Bitrue Review 2023: Is Bitrue A Good Exchange for Beginners?
Today, we’re Going to review One of the crypto Exchange named “Bitrue” Bitrue Review 2023: Is Bitrue A Good Exchange for Beginners? I had shared the Key features, the Rewards, my Honest review & More…
Bitrue has always placed customer safety and security at the core of their operational values. they are the first.
It is the First cryptocurrency exchange to establish an insurance fund with XRP and BTR-denominated funds. Bitrue has been working closely with their partners to provide audited proof of reserves. A third party will conduct this independent audit to ensure that they have ownership of all said assets. All user assets are safe and secure.
Bitrue is one of the world’s leading crypto exchanges using blockchain and emerging technologies to provide customers with a one-stop trading platform. Bitrue enables access to over 700 cryptocurrencies combined with a variety of crypto products and services. As an exchange, Bitrue aims to accelerate crypto adoption by building a foundational ecosystem for the digital assets economy
Some General Features.
• 9 million users
• 2bn in spot (USD equivalent)
• 3bn in futures (USD equivalent)
• Early supporter of many of now largest coins e.g., XRP-Ripple, ADA-Cardano, and…
• First exchange to offer insurance (personally this is the best initiative by them)
• Conservatively run
• Community first
• 70% of our funds are held in our cold wallets
Newcomers Welfare is also Great objective of Bitrue.
My Honest Review:
- Bitrue is the Best Exchange for those those who want to Invest for long-term.
- Also, their Insurance Program is Outstanding.
- The Customer Support is also Good
- The Experience is also Quite Smooth & Simple
- Their Most of the Funds are in Cold wallet so no chance of Anything.
Overall, a Good exchange with Safety, Security & With Huge volume.
Besides, This I am attaching Some of the Best Benefits Provided by them like New-comer benefits, Future as well as Spot Rewards.
New Comer Benefits
If you are a New-comer than you will get this EXCITING REWARDS from them:
- Complete KYC Verification & Get $1 (Futures)
- Just make a First Deposit of More than $100 & You will Get rewards of more than $1000
- In First Trade of Future (>1000) You will receive $10 (futures)
- In first Spot Trade (>1000) You will receive $2 Cash.
Future Rewards & Spot Rewards From Bitrue
If you Complete this tasks than you will Receive Some Trial funds by which you can Trade & Earn profits and as well as Cash.
- If you complete the Transaction Volume of >5000 in 300 trades in Futures than you will receive $5 (futures)
- If you complete the Transaction Volume of >50000 in 300 trades in Futures than you will receive $10 (futures)
- If you complete the Transaction Volume of >5000 in 300 trades in Spot than you will receive $3 (Cash)
- If you complete the Transaction Volume of >50000 in 300 trades in Spot than you will receive $5 (Cash)
Advantages & Disadvantages of using Bitrue Exchange
Advantages
- Ability to trade more than 160 pairs of cryptocurrencies.
- Multi-level account security with two-factor authentication and PIN.
- A trading platform with trading view charts that many traders are familiar with.
- Possibility to start work with any amount that is convenient for you.
- storage of client funds in cold wallets
Disadvantages
- Cryptocurrency trading is done only at the expense of the trader’s funds, without using leverage.
- There is no chat on the site where you can chat with the operator in real-time.
- Fiat cannot be withdrawn.
Key Features of Bitrue
- It offers higher incentives than most competitions. Trading fees for various transactions are also among the lowest in the industry. It is also one of the first crypto exchanges to offer crypto loans, with an expected interest rate of 15% per annum. Allows users to earn interest on their crypto through their service/product called Power Piggy.
- Now, the assets you monitor on most other exchanges can earn more by joining Bitru’s community. Recommended by Ripple Labs (the team that created the XRP cryptocurrency) is undoubtedly a huge ‘go-ahead’ for beginners creating their BitTrue account. There is also a BTR lockup option for storing digital currencies (however, fiat currency depositories are not supported).
- Besides this some other Noteworthy features are Safety & Security of capital, their Trading campaigns.
