Tron (TRX) is picking up sizable momentum.
All thanks to two new trading pairs and a release on a European Exchange
After migrating from the ETH protocol, it succeeded with its Mainnet launch. Since then, the blockchain protocol has seen a good amount of interest from exchange.
For example, Binance just paired its Binance Coin (BNB) with TRX.
This will now allow traders who prefer using BNB as a base currency to trade with TRX instead of having to cash out to USDT, BTC or ETH.
Bittrex Paired TRX with the USD
Bittrex just announced that TRX is available to trade with the USD. This marks the first time TRX has been paired with the USD in the U.S.
It’s now one of 10 digital currencies available for direct USD exchange on Bittrex.
Tron will also be listed on BitBay
It will now list on BitBay, a cryptocurrency exchange with 800,000 users.
“The listing of TRX on BitBay is another milestone for us, representing another significant step of Tron into the European market. We believe that the cooperation between the two parties will provide users with more purchasing channels that are safer and more convenient.” CEO on Tron Foundation, Justin Sun says.
A Platform for Dapps Developers
Another reason to like TRX, according to Global Coin Report:
“Tron is also a platform that encourages Dapp’s (decentralized applications) developers worldwide. Tron’s team have been striving hard to attract lots of Dapps Developers on Ethereum’s blockchain – and the younger blockchain from two, Tron, seems to be all set to win.”
“Tron has created a project known as SeedGerminator – an accelerator designed for developers who aim at creating different products including Dapps, tokens, and technology on the Tron network. Due to the fact that Tron is attracting lots of Dapp’s developers today, it is possible that the price of Tron will increase massively as more and more developers turn to it.”
Want the latest crypto news? Join our Telegram Channel