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Disclaimer: Nothing in this report constitutes investment advice—I am just reporting on my accounts and its progress on each platform. You should not use this report to make financial decisions. I recommend you seek professional advice from someone who is authorized to provide investment advice.
Hey everyone and welcome to the HODLer’s Den!
Here you will find information on my crypto investment portfolio straight from a HODLer’s perspective.  This section will focus on HODLing cryptos and interest-earning platforms.
Bitrue
Updates
New Coin Listings & Governance
The hybridization into a DeFi platform is in full swing with plenty of governance voting to bring new coins onto Bitrue.
Position Exchange (POSI) Enters the BTR Vote with 10,000 POSI Staking Rewards
Equilibrium Games (EQ) Enters the BTR Vote with 3,000,000 EQ Staking Rewards
Cogecoin (COGE) Enters the BTR Vote with 19,000,000,000 COGE Staking Rewards
To vote, you need to have an available balance of BTR.
When the vote ends, the staking period will begin.
For every day that your BTR remains staked you will continue accruing rewards, which will all be paid out in one lump sum at the end of the staking period.
You can unfreeze your BTR earlier if you wish, but you will receive fewer rewards as a result.
Staking periods and rewards vary depending on the coins.
Bitrue Coin (BTR) Utility
Governance
Right now Bitrue is regularly holding voting sessions where users can vote for new coins to come to the exchange.
Each 1 BTR that a user holds entitles them to 1 vote.
If a new coin receives enough votes then it gets listed for trading, and additionally, in most cases it also advances the BTR into the Vote Staking phase.
For the subsequent 7 days, for every day that your BTR remains staked you earn rewards in the form of the coin you staked.
Although not fully decentralized, the voting allows some form of governance which should ideally help guide Bitrue in the right direction.
Yield Farming
At times, Bitrue will host yield farming pools with high APR for a limited time.
I have participated in some of the pools in the past but the short duration was not worth the hassle of the process.
If you have the time and patience, you can take advantage of lucrative yields.
Token Sales & Airdrops
Bitrue is fast in increasing the number of token sales they will be supporting, as many new projects are looking to partner up with trustworthy exchanges to debut their projects to the world.
In these token sales, users can receive early airdrops of these new tokens, and the way that users enter into these airdrops is through holding BTR.
Interest Earned
Despite the recent market fluctuations, my Bitrue Power Piggy portfolio continues to accumulate interest. The markets doing fairly well. In the last 4 weeks my Power Piggy portfolio gained about 11,000 USD—a 17% increase in value. You can use this Google Spreadsheet to track my earnings on the four major platforms I use.
Below is my earnings from Bitrue’s Lockup. So far, I have accumulated 49,000 USD in interest. In the last 4 weeks, this portfolio grew about 8000 USD resulting in a 21% increase in my interest gain.  I am taking advantage of the current high APRs on ETH and BTC with Bitrue’s Lockup. ETH is earning a whopping 11% and BTC is earning 8.5%.  Since BTC and ETH make up a large portion of my lockup portfolio, the dip has taken a toll on my portfolio. BTC is at 54.9k USD and ETH is at 3597 USD. Note that the total amount invested is inaccurate.
Conclusion & Prospect
Bitrue is quick to list coins and now with voting it gives power to the people on which coins they want listed on the exchange. Part of their roadmap is hybridization from a CeFi platform into a DeFi/CeFi one and with these changes, Bitrue is true to their word and roadmap.
The price of BTR recently surged from 0.15 USD to a high o 0.32 USD before sitting at around 0.29 USD at the time of writing this article. The great thing about Bitrue is that not only is it quick to list coins, but it almost always support airdrops. Airdrops are literally free money for investing in a coin/token or supporting a project. I have had several airdrops with massive amounts and they can quickly turn a bad day into a great one.
While BTR has plenty of utility, I mainly use it for Power Piggy and BTR Lockups to earn interest on my assets. I have been using both of these features since the very beginning and I have never had an issue. The only caveat with Bitrue is the high withdraw fees. I like to do small test withdraws to be safe so I end up having to do multiple withdraws which can be quite costly. However, if you use the platform long term, the withdraw fee become irrelevant.
What I Am Doing
This section is dedicated to paid subscribers as I will go into details of what moves I am making with my interest-earning portfolios.
You are currently reading the Free Version. If you would like more information, please consider switching to a paid subscription.
Each week I will report on a different interest-earning platform that I use—mainly, Celsius Network, Bitrue, Crypto.com, and BlockFi.
If you are new to crypto or have considered joining new platforms, check out the Starter Pack created by CryptoOneStop by clicking here or if you want to earn over 250 USD in referral bonuses then click here.