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. You can customize your trading interface with unlimited customization and depth charts. To help you trade, you can also use order books and drawing tools.
What is Bitrue?
Bitrue is a cryptocurrency exchange that provides a wide variety of trading and investing options. This exchange is best for traders who are experienced, but not 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. It has a large help center as well as a variety of FAQs. You will also find updates on market trends and new features. You can also follow the Bitrue team on social media or through email.
Bitrue has a history of security breaches. Bitrue was involved in a 2014 hack that saw $4.5 million in crypto stolen from hot wallets. However, Bitrue soon compensated all lost customer funds. This is in large part due to the security architecture of the exchange, which ensures that funds are kept in offline, multi-signature cold wallets.
Is it Safe?
One of the most commonly asked questions in a Bitrue review is: “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. Users can also change their security code at any time. If the email they receive does not match, users need to be cautious about any emails claiming to come from Bitrue. 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. It doesn’t require KYC to start trading, it’s available in the United States, has many trading pairs, and offers fast customer support. It integrates with TradingView. Bitrue is a great option if you are interested in trading cryptocurrency.
Your assets are safe from theft thanks to the company’s KYC system. The team behind the site regularly implements new measures to protect your assets from fraud. This way, you can trust your funds in Bitrue. Bitrue offers email support and telegram support. Users can also contact customer support via Twitter. Within one day, a representative will respond to any question.
Signing up for Bitrue is easy. You’ll need an email address, a password, and a verification code. After verifying your account, trading can begin. You can withdraw up to two BTC 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. To sign up, all you need is an email address and password. You should choose a unique code to avoid identity fraud. However, if the email address you use does not match the code on your account, you may be receiving phishing emails.
Bitrue provides support via email and through a help ticket system. Although it’s not the best customer service, it is sufficient for self-service platforms. Customer reviews of Bitrue are mixed, with some complaints focusing on the freezing of accounts or lost funds. Many users are happy with the platform’s reliability and ease-of-use.
Fees
Before you deposit any funds with Bitrue, you should be aware of their fees. While it’s possible to make deposits with fiat currency, it’s more convenient to deposit crypto with Bitrue. Moreover, the company has an OTC desk where you can make wire transfers and trade crypto for fiat currency.
Bitrue charges fees based on the coin pair you trade. 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. Bitrue’s fees, however, are less expensive than 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. However, the company has experienced hacking in the past and has been required to refund customers’ losses.