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Notable Exchanges Supporting Tron (TRX) Migration from 21st June

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Tron
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The Tron (TRX) Mainnet launch is less than two weeks away with the current counter on the Tron Website reading 10 days and a few hours. In preparation for the launch, the Tron Website can be seen as having gone through a major overhaul with a new prominent color scheme and easier to navigate the site. There is also the latest news with regards to the project at the bottom and also a tracker of the price of the token in the markets.

After the MainNet will be launched on the 31st of May, the migration of the token to the new Tron blockchain will occur from the 21st of June to the 25th of June. This process will be automatic for all tokens that would have been transferred by their owners to these exchanges by the 24th of the same month. If you miss this deadline, there is a yet-to-be-announced token exchange counter to exchange your tokens for the new TRX on the Mainnet.

So which exchanges and wallets are supporting the TRX Token migration?
  1. Bittrex, currently ranked 21st on coinmarketcap.com with a daily trade volume of $76.575 Million
  2. Bitfinex, currently ranked 4th on coinmarketcap.com with a daily trade volume of $356.9 Million
  3. Gate.io is currently ranked 15th on coinmarketcap.com with a daily trade volume of $95.582 Million
  4. Binance, a famous exchange founded in Shanghai but with intentions of moving to friendlier jurisdictions as Chinese Authorities continue cracking down on cryptocurrencies and crypto trading. Currently ranked 3rd and according to daily trade volume, the exchange is currently doing $1.09 Billion in daily trade
  5. Coinrail, a South Korean Exchange that is optimized for users and cares for user convenience and safety, aiming to provide user-oriented system & design
  6. Coinnest, one of the largest cryptocurrencies in South Korea and ranked 106th on coinmarketcap.com
  7. Zebpay, the first Indian Exchange to offer TRX/XRP trading pairs
  8. Bitpie Wallet, which provides easy functions such as built-in exchanges and instant trade
  9. Bixin, one of the largest blockchain wallets that support BTC, ETH, TRX and many more cryptocurrencies
  10. RightBTC, the first global cryptocurrency trading platform in Dubai, ranked 31st on Coinmarketcap

In conclusion, the token migration will start on the 21st of June with 10 noted options for crypto-traders and HODLers of TRX to utilize for the token migration. It seems like the MainNet launch and Token migration is in good hands with the current Tron Foundation team.

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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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Bitcoin crash
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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

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Altcoins

Top 3 Coins to Buy Before They Go Big

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coins
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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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