Have you ever heard about this rising cryptocurrency? If yes, then are you planning to invest in BTR? What if it’s not the right crypto to put your money in it?
Well, cryptocurrencies are extremely volatile and unpredictable. Their prices could rise and fall, which causes potential loss to the buyers and investors.
Bitrue or BTR is one of those crypto financial platforms that have plenty of trading features and offers a lot of opportunities to earn via different investment programs as well as staking solutions.
Their offerings are best for both immediate and advanced cryptocurrency users who want to do some trading and high yields of staking.
If you are interested to learn more about Bitrue, then this is the right article to read. Here we have mentioned plenty of information about the coin that might help users to decide whether is the right crypto to invest in or not?
Bitrue Coin Overview
Let’s get to know the summary of this amazing cryptocurrency before we proceed further. It will give you an idea and basic knowledge about the coin.
Cryptocurrency | Bitrue or BTR |
Established in | 2016 |
Headquarters | Singapore |
Native token | Yes |
Support fiat currencies | USD, AUD, GBP, SGD, CHF, and others |
Trading pairs | 160+ |
APY | More than 12% |
What is Bitrue Coin?
If you are wondering what Bitrue exactly is, let’s find out.
Bitrue is basically a crypto exchange as well as a reliable digital asset management platform. This platform is Ripple’s recommended exchange which is best for crypto trading and XRP trades. It is also an all-in-one platform where buyers can use their Bitrue accounts to sell and buy, make a deposit, and exchange crypto and other blockchain-based assets. This means, it’s your one-stop trading platform, which is well-known for its transaction speed.
Bitrue is also one of the first crypto exchanges that provide sufficient loans and is even backed by blockchain as well as cryptocurrency. This offers an unparalleled system best for crypto enthusiasts.
Pros and Cons of Bitrue Cryptocurrency
If you are interested to buy this cryptocurrency, then make sure you are aware of its pros and cons so you can decide easily and efficiently.
Pros | Cons |
Lots of trading opportunities | Safety is not assured |
Two-step verification process | The website has vulnerabilities |
Available on 160+ markets | Different alternatives offer more |
Less risk on investment | |
The high-interest rate for investors |
Sign up on Bitrue Exchange is Easy
When you tend to begin with BTR, you will find that it’s a truly enjoyable experience as you are choosing the best exchange for addressing specific trading needs. New users can simply get registered by using their email ID and contact number.
The safety and security of your Bitrue account heavily depend on a two-step verification process that simply aims to protect the overall history of each transaction as well as critical information and several control features.
The two major methods for digital funds depositing and investment are credit card deposits and various online methods that help transfer money.
Is the Bitrue Account Safe and Reliable?
Before making accounts on the platform, many users wonder if it’s a safe and reliable platform or not? Whether the account will be secured or open to theft?
Well, the confidentiality of users’ information is a top priority for the Bitrue platform. It has a multi-signature cold wallet which can be used efficiently to increase the overall security of digital assets. You will find that the third-party verdict is split especially when you talk about the security rating. According to many reviews, Bitrue is a good platform where your account is safe and secure. While many people still advise keeping looking for other platforms.
However, there might be some vulnerabilities in the system which have been greatly exploited in the past. But overall, the exchange remained safe, efficient, reliable, and afloat due to its popularity and unique trading features.
Currencies Trading on Bitrue Platform
Bitrue platform features several currencies. Some of the popular ones are:
- Ethereum
- Cardano
- Solana
- TRON
- Bitcoin
- XRP
About the Customer Support
When it comes to customer support, Bitrue offers excellent assistance.
Their main customer support resource is generally a help page that features plenty of FAQs and explanations about how the Bitrue product actually works. To get detailed assistance, users are allowed to reach customer support via email using a help ticket system. So, just like multiple crypto exchanges, the coin should serve as a self-service platform. However, customer support options are limited.
Bitrue has earned average reviews from previous buyers. If you check TrustPilot for Bitrue, you will see that the platform has an average 2.3-star out of 5-star rating and have more than 150 reviews.
There are also a few negative reviews, in which some common ones are complaints against lost funds, blocked accounts, and inefficient customer service responses. According to positive reviews, Bitrue is a user-friendly platform, it has a lot of features, has a good trading system, and is a safe platform for all.
Account Management
People can easily manage their accounts by visiting the official Bitrue website and their mobile apps. If you are a user of an online stock trading account, we are sure that you will most likely find the account much similar to an overall experience.
Once you create an account, people can easily make some basic account updates, they can add & withdraw money, access pages, and check mobile apps to buy, sell, and trade digital assets.
Overall account management is very easy, especially if you are a newbie, you won’t experience any difficulty in making an account or managing it afterward.
Is Bitrue a Right Investment Platform?
Well, we cannot say that Bitrue is a 100% secure and ideal investment solution. Though the website has more than 4.2 million accounts, which clearly means that a lot of people trust and use BTR coin. But according to many users, there is still a great need for security improvement.
Also, their outstanding features might not be regulated which further creates problems sometimes. However, the overall investment opportunity is fine and it’s not an outstanding platform like others. Still, due to its lot of trading features and positive attributes, people love to invest in it. if you want to invest in BTR, then make sure you research thoroughly.
Or if you want to check some other alternatives, then we’d recommend you to check Promote Coin blog and get information about other cryptos.