Bleutrade is by far not the only exchange that does not support fiat currencies. Others, like Binance, Okex, Bittrex, Quoine’s Qryptos offer similar services. Some of them, for example Bitmex and Qryptos even provide the option for leveraged trading, which is not the case with Bleutrade.
Bleutrade is a cryptocurrency exchange that was established in 2014 to provide a crypto-crypto exchange service to traders and investors. In other words, trade accounts with Bleutrade can only be funded witch cryptocurrencies (BTC and ETH) and these can then be used to purchase other cryptocurrencies of interest. This brand was founded in Recife; the area known as Brazil’s Silicon Valley.
|Withdraw fee||0.001 BTC|
How To Start With Bleutrade
To start trading with Bleutrade , Indian residents first have to sign up for an account by following the steps below.
Step 1. Click on the “Login/Signup” link on the top right hand corner of the Bleutrade website.
Step 2. In the form, fill in your first name, last name, mobile number, email ID and password.
Step 3. If you have a referral code, enter the code while creating your account.
Step 4. Submit the form and wait for an activation email to be sent to you.
Step 5. Click on the “confirm email” link in the activation email.
Step 6. After your account is activated, you’ll be sent a 6 digit one time password (OTP), which you have to enter after logging into your Bleutrade account
There are a number of top crypto exchanges out there in the world who don’t charge different fees between takers and makers. Usually, we say that such exchanges’ trading fees are “flat”. Bleutrade offers a flat trading fee of 0.25%. For investors who prefer to pick-up existing orders from the order book, this is a more attractive trading fee model. Bleutrade’s trading fees are in line with the global industry average.
Bleutrade Withdrawal fees
Many exchanges have competitive trading fees but then hit you on the way out with their withdrawal fees. Let’s say you have reached your investment goals and you are looking to buy house with bitcoin. But in order to buy the house, you need to withdraw the funds. And BAM! – the exchange can make up for its low trading fees when you’re halfway out the door. However, Bleutrade charges a withdrawal fee amounting to 0.001 BTC when you withdraw BTC. This is also in line with industry average.
This exchange does not accept any other deposit method than cryptocurrencies, so new crypto investors are restricted from trading here. If you are a new crypto investor and you wish to start trading at this exchange, you will have to purchase cryptos from another exchange first and then.
Payment Method Accept
Bleutrade does not accept fiat money deposits. However, it does accept deposits in an extensive range of cryptocurrencies. A list of those currencies and the confirmations required to complete a trade is shown in the table below.
If you need help with your account or have a problem with a trade, Bleutrade allows you to submit a support ticket via the trading platform. You can also find a small number of frequently asked questions and their answers.
Is it safe to use Bleutrade
Bleutrade requires you to verify your email address before you can withdraw any funds, and providing additional verification (such as your phone number and proof of ID) allows you to enjoy higher daily withdrawal limits. The platform also gives you the option to setup two-factor authentication to increase the security of your account.