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. 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. 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. Bitrue was involved in a 2014 hack that saw $4.5 million in crypto 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. Two-step verification is offered to protect accounts from fraud and hackers. 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. It also provides a mobile trading app and 24-hour customer support. This is a very simple way to get started with 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.
The company’s KYC system is secure and keeps your assets safe from theft. 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.
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. 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 offers support via email as well as 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
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.
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. 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. 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.