BTR, or Bitrue Coin, is the native utility token of the Bitrue cryptocurrency exchange. As an ERC-20 token on the Ethereum blockchain, it is designed to enhance the user experience and provide various benefits within the Bitrue ecosystem.
Holders of BTR can receive trading fee discounts, participate in wealth management and loan programs, and even vote on new cryptocurrency listings to be added to the exchange. The token also has a deflationary mechanism through regular token burns, which helps to manage its supply over time.
BTR plays a central role in Bitrue's financial products, such as "Power Piggy," where users can stake their tokens to earn rewards. The token's functionality extends beyond the exchange itself, as it can be stored in any Ethereum-compatible wallet. BTR is a key component of the Bitrue platform, incentivizing user engagement and supporting the platform's various services.