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Tik Tok! Countdown To Tron (TRX) Independence Day and More Exchanges Supporting Token Migration

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Tron
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There is something about countdowns that keeps people on the edge of their seats. It can be compared to the 100-meter dash at the Olympics and all the fans want to see, is the competition towards the finish line. In the case of Tron (TRX), the finish line is the launch of the Genesis block of the MainNet on the 25th of June. The closest competitors of the Tron Project are currently Ethereum, EOS, IOST, and Zilliqa. There are also other excellent projects out there, making the next 6 months of this year, one of the most exciting in the history of cryptocurrencies and blockchain technology.

Back to the countdown! Are you ready?

The current countdown on the Tron Website currently reads that we have close to 10 days left till the TRON Independence Day. Global Coin Report had provided an unofficial checklist for you to peruse through and use as a guide towards the next few days leading up to the Independence Day.

The token swap will start from the 21st of June and end on the 24th. Token HODLers are advised to transfer their tokens to the following exchanges for automatic token swap.

  1. Bitbns
  2. Bit-Z
  3. Bibox
  4. Binance
  5. LBANK
  6. Bitfinex
  7. BitoPro
  8. BitForex
  9. Bithumb
  10. BitKop
  11. Bittrex
  12. Bixin
  13. Bitpie
  14. Coinegg
  15. CoinFalcon
  16. Liqui
  17. Coinnest
  18. Coinrail
  19. Cointiger
  20. DragonEX
  21. Gate.io
  22. Huobi
  23. OEX.com
  24. OKEX
  25. OTCBTC
  26. RightBTC
  27. UpBit
  28. Zebpay
  29. WazirX
  30. HitBTC

This list has grown since the last time Global Coin Report first provided its readers with a list of exchanges supporting the token migration. Numerous readers have been asking for an update and we have decided to do just that.

This is not the final list as there might be a few more exchanges that will announce to support the migration before the 21st. Therefore we shall be on the lookout for any additional information about other exchanges supporting the token swap.

Also to note is that Binance will be supporting Permanent token migration even after the 24th of June. 

Current market analysis indicates that TRX is showing some welcome upward movement with a 4.63% increment in the last 24 hours and at the moment of writing this. The token is currently trading at $0.043 as we inch closer to the TRON Independence Day on the 25th of this month.

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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

KaratGold Proves Its Business Model By Providing Official Documents

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There has been a lot of renewed enthusiasm in the cryptocurrency market thanks mainly to Bitcoin’s strong move about 10,000.  Although Bitcoin continues to show its dominance, the altcoin market has yet to benefit from that rally.  A few of the largest altcoins remain popular but the rest of the market continues to lag behind.  In 2018, there was a lot of talk regarding a possible altcoin apocalypse where only the strong would survive.  That prediction appears to be playing out as expected.  Going forward, only the best projects that have a real world need will survive.  Crypto traders will have to spend a lot of their time doing proper research in order to find the best opportunities, just like in all financial markets.  One promising project that appears to have the makings of a future winner is KaratGold Coin.

KaratGold Background

KaratGold Coin is a cryptocurrency developed by the reputable German company Karatbars International, which maintains a leading position in the market of small gold items and investments. The project is part of a larger ecosystem, which involves several blockchain solutions that can be used for transactions, communication, investing and other tasks. During the past few weeks, however, the KaratGold ecosystem has been a target of unsavory scam allegations.  

Karatbars International and GSB Gold Standard Banking Corporation…

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Altcoins

ICTE May Bring About Sweeping Changes for Cryptocurrency Exchanges

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Cryptocurrency has taken the world by storm during the last few years. An entirely new financial market was created almost overnight which has captured the imagination of all its participants. Cryptocurrency is even starting to attract institutional money from investment banks, hedge funds, and other proprietary trading firms. Despite the rapid growth, traders remain extremely frustrated by having to deal with the fragmented nature of centralized crypto exchanges.

A Change is Needed

When cryptocurrency first began, there weren’t many participants and the trading volume was relatively insignificant. But, over time, that has radically changed. Some tokens now have a capitalization in the billions and are being traded 24-7 by institutions all over the world. Despite the volume, significant problems exist with the current way that exchanges work. Some of those problems include the following:

  • Constant fear of hackers
  • Exchange manipulation
  • Fragmented liquidity
  • Risk of identity theft

One of the biggest issues regarding centralized exchanges is the risk of being hacked. These hack stories seem to always be circulating around the internet. While experienced traders may have the tools to avoid becoming a victim, potential new traders have zero interest in dealing with this. And it’s not just the small exchanges that are at risk. Even large exchanges, such as Mt. Gox and Binance, are subject to being hacked.

Another huge risk is having to deal with…

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Altcoins

SonicX and Dash Could Challenge Facebook’s Libra for Global Payments Market Share

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SonicX
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When Satoshi Nakamoto unveiled Bitcoin to the world, the dream was always for Bitcoin to serve as a new universal currency.  It would be free from the bureaucracy of governments.  And free from the tyranny of the old-world financial cartels.  Although the dream hasn’t yet materialized, it comes closer and closer with each passing day.

One of the biggest roadblocks for Bitcoin has been scalability.  At a speed of approximately 7 transactions per second, Bitcoin lags behind other cryptocurrencies like Ripple and global payment processors like Visa.  Many expect the lightning network to have a positive impact on Bitcoin’s TPS but until that comes to fruition, mass adoption will likely need another significant development.

Libra Currency Announcement

One development that could help pave the way toward mass adoption is the launch of the Libra currency.  Libra is expected to go live during the first half of 2020 according to Facebook’s June announcement.  According to Facebook, Libra will make sending money online cheaper and faster.  It will also have a hand in improving access to financial services, especially for the unbanked.  Given Facebook’s global reach, including many third world countries, providing financial access to the unbanked could provide a huge spark to global economies.  Additionally, it could provide the growth spark that cryptocurrency needs.

Facebook’s most popular messenger, WhatsApp, has approximately 1.5 billion monthly users.  This application is…

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