press release
PRESS RELEASE. In the cryptocurrency world, it is important for any crypto exchange to offer many different ways to make money. Exactly for this reason bittruea leading cryptocurrency exchange, recently announced the launch of a new yield farming hub, available to all its users from January 10th at 10:00 UTC.
The main reason and context behind this new initiative has to do with the fact that staking and yield farming have become extremely popular ways for investors to generate additional income. Bitrue therefore wants to respond to the real needs of its clientele in a safe way and also keep up with the latest updates and changes in this industry, which it aims to achieve by forming important partnerships in the future as well as mitigating risks like temporary loss.
What will the new hub do?
The new hub allows users to mine for tokens, similar to DeFi pools (decentralized finance) that were very popular last year. At launch, more than 20 pools were made available with APRs (Annual Percentage Yields) of 150% or more, with consumers able to choose from a variety of staking intervals. Bitrue Coin BTR, Bitrue’s native platform currency, aims to power these pools. In order to start farming, either BTR or maybe the token the user decides to use needs to be made deductible. Additionally, From its inception in July 2018, BTR has grown by over 300% to date.
In addition, Bitrue has extensive experience in developing innovative investment solutions makes piggy It is the first cryptocurrency-based investment service to be released globally in early 2018. This new hub is thus said to include Power Piggy, Vote Staking, BTR Lockups, as well as a host of other companies using BTR to generate profits for their respective consumers.
In essence, the initiative allows its consumers to choose an investment plan that works best for them by offering such a diverse range of investment alternatives with different lock-up periods, yields and formats. In the words of Adam O’Neil, Bitrue’s Chief Marketing Officer, it establishes BTR as the world’s first yield token, a token dedicated solely to increasing returns on crypto-related investments. The new Yield Farming Hub can also only be reached at www.bitrue.com and it’s just one of many upcoming initiatives from Bitrue for customers to look forward to.
Bitrue’s vision
Bitrue, which debuted in July 2018, is a diverse crypto exchange that supports trading, lending, and investing. It intends to use blockchain technology to bring financial opportunity to everyone, regardless of geography or financial status. The exchange has offices around the world and is constantly developing new features to effectively support the new era of digitized modern economy. In essence, the BTR token possesses the “explicit utility in terms of maximizing return on investment.”
In addition, the month-long resistance for BTR also seems to be broken, as a sign just crossed the $0.40 mark. The price finding comes along with the highest weekly close this weekend. For more information, both the official website as well as those of the stock exchange Twitter Channel can be checked for regular updates.
This is a press release. Readers should conduct their own due diligence before taking any action related to the advertised business or its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned in the press release.
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