Bitrue, a top crypto exchange recently revealed a new feature to give crypto investors more chances of gaining from this growing market. Bitrue’s new Yield Farming Hub will enable users to take their cryptocurrencies to generate more by using a similar mechanism to that of popular DeFi platforms.
This new feature will be available on the crypto exchange. It will include 20 pools which will allow investors to generate a staggering 150% annual percentage rate. This will differ from one pool to the next, and some may even generate more profit while others allow users to select their preferred period of staking.
This feature will become available on January 10, 2010.Th, 2022, and will leverage the exchange’s native token Bitrue Coin (BTR) to farm the cryptocurrencies. Thus, creating a new source of demand for Bitrue’s token and a bullish driver for its future appreciation with the token recording a 300% since its inception in 2018.
BTR and one of the cryptocurrencies will be available for users to choose from to initiate the yield-farming process. Adam O’Neill, Chief Marketing Officer at Bitrue, stated the following on their Yield Farming Hub:
We offer a variety of investment options, with different lockup periods and returns. This allows our customers to pick the investment option that suits them best. It makes BTR the world’s first Yield Token – a coin expressly devoted to maximizing the return on investment for cryptocurrencies.
Investments: Bitrue expands options to increase crypto profits, a win-win feature
Bitrue hopes to inspire investors and traders to invest in cryptocurrencies by launching the Yield Farming Hub. By leveraging the new feature, investors will be able to establish a long-term source of passive income.
A crypto investor is also less likely to be affected by sudden swings in the market to the upside. Bitrue stated in an official posting that their Yield Farming feature would make it easier to live and build lasting wealth.
We see our customers seeking stability and guaranteed income during market downturns. This is a way to ensure that their wealth continues to grow without having to predict the mood of the market.
Bitrue’s Yield Farming pool will be able to operate independently of some DeFi protocol disadvantages, like impermanent losses. The crypto exchange aims to make it a win-win situation for partners and investors. It has also continued its innovation in an increasingly competitive industry.
Bitrue offers its clients the highest quality options for increasing their profits. Therefore the Yield Farming Hub now includes the Power Piggy and BTR Lockups.