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125 Review
17 Karma

Review on Bitrue by Daniel Stephen

Revainrating 4 out of 5

This is a good exchange but the news about the exchange recently calls for caution

Bitrue exchange is from Singapore, this makes it a nice catch for many of us as digital traders,it presently supports almost 120 different altcoin and token which can be traded/ purchased with either crypto or fiat currency as the case may be but for now only Euro (€) and Dollars ($) are supported.

The exchange is not very new, it has been established ever since 2013 but was hacked a year later but recovered after that but the license and regulation of the exchange is not very clear, they didn't disclose any information about that to their users.

I feel traders needs to take their time out and make some research about the exchange cause recently traders have begin to complain so bad on how their withdrawal transaction and funds have been held back from them and I'm yet to hear any positive news from them on the situation.

Pros
  • The fees are moderate
  • The coins listed on the exchange are much
  • Transaction volume is high
Cons
  • It was once hacked
  • No proof to justify it's regulation

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