Singapore, Singapore–(Newsfile Corp. – March 17, 2022) – Bitrue has just announced that UST (TerraUSD) has now been officially launched on the crypto exchange as its latest base currency. This is the most recent step that the exchange has taken in order to keep providing top-of-the-line goods and services to its customers and be globally recognized as one of the best platforms for cryptocurrencies and digital assets.
As such, the first pairs are presently available for usage by everyone. The team is offering 71 pairings right now, ranging from top digital currencies, as well as a wide selection of altcoins. Users may check if their preferred coins are available through the exchange’s trading page.
Bitrue and Terraform Labs
Bitrue has supported Terraform Labs for a long time along with their various initiatives that are transforming the finance sector as we know it. Bitrue was the inaugural exchange to enable trading for a pair of new currencies dubbed TERRA and LUNA as early as August 2019. The coins were a duology, as their names imply, with an exciting team of seasoned e-commerce specialists from Korea behind them.
Essentially, they checked all of the requirements for the kind of projects that Bitrue intended to encourage, and the team has since worked tirelessly to ensure that they were welcomed on Bitrue by the XRP community, which is also the main target audience.
A relationship that’s beneficial for everyone involved
Furthermore, Terraform Labs has introduced TerraUSD (UST), a stablecoin that Bitrue has proudly backed since its listing back in September 2021. It’s also available in PowerPiggy, with an interest rate of 16% APR.
About Bitrue
Bitrue may best be understood as a popular cryptocurrency exchange which has branches all over the world and is continuously looking to expand its reach and influence by offering a variety of innovative products, features and services.
At its heart, the Bitrue team is dedicated to generating new and profitable options for its users as well as the cryptocurrency industry as a whole. To achieve its goals, Bitrue will thus continue to leverage the immense potential of blockchain technology to cater to everyone, regardless of their personal financial status or location in the world.
The team has been establishing offices throughout the world in order to accomplish this objective and to constantly broaden its reach and impact so that more individuals may benefit from the potential of cryptocurrencies in terms of financial security and independence. Find out more about Bitrue via its official website as well as the Twitter and Telegram channels.
Contact Details
Name: Adam O’Neill
Email: pr@bitrue.com
Disclaimer : There is no offer to sell, no solicitation of an offer to buy, and no recommendation of any security or any other product or service in this article. Moreover, nothing contained in this PR should be construed as any recommendation. Readers are encouraged to do there own research.
Company: Bitrue
City: Singapore, Singapore
Phone: pr@bitrue.com
Source: Story.KISSPR.com
Release ID: 182202
There is no offer to sell, no solicitation of an offer to buy, and no recommendation of any security or any other product or service in this article. Moreover, nothing contained in this PR should be construed as a recommendation to buy, sell, or hold any investment or security, or to engage in any investment strategy or transaction. It is your responsibility to determine whether any investment, investment strategy, security, or related transaction is appropriate for you based on your investment objectives, financial circumstances, and risk tolerance. Consult your business advisor, attorney, or tax advisor regarding your specific business, legal, or tax situation.