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. 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. 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. You will also find updates on market trends and new features. You can also follow the Bitrue team on social media or through email.
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. 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?” 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. Users can also change their security code at any time. However, users should be wary of any email claiming to be from Bitrue if the code they received does not match. These emails are most likely fake.
Bitrue, a cryptocurrency trading platform, offers more than 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. Before you sign up, however, there are important things to keep in mind.
KYC
Bitrue offers an array of features and services to traders and investors. It doesn’t require KYC to start trading, it’s available in the United States, has many trading pairs, and offers fast customer support. It also integrates with TradingView. Bitrue is a great option if you are interested in trading cryptocurrency.
The company’s KYC system is secure and keeps your assets safe from theft. 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. 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. 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 is a platform that allows you to deposit and trade 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 your account code, 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’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. 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. 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. Bitrue’s fees, however, are less expensive than 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.