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. 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 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 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. Users can also change their security code 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, a cryptocurrency trading platform, offers more than 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. 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. 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. 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. After verifying your account, trading can begin. You can withdraw as much as two Bitcoins 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. 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. 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. 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. You can spot trade in a wide range of currencies. There are also advanced products for 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.