As the market has recorded dip after dip, uncertainty has washed over investors. This has led to searches for other ways to grow crypto holdings without just being at the mercy of market trends and holding for the long term. To aid investors, Bitrue has announced the launch of two new investment features on its platform that will not only help users increase their crypto holdings, but also give them more say in what happens on the platform.
With these new features, users are effectively taking matters into their own hands with regard to their crypto investment. Bitrue, a platform that has been known to provide users 50% or higher APR for over three years, introduced its new features at a time when they are needed the most. Additionally, it stays true to its nature by introducing new, market-leading investment trend
Vote, Earn, Grow
The first of the two products introduced by Bitrue is the BTR Vote. BTR Vote allows holders of the BTR token to be able to take part in a governance process where they can decide which coins get listed on the platform. BTR token is the native cryptocurrency of the Bitrue platform and the only dedicated yield token presently in the crypto space.
Holders can stake their tokens to show support for a new coin not available on Bitrue. When a coin reaches a particular number of votes, it is then promoted to be listed on the exchange. Furthermore, Bitrue users enjoy the most benefits from their vote since they are allowed to enter a 7-day staking phase where they mine exclusively for the coin they voted to be listed, through which users have been known to receive up to 80% APRs.
The second feature launched by the platform is the yield farming hub. Launched only a few weeks ago, Bitrue allows users to participate in hundreds of new and existing staking pools in the DeFi space. However, instead of participating directly in these pools and risking substantial losses, Bitrue handles the pool logistics on behalf of the users. Returns on investments on these staking pools boast a high 60% average for all staked cryptocurrencies.
The BTR Vote and yield farming hub features are both powered by BTR tokens. Bitrue users can also use BTR tokens in the pioneer Power Piggy service to receive daily interest payouts at 8.4% APR.
What’s In Store For Bitrue
To bring the best service to its users, Bitrue is ever-evolving and adding coins to provide a wider variety for investors. This is why the investment platform is adding two investor favorite tokens; XRP and XLM.
Bitrue has always strongly supported the Ripple (XRP) community, which it showed by making it one of the base pairs on the platform. This time around, it is adding support for the cryptocurrency to allow users to take advantage of them through its investment products.
Just like XRP, XLM, too, boasts a strong community of investors. Both of these digital assets will feature a 25% APR once they are listed on the platform. Once support for these cryptocurrencies is added, they will be available in both the BTR Vote and yield farming features currently live on the Bitrue platform.