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Bitrue Engages Users to Earn Passive Income Through Power Piggy

3y ago

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Bitrue is offering a chance to earn rewards whereby investors can conveniently get higher interest rates than local financial institutions.

The platform, Bitrue, was launched early in 2018, where it acquired massive traction as a base for XRP exchanges. It supports trading, investments, loans, and many more features. In the past year, the exchange has recorded significant growth and expanded to other parts of the world such as Japan, Europe, Canada, and the U.S.

Earning Passive Income on Bitrue

Bitrue’s Power Piggy investment product gives its users a chance to earn income passively. It comprises a community cap to determine how many tokens you can sell in one day and is available twice a day. Consequently, there is a competitive atmosphere in which investors compete to buy tokens. However, with the VIP cap status of each BTR they own, the owners of BTR Token are guaranteed.

Investors chose which of the 40 Power Piggy tokens to invest in with the varied APR rates for each. The highest APR rate is for USDT and is fixed at 10.3%. A BTR 30-day lock-up investment option also exists for eight assets supported. It is a substantially higher interest rate than Power Piggy. For BTR lock-ups, the highest APR is USDT (16%).

In this way, you invest some of the corresponding money to secure 30 days equivalent for the BTR. In addition to the collective interest, after 30 days till expiry, you receive the BTR. If you hold BTR, then you can earn up to 10 percent yearly interest in a precise comparison to your total holdings in your wallet.

Outstanding Opportunities on Bitrue

Coinbase recently announced that USDC holders could earn 4% APY on the platform. They, however, mentioned that interest rates had decreased bit by bit over the past couple of years, making it hard to earn substantial income on your assets. A while later, Circle launched a high yield business on USDC to make up to 10.75% APY.

Bitrue, on the other hand, offers over 40 tokens with rates going up to 13%. Providing more products provides meme coins such as DOGE, SHIBA, SAFEMOON, etc., where they are constantly driven up by community demand. The exchange also touches on the smart contract sector in that it offers DOT, KSM, ADA, SOL and HBAR. It provides bluechip Defi tokens such as UNI, CAKE, BANANA, LUNA, MIR, among others, to be more diverse.

It is a clear indicator of how many more opportunities Bitrue presents hence why it stands out.

Why Bitrue Stands Out

The exchange prides in itself to have distinguished itself for its stability and security. It takes pleasure in its ability to deliver services internationally, but its youth has hindered the exchange so far as its three-goal purpose is not now carried out. The architecture of Bitrue uses a multi-level and multi-cluster system.

Nonetheless, the exchange is characterized by its modest charge structure with a 0.098 percent flat trading fee. Its 0.0005 BTC withdrawal charge is also below the industry norm, an exchange value client-friendly.

As Bitrue provides worldwide services in different languages, both as the website and the mobile app’s interface languages, it focuses on accessibility, ease, and convenience. For individuals who prefer trading on the go, you could download the mobile app on App Store or Android.