Bitrue exchange
2018
Not available
https://www.bitrue.com/
85-100
Cryptocurrencies, Credit Card (through Simplex), Wire transfer (through Legend Trading, or Trust Token)
yes
yes
yes
yes
no
no
yes
no
no
Bitrue offers competitive fees compared to other exchanges. Fees vary by coin/token and are transparently displayed on their website. Maker/taker fee is normally 0.098, but can be up to 0.28%.
The fee for fiat deposits varies by payment method / The fee for fiat withdrawals varies by payment method
Fees vary
0.098% / 0.098 %
Yes, Bitrue offers fee discounts based on the amount of BTR a user holds
Ethereum: 0.01 ETH
Tether: 2.6 USDT
Binance Coin: 0.05 BNB
Cardano: 1 ADA
Solana: 0 SOL
Ripple: 0 XRP
Polkadot: 0 DOT
Dogecoin: 0 DOGE
Shiba Inu: 0 SHIB
Stellar: 0.01 XLM
Litecoin: 0.001 LTC
Level 1 requires an email confirmation, Level 2 requires a government-issued ID and a selfie
KYC Level 1 requires an email confirmation, and Level 2 requires a government-issued ID and a selfie. This allows users to deposit and withdraw in fiat.
required
no
yes
yes
yes
no
50x
yes
yes
no
yes
no
no
no
yes
no
no
Bitrue offers advanced order types like MA, BOLL, and SAR.
yes
yes
yes
no
yes
no
no
Bitrue offers a variety of options to earn interest on cryptocurrencies. These include staking, liquidity farming, and crypto lending. In addition, their Learn section provides educational resources for users to learn more about the cryptocurrency ecosyst
yes
yes
yes
yes
Most countries except for a few, including the United States
Iran, North Korea, Libya, Syria, Sudan, Afghanistan, and others listed on their website
Get up to 1000 USDT -
Bitrue exchange review
Bitrue exchange is a digital asset trading platform that allows users to buy, sell, and trade cryptocurrencies like Bitcoin, Ethereum, and Ripple, among others.
One of the key features of Bitrue exchange is its intuitive user interface that makes it easy for both novice and experienced traders to navigate the platform. This makes it a fairly good exchange for beginners.
Currently it is possible to trade more than 700 different cryptocurrencies.
Bitrue bonuses - get up to 1000 USDT
Bitrue welcome bonus change all the time, so be sure to keep an eye on their website. But at the time of writing they offer up to 1000 USDT for doing various tasks from depositing to trading.
But as with any crypto exchange, we recommend you not create a new exchange account because of the bonuses, but base your decision on other factors.
Bitrue exchange safety and regulation
Is Bitrue exchange safe to use?
Bitrue exchange is safe to use as it employs robust security features such as two-factor authentication, encryption, and other measures to ensure the safety and security of accounts and funds.
Bitrue licenses
At this time I haven't been able to find sufficient information to say whether Bitrue has any licenses or not.
However, this is not anything new when it comes to crypto exchanges.
Bitrue exchange account security options
Bitrue exchange account security options include two-factor authentication, browser detection, and IP whitelisting.
Deposits & withdrawals on Bitrue exchange platform
What deposit options does Bitrue offer? And what are the withdrawal methods?
How to deposit money into Bitrue exchange?
Currently the main deposit method is cryptocurrency. Additionally you can also use third-party payment options to buy crypto directly.
Please note that it is not possible to deposit or withdraw fiat currencies right now.
How to withdraw from Bitrue exchange?
To withdraw from Bitrue exchange, you can simply navigate to your profile and initiate a withdrawal request.
Currently you can withdraw only cryptocurrencies.
Please note that before you can withdraw any assets you need to secure your account by 1) setting asset password 2) bind Google Authenticator and 3) bind your email.
Does Bitrue exchange have a withdrawal limit?
Bitrue exchange imposes withdrawal limits that vary depending on the user's level of verification.
Limit for level 1 verified users is up to 2 BTC per day while level 2 verified users can withdraw up to 500 BTC/day.
For unverified users, the withdrawal limit is lower.
Bitrue exchange fees
What are Bitrue fees like? High? Low? Let's check it out.
Deposit fees
Bitrue exchange does not impose deposit fees on users. If you decide to use third-party deposit options, there obviously are some fees involved.
Withdrawal fees
Bitrue exchange imposes withdrawal fees depending on the currency being withdrawn. Sample fee for withdrawing ADA is 1 ADA, for BTC it's 0.0005 BTC.
Trading fees
Bitrue charges a trading fee up to of 0.2%, but the exact fee depends on the pair and your trading volume. So it can be way lower in some cases.
How high leverage does Bitrue exchange offer?
You are offered up to 125x leverage on Bitrue Futures.
Bitrue exchange KYC
Is KYC mandatory for trading on Bitrue?
Do you have to verify your account on Bitrue exchange?
Users are generally required to verify their accounts on Bitrue exchange. However, up to a limit, it is possible to trade on the platform without KYC as well.
How to verify your Bitrue exchange account?
To verify your Bitrue exchange account, you need to provide your full name, date of birth, physical address, and a valid government ID. That's for Level 1 verification. For level 2 verification you need to provider your address.
Why and when should you verify your Bitrue exchange account?
You should verify your Bitrue account to access higher withdrawal limits and other advanced features of the platform.
Bitrue app
Bitrue exchange has a mobile app that is available for download on both iOS and Android devices. The app provides you with real-time access to the platform, enabling you to execute trades, access price charts, and stay updated with market news and events.
Bitrue exchange earn
Bitrue offers you the opportunity to earn interest on your cryptocurrencies through its earn program.
Available earn options include staking, crypto loans and also something called Power Piggy.
Bitrue exchange Customer support
Bitrue offers robust customer support to users through various channels, including email, live chat, and social media platforms.
The email address to send support requests to it support@bitrue.com.
Pros and cons of using Bitrue exchange
Pros | Cons |
|---|---|
Intuitive and user-friendly interface | No fiat |
Robust security measures | No license |
Good amounts of cryptos | |
Fairly low fees |
Is Bitrue exchange simple to use?
Yes, Bitrue exchange is simple to use, thanks to its intuitive interface and comprehensive trading tools.
What do traders think about Bitrue exchange based on reviews and comments on other websites?
Based on Bitrue reviews and comments on other website, the feelings are mixed. There are many people who claim to have had problems on the platform with withdrawals as well as withdrawal fees while there are the others who really like it and haven't had any issues while trading on the platform.
Final Thoughts
In conclusion, Bitrue exchange is a dependable and exchange that offers users an array of features and benefits. Although Bitrue exchange imposes withdrawal limits for unverified users, it is overall a secure, efficient, and user-friendly platform that is ideal for both novice and experienced traders.
Top 3 Alternatives to Bitrue
If this exchange is not for you, find alternative exchanges for beginners below:
I became interested in cryptocurrencies only a bit more than two years ago. Since then I have been in investing in cryptos using different exchanges. And I also launched Cryptolorium.com when I started trading, just to share my crypto journey and my results.