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COINTURK NEWS > Altcoin News > What is TrueFi Coin?
Altcoin News

What is TrueFi Coin?

In Brief

  • TrueFi (TRU) is a cryptocurrency project that offers high interest rates and returns to liquidity providers.

  • Recently, liquidity provision, especially in decentralized finance applications, has become popular.
COINTURK NEWS
COINTURK NEWS 1 year ago
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TrueFi (TRU) is a cryptocurrency project that offers high interest rates and returns to liquidity providers. Recently, liquidity provision, especially in decentralized finance applications, has become popular. Earning through yield harvesting, one of the most popular methods of making profits these days, can be easier and more profitable than ever with TrueFi.

Contents
What is TrueFi (TRU)?How to Buy TrueFi Coin?

The TrueFi protocol aims to allow every investor to choose their own specific risk/return ratio from different liquidity pools, and accordingly direct their investment. Additionally, the creation of a credit rate for each investor in the system and earning different profit rates based on this are among its positive features.

What is TrueFi (TRU)?

TRU is the cryptocurrency at the foundation of this protocol. The profits earned by users participating in all these pools are provided in TRU. Additionally, users have the opportunity to use their TRU tokens for voting on changes in the network. As a decentralized credit and deposit system, TrueFi’s cryptocurrency, TRU, continuously adds value to its worth.

TRU holders also technically own a share in the creation of this new and decentralized credit system. The growth of TrueFi, which offers a completely decentralized version of the credit services provided by banks, will contribute the most to the value of TRU.

How to Buy TrueFi Coin?

Those who want to buy TrueFi Coin can simply choose Binance, one of the world’s largest cryptocurrency exchanges. There are two different trading pairs on Binance, TRU/USDT and TRU/BTC. The highest volume in the last 24 hours was 7 million dollars on Binance.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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