Bitrue, an advanced crypto trading platform, has recently (only yesterday) added DigiByte (DGB) and IOTA against XRP. The highlight is Bitrue will be doing an airdrop for 300,000 DGB and 7,000 IOTA. Bitrue have also mentioned their trading rates for these coins being 0.048 percent, and the amount each user receives will be proportional to the total funds they hold in relative comparison to other Bitrue users.
Any BTR (the native token of cryptocurrency exchange) that is being held will be 1.5 times its value when the user accesses their total funds according to this calculation.
— Bitrue (@BitrueOfficial) August 7, 2019
This announcement from Bitrue has already got most of the users excited. Bitrue is a leading global trading platform for cryptocurrencies and boasts offices across the world, and works based on a multi-threaded high-performance order matching engine.
Bitrue’s uptime stat’s are phenomenon, thanks to its exceptional decentralized structure and anti-DDOS protection systems. Regardless of device, Bitrue is supported across devices and platforms with extensive access to their account and support. Being launched only in July 2018, Bitrue sees phenomenal growth. It is led by the Curis Wang and a team of senior management executives from Captial one.
Last year Bitrue had close to USD 65 million trading volume in 24 hours and took the 66th place in the cryptocurrency exchange platforms. However, it is still a long way from the big shots like OKEx and Binance, whose trading volume is around USD 2.3 billion within 24 hours.
Nevertheless, being located in Taiwan, Singapore, US, and Canda, Bitrue opens the scopes for US investors, and this could be a very positive point for its growth.
With their new trading rates that have dropped to 0.048 percent from 0.098 percent last year, this news could prove enchanting, especially with the airdrops offer. Bitrue does want to increase its followers and usage metrics to expand its market. Both are less compared to the industry average as below,
Take fee in Singapore on an average: 0.29 percent
Maker fee in Singapore on an average: 0.21 percent
Now getting to the withdrawal fee, Bitrue charges 0.0005 BTC, and that again is meager compared to the global industry average of 0.0000812 BTC, which gives Bitrue an advantage among the market. New investors aren’t welcomed well with Bitrue as it requires investors to have previous trading histories to use this platform. However, the security of Bitrue website has improved from a Grade F to C, within a span of six months from Oct 2018 to April 2019.
It is definitely good to grab the DigiByte (DGB) & IOTA airdrops with Bitrue and get on with your trading.
Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.