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. 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 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. It also provides updates about new features and market trends. 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. Bitrue quickly compensated all customer funds that were lost. 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. 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. 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 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 offers email support and telegram support. Customers can also reach out to customer service via Twitter. A representative can answer any questions within a day.
Signing up for Bitrue is easy. 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 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. 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 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
Before you deposit any funds with Bitrue, you should be aware of their fees. While it’s possible to make deposits with fiat currency, it’s 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. 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. The company has had to repay customers who lost their money due to hacking.