Among many crypto exchanges and trading platforms, Bitrue stands apart, and for a good reason. Founded in 2018 by a team of blockchain enthusiasts in Singapore, the platform has been rated by its users as one of the top 6 trustworthy exchanges in the world.
In no time, Bitrue has garnered over 9 million registered users with 2 million of them actively trading more than 700 tradable assets. It has become the preferred exchange for many crypto traders in Southeast Asia and Europe mainly due to its user-friendly interface and top-notch security features which assures peace of mind. Further contributing towards its trustworthiness is Bitrue’s focus on maintaining local presence in as many regions as possible, ensuring that users know where and whom to reach out to, in case of any queries or issues.
The platform has offices in the United States, Europe and Asia Pacific. By way of operating across geographies, Bitrue must adhere to various safety and security requirements. In addition to having mandated safeguards in place, Bitrue goes a step beyond to incorporate some of the cutting edge technical and security infrastructure, under the supervision of renowned cybersecurity experts and experienced management personnel who are no strangers to operations of financial platforms.
Bitrue’s Offerings
Bitrue exchange allows traders to indulge in Spot trading of over 800 frequently traded asset-pairs, with more to be added in the near future. They can also participate in leveraged ETF trades of more than 220 altcoins and another 110+ well-known crypto tokens. The platform also provides derivatives trading feature, where users can participate in perpetual futures and copytrading activities.
Similar to Binance, the Launchpool and Earn offerings on Bitrue provides staking and yield farming opportunities with a potential to generate generous returns.
One of Bitrue’s prized offering is Power Piggy, a unique feature that helps users generate maximum yields from their crypto holdings. It differs significantly from conventional staking platforms by letting the holder remain in control of their investments without any lock-in period. On Power Piggy, depending on the asset, one can earn yields anywhere between 7% and 22%.
Some of the prominent crypto assets on the platform are BTC, XRP ETH, VET, XRP, SGB, ADA, SHIB, GALA, XDC and more. The Spot trading fee on Bitrue ranges from 0.098% to 0.280%. However, users can get a 20% discount if transaction fees are paid in the platform’s own BTR token. Futures trading the platform incurs 0.02% to 0.06% fees.
Usability
Bitrue offers a very familiar interface to the users, similar to those found on most trading platforms. It significantly shortens the learning curve, allowing new users to just jump in and start trading. In case of any doubt or confusion, Bitrue provides sufficient educational resources to navigate through the platform and even learn about the basics of crypto assets and trading.
Security
Bitrue implements a multi-layer approach to secure the accounts and assets on the platform. The security features can be divided into three distinct layers. The first two layers comprising of proactive protection includes policy management and infrastructure protection. The policy management layer focuses on how the data is collected and stored while the infrastructure protection layer concerns itself with wallet infrastructure and asset allocation across different wallets. The third reactive protection layer is a publicly verifiable insurance fund that covers for any unforeseen damages or losses. The insurance fund is transparent with the concerned wallet’s address available for anyone to query.
Support
Bitrue has a robust customer support system in place with a dedicated team available round the clock for VIP customers. The support team can be reached through various channels including email, online tickets and even Telegram.
Conclusion
Bitrue presents itself as an attractive option for both casual and professional crypto traders due to its wide reach, user-friendliness and a plethora of trading options. Crypto traders interested in trying out the new platform are urged to do their own research and when convinced, give it a try.
Sign up on Bitrue at – https://www.bitrue.com/
