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Bleutrade Exchange Review, Account Opening & Trading Guide 2018

Bleutrade – Introduction:

Today we will talk about the Bleutrade exchange. In this article, we will talk about how a user can open an account on the Bleutrade exchange, its merits demerits, public opinion, fees, how to trade via Bleutrade exchange and in the end answers to frequently asked questions from the user’s point of view. Bleutrade is a well-known cryptocurrency exchange. Bleutrade offers commercial trading in a wide selection of cryptocurrencies including Ether, Bitcoin, Dash, Litecoin, Dogecoin, Bitcoin Gold, Bitcoin Cash, Name Coin and many more. In total BTC-Alpha offers fifty-five cryptocurrencies and 1485 pairs of currencies. Bleutrade does not support trading in fiat currencies it only supports cryptocurrency for trading. While Bleutrade is not the only exchange that does not support fiat currency. There are many other exchanges like Okex, Bittrex, Binance that also does not support trading in fiat currency. Bleutrade also does not support margin trading. Bleutrade is a Brazilian platform for the exchange of cryptocurrencies. There is not much information provided about the offices of the exchange, but the exchange claims to operate around the world. Bleutrade is one of the top-ranked exchange concerning to the volume of the exchange. The exchange established in 2014 and claims to contain more than 30,000 users up till now. Bleutrade is not the only exchange operating in Brazil. There are many other local, and global exchanges working in Brazil like Coinmama and Local Bitcoins According to one of the statements of the Central Bank Brazil form 2014 the cryptocurrency exchanges are not regulated anymore. Many people consider that Bleutrade is a slow exchange for the trading of cryptocurrency and it does not have enough liquidity. As mentioned earlier that Bleutrade is crypto to crypto exchange and it does not accept fiat currencies so, there are no deposit fees, and similarly, there are no transaction fees irrespective of the choice of the coin.

Related reading, see: Top 10 Best Bitcoin and Cryptocurrency Exchanges 2018

About Tayyab M

I love to talk about global tech-happenings, startups, industry, education and economy.

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