BTSE Review: Multi-jurisdiction compliance
BTSE is registered in the British Virgin Islands with operational presence in Lithuania (BTSE UAB) and Seychelles. The exchange runs a 10-tier VIP program with maker rebates that go negative at the highest tiers. Spot fee is 0.20% maker/taker; perpetual futures fee is 0.02% maker, 0.055% taker.
- Spot, entry tier: 0.20%
- USDT-M futures: 0.02% maker / 0.055% taker
- Code XSJ0ydt9 → 30% rebate on BTSE fees
- Welcome bonus: unstated ceiling; see the current offer
Why BTSE ranks #11 in our index
Rank #11 of 11 rests chiefly on multi-jurisdiction compliance, with BTSE scoring strongest for compliance-conscious, 100x leverage, 10-tier VIP. Its entry-tier spot fee is 0.20%; its referral terms give a 30% rebate on trading fees. Axis weights: the methodology.
Strengths
- 10-tier VIP program with negative maker fees at top tiers
- Up to 100x leverage on perpetual futures
- Holding the BTSE token cuts fees a further 10-60%, though a first buyer rarely holds it
- Registered entities in Lithuania and Seychelles, useful where a licensed counterparty is required
Limitations
- Smaller spot pair count vs. top exchanges (200)
- Thin order books outside the majors, so a beginner buying anything but BTC/ETH pays a wider spread
BTSE fee schedule, entry tier
| Fee | Rate | Basis |
|---|---|---|
| Spot (maker = taker) | 0.20% | Entry tier, before referral discount |
| Futures maker | 0.02% | USDT-margined perpetuals, entry tier |
| Futures taker | 0.055% | USDT-margined perpetuals, entry tier |
Table 2 · BTSE rates transcribed from the BTSE fee schedule, read 7 Sep 2026. Change history: corrections log; the linked page is authoritative.
Where BTSE sits in the index
BTSE is #11, the final entry, immediately after XT.com review — Simplest signup flow. Best-fit profile in our scoring: compliance-conscious, 100x leverage, 10-tier VIP. 5 product lines at BTSE (Spot, Futures, Conversion, OTC, Earn) against 6 at Binance, Gate.io, MEXC, the broadest of the 11. Founded 2018 and based in BVI / Lithuania / Seychelles, BTSE lists 295 assets, below the index median of 592 — counted from its own instruments endpoint on 2026-09-17. Security record, checked 2026-09-17: Nothing was reported against BTSE's own systems in the window. Separately, a September 2026 exploit of the Liquid Network let unbacked L-BTC be minted; Liquid told integrating exchanges to suspend L-BTC deposits and withdrawals, most of the bitcoin came back within days, and peg-outs were still switched off in mid-September. The reporting names no exchange, and we have seen no statement from BTSE about its own L-BTC support. Source ↗
BTSE against the index median
8 of the other 10 index members undercut BTSE on spot: 0.20% against a median of 0.10%. As a futures taker BTSE charges 0.055%, exactly the index median — tied 6th of 11 (with 1 other). The 30% BTSE rebate is below the 40% index median: tied 8th of 11 (with 2 others). On a $1,000 futures taker fill, BTSE charges $0.55 before the rebate and $0.39 after it (30%).
| Metric | BTSE | Median (n=11) | Best (n=11) | Rank |
|---|---|---|---|---|
| Spot fee | 0.20% | 0.10% | 0% MEXC | tied 9th of 11 (with 2 others) |
| Futures taker fee | 0.055% | 0.055% | 0.02% MEXC | tied 6th of 11 (with 1 other) |
| Futures maker fee | 0.02% | 0.02% | 0% MEXC | tied 2nd of 11 (with 9 others) |
| Referral rebate | 30% | 40% | up to 60% Weex | tied 8th of 11 (with 2 others) |
Table 3 · BTSE versus the index (n=11); Table 2 figures, read 7 Sep 2026.
How to claim the BTSE fee discount
Referral terms at BTSE attach at sign-up only: an account opened without XSJ0ydt9 cannot add a 30% rebate on trading fees afterwards.
- Register via this page; code
XSJ0ydt9is embedded in the URL. - Verify identity: BTSE lists KYC as Required, so expect withdrawals to stay locked until a government ID is on file.
- Deposit $1 or more, the recorded minimum at BTSE. The welcome-bonus tiers, set on the promotion page behind the sign-up button, typically start higher.
- Place one qualifying trade at BTSE: 0.20% spot, 0.055% futures taker, entry tier.
- A 30% rebate on trading fees then flows back on every fill while BTSE keeps the programme open.
References
- BTSE fee schedule, read 7 Sep 2026: BTSE official fee page (support.btse.com)
- Founding year (2018) and headquarters (BVI / Lithuania / Seychelles): CoinGecko exchange API entry for BTSE, cross-checked on Wikipedia, cycle 7 Sep 2026.
- BTSE referral programme page, quoted as published: welcome-bonus terms and a 30% rebate on trading fees as the referral terms.