Crypto exchange Bitrue has partnered with Babylon Labs

Crypto exchange Bitrue has partnered with Babylon Labs to launch a new double rewards program for Bitcoin staking today.

According to the official announcement shared by Forexlive, this double rewards program will provide long-term BTC holders multiple ways to leverage their current holdings to maximize their earnings.

Users will be able to deposit their BTC on the Bitrue crypto exchange, giving them a quick and easy way to earn Babylon points that they can use for rewards later. Additionally, the staked BTC will attract 2.3% APR, with the earned BTC added to users' accounts daily.

# White-eared and @babylonlabs_io giving #Bitcoin waiting for you!

☑️ Get access to the highest yield
☑️ Secure and scalable reset
☑️ Quick solution
☑️ Earn Babylon points and cash prizes!

Access the world's first self storage #BTC putting mainnet on # White-eared today!

Join now!… pic.twitter.com/ve45BSYTld

— Bitrue (@BitrueOfficial) December 9, 2024

The onboarding process has also been automated to make it as quick as possible for one to join the Babylon Points program on Bitrue. All BTC holders have to do to stake their holdings is a few clicks while Bitrue handles the rest.

In particular, the entire reward system is the result of the amazing innovative solutions developed by the Babylon Labs team to bring DeFi to Bitcoin. Those who choose to bring their BTC through the double rewards program not only contribute to decentralization but also strengthen the security of other projects building on the Bitcoin blockchain.

Bitrue also provides exchange services for interested users who do not yet have BTC, making it possible for one to start earning 2.3% APR and Babylon Points as soon as they have received and sent their BTC involved.