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Indonesia Exchange Indodax Partners Up with TRON (TRX)
TRON (TRX) continues to progress, and its latest partnership includes Indonesia’s largest crypto exchange – Indodax. This will help TRON expand even more, while the exchange is expecting more users to join up, now that they are offering yet another crypto.
TRON enters yet another partnership
Despite the fact that TRON (TRX) has just launched its MainNet, this crypto still doesn’t show any signs of stopping. Instead, it continues on its way to conquer the crypto world, and its newest development includes a partnership with Indonesia’s largest crypto exchange, Indodax.
TRON has had several large expansions recently, the biggest ones being the expansion to Malta’s market, as well as its enlistment in Binance. Now, Indonesia also decided to open up to this crypto, which will help spread TRON’s influence in Asia. Starting today, June 4, the official TRX/rupiah pair will become the new trading possibility.
Indodax is an exchange that has been around for a while, now. It was created back in 2013, and until March of this year, it was called Bitcoin Indonesia. The exchange is currently processing over $20 million in various available cryptos per day, and with the addition of TRON, this amount may soon become even bigger. The exchange numbers around 1.14 million users, and according to estimations, over 3,000 new users are choosing to join in on daily basis.
The trading activities are expected to start tomorrow, June 5, and the exchange cannot be more excited to welcome TRON under its fold. Until now, Indodax was only offering a select few cryptos, including Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). Its only trading pair so far was Bitcoin and Rupiah. According to the CoinMarketCap, the exchange’s total market cap right now is at around $23.4 billion, and the platform’s top cryptos are Storiqa, Bitcoin, and Tokenomy.
TRON’s team shares the excitement
The excitement about the enlistment of TRON is also shared by its founder, Justin Sun, which can be seen in the great number of tweets dedicated to this expansion.
#TRON $TRX #TRX will be available to trade with $Rupiah at @IndodaxOfficial, deposit starts from June 4th 2018 at 8:00 WIB, trading starts from June 5th 2018 at 15:00 WIB.???? pic.twitter.com/YXdHZsB8mo
— Justin Sun???? (@justinsuntron) June 3, 2018
So far, TRX has become a part of 98 exchanges across the globe, and Indodax is only the latest one to accept it. Still, it will not be the last one, and Sun has also mentioned this on his Twitter account, where he hinted at many more partnerships that this crypto is planning to enter in the future.
The enlistment of TRON is seen as a very positive development for Indonesia, especially since the Bank of Indonesia’s Governor, Agus Martowardojo, announced a total ban on all cryptos back in December 2017. The legislation which was enforced at the time prohibits the use of cryptos as a payment option. However, the legislation does not include activities like crypto mining or trading, which still allows exchanges of this country to continue functioning as usual.
As for TRON, its current price is at $0.059, and it remains the top trading coin in exchanges like Binance, Upbit, and Bithumb. A lot of TRX supporters have also noticed the slight increase in its price recently, as well as the market turning green, which brings high hopes for this, as well as various other cryptos.
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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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Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //
Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.
Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.
The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.
NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more. One of the ways to have a successful…
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I mention both of the above projects as they have each taken slightly different paths to achieve greatness. Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion. Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special. Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.
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XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata
Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //
The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.
As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021.
“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.
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Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”
Mr. Yamagata has…
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