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How to Transfer CARATS to Bitrue

Apr 12, 2024
5 min read
Written by Diamond Standard

Introduction to CARATS and Bitrue

Within digital assets, CARATS stand out as an innovative option for investors. Developed by Diamond Standard, these tokens represent a secure, blockchain-based investment, backed by physical diamonds which are stored in secure vaults.

Unlike traditional cryptocurrencies, CARATS offer a tangible asset backing. Bitrue, a leading cryptocurrency exchange, has recently listed CARATS, opening a new avenue for non-U.S. residents to trade and invest in these tokens.

Furthermore, Bitrue offers an enticing CARAT staking option with a 15% APY over 30 days, promising substantial returns for CARAT holders.

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Step-by-Step Guide: Transferring CARATS to Bitrue

Transferring CARATS to Bitrue involves a few steps designed to ensure security and efficiency. Here’s a detailed guide on how to move your CARATS from the Diamond Standard Wallet to Bitrue.

Setting Up Bitrue for CARATS Deposit

  1. Navigate to Bitrue: Open your Bitrue account and go to the Bitrue Deposit Page.
  2. Prepare to Deposit: Select 'CARAT' in the Coin field and 'HBAR (Hedera Hashgraph)' in the Network field.
  3. Continue the Deposit Process: Check the appropriate checkbox to acknowledge the security prompt and click 'Continue Deposit'.
  4. Copy Necessary Information: Note down the CARAT Deposit Address and the CARAT Tag from the HEDERA network provided by Bitrue.

Transferring CARATS from Diamond Standard Wallet

  1. Access Your Wallet: Log into your Diamond Standard Wallet.
  2. Initiate the Transfer: Click on the Transfer button under 'Holdings'.
  3. Enter Transfer Details: In the 'Amount' field, select CARATS, and enter the number of tokens you want to transfer.
  4. Setup Transaction Details: Choose your sending account and paste the copied CARAT Deposit Address into the 'Receiver Account' field. Validate the address to ensure it is correct.
  5. Add the CARAT Tag: Enter the CARAT Tag in the 'Memo' field to associate your deposit with your account.
  6. Confirm and Send: Click 'Confirm', enter your Security PIN, and submit the transaction.

Why Transfer CARATS to Bitrue?

Transferring CARATS to Bitrue not only allows you to trade but also to participate in lucrative staking programs offering up to 15% APY. This is especially appealing for investors looking to earn passive income on their holdings. Moreover, Bitrue's platform provides robust security measures, ensuring that your investments are safe and secure.

Conclusion

Transferring CARATS to Bitrue is a straightforward process that opens up various financial opportunities, including trading and staking. By following the detailed steps outlined above, investors can efficiently manage their digital assets and potentially gain significant returns.

Are you ready to leverage your CARATS for attractive returns on Bitrue?

Ready to explore more about CARATS and other investment opportunities with Diamond Standard? Schedule a meeting with the Diamond Standard Team today!

For an in-depth guide on staking CARATS on Bitrue, stay tuned for our upcoming blog post!

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