Place/Date: - January 12th, 2022 at 10:11 pm UTC · 2 min read
Leading cryptocurrency exchange Bitrue has today announced that they will be adding Songbird SGB into their Futures function starting January 13th at 11:00 UTC.
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.
Adam O’Neill, Chief Marketing Officer at Bitrue, said:
“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.”
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.
Launched in July 2018, Bitrue is a diversified cryptocurrency exchange with support for trading, loans, and investments. Bitrue aims to utilize blockchain technology to bring financial opportunities to everybody regardless of their location or financial position. They have offices worldwide and continue to develop new features at a rapid speed to fully service the new wave of the digital economy.