bitrue

What is bitrue？

Bitrue, founded in 2018 and headquartered in Singapore, has been steadily gaining ground in the cryptocurrency exchange space by providing a reliable platform for digital asset enthusiasts. It offers diverse trading options including spot trading for basic buy - sell at market prices, futures trading with various contracts for different risk - tolerances, and margin trading for advanced traders to amplify positions. Supporting numerous trading pairs of mainstream cryptos like Bitcoin and Ethereum, as well as many altcoins, it caters to a wide range of users. Security is a top concern, with a multi - layer system featuring cold wallet storage for funds, advanced encryption for data, and real - time risk monitoring. The user - friendly interface has clear navigation and well - organized sections, along with real - time market data, technical analysis tools, and trading signals for informed decisions. Over time, Bitrue has attracted a growing user base and seen rising trading volume, showing its increasing popularity and trust. It also actively expands services and improves features to stay competitive. Overall, Bitrue is a reliable exchange, a great choice for those interested in cryptocurrency trading.

Pros and cons

Regulation

This is true, a valid concern is that Bitrue doesn't have regulation from a big authority. Though registered in Singapore, but the government there doesn't oversee crypto exchanges. Therefore, the choice to use a non-regulated exchange is yours. If regulations matter to you, pick a regulated exchange. But if you're fine with the risks, Bitrue could be an option for you.

Security

Bitrue boasts that it has taken bunch of measures in place to make sure your funds are well-protected.

Two-factor authentication (2FA): Bitrue requires users to enable 2FA for their accounts. This adds an extra layer of security by requiring users to enter a code from their phone in addition to their password when logging in.

Cold storage: Bitrue stores the majority of user funds in cold storage, which means that they are offline and not connected to the internet. This makes them much less vulnerable to attack.

Data encryption: Bitrue encrypts all user data, including passwords and trading history. This makes it much more difficult for hackers to steal user data.

Cryptocurrencies available

Bitrue supports over 700 cryptocurrencies, which gives traders a wide variety of options to choose from. The exchange also lists new cryptocurrencies on a regular basis.

Here are some of the cryptocurrencies that are currently available on Bitrue:

Bitcoin (BTC)

Ethereum (ETH)

Tether (USDT)

Binance Coin (BNB)

USD Coin (USDC)

XRP

Cardano (ADA)

Solana (SOL)

Terra (LUNA)

Avalanche (AVAX)

You can find the full list of cryptocurrencies available here: https://www.bitrue.com/trade/.

Bitrue also lists a variety of altcoins, including meme coins and other small-cap cryptocurrencies. Bitrue adds new coins pretty quickly. When a project team asks, they usually list cryptocurrency within a few weeks. But, the exact time might change based on the coin and if the project follows Bitrue's rules.

Bitrue APP

Join millions of users worldwide on Bitrue, a leading crypto exchange for hundreds of mainstream and alternative coins.

Trade and store popular cryptocurrencies like Bitcoin, Bitcoin Cash, Tether USDT, XRP, Ethereum, Ethereum Classic, and many others. Bitrue offers the following advantages:

Robust Security and Performance: After numerous pseudo - hacking attacks and RO tests, Bitrue has established a network security defense system. It uses all of McAfee's security solutions, is certified by NSFOCUS, and ensures the safety of crypto, trading systems, and user accounts. Advanced multi - layer clustered systems and hot/cold wallet isolation technology safeguard system and asset security. Memory matching technology and a highly elastic, easy - to - deploy cluster architecture ensure seamless order handling.

One - Stop Digital Asset Management: Bitrue is compatible with over 150 currencies and supports storing digital assets such as Bitcoin, Bitcoin Cash, USDT, XRP, Litecoin, Ethereum, and ETC. It provides real - time market monitoring, allowing you to view price, rate of change, volume, and other data indicators to follow market trends. You can also store, convert, transfer, and manage all your cryptocurrencies from anywhere, at any time.

Passive Income Opportunities: Invest in Power Piggy to earn daily interest on your crypto without a lockup period. Locking your coins for longer can increase your APY, with support for over 60 coins including XRP, BTC, USDC, SOL, LUNA, ADA, etc.

DeFi Liquidity Mining: Participate in decentralized finance with Bitrue. No need to manage private keys, perform complex operations, or pay high transaction fees. Just invest with a single tap and earn interest.

Bitrue Loans: Receive instant crypto loans without handling fees. Pledge over 30 currencies to get mainstream coins for trading or investment as you like.

Low Fees: Enjoy the lowest trading fees in the industry, and win bonuses directly deposited into your account through regular events.

How to open an account？

The registration process for Bitrue is simple and straightforward. Here are the six steps:

1. Visit the Bitrue website and click on the “Sign Up” button to begin the registration process.

2. Enter your email address and create a secure password for your account.

3. Verify your email address by clicking on the confirmation link sent to your email.

4. Provide personal information, including your full name, date of birth, and country of residence.

5. Complete the KYC (Know Your Customer) verification by submitting a copy of your identification document, such as a passport or driver's license.

6. Set up additional security measures, such as enabling two-factor authentication (2FA), to further secure your account.

Fees

Bitrue's trading fees vary based on the trading pairs:

When you use BTR for transaction fees, you get a cool 20% discount. Bitrue Coin (BTR) is a special token issued by Bitrue. It works as a kind of currency within Bitrue. BTR helps with various things on the platform like reducing trading fees, funding projects, voting for new coins, wealth management, and loans (coming soon).

With BTR for fees:

With BTR, you can cut down on your trading fees using the current market price.

Deposit & Withdrawal

Bitrue lets you deposit crypto and fiat currency.

Cryptocurrency deposits: You can deposit cryptocurrencies to your Bitrue account by sending them to the deposit address provided by Bitrue. Bitrue does not charge any fees for cryptocurrency deposits. However, the network fees may vary depending on the cryptocurrency you are depositing.

Fiat deposits: Bitrue supports fiat deposits through a variety of third-party payment processors, including:

SWIFT: For fiat deposits through SWIFT transfers, there's a 1% fee.

SEPA: If you use SEPA transfers, the fee is 0.5%.

ACH: ACH transfers cost 0.3% for fiat deposits.

Cards: For credit/debit card deposits via Simplex, there's a 3.5% charge.

Bitrue changes withdrawal fees based on how the blockchain's network is doing. But, they've got standard charges too. For instance, you'd pay around 0.05 for BNB, 0.0005 for BTC, and 0.01 for ETH.

Is bitrue a Good Exchange for You？

bitrue appears to be a good exchange for traders in the following types:

Traders who are looking for a big selection with over 800 cryptocurrencies.

Traders who are aiming to earn rewards by staking.

Traders who care about keeping trading fees low.