You may have heard the recent news that Bitrue Coin (BTR) will be coming to Power Piggy soon! We’ve actually made a lot of strides forward in the 2 months since BTR first went on public sale, so we wanted to share what we’ve already achieved and where we’re going in the future.
- Power Piggy Bonus Interest — Ever since the 30th June, Bitrue users have been able to increase their interest rate on Power Piggy from 7.3% all the way up to 10% depending on how much BTR they hold. If you have BTR greater than or equal to 20% of the total assets you have in Power Piggy then you get the highest rate
- BTR Fee Deduction — Pushed live on 12 July 2019, this feature enables you to reduce your trading fees by 40%, as long as those fees are paid using BTR.
- BTR Into Power Piggy — Starting August 9, you will be able to add your BTR into Power Piggy and get up to 10% annual interest!
- Use BTR For Personal Power Piggy Caps — We know how hard it can be for some people to get their coins into Power Piggy. XRP especially hits the cap within seconds. In the future any BTR you hold will entitle you to a personal investment cap, so there’ll be no more need to watch that countdown clock like a hawk
- Lower Loan Interest Rates For BTR Holders — Coming soon we’ll be launching our crypto loan product, where you can borrow coins against the coins you hold on Bitrue. Anyone holding sufficient amounts of BTR will be eligible to lower interest rates on these loans, saving them money in the long run
- Staking BTR for Project Launches — As we continue to expand the functionality of the Bitrue platform, we’ll start inviting coin projects who wish to launch directly on Bitrue to stake a certain amount of BTR first.
Finally, a quick word to explain our BTR Buyback program. We have pledged to spend 20% of our quarterly profits on buying back BTR to keep the market invigorated. Once each quarter has finished we will calculate the amount to buy back some time during the following quarter and share the news with our community. This program will last until we have bought back 40% of the BTR that we initially sold, meaning it will last until we have bought back 120,000,000 BTR.
Hope you’re looking forward to seeing where BTR and the Bitrue platform is headed. To make sure that you always know what’s coming up next, come follow our daily updates on Twitter at BitrueOfficial
