Seoul City, South Korea -- (SBWIRE) -- 01/29/2021 -- Bitberry Wallet, the leading cryptocurrency wallet provider in South Korea has announced that they have launched Bitberry Finance, in short, BBR Finance on 29th January 2021. Root One Software, the owner of Bitberry, aims to create a new DeFi platform for their existing clients.

DeFi stands for "decentralized finance". This is an umbrella term for a variety of financial applications in cryptocurrency or blockchain geared toward disrupting financial intermediaries. It has disrupted the finance world and has taken its form in 2021.

BBR Finance has introduced a completely new method with the existing DeFi platform that accesses the menu of staking, LP supply, smart farms and multifarms by exchanging FarmBBR (fBBR), a miner token.

When users deposit for example Sodacoin, Ethereum, and Tether which are currently listed on Bithumb. They can use them to borrow fBBR miner tokens. fBBR allows you to participate in farming pools such as yield farming, smart farming, and multi farming through the staking process. The new concept has drive attention as this is consensus-based cooperative farming and mining.

An official spokesperson from BBR Bitberry Finance said, "We designed the DeFi model to be easily accessible, unlike some other DeFi projects which were difficult and close and are mainly for experts. Our mutual collaboration yield farming model will also introduce a referral structure that has not yet been attempted in Phase 2."

BBR Finance's Telegram community and Kakao community have already attracted more than 10,000 participants to date. The spokesperson also added that he wants to present a proper DeFi platform and ecosystem in South Korea, for the South Korean community and beyond.

BBR Finance has a few more plans in its pipeline for 2021. For more information, visit https://bitberryfinance.medium.com/introducing-bitberry-finance-4a971d197272 for the latest updates.

About BitBerry
BitBerry, founded in 2016 is a leading cryptocurrency wallet in South Korea with over 100,000 users. We aim to make money transfer simple, easy and secure globally based on blockchain technology. You can send money to your friends via their registered phone number at BitBerry.

Press Contact

On behalf of BitBerry
Name: Melody Chan
Title: Editor
Email: contact@blockcast.cc
Web:https://www.blockcast.cc
Mobile: (+65) 9883 2707

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Seoul City, South Korea -- (SBWIRE) -- 01/14/2021 -- League of Traders is pleased to announce a partnership with Phemex, a Singapore-based crypto exchange. This is League of Traders continuous effort to expand their list of supported global leading exchanges. Till date, leading exchanges including Binance, BitMEX, FTX, Bybit, and etc are part of their network.

Phemex users are able to find their exchange available for integration into League of Traders. "We are excited to partner with Phemex as we appreciate their unique position as one of the most competitive exchanges on the market. As a company with top exchange partners from around the world, we look forward to working with their team, led by eight former Morgan Stanley Executives, in order to enhance the trading experience for crypto users everywhere," said John Ting Li, Co-Founder of League of Traders.

Phemex, launched in November of 2019, is already within the top 10 derivatives exchanges according to coinmarketcap.com. In March 2020, Phemex also began offering zero-fee spot trading services.

"This partnership comes timely for us. As part of our commitment to continually provide better tools and services for our users, we are constantly seeking promising partnerships. Luckily, our search led us to League of Traders, a trusted company within this industry. We are confident that any of our customers interested in social or copy trading will find that League of Traders excel in this space," said Jack Tao, CEO of Phemex.

John Ting also mentioned at an AMA session at Asia Blockchain Community that they have been selective in choosing the right exchange to integrate with and the platform has not added any new exchanges for nearly a year. "Phemex was the next obvious choice as they are one of the best trading platforms in the market that exceeds both in terms of speed, safety and stability."

About League of Traders
League of Traders is the leading social trading service in Asia that allows users to visualize their assets across exchanges and make informed trading decisions. In addition, it gives users access to real-time leaderboards that introduces a new innovative and transparent way of competition and copy-trading. Users can learn more about League of Traders by visiting https://leagueoftraders.io/.

Media Contacts:

Contact Person: Melody Chan
Title: Editor
Company: https://www.blockcast.cc
Email: contact@blockcast.cc
Phone: +65 9883 2707

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm