How to Buy Bitrue Coin BTR in 2023: A Simple Guide

Bitrue has a long-standing relationship with Ripple and is well-known for offering a wide range of XRP-based trading pairs. The exponential rise in crypto trading and conversion to digital assets has given various cryptocurrency trading platforms a fresh demographic of users. Now, the new users being beginners, might find it cumbersome to navigate their way through multiple brands and look for the ones they are interested in. The more choices there are, the more things one needs to consider while finding the right platform for themselves and their requirements. Safety, simplicity, terms, rights, etc., are only some of the options one has to learn about before narrowing down to the company and a platform of their preference.

  • There is also an impressive selection of trading options and order types.
  • It is currently the second-best platform after Binance for XRP.
  • Bitrue is one of the best places to buy XRP and is also suited for investors and traders who are looking to trade XRP pairs to accumulate tokens.
  • Some of the top perpetual future pairs are BTC/USDT, XRP/USDT, 1000SHIB/USDT, ADA/USDT, and ETH/USDT.
  • You can basically use debit card, credit card, or even PayPal to buy the Bitrue Coin (or any other cryptocurrencies).

The website recommends using other platforms like LocalBitcoins and OTCBTC for a better selection of payment options before depositing on Bitrue. The platform charges trading fees for all the pairs available. The charges are comparable to platforms like Binance and are better than Coinbase. This is an easy step-by-step guide for a complete beginner to buy crypto with a credit card on Bitrue and to send it to an external wallet if you wish. Bitrue has a feature called the 'Piggy Bank' which allows verified users on the platform to deposit funds and participate in a staking pool. The feature is on a first-come-first-serve basis, therefore the funds must first be deposited to the wallet to be eligible.

The platform boasts multi-layered systems to protect data and assets. Assets are also secured using a multi signature cold and hot wallet with isolation technology to guarantee asset safety. 99% of crypto assets are stored offline in the cold wallet to prevent easy access by hackers. To conclude our Bitrue exchange review, we were impressed with the features offered, and the trading interface stood out with its modern design and advanced tools. Users can speculate on the wide selection of XRP trading pairs not offered elsewhere, and there is no need to complete ID verification.

A group of enthusiasts established Bitrue with a focus on cryptocurrency trading. While the Bitrue app is reminiscent of most other exchanges (Binance feeling especially similar), its lack of indicators and charting tools somewhat limits its usability. With so many options out there and so many unbalanced reviews across the internet, it can be quite challenging to choose the right exchange service. For the sake of transparency, we can tell you that our operations keep running each time you click on these recommendations.

You can rely on us to provide the most up-to-date and accurate information, as we only use credible and reputable sources for our content. This puts investors in the best position to make smart crypto decisions. It has a completely different network and structure than the regular Bitcoin. The only way to own a Bitrue Coin is to buy it from a reliable exchange. Once you have filled out the total amount of USDT you want to trade for BTR, click that “Buy” button. This contains all the “Limit” orders that users of Bitrue has placed.

Step 1: Buy Bitcoin (BTC) or Ethereum (ETH) at Coinbase

One thing to consider might be that due to the sheer volume of its users, customers have mentioned delayed responses from the team. BTR, the Bitrue Coin, is the native token of the Bitrue platform and exchange. This native token has been improvised and is now based on the XRP blockchain ledger. As the XRP is highly scalable and efficient for payments, this can come as an added benefit from the brand’s decision to shift from ERC-20. Any kind of payment on the exchange can be made with crypto coins, but BTR tends to be the most effective and optimal.

  • Cross mode will use all the funds in your futures account while you have a chance to specify the amount for isolated mode.
  • Bitrue is the 28th largest cryptocurrency exchange in the world by traffic, liquidity, trading volumes, and confidence in the legitimacy of trading volumes reported.
  • The first thing you need to do when Coinbase has loaded is to click the “Get started” button in the top right corner.
  • The platform offers cutting-edge features like social trading, which allows you to copy the techniques of other traders.
  • Bitrue is an all-in-one platform where users can use their Bitrue accounts to buy/sell, exchange, and deposit/withdraw crypto, and blockchain-based digital assets.

After that, you will have to fill out your first name, last name, email, and password. Then click the “I certify that I am 18 years of age or older” box and the “Create account” button. Traders enjoy several order types, including limit and market orders.

Bitrue Supported Cryptos and Trading Pairs

There was also another security breach involving Ethereum Classic in 2019. The exchange provides a limited number of ways to fund your user account using fiat money. Exchanges like Binance and Coinbase provide far better options in this respect. You can use leverage on both the perpetual futures and leveraged EFTs.

Do I have to verify my account with Bitrue?

The Power Piggy feature allows users to earn by investing their crypto in the exchange. The feature supports over 60 coins, including BTC, XRP and ADA. Buying and selling crypto on Bitrue using other crypto and a credit card is simple enough for beginners. However, OTC traders may find it complicated due to the use of a third-party crypto firm.

Is Bitrue available in my language?

Once the verification is done you will have higher limits and access to everything you need. This step might be a bit scary to some but there is nothing to worry about. Coinbase is a regulated company and is trusted by 56 million verified customers. This whole Know-Your-Customer (KYC) process should not take longer than 15 minutes.

The founder of Bitrue is Curis Wang, who is a passionate crypto and blockchain enthusiast sitting in Silicon Valley. To reach out to the support, customers can contact the support team via email, Twitter, Telegram, or Facebook. The website has numerous automated atfx forex broker review pages and sections to help resolve any functionality problem to solve the fundamental issues. With a thorough help center, the website stands to act as a step-by-step walkthrough for most of the functionalities and options that customers might come to use.

There is also the option to buy crypto using a credit card through the payment provider Simplex. This external service provider charges fees of 3.5% per transaction or 10 USD, whichever is higher. Mastercard and VISA payments are fast and secure, with the coins arriving at the Bitrue wallet between 10 and 30 minutes.

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