How to buy crypto on Bitrue with a credit card and send it to an external wallet Medium

They support a TON of exchanges and will help you from landing on the government’s naughty list. Ledger was launched in 2014 by 8 people that have expertise in security, cryptocurrencies, and entrepreneurship. And now in the current year of 2021, they are the leading provider of “hardware wallets” in the world. After Coinbase has verified your identity you will have to add a payment method to your account.

Bitrue is both a fiat to crypto and crypto to crypto exchange. There is a large selection of coins you can deposit, from popular crypto like Bitcoin to smaller altcoins like AMAS. Bitrue is a global cryptocurrency trading exchange available in most countries, including the US, UK, and Australia. However, residents in Texas or New York within the USA are not permitted due to applicable laws, regulations, and policies. Other countries that are forbidden to use the Bitrue platform are China and counties on the OFAC list. There is also the option to buy crypto with fiat currency to fund a new account or top up the trading balance of an existing account.

• Here’s our list of the best leverage platforms for crypto traders.
• Crypto CFDs are products that can be traded on a market outside regular business hours and on weekends.
• However, residents in Texas or New York within the USA are not permitted due to applicable laws, regulations, and policies.
• Additionally, this feature offers existing users an opportunity to earn a yield on idle assets.
• You also have the option to take a leveraged position when using crypto CFDs, depending on your location in the world.

The exchange doesn’t specify any sort of limits for spot trading. We believe that account holders can buy the smallest fractional unit of crypto. The maximum amount users can trade is at the discretion of the exchange. Users can deposit various fiat currencies, including USD, EUR, GBP, and AUD. International wire transfer will take between 2 to 4 business days. Futures and the use of leverage are inherently riskier than the regular buying and selling of cryptocurrencies.

Written by CryptooGuide

We will be guiding you through the whole journey on how to buy and store BTR. The exchange would suffice for beginners and intermediate crypto traders. The interface is simple and extra tools for charting and analysis are available.

This exchange does not charge different fees between makers and takers. Keep in mind that the fees are constantly fluctuating plus500 review throughout the market. To know the full fee structure it is highly recommended to check out the details on its official site.

Was the Bitrue Account Hacked in the Past?

You also have the option to take a leveraged position when using crypto CFDs, depending on your location in the world. The platform now uses McAfee security solutions to secure personal data and crypto-assets. Verified users also have to use the 2FA feature to secure their accounts. The safety of funds and crypto-assets is one of the primary considerations for traders.

The fastest way is to use a credit card but you will then be charged higher fees. You can basically use debit card, credit card, or even PayPal to buy the Bitrue Coin (or any other cryptocurrencies). It’s not like you pay with cash and you get the Bitrue Coin as the exchange. The leveraged EFTs and perpetual futures leverage are comparable to those of Binance.

What are the deposit and withdrawal fees, limits, and speeds?

These perpetual contracts offer you a chance to increase your risk exposure through leverage. Some of the top perpetual future pairs are BTC/USDT, XRP/USDT, 1000SHIB/USDT, ADA/USDT, and ETH/USDT. The fees offered by Bitrue are slightly better than the industry average. Below, we’ve compared the fees between Bitrue and a few leading exchanges.

Customer support

The minimum amount to get started is relatively low, making it suitable for beginners with smaller accounts. For example, the minimum deposit amount for Bitcoin is 0.01 BTC which can earn 1.9% annually. Holding 2% of funds in BTR tokens can raise the interest rate to 2.28% with no lock-up periods. The cheapest way is to use bank account to buy Bitcoins first or to buy the Bitrue Coin right away.

The exchange also has trigger ordering capabilities and technical indicators for analysis. The multi charts on the exchange can show moving averages and much more. Borrowers can pledge over 30 currencies in exchange for popular crypto like BTC that can be sold or invested quickly. OTC traders who use the third-party service, Legend Trading, have a minimum limit of $500 and a maximum limit of $1 million. As with any investment, the decision to enter the cryptocurrency market requires thorough research.

Traders can now transfer their desired amounts (in wide variety) without any issues with the business profits that high charges might diminish. It also comes with the ability to do as many transactions as needed between the respective currencies. The XRP withdrawals can be done without any fee, being yet another added benefit.

Users can increase their risk exposure on various cryptos and trading pairs. Both novice and experienced investors can use our comparison tables to simplify the process of identifying the right cryptocurrencies for them. The Bitrue team is led by a senior management team from Capital One.

How easy is it to use Bitrue?

Users can use a driver’s license, passport, or national ID for verification. Bitrue is the 28th largest cryptocurrency exchange in the world by traffic, liquidity, trading volumes, and confidence in the legitimacy of trading volumes reported. At the time of writing, Bitrue processes over $1 billion in daily transaction volume, with BTC/USD and XRP/USD as its most significant trading pairs. Since the Bitrue hack in 2019, the exchange has been incident-free and is now considered a safe platform to trade crypto. In addition, the website has been individually assessed by third-party security companies such as Mozilla Observatory to check for vulnerabilities and security weaknesses. To start with Bitrue, new customers must create an account and login into the platform.