Bitrue Review 2027 Fees, Features and Safety

This Bitrue review for 2027 looks at the Singapore-based crypto exchange, founded in 2018, and covers trading fees, security record, the BTR token and regulation, so you can decide whether it fits the way you trade.

Bitrue overview (2027)

Bitrue is a cryptocurrency exchange founded in Singapore in July 2018. It is led by chief executive Curis Wang and reports a user base of several million people worldwide. Bitrue made its name by doing something no other exchange had tried at the time: it adopted XRP as a base currency, letting traders buy other coins directly with XRP. That decision earned it a devoted following among XRP holders that continues today.

The XRP connection

Bitrue lists a large number of XRP trading pairs and is usually quick to support tokens and stablecoins issued on the XRP Ledger, as well as assets from related networks. It has run promotional campaigns for XRP-ecosystem projects and has been a go-to venue when new tokens distributed to XRP holders begin trading. If your portfolio is built around XRP, few centralised exchanges cater to it as directly.

The exchange is not limited to that niche. Its spot market carries several hundred tokens overall, including a wide spread of small and mid-sized altcoins.

Products

• Spot trading with USDT, BTC, ETH and XRP base pairs.
• Futures: USDT-margined and coin-margined perpetual contracts.
• Copy trading for futures.
• Power Piggy: Bitrue's flexible savings product, which pays daily interest on deposited coins with no lock-up. Rates on popular assets are capped per user, and promotional rates change frequently.
• Staking and fixed-term investments with higher yields for locked funds.
• Crypto loans secured by digital asset collateral.
• Trading bots such as grid strategies.
• Buy crypto with cards through payment partners.

Yield products have been central to Bitrue's growth. As always, an advertised rate reflects risk taken somewhere, and exchange-run savings accounts are not protected like bank deposits.

BTR token and fees

Bitrue Coin (BTR) is the native token. Holding or locking BTR provides fee discounts, voting rights on some listings and access to higher-yield investment products.

Spot fees are close to 0.1% for most pairs, with XRP-quoted pairs sometimes priced differently. Paying in BTR lowers the cost. Futures fees are in the standard range of a few hundredths of a percent for makers and slightly more for takers. Deposits are free. Check withdrawal fees per coin, and note that XRP transfers require a destination tag, a common source of lost deposits for newcomers.

Two hacks

Bitrue has been breached twice.

In June 2019 an attacker exploited a weakness in a risk-control process to access about 90 user accounts and withdrew XRP and Cardano worth roughly $4.5 million. Bitrue disclosed the incident within hours, worked with other exchanges to freeze part of the funds, and replaced all stolen assets.

In April 2023 a hot wallet was compromised and around $23 million in various tokens was taken. The exchange suspended withdrawals for several days while it investigated. It stated that the affected wallet held less than 5% of total funds and that every impacted user would be compensated in full.

In both cases customers were made whole, which matters. Two incidents in four years also indicate that hot wallet security has been a weak point. Bitrue has since published proof-of-reserves data and says it has strengthened its controls.

Regulation

Bitrue's regulatory coverage is limited. It has obtained registrations in a small number of jurisdictions but does not hold a major exchange licence in the European Union, United Kingdom or United States, and it restricts services to US residents. Despite its Singapore origins, it is not licensed there to serve local retail customers. Identity verification unlocks higher withdrawal limits and is required for many features.

Users should plan on the basis that any dispute will be handled by the exchange alone.

Who is Bitrue best for?

Bitrue is most compelling for XRP enthusiasts who want XRP pairs and early access to XRP Ledger tokens. Yield seekers may be interested in Power Piggy for small flexible balances, and altcoin traders will find some listings that are scarce elsewhere.

It is less suitable for risk-averse investors, large balances or people who require a regulated venue.

Pros and cons

• Pros: unmatched XRP pair selection, flexible savings with daily interest, hundreds of altcoins, losses from both hacks reimbursed, futures and copy trading available.
• Cons: hacked in 2019 and 2023, limited licensing, moderate liquidity outside major pairs, yield products carry platform risk.

Getting started

Sign up with an email address, enable two-factor authentication and complete verification. Deposit crypto, taking care to include the tag when sending XRP, and start with spot trades. Keep only working balances on the platform.

Bitrue review: verdict for 2027

Bitrue has carved out a clear identity as the XRP community's exchange, backed by a broad altcoin market and popular savings tools. Its security history and thin regulation call for caution. For XRP-focused traders who manage their exposure, it remains a useful specialist venue.

Compare this Bitrue review with all 40 crypto exchanges in our 2027 list, and confirm the latest terms on the official Bitrue website before you open an account.