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Here Is How Ledger Nano S Supporting Tron will send TRX to The Moon

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Tron

The popularity of the Pirate genre of movies is accompanied by myths of hidden treasures stashed away in islands around the globe. There is even a bunch of guys who dive at various sites in the ocean believing that there is a sunken pirate ship or even a military ship from Spain with a lot of gold from El Dorado. The thing is, whenever someone, or a country, knows they are in possession of some valuable treasure, they hide it. The same can be applied to the owners of the Tron (TRX) cryptocurrency. They know they are in possession of a gem that will probably even earn them 100,000% in gains in 5 to 10 years if all goes according to plan with the Tron project. Therefore, they want to hide their TRX in a safe place.

So how do you keep your Tron (TRX) coins safe and away from hackers that like targeting crypto exchanges and online wallets?

You get a hardware wallet that will store your TRX offline in a digital vault. This is where the Ledger Nano S comes into play. The hardware wallet has been the choice of many since last December during the Crypto bull run. Even the manufacturer could not keep up with demand for the device. They even ran out of the Ledger Nano S devices back in January. Getting one now is also proving to be difficult because the little gadget that stores your huge treasure, is what everyone is looking for.

Now, the same device now supports our favorite coin of Tron (TRX). Yes. TRX is now a coin ever since the Genesis block was launched on the 25th of June and the token migration having been concluded in most of our favorite exchanges. This has even led many to predict that buying TRX now, would be like buying Apple and Amazon stock in the 90s.

The act of TRX holders stashing their Tron coins in cold storage in the Ledger Nano S will reduce the supply in crypto exchanges. When supply reduces and demand stays the same, the price of the digital asset has nowhere to go other than up. There is also the added benefit that a HODLer of TRX will think twice before selling their TRX that is in a hardware wallet. There is the procedure of logging into your device and then logging into your Tronscan Desktop client. This sort of long procedure will dissuade many from selling their TRX in the Ledger Nano S.

Another thing is that, those already with the hardware device and were not TRX holders because they had nowhere to store their digital assets, can now buy TRX and store on the Ledger Nano S. Crypto security is the number one reason many crypto-enthusiasts prefer the traditional big 5 assets of BTC, ETH, LTC, XRP, and ETC. These 5 assets are supported by numerous hardware wallets. Now TRX can join the list of ‘safe’ digital assets.

In conclusion, the new option of storing TRX in a Ledger Nano S will further encourage Tron fans to remove their TRX from exchanges and into the device further decreasing the circulating supply hence increasing the value of the digital asset. There is also the added fact of TRX joining the list of coins now supported by the hardware wallet making it possible for more crypto-enthusiasts to buy and store the coin safely in the device. This too will contribute to the dynamics of increasing the price of the digital asset all the way To The Moon!

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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

Chainwire Launches Blockchain-Focused Automated Press Release Distribution Service

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TEL AVIV, Israel, 13th October, 2020, // ChainWire //

MarketAcross, a world leader in blockchain public relations and marketing services, is pleased to announce the launch of Chainwire, an automated press release distribution service which provides guaranteed coverage and in-depth reports. Chainwire will be a one-stop-shop for the distribution of press releases in the cryptocurrency and blockchain sector. The launch marks the first time that advertisers can reach leading publications in the crypto media with the click of a button. 

While most industries have some kind of PR newswire service, the cryptocurrency sector has become a victim of its own rapid pace of growth over recent years. Since the ICO boom of 2017, there has been a proliferation of blockchain and crypto-focused projects, exchanges, investment firms, and marketing agencies, along with niche news and informational content sites. 

However, the infrastructure to connect this complex ecosystem has been slow to come up to speed, meaning that existing newswire services don’t reach their target audience. It’s estimated that one in five people own cryptocurrencies, so there is currently a significant missed opportunity to reach a massive global readership. 

As a newswire service dedicated to the crypto and blockchain space, Chainwire aims to address this gap. Press releases are distributed to leading publications, offering guaranteed coverage to reach audiences worldwide. The system is integrated with publishers and blogs, enabling accurate reporting via a user-friendly dashboard. It also…

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How Can Foreigners Get Loans in Singapore

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loans for foreigners in Singapore

Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also houses many International students attending many esteemed Singaporean Universities.  

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Altcoins

Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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Aluna.Social

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.

Mission Statement

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, unlock their full potential, and improve trading performance.  Cryptocurrency trading can…

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