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

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Tron

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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Altcoins

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

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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.

NFTs are already being actively traded in markets globally. For…

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Altcoins

Should Crypto Projects Devote Resources to Community Growth and Marketing?

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2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for.  While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory.  When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion.  But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.

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.

Cryptocurrency vs. Blockchain Technology

It’s important to make a distinction between blockchain technology and cryptocurrency.  Although they are often used interchangeably, they are different.  Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…

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Altcoins

XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata

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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.

He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”

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 been…

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