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Tron network gets a boost as crypto exchange ChangeHero lists TRX

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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.

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

Photo by Austin Neill on Unsplash

Altcoins

3 Altcoins That Are Outperforming Bitcoin and Will Likely Face Consequences

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The crypto market is going through a period of massive recovery in the past few months, which has caused the investors’ optimism to return. While all eyes are on Bitcoin (BTC), as usual, the largest coin seems to be struggling with a major resistance level at $8,000 at the moment. While this level was breached a few times now, every breach resulted in a correction.

At the time of writing, BTC is approaching this level yet again, with its current price being at $7,985,79, and rising further. The price managed to grow by 1.06% in the last 24 hours, and will undoubtedly hit $8,000 in a matter of hours, if not sooner.

However, while Bitcoin continues to remain volatile and struggles with waves of growth and decline, there are some altcoins that are not following its path. Of course, most of them are performing in pretty much the same manner as BTC, as they always had. But, a few coins have actually managed to outperform Bitcoin in recent months.

While optimists believe that this might lead to decoupling from Bitcoin — something that only Binance Coin (BNB) managed to pull off up to this point — it is likely that there will be consequences for these cryptos. This likely means that a price drop for these specific coins awaits somewhere in the near future, as outperforming BTC…

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Altcoins

Why Binance May Be Crucial for Tron (Trx) to Reach $1

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TRON (TRX) has been one of the most popular crypto projects in the past year. The coin has received a lot of attention from the entire crypto community, and although the impressions may differ —  the fact is that TRX is one of the most talked-about coins, even today.

However, while the project managed to achieve a lot in less than a year — launch its MainNet, start multiple massive projects, launch dozens of dApps, hundreds of smart contracts, its own DEX, new token, and more — its price remains quite low. Undoubtedly, one of the reasons for this is its massive supply. TRX circulating supply is over 66 billion coins, while the total supply is over 99 billion.

Even so, the coin is believed to be massively undervalued, with its current price sitting at $0.028129, according to TradingView. This price, together with a market cap of $1.88 billion, pushed the coin out of the list of top 10 largest cryptocurrencies, and it currently sits at 11th spot. But, many believe that this is not a permanent position for TRON. In fact, its community believes that it is only a matter of time before TRON rises through the ranks, and its price hits $1. And, the way for the coin to achieve this is believed to be through Binance.

TRON and Binance

Binance is one of the world’s…

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Why Tron (TRX) Price Won’t Remain Low for Long

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TRON (TRX) has been one of the most popular cryptocurrencies in recent years. The project has achieved a tremendous amount of success in less than a year, and while the first birthday of its MainNet is approaching, TRON certainly continues to impress to this day.

With that said, its price is still noticeably low, and many would agree that the project is heavily undervalued. The low price even allowed other projects to push it out of the top 10 list, with TRX currently being the 11th largest cryptocurrency by market cap. However, it is likely that TRON will not remain undervalued forever, and that its price might soon see a surge that its entire community has been waiting for, for a long time now.

Why TRX might see growth soon

As many undoubtedly know, TRON is a lot more than just a cryptocurrency. It has developed a massive ecosystem, which offers a development platform for coins, smart contracts, and dApps. It also acquired BitTorrent last year for its Project Atlas, which will allow torrent users to earn crypto through participation in content sharing.

For this purpose, it also launched BitTorrent (BTT) token, which saw its launch on January 28, 2019 on Binance Launchpad. This was dubbed the most successful ICO in history at the time, although several coins launched since then have broken its record.

In addition,…

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