TAIPEI, July 26, 2018 /PRNewswire/ -- Bitrue, an exchange for cryptocurrency trading committed to safety and professional selection of ICO projects, officially launched today with the ambition of becoming the most intuitive and secure crypto exchange. Upon its launch, Bitrue also announced its partnership with Wanchain, a world-renowned blockchain ecosystem for marketing and ecosystem development. Bitrue is also one of the first exchanges to list XRP, one of the world's top three cryptocurrencies by value, as a base currency. Bitrue will be partnering with more promising ICO projects to build a healthy ecosystem.
"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."
Its network security protection system has passed a number of simulated hacker attacks and penetration tests. Meanwhile, Bitrue is adopting the security services of McAfee, a leader in computer security software, and has been certified by NSFOCUS, a pioneer in cyber security, 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 legitimate and promising tokens on our platform, Wang emphasized, "with our professional process and team for currency selection, Bitrue is able to screen candidates and build a healthy environment for trading."
Bitrue is more than just an exchange for cryptocurrencies -- it's actually a "community. While most exchanges are centralized and profit-oriented, Bitrue is open and transparent. At Bitrue, everybody is a shareholder and co-manager of the exchange," said Wang. He added that 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.
The newly-launched Bitrue is already able to present some of the best cryptocurrencies to users around the world. The first partners include Wanchain, whose ICO sold out in less than ten minutes. Moreover, the exchange has also listed XRP as its base currency so XRP holders can purchase other high-quality cryptocurrencies with ease and at lower fees. To celebrate the inclusion of XRP, Bitrue will be offering a special bonus for XRP traders next week.
Bitrue is a forward-thinking cryptocurrency exchange platform dedicated to providing the most trustworthy digital asset management services in a simple, efficient and secure manner. Launched in 2018, Bitrue is a Singapore-based company with a vision in providing both novice and advanced traders a simple, yet highly secured and efficient environment to manage digital assets in a better way. The company was built by a good mix of digital finance experts, cyber security specialists and blockchain developers, who share the same passion of redefining crypto trading experiences. Bitrue has offices in the U.S. and Asia Pacific.
For more information, please contact: