Check out Coinbase’s about us page if you still would like to learn a bit more about them. Bitrue is a cryptocurrency management platform for Bitcoin, XRP, and more. You can buy, sell, borrow and invest in crypto using this versatile platform. Between % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Users can purchase cryptocurrency on Bitrue with their credit cards, and they are assured to be deposited in your wallet within an hour. The fee is 3.5% per transaction or 10USD, whichever is higher. In simpler words, you will likely be paying 3.5% if you are a high-volume trader. Bitrue is also one of the first exchange(s) to offer loans supported and backed by crypto and blockchain.
- Professional traders might feel left out because these tools are basic to intermediate.
- But there is absolutely nothing to worry about if you read and do everything carefully (just as with your bank account).
- On the other hand, eToro charges significant non-trading fees, such as for withdrawals and inactivity.
- Bitrue is also backed with talented and experienced team members who are committed to the growth of the platform.
- The user web interface is simple enough, and the mobile apps are easy to use.
In fact, some of the countries in Europe even have 0% tax on cryptocurrencies and some even offer their citizens to pay their taxes with crypto. The easiest way to buy crypto in Europe is to use Coinbase as we explained at the start of this guide. However, BTC can be bought with cash and then traded to BTR by using the altcoin exchanges we listed in step 3. CryptoTrader.Tax is a tax software built to save you time and maximize your refund. It is super easy to use and will save you hours of work, especially if you are a “day trader”.
Once you log in to your Bitrue account, you can simply choose the cryptocurrency you are in the market for. Bitrue supports various cryptocurrencies and other blockchain-based assets that you can buy from your account. Bitrue trading platform, like the majority of all other exchanges, has a mobile application. The app is available for both Android phones and iOS devices on their respective mobile app stores. Bitrue app enables you to have a reliable and close relationship with all your assets, including your cold wallets and bitcoin cash. Unfortunately, Bitrue lacks any other form of support, meaning that users who prefer to communicate via live chat or phone will be left disappointed.
- You can borrow bitcoin on the platform, and it will be reflected in your best crypto wallet.
- International wire transfer will take between 2 to 4 business days.
- The platform offers low fees, which means that traders can keep more of their investments and profits.
- Beginners will find it easy to trade because buying and selling are pretty straightforward.
- In fact, some of the countries in Europe even have 0% tax on cryptocurrencies and some even offer their citizens to pay their taxes with crypto.
However, the app still features an order book-style trading screen, meaning some asset-related information is available to users. HedgewithCrypto aims to publish information that is factual and accurate as of the date of publication. For specific information about a cryptocurrency exchange or trading platform please visit that provider’s website. This information is general in nature and is for education purposes only. HedgewithCrypto does not provide financial advice nor does it take into account your personal financial situation.
Where to Buy, Sell and Trade Bitrue Coin aka BTR
It’s a welcoming experience as you start to begin with the best exchange for your specific needs. New users can sign up/register using their email and phone number. This button tells Bitrue that you want to place a order for the amount of USDT filled out in the “Total” field. A market buy will try to fill your order at any cost, so be careful if you are trying to trade a lot. Once you have double-checked the address you can enter how much USDT you want to send and a message (if you want to). The first thing you need to do when Coinbase has loaded is to click the “Get started” button in the top right corner.
BTR Token Details
The platform is suitable for users at any levels as it provides them great opportunities to yield passive income. Bitrue is also backed with talented and experienced team members who are committed to the growth of the platform. They are able to increase the range of financial services as long as they can focus on the main pillars such as safety and speed.
Bitrue offers a digital loan that is based on blockchain and backed by crypto. You can borrow bitcoin on the platform, and it will be reflected in your best crypto wallet. Consider this similar to a wire transfer backed by crypto and not your traditional bank (traditional wire transfers are not supported).
There are over 50 pairs that you can trade with this contract. Funds for futures are stored on a separate account, and you’ll be required to select the coin pair you wish to trade, e.g., BTC/USDT. Apart from spot trading, Bitrue offers the option to trade futures and leveraged EFTs. Bitrue employs the use of a blockchain and other financial technologies in a bid to allow universal access to fair financial services. It provides customers with an avenue to trade, manage crypto, invest and earn passive income. The customer support offered by Bitrue is lackluster at best.
The exchange also partners with another company known as Legend Trading to allow its clients to buy crypto using fiat. Legend Trading is a US-based crypto firm that concentrates on institutional traders. Users in the US can use ACH bank transfers, while international clients can use wire transfers. As of December 2021, Bitrue leads other centralized exchanges in the number of Leverage tokens with the support of over 100 coins. Traders can amplify their profits/losses with leverage(set to 3 times your trading amount ) for long and short positions on individual cryptocurrencies.
User safety and the confidentiality of the information is claimed to be on top priority for the brand. Bitrue also has a multi-signature cold wallet that you can use to increase the security of your assets. The third-party verdict is split when it comes to the security rating. Some reviews tend simple money: a no-nonsense guide to personal finance to make it a good recommendation, while others advise keeping looking. If this is your first time making a cryptocurrency transfer this page might feel a little scary. But there is absolutely nothing to worry about if you read and do everything carefully (just as with your bank account).
Bitrue Mobile App
There are many cryptocurrencies and trading pairs available for trade. Opening an account with eToro is quick and easy, and they offer commission-free stock trading also. The platform offers cutting-edge features like social trading, which allows you to copy the techniques of other traders. On the other hand, eToro charges significant non-trading fees, such as for withdrawals and inactivity.