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Tron (TRX) elects a new super representative, TronSociety

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There have been so many candidates on Tron (TRX)’s network vouching for the post of Super Representative, but not all get selected. In a bid to get the right ones, Tron encourages its community to vote for Super Representatives that will be beneficial to its ecosystem and get free TRX in return. So far, lots of Tron users have been voting and lately; as a result, a new Super Representative got added to Tron’s network today, dubbed as TronSociety.

Super Representatives help to add more value to Tron’s ecosystem and the elected ones are doing just that. TronSociety is one of the new Super Representatives and is led by Marius Gill. It is a community of young people interested in the growth of Tron’s network.

TronSociety is a fast growing community that formerly had 260 members, but at the moment, it has more than 700 members in the group. After getting elected, the society tweeted on its official Twitter page:

TronSociety had a good number of votes (more than 90 million votes) tipping it to be a Super Representative of Tron. Voters have elected TronSociety to be a Super Representative not because of the rewards they will get in return, but for the value the society will add to Sun-led blockchain’s ecosystem. Also, the Tron Society stated during an interview:

“While we are working on developing new projects, interacting and working with the community is the most important thing for us.”

TronSociety 101

Marius Gill founded Tronsociety at the age of thirteen. He took part in the Tron Wallet Project and won the competition. Tron has had the quest to develop its network and talented people like Marius Gill have been added to boost its ecosystem. Interesting, the Tron Wallet by Gill is a multi-functional wallet that does not make use of Tronscan API to perform.

However, that has made the wallet very functional and without any issue so far; this wallet has captured a decent number of downloads on Google Play store. Also, Tron Foundation has really been fascinated by Gill’s project and has given him a loan of USD 100,000 to develop the iOS version of the wallet. After getting aid from the blockchain firm, Gill open-sourced the developmental stages of the Dapp and said,

The chance of getting an award is less important to me than getting involved and sharing vital moments with peers in the Tron community so that I get more time for test and optimization. To get it better. That’s more reason why I made an open-source earlier on.”

Incentive to voters

After being elected as one of Tron’s Super Representatives, the newly-elected Tron Society has stated that it will give regular rewards in the first month of being a Super Representative. TronSociety tweeted:

“[…] go to our website to check the approximate reward, but we can’t promise the exact amount: www.tron-society.com.” 

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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.

Image courtesy of Pixabay

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Revealed: The Mental Skills Required to Be a Successful Trader

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The world of financial trading, be it investing in cryptocurrencies on the market or trading stocks, can be an unforgiving one. Only the very best are able to rise to the top and turn their trading regimen into a seven-figure income, meaning that total dedication to your craft is a prerequisite. Ask any successful trader, and they’ll tell you that having the right mindset is the key to success.

A clear mind with laser-sharp focus and serious endurance will be able to see the bigger picture, spot the most profitable trades, keep track of the market, reduce risk, and compete with the best of the Wall Street pros. In many ways, successful trading is a lot like being a successful poker player.

You need to be able to play the long game, make the most of your luck, and know exactly when to strike to become a high roller. All of these require a strong arsenal of mental skills. Here are the mental skills you need to build in order to become a successful trader.

Source: Pixabay 

Caption: Successful trading in the financial market requires mental strength, resilience, and endurance. 

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Why is Crypto Futures Trading So Easy Today?

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-One-on-one interview with CEO of BEX500

Bitcoin futures trading is the most efficient way to engage yourself in bitcoin market without having to acknowledge the ownership and storage responsibilities.

Some users say, crypto futures trading has never been easier with BEX500 exchange.

Can we trust BEX500 with our bitcoin? Today, we invited Anna Myshustina (Anna), CEO of BEX500 to dig more into that.

Q: hey, Anna, thank you for joining us. You were a successful trader in futures and options, what motivated your innovation in crypto industry?

Anna: My pleasure. I have been in derivatives for 8 years. As a trader, I found many crypto futures exchanges too complicated for beginners, but not efficient for the experienced.

So, we’d like to make a change. We are the first crypto exchange to introduce [ONE Account for Live & Demo]. You can login https://www.bex500.com and register for once and for all, and it will be for both live & demo trading.

While, traders in other competitors are still forced to login live and demo with 2 different accounts in 2 addresses for “live” and “testnet”.

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Cryptocurrency, Online Gambling, and Regulation: One of the Three Can’t Stay

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To say that cryptocurrency is disrupting the world of technology and finance is an understatement. Ever since they arrived on the scene in 2009, they’ve been geared toward forever changing the fintech landscape for good.

One of the main reasons the technology proved to be so revolutionary was blockchain — the backbone of most cryptocurrencies. Blockchain is the digital ledger that provides full transparency and immutability of data, all the while eschewing any kind of third-party authority meddling. These attributes can lend themselves quite handily in a whole series of industries.

But increasing regulation of cryptocurrency may lead to it no longer proving useful to particular niches. One of these endangered industries is online gambling, which could suffer tremendously from heavily regulated cryptos.

How Cryptocurrency Helps Online Gambling

Online gambling happens to be one of many that would (and does) benefit from integrating cryptocurrency. Gambling happens to be illegal in many countries, and the people there cannot access online gambling either, even though it specifically remains unaddressed by most legislation. They had no channels with which to finance casinos they wish to play in, seeing that banks or other financial services don’t want to interfere when there’s a chance of legal repercussions.

But cryptocurrency enabled casinos to accept players that had no alternative with which to engage…

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