Bitcoin Superstore Chooses TRON TRX as its New Addition - Global Coin Report
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Bitcoin Superstore Chooses TRON TRX as its New Addition

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TRON TRX

TRON TRX continues to make new victories, with the latest one being a huge step towards mainstream usage. The new development has seen TRON become a new addition to the Bitcoin Superstore, and it was entirely community-inspired.

TRON (TRX) now on Bitcoin Superstore

TRON TRX is a cryptocurrency that needs no introduction. While the coin has dropped on the CoinMarketCap’s list once more, and it currently holds the 14th place, it is still one of the most popular cryptos today. Now, its popularity is bound to grow even more, after the coin got chosen to join the Bitcoin Superstore, and become a new legitimate payment method for over 200,000 stores.

A lot of effort went into making cryptos usable in the real world lately, which is a big indication that digital currencies are finally ready to be used, and not just trade. This is one of the reasons behind Bitcoin Superstore’s sole existence. Over time, the store entered partnerships with more than 200,000 stores around the world, and all cryptos that Bitcoin Superstore supports can now be used for making purchases in all of these stores at any time.

The Superstore is still open to new coins, which is why they asked their users which crypto should be adopted next. This has led to a huge amount of support for TRON (TRX), and the Superstore delivered. Now, TRON has joined the likes of BTC, BCH, ETH, XRP, and LTC.

What does this mean for TRON?

As a part of the Bitcoin Superstore, TRON TRX has received a huge new use case. So far, its goal was to transform and revolutionize the entertainment industry. While it put a lot of effort into this goal, it still only made small steps, despite the fact that it entered a lot of partnerships.

Now, however, TRON TRX will become an accepted method of payment that will allow the purchase of goods in over 200,000 individual stores. This will even include Amazon, and all that the user needs to do is to log onto the Superstore and paste the URL of the desired item into the appropriate box. Then, they should enter the shipping details, and choose the crypto they wish to pay with. The rest is taken care of by the Superstore itself.

According to the Superstore’s announcement, the customers of the service can order goods from Google Express, Amazon, and even an online version of Walmart. Any retailer that has an online presence, and doesn’t charge membership fees will likely be available on Bitcoin Superstore, and the service’s team will make sure that all transactions and deliveries go smoothly. Of course, the service itself will charge a small fee, at around 2%.

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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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Bitcoin

AAX Crypto Exchange Announces Massive Growth Numbers in August

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AAX Exchange

As the crypto market continues to surge, new traders continue to enter the market on a daily basis.  One of the first questions that new traders have is where should they trade crypto.  While there are countless options for buying and selling digital assets, traders need to exercise extreme caution and perform due diligence to avoid scam exchanges as well as places that have limited or no volume.  While the main platforms such as Coinbase, Binance, and Bittrex will always have significant volume, their fees are known to be on the expensive side.  AAX, a next-generation cryptocurrency exchange with the lowest futures fees in the world, represents a compelling alternative that traders should consider.

Growth Announcement

A few of the most important issues to consider when deciding whether to use an exchange are the number of users and the volume.  On August 7, AAX announced that in a little over two weeks, the exchange doubled its user base bringing the grand total of registered users to over 200,000.  At this rate, AAX may surpass the million mark later this year which would be an incredible achievement and is most certainly due to a variety of factors including extremely low fees and revolutionary technology.

Institutional-Grade Exchange

When AAX decided to build its platform, it set out to meet the demands of both institutional and retail investors.  In order to achieve that goal, the exchange operates at the highest possible…

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Altcoins

3 Reasons Why WISE Token Could Be a Massive Winner in 2021

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WISE token

After working in proprietary trading for over a decade, I decided to transition to crypto in early 2017.  Although crypto is significantly different from traditional capital markets, I managed to successfully find a niche for successful and opportunistic trading.  While 2017 was the perfect time to get involved, the past few years have proven to be a bit more challenging as far as generating ROI.

Cryptocurrency traders have spent the past several years searching far and wide for the next big winner.  While the market as a whole hasn’t been very bull friendly, one specific area that appears to be gaining traction is decentralized finance, more commonly known as DeFi.  This area generally refers to the digital assets and financial smart contracts, protocols, and decentralized applications (DApps) built on Ethereum.  The reason why so many crypto entrepreneurs are flocking to this space is that it allows them to create traditional financial vehicles in a decentralized network, outside the meddlesome control of foreign governments.

One extremely popular DeFi project is Chainlink (LINK) which is a decentralized oracle network that provides real-world data to smart contracts on the blockchain.  Chainlink has seen its token price increase by more than 300% year-to-date.    Another impressive project in the space is Kyber Network (KNC) which has seen its token soar from $0.20 at the start of the year to more than $1.60 at present.  Kyber Network’s on-chain liquidity protocol allows decentralized tokens swaps to be…

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Bitcoin

The Pros And Cons Of Cryptocurrency

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cryptocurrency

Many facets of our lives are now digitized––money is no exception. 

Have you noticed that paper money is on its way to being obsolete because so many people receive direct deposit and love the simplicity of their debit card? 

Not to mention, cash carries germs, as we’ve heard lots about during the pandemic. Many businesses have turned to card only options in light of this. 

But what about cryptocurrency?

You probably heard everyone raving about it a few years ago, but the excitement’s calmed down quite a bit. That doesn’t mean that it’s not a viable option you should keep in mind. 

What’s Cryptocurrency? 

Let’s start with the basic definition of cryptocurrency so we’re all on the same page. Cryptocurrency utilizes cryptographic methods and complex coding systems to encrypt sensitive information during data transfers. This protects your funds and personal information on a whole different level. 

These transactions are virtually impenetrable due to the combination of mathematical and technological protocols created and put in place. This aspect of cryptocurrency is what makes it safer. Also, the details of transactions are kept private. No one can see who sent what, etc., because those rigorous mathematical and technological protocols protect it.

The Pros: 

Different From Traditional Banking Transactions

One thing people hate about traditional banks is the fact that they can…

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