Bitrue Review 2023
Tired of searching for a dependable crypto exchange? Check out Bitrue Exchange! It’s the ideal platform for all your crypto needs. Why? This review will give you a better idea. It offers safety, security, and user-friendly features. Plus, it’s top-notch!
To learn more about Bitrue, we’ll look at its operations, trading options, deposits and withdrawals, fees and limits, security measures, and customer support.
What is Bitrue Exchange
Bitrue Exchange is a crypto trading platform that aims to provide users with financial services. It is one of the top blockchain-based trading platforms for digital assets. This crypto platform established in 2019, it offers digital asset trading services to individuals and institutions.
Advantages and Disadvantages of Bitrue
The main benefit is the low trading fees. Bitrue has one of the lowest entry points for beginners and traders with small capital accounts.
Furthermore, Bitrue offers security measures like two-factor authentication, data encryption, funds escrow protection, cold storage systems, and multi-signature account setup. Plus, their trading engine is automated, so no manual errors or delays.
However, Bitrue has limited currencies. They offer more than 80 pairs, but not fiat currencies like EUR/USD. Plus, there’s no official account/wallet structure like Coinbase. This would reduce transaction time and user tracking & analysis.
Cryptocurrencies on Bitrue
Bitrue is a digital asset exchange that allows users to buy and sell cryptocurrencies. They offer trading options for many of the top coins, such as Bitcoin (BTC), Ripple (XRP), Ethereum (ETH), and Tether (USDT).
Along with crypto coins, users can trade with fiat currency.
Bitrue Features
- Bitrue has an in-house platform for seamless trading on web and mobile apps. It’s available in English, French, Spanish, and Chinese.
- It provides spot and margin trading for users with different preferences.
- Digital assets like BTC, ETH, and LTC can be traded against fiat currencies like USD.
- Deposits and withdrawals via stablecoins or wire transfers are instant.
- Fees and limits depend on the chosen method. Standardized fees and settlement timeframes may apply.
- Security measures include two-factor authentication (2FA) and cold storage of digital assets.
- Customer support is available 24/7 to address account and service queries.
- It has since expanded services to include lending and rewards program, Power Piggy.
- An extensive educational center is provided with articles, videos, webinars and tutorials to help users improve their trading knowledge.
Bitrue’s trust token, TPWR, enables customer loyalty and rewards. It provides extra discounts on trading fees and exclusive discounts from Bitrue’s merchants.
Bitrue Trading Options
Bitrue is an exchange platform that specializes in cryptocurrency trading. It offers lots of features and services, such as market tracking and margin trading with up to 8x leverage. Plus, limit orders, stop-loss orders, and Wire Transfer service for deposits from bank accounts globally.
The trading options on Bitrue are plentiful. Users can use the maker-taker model and leverage trading strategies. Maker trades involve creating limit orders. Taker trades involve taking existing ones. This provides lots of liquidity. Leverage tools let users borrow funds to increase their buying power.
Bitrue also rewards deposits and allows customers to withdraw foreign currencies without commission or any hidden fees. Funds stored on the platform are insured for up to 100 million euros per account. There’s also the Verified Merchant feature to ensure secure transactions within the platform. All in all, Bitrue is an advanced exchange platform with low fees and high liquidity.
How to Create and Verify a Bitrue Account
Creating a Bitrue account is easy! Go to their website and click the “Sign Up” button. Provide your email address and make a strong password. After creating the account, you must complete the KYC process. Provide your full name, address, phone number and Driver’s License or passport.
Once finished, you can use their features like two-factor authentication (2FA) and the Bitrue Partner program. Rewards await loyal users!
Sign up on Bitrue and get an accessible and secure cryptocurrency experience!
How to Deposit and Withdraw Money on Bitrue
Users can buy and sell digital assets with multiple payment methods.
Deposit options include bank wire transfers, PayPal, credit cards, and crypto-currencies. Automated deposits are also possible. Identity verification is required before depositing funds.
Withdrawals are via wire transfers or crypto-currencies (e.g. Bitcoin, Ethereum, Ripple, Litecoin and Tronix). Cold storage wallets (e.g. Trezor or Ledger Nano S) have a 0.2% fee, up to 10 BUSH tokens. Fees and limits depend on the method.
- Bank account withdrawals can take 2-3 business days.
- Network processing time for crypto-currency withdrawals is one hour.
- Withdraw in original currency.
- Avoid converting to fiat until necessary, as volatility can cause currency losses.
Bitrue Fees and Limits
The total trade fee is 0.15-0.20%. Plus, discounts on large transactions and refunds of BTR token purchase fees based on monthly trade volume.
The general trading fee is 0.1%. Users can get a 25% discount with BTR or 50% if their daily trading volume hits 10 BTC. There are no deposit fees for any currency. Withdrawal fees depend on the asset.
For user accounts, the minimum deposit is 2 BTC and withdrawals must exceed 20 USDT. This protects liquidity and enables users to access their funds without hassle.
Bitrue’s fees and limits are low compared to other exchanges, making it a great choice for those wanting to trade without paying hefty commissions and transfer costs.
Bitrue Security Measures
Bitrue is offering comprehensive security features. 2FA is used to secure logins, SSL encryption and anti-phishing measures are also in place. Cold storage wallets and an insurance fund provide extra protection.
- 2FA secures logins.
- SSL encryption keeps transactions private and secure.
- Anti-phishing tools protect from malicious websites and emails.
- Cold storage protects digital assets from theft or loss.
- The insurance fund is a financial cushion in case of security incidents.
In conclusion, Bitrue is a secure platform. Advanced security features make it perfect for experienced traders and those new to investing in cryptocurrencies.
Bitrue Customer Support
Customer service is a priority for Bitrue. They have an FAQ page to answer basic questions. Submitting a ticket is an option if the query is more specific. Plus, they have live chat and email support, with experts available to help. Also, they have social media channels such as Twitter and Telegram to get guidance quickly.
The crypto community has many novice investors. Bitrue provides them with technical advice. There is a community forum where experienced users share tips and advice. Furthermore, newbies can join conversations about digital currencies.
To summarise, Bitrue gives many options for getting help. There are also resources beyond their website – making customer service fast and easy.
Frequently Asked Questions
Q: What is Bitrue Exchange?
A: Bitrue is a cryptocurrency exchange that offers a secure and easy-to-use platform for trading digital assets. It is one of the most trusted exchanges in the industry, with a focus on providing users with a secure, reliable, and convenient trading experience.
Q: What are the fees associated with trading on Bitrue?
A: Bitrue charges a flat 0.1% trading fee for all digital asset trades. There are also withdrawal fees associated with each cryptocurrency, which can be found on the exchange’s website.
Q: Is Bitrue Exchange safe?
A: Yes, Bitrue employs advanced security measures to ensure the safety of user funds. It also has a variety of features to protect users, such as two-factor authentication, cold storage, and anti-phishing measures.