Bitrue

User Friendly
 

Bank transfer deposits

Bank card deposits

No fiat withdrawals

Mobile App

Beginner friendly features: 2

Ease of buying and trading: 4

Interface and user experience: 4

Education and learning: 4

Customer support: 4

Features
 

Spot trading

Futures trading

Advanced trading options: 2

Staking and savings: 5

Airdrops and launchpools: 2

Additional financial services: 3

Other products and services: 2

Fees
 
  • Spot Maker Fee: 0.098%
  • Spot Taker Fee: 0.098%
  • Futures Maker Fee: 0.038%
  • Futures Taker Fee: 0.07%

Additional $1,000 signup bonus when using our referral signup link.

Safety
 

 Exchange launched in 2018

No Proof of Reserves

Regulatory compliance: 2

Reputation and reliability: 3

Asset safety and trust: 4

User account security: 5

Volume & Altcoins
 

 Number of altcoin pairs: 700

 Last 24h trade volume (in BTC): 150,486

Features Score: 63 / 100
3.3
Total Rating: Good
Toggle feature descriptions
Beginner friendly buying
2
Beginner features such as fiat deposits, quick convert, recurring buys, demo trading.
Ease of buying and trading
4
How easy was it to deposit, convert fiat to crypto, and execute trades on spot market.
Interface and user experience
4
Usability, design and intuitivness of the interface and light and dark color schemes.
Advanced trading options
2
Derivatives, options, stocks, margin, trading bots and other advanced trading features.
Staking and savings
5
Number of available staking assets and overall yields.
Airdrops & Launchpools
2
Frequency, value and ease of joining various airdrops and launch events.
Extra financial services
3
Crypto debit cards, fiat withdrawals, loans, P2P marketplace.
Trading fees
3
Competitiveness of trading fees compared to other exchanges, including discounted rates with our referral bonuses.
Volume and liquidity
3
Overall volume, liquidity and spreads on spot and derivatives markets.
Altcoins selection
5
Amount and quality of listed altcoin trading pairs.
Regulatory compliance
2
Approvals, certificates and compliance with various agencies and institutions.
Reputation and reliability
3
Overall reputation of the exchange, user feedback and reviews, social media sentiment, trust and transparency.
Asset safety and trust
4
Use of cold wallet storage and multi-signature, user protection funds, proof of reserves, security audits, and other safety and insurance measures.
Account security
5
Availability of various account security features such as 2FA, anti-phishing codes, hardware keys, withdrawal or trading passwords.
Other products & services
2
NFT marketplaces, copytrading, subaccounts, gift cards, trading competitions and other features.
Mobile App
4
Usability, update freqency, platforms, design and ease of trading via the mobile app.
Decentralized Wallet
0
Decentralized self-custody wallet usability, operating systems, number of assets and blockchain networks supported, DeFi options and more.
Education and learning
4
Learning and news resources on the website, including instructional videos, articles, knowledge bases, FAQs and help center.
Customer support
4
Responsiveness and availability of customer support through different channels such as email, live chat, social media, and others.
Referral and signup bonuses
2
Benefits obtained through the use of our referral codes, including discounted fees, cash bonuses and other rewards.
CoinMarketCap Rating: 5.7/10
CoinGecko TrustScore: 6/10

Quick info:

Launched in: 2018
Based in: Seychelles
Trust Score: 6/10 (Ranked #87)
Coins listed: 700+
Trading volume: 150,486

Features overview:

  • Deposits: Cryptocurrency Bank cardsBank transfers
  • Beginner trading: Spot tradingMobile appCopytrading
  • Advanced trading: MarginFutures & leverageOptionsTraditional marketsTrading bots
  • Financial services: Fiat withdrawalsDebit spending cardsCrypto loansP2P tradingStaking & Earn
  • Other features: Signup bonuses

Restricted countries

Bitrue is not available in these 9 countries:

China, Cuba, Hong Kong, Iran, Japan, North Korea, South Korea, Syria, United States.

Also not available in Ontario. Bitrue requires basic Level 1 KYC (submitting name, country, and verifying phone number). Level 1 KYC allows you to withdraw up to 2 BTC per day. For unlimited withdrawals, a Level 2 Advanced Verification will be required.

Bitrue enforces mandatory KYC on all customer accounts. Using the exchange from restricted territories or through VPNs is not recommended.

See our list of countries to find exchanges available in your territory, or view all exchanges without KYC policy enforcement.

Available countries

Bitrue is available in 227 countries and territories.

Trading fees

Spot trading fees:

  • BTC, ETH & USDT trading pairs = 0.098%
  • XRP/BTC, XRP/USDT, XRP/ETH = 0.196% ; Other XRP trading pairs = 0.280%

Additional 20% fee discount when paying fees with BTR, Bitrue’s native token.

Futures trading fees:

  • Maker: 0.038%
  • Taker: 0.07%

Use invitation code “ZWHQWWT” for additional signup bonuses up to $1,000.

Furthermore, VIP users with high volume can get additional fee discounts for both spot and futures trading.

Signup bonuses

For added benefits on Bitrue use the following code during signup:

ZWHQWWT

Must use the referral code during signup to be eligible for signup bonuses.

Signup bonuses amount: $1,000.

Referral, signup or invitation code must be used during signup/registration process. These codes are also automatically added to exchange signup links on our site.

There are never any downsides to using referral codes. Benefits can include fee discounts, deposit bonuses, cash rewards, access to exclusive events or trading competitions, or other advantages.

The referral codes allow exchanges to properly attribute users and distribute rewards, bonuses or fee discounts based on disclosed affiliate relationships. No personal data is ever shared with us.

Pros

  • Has card and bank transfer deposits, but only through 3rd party payment providers.
  • Up to $1,000 new user bonuses.
  • Very high flexible staking yields (20% APY) on a many popular assets with no lockups.
  • Has many XRP trading pairs available.

Cons

  • Only one card deposit gateway (Simplex) which might not be available in all countries.
  • No fiat withdrawals to bank accounts.

About Bitrue:

Bitrue, established in July 2018, has swiftly risen to prominence as a premier cryptocurrency exchange, providing access to over 700 cryptocurrencies. With a comprehensive suite of services encompassing spot trading, futures, OTC, staking, and more, Bitrue caters to the diverse needs of crypto enthusiasts and investors alike.

A Hub for Trading Diversity

Bitrue ranks among the top tiers globally for trading volume, particularly excelling in XRP trading. The platform boasts an extensive array of trading pairs, ensuring ample opportunities for users to diversify their portfolios. Additionally, Bitrue offers specialized ETFs, further enhancing trading flexibility and accessibility.

Pioneering Staking Opportunities

One of Bitrue’s standout features is its robust staking options, attracting investors with attractive APRs of up to 55%. Through strategic partnerships with leading projects like XRP and ADA, Bitrue has been instrumental in fostering industry growth. Notably, Bitrue was among the first exchanges to support Cardano’s native assets, underscoring its commitment to innovation and collaboration.

A Commitment to Security and Customer Protection

Bitrue prioritizes security and customer protection, employing leading-edge technologies such as 2FA and multisignature cold wallet systems to safeguard user funds. With a steadfast dedication to providing a safe and reliable trading environment, Bitrue aims to instill confidence and trust among its user base.

Empowering the Future of Finance

Bitrue’s overarching mission is to facilitate financial opportunities within the cryptocurrency and digital economy, contributing to its ongoing evolution. With a world-class team comprising experts in security, cryptography, finance, and technology, Bitrue is well-positioned to drive innovation and shape the future of finance.

Conclusion

With its diverse range of services, commitment to security, and forward-thinking approach, Bitrue continues to empower users worldwide to explore the vast potential of the crypto market. Whether you’re a seasoned trader or a novice investor, Bitrue offers a comprehensive platform to embark on your crypto journey with confidence.

Features Score: 63 / 100
3.3
Total Rating: Good