Bleutrade cryptocurrency exchange review

Bleutrade Cryptocurrency Exchange

• Buy/sell 40+ cryptocurrencies
• Simple trading interface
• Launched in 2014

Buy and sell more than 45 cryptocurrencies with fees starting from 0.25% per trade.

Bleutrade is a cryptocurrency exchange that allows crypto-to-crypto transfers of more than 50 digital currencies. As well as bitcoin, Ether and Litecoin, the site also supports a variety of other lesser-known cryptos and offers trading fees starting from 0.25%.

This guide features a detailed look at the features, fees, pros and cons of Bleutrade to help you decide whether it’s the right cryptocurrency exchange for your trading needs.

What is Bleutrade?

Based in Brazil and launched in 2014, Bleutrade is a crypto-only exchange that aims to make it quick and easy to buy and sell cryptocurrencies. It lists more than 50 cryptocurrencies and a wide range of currency pairs but does not offer any support for fiat currency.

According to CoinMarketCap at the time of writing (2/7/18), Bleutrade’s 24-hour trading volume of $737,535 made it the 125th largest cryptocurrency exchange.

Which cryptocurrencies can I buy/sell?

Bleutrade allows you to buy and sell a wide range of cryptocurrencies, including:

Available countries

Bleutrade is a global exchange that offers its services to traders all around the world, including in the US.

Contact Bleutrade directly for more information on how you can access the platform from your country of residence.

Which payment methods are accepted?

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.

• Confirmations required on each cryptocurrency deposit

  Currency	Confirmation deadline
  Audiocoin (ADC)	20 confirmations
  Bata (BTA)	200 confirmations
  BitBean (BITB)	20 confirmations
  Bitcoin (BTC)	1 confirmation
  Bitcoin Cash (BCH)	5 confirmations
  Bitcoin Dark (BTCD)	20 confirmations
  Bitcoin Gold (BTG)	6 confirmations
  BlackCoin (BLK)	20 confirmations
  Canada eCoin (CDN)	20 confirmations
  CLAMS (CLAM)	20 confirmations
  Dash (DASH)	20 confirmations
  Decred (DCR)	2 confirmations
  DigitalCoin (DGC)	20 confirmations
  Digital Price (DP)	40 confirmations
  Digital Price Classic (DPC)	20 confirmations
  Dogecoin (DOGE)	2 confirmations
  e-Gulden (EFL)	150 confirmations
  Ethereum (ETH)	10 confirmations
  Expanse (EXP)	30 confirmations
  FujiCoin (FJC)	20 confirmations
  GlobalBoost-Y (BSTY)	20 confirmations
  Goldblocks (GB)	20 confirmations
  Gulden (NLG)	20 confirmations
  Htmlcoin (HTML)	20 confirmations
  Litecoin (LTC)	2 confirmations
  Monacoin (MONA)	20 confirmations
  Mooncoin (MOON)	40 confirmations
  Namecoin (NMC)	20 confirmations
  Neoscoin (NEOS)	20 confirmations
  NovaCoin (NVC)	20 confirmations
  OKCash (OK)	20 confirmations
  Peercoin (PPC)	3 confirmations
  Potcoin (POT)	50 confirmations
  Primecoin (XPM)	3 confirmations
  Qtum (QTUM)	4 confirmations
  Reddcoin (RDD)	40 confirmations
  SolarCoin (SLR)	20 confirmations
  StartCoin (START)	20 confirmations
  Sterlingcoin (SLG)	20 confirmations
  Trollcoin 2.0 (TROLL)	20 confirmations
  Unobtanium (UNO)	20 confirmations
  VeriCoin (VRC)	20 confirmations
  Vertcoin (VTC)	20 confirmations
  Virtacoin Plus (XVP)	200 confirmations
  Worldcoin (WDC)	20 confirmations
  ZetaCoin (ZET)	20 confirmations

How much will it cost me to use Bleutrade?

Bleutrade reserves the right to charge a fee ranging from 0.2% to 0.5% per trade. However, at the time of writing, the buy fee and sell fee for each cryptocurrency listed in the table below was 0.25%.

Depositing funds into your account is free, but a withdrawal fee applies when you want to transfer money out of your account. This fee varies depending on the currency you choose, as shown in the table below.

Are there any transfer limits?

Yes. The amount you can withdraw from your Bleutrade account is limited based on the status of your account. Initially set at zero, the limit rises as you take steps to verify your account:

• Email verification: BRL$2,000 (equivalent)
• Email verification + phone number added: BRL$20,000 (equivalent)
• Email verification + phone number added + proof of ID: BRL$100,000 (equivalent)

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 set up two-factor authentication to increase the security of your account.

The platform’s terms of use also claim that all the information you provide when you register for an account is “stored on servers or high security magnetic media”.

Customer support

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.

Pros and cons

Next steps

If you’d like to sign up for a Bleutrade account, you can do so by entering your email address and creating a user name and password. In order to make a withdrawal, you’ll need to verify your email address, and you can also add a phone number and provide proof of ID to access higher withdrawal limits.

Finally, it’s also a good idea to enable two-factor authentication to provide an extra layer of security for your account.