Cryptocurrency exchange Bitrue has announced a group of new projects it is listing on its platform. The projects are hosted on the emerging popular chains, such as Solana, Cardano, Hedera Hashgraph, and XinFin.
These projects will be listed through a “premium” method that doesn’t require any listing or marketing fees. The premium listing already started on July 12 with the decentralized finance (DeFi) coin ROPE available for trading with USD.
“For years, we’ve seen Ethereum dominate as a platform, and it was the default chain to use whenever a company was thinking about developing a new token. But, for the first time, they have some serious competition with this new generation of platforms, and the groundswell from their respective communities is too big to ignore.”Adam O’Neill, Chief Marketing Officer of Bitrue.
Bitrue, which says it utilizes blockchain technology to bring financial opportunities to everybody regardless of their location or financial position, said it had witnessed an “overwhelming [number of] requests” coming from the blockchain community. More than 220,000 Solana users and supporters participated in the discussion on favourite upcoming blockchain projects.
“At Bitrue, we’re pleased to say that we’re well underway with developing technical support for these chains, and we have reached out to dozens of potential new partners already to see if we can bring their coins to the Bitrue platform for trading, investments, loans and more.”Mr O’Neill.
The exchange adds that it will continue to listen to the wider blockchain and cryptocurrency ecosystem – including community votes available exclusively for holders of Bitrue’s platform token BTR – about exciting projects and new coins that should be listed on the exchange.
Each BTR will represent a single vote, with users receiving rewards when the coin they voted for receives enough support to be listed on Bitrue.