Bitrue Review: Is this broker right for you?
There are a lot of things to consider before joining a new broker. Let’s look at the Bitrue offers. The broker offers many customization options that allow traders to personalize their trading interface. This includes depth charts, unlimited customization, and a range of indicators. 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. 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. Bitrue quickly compensated all customer funds that were lost. 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?
Bitrue reviews often include the following question: “Is Bitrue safe?” The company has taken steps to ensure that its users are safe. It offers two-step verification to prevent fraud and hacking of accounts. This includes preventing transactions from being performed from compromised IP addresses or devices. Users can also change their security code 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. You can also access the platform via a mobile app or 24-hour customer service. It is very easy to start crypto trading. Before you sign up, however, there are important things to keep in mind.
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. 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. Site staff regularly adopt new security measures to protect assets from fraud. This way, you can trust your funds in Bitrue. 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. You’ll need an email address, a password, and a verification code. Once you have verified your account, you can start trading. 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 provides support via email and through 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. Many users are happy with the platform’s reliability and 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. Moreover, the company has an OTC desk where you can make wire transfers and trade crypto for fiat currency.
The fees charged by Bitrue depend on the pair of coins that you’re trading. However, you can get a 30% discount on your standard commission if you use the platform’s proprietary token. 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. It has an impressive list of currencies for spot trading, as well as several advanced products designed for more experienced traders. The exchange also offers a unique loan feature. However, the company has experienced hacking in the past and has been required to refund customers’ losses.