What is the best alternative for investors to make a profit out of the crypto currencies they hold?
That is the question we have been asking ourselves for the past few weeks at Bitrue. Under the current market circumstances, traders are hesitating to make any moves out of the fear of losing, thus in return contributing to a even more negative sentiment into the crypto community, which is in no way good for the acceleration and adoption of the blockchain technology. So we figured, what if there is a product where users can make a profit regardless of what is happening in the market? And that has led to where we are today.
Up To 8% Of Interest Earned On Your Stablecoin Crypto Currencies
Deposit USDT/PAX/GUSD/TUSD to earn up to 8% annual interest. Earn USDT on USDT, PAX on PAX, GUSD on GUSD, TUSD on GUSD. Quite simple right?
Minimum amount to start with is ONLY 55 USD worthy of stablecoins. We will be adjusting the supported crypto currencies according to the demand.
The deposit-to-earn service is expected to go live in early December, you can choose the following ways to start off earning interest by then:
Participate on Bitrue Website/ Download Bitrue iOS App/ Download Bitrue Android App
How Will Your Interest Be Calculated?
Your interest earned can be calculated as:
[Amount Deposited *Annual Interest Rate/365*Days of Investing]
For every 10,000 USDT you deposited, your estimated daily interest will be about 1.9–2.2 USDT.
FAQ
Will my crypto currencies be locked up?
Yes, your invested stablecoins will be locked up during the investment time period. (i.e. if your investment time frame is 14 days, your deposit will be released on the 15th day)
Can I cancel my investment order?
No. Once confirmed you won’t be able to cancel the investment order until it is completed.
What happens when there is big price volatility for my deposited stablecoins?
We will return your interest as per invested stablecoin. Bitrue holds no responsibility for the volatility of the stablecoin prices.
When can I get paid for my interest?
Your interest will be calculated daily and distributed into your Bitrue account at 10 am on the day after your investment period ends (Singapore Time). E.g. If your investment period ends on December 5, your interest will be distributed at 10 am on December 6 (SGT).