Is Bitrue Exchange trustworthy? Will Bitrue run away? How to prevent running away in advance?

Bitrue’s credibility assessment: 1. Operation history and safety record: Bitrue has been operating for 5 years without major safety incidents and has passed multiple audits. 2. Regulatory compliance: Possess a Seychelles FSA license and comply with strict regulatory requirements. 3. Fund security measures: Use cold wallets, multi-signatures and 2FA to protect user assets. 4. Customer Support: Provides 24/7 support with positive user feedback. 5. Possibility of running away: The operation time is short, but the solid operation, supervision and financial security measures indicate that running away is unlikely. Measures to prevent missing out: **1. Choose the trust

Is the Bitrue exchange trustworthy?

Bitrue is a cryptocurrency exchange launched in 2018. Its credibility depends largely on the following factors:

History:
Bitrue has been operating for 5 years without any major security incidents or scandals during this period. It has passed many audits and security checks.

Regulation:
Bitrue is headquartered in Seychelles and holds a license from the Seychelles Financial Services Authority (FSA). The license requires the exchange to adhere to strict regulations, including being regularly audited.

Fund Security:
Bitrue uses cold wallets and multi-signatures to store user assets to protect them from unauthorized access and hacker attacks. It also offers two-factor authentication (2FA) and anti-phishing features.

Customer Support:
Bitrue offers 24/7 customer support, offering assistance via live chat, email, and phone. Feedback from users has been generally positive, praising the support team for its responsiveness and efficiency.

Will he run away?

Bitrue has been operating for a relatively short time, but its solid operating history, regulatory compliance, and capital security measures suggest it is unlikely to run away. However, it is important to note that the cryptocurrency industry is inherently volatile and no exchange is completely free from risk.

How to prevent scams in advance:

In order to reduce the risk of scams on exchanges, users can take the following preventive measures:

• Choose a reputable exchange: Research the exchange’s history and regulatory compliance performance and safety features.
• Only deposit the amount you need into the exchange: Don’t deposit all your funds into the exchange at once, only deposit what you need for your intention to trade or hold for the short term.
• Enable Two-Factor Authentication (2FA): This adds a layer of protection to your account from unauthorized access.
• Withdraw funds regularly: Holding large amounts of funds on an exchange for an extended period of time may increase your risk of being hacked or scammed.
• Diversify your assets: Instead of concentrating your funds on one exchange, consider holding your assets on multiple reputable platforms.

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