Bitrue Launches Yield Farming Hub To Generate Passive Income For Users

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 By Deya Hroob


bitrue farming



Bitrue Exchange recently announced a brand new feature called Yield Farming. This will be a new way for you to earn passive income without any risk of impermanent loss.  Bitrue have designed this feature in such a way that they are able to offer super high returns without putting any risk on the user. This is a significant factor that differentiates Bitrue from the rest of the market.

 

Using Yield Farming Hub on Bitrue is easy and secure, and you can earn up to 200% APYs in returns on your assets without having to do anything else except wait for your earnings.

What is Bitrue Exchange?

Bitrue is one of the most trusted and commonly used crypto exchanges.

It's launched in July 2018 and established by a group of blockchain enthusiasts.  Bitrue is a cryptocurrency exchange with support for trading, loans, investments and more. It's based in Singapore. They offer user with many features from trading spot and futures market, staking , loans , yield farming and much more.

What is Yield Farming?

The concept of yield farming is simple - you stake one token and receive another token as reward for doing so.

Yield farming , in brief, encourage liquidity providers (LPs) to stake or lock up their crypto assets in a smart contract-based liquidity pool. A share of transaction fees, interest from lenders, or a governance token can all be used as incentives. These returns are expressed as an annual percentage yield (APY).

By introducing a new way to generate passive income, Bitrue gives crypto users even more ways to be empowered. With the launch of  Power Piggy, BTR Lockups, and the BTR Vote before and now BTR yield farming, users have an even wider range of options to choose from.


How to Stake XRP in Bitrue Exchange 

 

How to Use Yield Farming on Bitrue Exchange?

Steps how to start generating profits by using Yield Farming on Bitrue Exchange


1.       From the home page, go to Earn button on the top and choose Farms from the list.


yield farming


 2.       Now, all the pools available will show up with Est APY and the staking duration. You can see the coin that you may invest in and the coin which you will be rewarded with .

bitrue yield farming



3.       Choose the pool that suits you and hit Stake Now button




4.       A new pop up window will appear. This pop up window will contain all the needed information you want from Staking Period Date, Staking Period , Staking End Date and estimated APY. When you ready hit Confirm bottom and you're all set.



Now you can show your investment pools by clicking on Investment List icon.



In the Investment List you can see all the information about your invested coins and Est. profits. And from where you may redeem your invested coins early, however, if you do this all your rewards coins will be forfeit. 



Sign up an Account in Bitrue Now



How to Buy and Stake Shiba in Bitrue Exchange 

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