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Blockchain platform VeChain joins forces with crypto exchange Bitrue

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One of the world’s most extensive blockchain application platforms VeChain has announced its collaboration with Singaporean crypto exchange Bitrue through its strategic advisory and investment arm CREAM; an official press release confirmed it on Monday.

As a part of this collaboration, Bitrue will host the listing of VTHO token, a cryptocurrency that operates on the VeChain platform and is used to store and register data on the VeThor blockchain. Starting from 24th February 2020, the VTHO/Bitcoin trading pair will be available for VeChain enthusiasts every week.

VeChain, XRP ecosystems are alike, crypto exchange Bitrue

Meanwhile, Bitrue, the XRP-focussed crypto exchange, said in the announcement that the reason they decided to collaborate with VeChain was because of the resemblance between XRP and VeChain ecosystem as both communities support enterprise-level adoption of blockchain through extensive business use cases.

Commenting on the partnership, Curis Wang, Bitrue CEO, stated in the announcement that both XRP and VeChain ecosystems are playing a crucial role in the global adoption of blockchain, and we are thrilled to be part of this journey. Bitrue assures that it will keep the best interests of both the communities at heart while strengthening our user-centric products and services to cater to the needs of existing and future customers, Wang confirmed.

Jackson Fu, the co-Founder of CREAM,  said that there are very exchanges that dedicate themselves to offering unparalleled customer experiences, and Bitrue is one of them. We are certain that the partnership will profit all the stakeholders involved and do wonders to boost the VeChain and CREAM ecosystem, Fu added.

Featured Image by Pixabay

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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