The VeChain’s and Bitrue Exchange Partnership May Benefit XRP

The VeChain Foundation, a non-profit association behind one of the main blockchain platform, has united with crypto exchange Bitrue through its vital accomplice and advisor CREAM.

A Large Number of Advantages for VeChain

As a major aspect of its key partnership with CREAM, Bitrue will list the VTHO token, which is required for recording information on the VeThor blockchain. A VTHO/BTC pair went live on February 24, 2020. The token will be distributed on a week after week premise.

Bitrue will start supporting tokenized ventures that are a piece of the VIP180 environment. What’s more, Bitrue will likewise offer ‘exclusive advantages’ for X hub holders.

Driving Blockchain Adoption

In its announcement, CREAM asserts that VeChain and XRP are both centered around creating enterprise-level use cases for blockchain technology. Bitrue had the option to recognize ‘the cover’ in these two ventures, which provoked it to grasp VeChain in mid 2019.

Curis Wang, the Bitrue CEO, said –

“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.”

Jackson Fu, the co-founder of CREAM, stated –

“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.”

Bitrue is one of the most XRP-friendly cryptocurrency exchanges. Back in December last year, it extended the quantity of exchanging sets with the third greatest cryptocurrency, carrying their aggregate sum to 77.