BTR’s Uses Bring Financial Services to All

Bitrue
2 min readApr 20, 2020

BTR, the native platform token of Bitrue, first came onto the scene about one year ago, and at that time we made a bunch of promises about what BTR would be doing for you over the coming months and years. We felt that right now was a good time to give everyone a chance to look back and see these promises that have been fulfilled, and take a good look at what BTR can do for you right now.

  1. Power Piggy Bonus Interest — The first and most widely known use, BTR holders get bonus interest on the coins that they invest into BTR. The value of the BTR that you need to hold is proportional to the value of the coins that you have invested, with bonuses starting at 2% and capping out at 20%.
  2. BTR Fee Deductions — You can choose to pay your trading fees using BTR, and if you do so, you even get a nice 40% discount on the fees. Super handy if you’re a frequent trader.
  3. Invest BTR Into Power Piggy — A great way to earn yourself some extra BTR, it can currently be invested into Power Piggy and accrue interest at 7.3% APR along with a wide range of other coins.
  4. Power Piggy VIP Caps — Do you struggle to invest your XRP into Power Piggy when 1,000 other people are also racing to spend the caps every day? Worry no more, because BTR holders have their own VIP caps which allow them to invest their favorite coins into Power Piggy whenever they choose.
  5. Lock-up Personal Caps — Our recent lock-up investments work similarly to Power Piggy, except the coins need to be locked for a set length of time and the reward at the end is one of the most competitive in the industry, with interest rates ranging from 10.2 to 17.3%. Just like regular Power Piggy they have proven to be very popular with the community and can sell out very quickly, so we have now enabled BTR holders to stake their BTR in order to open up a personal lock-up cap for themselves.
  6. Dusting — Got spare coins lying around that you can’t do anything with? Our newest dusting feature lets you convert all this loose change into BTR instead of leaving it lying around doing nothing.

These features are just the beginning as we continue to develop more and more use cases for our own platform token and expand into DeFi and other financial services. Stick with Bitrue to be on the cutting edge of innovative finance through 2020 and beyond!

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Bitrue

Leading crypto exchange offering access to 700+ cryptocurrencies, with services including spot, futures, OTC, staking, auto-invest, copy trading, and more.