Connect with us

Altcoins

Tron network gets a boost as crypto exchange ChangeHero lists TRX

Published

on

Tron TRX ChangeHero
READ LATER - DOWNLOAD THIS POST AS PDF

ChangeHero is a crypto exchange that permits digital asset swap instantly. This exchange medium supports cryptocurrency to cryptocurrency trades on its platform. Just about 15 hours from now, the founder of Tron, Justin Sun, announced a good news to the Tron community through his official Twitter page that ChangeHero has listed Tron on its platform.

The tweet reads:

TRX is available now for USD at ChangeHero Instant Exchange, TRONICS can use the direct through ChangeHero.”

ChangeHero is one of the biggest and fastest growing crypto-exchanges in the world. The exchange supports more than a hundred crypto-coins, tokens, and assets. The platform also supports about nine languages and delivers smooth and speedy transactions with a great experience.

TRX listing on ChangeHero is a big boost for Tron’s network. The platform has now made TRX and USD trading available for all its customers.

Also, customers now have the opportunity to exchange TRX from ChangHero by making use of USD. ChangeHero offers a stable and secured TRX transfer on its platform, and it is one of few exchanges that have 5-star support on offer and best rates.

At the moment, TRX is matched against USD only on ChangeHero, and more trading pairs are expected to get added soon.

Undoubtedly, ever since the inception of Tron, it has attracted lots of exchanges. During the Tron migration on the 21st of Jun, 2018, big crypto-exchange such Binance, Bitfinex, and Bittrex announced their support for Tron network during the launch of its MainNet. Tron’s listing on major crypto exchanges keeps increasing as every day passes and this is due to its liquidity and futuristic long-term projects.

ChangeHero is not the only recent cryptocurrency exchange that has decided to add Tron to its platform, Abra, the only cryptocurrency wallet with a built-in exchange that supports about 28 cryptocurrencies, such as Bitcoin, Litecoin, Ether, XRP, DigiByte, etc., decided to feature Tron and Cardano on its platform just yesterday.

Justin Sun twitted about Tron’s listing on Abra on his official Twitter page today:

On the other hand, Abra stated on its official website after adding TRX, Cardano, and Basic Attention Token (BAT):

We are really excited to have these coins listed on Abra, and we are working to bring more investment options to Abra users. Before being listed on Abra, each coin goes through a rigorous vetting process that includes assessing the coin’s liquidity, contract market making, and other factors.  Once those criteria are met, new coins are added to Abra’s synthetic currency system, which means that all assets listed on Abra are leveraging the crypto-backed stable-coin model.”

Nonetheless, Abra has also announced on its official Twitter page that it is also making out plans to launch its very own in-app European bank purchases of Bitcoin and other cryptocurrencies – with Tron (TRX) included.

As things look, more crypto exchanges might list Tron on their platform soon making us expect a positive change in its price than what it is now. At the time of writing, TRX is priced at $0.0209 and is in the red (alongside the rest of the market except Ripple’s XRP) and down by 4.66% in the last 24 hours time.

For the latest cryptocurrency news, join our Telegram!

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 thorough research before investing in any cryptocurrency and read our full disclaimer.

Photo by Austin Neill on Unsplash

Altcoins

CoinFlip Scores Big with BRD Wallet Partnership

Published

on

CoinFlip
READ LATER - DOWNLOAD THIS POST AS PDF

As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

Continue Reading

Altcoins

Can Libra help the crypto industry to reach new heights?

Published

on

Libra is motivated and determined to change the face of payment procedures across the globe and make the blockchain-based project the leaders of payments.
READ LATER - DOWNLOAD THIS POST AS PDF

The market for cryptocurrencies started with the launch of Bitcoin in 2009, and since then, so many cryptocurrencies have been launched that it gets hard to keep track of them. The crypto market has seen massive growth in the past 3-4 years as it started gaining attention from mass media, which helped in this boom.

From the past 2-3 years, several new cryptocurrency projects were launching in the market. Amid all this, the social media giant – Facebook announced the launch of their cryptocurrency platform, and this news got viral like wildfire. The announcement came forward in June, and the upcoming cryptocurrency is known as Libra, and it’ll come with its dedicated wallet called Calibra.

What is Libra?

Libra is a permissioned blockchain-based digital currency which is being developed under the supervision of Facebook’s vice president, David A. Marcus. The cryptocurrency is under development in partnership with an independent, non-profit member Libra Association. Facebook is the second member of the project, and these companies aim to use Facebook’s user base for the promotion of the digital currency when it is launched. The transactions and the cryptocurrency will be managed and cryptographically entrusted by the Libra Association.

Note: Libra Association was established by Facebook to look after the cryptocurrency and the transactions, and it was founded in Geneva, Switzerland.

The development of…

Continue Reading

Altcoins

Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

Published

on

collateralized debt position
READ LATER - DOWNLOAD THIS POST AS PDF

While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

Continue Reading

Elite