Bitrue Review: Is this broker right for you?
There are a lot of things to consider before joining a new broker. Let’s look at the Bitrue offers. 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. 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 best for traders who are experienced, but not beginners. Its system can be a bit difficult to understand for beginners, but it’s still a convenient way to get 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 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 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 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, a cryptocurrency trading platform, offers more than 100 cryptocurrencies. It also provides a mobile trading app and 24-hour customer support. It is very easy to start crypto trading. Before you sign up, however, there are important things to keep in mind.
KYC
Bitrue provides a variety of services and features for investors and traders. 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 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. 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.
Signing up for Bitrue is easy. You’ll need an email address, a password, and a verification code. Once you have verified your account, you can start trading. 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 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. 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. 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. 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. 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. The company has had to repay customers who lost their money due to hacking.