What is Trubit?
TruBit Exchange, formerly known as Mexo, is an online cryptocurrency exchange based in Mexico. Launched in 2020, it focuses on providing a comprehensive platform for derivatives trading, including spot trading and contracts trading.
Mexo Exchange Rebrand to TruBit
In response to the evolving cryptocurrency landscape, Mexo Exchange underwent a rebranding and officially changed its name to TruBit Pro on October 3, 2022. This strategic move aims to enhance the user experience and build a robust ecosystem for Latin American users.
TruBit Exchange Mobile Support
TruBit Exchange recognizes the importance of catering to different trader preferences. While many prefer desktop trading, the TruBit mobile app offers a user-friendly experience for those who prefer trading on the go.
Leveraged Trading
TruBit's derivative trading allows users to engage in leveraged trading, enabling them to borrow up to 100x the value of their assets. However, the platform emphasizes the inherent risks associated with leveraging investments.
Affiliate Program
TruBit Exchange offers an attractive Affiliate Program with four different levels, allowing users to earn up to 35% commissions on trades generated by their referrals and their referrals' referrals.
TruBit Exchange Trading View
The platform provides a unique and enjoyable trading view, offering users insights into current market conditions and facilitating order placements. TruBit's trading view sets it apart from other exchanges.
Trading Fees
TruBit Exchange charges competitive trading fees, with takers paying 0.095% for spot trading and makers receiving a discount at 0.075%. For contract trading, takers pay 0.04%, and makers pay 0.02%, all below industry averages.
Withdrawal Fees
TruBit imposes low withdrawal fees, varying based on the withdrawn cryptocurrency. This provides good value for customers, especially considering the fee-free deposits.
Deposit Methods
TruBit Exchange supports both cryptocurrency and fiat currency deposits, including quick funding options through debit and credit cards. This makes it a comprehensive exchange suitable for both new and experienced crypto investors.
US-Investors
TruBit Exchange does not allow US investors on its platform, prompting those in the US to explore alternative exchanges.
TruBit Wallet
The TruBit wallet offers a convenient and safe means of buying, selling, and trading various cryptocurrencies. Users are rewarded with $3 USDT for signing up, passing KYC, and maintaining a specified daily balance.
TruBit Earn
TruBit offers Earn products with attractive interest rates, allowing users to earn up to 20% APY on their holdings. These products can be easily activated through the mobile application.
TruBit Academy
Formerly known as Mexo Academy, the TruBit Academy provides educational resources such as videos, blog posts, and FAQs. It aims to empower both new and experienced investors with the knowledge needed to navigate the platform and the broader cryptocurrency markets. The academy is regularly updated to ensure users have access to accurate and relevant information.
What are the trading fees on Trubit?
TruBit Exchange charges competitive trading fees, with takers paying 0.095% for spot trading and makers receiving a discount at 0.075%. For contract trading, takers pay 0.04%, and makers pay 0.02%, all below industry averages.
Does Trubit offer leverage trading?
TruBit's derivative trading allows users to engage in leveraged trading, enabling them to borrow up to 100x the value of their assets. However, the platform emphasizes the inherent risks associated with leveraging investments.
