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Bitrue’s Yield Farming Solutions Offering Hodlers Hope Amid Crypto Market Uncertainties

Bitrue’s Yield Farming Solutions Offering Hodlers Hope Amid Crypto Market Uncertainties

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Bitrue’s Yield Farming Solutions Offering Hodlers Hope Amid Crypto Market Uncertainties

by admin
January 28, 2022
in Market & Analysis
0


Bitrue crypto exchange has formulated a range of crypto investment and yield farming solutions designed to generate juicy returns for crypto hodlers in a risk-free and secure manner, even during the worst crypto market conditions. Bitrue claims its recently launched Yield Farming Hub offers users DeFi-like staking solutions with average APRs of 60 percent without the risk of impermanent loss. 

Bitrue Pioneering Risk-Free Crypto Investments

Since 2018 when it launched its first crypto investment product dubbed Power Piggy, Bitrue, a centralized cryptocurrency exchange, has been pioneering the future of risk-free crypto investments.

“Wondering what’s the best way to build your wealth and provide for your future?  There are many places offering to help out. You could walk into your high street bank today and set up a 0.5 percent savings account which won’t even beat inflation. You could find a high interest 5 percent plan that might help you get ahead a little, but which requires you to lock your funds for multiple years. Oryou could try Birue – a crypto exchange that has been offering investment opportunities of 50 percent APR or more for 3 years and counting.” wrote Bitrue.

Not resting on its oars, Bitrue rolled out two innovative crypto investment features in 2021: BTR Vote and the Bitrue Yield Farming Hub. Both investment features are powered by BTR coin and the exchange says demand for its native crypto has skyrocketed since the launch of these two new investment vehicles.

Per the Bitrue team, BTR Vote doubles as an investment vehicle and a governance mechanism. Via BTR Vote, holders of Bitrue’s native BTR altcoin can stake them to show support for any cryptocurrency they want listed on the exchange. 

Zero-Risk Yield Farming

If that coin attracts a certain threshold of votes, the Bitrue team will get it listed on the platform and voters will then enter a 7-day staking phase where they mine for the coin they voted for and get rewards of up 80 percent APR.

Bitrue says it recently joined forces with the brains behind a good number of crypto projects and that has enabled it to create what it calls the Bitrue Yield Farming Hub, which boasts numerous staking pools offering users juicy returns (60 percent APR on average) on their crypto holdings without the risk of impermanent loss. 

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“The Yield Farming Hub has already seen users invest tens of millions of dollars to receive these high returns, and very soon Bitrue will be adding support for XRP and XLM, with 25 percent APR available on both of them. Birue has a long history of supporting XRP, even going as far as to make it into one of our base pairs. XLM is also an incredibly popular coin that a lot of people are very eager to add into their portfolios and let it grow,” Bitrue added.

Bitrue says stablecoin holders can also get daily interest payouts of 8.4 percent APR on their holdings via the Piggy Invest feature on the exchange. 

At press time, the price of Bitrue Coin (BTR) is sitting around $0.31 according to CoinMarketCap.

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