Bitrue Review: Is this broker right for you?
Before you join a new broker, there are many things to take into consideration. Let’s look at the Bitrue offers. 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. 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. 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 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 due in large part to the security architecture of Bitrue, which ensures that funds remain 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. It offers two-step verification to prevent fraud and hacking of accounts. 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. 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. 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. 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. Customers can also reach out to customer service via Twitter. Within one day, a representative will respond to any question.
It’s easy to sign up for Bitrue. An email address, password and verification code are required to sign up for Bitrue. Once you have verified your account, you can start trading. 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. 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 your account code, it is possible that you are receiving phishing emails.
Bitrue provides support via email and through a help ticket system. While this isn’t the best customer support, it is adequate for a self-service platform. 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
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.
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. 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.