Bitrue launched a new community owned, ecosystem-driven highly secure crypto exchange. Upon its launch, Bitrue also announced partnerships with Wanchain for marketing and ecosystem development. Bitrue will be partnering with more promising ICO projects to build a healthy ecosystem.
Commenting on its launch in India Bitrue CEO Curis Wang said “The Indian market for crypto-currency has been growing steadily with the last recorded number of users being around 6 lakhs. Bitrue’s third largest user base is in India. We will do our best to serve our current users and help Indian crypto-currency investor’s trade securely on our platform.”
“As hacker attacks increase, the safety of crypto trading has become the biggest concern for users. A responsible exchange must ensure the highest level of security,” said Bitrue CEO Curis Wang. “Bitrue has made transaction safety the core element of its products, as more than 90% of user assets in its system are stored in cold wallets and critical messages are located in distributed storage systems with multiple clusters. The exchange has even created an internal risk control model with four certification levels, a multi-layer trading infrastructure, an independent trading domain and real-time monitoring capabilities.”
Bitrue is adopting the security service of McAfee and has been certified by NSFOCUS, as the exchange tries to provide a stable and reassuring crypto trading environment.
While the market is now full of knockoffs like scammy tokens, cryptocurrency pyramid schemes and copycat coins, Wang believes that instead of just thinking about how to make money from listing fees, exchanges should strictly review ICO applicants to help users identify good currencies from bad ones. “Bitrue is committed to list only legit and promising tokens on our platform, Wang emphasized, “With our professional process and team for currency selection, Bitrue is able to screen the candidates and build a healthy environment for trading.”
Bitrue is more than just an exchange for crypto-currencies— it’s actually a “community. While most exchanges are centralized and profit-oriented, Bitrue is open and transparent. “At Bitrue, everybody is shareholder and co-manager of the exchange.” Wang said cryptocurrency trading is an emerging market and only the participation of more people can make it more stable and diversified. It invites all users to participate in its management by delegating all economic and voting rights concerning currency listing.