Two more crypto giants are listed in the leverage section of the Bitrue (BTR) exchange. Leverage tokens for Cardano (ADA) and Bitcoin (BTC) have been available nine days following the XRP launching.
<h2>Leverage Tokens Available For Cardano (ADA) &amp; Bitcoin (BTC)</h2>
The Bitrue (BTR) team has officially <a href="https://twitter.com/BitrueOfficial/status/1415649849702162437?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1415649849702162437%7Ctwgr%5E%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fu.today%2Fxrp-focused-platform-bitrue-adds-leverage-tokens-for-cardano-ada-bitcoin-btc" target="_blank" rel="nofollow noopener">announced</a> that its newly introduced "Leverage" module now supports two currencies based on Cardano (ADA) and Bitcoin (BTC).

[embed]https://twitter.com/BitrueOfficial/status/1415649849702162437[/embed]

This version includes four tokens: Bitcoin shorts and longs (BTC3L, BTC3S), as well as Cardano's pair (ADA3L, ADA3S).

This section was opened nine days ago by <a href="https://www.cryptoknowmics.com/news/ripples-director-equates-xrp-use-cases-with-bitcoin/">XRP</a> "bullish" and "bearish" perspectives (XRP3L, XRP3S). Because it is XRP-centric, the Bitrue (BTR) community was ecstatic about this inclusion.

The Bitrue (BTR) platform also stated that many more tokens would be accessible in the "Leverage" area when its Twitter followers vote on the future upgrades:

“We'll have many more in the future; let us know which coins you'd like to see in the comments section.”
<h2>What Exactly Are Leverage Tokens?</h2>
Leverage tokens should be considered both crypto-based derivatives and ETF-like synthetic assets. While the underlying asset price rises, the price of its "3X" token rises three times faster.

Meanwhile, if the price of a leverage token's peg falls, its synthetic price might go close to zero.
<h2>“Fast Track” For Ethereum (ETH) Attackers</h2>
Bitrue (BTR) provided a "fast track" listing program for projects based on Cardano (ADA), Solana (SOL), XinFin XDC Network (XDC), and Hedera Hashgraph (HBAR).

According to an official<a href="https://bitrue.zendesk.com/hc/en-001/articles/4403611123481" target="_blank" rel="nofollow noopener"> statement</a> posted on social media by the Bitrue (BTR) exchange, the platform will offer unique listing conditions for assets created on top of four high-performance blockchains.

[embed]https://twitter.com/BitrueOfficial/status/1415279920855478285[/embed]

Any token that uses Solana (SOL), Cardano (ADA), Hedera Hashgraph (HBAR), or XinFin XDC Network (XDC) smart contracts may be integrated into Bitrue's (BTR) spot trading suite.

The project team just has to apply using a specific Google Form to get their token listed on <a href="https://www.cryptoknowmics.com/news/bitrue-announces-decision-to-join-cardano-authentication-process-with-its-15-million-stake/">Bitrue</a> (BTR). In addition to access to Bitrue's userbase, newly listed tokens will receive marketing and advertising assistance.

According to the release, Bitrue (BTR) regards four projects as new-generation smart contract platforms that pose a threat to Ethereum's years-long dominance:

“For a long time, the Ethereum platform dominated the market, but for the first time, fans are taking these alternatives seriously.”

&nbsp;

XRP-Focused Platform Bitrue Enables Leverage Tokens for Cardano, Bitcoin

The Bitrue team has officially announced that its newly launched "Leverage" tokens now support two currencies based on Cardano (ADA) and Bitcoin (BTC).

Kavya Barua is a voracious learner who is fascinated by crypto and Fintech advancements. Graduated from Janki Devi Memorial College's B.A (Hons) English program at the University of Delhi. She aspires to be a successful professional, having a keen interest in learning and achieving results.

XRP-Focused Platform Bitrue Enables Leverage Tokens for Cardano, Bitcoin

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