bitcoin donations at the Red Eagle Foundation's Legends Golf Day on April 24, 2025, supporting children in need. VILNIUS, Lithuania, April 17, 2025 (GLOBE NEWSWIRE) — BTCC , one of the world's longest-serving cryptocurrency exchanges, announces an exciting development for the upcoming Red Eagle Foundation's Legends Golf Day, where Bitcoin donations will be accepted for the first time in the foundation's history. This crypto fundraising event will take place at The Shire London on April 24, 2025, creating a new avenue for cryptocurrency holders to support children in need across the UK. The prestigious event will feature Tottenham Hotspur legend and former England manager Glenn Hoddle and other sports icons, including professional golfer Lucy Robson and Manchester United legend Teddy Sheringham. Participants will enjoy a fantastic day of golf competition, entertainment with comedian Jed Stone, a live auction, and an exclusive Q&A session with Glenn Hoddle hosted by sports television pundit Scott Minto. Attendees will be able to make Bitcoin donations via a QR code displayed throughout the event. All proceeds will directly benefit disabled, disadvantaged, and terminally ill children across the UK through the Red Eagle Foundation's charity programs. 'As leaders in crypto, it's our responsibility to unlock new ways for communities to give. Bitcoin donations are just the beginning,' said Aaryn Ling, Head of Branding at BTCC Exchange. 'We believe in using Bitcoin not just as a financial tool, but as a force for good. That's why we're powering Bitcoin donations to charities worldwide.' BTCC, established in 2011, is one of the world's most established crypto exchanges, known for its security, reliability, and user-focused digital asset services. Beyond its business operations, the exchange actively participates in charitable initiatives to bring positive impacts to communities and society. The Legends Golf Day builds on the success of previous collaborations between BTCC and the Red Eagle Foundation, including events featuring football legends Frank Lampard and Matt Le Tissier. The addition of Bitcoin donations aims to modernize fundraising approaches and engage the cryptocurrency community in supporting worthy causes. About BTCC Exchange Founded in 2011, BTCC is a leading cryptocurrency exchange committed to making crypto trading reliable and accessible. With a decade-long track record, BTCC offers a secure platform for crypto trading with its community-driven campaigns. Official website: X: Media Contact: [email protected] A photo accompanying this announcement is available at GlobeNewswire Distribution ID 1001080875
Associated Press
12-03-2025
- Business
- Associated Press
BTCC Exchange Presents 'Green Beers, Green Gains": A Festive St. Patrick's Day Trading Campaign
BTCC Exchange is excited to unveil its latest campaign, " Green Beers, Green Gains,' in celebration of the upcoming St. Patrick's Day. This limited-time event offers traders a festive way to trade the market momentum while earning exclusive rewards. From March 11 to March 17, 2025, participants can accumulate 10 lucky beers for every 5,000 USDT in futures trading volume on selected USDT-margined perpetual futures pairs. Every 10 lucky beers can be redeemed for 1 USDT in trading funds, with traders eligible to collect up to 1,000 lucky beers throughout the campaign. These trading fund rewards can be used as margins for trading, covering losses, trading fees, and funding fees on the platform. To add to the excitement, traders who reach a total futures trading volume of 1,000,000 USDT on selected pairs will qualify for an additional 50 USDT bonus. This exclusive reward is available to the first 100 qualifying participants. The selected pairs include some of the most trending cryptocurrencies, including ADA, PI, SUI, TRUMP, and HBAR, giving traders the opportunity to leverage market momentum. Beyond the St. Patrick's Day celebration, BTCC is also hosting its mega giveaway as part of its participation in the TOKEN2049 event – Trade To Win. This global trading competition features luxury prizes, including Rolex watches, Ducati motorcycles, and the grand prize – a Tesla Cybertruck. Top traders will also have the chance to win TOKEN2049 tickets and meet the BTCC team in person at the event in Dubai. BTCC Exchange invites traders to join the 'Green Beers, Green Gains' campaign and stay tuned for even more exciting initiatives coming soon. Founded in 2011, BTCC Exchange is one of the world's longest-running crypto exchanges. Dedicated to providing a secure and user-centric trading platform, the exchange provides a comprehensive range of services, including spot and futures trading and the user-favourite copy trading, catering to both novice and experienced traders alike.
