BTCC, one of the world's leading and long-running bitcoin exchanges, has launched a new BTC/USD exchange that features industry-leading rates and multi-tier referral program to maximize passive income.

According to the official announcement, the new exchange has been designed in close collaboration with leading bitcoin traders.

“We spent a lot time working closely with the trading community to create a high-performance platform that provides excellent service for retail and professional traders alike,” said Samson Mow, BTCC’s chief operating officer. “Also, one of our major focuses in developing the exchange was ensuring that we offer customers convenient funding options, including credit cards and more.”

The company said that the new exchange is geared for dedicated traders, with FIX APIs, a fast trading engine, and a unique multi-tier referral program, in which customers can get up to 33 percent of referees’ trading fees. 

Notably, instead of reducing fees for liquidity providers like most bitcoin exchanges do, BTCC USD Exchange’s maker-taker model actually pays makers — customers who place limit orders that add to the bid or ask in the order book — 0.05 percent of the order’s value. BTCC USD Exchange is the only bitcoin spot exchange that pays traders for adding liquidity to the order book.

“Simply put, BTCC USD Exchange is the most accessible bitcoin exchange ever,” said BTCC’s chief executive officer Bobby Lee. “We consolidated, crystallized, and applied customer feedback from our five years of operation to create the ideal exchange — one that is easy to use and access, with an intuitive interface that creates an effortless trading experience.”

BTCC is also working with Blockstream to test and deploy the Liquid sidechain, which will allow traders to move funds between BTCC and other participating exchanges instantly.