RESEARCH & ANALYSIS
FOR THE CRYPTO ECONOMY.

Bitrue

Bitrue Exchange Review

Centralized
  • 24h Trading Volume

    6694.518 BTC
  • Establish date

    2018
  • Headquater

    Singapore

Bitrue Exchange Review

  • Bitrue Withdraw

    BTC – 0.0005 BTC

    ETH – 0.01 ETH

    LTC – 0.001 LTC

    Full list of fees can be found here

  • Bitrue Deposit fees

    Free
  • Accepted Payment Method

    Crypto to Crypto only
  • Native Token

    Yes
  • Margin Trading

    No
  • Download Clients

    • Download client
    • Download client

Bitrue Exchange Score Analysis

Bitrue is a relatively new exchange, having been launched in early 2018. The exchange made local headlines by introducing an XRP base market, which many XRP enthusiasts responded positively to, and were subsequently attracted to trade on the exchange. Nevertheless, for the time being, we see many issues with the young exchange. While it claims to operate five offices around the globe, it appears there are no more than 6 team members and one advisor, and not one of them is in charge of securing user funds. Additionally, the Bitrue exchange is CEO Curis Wang’s first foray into the blockchain space, having worked in telecom before, and it does not seem he has much experience. Further hindering the exchange is its poorly constructed site, unappealing to english speakers and very basic in relation to its competition – which we should add is fierce. To conclude, Bitrue as of now does not offer a significant advantage over many of its competitors, and although it appears as if they manage to attract significant volume, the actual masses of traders will not migrate over to the exchange anytime soon, and with good reasons – it is simply too young and risky for these customers. Until Bitrue matures a little, grows as a company and better suits itself to the ultra-competitive crypto market we would advise staying away from the exchange.