Users can invest at any time to earn over 10% interest on their cryptocurrencies
Singapore - October 21 2019 - Bitrue, a leading cryptocurrency exchange with financial services, has today announced plans to bring personal investment opportunities to users who hold their platform token Bitrue Token (BTR).
The new VIP Cap feature will launch on October 24th.
“VIP caps are an opportunity for all of our users to invest their cryptocurrencies and earn interest while they sleep” said Curis Wang, CEO of Bitrue. “We’re filling in a hole that traditional financial systems have left open. Our product allows ordinary users to invest and make their money appreciate over time, instead of leaving it dormant in a bank and accruing interest at rates equal to or below inflation.”
Bitrue users will be able to gain up to 10.3% interest on a wide variety of coins, including Bitcoin (BTC), XRP (XRP), Ethereum (ETH), Tether (USDT) and more. The amount that can be invested is proportional to the amount of Bitrue Token (BTR) held, providing a further use case for this platform token.
“Our Power Piggy program, which allows the community to compete for investment opportunities, has been a runaway success and has attracted a lot of attention in the industry. We now find ourselves in a unique position to bring this opportunity to the loyal customers who are supporting us long term by holding BTR.”
Bitrue plans to continue developing innovative products and services that link the traditional financial markets with the burgeoning cryptocurrency industry. Further features will continue to be developed around Bitrue Token (BTR), such as reduced interest rates on the recently launched Bitrue Loans feature and increased weighting when receiving airdrops.
More details about VIP Caps can be found at the official announcement page.
Bitrue is a growing cryptocurrency exchange and digital asset management service that is disrupting the industry by adapting traditional financial services to the newly emerging crypto markets. Launched in July 2018, Bitrue offers worldwide services to cryptocurrency investors with offices across the globe. Bitrue has become one of the top exchanges within the XRP community, supporting over 50 XRP pairs and is now one of the top 5 exchanges globally ranked by XRP volume, owing to significant market share in the UK and other Western markets. Bitrue is backed by strong communities and is quickly becoming the one-stop platform for crypto traders around the world with its latest addition of fiat purchases. More information can be found at bitrue.com.