Updated Rules checked 2026-10-19
How to open futures on BTCC: log in, choose “Futures” → “USDT-M Perpetual Futures” at the top, move USDT into your futures account, pick cross or isolated margin and your leverage, and you can press “Open Long” or “Open Short” to place an order. BTCC’s official help states that live trading is not restricted by identity verification (KYC), so you can trade futures without completing KYC. The catch is that your daily withdrawal limit is only 10,000 USDT and you can’t deposit with fiat currency.
On cost, VIP 0 futures fees are 0.055% taker and 0.03% maker, calculated on the filled value and charged once when you open and once when you close. Once your total account assets reach 200 USDT you’re VIP 1, and the rates drop to 0.05%/0.025%. Funding settles every 8 hours, at 00:00, 08:00 and 16:00 Taiwan time.
BTCC’s liquidation rule is different from most exchanges. BTCC states that its futures don’t use a maintenance margin rate: once your account balance falls below 40% of the margin in use, the position is liquidated. At 10x, that means a price move of about 6% against you is enough to wipe the position out. Leverage magnifies both gains and losses, and when a position is forcibly liquidated, you may lose all the margin you put in. Below I go through account setup, margin modes, fees, liquidation prices and take-profit/stop-loss, with an official BTCC source for each.
Key points
BTCC’s official VIP fee data shows VIP 0 futures fees of 0.055% taker and 0.03% maker. With 1,000 USDT of margin at 10x, opening and closing as a taker costs 11 USDT in total fees.
BTCC’s “Futures Forced Liquidation Rules” state that “liquidation margin = margin in use × 40%” and that futures “do not use the MMR concept”. An isolated 10x long is liquidated when the price falls about 6%.
BTCC charges a separate liquidation fee: 1% on major contracts such as BTCUSDT, ETHUSDT and SOLUSDT and 1.2% on other products, calculated as liquidation price × liquidated quantity.
BTCC judges liquidation against the best bid (for longs) or the best ask (for shorts), not the mid price shown on the candlestick chart, so you can be liquidated before the chart touches your liquidation price.
When I read BTCC’s official futures market data on 2026-10-19, all 184 USDT perpetual contracts had their next funding settlement at 00:00 on October 20, Taiwan time, which matches the officially published settlement times.
The information below was checked against official pages on 2026-10-19 (the fact-check date) and is provided for reference.
How do you open a futures account on BTCC?
Check three things before you start. First, identity verification: BTCC’s “What is identity verification (KYC) and how do I complete it?” (updated 2026-10-15) states that “live trading and chart viewing are not restricted by identity verification”. KYC has two levels, identity information verification and face verification, and you must pass a risk assessment test before you start. The official benefits table lists a daily withdrawal limit of 10,000 USDT without KYC, 100,000 USDT after identity information verification and 1,000,000 USDT after face verification; the steps are in the BTCC identity verification guide. Second, how activation works: the BTCC futures help I found doesn’t mention a separate quiz to unlock futures. When you choose high leverage, the trading page shows a “Risk Warning” asking you to confirm your current leverage, that you’ll use high leverage responsibly and that you understand the risks, and then you press “I understand”. Third, where you live: the registration and KYC articles in BTCC’s help center don’t list restricted regions, and the user agreement you accept at sign-up is the one published on the official site. For a comparison across exchanges, see exchange restricted countries.
Steps on the website
- Log in to BTCC and choose “Deposit” → “Crypto Deposit” at the top to deposit USDT. The site menu describes this feature as “instantly deposit crypto assets into your futures account”. BTCC charges no deposit fee, and the deposit network must match the one selected on the sending side (BTCC: how to deposit crypto).
- If your USDT is in your wallet account, transfer it to your futures account first. BTCC splits funds into a “wallet account” and a “futures account”, and when your margin is insufficient the trading page prompts you to “transfer from your wallet account to your futures account first”.
- Click “Futures” → “USDT-M Perpetual Futures” at the top and choose a trading pair, for example the BTCUSDT perpetual. The same menu also has USDC-M Perpetual Futures, Coin-M Perpetual Futures and TradFi.
- Click “Cross/Isolated” in the top right of the order panel to choose the margin mode, then click the leverage next to it to adjust it.
- Choose an order type (Market Order, Limit Order or Stop Order), enter the contract value in the quantity field or use the percentage slider, and the page shows your max long, max short and the margin required.
- If you want, tick “Set TP/SL”, confirm, then click “Open Long” or “Open Short”. Filled positions appear under “Positions”, and unfilled orders under “Pending Orders”.
Steps in the app
- Tap “Deposit” on the home screen, or choose “Deposit” on the “Assets” page, select USDT and the deposit network, then copy the address and send your funds to it.
- On the “Assets” page, tap “Transfer”, use the two-way arrow on the right to set the direction from wallet account to futures account, choose the coin, enter the amount (25%, 50%, 75% and 100% shortcuts are available) and press “Confirm”. The transfer arrives instantly.
- Open the futures page, choose “USDT-M” at the top, tap the trading pair name and choose “BTCUSDT Perp”.
- Set cross/isolated, leverage, order type and quantity, make sure you’re on the “Open” tab, then tap “Open Long” or “Open Short”.
These steps are based on BTCC’s “How to go long/short?” (updated 2026-09-05), BTCC’s “What is a transfer and how do I make one?” (updated 2026-08-05) and the interface text on the BTCC futures trading page. Only USDT, BTC, ETH, SOL, XRP, ADA and LTC can be transferred, and the official help pages don’t say where to make a transfer on the website. When your futures account balance is low, the trading page suggests you “hold at least 200 USDT in your futures account before trading”; this is a suggestion, not a minimum for opening a position. If you want to get used to the interface first, the futures menu includes demo trading with 100,000 USDT in demo funds.
Cross vs isolated margin: what’s the difference, and which should you use?
| Item | Isolated | Cross |
|---|---|---|
| Margin source | Only the margin allocated to this position | The available margin in the futures account supports positions jointly |
| Can losses spread? | The system won’t automatically use other account funds to top up margin | A loss on one position may affect the whole account |
| Adjusting margin | You can add or reduce margin on a single position | Determined by the overall account balance and leverage settings |
| Trial bonus, deduction credit | Can’t be used | Can be used |
| Can you switch with open positions or orders? | The system may restrict it; cancel orders and close positions first | |
Sources: the BTCC isolated margin guide (updated 2026-07-16) and the BTCC guide to the new futures trial bonus (updated 2026-10-14); the latter states that futures trial bonus vouchers “currently apply only to cross margin mode”. BTCC also warns that isolated margin “does not mean there is no liquidation risk”: adding margin moves the liquidation price further from the market price but can’t guarantee you won’t be liquidated, and reducing margin brings the liquidation price closer to the market price.
Running the numbers with BTCC’s 40% rule makes this clearer. Say your futures account holds 2,000 USDT and you use 1,000 USDT of it to open a 10x BTC long (position value 10,000 USDT, entry price 60,000). With isolated margin, the position is liquidated when its equity drops to 400 USDT (1,000 × 40%): that’s a 600 USDT loss, reached after a 6% price drop, and the other 1,000 USDT is untouched. With cross margin, the whole 2,000 USDT carries the position, and liquidation only comes when equity drops to 400 USDT. That takes a 1,600 USDT loss, or a price drop of about 16%, but if liquidation does happen, the money in the account is lost along with it. This is my own estimate based on the official rule, excluding fees and funding. Which mode to choose depends on how much money you’re willing to put at risk on this position; for a fuller explanation, see cross vs isolated margin.
One-way, hedge and by-order mode: what’s the difference?
BTCC’s futures trading page offers three “Position Mode” options. In “One-way Mode”, a contract can only hold a position in one direction. In “Hedge Mode”, you can hold long and short positions on the same contract at the same time. In “By-order Mode”, a contract can have several orders that aren’t merged into one position. The interface notes that you can’t change the position mode while a contract still has positions or open orders, and that “a position mode change applies to all contracts”. Trading vouchers can only be used in hedge mode. The official help pages don’t say which mode is the default, so check it in the settings before you trade.
How do you set leverage, and what’s the maximum?
You adjust leverage with the multiplier button in the order panel. Different contracts support different leverage, and BTCC’s “How to go long/short?” says to “go by what the trading page shows”. BTCC’s own pages disagree on the maximum; here are the versions I saw on 2026-10-19:
| BTCC official page | Stated maximum leverage |
|---|---|
| Home page “Futures trading” section | Up to 250x |
| Identity verification benefits text on the home page | Traditional Chinese version “Unlock 500x leverage”, English version “Unlock 250x leverage” |
| BTC price page | The same page says both “10-150x leverage” and “up to 50x leverage” |
| Help center | No per-contract caps listed; go by the trading page |
Source: BTCC official pages, read 2026-10-19. Each contract’s actual cap is shown in the “Contract Details” on the trading page. The help center doesn’t publish per-contract leverage caps, and the contract information on the trading page can only be read after logging in, so I haven’t listed them one by one.
The bigger the position, the more limited the size you can open. BTCC’s “Futures Forced Liquidation Rules” state that “futures use risk-limit control; the larger the position, the lower the maximum selectable lot size”, and the isolated margin guide says that whether and how far you can adjust leverage after opening “depends on the page prompts and risk-control checks”. When you choose leverage, the trading page also warns: “Choosing leverage above [20x] increases the risk of liquidation.” Leverage only decides how much margin you put up. Fees and funding are both calculated on position value, so the higher the leverage, the more you pay on the same margin.
How are BTCC futures fees calculated?
The fee rule on BTCC’s trading page is “fee = fee rate × trading volume = fee rate × (filled quantity × fill price)”. It’s charged once on opening and once on closing, rounded to two decimal places (BTCC VIP benefits and trading fees). Rates depend on your VIP level. Below is the official VIP level data used by the BTCC VIP fee page, read on 2026-10-19:
| Level | Total account assets (USDT) | Or 30-day futures volume (USDT) | Futures taker | Futures maker |
|---|---|---|---|---|
| VIP 0 | — | — | 0.055% | 0.03% |
| VIP 1 | 200 | 500,000 | 0.05% | 0.025% |
| VIP 2 | 15,000 | 7,500,000 | 0.045% | 0.022% |
| VIP 3 | 100,000 | 20,000,000 | 0.04% | 0.02% |
| VIP 4 | 200,000 | 75,000,000 | 0.032% | 0.018% |
| VIP 5 | 1,000,000 | 200,000,000 | 0.025% | 0.015% |
| VIP 6 | 2,000,000 | 500,000,000 | 0.02% | 0.012% |
| VIP 7 | 3,000,000 | 1,000,000,000 | 0.015% | 0.01% |
Source: BTCC official VIP level data, 2026-10-19. Meeting any one of three conditions qualifies you for a level; the third is 30-day spot volume (100,000 USDT for VIP 1). The fee page states that “VIP levels and fees are updated and take effect daily at 01:00 (Taiwan time)”. The lowest threshold is VIP 1, which the fee page describes as “deposit 200 USDT to become VIP1”. For the full fee schedule and withdrawal fees, see BTCC fees.
Example assumptions: 1,000 USDT of margin at 10x, a position value of 10,000 USDT, a funding rate of +0.01% per interval (the interest rate index in BTCC’s funding rate formula is 0.01%), and a 3-day hold:
| Item | Formula | Amount (USDT) |
|---|---|---|
| VIP 0 opening fee (taker) | 10,000 × 0.055% | 5.5 |
| VIP 0 closing fee (taker) | 10,000 × 0.055% | 5.5 |
| VIP 0, maker on both open and close | 10,000 × 0.03% × 2 | 6 |
| VIP 1, taker on both open and close | 10,000 × 0.05% × 2 | 10 |
| Funding, every 8 hours, 3 days | 10,000 × 0.01% × 9 times | 9 |
| VIP 0 taker in and out + funding | 11 + 9 | 20 (2.0% of margin) |
| VIP 1 taker in and out + funding | 10 + 9 | 19 (1.9% of margin) |
Funding follows BTCC’s funding fee explanation and calculation (updated 2026-08-25): for USDT-M futures, funding fee = position value × funding rate, where position value is “best opposing price × position quantity”, so leverage doesn’t affect it. When the rate is positive, longs pay shorts; when it’s negative, the reverse, and “BTCC does not charge any funding fees”. Settlement is at 08:00, 16:00 and 00:00 (UTC+8), and you only pay or receive funding if you hold a position at one of those three times. BTCC specifically warns that trading isn’t paused during settlement, so opening or closing at 08:00:05 may still be counted. In volatile markets, BTCC reserves the right to adjust the funding rate cap and floor and to settle more often than 3 times a day; the normal cap and floor values are not stated officially.
When I read BTCC’s official futures market data on 2026-10-19, all 184 USDT perpetual contracts had their next settlement at 00:00 on October 20, Taiwan time, matching the officially published settlement times. The funding rate field in this data has no unit, and two reads of BTCUSDT on the same day even returned values with opposite signs, so go by the rate shown on the trading page. For how funding works and how exchanges compare, see what is the funding rate; for the full fee calculation, see how futures fees are calculated.
Compared with the VIP 0 futures rates of a few large exchanges, BTCC’s taker fee matches Bybit at 0.055%, while its 0.03% maker fee is higher than the 0.02% charged by the others:
| Exchange | Futures maker | Futures taker | 10,000 USDT taker in and out | 10,000 USDT maker in and out |
|---|---|---|---|---|
| BTCC | 0.03% | 0.055% | 11 USDT | 6 USDT |
| Bybit | 0.02% | 0.055% | 11 USDT | 4 USDT |
| Bitget | 0.02% | 0.06% | 12 USDT | 4 USDT |
| Binance | 0.02% | 0.05% | 10 USDT | 4 USDT |
| OKX | 0.02% | 0.05% | 10 USDT | 4 USDT |
Sources: BTCC VIP fee page (2026-10-19), Bybit trading fee structure, Bitget trading fee FAQ, Binance fee page, OKX fee page. For how to get started on other exchanges, see the Binance futures guide, Bybit futures guide and Bitget futures guide. BTCC also has deduction credit and trial bonuses that can offset fees, but only in cross margin, and the VIP fee page lists a “deduction credit offset ratio” for each level (BTCC: how to use deduction credit and trial bonuses).
How is the liquidation price calculated?
The rule in BTCC’s “Futures Forced Liquidation Rules” (updated 2026-08-13) is: “when the account balance after losses falls below the liquidation margin, the system enters risk handling and triggers forced liquidation”, and “liquidation margin = margin in use × 40% (subject to the latest notice in the Announcement Center)”. The same article states that futures “do not use the MMR concept”, and the trigger price isn’t the candlestick chart either: longs are judged against the best bid (Bid) and shorts against the best ask (Ask), while the chart shows the mid price by default and is “for reference only”.
For a single isolated position, that means liquidation once the loss reaches 60% of the margin, and the price move against you is roughly 60% ÷ leverage. The table below assumes a BTC entry price of 60,000 USDT and 1,000 USDT of isolated margin, excluding the opening fee and funding. The price is only an assumption to make the math easy:
| Leverage | Position value | Long liquidation price | Drop that triggers liquidation | Short liquidation price | Liquidation fee (approx., 1% rate) |
|---|---|---|---|---|---|
| 2x | 2,000 | 42,000 | 30% | 78,000 | 14 |
| 5x | 5,000 | 52,800 | 12% | 67,200 | 44 |
| 10x | 10,000 | 56,400 | 6% | 63,600 | 94 |
| 20x | 20,000 | 58,200 | 3% | 61,800 | 194 |
| 50x | 50,000 | 59,280 | 1.2% | 60,720 | 494 |
| 100x | 100,000 | 59,640 | 0.6% | 60,360 | 994 |
Estimates based on BTCC’s official 40% rule and liquidation fee rate, 2026-10-19. The liquidation fee is calculated at the long liquidation price; at 10x, for example: about 0.1667 BTC × 56,400 × 1% ≈ 94 USDT.
At low leverage, this rule puts the liquidation price relatively close to your entry. Take XT as an example: under XT’s published liquidation formula, with a BTCUSDT maintenance margin rate of 0.40%, a 10x long has to fall about 9.6% before it’s liquidated (see the XT futures guide). On BTCC the same 10x gives you only 6%, and at 5x it’s 12% versus 19.6%. At 100x both are around 0.6%. To plug in your own numbers you can use the liquidation price calculator, but it uses the maintenance margin rate formula, so for BTCC you’ll need to work it out yourself with the 40% rule above.
Liquidation also carries a separate liquidation fee. BTCC’s liquidation fee explanation (updated 2026-10-15) states that for USDT-M futures, liquidation fee = liquidated quantity × liquidation price × liquidation fee rate: 1% for BTCUSDT, BTCUSD, ETHUSDT, ETHUSD, XRPUSDT, XRPUSD, SOLUSDT, SOLUSD and DOGEUSDT, and 1.2% for other products. Once the liquidation fee is charged, no closing fee is charged. The fee goes into the insurance fund, trade records label it “Insurance Liquidation”, and “BTCC reserves the right to change the forced liquidation fee and may not notify users when it does”. Using the table above: at the moment of liquidation an isolated position still has 40% of its margin left, but above roughly 41x leverage, the 1% liquidation fee exceeds that 40% (above roughly 34x for 1.2% products). The official pages don’t say whether the liquidation fee is capped at the remaining margin, or whether any leftover is returned.
BTCC covers any negative balance. BTCC’s risk reserve fund explanation (updated 2026-09-18) states that the risk reserve fund stood at USD 25.5 million as of July 2026. It was initially funded by BTCC with 1,000,000 USDT and is topped up with 5% of the platform’s fee revenue, and BTCC “will bear 100% of the negative balance amount”. The liquidation rules also state that “BTCC does not socialize losses”, so users aren’t asked to cover the shortfall. The same article notes that BTCC has the right to stop using the risk reserve fund or change what it’s used for at any time.
How do you set take-profit and stop-loss?
You can set them together when you open by ticking “Set TP/SL”. If the position is already open, find it under “Positions” and set them there. The interface notes on BTCC’s futures trading page divide take-profit/stop-loss into two kinds, and there are a few related order types:
- Full-position TP/SL: the quantity follows the whole position, and when the price hits the trigger price the position is closed at market. You can only set one, it doesn’t appear in the order list, and once set it’s shown in the position details.
- Partial TP/SL: the quantity is fixed and doesn’t follow the position. You can set several, they go into the open order list as orders, and after triggering, the filled quantity depends on the position actually available to close.
- Trigger conditions: you can set them by contract price, expected return rate or expected profit amount; the interface’s “trigger price type” lists last price, index price and mark price.
- Planned orders: the order is only submitted, at market or limit, when the price reaches the trigger price, and no margin is frozen before then. If margin is insufficient, the position limit is exceeded or the contract can’t be traded when it triggers, the order may fail (BTCC planned order guide, updated 2026-09-04).
- Trailing orders: submitted at market when the price pulls back from its high or rebounds from its low over the period by the set amount (quick options are 3%, 5% and 10%); you can use them to open or close (BTCC trailing order guide, updated 2026-10-03).
- Size by loss: enter your stop-loss exit price and the loss you can accept, and the system works out the order quantity and sets the stop-loss at the same time. BTCC warns that the loss amount is an estimate and slippage may make the actual loss different (BTCC size-by-loss guide, updated 2026-09-04).
Set your stop-loss before the liquidation price, with some room to spare. For the 10x long in the table above, the liquidation price is 56,400, so the stop-loss has to sit above that. BTCC’s trading page also warns: “The stop-loss trigger price should not be too close to the estimated liquidation price, to avoid a failed trigger.” Because BTCC judges liquidation by the best bid and ask, liquidation can arrive before the chart price does when the spread widens. Take-profit and stop-loss orders may fill at different prices in fast markets; for how the trigger types differ, see how to set stop-loss and take-profit and mark price vs last price.
The most common beginner mistakes
- Thinking fees are based on margin: fees are based on position value. At 20x with 1,000 USDT, a VIP 0 taker round trip costs 20,000 × 0.055% × 2 = 22 USDT, so 2.2% of your margin is gone before the price even moves.
- Judging BTCC by liquidation experience on other exchanges: BTCC liquidates once you’ve lost 60% of your margin, so a 10x isolated position can only withstand about a 6% move against you, which is closer than on exchanges that calculate with a maintenance margin rate.
- Judging distance to liquidation from the chart alone: the chart shows the mid price, but liquidation follows the best bid and ask. The case BTCC itself describes is exactly this: “the chart price hasn’t touched it and the mid price hasn’t reached it, but the monitored price has triggered”.
- Forgetting the liquidation fee: liquidation carries an extra fee of 1% or 1.2% on position value, and at high leverage it’s more than the margin you have left.
- Closing a few seconds before settlement: trading isn’t paused for funding settlement, and BTCC states that opening or closing at 08:00:05 may still mean paying or receiving funding.
- Moving money out of the futures account while holding deduction credit: the official deduction credit explanation states that after a withdrawal or transfer from the futures account, deduction credit “will be reclaimed and reset to zero”.
- Deciding to switch modes after opening: with open positions or orders, you may not be able to switch the margin mode or the position mode, and a position mode change applies to all contracts.
What are the risks of BTCC futures?
Futures are not a principal-protected product. These are the risks BTCC’s official pages state:
- Leverage magnifies losses: the risk notice in “How to go long/short?” says “futures trading carries high risk, and leverage magnifies both potential profits and losses”, and that take-profit/stop-loss “cannot fully avoid the risk of extreme market volatility, slippage or forced liquidation”.
- Isolated positions get liquidated too: the isolated margin guide states that “isolated margin can isolate the risk of a single position but cannot eliminate the risk of futures trading”. The liquidation price is an estimate, and the actual trigger is affected by best bid/ask quotes, fees, funding and liquidity.
- Cross margin puts your other funds on the line: in cross mode, the available margin in the futures account absorbs losses together, and a loss on one position may affect the whole account.
- With several positions, the biggest loser is liquidated first: when you hold multiple positions, the system liquidates the position with the largest loss first, until the account’s funds are enough to maintain the margin.
- Rules may change: the 40% liquidation ratio is “subject to the latest notice in the Announcement Center”, liquidation fee rates may be adjusted without notice, and the funding rate cap and floor and the number of settlements may also change in volatile markets.
- The website’s risk warning: the risk warning at the bottom of BTCC’s web pages says “leverage magnifies profits and risks at the same time” and recommends trading only within what you can afford.
Weigh the risk of the exchange itself as well. BTCC’s background, proof of reserves and deposit and withdrawal rules are covered in the BTCC review; for comparisons across exchanges, see exchange proof of reserves compared and exchange safety record.
FAQ
Do you need KYC to trade BTCC futures?
No. BTCC’s official help states that “live trading and chart viewing are not restricted by identity verification”. Without KYC, the limits are a daily withdrawal limit of 10,000 USDT, no fiat deposits and no access to some promotions.
What are BTCC’s futures fees?
VIP 0 futures fees are 0.055% taker and 0.03% maker, charged on the filled value, once on opening and once on closing. Once your total account assets reach 200 USDT you’re VIP 1, and the rates drop to 0.05%/0.025%. VIP levels update daily at 01:00 Taiwan time; the full table is in BTCC fees.
What is BTCC’s maximum leverage?
On 2026-10-19, BTCC’s home page said “up to 250x leverage”, but other official pages also mention 150x, 50x and 500x. Each contract’s actual cap is in the contract details on the trading page, and the bigger the position, the less you can open.
When does BTCC liquidate a position?
When the account balance falls below 40% of the margin in use, which means losing 60% of your margin. An isolated 10x long is liquidated after a drop of about 6%. The trigger price is the best bid for longs and the best ask for shorts, not the mid price on the chart.
How much is BTCC’s liquidation fee?
1% for BTCUSDT, BTCUSD, ETHUSDT, ETHUSD, XRPUSDT, XRPUSD, SOLUSDT, SOLUSD and DOGEUSDT, and 1.2% for other products. For USDT-M futures it’s calculated as liquidated quantity × liquidation price and charged in USDT. Once the liquidation fee is charged, no closing fee applies, and the fee goes into the insurance fund.
How often is BTCC’s funding rate charged?
Every 8 hours, settled at 00:00, 08:00 and 16:00 Taiwan time, and you only pay or receive it if you hold a position at the moment of settlement. Longs and shorts pay each other; BTCC takes nothing. In volatile markets, BTCC can increase the number of settlements per day. For how it works, see what is the funding rate.
Can you end up owing money after a BTCC liquidation?
No. BTCC states that it does not socialize losses: any negative equity left after liquidation is covered by the insurance fund, and users aren’t asked to pay it back. That said, by the time you’re liquidated you’ve already lost most of your margin, and with the liquidation fee on top, don’t expect to get anything back.
Cross or isolated margin on BTCC: which is better?
Neither is better in every case. Isolated margin limits your loss to that position’s margin, but the liquidation price is closer; cross margin puts the liquidation price further away, but if liquidation happens, the money in the account is lost with it. BTCC’s trial bonuses and deduction credit can only be used in cross margin, and you may not be able to switch modes while you have open positions or orders.
For the full calculation of fees and funding, see how futures fees are calculated; to estimate your own position, use the perpetual futures cost calculator; the difference between placing and taking orders is explained in Maker vs Taker fees. BTCC’s fees, identity verification and overall review are covered in BTCC fees, the BTCC identity verification guide and the BTCC review, and referral codes for other exchanges are collected in the exchange referral code overview.