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About Bitrue

What is Bitrue?

Bitrue is a cryptocurrency trading platform created by a team of cryptocurrency enthusiasts and financial professionals. It provides a way for customers to trade and manage cryptocurrencies, as well as invest and earn passive income. In the initial stages of the platform, it focused on Ripple (XRP), a decision that has given it an edge. The centralized exchange has 48 XRP trading pairs, the most in the industry. It also has more than $1 billion in daily trading volume.

Who are the founders of Bitrue?

The company was founded by Curis Wang. Before founding the crypto startup, he worked at Cheetah Mobile, a Chinese mobile internet company based in Beijing that launched a variety of globally popular mobile apps. He served as Cheetah Mobile's Head of Innovative Business Development for nearly 4 years. Speaking of his education, he holds a master's degree in computer science from National Taiwan University.

When was Bitrue founded?

Bitrue was launched in July 2018.

Where is Bitrue located?

The company is primarily based in Singapore and Taiwan, with offices in the US, Europe, and Asia.

Countries with restricted access to Bitrue

The cryptocurrency exchange is available in a number of countries around the world, such as the US, UK, Canada, and Singapore. However, access to the exchange is still restricted in countries on the OFAC (Office of Foreign Assets Control) list of the U.S. Treasury Department, or in countries like China where cryptocurrencies are banned. Within the United States, the company does not operate in Texas or New York State.

What coins does Bitrue support?

Bitrue supports up to 539 tokens across 846 markets. All of the most popular digital assets such as BTC, ETH, XRP, and SOL are available on the exchange. In addition, the exchange also offers fiat to cryptocurrency and cryptocurrency to cryptocurrency trading.

What are the fees for Bitrue?

Except for certain transactions, Bitrue's standard transaction fees are as follows - XRP/BTC, XRP/USDT, XRP/ETH: 0.20% Other BTC, ETH, and USDT pairs: 0.098% XRP pairs: 0.28% If a user uses the exchange's native token BTR to pay for their transactions, they will receive a 30% discount.

Can I trade with leverage or margin on Bitrue?

The exchange does not support leveraged trading. However, in 2021, the platform launched a crypto derivatives contract that not only frees investors from the hassle of managing margin trades, but also gives them access to a wider variety of underlying assets. The exchange has also launched a leverage token, which allows traders to increase their principal and earn more by leveraging up to 3x.