Nearly everything else in this directory is self-custody: Telegram bots and terminals that generate a wallet you control. Bitrue is the opposite model — a centralized exchange (CEX) where you deposit SOL and other assets into Bitrue's custody in exchange for trading, yield products, and fiat on/off-ramps. That trade-off is worth understanding clearly before using it.
What Is Bitrue?
Bitrue is a Singapore-based cryptocurrency exchange offering spot and futures trading, and Solana network deposits/withdrawals alongside a growing list of Solana ecosystem tokens. Its best-known feature for SOL holders is Power Piggy, a flexible savings product that pays out daily rewards on deposited crypto, plus a separate fixed-rate staking product.
SOL Yield: Power Piggy vs Staking
Bitrue offers two distinct SOL yield products:
- Power Piggy (flexible): stake and unstake anytime, no lock-up. SOL rates have ranged roughly 0.47%-7% APY, with rates changing frequently based on promotions and market conditions.
- Staking (fixed-term): listed around 5% APY for SOL at time of writing, typically with a lock-up period in exchange for a steadier rate.
Treat any specific APY figure as a snapshot, not a guarantee — Bitrue adjusts these rates often, sometimes running short promotional bumps. Check the live rate on Bitrue directly before depositing.
Fees
Bitrue's current fee help page lists 0.098% for general BTC/ETH/USDT spot pairs, with different rates for certain XRP pairs. Paying fees with BTR currently gives an advertised 20% discount, and VIP users can qualify for additional fee benefits. Do not assume one flat 0.098% rate applies to every pair.
Security Track Record
This is the section that matters most for a custodial exchange, and it's worth being direct about: Bitrue has had two publicized security breaches. In 2019, roughly $4.5M in XRP and ADA was stolen. In April 2023, a hot-wallet exploit resulted in approximately $23M in losses across multiple assets. Bitrue has stated that affected users were fully compensated in both cases, and the exchange says it now keeps roughly 95% of assets in offline cold storage with enhanced monitoring since the 2023 incident — but these are company claims, not independently audited figures.
Regulatory standing is also limited. Bitrue holds a Money Services Business (MSB) registration with the U.S.'s FinCEN — a basic registration, not a comprehensive license — and does not hold a Major Payment Institution license from Singapore's MAS as of 2026. That doesn't make it uniquely risky compared to many global exchanges, but it means the regulatory safety net is thinner than an exchange with full licensing in a major jurisdiction.
Bitrue remains active. The main correction is the fee wording: 0.098% is not a universal rate for every spot pair. Bitrue's current help page lists 0.098% for general BTC/ETH/USDT pairs, higher rates for certain XRP pairs, a 20% BTR fee-payment discount, and separate VIP benefits. SOL-USDT futures are currently listed at 0.02% maker / 0.06% taker.