Bitrue review: Bitrue is a cryptocurrency exchange platform that provides a wide range of services for trading digital assets. Established in 2018, Bitrue has quickly gained popularity within the crypto community due to its user-friendly interface, extensive coin selection, and strong security measures.
One of Bitrue's key features is its comprehensive selection of cryptocurrencies available for trading. The platform supports a vast array of coins, including major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC), as well as numerous altcoins and emerging tokens. This diverse range of options allows traders to explore various investment opportunities and diversify their portfolios.
Bitrue places significant emphasis on security and employs robust measures to protect user funds. The platform utilizes cold storage for the majority of its digital assets, keeping them offline and out of reach from potential hackers. Additionally, Bitrue employs two-factor authentication (2FA) and email confirmation for withdrawals, providing an added layer of security to user accounts.
📅 Year of Establishment | 2018 |
💱 Coins: | 67+ |
💰 Min deposit | From $1 |
⚖️ Leverage | 1:125 |
💹 Trading fees | From 0% |
💳 P2P platform | ✅ |
📱 Mobile apps | iOS, Android |
🗺️ Headquarters | Singapore |
Overall Bitrue Review
In summary, Bitrue is a cryptocurrency exchange platform that offers a wide selection of cryptocurrencies, multiple trading options, strong security measures, and a user-friendly interface. With its commitment to innovation and user satisfaction, Bitrue has established itself as a prominent player in the crypto industry, attracting both beginners and experienced traders alike.
Go to Bitrue website
Top Reviews
Best customer reviews of Bitrue
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First of all, the wide choice of cryptocurrencies is impressive. I can easily trade all major coins, such as Bitcoin, Ethereum and Ripple, as well as explore new and emerging tokens. The platform's user-friendly interface makes trading easy even for newbies like me. Bitrue's security measures also give me peace of mind. Their cold storage system and strong authentication methods keep my funds safe. Overall, Bitrue has provided me with a seamless and secure trading experience.
Bitrue is a decent exchange. The range of coins available is satisfactory, allowing users access to popular cryptocurrencies as well as several altcoins. The interface is relatively simple, but it could benefit from some improvements in terms of customization and advanced trading tools. While the security measures are generally reliable, some users have reported occasional delays in withdrawals. In addition, support response times can be slow during peak periods. While Bitrue meets basic trading requirements, it could improve the user experience by addressing these shortcomings.
Some popular tokens were not represented on the platform, which limited my trading experience. Second, the user interface is clunky and unintuitive. It took me a while to navigate and execute trades smoothly. In addition, I had difficulties with the support team. When I had a withdrawal problem, the support team responded to me slowly and to no avail. Overall, Bitrue did not meet my expectations in terms of coin selection, usability, and customer service. I would recommend considering alternative platforms with better offers and support.
Expert Review
Expert Review of Bitrue
Bitrue exchange has demonstrated a commendable level of reliability within the cryptocurrency industry. As a financial expert, I have closely analyzed its operations and can confidently say that Bitrue has established itself as a trustworthy and dependable platform.
One of the key factors contributing to Bitrue's reliability is its strong security measures. The platform employs cold storage for the majority of its digital assets, ensuring that user funds are kept offline and protected from potential hacking attempts. Additionally, Bitrue implements two-factor authentication (2FA) and email confirmation for withdrawals, further enhancing the security of user accounts. These measures instill confidence in users, knowing that their assets are safeguarded.
Furthermore, Bitrue has demonstrated resilience and stability in its operations. Despite the volatility of the cryptocurrency market, the platform has consistently provided uninterrupted services, ensuring that users can access and trade their digital assets without disruptions. This reliability is crucial in the fast-paced world of cryptocurrencies, where timing and availability can greatly impact trading opportunities.
Bitrue's commitment to regulatory compliance is another aspect that enhances its reliability. The exchange adheres to applicable laws and regulations, conducting necessary Know Your Customer (KYC) procedures and implementing anti-money laundering (AML) measures. This dedication to compliance not only helps protect the platform from illicit activities but also instills trust among users, who can rely on Bitrue to operate within legal frameworks.
In conclusion, Bitrue exchange has proven itself to be a reliable platform in the cryptocurrency market. Its strong security measures, operational stability, regulatory compliance, and transparent approach contribute to its overall reliability. As a financial expert, I can confidently recommend Bitrue to users seeking a dependable and trustworthy platform for their cryptocurrency trading activities.
Risk Warning. Trading on Bitrue, like any other cryptocurrency exchange, carries certain risks that users should be aware of. Firstly, the inherent volatility of the cryptocurrency market itself poses a risk. Prices of digital assets can fluctuate significantly within short periods, leading to potential gains or losses. It is essential for traders to understand the volatility and be prepared for the potential financial implications.
Bitrue Ern
Investment Programs
Bitrue offers several programs that allow users to earn money on the platform:
Remember, the process and specific steps may vary depending on the particular staking program and cryptocurrency you choose on the Bitrue platform. It's essential to carefully read and understand the terms and conditions of each staking opportunity before participating.
Disclaimer: The information provided in this guide is for informational purposes only and should not be considered financial advice. Staking involves risks, and it is important to conduct your own research and consult with a qualified financial
Best Copy Trading Platforms
Conditions
Trading Conditions for Bitrue Users
Bitrue exchange offers a range of trading conditions for its users. The platform provides a proprietary trading platform that is accessible through mobile applications and a browser-based platform. Users can create standard trading accounts and trade with 67 cryptocurrencies as account currencies, including popular options like Bitcoin (BTC), Litecoin (LTC), and Ripple (XRP).
Bitrue supports various methods for depositing and withdrawing funds, including crypto wallets, Visa and MasterCard payments, ACH transfers, and international bank transfers. The platform does not have specific minimum deposit requirements, allowing users the flexibility to deposit funds based on their preferences and trading goals.
Leverage options are available for futures transactions, ranging from 1:1 for trading cryptocurrency pairs to 1:2 to 1:125 for futures contracts. Trading commissions on Bitrue vary depending on the trading pairs, with rates ranging from 0.098% to 0.280% per trade. Users can enjoy a 20% reduction in commission fees by paying with Bitrue Coin (BTR).
Bitrue offers a variety of trading instruments, including cryptocurrencies, futures contracts for cryptocurrencies, and ETFs (Exchange-Traded Funds). Users can explore different markets and trade a wide range of assets within the platform.
The platform does not have specific margin call or stop out levels. However, users engaging in margin trading should closely monitor their positions to manage potential risks.
The company provides mobile trading applications, allowing users to conveniently access and manage their trades on the go. Additionally, the platform offers an affiliate program that allows users to earn referral rewards for attracting new customers to the platform.
It is important for users to review and understand the specific terms and conditions associated with each aspect of trading on the Bitrue platform before engaging in any trading activities.
📅 Year of Establishment | 2018 |
💱 Coins: | 67+ |
💰 Min deposit | From $1 |
⚖️ Leverage | 1:125 |
💹 Trading fees | From 0% |
💳 P2P platform | ✅ |
🔁 Copy Trading | ❌ |
📈 Directives | USDT Futures, COIN-M Futures, USDC Futures, Information, Guide, Trading strategies |
📊 DeFi Staking | ✅ |
🖼️ NFT | ❌ |
🏦 Crypto Loans | ✅ |
🔓 Demo account | ✅ |
🚀 Launchpad | ✅ |
📱 Mobile apps | iOS, Android |
📞 Customer Service | Forums, Chat, Email |
👩💼 Support | Multilingual |
🗺️ Headquarters | Singapore |
Risk Warning
Comparison
Comparison of Bitrue with other Crypto Exchanges
Crypto Exchanges comparison table of trading instruments
Commissions
Bitrue Accounts, Commissions & Fees
Bitrue offers a range of accounts, commissions and fees to suit different trading preferences. Below is an overview:
Accounts: The company provides users with standard trading accounts. Once registered, users have access to their account to manage funds and make trades.
Commissions: Bitrue charges trading commissions, which vary depending on trading pairs. Commissions can range from 0.098% to 0.280% per trade. For those who prefer to pay with Bitrue Coin (BTR), the commission is reduced by 20%.
Fees: The company dynamically adjusts cryptocurrency deposit and withdrawal fees depending on blockchain network conditions. The commission for buying cryptocurrencies for fiat currencies with Legend Trading partner via bank transfer is 0.08%. Transactions via the ACH channel are free of charge. The fee for buying cryptocurrencies for fiat currencies with cards is 5% per transaction or $10 (whichever is greater).
It is important for users to familiarize themselves with the specific terms and conditions related to accounts, commissions and fees on the Bitrue platform, as they are subject to change and vary depending on the user's trading activity and account type.
Users who choose to pay commissions in BTR tokens can receive a 20% discount on commissions for trading on the Bitrue platform.
The trading fees on Bitrue vary depending on the trading pairs. Here is a unique rephrasing of the fee structure:
- XRP/BTC, XRP/USDT, XRP/ETH: 0.2% (without using BTR)
- Other BTC, ETH, and USDT trading pairs: 0.098% (without using BTR)
- XRP trading pairs: 0.280% (without using BTR)
When using Bitrue Coin (BTR) to pay for transaction fees, a 20% discount is applied:
- XRP/BTC, XRP/USDT, XRP/ETH: 0.14% (with BTR)
- Other BTC, ETH, and USDT trading pairs: 0.0686% (with BTR)
- XRP trading pairs: 0.196% (with BTR)
Please note that the trading fees may be subject to change, so it's always recommended to check the latest fee structure on the Bitrue platform.
Coin | TokenFee (Amount) |
ADA | 1 |
AE | 1 |
AION | 3 |
BAT | 41 |
BCH | 0.001 |
BEE | 340 |
BNB | 0.05 |
BNT | 5.94 |
BOX | 45 |
BTC | 0.0005 |
BTT | 100 |
CSC | 1000 |
DASH | 0.002 |
DGB | 100 |
DGD | 0.04 |
DIVI | 52 |
DNT | 237 |
ENG | 14 |
ELF | 82 |
EOS | 0.1 |
ETC | 0.01 |
ETH | 0.01 |
FMF | 200 |
FUN | 337 |
GAS | 0 |
GNT | 68.8 |
GTO | 18 |
GUSD | 1.3 |
HOT | 16517 |
ICX | 1.3 |
IOST | 100 |
Trading cryptocurrencies involves a certain level of risk. The cryptocurrency market is highly volatile, and prices can fluctuate rapidly. It's important to understand that the value of cryptocurrencies can go up or down, sometimes significantly, within a short period. This volatility can lead to potential gains but also substantial losses.
Risk Warning
Final review
Detailed review of Bitrue
Bitrue is a cryptocurrency exchange that was founded in 2018 and is based in Singapore. The exchange offers a comprehensive range of trading services and investment programs for cryptocurrency traders and investors.
The company offers a variety of trading instruments to cater to different trading preferences. Users can trade cryptocurrencies, futures contracts for cryptocurrencies, and ETFs (Exchange-Traded Funds). This wide range of instruments allows users to diversify their portfolios and explore different trading strategies within a single platform.
One of the key features of Bitrue is its wide selection of account currencies. Users can trade with more than 60 cryptocurrencies, including popular options like Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and Ripple (XRP). This allows users to access a diverse range of digital assets and explore different trading opportunities within the platform.
In addition to trading, Bitrue provides various investment programs based on staking and yield farming. These programs allow users to generate passive income by holding and lending their crypto assets. The Yield Farming program offers interest rates ranging from 2% to 114.8% per annum, depending on the freezing period and the specific cryptocurrency. The Power Piggy investment service provides daily interest rates ranging from 1.9% to 20% per annum, allowing users to earn income even before the end of the freezing period.
The trading platform provided by Bitrue is user-friendly and accessible through both mobile applications and a browser-based platform. This ensures that users can trade conveniently from their preferred devices, whether it's a smartphone, tablet, or computer.
Overall, Bitrue provides a comprehensive trading experience with a wide range of account currencies, investment programs, trading instruments, and a user-friendly platform. It's important for users to review the specific terms and conditions associated with each aspect of trading on the platform and conduct thorough research before engaging in any trading or investment activities.
Advantages:
Bitrue offers several advantages for cryptocurrency traders and investors. Here are six key advantages of using Bitrue:
Bitrue Regulator
Bitrue is a cryptocurrency exchange that operates globally, and its regulatory status may vary depending on the jurisdictions in which it operates. Bitrue is registered as a Digital Asset Service Provider (DASP) in Singapore. The exchange is overseen by the Accounting and Corporate Regulatory Authority (ACRA) in Singapore. ACRA is a body under Singapore's Ministry of Finance that regulates companies and businesses.
It is important to note that cryptocurrency regulations and licensing requirements can vary from country to country and region to region. Bitrue may also adhere to measures and compliance rules in the countries where it operates to ensure compliance with local laws and regulations.
Given the dynamic nature of cryptocurrency regulation, it is advisable to check for the latest information on Bitrue's regulatory status and compliance measures from official sources or directly from the Bitrue website. This will provide the most up-to-date and accurate information about the regulatory environment surrounding Bitrue and its operations.
Risk Warning
Promotions
Bonuses Paid by the Bitrue
Bonuses
Bitrue offers various bonuses and incentives to its users. Some of the bonuses that Bitrue provides include:
It's important to note that the availability and details of bonuses and incentives may vary over time and depend on the specific promotions or campaigns run by Bitrue. Users should refer to Bitrue's official website, announcements, or communication channels to stay updated on the latest bonuses and incentives offered by the platform.
Education
Review of the Bitrue Education Program
Bitrue offers an education program designed to provide users with valuable resources and information to enhance their understanding of cryptocurrencies, blockchain technology, and trading strategies. The education program aims to empower users with the knowledge and skills necessary to make informed decisions in the cryptocurrency market. Here is a review of the Bitrue Education Program:
Online Courses:
Bitrue offers three online courses as part of its education program to help users expand their knowledge and skills in the cryptocurrency space. These courses are designed to provide comprehensive training and insights into various aspects of cryptocurrency trading and blockchain technology. Here are the three online courses offered by Bitrue:
These online courses are designed to be self-paced, allowing participants to study at their own convenience. Participants will have access to a variety of learning materials, including video lectures, reading materials, quizzes, and practical exercises. The courses are structured in a way that caters to both beginners and more experienced individuals looking to deepen their knowledge in specific areas.
By completing these online courses, participants can enhance their understanding of cryptocurrencies, improve their trading skills, and gain insights into the broader implications of blockchain technology. The courses provide a comprehensive and structured approach to learning, ensuring that participants receive valuable information and guidance from industry experts.
Best Online Trading Courses
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The Future of DeFi: Trends and Predictions for 2024
-
Advanced Charting Techniques: Using Advanced Chart Patterns to Improve Your Trading Accuracy
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Crypto Security Best Practices: Tips for Keeping Your Digital Assets Safe from Hackers
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Leveraging Fundamental Analysis: Using Economic Indicators to Inform Your Trading Decisions
-
Forex Trading Platforms: Choosing the Right Platform for Your Trading Needs
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The Future of Cryptocurrency: Predictions and Trends for the Next Decade
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Trading Volatility: Strategies for Profiting from Price Swings in Forex and Crypto Markets
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Introduction to Crypto Mining: How to Start Mining Cryptocurrencies at Home
-
Exploring Forex Pairs: Understanding Major, Minor, and Exotic Currency Pairs
-
Crypto Market Analysis: Identifying Trends and Opportunities for Profitable Trading
Rating and Comments
Bitrue Users Reviews 2024
Authors:
Roman Mukhin
Financial expert, analyst and author
Jane Emberg
Financial analyst and editor
The Bitrue user interface is functional and simple. It provides all the necessary features and tools for trading, and can be considered average in terms of usability. However, some aspects can be a bit confusing for newcomers, and it may take some time to navigate and get used to the platform.
Nice platform!
I have encountered problems with order fulfillment on Bitrue. There have been instances where my orders have taken longer to process than expected, resulting in missed trading opportunities. This inconsistency in order execution speed is frustrating and has negatively impacted my trading experience on the platform.
My experience with Bitrue support has been mixed. While they usually respond to inquiries in a timely manner, the quality of assistance can vary. Some issues were resolved efficiently, while others required multiple interactions to find a satisfactory solution. Overall, the customer support provided by Bitrue is average, but there is room for improvement.