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. 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. 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. 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. 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?
Bitrue reviews often include the following question: “Is Bitrue safe?” Fortunately, the company has made strides to ensure the safety of its users. 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. 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, 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. Before you sign up, however, there are important things to keep in mind.
KYC
Bitrue provides a variety of services and features for investors and traders. 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 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. Bitrue is a trusted place to store your money. Bitrue provides email and telegram support. Users can also contact customer support via Twitter. A representative can answer any questions within a day.
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 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. 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. 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
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.
Bitrue charges fees based on the coin pair you trade. 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. 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. 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.