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Changelly Makes Accessing TRON (TRX) Much Easier

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Tron
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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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Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Altcoins

Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Blogs

Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

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crypto credit cards
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It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

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