Founded in 2018 and based in Singapore, Bitrue has established itself as a reliable centralized platform for trading cryptocurrencies. To date, the exchange has over 229 thousand registered traders from all over the world, providing them with the opportunity to trade 594 coins and 848 trading pairs. Bitrue's daily trading volume reaches $2,163,453,519, indicating significant activity on the platform.
Trading Opportunities and Tools
Bitrue offers its users a wide range of trading options, including a variety of trading pairs divided into four main groups: BTC, ETH, XRP, and USDT. It gives traders flexibility in choosing strategies and managing their portfolios. The platform also provides an intuitive interface with the ability to customize the colors of the charts and various time intervals for analysis from 1 minute to 1 week.
Fees
Bitrue charges relatively low fees for makers and takers, which is just 0.098%. The same trading fee is charged for futures trading - 0.098%, which is slightly higher than commissions on other crypto exchanges.
Deposit and Withdrawal Methods
Bitrue allows for only cryptocurrency transactions and does not support fiat currencies. More than 100 different types of cryptocurrencies are available for deposits and withdrawals. To fund an account, users must select the coin and enter their crypto wallet address. The same process applies to withdrawals. The exchange sets limits on withdrawals without account verification - 2 BTC or the equivalent in another cryptocurrency.
Security and Restrictions
The exchange implements security measures and demands user verification to access the whole range of functions and services on its platform. Users who need to withdraw large amounts daily, mandatory pass the KYC verification procedure.
Bitrue complies with international laws and limits its services in some countries because of regulatory considerations. These are the U.S., China, Korea, Japan, Iran, and some other countries and regions including Ontario in Canada. Besides, the exchange does not serve clients from regions that fall under sanctions by the U.S. Department of Treasury's OFAC, including but not limited to North Korea, Iran, Cuba, Russia, etc.
Bitrue is a cryptocurrency exchange that meets the requirements of a wide range of users. With its help, both beginners and experienced traders can conduct effective trading using convenient tools and strategies. The exchange maintains a high level of security and provides flexible options for managing cryptocurrency assets.
Co-founder of Legend Trading | Serial entrepreneur | Investor