As cryptocurrencies go mainstream, countless digital asset exchanges have risen to meet the demand of those who want to buy, sell, and trade. However, choosing the right exchange is difficult since there are a lot of choices to choose from.
Fortunately, there’s an exchange you can rely on—Bitrue. It offers seamless processing of transactions, relatively higher incentives than most of its competition, and trading fees that are some of the lowest in the crypto market! If you’re ready to deal in crypto and enjoy the many benefits of this exchange, dive into it here at BTC Post.
What is Bitrue?
Bitrue is a crypto exchange that can also be utilised to manage digital assets. Usually, it is used by XRP traders to seamlessly buy/trade and hold their digital assets. What makes it popular among users is its transaction speed, which is faster than most platforms in the market.
It is known to be a well-rounded platform that allows investors to buy/sell, trade, deposit/withdraw crypto and blockchain-based digital assets through their Bitrue accounts.
Experience the best Bitrue has to offer with the following features:
Allows you to loan
Similar to crypto exchanges BlockFi and NEXO, Bitrue offer investors a loan program equipped with an APR that reaches up to 15%. Major tokens such as BTC, XRP, ETH, and USDT are some of the coins that can be loaned by users.
Access to Power Piggy
One of the benefits of using Bitrue is access to Power Piggy. Established in 2019, this traditional investment service allows the investment of tokens to grow a daily interest as stored in Bitrue.
Power Piggy is known to have high-interest rate services. Their value has the chance to grow up to a 12% annual percentage rate (APR) in return. So for those looking to earn passive income through high-interest rates, investing through Power Piggy is an ideal way to do it. However, should you need your tokens back, you’re free to withdraw them back into your wallet.
Using the BTR lockup function gives investors an interest rate that’s even higher than that of Power Piggy. From the latter’s 12% interest rate, BTR lockup can even raise it to about 16% in value.
Investing tokens into this feature allows users to hold their assets there for a month. With a greater number of crypto tokens placed in lockup and for a longer period of time, an investor can expect a higher APR to come out.
BTR’s voting system is an excellent feature of Bitrue. This is because it allows investors to help shape the future of the exchange. Through Bitrue’s voting system, BTR investors have a say in future projects and what cryptocurrencies to add in the Bitrue catalogue.
The use of this voting system can be earned by investors if they have the right amount of tokens in their wallets.
Available in multiple languages
To ensure everyone can enjoy the benefits of Bitrue, the exchange has been made to support languages other than English. These languages include Chinese, Nihongo, Korean, and Spanish.
With cryptocurrencies being such a volatile market, it can be difficult to make the best decisions. Fortunately, Bitrue helps its investors through a chart showcasing how token values rise and fall. Thus allowing investors to see which tokens they should buy or sell. This is an ideal feature for beginners because they can easily track the market movement.
Wide selection of cryptocurrencies
What makes Bitrue an ideal exchange for users is that it offers a wide selection of tokens such as Bitcoin, Ethereum, XRP and Tether. Additionally, it also has minor assets that beginners can try out if they’re not ready to invest in major coins.
How to buy and sell cryptocurrencies in Bitrue
Since you’ve been made aware of some of the currencies available, here’s how you can buy and sell them.
Should an investor want to purchase tokens, the buying process in Bitrue is relatively simple.
- Open the Bitrue website or application and log in.
- Next up, simply choose the crypto token you want to invest in.
- Pay the necessary amount and then these tokens will be deposited into your wallet within an hour.
Remember that there’s a 3.5% fee for every transaction made or $10, whichever is greater.
Just like in buying, selling cryptocurrencies through Bitrue is a simple process. All investors have to do is to log in to the app and choose which of the tokens in their wallet they intend to sell. Afterwards, they will receive a certain amount based upon the ongoing exchange rate in the market.
When investors choose Bitrue, they have the option to borrow bitcoins. This process is possible through a blockchain-based, backed by cryptocurrency system, with interest rates expected to be about 15%.
While at the Bitrue website, investors may borrow bitcoin, then once the request is approved, it will then appear inside their personal wallet.
Since a digital lending service is one of the exchange’s most used features, Bitrue offers borrowers a variety of payment options without a delivery deadline. Due to this, investors will enjoy a convenient and easy borrowing experience from Bitrue.
Security features of Bitrue
To ensure that their investor’s cryptocurrencies are safe, Bitrue uses the following security protocols:
For an added layer of security, Bitrue has a two-factor authentication process. In addition to the requirement of a password per log-in, the exchange will also need investors to type a code that is sent via text or email, to access their accounts in Bitrue.
Multi-signature cold wallet
You may opt to have a trusted person to be a co-signer for your cold wallet for an additional layer of protection. With the need for more people to approve transactions, online hackers will find accessing your account difficult.
24/7 Customer Support
Users who have concerns regarding the exchange can expect prompt responses because of their team of skilled and experienced customer support.
Know Your Customer
Though this verification system isn’t required during transactions, it’s still available for use should Bitrue find some suspicious activity with an account.
Bitcoin (BTC) $ 21,359.00 0.81%
Ethereum (ETH) $ 1,223.55 3.35%
Tether (USDT) $ 1.00 0.04%
USD Coin (USDC) $ 1.00 0.13%
BNB (BNB) $ 238.73 1.65%
XRP (XRP) $ 0.363415 2%
Binance USD (BUSD) $ 1.00 0.48%
Cardano (ADA) $ 0.504247 2.9%
Solana (SOL) $ 40.49 2.72%
Dogecoin (DOGE) $ 0.076932 5.27%
Expand your knowledge and invest in the cryptocurrency industry.