Bitrue Review: Is this broker right for you?
There are a lot of things to consider before joining a new broker. Let’s take a look at what Bitrue has to offer. This broker has many options for a trader to customize his or her trading interface. This includes depth charts, unlimited customization, and a range of indicators. You can also use drawing tools and an order book to help you make trades.
What is Bitrue?
Bitrue is a cryptocurrency exchange that provides a wide variety of trading and investing options. This exchange is ideal for experienced traders, but not for beginners. Its system can be a bit difficult to understand for beginners, but it’s still a convenient way to get started with cryptocurrency trading. The site features a comprehensive help center and a number of FAQs. It also provides updates about new features and market trends. You can also connect with the Bitrue team via email or social media.
Bitrue has several security incidents to its credit. It was implicated in a 2014 cryptocurrency exchange hack, in which $4.5 million of crypto was stolen from hot wallets. However, Bitrue soon compensated all lost customer funds. This is due in large part to the security architecture of Bitrue, which ensures that funds remain in offline multi-signature cold wallets.
Is it Safe?
Bitrue reviews often include the following question: “Is Bitrue safe?” Fortunately, the company has made strides to ensure the safety of its users. Two-step verification is offered to protect accounts from fraud and hackers. This prevents transactions from being made from compromised IP addresses and devices. Additionally, users can change the security code in their account at any time. However, users should be wary of any email claiming to be from Bitrue if the code they received does not match. These emails are most likely fake.
Bitrue is a cryptocurrency trading platform that offers over 100 cryptocurrencies. It also provides a mobile trading app and 24-hour customer support. It is very easy to start crypto trading. However, there are some important details you should be aware of before signing up.
KYC
Bitrue offers an array of features and services to traders and investors. You don’t need KYC to trade, it is available in the United States and has many trading pairs. It also offers quick customer support. It integrates with TradingView. If you’re interested in trading cryptocurrencies, Bitrue is definitely worth checking out.
The company’s KYC system is secure and keeps your assets safe from theft. Site staff regularly adopt new security measures to protect assets from fraud. Bitrue is a trusted place to store your money. Bitrue provides email and telegram support. Customers can also reach out to customer service via Twitter. Within one day, a representative will respond to any question.
It’s easy to sign up for Bitrue. An email address, password and verification code are required to sign up for Bitrue. After verifying your account, trading can begin. You can withdraw as much as two Bitcoins per day. However, if you live in Texas, New York, or China, you’ll have to undergo KYC.
Customer Service
Bitrue allows you to trade and deposit crypto. All you need to sign up is an email address, and a password. You should choose a unique code to avoid identity fraud. If your email address does not match the one on your account, it is possible that you are receiving phishing emails.
Bitrue offers support via email as well as a help ticket system. While this isn’t the best customer support, it is adequate for a self-service platform. Bitrue has mixed customer reviews. Some users complain about the freezing of funds or losing money. However, many users praise the reliability of the platform and its ease of use.
Fees
Be aware of the fees before you make any deposits with Bitrue. Although it is possible to make deposits in fiat currency, it is more convenient to deposit crypto with Bitrue. The company also has an OTC desk that allows you to wire transfer and trade crypto for fiat currencies.
The fees charged by Bitrue depend on the pair of coins that you’re trading. If you use the platform’s proprietary token, you will get a 30% discount on your standard Commission. Additional fees are required for traders to trade fiat currency. These fees include network fees. However, Bitrue’s fees are more affordable than those charged by other exchanges.
Bitrue is a Singapore-based exchange for cryptocurrencies. You can spot trade in a wide range of currencies. There are also advanced products for experienced traders. It also has a loan feature, which is unique among exchanges. The company has had to repay customers who lost their money due to hacking.