Bitrue Introduces New Shibarium Staking Pool. Stake LEASH and BONE to Earn SHIB. Here’s how

Bitrue, the Singapore-based crypto exchange, has recently announced the introduction of the new Shibarium staking pool on its trading platform.

The new development was announced moments ago via Bitrue’s official Twitter handle. According to the report, users can now stake their LEASH and BONE, the Shiba Inu ecosystem tokens, to earn SHIB, the second-largest dog-themed token. The report added that the LEASH and BONE staking will begin at 10% APY.

Read Also: Shiba Inu Ecosystem Tokens (SHIB, LEASH, BONE): Can They Make You a Millionaire?

The leading exchange described the new development as a means to work with LEASH and BONE to give its members a chance to receive returns of up to 10% APY with Staking.

Going by the report, the staking period is 30 days from the launch date and there will be preparation and distribution periods at the start and end of the investment.

Bitrue said the BONE and LEASH staking is slated to begin at 13:00 UTC on the 12th of July. The exchange urged users to join the bandwagon at the early stage as these investments often sell out extremely quickly.

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Bitrue Lists LEASH

Just about 24 hours ago, the top crypto exchange Bitrue announced the listing of LEASH, giving its users access to its deposit features on the trading platform.

The launch of spot trading for the LEASH/USDT pair is scheduled for July 12, 2023, at 10:00 (UTC), according to the official announcement. The report added that the withdrawal feature for LEASH will be active on July 13, 2023, at 10:00 (UTC).

The new development is seen in the Shiba Inu community as a means to boost the prospect of LEASH, one of the Shiba Inu ecosystem tokens.

The move also makes Bitrue one of the few exchanges to allow the trading of LEASH on their trading platforms.

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