Blogs
Changelly Makes Accessing TRON (TRX) Much Easier
Despite all of TRON’s (TRX) recent success, the coin was still moderately difficult to get a hold of due to the lack of a direct path to it. Thanks to Changelly, this will now change.
Changelly changes how you get TRX coins
TRON’s (TRX) popularity has been increasing constantly for months now. However, the biggest problem with the coin wasn’t that people were not interested in it, but the way you had to go in order to acquire it.
Until now, those who wanted to buy TRON had to register on an exchange like Binance. Now, however, Changelly allows easy coin exchange, and the addition of TRX is expected to become a large game changer for this cryptocurrency.
Changelly offers users the ability to easily switch between a large number of different coins. Not only that, but it also allows TRX purchase via Mastercard or Visa. Of course, there is a catch to it, and the fees are slightly higher than those offered by exchanges. Still, Changelly is the one who performs the trades on behalf of their customers.
The addition of TRON
Changelly has decided to add TRON to its list as soon as TRX token swap has been officially completed. This allows changelly to simply move the coins and transport them to the user’s personal wallet. In the meantime, TRON’s MainNet continues to speed up and add more and more transactions with each passing day.
The MainNet is currently handling about 21,000 transactions on a daily basis. This might seem impressive at first, but the situation becomes a bit more clear once we remember that BCH manages between 13,000 and 20,000 transactions when the coin has a slow day. Busy days have seen BCH carrying over 100,000 transactions per day.
As for TRON, its low network usage is directly responsible for the lower number of coins being moved. Most of the time, the coins are only being moved between various exchanges, with the addition of withdrawals to wallets. On the more positive side, the voting process has also picked up a lot of speed, and TRX currently has 11 Super Representatives elected. The goal is to make it to 27, which means that TRX has not yet even elected half of them, but the process is speeding up, which will hopefully see the election of the rest of them soon enough.
Sun becomes TRON Super Representative
One interesting development came when Justin Sun, the TRON founder himself, decided to announce his candidacy for the position of a Super Representative. This was a move that has blown away many of the TRX holders, and Sun was elected a Super Representative in less than 24 hours. Sun is already hard at work, with his profile already producing TRON blocks.
Unfortunately for TRON, however, its price still continues to remain unresponsive to all of the coin’s recent achievements. Not even the Changelly couldn’t significantly change TRX price. Some believe that this move won’t influence TRON at all, considering how the service has limitations regarding the daily purchases.
There is also the possibility that new TRX users might see the system as confusing and mystifying. Currently, the price of TRON is $0.036418, with a 3.15% increase in the last 24 hours. This change, while welcome, is still believed to be inspired by Bitcoin’s new bull run, rather than any large change in TRON itself. Most of the coin’s volumes have migrated onto OKEx after Binance trading dropped.
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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
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Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //
Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.
Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.
The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.
NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more. One of the ways to have a successful…
2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for. While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory. When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion. But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.
I mention both of the above projects as they have each taken slightly different paths to achieve greatness. Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion. Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special. Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.
Cryptocurrency vs. Blockchain Technology
It’s important to make a distinction between blockchain technology and cryptocurrency. Although they are often used interchangeably, they are different. Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…
Altcoins
XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata
Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //
The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.
As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021.
“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.
He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”
Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”
Mr. Yamagata has…
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