Connect with us

Altcoins

TRON (TRX) Goes Global Thanks to CoinPayments

Published

on

TRON
READ LATER - DOWNLOAD THIS POST AS PDF

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.

For the latest cryptocurrency news, join our Telegram!

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 Pexels

Altcoins

CoinFlip Scores Big with BRD Wallet Partnership

Published

on

CoinFlip
READ LATER - DOWNLOAD THIS POST AS PDF

As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

Continue Reading

Altcoins

Can Libra help the crypto industry to reach new heights?

Published

on

Libra is motivated and determined to change the face of payment procedures across the globe and make the blockchain-based project the leaders of payments.
READ LATER - DOWNLOAD THIS POST AS PDF

The market for cryptocurrencies started with the launch of Bitcoin in 2009, and since then, so many cryptocurrencies have been launched that it gets hard to keep track of them. The crypto market has seen massive growth in the past 3-4 years as it started gaining attention from mass media, which helped in this boom.

From the past 2-3 years, several new cryptocurrency projects were launching in the market. Amid all this, the social media giant – Facebook announced the launch of their cryptocurrency platform, and this news got viral like wildfire. The announcement came forward in June, and the upcoming cryptocurrency is known as Libra, and it’ll come with its dedicated wallet called Calibra.

What is Libra?

Libra is a permissioned blockchain-based digital currency which is being developed under the supervision of Facebook’s vice president, David A. Marcus. The cryptocurrency is under development in partnership with an independent, non-profit member Libra Association. Facebook is the second member of the project, and these companies aim to use Facebook’s user base for the promotion of the digital currency when it is launched. The transactions and the cryptocurrency will be managed and cryptographically entrusted by the Libra Association.

Note: Libra Association was established by Facebook to look after the cryptocurrency and the transactions, and it was founded in Geneva, Switzerland.

The development of…

Continue Reading

Altcoins

Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

Published

on

collateralized debt position
READ LATER - DOWNLOAD THIS POST AS PDF

While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

Continue Reading

Elite