What Is Bitrue?
Bitrue Is A Cryptocurrency Trading Platform Created By A Team Of Cryptocurrency Enthusiasts And Financial Professionals. It Provides Clients With A Way To Trade And Manage Cryptocurrencies, As Well As Invest And Earn Passive Income.
In The Early Stages Of The Platform, It Focused On Ripple (XRP), A Decision That Gave It An Advantage. The Centralized Exchange Has 48 XRP Trading Pairs, The Most In The Industry. Its Daily Trading Volume Also Exceeds $1 Billion.
Who Is The Founder Of Bitrue?
The Company Was Founded By Curis Wang. Before Founding The Crypto Startup, He Worked At Cheetah Mobile - A Chinese Mobile Internet Company Headquartered In Beijing. Cheetah Mobile Launched A Variety Of Globally Popular Mobile End Applications. Curis Wang Served As The Head Of Innovative Business Development At Cheetah Mobile For Almost 4 Years. Speaking Of His Academic Qualifications, 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 Mainly Located In Singapore And Taiwan, With Offices In The United States, Europe, And Asia.
Countries That Restrict The Use Of Bitrue
The Cryptocurrency Exchange Is Available In Multiple Countries Around The World (such As The United States, The United Kingdom, Canada, And Singapore). However, Countries On The OFAC (US Treasury Office Of Foreign Assets Control) List, Or Countries Like China That Ban The Use Of Cryptocurrencies, Still Restrict The Use Of The Exchange. Within The United States, The Company Does Not Operate In Texas Or New York.
What Currencies Can Bitrue Support?
Bitrue Supports Up To 539 Tokens Across 846 Markets. All The Hottest Digital Assets (such As BTC, ETH, XRP, And SOL) Can Be Used On The Exchange. In Addition, The Exchange Also Offers Fiat-to-cryptocurrency, Cryptocurrency-to-cryptocurrency Trading.
What Is The Processing Fee For Bitrue?
Except For Certain Transactions, Bitrue's Standard Trading Fees Are As Follows - XRP/BTC, XRP/USDT, XRP/ETH: 0.20%
Other BTC, ETH, And USDT Trading Pairs: 0.098%
XRP Trading Pairs: 0.28%
If Users Pay Transaction Fees Using The Exchange's Native Token, BTR, They Can Get A 30% Discount.
Is It Possible To Use Leverage Or Margin Trading 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 Trading, But Also Gives Them Access To A Wider Variety Of Underlying Assets. The Exchange Also Launched Leveraged Tokens, Where Traders Can Increase Their Principal And Earn More With Up To 3x Leverage.
