Leading cryptocurrency exchange Bitrue has announced that they will be adding Songbird SGB into their Futures function starting January 13th at 11:00 UTC.
Latest Fintech Insights: Voyager Digital Announces Key Hire as It Expands Crypto Payment Solutions in the US
Songbird is the canary network token from Flare Networks, which is being used as a testbed before the launch of a later token known as Spark. Songbird was distributed to holders of XRP in late 2021 and can be purchased in the spot exchange at Bitrue.
Bitrue added Futures trading to their range of functions starting in July of 2021. Since the initial launch they have been expanding the coins available week by week, and now have over 60 coins supported.
This newest addition makes Bitrue the first and only exchange to support Songbird Futures trading. It is also launching with a 0% maker fee, benefitting users who provide liquidity and facilitating an overall smoother experience for all users.
Browse The Complete News About Fintech : MoneyGram Launches Partnership with Japanese Fintech Smiles to Enable International Money Transfers
“Songbird continues to be one of the most popular coins on our exchange, due to its strong potential and the significant overlap with the XRP community to which Bitrue is closely affiliated with. We are very pleased to be doing all that we can to support Songbird and we are confident that this latest addition is going to be very warmly received by 4 million traders on Bitrue.” said Adam O’Neill, Chief Marketing Officer at Bitrue.
Bitrue has previously pledged to support the airdrop of the Spark token FLR later this year. They are also a part of the Songbird FTSO program, wherein they provide pricing data in service to a decentralized oracle which can then be used by third parties who require accurate information.
Read More About Fintech News : Acorn Finance Raises $8.4 Million in Series A Funding Led by MassMutual Ventures
[To share your insights with us, please write to sghosh@martechseries.com]
