Skip to content
YieldScope
Get rate alerts
Platform review/crypto

Bitrue

Is Bitrue safe? It scores F on our five safety checks, passing 1 of 5 — Flexible withdrawal; not passed: Regulation, Proof-of-Reserves, Insurance Fund, Track record (2+ years incident-free). Every check below cites the evidence behind it and links its source. See how it ranks against the other 41 venues we grade →

Safety grade
F
1 of 5 criteria passed
🔴High risk
Verified Sep 26, 2026 Auto-sync
JurisdictionSingapore (Bitrue Singapore Pte. Ltd.)Founded2018Minimum—Insurance Fund—Yield products30Unavailable inUS, CA, CN, HK +7
The five checks

Why this grade

Is Bitrue safe? →
5 criteria · check each one
  • ✗

    Regulation

    No licence from a financial regulator. Bitrue Singapore Pte. Ltd. is a registered company (UEN 201818989M), and Bitrue itself states it is not licensed by the Monetary Authority of Singapore. Its Lithuanian entry is a VASP registration with the FNTT — a registration, not a licence, and not a MiCA authorisation. Source 1 → Source 2 → Source 3 →

  • ✗

    Proof-of-Reserves

    In November 2022 Bitrue announced an independent proof-of-reserves audit. We found no published report since. Source →

  • ✓

    Flexible withdrawal

    Power Piggy, the flexible product, has no term: it can be redeemed at any time. The 60-day fixed campaigns at 6.5–10% are for new users only and are not what we publish. Source →

  • ✗

    Insurance Fund

    No named insurance fund or protection fund of public size found. After the April 2023 hack Bitrue said user losses would be covered, but it publishes no fund size. Source →

  • ✗

    Track record (2+ years incident-free)

    Two hacks: about $4.5M of XRP and ADA in June 2019, and about $23M from a hot wallet in April 2023 (under 5% of holdings; Bitrue said users would be covered). We found no confirmation that the 2023 compensation was completed. Source 1 → Source 2 →

Track record

Incidents we count

Known incidents

2
  • June 2019 About $4.5M of XRP and ADA stolen; Bitrue said affected users would be compensated. Source →
  • April 2023 About $23M drained from a hot wallet (ETH, MATIC, SHIB, QNT, GALA, HOT). Source →
Rates

All Bitrue products

Calculator

What would Bitrue pay you?

How much will you earn?

RLUSD
Interest
+30.4160 RLUSD
Total
1,030.4160 RLUSD
On Bitrue:+0.0833per day·+2.5000per month·+30.4160per year

Method: monthly compounding (1 + APR/12)ⁿ, where APR is the exchange's stated rate. The realized 12-month return is slightly higher due to reinvestment. Rates may change. Not financial advice.

Rate history

How yields have moved

Source: daily snapshots via exchange API · accumulating since YieldScope launch

Open account on Bitrue →

This is not an affiliate link. Price for you doesn't change.

Frequently asked questions

Is Bitrue safe?
In our assessment Bitrue has a risk grade of F: it passes 1 of 5 reliability criteria — Flexible withdrawal; not passed: Regulation, Proof-of-Reserves, Insurance Fund, Track record (2+ years incident-free). Jurisdiction: Singapore (Bitrue Singapore Pte. Ltd.), operating since 2018. The grade is a guide, not a guarantee; the decision is always yours.
Is Bitrue legit or a scam?
Bitrue is an operating platform: registered in Singapore (Bitrue Singapore Pte. Ltd.), running since 2018, with 2 incidents on our record, the latest in April 2023. We don't label platforms "scam" or "legit" — we check five public facts instead, and Bitrue passes 1 of 5: Flexible withdrawal; not passed: Regulation, Proof-of-Reserves, Insurance Fund, Track record (2+ years incident-free). This is a data review, not user reviews; every check on this page links its source.
What are the rates on Bitrue?
The current top rate on Bitrue is around 3.0 % APY (per our data, updated regularly). 30 assets are available: stablecoins, BTC, ETH and more. Exact rates, product type and terms are in the table above.
Can I withdraw quickly from Bitrue?
Yes. Bitrue offers flexible products with no lock period, so you can withdraw at any time. Some fixed-term products have an explicit lock period, shown in the table.
What is the minimum deposit on Bitrue?
The minimum deposit is around $0. Note: the platform isn't available in every country — check the regional restrictions above.

Do you work at Bitrue? The grade above is ours and is not for sale, but the right of reply is. Buy a page and write your own side →

⚠️ High-risk platform

Proceed anyway →