Description of Bitrue
About Bitrue
Founded in 2018, Bitrue is one of the world's most advanced cryptocurrency exchanges and management platforms. Bitrue employs blockchain and emerging technologies that enable access to an expansive suite of crypto products, options, and services.
As a digital assets trading platform, Bitrue operates with globalization, specialization, and diversification at its core. Bitrue's mission is to become a key player in making blockchain and digital assets infrastructure available to everyone by enabling users to buy, sell and invest in more than 700 cryptocurrencies.
When Did Bitrue Launch?
Bitrue was launched in July 2018.
Where Is Bitrue Located?
The company’s primary locations are Singapore, Taiwan and Asia.
Bitrue Restricted Countries
The crypto exchange is available globally in countries like the US, the UK, Canada, and Singapore. However, people in OFAC (Office of Foreign Assets Control of the U.S. Treasury Department) countries or regions like China, where crypto companies are banned, are restricted. Within the US, the company does not operate in Texas or New York.
What Coins Are Supported on Bitrue?
Bitrue supports more than 700 cryptocurrencies. Top digital assets including BTC, ETH, XRP, and SOL are available on the exchange. Provides fiat-to-crypto and crypto swapping as a service.
How Much Are Bitrue Fees?
Except for some pairs, Bitrue’s standard trading fees are as follows:
XRP/BTC, XRP/USDT, XRP/ETH: 0.20%
Other BTC, ETH & USDT trading pairs: 0.098%
XRP trading pairs: 0.28%
Using BTR, the native currency of the exchange, for transaction fees attracts a 30% discount.
Is It Possible To Use Leverage or Margin Trading on Bitrue?
Margin trading is not enabled on the exchange. However, in 2021, the platform launched a type of crypto derivative contract to provide investors with increased exposure to an underlying asset’s performance without the complexities of managing a margin trade. It rolled out leveraged tokens, which allowed traders to juice up their bets with up to 3x leverage.
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