Bitrue Institutional Verification

Exploring Bitrue Exchange: A User-Friendly Platform for Cryptocurrency Trading and Investing

I. Introduction

Welcome to the world of cryptocurrency! With the rapid rise of digital currencies, various platforms have emerged to meet the increasing demand for trading and investing in these digital assets. One such platform that has gained popularity is Bitrue Exchange. We will be discussing the features and fees of Bitrue Exchange, as well as trading pairs and supported cryptocurrencies in this article.

II. II.

Bitrue, a Singapore-based cryptocurrency exchange, was established in 2018. It aims to provide users with a secure, user-friendly, and cost-effective platform for trading and investing in cryptocurrencies. It is accessible worldwide, with a strong emphasis on customer service, security and user experience.

III. III.

Bitrue’s Platform has a User-Friendly Interface. This makes it simple for both novice and expert traders to use the platform and make trades.

High Liquidity: Bitrue boasts high liquidity, ensuring that users can execute trades quickly and at the best possible prices.

Low Trading Fees: Bitrue offers competitive trading fees, which are lower than many other exchanges in the market.

Multilingual support: The platform supports multiple languages to cater to a global user base, making it easier for non-English speakers.

API Integration: Bitrue offers API integration for developers and traders who wish to build custom trading tools and bots.

IV. IV.

These are the steps to get started trading on Bitrue

Visit the Bitrue website and click on “Register” to create an account.

Complete the captcha verification by filling in the required information such as password and email.

Click on the link in your email to verify your email.

Set up two-factor authentication (2FA) for added security.

Complete the KYC (Know Your Customer) verification process, which is mandatory for certain activities, like withdrawals.

Start trading by depositing funds to your account.

V. Supported Cryptocurrencies

Bitrue supports a wide range of cryptocurrencies, including popular ones like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and many more. The platform constantly adds new coins, so users always have access to the most exciting projects in crypto.

VI. VI.

Bitrue offers numerous trading pairs, with most cryptocurrencies paired against BTC, ETH, XRP, and BTR. This provides users with various options and flexibility when trading their digital assets.

Bitrue charges an flat 0.098% fee to both takers and makers, making it one the most competitive exchanges for trading fees. Additionally, users who hold Bitrue’s native token, BTR, can enjoy discounted trading fees depending on the amount of BTR they hold in their account.

VII. VII. Security Measures

Bitrue is serious about security and has taken several steps to ensure that users’ information and assets are protected. These measures include:

Cold Storage: The majority of funds are kept in cold wallets that are offline and are less vulnerable to hacking attempts.

Multi-Signature Wallets: Bitrue uses multi-signature wallets for added security, requiring multiple approvals before transactions can be processed.

Two-Factor Authentication (2FA): Users are required to enable 2FA to access their accounts, adding an extra layer of protection.

Anti-Phishing measures: Bitrue uses anti-phishing methods to protect users’ information and prevent phishing attacks.

VIII. VIII. Customer Support

Bitrue offers responsive and helpful customer support through various channels, including live and social media platforms like Twitter and Telegram. Support is available 24 hours a day to answer any questions or problems users may have.

IX. Bitrue Mobile App

Bitrue offers a mobile app for iOS and Android that allows users to trade, manage and monitor their portfolios from anywhere. It has a simple interface, and all of the functionality available in the desktop version. This allows for seamless trading across platforms.

X. Bitrue Coin (BTR)

Bitrue Coin (BTR) is the native utility token of the Bitrue ecosystem. Holding BTR in your account offers several benefits, including:

Discounted trading fees

Higher interest rates in the Power Piggy program

Increased loan-to-value (LTV) ratios in Bitrue Loans

Access to exclusive events and promotions

XI. Power Piggy

Power Piggy, Bitrue’s passive income program, allows users to earn interest from their cryptocurrency holdings. Users can deposit their coins into Power Piggy, and Bitrue distributes the interest generated daily. BTR holders get preferential rates, as the interest rates are subject to change depending on cryptocurrency demand.

XII. Bitrue Loans

Bitrue Loans, a crypto-backed lending platform that allows users to borrow money using their cryptocurrency holdings. Users can access liquidity from their assets through this service. The interest rate and loan-to-value ratio (LTV) depend on the cryptocurrency being used as collateral. Holding BTR can increase LTV and lower interest rates.

XIII. Bitrue Ambassadors Program

Bitrue Ambassadors Program rewards users who promote the platform and helps to grow the community. Ambassadors may earn BTR tokens or other rewards for hosting events, creating content, and helping with community management.

XIV. Pros and Cons

Pros:

User-friendly interface suitable for both beginners and experienced traders

Wide range of supported cryptocurrencies and trading pairs

Competitive trading fees and discounts for BTR holders

Strong security measures in place

Responsive customer support available 24/7

Passive income opportunities with Power Piggy

Bitrue loans and crypto-backed loans

Cons:

KYC mandatory verification required for certain activities

Regulator restrictions may not allow all countries to be supported

Conclusion

Bitrue Exchange is a reliable and user-friendly platform for trading and investing in cryptocurrencies. With its wide range of supported coins, competitive fees, and various features like Power Piggy and Bitrue Loans, it caters to both beginners and experienced traders. Bitrue is still a great option for anyone looking to get into the world of digital assets, despite some restrictions.

XVI. FAQs

Is Bitrue Exchange safe to use? Bitrue has taken various security measures to protect information and assets, including cold storage and multi-signature wallets.

Does Bitrue offer a mobile app? Yes, Bitrue has a mobile app available for both iOS and Android devices, allowing users to trade and manage their accounts on the go.

What are the trading fees on Bitrue Exchange? Bitrue charges an annual flat 0.098% fee to both takers and makers. Users who hold BTR can enjoy discounted trading fees depending on the amount of BTR in their account.

What is Power Piggy? Power Piggy, Bitrue’s passive income program, allows users to earn interest from their cryptocurrency holdings by depositing them in the program.

Do I need to complete KYC verification to use Bitrue? KYC verification is required for certain activities such as withdrawals. You can trade or deposit funds even if you have not completed the KYC process.

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