Bitrue Review 2027Core Trading Conditions and Fees

Bitrue review 2027: the XRP community's exchange

Bitrue was founded in Singapore in 2018 and found its audience quickly by doing something no other exchange had done: making XRP a base currency. Traders could buy other coins directly with XRP instead of converting to bitcoin or a stablecoin first. That decision won lasting loyalty from XRP holders, and Bitrue has leaned into the relationship ever since, adding tokens from the XRP Ledger ecosystem early and supporting related networks. It now reports more than ten million users and ranks among the higher-volume mid-tier exchanges in 2027.

Markets

More than 700 tokens are listed, with pairs quoted in USDT, USDC, XRP, bitcoin and ether. The exchange is typically among the first to list assets connected with Ripple and the XRP Ledger, including its dollar stablecoin, and it supports a wide spread of other small and mid-cap coins. USDT-margined and coin-margined perpetual futures are offered with leverage up to 125 times on leading contracts. Copy trading, grid bots and leveraged ETF-style tokens are also available.

Power Piggy and yield products

Bitrue has always promoted earning features. Power Piggy is its flexible savings product, paying daily interest on a rotating set of coins, usually with a cap on the amount that qualifies for the advertised rate. There are fixed-term deposits, staking, a yield-farming hub and a loan service that lets users borrow against their holdings. Advertised rates on small capped amounts can look very attractive. The funds are held and deployed by the exchange, with no deposit protection, so these are credit exposures to Bitrue and should be treated as such.

Fees

The standard spot fee is about 0.098% for both makers and takers on major pairs, with some XRP-quoted pairs priced higher. Paying with BTR, the platform's token, gives a discount, and VIP tiers reduce rates further. Futures are charged around 0.02% for makers and 0.06% for takers. Deposits are free. Withdrawal fees vary; XRP withdrawals are inexpensive, in keeping with the network's low transaction cost.

Two security breaches

Bitrue has been hacked twice. In June 2019 an attacker exploited a weakness in its risk-control process to reach a hot wallet and stole about $4.5 million in XRP and Cardano. In April 2023 a hot wallet was compromised again, with losses of around $23 million in several tokens. On both occasions the exchange stated that the affected wallet held a small fraction of total assets, suspended withdrawals for a period, and compensated all affected users in full. Customers did not lose money, but a repeat incident indicates hot wallet controls needed more than one round of fixing.

Reserves

The exchange publishes proof of reserves with Merkle-tree verification for its main assets and reports ratios above 100%. It also maintains an insurance fund for security incidents. As is common among exchanges of this size, the reports are produced on the company's own schedule with limited outside audit, and they do not cover liabilities arising from lending and earn products in any detail.

Regulatory status

Bitrue operates through offshore entities and does not hold a licence from the Monetary Authority of Singapore to serve retail customers there, nor authorisation from top-tier regulators in Europe, the United Kingdom or the United States. It has announced registrations or approvals in a few jurisdictions, including in parts of Europe. US residents are restricted from much of the platform. Trading has been possible with minimal verification, with identity checks required for higher withdrawal limits and fiat services.

Fiat access and usability

Crypto can be bought with cards and bank transfers through integrated third-party providers in many currencies; their fees are built into the quoted price. The website and app are easy to navigate, with a simple mode and a full trading view, and the exchange supports a large number of languages. Customer service is offered through chat and tickets, and the company is active on social media, where much of its XRP-focused community gathers.

Pros and cons

• XRP focus: XRP base pairs and early support for XRP Ledger tokens.
• Selection: hundreds of spot tokens and futures contracts.
• Reimbursement: users were compensated in full after both hacks.
• Security record: two hot wallet breaches.
• Regulation: no major licence.
• Yield risk: savings products are unsecured claims on the exchange.

Who should use Bitrue?

Bitrue is a natural fit for XRP holders who want to trade directly from XRP or access tokens from that ecosystem early. For general-purpose trading, larger exchanges provide stronger liquidity and safeguards.

Verdict

Bitrue has a clear identity and has stood behind its customers when things went wrong. For 2027 it works well as a specialist venue. Limit the balance you keep there, read the conditions on any earn product closely, and move long-term XRP holdings to a wallet you control.

Bitrue review: compare the alternatives

This Bitrue review is part of our Top 45 Cryptocurrency Exchanges in 2027 ranking. To compare, read the Toobit review and the AscendEX review.