Premium Listing Options Help New Projects Thrive At Bitrue
The move comes at a time when interest and capital inflows to the cryptocurrency industry from traditional financial institutions is rapidly increasing, and new projects from various niches are increasingly seeking to reach trusted exchange communities as rapidly as possible.
Streamlined Listing Process for New Crypto Projects
With the new streamlined listing process, projects that are interested in listing on Bitrue will only need to provide basic technical information regarding their project to the Bitrue team. Bitrue will then conduct a due diligence evaluation of the project, and in most cases will then be able to commence trading for the coin within 24 hours on numerous pairs, including options for BTC, XRP, ADA, and more.
Supports All Major Blockchains, Including Viral Chains Like Bitcoin Runes
This rapid listing process has been made possible in part due to Bitrue’s extensive support of new token formats, ensuring that regardless of any project’s preferred chains, the background technical work for support will have already been completed. Bitrue has recently been the first in the world to support viral new chains, including Bitcoin Runes and the Blast Network.
Bitrue Launchpool: Direct Token Distribution & Community Building
Bitrue also recently launched two new initiatives aimed towards bridging the gap between developers and consumers. The first, Bitrue Ventures, is a new investment arm of the company that can provide investment capital, industry connections, and development support to fledgling creators, helping bring their ideas and tokens to market. The second is Bitrue Launchpool, a mechanism that allows projects to directly distribute their token to real users, providing an instant community and source of liquidity that allows their project to hit the ground running upon the launch of the token.
Between the two of these services, as well as the new streamlined listing process, Bitrue is able to solve many of the issues that currently introduce friction to the launch process of any coin. Attitudes towards distribution mechanisms have changed rapidly in the last several years, with traditional IEOs falling out of favor due to overinflated pricing models that harm consumers. Bitrue has been able to address these issues in a way that restores confidence to its worldwide community of 10 million traders, while also providing developers with direct channels for valuable, savvy, and connected token enthusiasts.