Bitrue Review – Is This Broker Right For You?
There are a lot of things to consider before joining a new broker. Let’s look at the Bitrue offers. 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 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. 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, a cryptocurrency trading platform, offers more than 100 cryptocurrencies. It also provides a mobile trading app and 24-hour customer support. 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. 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. 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. This way, you can trust your funds in Bitrue. 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. 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. If your email address does not match the one on your account, it is possible that you are receiving phishing emails.
Bitrue provides support via email and through 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
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. 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. However, the company has experienced hacking in the past and has been required to refund customers’ losses.