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Introduction

BitcoinTrade.com.br is a Brazilian cryptocurrency trading platform that allows users to buy and sell Bitcoin, Ethereum, Litecoin, and other digital assets. The platform also offers a wallet service to store cryptocurrencies. In this BitcoinTrade review, we will take a look at the features of the platform and try to answer the question: Is BitcoinTrade legit or a scam?

What is BitcoinTrade?

BitcoinTrade is a Brazilian bitcoin exchange platform that allows users to buy, sell, and trade bitcoins. The platform is one of the few exchanges that allow users to trade in Brazilian Real (BRL). BitcoinTrade has been in operation since 2013 and is one of the most popular bitcoin exchanges in Brazil.

How Does BitcoinTrade Work?

BitcoinTrade is a bitcoin exchange that allows you to buy and sell bitcoins. You can fund your account with Brazilian Reais (BRL) or U.S. Dollars (USD), and the exchange rate is determined by the current market rate.

To buy bitcoins, you will need to create an account and deposit BRL or USD into your account. Once you have deposited funds, you can then place an order to buy bitcoins at the current market rate. The bitcoins will be deposited into your BitcoinTrade account, and you can then withdraw them to your own personal wallet.

To sell bitcoins, you will need to create an account and deposit the bitcoins that you wish to sell into your BitcoinTrade account. Once your account is funded, you can then place an order to sell your bitcoins at the current market rate. The proceeds from the sale will be deposited into your BitcoinTrade account, and you can then withdraw them to your own personal wallet.

Is BitcoinTrade Legit or a Scam?

BitcoinTrade is a Brazilian cryptocurrency exchange that allows users to buy and sell Bitcoin, Ethereum, and other digital assets. The platform is one of the oldest and most popular exchanges in Brazil, with over 1 million registered users.

BitcoinTrade has been embroiled in controversy in recent years, with some users accusing the platform of being a scam. These allegations have largely been unsubstantiated, and the platform continues to operate successfully. Overall, it appears that BitcoinTrade is a legit exchange that is safe to use for buying and selling cryptocurrencies.

Pros and Cons

BitcoinTrade.com.br is a Brazilian bitcoin trading platform that allows users to buy and sell bitcoin. The platform has been in operation since 2014 and is one of the most popular bitcoin exchanges in Brazil. BitcoinTrade charges a 1% fee on all trades and offers 24/7 customer support.

The Pros:

-Low Fees: BitcoinTrade only charges a 1% fee on all trades, which is much lower than the average trading fee of 2%.

-24/7 Customer Support: The platform offers 24/7 customer support, so you can always get help if you have any questions or problems.

-High Liquidity: The platform has high liquidity, so you can always buy or sell bitcoin when you need to.

The Cons:

-No Anonymous Trading: Unlike some other bitcoin exchanges, BitcoinTrade does not allow anonymous trading. All users must create an account and provide their personal information.

-Limited Payment Methods: BitcoinTrade only accepts payments via bank transfer, so users who want to use another payment method will have to look elsewhere.

Conclusion

BitcoinTrade.com.br is a Brazilian bitcoin exchange that offers a variety of features and services to its users. Overall, we found the exchange to be reliable and legitimate, although there were a few areas where we felt it could improve. In particular, we would like to see more transparency around fees and some of the other terms and conditions. Overall, though, we think BitcoinTrade is a good option for Brazilian bitcoin users.

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