Buy & Sell Bitcoin, Ethereum, Ripple Crypto Exchange

LocalBitcoins is a trading platform where people from your local area will buy from you and sell to you. The amount of bitcoins/cash you will get from LocalBitcoins is a bit lower than from regular exchanges. However, it is the price you have to pay if you want to use cash.

• Make sure to type your name, your e-mail, and your password correctly.
• This impressive quantity of trading pairs will likely appeal to experienced traders who are always searching for opportunities.
• Coinbase is one of the largest and most secure FIAT-to-crypto exchanges in the world.
• Coinbase is a regulated company and is trusted by 56 million verified customers.

However, it is not recommended to buy crypto with a credit card due to the high fees. As digital lending is the leading service provided by the crypto exchange, it has various methods to make the transaction. With flexible payment methods and no delivery deadline, borrowing Bitcoin is a convenient and easy process. Like most crypto exchanges, Bitrue claims to operate within the bounds of its registered nation, Singapore. The company’s website has undergone breaches, though they stay functional and competitive with more than 4.2 millions users accounts.

However, customer support needs more in-depth support articles for troubleshooting issues. While the ticket system was reasonably responsive, the lack of live chat is unacceptable for such a large platform. The charts and trading tools are powered by TradingView, which offers hundreds of technical indicators and drawing overlays. In addition, there is a Day and night mode to change the background color of the user interface, improving accessibility. All Bitrue users with a KYC-verified account can use the OTC desk to buy crypto with fiat currencies. The fees for buying crypto with traditional money depend on the trade size but range between 0.08% and 2% per transaction.

Frequently Asked Questions (Faqs)

The order types on Bitrue do not match the variety offered on Binance. However, it does include a couple of widely used orders, such as Market, Limit, and Stop-Limit. The overall trading fees are relatively comparable in the market, particularly for BTC, ETH, and USDT pairs. For example, the costs are slightly cheaper than Binance and KuCoin, which use tiered fees starting from 0.1% per buy/sell position. However, the pair-based fee structure present on Bitrue is likely confusing for new users.

• The fees offered by Bitrue are slightly better than the industry average.
• The verification is very straightforward and should not take more than 30 minutes to possibly a few days depending on Bitrue.
• Using BTR for particular features on the platform can also offer you a bonus regarding discounts on fees.
• While there are 970 cryptos available, the number of trading pairs shoots up drastically to 1,256, including all 3x tokens.

With their trust token across five continents, Bitrue inspires trust and a sense of safety in the individuals who use this trading platform. Crypto exchanges have previously spread their functionalities over various apps, but Bitrue brings it all to one platform. Coinbase is one of the largest and most secure FIAT-to-crypto exchanges in the world. And this is where most people in fact start their crypto journey.

Step 5: Trade the USDT for BTR

“ETH” if you are depositing Ethereum and as of writing this guide “ETH (ERC-20)” if you are depositing USDT from Coinbase (make sure to double check before sending). It is really important that you fill out your real information as Coinbase will need it to verify your identity. A strong password is really the barefoot investor important to keep your account and funds safe from hackers. Professional traders might feel left out because these tools are basic to intermediate. The platform recommends using the Legend Trading platform, integrated with Bitrue. The exchange now says it has bolstered its security preparedness.

Pros and Cons of Using Bitrue

Bitrue has added support for popular tokens such as DOGE, SAFEMOON, SHIB, SOL, HBAR and others with an Annual Percentage Rate (APR) of up to 15%. There is no better way to get started with cryptocurrencies than aiming high for the big boys. You have to buy your first shares of Bitcoin or Ethereum by creating an account at COINBASE. The best to do so is by creating a confirmed account in the platform and explore your options. BTR is a platform token issued by a crypto exchange from Singapore called Bitrue. Bitrue has headquarters located not only in Singapore but also in Taiwan, as well as some local offices in Europe and US.

XRP Focussed Trading

Bitrue is not merely a spot for trading, but is also supports more than 10 cryptocurrencies with yearly percentage rate reaching 15% through its “interest-earn program”. Furthermore, it’s the first exchange which launched loan services backed by crypto. The range of its financial services is getting larger as the exchange continues to grow. Based in Singapore, Bitrue is one of the most trusted and commonly used crypto exchanges.

The platform continues to inspire trust and accountability for its millions of registered users. Standing the test of time, Bitrue has succeeded in being the platform of choice for a vast consumer base. Mobile apps can also exchange Bitcoin, USDT, XRP, Ethereum, Litecoin, and dozens of different altcoins following the web-based functionalities. As a platform with a highly responsive and smooth user interface, one can also keep up with the latest news about their highly volatile and digital assets. Bitrue cryptocurrency trading platform allows individuals to trade throughout Europe, the United States, Japan, Canada, and a few more countries. One thing to mention would be that some of their unique or outstanding features might not be as regulated, even though the brand has a massive net of trust tokens.

Is Bitrue regulated?

Security of your Bitrue account relies on a two-step verification process that aims to protect the history of any transaction or other critical information and control tools. Two primary methods to deposit digital funds and investment include credit card deposits and other online methods for transferring money. Our Bitrue exchange review detailed the various features that allows you to buy, sell, invest and borrow. Purchasing crypto on the platform doesn’t require KYC verification.

Placing a trade is straightforward and intuitive, thanks to the familiar green and red color scheme. A user needs only decide on an order type, enter a price and quantity, and then place the order. Furthermore, Bitrue offers a range of 3x leverage tokens enabling users to multiply their profits and losses without venturing into the derivatives market. Just head to any exchanges listed above, find trading pair BTC/BTR and begin the transactions.