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. 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 ideal for experienced traders, but not for 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. 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 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 due in large part to the security architecture of Bitrue, which ensures that funds remain 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 includes preventing transactions from being performed from compromised IP addresses or 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. 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 also integrates with TradingView. Bitrue is a great option if you are interested in trading cryptocurrency.
Your assets are safe from theft thanks to the company’s KYC system. The team behind the site regularly implements new measures to protect your 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. 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. After verifying your account, trading can begin. 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. To sign up, all you need is an email address and password. You should choose a unique code to avoid identity fraud. However, if the email address you use does not match the code on your account, you may be receiving phishing emails.
Bitrue offers support via email as well as a help ticket system. Although it’s not the best customer service, it’s adequate 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. 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. 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.