Bitrue, a cryptocurrency exchange recognized for its consistent support of XRP, has announced a substantial promotional campaign that will distribute 420,000 XRP to eligible participants. The initiative, which is set to conclude on November 13 at 04:00 (UTC), aims to stimulate increased platform activity through a combination of trading, staking, and referral incentives.
Campaign Overview
The event, titled “Your Chance to 420,000 XRP,” offers both new and existing users multiple avenues to earn XRP rewards. Qualification for rewards can be achieved by participating in three primary activities: trading and depositing XRP, staking XRP holdings, or engaging with Bitrue’s new XRP launchpool to enhance returns.
To qualify for any rewards, users must complete Bitrue’s Level 1 Know-Your-Customer (KYC) verification. The exchange has also stipulated that any withdrawals made during the campaign period may affect user eligibility. All rewards earned are scheduled for distribution within two weeks following the campaign's conclusion.
Deposit and Trading Event
The first component of the campaign is focused on deposits and trading activities. Bitrue is providing incentives for users who deposit and trade a minimum of 100 XRP on its spot market, with a dedicated prize pool of 250,000 XRP allocated for this segment.
Furthermore, Bitrue is offering a 20% welcome bonus to the initial 500 new users who successfully meet the specified trading and deposit criteria. For the purpose of this campaign, “new users” are defined as individuals who registered on Bitrue after January 1, 2025, and have not made any prior deposits.
Users have the opportunity to amplify their earnings by referring others to the platform, potentially earning up to 50 XRP for each qualified trader they introduce to Bitrue.
Staking Opportunities
The second phase of the promotion concentrates on staking rewards, presenting users with both flexible and fixed-term staking options tailored to their user status.
New users can opt for a seven-day flexible staking plan, which offers an attractive 80% annual percentage yield (APY) with guaranteed returns. Existing users are eligible to participate in a 15-day fixed-term staking option that provides a 3% APY. These staking programs are designed to foster long-term user engagement while offering consistent incentives to XRP holders.
XRP Launchpool for Multiplying Rewards
The third stage of the campaign introduces a new XRP launchpool, which is scheduled to officially commence on November 4. Both new and existing users can participate in this feature, with the potential to earn up to 50% APY.
The launchpool provides participants with an alternative method to increase their XRP holdings without the need for active trading, thereby offering another avenue for accumulating rewards throughout the campaign period.
Bitrue's Commitment to XRP
Bitrue has consistently maintained its position as one of the most XRP-supportive exchanges within the digital asset industry. Since the initial listing of XRP in 2018, the platform has progressively expanded its XRP-related services, introducing over 90 trading pairs by March 2024.
In addition to its standard trading services, Bitrue has previously organized various XRP-focused promotions, including a $50,000 XRP giveaway in March 2024.
The current 420,000 XRP campaign further underscores Bitrue’s sustained confidence in XRP’s significance within the broader cryptocurrency landscape and reaffirms the exchange's dedication to encouraging user engagement within the XRP community.
Through this initiative, Bitrue not only rewards its active users but also continues to strengthen its established relationship with the XRP ecosystem, a connection that has remained resilient through various market fluctuations.