Where does Bitrue Exchange rank globally? How is the strength? Is it safe?
Ranked 44th globally, Bitrue is a cryptocurrency exchange with high trading volume, platform stability, and innovative products that place it among the powerful exchanges. Its security measures include cold storage wallets, 2FA, and strict AML/CTF compliance to ensure the platform is secure.
Bitrue Exchange Global Ranking and Strength & Security
Bitrue is a Singapore-based cryptocurrency exchange established in 2018. According to CoinMarketCap, As of March 2023, Bitrue ranks 44th among global cryptocurrency exchanges.
Strength
Bitrue has the following advantages that prove its strength:
- High Trading Volume: The exchange’s 24-hour trading volume exceeds $1 billion, making it one of the largest exchanges in the world by trading volume one.
- Platform Stability: Bitrue has proven its ability to handle high transaction volumes without major glitches.
- Innovative Products: Bitrue offers various innovative products such as Bitrue Savings, Bitrue Card and Bitrue Coin (BTR).
- Powerful Backing: Bitrue is backed by well-known investors including Binance Labs and Arrington Capital.
Security
Bitrue takes multiple measures to ensure the security of its platform:
- Cold Storage Wallet: Most users’ funds are stored in offline cold wallets to prevent hacker attacks.
- Two-Factor Authentication (2FA): Users must enable 2FA to access their account.
- Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) Compliance: Bitrue has implemented strict AML and CTF policies to prevent money laundering and terrorist financing.
- Bug Bounty Program: Bitrue rewards researchers who report security vulnerabilities in its platform.
In general, Bitrue Exchange has a relatively high global ranking and has strong strength and security measures. It is a trustworthy platform that caters to the needs of cryptocurrency traders.
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