Multiply Your XRP Rewards: Earn KITE with the New KITE Launchpool on Bitrue

The world of crypto rewards just got more exciting! Bitrue has officially launched the KITE Launchpool, allowing users to stake XRP or BTR to earn KITE tokens, an exclusive opportunity to multiply your earnings through a secure and rewarding staking system.

If you’re an XRP holder looking to make your assets work harder, this KITE Launchpool x XRP Launchpool on Bitrue is your chance to do just that. Let’s dive into how it works, what’s at stake, and how you can start earning KITE today.

Stay updated with the latest crypto launches, staking programs, and token insights, follow the Bitrue Blog for real-time updates and expert analysis.

What Is Bitrue Launchpool?

Bitrue Launchpool is a free staking platform that allows users to earn popular or newly listed tokens by simply staking eligible cryptocurrencies such as XRP or BTR. There are no fees involved, just deposit, stake, and start earning rewards.

With each Launchpool event, Bitrue provides a fixed amount of tokens (in this case, 50,000 KITE) distributed among participants based on their staking contributions.

Details of the KITE Launchpool

1. Total Rewards: 50,000 KITE

2. Farming Period: 3 Days

3. Status: Ongoing

4. Ends In: 1 Day 19 Hours (as of the current time)

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Available Pools

1. BTR Pool

- Stake BTR to earn KITE

- Total Staked: 34.49M BTR

- Rewards: 20,000 KITE

- Est. APR: 32.89%

- Individual Limit: 600,000 BTR

2. XRP Pool

- Stake XRP to earn KITE

- Total Staked: 755.66K XRP

- Rewards: 30,000 KITE

- Est. APR: 28.16%

- Individual Limit: 10,000 XRP

How to Stake XRP on Bitrue

Participating in the KITE Launchpool is simple and only takes a few minutes. Here’s a step-by-step guide on how to stake XRP on Bitrue:

1. Complete KYC Verification: Ensure your Bitrue account has passed Level 1 KYC verification to qualify for Launchpool participation.

2. Deposit XRP: Make sure your spot account holds enough XRP to meet the minimum staking requirement.

3. Visit Launchpool Page: Go to Bitrue Launchpool KITE page

4. Select the XRP Pool: Choose the XRP pool to stake your tokens.

5. Stake and Earn: Once staked, your rewards will start accumulating after T+1 hours, and you can check them in Assets → Earn → Transaction History → Launchpool.

Note: You can redeem your staked XRP anytime, but note that rewards for the current hour will not be credited after redemption.

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How to Earn KITE on Bitrue

There are two ways to earn KITE on Bitrue Launchpool:

1. Stake XRP to share 30,000 KITE rewards.

2. Stake BTR to share 20,000 KITE rewards.

Participants will receive KITE tokens hourly based on their staking amount. The higher your stake, the more rewards you earn, making it a simple yet powerful way to grow your portfolio.

Additionally, Bitrue is offering an exclusive deposit bonus: Deposit 1,000 KITE to receive 500 KITE instantly. This bonus makes early participation even more rewarding.

Why Join the KITE Launchpool x XRP Launchpool on Bitrue?

Here’s why this opportunity stands out for XRP and Bitrue users alike:

1. Zero Fees: Participate for free, no hidden costs.

2. High APR: Up to 32.89% APR depending on the pool.

3. Secure Staking: Fully integrated within the Bitrue ecosystem.

4. Exclusive Rewards: Get access to KITE, one of the hottest new tokens powered by GoKiteAI.

5. Flexible Redemption: Unstake your tokens anytime with no penalties.

In short, the KITE Launchpool is your chance to multiply your XRP earnings while gaining early exposure to a promising new token.

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How to Calculate Your ROI in Launchpool

Your estimated return is based on the annualized yield (APR) formula:

Est. APR = (New coins rewarded × New coin price) ÷ (Total staked amount × Staked coin price) × 100%

Bitrue automatically calculates and displays this estimated APR on the Launchpool page for your convenience.

Conclusion

The KITE Launchpool on Bitrue is a golden opportunity for XRP and BTR holders to maximize their earnings while exploring the potential of GoKiteAI’s KITE token. 

With a short farming period, flexible redemption, and high APR, there’s no reason to miss out.

Multiply your XRP today, join KITE Launchpool on Bitrue!

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FAQ

What is Bitrue Launchpool?

Bitrue Launchpool is a free staking feature that lets users earn rewards by staking supported cryptocurrencies like XRP and BTR.

How do I participate in the KITE Launchpool?

Complete KYC Level 1, ensure you have sufficient XRP or BTR in your spot account, visit the KITE Launchpool page, and stake your tokens.

When will I start earning KITE rewards?

Rewards begin to accrue T+1 hours after staking and are distributed hourly during the event.

Can I unstake my XRP anytime?

Yes, you can redeem your XRP anytime, but you won’t receive rewards for the current hour after redemption.

What’s the benefit of staking XRP on Bitrue?

Staking XRP on Bitrue’s Launchpool lets you earn new tokens like KITE, maximize your XRP potential, and enjoy high-yield, low-risk passive income opportunities.