Uncertainty has poured over investors as the market has registered dip after dip. This has resulted in a hunt for alternative strategies to build crypto assets without relying solely on market trends and holding for the long term. Bitrue has announced the launch of two new investment features on its platform to help investors. These features will not only help users raise their crypto holdings but will also offer them greater control over what occurs on the platform.
With these new tools, people effectively control their cryptocurrency investments. Bitrue, a platform renowned for over three years to give consumers 50% or greater APRs, presented its new capabilities when they were most needed. Furthermore, it keeps true to its roots by offering new, market-leading investment trends.
The BTR Vote is the first of two products introduced by Bitrue. BTR Vote enables BTR token holders to participate in a governance process in which they can decide which coins are featured on the platform. The BTR token is the native cryptocurrency of the Bitrue platform and the only dedicated yield token in the crypto ecosystem at the moment.
Holders can stake their tokens to demonstrate support for a new coin that is not yet accessible on Bitrue. When a coin receives a certain number of votes, it is promoted for listing on the exchange. Furthermore, Bitrue users benefit the most from their vote because they are permitted to enter a 7-day staking phase in which they mine specifically for the currency they voted to be listed, which has resulted in users receiving up to 80% APRs.
The yield farming hub is the platform’s second new feature. Bitrue, which was launched just a few weeks ago, allows users to participate in hundreds of new and current staking pools in the DeFi market. However, rather than participating in these pools directly and incurring significant losses, Bitrue handles pool logistics on behalf of the consumers. Returns on investment in these staking pools are high, with an average of 60% for all staked coins.
BTR coins fuel both the BTR Vote and the yield farming hub functions. Bitrue customers can now use their BTR tokens in the pioneering Power Piggy service to collect daily interest payouts at an APR of 8.4 percent.
Bitrue is always evolving and adding currencies to provide a greater range for investors in order to deliver the best service possible to its users. This is why the investment platform has added two popular cryptocurrencies among investors: XRP and XLM.
Bitrue has long been a major supporter of the Ripple (XRP) community, evidenced by its inclusion as one of the platform’s bases pairings. This time, it is introducing cryptocurrency compatibility to allow users to take advantage of them through its financial products.
XLM, like XRP, has a sizable investing community. Once posted on the site, these digital assets will have a 25% APR. Once these cryptocurrencies are supported, they will be available in both the BTR Vote and yield farming services that are now available on the Bitrue platform.
