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Top crypto exchange Bitrue recently announced a new feature that will give crypto investors more opportunities to profit from the growing industry. Bitrue’s new Yield Farming Hub will allow users to use their cryptocurrencies to generate more using a mechanism similar to popular DeFi platforms.
The crypto exchange will roll out its new feature with 20 pools that will allow investors to generate an astonishing 150% APR. These rewards will vary from pool to pool, with some even generating more profit and allowing users to select their preferred wagering period.
The feature will be available from January 10, 2022 and will take advantage of the exchange’s native Bitrue Coin (BTR) token to mine for cryptocurrencies. Thus, creating a new source of demand for Bitrue’s token and a bullish driver for its future appreciation with the token registering a 300% since its inception in 2018.
The exchange clarified that users will have the option of selecting BTR or one of its cryptocurrencies to begin the process of producing returns on its platform. Adam O’Neill, Director of Marketing at Bitrue, said the following on their Yield Farming Hub:
By offering such a range of investment options with variable lock-in periods, returns and formats, we give our users the freedom to choose the investment strategy that best suits them. This makes BTR the world’s first Yield Token – a coin expressly dedicated to maximizing the return on investment of cryptocurrencies.
Bitrue Expands Options To Increase Crypto Profits, A Win-Win Feature For Investors
By launching a Yield Farming Hub for cryptocurrencies, Bitrue hopes to encourage traders and investors to secure their financial future. They will achieve this goal by taking advantage of this new functionality that will allow investors to establish a long-term source of passive income.
Additionally, a crypto investor will be less sensitive to sudden downward market fluctuations. In an official article, Bitrue explained how its Yield Farming feature will make life easier for its users and help them build lasting wealth:
In times of declining markets, we see more and more of our users seeking the stability of guaranteed income as a way to ensure that they continue to build wealth without having to guess at the temper of the market.
Additionally, the Yield Farming pools launched by Bitrue will operate without some of the inherent drawbacks of DeFi protocols, such as impermanent losses. In this way, the crypto exchange set itself the goal of creating a win-win option for investors, partners and the platform itself continued to innovate in an increasingly competitive industry.
Bitrue is known to provide its users with some of the best options to increase their profits. Therefore, the new Yield Farming Hub will work with BTR, Power Piggy, and BTR voting blocks.
Bitrue's new #YieldFarming hub is coming January 10th! Use $BTR to maximize your yield & farm coins at 150%+ APY. Discover why BTR is going to become the world's first #YieldToken.
More details at https://t.co/017kCt3wb2 pic.twitter.com/jIxyVHMaYQ
— Bitrue (@BitrueOfficial) January 6, 2022
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