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. 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. 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. 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 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. 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 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. 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.
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. Bitrue is a trusted place to store your money. 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. 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. 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. Bitrue has mixed customer reviews. Some users complain about the freezing of funds or losing money. 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.
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. 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. 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.