The platform boasts multi-layered systems to protect data and assets. If the coin you want does not appear on the DEX, you can refer to. There's no denying that some cryptocurrency traders have become millionaires thanks to their successful investments. This is after many tests and trials, including pseudo attacks and RO tests. It was founded in 2018 and is available in most countries around the world (but not in the United States). Links provided to third-party sites are also not under Binances control. Other countries that are forbidden to use the Bitrue platform are China and counties on the OFAC list. The Power Piggy feature allows users to earn by investing their crypto in the exchange. Khashayar discovered Bitcoin back in 2014 and has since spent countless hours researching the different use cases of cryptocurrencies. You can buy, sell, borrow and invest in crypto using this versatile platform. OTC traders who use the third-party service, Legend Trading, have a minimum limit of $500 and a maximum limit of $1 million. Although the majority of features on the desktop platform also exist on the mobile application, traders will struggle to utilize complex strategies as the mobile charting tools are limited to simple crypto indicators like RSI, SMA, and MACD. 1. It is currently the second-best platform after Binance for XRP. Merchants We have gathered some of the best merchants that accept crypto in one place. Based in Singapore, Bitrue is one of the most trusted and commonly used crypto exchanges. You can borrow bitcoin on the platform, and it will be reflected in your best crypto wallet. Bitrue also has a multi-signature cold wallet that you can use to increase the security of your assets. You will need to connect your Ledger or Trezor to MyEtherWallet or MyCrypto. Step 2: Enter the number you want to sell. Verified users also have to use the 2FA feature to secure their accounts. You can deposit by choosing your preferred coin and either use the address or the QR code to make the deposit. Bitrue is available in eight languages. Security experts suggest that there is a need for security improvement. Users can either use the website or the app for mobile phones to buy. The fees for the most widespread trading pairs (such as XRP/BTC, XPR/USDT, XRP/ETH) are 0.2%, while other flexible payment methods, including ETH and USDT Trading pairs, are charged with a 0.098% fee. BTC Fiat: USD Price Original Price Total Charge (Fee Include): Buy Now Powered by: Why Credit Card? Bitrue Reviews Stake BTR For Lockup Caps. Ensure that your device is internet-enabled. Related: South Korean crypto exchange GDAC hacked for nearly $14M. Cointelegraph covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money. Referring and inviting a new user brings referral bonuses. Here are the. Similar to buying, selling is an intuitive process. The website has numerous automated pages and sections to help resolve any functionality problem to solve the fundamental issues. Bank address: 565 Fifth Avenue New York NY 10017, USA. There will be a separate wallet for each currency. It is one of Ripples recommended exchanges for the crypto trading platform and XRP trades. Bitrue is both a fiat to crypto and crypto to crypto exchange. Cryptocurrency prices are subject to high market risk and price volatility. Designed for iPhone 4.2 943 Ratings Free iPhone Screenshots Join millions of users around the world at Bitrue - the leading crypto exchange for hundreds of mainstream currencies and altcoins! As a platform with a highly responsive and smooth user interface, one can also keep up with the latest news about their highly volatile and digital assets. Bitrue is the most secure and advanced online platform for buying, selling, transferring, and storing digital currency. The live price of Bitrue Coin is $ 0.0252318 per (BTR / USD) today with a current market cap of $ 3.32M USD. It has a circulating supply of 131.42M. Hey all, I deposited some crypto to a new Bitrue account that I created last week. Install your crypto wallet of choice on your computer. Bitrue uses XRP as its base currency, offering many trading pairs involving XRP. 1) Navigate to your 'Accounts' section of the app. You can open a Bitrue account in the US, except for New York and Texas. If you would like to buy Bitrue Coin, which is currently not listed on Binance, you can follow the step-by-step guide below. The exchange provides a limited number of ways to fund your user account using fiat money. However, OTC traders may find it complicated due to the use of a third-party crypto firm. The exchange lets investors buy, sell and exchange a huge variety of cryptocurrencies. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. The wallet address submitted has been flagged by our system as high risk. It's now been over 5 days and my transaction is still being "processed". Our news coverage spans the whole crypto-sphere so youll always stay up to date be it on cryptocurrencies, NFTs, ICOs, Fintech, or Blockchain. Traders can now transfer their desired amounts (in wide variety) without any issues with the business profits that high charges might diminish. There are also over 500 trading pairs available on the spot market. Bitrue is an all-in-one platform where users can use their Bitrue accounts to buy/sell, exchange, and deposit/withdraw crypto, and blockchain-based digital assets. What's not as often discussed is the great number of people who have lost significant sums trying to become rich by investing in crypto. However, the pair-based fee structure present on Bitrue is likely confusing for new users. This material should not be construed as financial advice. 75.8% of retail investor accounts lose money when trading spread bets and CFDs with this provider. Since launching in 2012, Bankless Times is dedicated to bringing you the latest news and informational content within the alternative finance industry. Buying and selling crypto on Bitrue using other crypto and a credit card is simple enough for beginners. Consider this similar to a wire transfer backed by crypto and not your traditional bank (traditional wire transfers are not supported). Mobile apps can also exchange Bitcoin, USDT, XRP, Ethereum, Litecoin, and dozens of different altcoins following the web-based functionalities. Once you log in to your Bitrue account, you can simply choose the cryptocurrency you are in the market for. "@type": "Answer", and highlighting trending digital assets available to trade on the exchange. The content expressed on this page is not intended to be and shall not be construed as an endorsement by Binance about the reliability or accuracy of such content. You can store coins on exchanges after purchase but we recommend using a dedicated wallet for security and long term storage. The exchange was temporarily down until the affected accounts were stopped, and authorities took action. You may refer to the wallets support page for reference. Purchasing crypto on the platform doesnt require KYC verification. This is a decent number by any comparison from the global average. The exchange does not state whether they charge for crypto deposits. The Bitrue team is led by a senior management team from Capital One. This native token has been improvised and is now based on the XRP blockchain ledger. Users in the US can use ACH bank transfers, while international clients can use wire transfers. Yes, users that buy crypto and withdraw fiat currency on the platform using a third-party provider will need to complete KYC. The fees offered by Bitrue are slightly better than the industry average. With flexible payment methods and no delivery deadline, borrowing Bitcoin is a convenient and easy process. },{ As previously reported, hackers have been increasingly opting for decentralized finance (DeFi) hacks over the past few years, slightly moving away from traditional centralized exchanges. There are daily payouts with no lockup period. There was also another security breach involving Ethereum Classic in 2019. Founded in Singapore in 2018, Bitrue is a major centralized cryptocurrency exchange, trading nearly $2 billion in crypto per day on average, according to data from CoinGecko. One-stop trading platform Bitrue use blockchain and new technologies to allow all users to access fair financial services. Trade Cryptocurrency Derivatives on MT4 and MT5. The companys website has undergone breaches, though they stay functional and competitive with more than 4.2 millions users accounts. To know the full fee structure it is highly recommended to check out the details on its. It is one of Ripple's recommended exchanges for the crypto trading platform and XRP trades. Bitrue also has social media platforms such as Telegram and Twitter, which are faster means of getting responses from the support team than sending emails. Bank Name: Signature Bank. The exchange supports 789 coins that users can deposit. Is There an Alternative to Crypto Brokers? You also have the option to take a leveraged position when using crypto CFDs, depending on your location in the world. SWIFT code: SIGNUS33XXX (Only use it if your bank is outside of the U.S.) You can find the same information as above from our OTC deposit page anytime. { Bitrue Exchange is an unregulated cryptocurrency trading platform allowing customers to buy and sell Bitcoin and other crypto assets safely and securely. Any transaction for buying is a simple and easy process. It supports over 500 trading pairs. "acceptedAnswer": { These new wallets are multi-sig and contain within them an amount of assets that exceeds the value of the coins that remain within our hot wallets at any one time. Bitrue is a crypto exchange and a digital asset management platform. 19. Bitrue offers a digital loan that is based on blockchain and backed by crypto. Supported Fiat Currencies and Deposit Methods, Bitrue Supported Cryptos and Trading Pairs. It also comes with the ability to do as many transactions as needed between the respective currencies. Join us to enjoy free transaction fee and withdraw fee compensation. Step 1: After login, Use the buy/sell panel to select the cryptocurrency you want to sell. Keep in mind that the fees are constantly fluctuating throughout the market. These perpetual contracts offer you a chance to increase your risk exposure through leverage. Visa and Mastercard are the credit cards accepted on the platform. This applies if the trade size is less than $50,000. ", The reward will be distributed to each user's Bitrue account within 7 days after the event ends. Fiat currencydeposits are not supported by this platform. Bitrue is a crypto exchange and a digital asset management platform. Once you buy your Ethereum, go to your Binance wallet section and look for the Ethereum you purchased. Crypto exchanges have previously spread their functionalities over various apps, but Bitrue brings it all to one platform. In the first three months of 2022, crypto exchange hacks accounted for just 3% of all crypto stolen, while 97% was taken from DeFi protocols, according to data from Chainalysis. Bitrue has added support for popular tokens such as DOGE, SAFEMOON, SHIB, SOL, HBAR and others with an Annual Percentage Rate (APR) of up to 15%. In simpler words, you will likely be paying 3.5% if you are a high-volume trader. He started HedgewithCrypto to publish informative guides about Bitcoin and share his experiences with using a variety of crypto exchanges around the world. The top pairs by volume are: Ethereum (ETH) - ETH/USDT, ETH/BTC, ETH/USDC. If you want to learn how to buy on Bitrue, follow the bellow guidelines: Go on the official Bitrue website and sign up for an account, Enter your details and provide ID for KYC/AML regulation purposes, Deposit funds or cryptocurrency. How do i find my recovery phrase on crypto.com? Can I withdraw from Bitrue to my bank account? Each time the transaction occurs, the original creator gets a percentage of the amount. In order to transfer my money back to my wallet, I have to add more funds to get to the minimum transfer amount! How do I move my crypto to a cold wallet? Below, weve compared the fees between Bitrue and a few leading exchanges. Borrowers can pledge over 30 currencies in exchange for popular crypto like BTC that can be sold or invested quickly. International wire transfer will take between 2 to 4 business days. Bitrue supports various cryptocurrencies and other blockchain-based assets that you can buy from your account. Spot: 0% (maker) / 0.2% (taker), Futures: 0.02% (maker) / 0.06% (taker), XRP-focussed trading platform with over 50 XRP trading pairs, Advanced trading platform with Tradingview charts, Competitive trading fees between 0.098% and 0.28%, Supports crypto staking and loans to earn interest on funds, Previous security incidents that resulted in loss of customer funds, Limited information on its compliance to regulations and licensing information. Notes: Bitrue provides the most perfect wallet service to ensure that you use and receive digital currencies safely, like BTC, LTC, ETH. We provide exchanges of Bitcoin, Bitcoin Cash, Ethereum, USDT and Litecoin with fiat currencies worldwide. A group of enthusiasts established Bitrue with a focus on cryptocurrency trading. In which case, the exchange offers significant discounts on the trading fees. More than 3,000 assets, including currencies, stocks, cryptocurrencies, ETFs, indices and commodities, Buy crypto, or trade cryptocurrencies via CFDs. Standing the test of time, Bitrue has succeeded in being the platform of choice for a vast consumer base. Bitrue's New Insurance Wallet Is Live 5 months ago Updated Dear Bitruers, As we previously promised, we have now finished establishing our new wallets containing our insurance funds. What are fan tokens, and how do they work? The information about a specific cryptocurrency exchange or trading platform in reviews and guides may differ from the actual providers website. For example, if you use TrustWallet wallet, you can go to 1inch to make the transaction. For more information, please refer to our. Bitrue is a cryptocurrency management platform for Bitcoin, XRP, and more. } Transfer your private keys from your hot wallet to your cold wallet. However, customer support needs more in-depth support articles for troubleshooting issues. 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