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Exchanges Supporting TRON (TRX) Divided

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Exchanges that are providing support for TRON (TRX) are currently being divided into three categories. Additionally, the entire crypto community awaits the launch of TRON Virtual Machine and the following announcement of what the secret project is really about.

TRON-supporting exchanges in three categories

TRON (TRX) and its founder, Justin Sun, have certainly made a lot of headlines recently. The last two months, in particular, were extremely busy for this crypto, as well as for its creator. Under Sun’s leadership, TRON has entered dozens of partnerships, it managed to launch its MainNet, start a token migration, go through the token burn, buy BitTorrent, and those are only the biggest events surrounding the coin.

Now, the next big thing that TRX community is waiting is the announcement of TRON Virtual Machine Launch. The launch of TVM is expected for another reason, for this will also be marked by unveiling the secret project that Sun has been working on. This is something that the community has been talking about for weeks now, with no new information being provided.

Now, the TVM launch is finally here, and Sun has provided a list of crypto exchanges that continue to support TRX. The list is divided into three individual categories. The first category includes the exchanges that are supporting the migration of TRON coins permanently. This includes Gate.io, Binance, and Max.

The second category includes those exchanges that have continued the withdrawal and deposit of the coin. This is a longer list, and it includes Bitfinex, Bitbns, HitBTC, Houbi, Upbit OKEx, Changelly, WaziX, Coinnest, Zebpay, Cryptopia, Koinex, IDAX, Bibr, Bit-Z, Bitforex, Bittrex, Bitpie, Bjex, Cobo, Ceo, CoinEgg, Coinfalcon. Next, there are DragonEX and Freewallet, followed by Godex, Livecoin, as well as Liqui. In the end, there are OKCOIN, Ovis, OTCBTC, Quoine, RIGHTBTC, and finally, Simpleswap, and Tokenomy.

Finally, there is the third category, and this one includes the exchanges that still haven’t completed the token migration. These include 9coin exchange, 58coin, Coinhood, Bithumb, Coinneal, CEO, CoinTiger, CoolCoin, Dbank, EXMO, Koinok, Lbank, Lomostar, OpenLedger, OEX, Stock Exchange, HPX, Bitkop, BiBox, Bi, Bisale, Bitopro, BitFlip, Bixin, CEX.Com, Cashierest, Coinbene, CoinEx, CoinDelta, Coin Exchange, Coinoah, Coinnice, Fatbtc, Idcm.io, Qryptos, Mercatox, Rfinex, Tidex, and Sistemkoin.

Secret project about to be unveiled

As the launch of the TVM approaches, it would seem that a large part of the TRX community is equally as excited in the secret project announcement, if not more. This is the event that everyone has been expecting ever since the MainNet was launched, and Sun’s statement that the secret project is expected to bring 100 million active TRON users to the platform has had everyone hyped for months.

Additionally, Sun also said that the secret project might be even more significant than the MainNet launch itself. This has left a large impact, and the community came up with all kinds of theories and guesses. Some believe that TRON will announce a new partnership with Alibaba, while others believe that it has something to do with BitTorrent. Whatever the case may be, there is not much time left now, and everything will be known soon.

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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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Altcoins

KaratGold Proves Its Business Model By Providing Official Documents

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There has been a lot of renewed enthusiasm in the cryptocurrency market thanks mainly to Bitcoin’s strong move about 10,000.  Although Bitcoin continues to show its dominance, the altcoin market has yet to benefit from that rally.  A few of the largest altcoins remain popular but the rest of the market continues to lag behind.  In 2018, there was a lot of talk regarding a possible altcoin apocalypse where only the strong would survive.  That prediction appears to be playing out as expected.  Going forward, only the best projects that have a real world need will survive.  Crypto traders will have to spend a lot of their time doing proper research in order to find the best opportunities, just like in all financial markets.  One promising project that appears to have the makings of a future winner is KaratGold Coin.

KaratGold Background

KaratGold Coin is a cryptocurrency developed by the reputable German company Karatbars International, which maintains a leading position in the market of small gold items and investments. The project is part of a larger ecosystem, which involves several blockchain solutions that can be used for transactions, communication, investing and other tasks. During the past few weeks, however, the KaratGold ecosystem has been a target of unsavory scam allegations.  

Karatbars International and GSB Gold Standard Banking Corporation…

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Altcoins

ICTE May Bring About Sweeping Changes for Cryptocurrency Exchanges

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Cryptocurrency has taken the world by storm during the last few years. An entirely new financial market was created almost overnight which has captured the imagination of all its participants. Cryptocurrency is even starting to attract institutional money from investment banks, hedge funds, and other proprietary trading firms. Despite the rapid growth, traders remain extremely frustrated by having to deal with the fragmented nature of centralized crypto exchanges.

A Change is Needed

When cryptocurrency first began, there weren’t many participants and the trading volume was relatively insignificant. But, over time, that has radically changed. Some tokens now have a capitalization in the billions and are being traded 24-7 by institutions all over the world. Despite the volume, significant problems exist with the current way that exchanges work. Some of those problems include the following:

  • Constant fear of hackers
  • Exchange manipulation
  • Fragmented liquidity
  • Risk of identity theft

One of the biggest issues regarding centralized exchanges is the risk of being hacked. These hack stories seem to always be circulating around the internet. While experienced traders may have the tools to avoid becoming a victim, potential new traders have zero interest in dealing with this. And it’s not just the small exchanges that are at risk. Even large exchanges, such as Mt. Gox and Binance, are subject to being hacked.

Another huge risk is having to deal with…

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Altcoins

SonicX and Dash Could Challenge Facebook’s Libra for Global Payments Market Share

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SonicX
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When Satoshi Nakamoto unveiled Bitcoin to the world, the dream was always for Bitcoin to serve as a new universal currency.  It would be free from the bureaucracy of governments.  And free from the tyranny of the old-world financial cartels.  Although the dream hasn’t yet materialized, it comes closer and closer with each passing day.

One of the biggest roadblocks for Bitcoin has been scalability.  At a speed of approximately 7 transactions per second, Bitcoin lags behind other cryptocurrencies like Ripple and global payment processors like Visa.  Many expect the lightning network to have a positive impact on Bitcoin’s TPS but until that comes to fruition, mass adoption will likely need another significant development.

Libra Currency Announcement

One development that could help pave the way toward mass adoption is the launch of the Libra currency.  Libra is expected to go live during the first half of 2020 according to Facebook’s June announcement.  According to Facebook, Libra will make sending money online cheaper and faster.  It will also have a hand in improving access to financial services, especially for the unbanked.  Given Facebook’s global reach, including many third world countries, providing financial access to the unbanked could provide a huge spark to global economies.  Additionally, it could provide the growth spark that cryptocurrency needs.

Facebook’s most popular messenger, WhatsApp, has approximately 1.5 billion monthly users.  This application is…

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