RESEARCH & ANALYSIS
FOR THE CRYPTO ECONOMY.

bleutrade

bleutrade Exchange Review

Centralized
  • 24h Trading Volume

    4.748 BTC
  • Establish date

    2017

bleutrade Exchange Review

  • bleutrade Withdraw

    BTC – 0.001 BTC

    BCH – 0.001 BCH

    ETH – 0.01 ETH

    Full list of fees can be found here

  • bleutrade Deposit fees

    Free
  • Accepted Payment Method

    Crypto to Crypto, Crypto to FIAT
  • Native Token

    Yes
  • Margin Trading

    No

bleutrade Exchange Score Analysis

Bleutrade, Brazilian-turned-Maltese crypto exchange, is an old player in the space, having been founded as far back as 2014. The exchange has recently moved its operations to Malta to relieve itself of regulatory scrutiny and allow for freer and more flexible operation. While Bleutrade definitely has a shiny new website, which definitely attracts traders and incentivizes them to stay, the seriously lack in attracting volume – Many of the coin listed on the exchange are too exotic and small in reach to attract considerable volume, while what we call “”mid-range”” coins (coins which are not the top in market cap but also not at the bottom) do not recieve a good enough representation on the exchange, and so it finds itself in an awkward situation, where it can’t quite attract top-coin volume but also not bottom. Our biggest concern regarding Bleutrade is its team: The people running the exchange have an almost nonexistant online presence, are not active on social media (apart from Rodrigo Henrik, which we are not sure what his responsibilities are) and we have no way of knowing if users’ funds are entrused in the hands of capable individuals. While Bleutrade was never hacked, an impressive feat for a 5-year running crypto exchange, we do fear for safety of user funds, due to the unclear risk management situation at the company.