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. You can customize your trading interface with unlimited customization and depth charts. 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. Although the system is not easy to use for beginners, it can still be useful in getting 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 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. Bitrue quickly compensated all customer funds that were lost. 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?” The company has taken steps to ensure that its users are safe. Two-step verification is offered to protect accounts from fraud and hackers. 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. 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. 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. 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.
Your assets are safe from theft thanks to the company’s KYC system. Site staff regularly adopt new security measures to protect assets from fraud. Bitrue is a trusted place to store your money. Bitrue provides email and telegram support. Customers can also reach out to customer service via Twitter. A representative can answer any questions within a day.
It’s easy to sign up for Bitrue. An email address, password and verification code are required to sign up for Bitrue. After verifying your account, trading can begin. 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. 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. 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. 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.
The fees charged by Bitrue depend on the pair of coins that you’re trading. 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. Bitrue’s fees, however, are less expensive than 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. 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.