Bitrue CEX Rank #38

Bitrue is a centralized cryptocurrency exchange (CEX) — an online platform run by a company where you can buy, sell, and trade digital coins. Founded in 2018, it became known for supporting the XRP ecosystem and for offering "Power Piggy," a feature that lets users earn rewards on crypto they are holding. Like any CEX, the company holds your funds for you, so it is convenient but means you are trusting a third party.

What is Bitrue?

Bitrue is a crypto exchange that acts as a middleman between buyers and sellers. You create an account, deposit money or crypto, and the platform matches your orders with other users. Because it is "centralized," Bitrue manages the order book, custody, and security on your behalf. This makes it beginner-friendly compared with decentralized tools, but it also means the saying "not your keys, not your coins" applies — you do not directly control the private keys to assets kept on the exchange.

What can you do on Bitrue?

Bitrue offers a fairly broad set of services for retail users:

• Spot trading — buying and selling coins at the current market price across many trading pairs.
• Futures and leveraged products — more advanced (and higher-risk) trading for experienced users.
• Earn / staking features — products such as Power Piggy and yield programs that pay rewards for depositing supported coins.
• Buying crypto with a card or fiat — on-ramp options to convert traditional money into crypto, where available.
• A mobile app for trading and managing your portfolio on the go.

It has historically been popular among holders of XRP and other altcoins, listing a wide range of tokens beyond the largest coins.

Bitrue fees and costs

Like most exchanges, Bitrue charges trading fees (a small percentage of each trade) and may apply deposit/withdrawal fees depending on the coin and network. Fees can vary by market, product, and your trading volume, and discounts may apply. Rather than rely on a fixed number here, always check the official Bitrue fee schedule before trading, as rates change over time.

Is Bitrue safe?

Bitrue is an established, widely used exchange, but no platform is risk-free. It has been the target of security incidents in the past, which is a reminder that any centralized exchange can be hacked or face outages. Sensible precautions help: enable two-factor authentication (2FA), use a strong unique password, and consider moving long-term holdings to a personal wallet you control. Always confirm you are on the genuine official website to avoid phishing scams, and remember that storing funds on any exchange carries counterparty risk.

Who is Bitrue for?

Bitrue tends to suit traders who want access to many altcoins, simple earn/staking products, and an all-in-one app. Complete beginners can use it for basic buying and selling, but the advanced products (futures, leverage) are best left until you understand the risks. As always, this is not financial advice — do your own research and never invest more than you can afford to lose.

Frequently asked questions

Is Bitrue a centralized or decentralized exchange?

Bitrue is a centralized exchange (CEX), meaning a company operates the platform and holds user funds, rather than trades happening directly between wallets.

Does Bitrue require identity verification?

Centralized exchanges like Bitrue typically ask users to complete KYC (Know Your Customer) identity verification to unlock full features. Requirements can vary by region, so check the official site for current rules.

How do I start using Bitrue safely?

Create an account on the official website, turn on 2FA, start with a small amount, and withdraw long-term holdings to a wallet you control once you are comfortable.