How To Swap Coin On Bitrue

Exploring Bitrue exchange: A user-friendly platform for cryptocurrency trading and investing

I. Introduction

Welcome to the world of cryptocurrency! Many platforms have emerged to cater for the growing demand for digital currencies. One such platform that has gained popularity is Bitrue Exchange. In this article, we will explore Bitrue Exchange in-depth, discussing its features, supported cryptocurrencies, trading pairs, fees, and more.

II. What is Bitrue Exchange?

Bitrue, a Singapore-based cryptocurrency exchange, was established in 2018. It is a platform that allows users to trade and invest in cryptocurrency. The platform is available globally, with a strong focus on customer service, security, and user experience.

III. Bitrue Exchange Features

User-friendly Interface: Bitrue’s platform is designed with a user-friendly interface, making it easy for beginners and experienced traders alike to navigate and execute trades.

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

Bitrue has low trading fees: Bitrue charges lower trading fees than other exchanges on 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 provides API integration to developers and traders who want to create custom trading tools and bots.

IV. IV.

These are the steps to get started trading on Bitrue

To create an account, visit the Bitrue website. Click on “Register”.

Fill in the necessary information, such as email and password, and complete the captcha verification.

Verify your email by clicking on the link sent to your inbox.

For added security, set up two-factor authentication (FA2)

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

Deposit funds into your account and start trading.

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. In addition, the platform continually adds new coins to its offering, ensuring that users have access to the latest and most promising projects in the crypto space.

VI. Trading Pairs and Fees

Bitrue has many trading pairs. Most cryptocurrencies can be paired with BTC, Ethereum, 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. Users who have Bitrue’s native token BTR can receive discounted trading fees depending upon the amount of BTR in their account.

VII. VII. Security Measures

Bitrue takes security seriously and has implemented several measures to protect users’ assets and information. These measures include:

Cold Storage: Majority of the funds are stored in cold wallets, which are offline and less susceptible 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): To access their accounts, users must enable 2FA. This adds an additional layer of protection.

Anti-Phishing Measures: Bitrue employs anti-phishing measures to prevent phishing attacks and protect user information.

VIII. Customer Support

Bitrue offers responsive and helpful customer support through various channels, including live and social media platforms like Twitter and Telegram. The support team is available 24/7 to assist users with any issues or queries they may have.

IX. Bitrue Mobile App

Bitrue has a mobile app available for both iOS and Android devices, allowing users to manage their accounts, trade, and monitor their portfolios on the go. The app features a user-friendly interface and retains all the functionalities available on the desktop version, ensuring a seamless trading experience across platforms.

X. Bitrue Coin, (BTR).

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

Discounted trading fees

Higher interest rates for the Power Piggy Program

Bitrue Loans: Higher loan-to-value ratios

Exclusive events and promotions available

XI. Power Piggy

Power Piggy is Bitrue’s passive income program that allows users to earn interest on 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. This service provides a way for users to access liquidity of their assets. The loan-to-value (LTV) ratio and interest rates depend on the type of cryptocurrency used as collateral, and holding BTR can increase the LTV ratio and lower interest rates.

XIII. Bitrue Ambassadors Program

The Bitrue Ambassadors Program aims to grow the Bitrue community by rewarding users who actively promote the platform. Ambassadors can earn BTR tokens and other rewards for their efforts in creating content, hosting events, or assisting with community management.

XIV. Pros and cons

Pros:

Both novice and experienced traders will find it easy to use the user-friendly interface

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

Power Piggy offers passive income opportunities

Bitrue loans and crypto-backed loans

Cons:

Mandatory KYC verification for certain activities

Not all countries are supported due to regulatory restrictions

Conclusion

Bitrue Exchange offers a safe and easy way to invest in and trade 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. While there are some limitations due to regulatory restrictions, Bitrue remains an attractive option for those looking to enter the world of digital assets.

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.

Bitrue offers 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 charges 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 is Bitrue’s passive income program that allows users to earn interest on their cryptocurrency holdings by depositing them into the program.

To use Bitrue, do I have to submit KYC verification? KYC verification is mandatory for certain activities, such as withdrawals. However, you can still trade and deposit funds without completing the KYC process.

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