According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $1
- Browser platform
- Proprietary Mobile app
- Several types of investment and staking programs
Our Evaluation of Bitrue
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Bitrue is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.42 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Bitrue clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
Bitrue is an exchange with a wide range of opportunities for active trading and investing in cryptocurrencies. Clients are provided with simple and functional trading platforms for secure transactions, as well as a good selection of financial instruments.
Brief Look at Bitrue
The Bitrue exchange was founded in Singapore. The parent company was registered in 2018 by an authority under the Ministry of Finance called the Accounting and Corporate Regulatory Authority (ACRA). At the moment, Bitrue has offices globally, including in the USA, Europe, and the Asia-Pacific region. The main coins of this exchange platform are Bitcoin (₿), Ethereum (Ξ), Tether (₮), and Ripple. In addition, operations with more than 60 coins are available here, including the proprietary BTR token. Bitrue is not just for active cryptocurrency traders. The exchange also offers options for generating passive income.
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- ability to trade more than 160 pairs of cryptocurrencies;
- the possibility to start working with any amount that is comfortable for you;
- trading commission values comparable with competitors;
- storage of client funds in cold wallets;
- multi-level account protection with two-factor authentication and PIN;
- trading platforms with TradingView charts with which many traders are familiar;
- availability of passive income solutions.
- cryptocurrency trading is carried out only at the expense of the trader’s funds, without the use of leverage;
- there is no chat on the site where you can chat with the operator in real-time;
- fiat cannot be withdrawn.
TU Expert Advice
Financial expert and analyst at Traders Union
Bitrue works closely with Ripple to offer a wide range of XRP pairs. The exchange also has a proprietary Bitrue Coin called the BTR token, which can be used both for trading in tandem with BTC, ETH, USDT, and XRP, as well as when paying a commission for transactions to reduce it by 20%. To fund the deposit account, customers can use 67 coins. You can buy cryptocurrency using fiat currencies via a card or bank transfer. The fiat currencies that are currently supported are: USD, EUR, GBP, AUD, HKD, SGD, CHF, and MXN.
The website, trading platforms, and support are available in 12 languages. Terminals for making exchange transactions work based on TradingView and allow you to build charts for 10 timeframes. Your account login is protected by two-factor authentication, while trading and withdrawals are protected by a 6-digit PIN. Most of the clients’ crypto assets are stored in cold wallets.
On Bitrue, you can trade not only cryptocurrency pairs, but also ETFs. Leveraged futures transactions are also available. The exchange supports market, limit, and preset trigger orders. It is worth noting that funds from the Bitrue platform can only be withdrawn to crypto wallets, but without any additional fees from the exchange. Communication with support is carried out only through email. There is no online chat or ticket system.
- You want low trading fees, as Bitrue offers some of the lowest trading fees in the industry, starting at 0,1% for maker fees and 0,2% for taker fees, allowing you to save on transaction costs.
- You value security, as Bitrue prioritizes security measures, including multi-layer security protocols, cold wallet storage for funds, and partnerships with reputable security firms like McAfee and NSFOCUS, ensuring a secure trading environment for users.
- You prioritize fiat currency support. Bitrue primarily facilitates crypto-to-crypto trading, with limited support for fiat currencies. If you rely heavily on fiat currencies for your trading activities or prefer exchanges with extensive fiat currency options, Bitrue may not be the ideal choice for you.
Bitrue Summary
💻 Trading platform: | Proprietary mobile applications and browser platform |
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📊 Accounts: | Standard |
💰 Account currency: | 67 cryptocurrencies including BTC, LTC, and XRP |
💵 Deposit / Withdrawal: | Crypto wallets, Visa and MasterCard, ACH, international bank transfer |
🚀 Minimum deposit: | No deposit requirements |
⚖️ Leverage: | 1:1 is for trading cryptocurrency pairs; 1:2-1:125 are for transactions with futures contracts |
💼 PAMM-accounts: | No |
📈️ Min Order: | from 0 |
💱 Commission: |
Spot: 0,098%-0,098% Futures: 0%-0% |
🔧 Instruments: | 678 supported coins, Futures, Fiat. |
💹 Margin Call / Stop Out: | No |
🏛 Liquidity provider: | No |
📱 Mobile trading: | Yes |
➕ Affiliate program: | Yes |
📋 Order execution: | No |
⭐ Trading features: | Several types of investment and staking programs |
🎁 Contests and bonuses: | Trial funds - virtual funds to pay off commissions for trading futures, contests, and discounts on the purchase of coins (periodically) |
There are 167 trading pairs available on Bitrue, but fiat is not supported. The exchange only provides leverage for futures transactions.
Bitrue Key Parameters Evaluation
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Regulation and safety
With a 5/10 score, Bitrue demonstrates a moderate level of security and regulation. While the platform meets basic safety standards, it may not offer the same level of protection as higher-rated exchanges.
- 2FA
- Investor protection fund
- Cold wallet storage
- Not U.S regulated
- No facial recognition
Bitrue Security Factors
We also compared Bitrue against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
Bitrue | OKX | Kraken | |
Tier-1 regulation | No | No | Yes |
Government-regulated | No | Yes | Yes |
Investor protection fund | Yes | Yes | No |
2FA | Yes | Yes | Yes |
Facial recognition | No | Yes | No |
Cold wallet storage | Yes | Yes | Yes |
Successful hacker attacks | Yes | No | No |
Is Bitrue a regulated crypto exchange?
Bitrue is not currently regulated by any government authority, which is still a common occurrence in the cryptocurrency industry. While this doesn't automatically mean Bitrue is unreliable, government-regulated exchanges are generally considered more reliable due to the added oversight and client protection they offer.
Is verification (KYC) mandatory at Bitrue?
Yes, KYC verification is mandatory at Bitrue. You will need to complete the verification process before you can open an account and access the platform's full range of services.
In which countries is Bitrue available?
Bitrue complies with international sanctions and regional restrictions. Services are limited or unavailable in the following countries: Ukraine, Iran, Islamic republic, Korea, China, Bahrain, Palestine, Jordan, Iraq, Qatar, Kuwait, Lebanon, Libyan Arab Jamahiriya, Oman, Syrian Arab Republic, Tunisia, Yemen, Botswana, Tanzania, United Republic Of, Zimbabwe, Namibia, Ethiopia, Jamaica, Zambia, Hong Kong, Afghanistan, Trinidad and Tobago, Brunei, Nepal, Serbia, Somalia, Cameroon, Rwanda, Slovenia, Eswatini, Croatia, Mongolia, Burma, Montenegro, Cambodia, Taiwan, Mozambique, Madagascar, Dominican Republic, Albania, Mauritius, Puerto Rico, Cote d'Ivoire, Laos, Macedonia, Papua New Guinea, Costa Rica, Luxembourg, Malta, Ecuador, Bahamas, Haiti. For the most up-to-date information on regional availability, please contact Bitrue support.
Is Bitrue available in the USA?
Yes, Bitrue is available in the USA. However, availability may vary by state due to local regulations. We recommend checking the official website or contacting support for up-to-date information specific to your location.
Bitrue commissions and fees
Bitrue has earned a rating of 8.45/10 for its trading fees. This makes it a highly attractive choice for active traders seeking to reduce costs, as Bitrue is a platform with minimal crypto trading costs.
- Futures fees below industry average
- Spot fee below industry average
- No deposit fee
- Withdrawal fee may be applied
- P2P fee applied
What are Bitrue trading fees?
We analyzed Bitrue’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
Bitrue trading fees vs competitors
Bitrue | Huobi Global | WhiteBIT | Industry average | |
Spot, maker fee (%) | 0,098 | 0,2 | 0,1 | 0.15 |
Spot, taker fee (%) | 0,098 | 0,2 | 0,1 | 0.194 |
Futures, maker fee(%) | 0 | 0,02 | 0,02 | 0.024 |
Futures, taker fee(%) | 0 | 0,05 | 0,05 | 0.053 |
What are Bitrue deposit and withdrawal fees?
Deposit fee, % | 0 |
Withdrawal fee, % | 0,0005 BTC 0,005 ETH 10 USDT (ERC20) 1 USDT (TRC20) |
Does Bitrue offer P2P trading?
Yes, Bitrue offers a P2P trading platform. We have provided the fees for these transactions and compared them with competitors.Bitrue P2P Fees
Deposit and withdrawal
Bitrue received a 6.5/10 rating for its deposit and withdrawal services. While Bitrue covers basic payment options, the platform lacks some widely used methods that could improve user flexibility.
- P2P for flexible transfers
- Bank transfers for deposits and withdrawals
- Many cryptocurrencies for deposits and withdrawals
- Bank cards accepted for instant deposits
- No Google Pay option
- No PayPal option
- Withdrawal fee applies
Deposit and withdrawal options
Bitrue supports the following deposit and withdrawal options: Bank transfers, Bank card, Crypto.
Bitrue Deposit and withdrawal options vs competitors
Bitrue | OKX | Kraken | |
Bank transfers | Yes | No | Yes |
Bank card | Yes | Yes | Yes |
Crypto | Yes | Yes | Yes |
PayPal | No | No | Yes |
What is Bitrue minimum deposit?
The minimum deposit at Bitrue is 50 USD/USDT or 0,01 BTC. The minimum trade size is 10 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
Bitrue minimum deposit vs competitors
Bitrue | OKX | Kraken | |
Minimum deposit, USD or USDT | 50 | 10 | 10 |
Minimum deposit, BTC | 0,01 | 0,0005 | 0,0001 |
Minimum trade amount, USD/USDT | 10 | 0,00001 | 1 |
Does Bitrue support fiat money?
Bitrue supports fiat currency trading and account funding. The following fiat currencies are accepted:
Supported coins & markets
Bitrue received a score of 8/10 in this category, highlighting its excellent selection of tradable assets and market access. Bitrue supports 678 coins and caters to various trading types, making it a strong choice for both active traders and long-term investors.
- Fiat currencies supported
- Staking available
- Crypto futures available
- NTFs not available
- Crypto options not available
Bitrue supported coins and markets vs competitors
We compared Bitrue with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
Bitrue | OKX | Kraken | |
Supported coins | 678 | 329 | 278 |
Futures/Perpetual contracts | Yes | Yes | Yes |
Options | No | Yes | No |
NFTs | No | Yes | Yes |
Bitrue passive income options vs competitors
We also compared Bitrue with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
Trading apps & tools
Bitrue received a score of 7/10 for offering a solid set of tools. The apps are intuitive and reliable, though certain advanced features remain limited or could benefit from further development.
- Mobile indicators allowed
- App data protection with 2FA
- Advanced tools and automation with API
- Android app score 4,7
- No Face ID
- Advanced orders not available
- No access to Copy Trading
Trading apps
Bitrue provides web and mobile apps for both Android and iOS users, with an average rating of 4 on the App Store and 4,7 on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the Bitrue platform is for mobile use.
Bitrue | Bybit | |
2FA | Yes | Yes |
Face ID | No | Yes |
Mob Indicators | Yes | Yes |
Alerts | Yes | Yes |
Advanced Orders | Yes | Yes |
Trading with bots | No | Yes |
API | Yes | Yes |
Extra trading platforms | No | MT4 |
Does Bitrue offer a desktop app?
No, Bitrue does not currently offer a desktop app. However, users can access the platform via its web version, which provides more comprehensive functionality compared to the mobile apps.
Does Bitrue offer advanced charting with TradingView integration?
No, Bitrue does not currently support TradingView integration. However, it provides its own built-in charting tools with basic indicators and timeframes.
Contacts
Foundation date | 2018 |
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Registration address | 73 Upper Paya Lebar Road, #06-01C, Centro Bianco, Singapore 534818 |
Official site | https://www.bitrue.com/ |
Contacts |
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