Disclaimer: The text below is a press release that was not written by Cryptonews.com.
In the world of cryptocurrencies, it is important that any crypto exchange offers many different options when it comes to making money. This is precisely the reason why Bitrue, a major cryptocurrency exchange, recently announced the launch of a new performance hotbed, available to all of its users starting January 10 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 immensely popular methods through which investors can earn additional income. Therefore, Bitrue wants to serve the real needs of its clientele in a secure way and also keep up to date with all the latest updates and changes regarding this industry, which it will achieve by forming key partnerships in the future as well. like mitigation. risks such as non-permanent loss.
What will the new hub do?
The new hub allows users to mine tokens in a manner comparable to DeFi (decentralized finance) pools, which were quite popular last year. At launch, more than 20 groups with APRs (Annual Percentage Yield) of 150% or more were made accessible, and consumers were able to choose from a variety of engagement ranges. Bitrue Coin BTR, Bitrue’s native platform coin, will power these groups. To start farming, either BTR or perhaps the token that the user chooses to mine will become bettable. Additionally, since its inception in July 2018, BTR has increased by more than 300% to date.
In addition, Bitrue has had a lot of experience in developing cutting-edge investment solutions, with Piggy Power acting as the cryptocurrency-based initial investment service launched worldwide in early 2018. This new hub will therefore include Power Piggy, Vote Staking, BTR Lockups, along with a wide variety of other companies leveraging BTR to produce profit for their respective consumers.
Essentially, the initiative allows its consumers to choose the investment plan that best suits them by providing such a diverse range of investment alternatives with different lock-in periods, returns, and formats. In the words of Adam O’Neil, Bitrue’s chief marketing officer, he establishes BTR as the world’s inaugural Yield Token, which is a token exclusively dedicated to increasing the return on crypto-oriented investments. The new Yield Farming Hub is also accessible only in www.bitrue.com and it’s just one of many upcoming Bitrue initiatives that customers can look forward to.
Bitrue, which debuted in July 2018, is a diverse crypto exchange that supports trading, lending, and investing. He intends to use blockchain technology to bring financial possibilities to everyone, regardless of geography or financial situation. The exchange has offices around the world and is constantly developing new features to effectively support the new era of modern digitized economy. In essence, the BTR token possesses the “explicit utility with respect to maximizing returns on investments.”
Furthermore, the month-long resistance for BTR appears to have been broken as well, as the token just crossed the $ 0.40 mark. Price discovery is coming in alongside the highest weekly close this weekend. For additional information, both the official website as well as the exchange Twitter You can check the channel for regular updates.