Bitrue Review: Is this broker right for you?
Before you join a new broker, there are many things you should consider. 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. 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. 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 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. 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?
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. It offers two-step verification to prevent fraud and hacking of accounts. This prevents transactions from being made from compromised IP addresses and 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. 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 also 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. Users can also contact customer support via Twitter. Within one day, a representative will respond to any question.
Signing up for Bitrue is easy. An email address, password and verification code are required to sign up for Bitrue. 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. 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.
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. Additionally, traders must pay additional fees for trading fiat currency, such as network fees. However, Bitrue’s fees are more affordable than those charged by 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.