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TRON (TRX) Goes Global Thanks to CoinPayments

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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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Altcoins

3 Altcoins That Are Outperforming Bitcoin and Will Likely Face Consequences

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The crypto market is going through a period of massive recovery in the past few months, which has caused the investors’ optimism to return. While all eyes are on Bitcoin (BTC), as usual, the largest coin seems to be struggling with a major resistance level at $8,000 at the moment. While this level was breached a few times now, every breach resulted in a correction.

At the time of writing, BTC is approaching this level yet again, with its current price being at $7,985,79, and rising further. The price managed to grow by 1.06% in the last 24 hours, and will undoubtedly hit $8,000 in a matter of hours, if not sooner.

However, while Bitcoin continues to remain volatile and struggles with waves of growth and decline, there are some altcoins that are not following its path. Of course, most of them are performing in pretty much the same manner as BTC, as they always had. But, a few coins have actually managed to outperform Bitcoin in recent months.

While optimists believe that this might lead to decoupling from Bitcoin — something that only Binance Coin (BNB) managed to pull off up to this point — it is likely that there will be consequences for these cryptos. This likely means that a price drop for these specific coins awaits somewhere in the near future, as outperforming BTC…

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Altcoins

Why Binance May Be Crucial for Tron (Trx) to Reach $1

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TRON (TRX) has been one of the most popular crypto projects in the past year. The coin has received a lot of attention from the entire crypto community, and although the impressions may differ —  the fact is that TRX is one of the most talked-about coins, even today.

However, while the project managed to achieve a lot in less than a year — launch its MainNet, start multiple massive projects, launch dozens of dApps, hundreds of smart contracts, its own DEX, new token, and more — its price remains quite low. Undoubtedly, one of the reasons for this is its massive supply. TRX circulating supply is over 66 billion coins, while the total supply is over 99 billion.

Even so, the coin is believed to be massively undervalued, with its current price sitting at $0.028129, according to TradingView. This price, together with a market cap of $1.88 billion, pushed the coin out of the list of top 10 largest cryptocurrencies, and it currently sits at 11th spot. But, many believe that this is not a permanent position for TRON. In fact, its community believes that it is only a matter of time before TRON rises through the ranks, and its price hits $1. And, the way for the coin to achieve this is believed to be through Binance.

TRON and Binance

Binance is one of the world’s…

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Altcoins

Why Tron (TRX) Price Won’t Remain Low for Long

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TRON (TRX) has been one of the most popular cryptocurrencies in recent years. The project has achieved a tremendous amount of success in less than a year, and while the first birthday of its MainNet is approaching, TRON certainly continues to impress to this day.

With that said, its price is still noticeably low, and many would agree that the project is heavily undervalued. The low price even allowed other projects to push it out of the top 10 list, with TRX currently being the 11th largest cryptocurrency by market cap. However, it is likely that TRON will not remain undervalued forever, and that its price might soon see a surge that its entire community has been waiting for, for a long time now.

Why TRX might see growth soon

As many undoubtedly know, TRON is a lot more than just a cryptocurrency. It has developed a massive ecosystem, which offers a development platform for coins, smart contracts, and dApps. It also acquired BitTorrent last year for its Project Atlas, which will allow torrent users to earn crypto through participation in content sharing.

For this purpose, it also launched BitTorrent (BTT) token, which saw its launch on January 28, 2019 on Binance Launchpad. This was dubbed the most successful ICO in history at the time, although several coins launched since then have broken its record.

In addition,…

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