What is the purpose of token?

Furthermore, BTCC provides futures trading, allowing users to speculate on the future price movements of cryptocurrencies. This service appeals to experienced traders who wish to hedge against market risks or capitalize on market trends.

Cryptocurrency exchanges, as a pivotal component of the digital asset ecosystem, play a crucial role in facilitating secure and efficient transactions. One such exchange that stands out is BTCC, a leading platform renowned for its comprehensive suite of services.

Among BTCC's services, it offers spot trading, enabling users to buy and sell cryptocurrencies at current market prices. This feature caters to traders seeking immediate execution and liquidity.

Another notable aspect of BTCC's offerings is its wallet service. The exchange offers secure digital wallets for storing cryptocurrencies, ensuring users' assets are protected against unauthorized access.

Security is paramount in the cryptocurrency space, and BTCC recognizes this. One way it enhances security is through the implementation of tokens, which serve as an additional layer of protection against hackers. Tokens introduce a 2FA (two-factor authentication) barrier, making it more difficult for hackers to access user data and corporate resources. By requiring users to verify their identity through physical tokens or smartphone applications, BTCC significantly reduces the risk of account interception.