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TRON (TRX) Goes Global Thanks to CoinPayments

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TRON

TRON (TRX) still shows no signs of stopping on its way towards global adoption. The crypto has now partnered up with CoinPayments, which exposed it to over 2.2 million businesses and users in 182 countries.

CoinPayments lists TRON (TRX) as method of payment

According to CoinPayment’s recent Twitter announcement, the platform will now also offer TRON (TRX) as one of the official payment methods for any of the ecommerce platforms that they are partnered with. CoinPayment is already well-known for being the biggest (as well as the first) crypto payment processing platform on a global level. It is also believed to be the most comprehensive one. The platform supports over 600 cryptocurrencies, including Bitcoin (BTC).

That way, they allow their merchants to accept payments in the form of supported cryptos, and all that is required is for the merchants to use their payment processor. According to the platform, using it is as easy as using a regular plugin.

The platform’s goal is to become the leader in the crypto space, which is still in its infancy as of yet. They plan to do so by adjusting to the new conditions of the market, and by providing their unwavering support to Bitcoin, as well as its altcoins.

Now, the platform turned its gaze towards TRON, claiming that this coin, in particular, has a superior data release, advanced structure, simple ICO, and improved way of provisioning content. Not to mention the fact that TRON is among the biggest and most popular cryptos in the world. For all of these reasons, CoinPayment decided that TRX would make a great new addition to their platform.

TRON holders can now purchase good and services online

CoinPayment also stated that TRON’s MainNet launch and purchase of BitTorrent were an excellent start. So, why not start accumulating the TRX coins by accepting them as payment? This was their advice to store owners, which came as a follow-up on the statement of TRON’s integration in the platform.

Additionally, the platform mentioned that TRX can be used for buying various products and services, and even for funding various projects. After users pay for certain content with TRX, those coins will be sent directly to the content’s producers. After receiving the coin, the content producers can do with them as they please, including their conversion to another currency, or even exchanging them to fiat.

CoinPayment even left a post on their blog, mentioning that several marketplaces are already using TRX as a form of payment. Those include online and offline marketplaces alike. Accepting TRX now, while its adoption is still in the early stages, will certainly help all those who wish to see this coin create an even bigger and even more vibrant community.

While TRON is already well-known for its large and supportive community, expanding it further certainly won’t hurt the crypto. And, speaking of the community, their response to the new development has also been overwhelmingly positive, with many of them commenting about how great a move this is.

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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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3 Reasons Why WISE Token Could Be a Massive Winner in 2021

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WISE token

After working in proprietary trading for over a decade, I decided to transition to crypto in early 2017.  Although crypto is significantly different from traditional capital markets, I managed to successfully find a niche for successful and opportunistic trading.  While 2017 was the perfect time to get involved, the past few years have proven to be a bit more challenging as far as generating ROI.

Cryptocurrency traders have spent the past several years searching far and wide for the next big winner.  While the market as a whole hasn’t been very bull friendly, one specific area that appears to be gaining traction is decentralized finance, more commonly known as DeFi.  This area generally refers to the digital assets and financial smart contracts, protocols, and decentralized applications (DApps) built on Ethereum.  The reason why so many crypto entrepreneurs are flocking to this space is that it allows them to create traditional financial vehicles in a decentralized network, outside the meddlesome control of foreign governments.

One extremely popular DeFi project is Chainlink (LINK) which is a decentralized oracle network that provides real-world data to smart contracts on the blockchain.  Chainlink has seen its token price increase by more than 300% year-to-date.    Another impressive project in the space is Kyber Network (KNC) which has seen its token soar from $0.20 at the start of the year to more than $1.60 at present.  Kyber Network’s on-chain liquidity protocol allows decentralized tokens swaps to be…

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Lotto Nation is Revolutionizing the Traditional Lottery Industry

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Lotto Nation

As the global economy continues to deal with the economic fallout due to the ongoing pandemic, companies are coming to terms with the fact that normalcy may not return for quite a while.  Many economists are wondering how the business landscape will look a year or more from now.  It’s certainly possible that many businesses, such as retailers and restaurants, may be unable to survive the current downturn.  But while some businesses will falter, others will emerge stronger than ever.

Traditionally, when economies go through a severe downturn, companies adapt.  Those that maintain the status quo usually have great difficulty while those that adapt prosper and conquer.  One possible example of this is Lotto Nation.  Thanks to the entrepreneurial skills of Nils Thomson, the Founder and CEO of Lotto Nation, the company is attempting to completely modernize the traditional lottery industry.

Current Lottery Model is Severely Outdated

It’s safe to say that nearly every human that has ever walked the earth has fantasized about winning the massive jackpot that would completely change their life.  These dreams have turned the global lottery industry into a $302 billion market that is expected to reach $380 billion by 2025.  Despite this predicted growth, the industry suffers from a variety of problems that are preventing it from really exploding.

Perhaps the biggest problem is that traditional lotteries are centralized.  Because of this, there is essentially no oversight on what a lottery provider…

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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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