Bitrue Review: Is this broker right for you?
Before you join a new broker, there are many things you should consider. Let’s look at the Bitrue offers. The broker offers many customization options that allow traders to personalize their 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. Although the system is not easy to use for beginners, it can still be useful in getting started with cryptocurrency trading. The site features a comprehensive help center and a number of FAQs. You will also find updates on market trends and new features. You can also connect with the Bitrue team via email or social media.
Bitrue has a history of security breaches. 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 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?” The company has taken steps to ensure that its users are safe. Two-step verification is offered to protect accounts from fraud and hackers. This includes preventing transactions from being performed from compromised IP addresses or devices. Additionally, users can change the security code in their account 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, a cryptocurrency trading platform, offers more than 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 provides a variety of services and features for investors and traders. 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 also integrates with TradingView. Bitrue is a great option if you are interested in trading cryptocurrency.
The company’s KYC system is secure and keeps your assets safe from theft. 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.
It’s easy to sign up for Bitrue. You’ll need an email address, a password, and a verification code. 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. To avoid identity fraud, make sure you choose a code that is unique to you. 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. Although it’s not the best customer service, it is sufficient for self-service platforms. 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. 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. 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.