Bitrue, an exchange located in Singapore, has recently shown increased support for Shiba Inu, as well as its two leading tokens, BONE and LEASH. This makes the exchange the newest addition to the digital assets trading platforms that are backing the crypto.

The ShibArmy was delighted to hear the news from Biture on Wednesday that staking LEASH and BONE tokens will open up the opportunity to gain an annual percentage yield of up to 10% in Shiba Inu on the popular exchange site. This is set to be available from July 12 at 1PM (UTC).

A few hours later, the crypto exchange used Twitter to let the Shiba Inu followers know that the LEASH and BONE staking pool was now ready to go. They wrote, "Time to invest your LEASH or BONE to get SHIB rewards!"

Traders can take advantage of Bitrue's offering to gain additional SHIB tokens as they anticipate the potential surge in value of SHIB after the launch of Shibarium's mainnet.

Not long ago, Bitrue, a platform that offers trading for over 700 different cryptocurrencies, added LEASH/USDT to its selection. This came after it had already listed SHIB and BONE.

The Shiba Inu community is eagerly awaiting the mainnet launch of Shibarium, and Bitrue recently published a blog post on Medium to showcase its distinctive features and importance. The blog highlighted the layer-2 scaling solution as a key factor of the project.

The review was warmly received and praised the project developers and the Shiba Inu community for their success in evolving the digital asset management platform from simply being a meme coin to a multifaceted platform with various solutions.

Bitrue pointed out that Shibarium is created with the objective of raising investor enthusiasm, and it will use the delegated proof-of-stake (DPoS) consensus system.

Applying this blockchain algorithm to their processes would bring about a huge improvement in the transaction speed on the Shiba Inu network. It would also boost network performance and reduce the cost for users when it comes to paying gas fees.

Including Shibarium in the Shiba Inu system would be beneficial, allowing the network to expand without compromising decentralization or security.

The much-anticipated Layer 2 solution is projected to go live in August, with BONE acting as its fuel token. Furthermore, it is estimated that BONE will reach $2 when the Shibarium is launched.

HYIPer.net » Bitrue Introduces Staking Pool for BONE and LEASH With Up 10% APY