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. 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. Although the system is not easy to use for beginners, it can still be useful in getting started with cryptocurrency trading. It has a large help center as well as a variety of FAQs. You will also find updates on market trends and new features. You can also connect with the Bitrue team via email or social media.
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. 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?
One of the most commonly asked questions in a Bitrue review is: “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 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 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 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. Bitrue is a trusted place to store your money. 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.
Signing up for Bitrue is easy. An email address, password and verification code are required to sign up for Bitrue. After verifying your account, trading can begin. You can withdraw up to two BTC 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. 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
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.
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.