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. 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, a cryptocurrency exchange, offers a variety of trading options and investment 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. 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 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. However, Bitrue soon compensated all lost customer funds. This is due in large part to the security architecture of Bitrue, which ensures that funds remain 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 prevents transactions from being made from compromised IP addresses and 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 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 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. If you’re interested in trading cryptocurrencies, Bitrue is definitely worth checking out.
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 provides email and telegram support. Users can also contact customer support via Twitter. A representative can answer any questions within a day.
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. You will need KYC if you are located in Texas, New York or China.
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. While this isn’t the best customer support, it is adequate for a self-service platform. Customer reviews of Bitrue are mixed, with some complaints focusing on the freezing of accounts or lost funds. However, many users praise the reliability of the platform and its ease of use.
Fees
Before you deposit any funds with Bitrue, you should be aware of their fees. 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. 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. 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. The company has had to repay customers who lost their money due to hacking.