Country for PR: United States
Contributor: PR Newswire New York
Tuesday, February 25 2020 - 00:00
AsiaNet
CREAM to Collaborate with Singapore Based Cryptocurrency Exchange Bitrue
SINGAPORE, Feb. 25, 2020 /PRNewswire-AsiaNet/ --

In an announcement ( 
https://c212.net/c/link/?t=0&l=en&o=2727979-1&h=2611451010&u=https%3A%2F%2Fcreamandpartners.com%2Fcream-announces-partnership-with-bitrue-to-strengthen-the-creamethod-and-vechain-ecosystem%2F&a=announcement 
) released on Monday, CREAM and cryptocurrency exchange Bitrue have announced a 
partnership which will focus on pushing real value to CREAM-incubated projects 
and the wider VeChain ecosystem.

Photo - https://mma.prnewswire.com/media/1093973/CREAM.jpg 
Photo - https://mma.prnewswire.com/media/1093974/CREAM2.jpg 

The latest stage of their collaboration begins immediately, with Bitrue 
announcing that it will list the VeThor Token (VTHO) on the 25th of February, 
2020. Trading begins with a VTHO/BTC pairing. VTHO deposits and withdrawals are 
currently live on the exchange and trading times will follow shortly. 

Bitrue will be upgrading their VTHO distribution program, increasing their VTHO 
to VET holders from a current monthly basis, to a weekly distribution. This 
will ensure VET holders are receiving their generated VTHO on a more frequent 
schedule.

The VeThor Token (VTHO) is the secondary token in the VeChain Ecosystem - VTHO 
is consumed when making transactions / uploading data to the blockchain and is 
generated over time by holding VeChain (VET). 

Bitrue is also announcing their support of the VeChainThor VIP180 token 
standard, which includes fast-tracked listing services for upcoming tokenized 
projects built on the VeChainThor public blockchain.

In addition, Bitrue has pledged to announce the support and implementation of 
VeChain X Node benefits to Bitrue users who successfully bind their X Nodes to 
the platform. Initially Bitrue will be offering 10% APR on VET holdings for the 
first 3 months for users that complete the X Node binding process.

"Bitrue has been continually impressed by the growing adoption of the 
VeChainThor blockchain and appreciates the proactive approach that CREAM is 
taking to strengthen both the CREAMethod and VeChain ecosystem. Enterprise and 
business use cases will drive mass adoption of blockchain and we're glad we can 
play a role in accelerating this process. Bitrue pledges to work in the best 
interests of both CREAM and VeChain, whilst simultaneously enhancing our 
bespoke trading products to effectively serve both new and current customers 
alike." - Curis Wang, CEO of Bitrue

"At CREAM, we strive to provide meaningful value for our incubated projects, 
partners and stakeholders. Cryptocurrency exchanges that are dedicated in 
providing exceptional value to customers are rarely seen, Bitrue epitomises the 
customer centricity we value. We are confident this partnership will yield 
dividends for all parties involved and we thank Bitrue for the dedication and 
commitment to the CREAMethod and VeChain ecosystem." - Jackson Fu, Co-Founder 
of CREAM  

About Bitrue
Bitrue is a cryptocurrency exchange with lending and staking options offering 
the best APR investment rates globally. Bitrue's 'Power Piggy' product allows 
you to stake cryptocurrency to earn interest rates of up to 15%. Bitrue Loans 
is one of the first services worldwide that allows you to pledge your 
cryptocurrencies to receive a loan of a different coin. Bitrue was the first 
exchange to offer XRP as a base pair and currently supports over 80 XRP pairs. 
The trading platform supports 110 different tokens with more being added 
regularly. 

About CREAM
CREAM, one of the main driving forces behind VeChain, is a leading strategic 
advisory and investment firm and pioneering investment incubator using 
blockchain and the crypto-economy to enable the potential of startups and 
enterprises globally. CREAM provides a unique approach to blockchain and the 
creation of crypto-economy business models. As one of the first investment 
incubators to focus on enhancing business efficiency with blockchain, CREAM is 
driving disruption into the business world, delivering tangible results that 
are becoming foundational technologies of the future economy. CREAM is 
comprised of an international team, focused on delivering real world 
objectives, unlocking novel value and securing use cases and applications for 
the CREAMethod incubation ecosystem and VeChainThor network.

Bitrue
Twitter:  https://twitter.com/BitrueOfficial 
Medium: https://medium.com/@bitrue 
Telegram: https://t.me/Bitrue_official 
Web: http://bit.ly/2uGltrk 

CREAM
Twitter: https://twitter.com/CREAMethod 
Web: https://creamandpartners.com 

SOURCE: CREAM

CONTACT: support@creamandpartners.com