Bitrue Expands XDC Support, Announces $25K Contest with 16 New Pairs

Bitrue, a tier-one digital asset exchange, has announced expanded support for the XDC ecosystem by hosting a trading contest offering $25,000 in prizes. The contest, starting on April 18th, 2024 at 10:00 UTC, will rank traders based on their trading volume for 16 newly added XDC trading pairs, with prizes including up to $500 in XDC for the highest-ranking traders.

Bitrue Extends Support for XDC Ecosystem, Unveils $25,000 Trading Contest with 16 New Pairs

Singapore, April 18, 2024 - Tier-one digital asset exchange Bitrue has expanded its support for the burgeoning XDC ecosystem, rolling out a trading competition with $25,000 in prizes across 16 newly added XDC trading pairs.

The contest, which kicked off on April 18th, 2024 at 10:00 UTC, will rank participants based on their cumulative trading volume throughout the event period. The top trader on each eligible pair will secure a prize of up to $500 in XDC, while additional prizes will be awarded to lower-ranked participants.

The prize pool will be dynamically adjusted based on the number of active participants in the contest, with $25,000 set as the projected total prize. The competition will conclude on Thursday, April 25th, 2024, at 10:00 UTC.

The contest follows the recent addition of XDC base pairs to the Bitrue platform earlier in April, significantly expanding the number of cryptocurrencies that can be directly traded against XDC. The 16 supported trading pairs include:

• AVAX/XDC
• BTC/XDC
• CIFI/XDC
• DOGE/XDC
• ETH/XDC
• FXD/XDC
• GBEX/XDC
• MATIC/XDC
• NEAR/XDC
• PLI/XDC
• PRNT/XDC
• SOL/XDC
• SRX/XDC
• XDC/USDC
• XDC/USDT
• XDC/XRP
• XSP/XDC

"The XDC Network has swiftly established itself as a prominent force in the cryptocurrency landscape, with Bitrue anticipating even more significant growth in the year ahead," said Robert Quartly-Janeiro, Chief Strategy Officer of Bitrue. "We are delighted to provide Bitrue users with additional avenues to incorporate this promising coin into their portfolios. We encourage everyone to embrace this trading contest as an opportunity to deepen their understanding of XDC while engaging in a bit of friendly competition."

Bitrue has hinted at the forthcoming announcement of further developments pertaining to XDC. Traders can currently access XDC on the exchange through the aforementioned 16 pairs.

About Bitrue

Bitrue is a leading global digital asset exchange that provides a wide range of products and services to users worldwide. The platform offers a user-friendly interface, advanced trading tools, and industry-leading security measures to ensure a seamless and secure trading experience. Bitrue is committed to innovation and customer service, consistently enhancing its platform to meet the evolving needs of the digital asset community.

About XDC Network

XDC Network is a high-throughput, energy-efficient blockchain designed for enterprise applications. It boasts a unique Proof-of-Work consensus mechanism that ensures lightning-fast transaction speeds, low fees, and an eco-friendly footprint. XDC Network has gained widespread adoption across various industries, from finance to healthcare, solidifying its position as a leading blockchain solution for real-world use cases.