The best cryptocurrency trading platform Bitrue recently announced a new feature that will provide more opportunities for crypto investors to profit from the industry’s growth. Users will be able to take their cryptocurrencies and use a mechanism similar to that of popular DeFi platforms to generate more with Bitrue’s new Yield Farming Hub.
The cryptocurrency exchange will debut its new feature with 20 pools, giving investors the opportunity to earn a whopping 150 percent annual return. These bonuses will vary by pool, with some offering higher payouts and allowing users to select their preferred stake period.
The feature will go live on January 10th, 2022, and will allow users to farm cryptocurrencies using Bitrue Coin, the exchange’s native token (BTR). As a result, Bitrue’s token has gained a new source of demand as well as a bullish driver for its future appreciation, with the token up 300 percent since its inception in 2018.
Users will be able to begin the yield farming process on the exchange’s platform by selecting BTR or one of the exchange’s cryptocurrencies, according to the exchange. Bitrue’s Chief Marketing Officer, Adam O’Neill, stated on their Yield Farming Hub:
By offering such a diverse range of investment options with varying lockup periods, returns, and formats, we give our users the freedom to choose an investment strategy that works best for them. It makes BTR the first Yield Token in the world – a cryptocurrency dedicated solely to maximizing returns on investment.
Bitrue Expands Crypto Profits Options, Providing Investors With A Win-Win Situation
By launching a Yield Farming Hub for cryptocurrencies, Bitrue hopes to encourage traders and investors to secure their financial future. They’ll accomplish this by utilizing this new feature, which will allow investors to create a long-term passive income stream.
A cryptocurrency investor is also less susceptible to market downturns. Bitrue claims that their Yield Farming feature will make users’ lives easier and help them build long-term wealth in an official post:
During market downturns, we notice an increase in our users seeking guaranteed income as a way to ensure that they can continue to build wealth without having to guess the market’s mood.
Bitrue’s Yield Farming pools will also avoid some of the DeFi protocols’ flaws, such as impermanent loss. The crypto exchange has thus set out to create a win-win situation for investors, partners, and the platform itself, which has continued to innovate in an increasingly competitive industry.
Bitrue is known for providing its users with some of the most effective ways to increase their profits. As a result, the new Yield Farming Hub will work with the BTR Lockups, Power Piggy, and BTR Vote.
Also read: Binance Turkey was fined 8 million lira for failing to comply with anti-money laundering regulations
Bitrue’s Biographical Information
Bitrue was founded by a group of blockchain enthusiasts with a passion for cryptocurrency trading and the application of blockchain technology to provide financial opportunities to the general public.
Regardless of location or financial situation, the diversified cryptocurrency exchange supports trading, loans, and investments. Bitrue is hailed as the world’s most advanced cryptocurrency trading platform, focusing on security, speed, and ease of use.
Bitrue continues to work with renowned organizations such as TerraForm labs, 2Local, Anchain.AI, and others to develop new features for its users.
With offices all over the world, Bitrue is well-positioned to serve the new wave of the digital economy.
