The Tron Foundation and project is constantly making strides in terms of continual listings of TRX on crypto exchanges and also with sealing partnerships across the globe. The most recent one, between the Tron Foundation and Shift Markets, will make TRX accessible to the vast Forex (FX) markets facilitated by SHIFT. TRX will, in turn, be offered on nine brokers in nine different countries. The first broker to list TRX will be a UK regulated firm followed by J.M Financial based in India.
It was during this announcement by SHIFT on businesswire.com, that something unique was noted with respect to the profile of Justin Sun that was shared together with the news. In the brief introduction of Justin Sun, Businesswire.com mentioned that Justin Sun was the former Chief Representative of Ripple. investigating further on LinkedIn yields similar results when Justin’s profile is search.
From the years of 2013 to 2016 and before he started Tron, Justin was the Chief Representative and Adviser of Ripple Labs – as it was known then- in the Greater China area. He also served as Ripple Lab’s Special Representative and Adviser since 2014.
After reading and confirming the above, it is safe to say that any FUD against Justin Sun has been purely ill-intentioned. If his background at Ripple does not scream legitimacy of his ability to lead TRON to higher heights, then the only other thing is his graduation as the first Millenial Graduate at the Jack Ma co-founded Hupan University.
Long story short, Justin Sun is the right man for the job. Extra evidence of this can be seen by his active involvement in the Tron project. One needs only log in to Twitter and follow him to realize how much information he passes on to his followers in 24 hours. Justin has an impressive 455,000 twitter followers.
The Tron project is currently preparing for the token migration that starts on the 21st and ends on the 24th of June. The Genesis block will then be launched on the 25th of June that has also been declared as Tron’s Independence Day by Justin Sun. It seems like the Tron MainNet is on course to decentralizing the internet as envisioned by Justin and the Tron Foundation.
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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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Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors
When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat. These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor. But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.
Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace. The real benefit to trading in these offices is to participate in the free flow of trading ideas and information. Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed. Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?
While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.
Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors. The goal of the platform is to help newcomers shorten their learning curve,…
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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.
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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.
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