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. 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 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. The site features a comprehensive help center and a number 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 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?
One of the most commonly asked questions in a Bitrue review is: “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 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 provides a variety of services and features for investors and traders. 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. Bitrue is a trusted place to store your money. 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. An email address, password and verification code are required to sign up for Bitrue. After verifying your account, trading can begin. 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 your account code, 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’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.
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. Additionally, traders must pay additional fees for trading fiat currency, such as network fees. Bitrue’s fees, however, are less expensive than 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.