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TRON (TRX) Goes Global Thanks to CoinPayments

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TRON
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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

Top 3 Cryptos to Serve as an Alternative to Bitcoin

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cryptos
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The crypto market continues to struggle on its way of reaching mass adoption, with most people focusing on Bitcoin. However, Bitcoin still has its fair share of problems, a few of which are quite challenging, with no guarantee that they will ever be fully solved.

While Bitcoin is, and has been the largest cryptocurrency from the moment it was created, there is no guarantee that it will remain at the number one spot forever. While this is mostly what skeptics tend to say, it is still a possibility that cannot be ignored. With that in mind, here are top 3 cryptos that might serve as an alternative to Bitcoin in the future, or maybe even now, considering how high its fees are, and how long its waiting periods tend to be.

1. XRP

XRP has become known as a ‘remittance coin’ due to its goal of providing better, faster, and cheaper international transactions. It was created by a company called Ripple Labs, and so far, it has been one of the best ways for sending money cross-border. It works in combination with Ripple’s products such as xRapid, fueling it and allowing for near-instant transactions at low fees.

The company has decided to offer its products to banks around the world, and most of the financial institutions decided to accept the offer. This is their way of trying to…

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Altcoins

Why HODLing XRP, BAT, and EOS is a Smart Idea

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The crypto market continues to grow, even though the prices of its many coins were severely damaged during the so-called ‘crypto winter’ of 2018. Even so, the market has grown a lot, and it currently features over 2,100 digital currencies, all parts of their own projects, with a goal of making an impact and entering the mainstream.

Of course, it goes without saying that not a lot of these coins have real potential. Many of them came to be during the ICO craze of 2017 and early 2018 when investors were willing to buy just about any coin. As a result, new startups emerged, each offering its own cryptocurrency. Most of these coins are believed to be bad projects with no future, with only a matter of time before they are declared ‘dead.’

However, there are several coins out there which are worthy of investing in, as well as HODLing on to them. Three such coins that we will focus on today are XRP, Basic Attention Token (BAT), and EOS.

XRP

Let’s start with XRP. This is a coin created by a company called Ripple Labs. As a result, the coin has a strong connection to the company, which many have taken as proof that it is not a real cryptocurrency, that it is centralized, and that it will eventually fade away as a bad project.…

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Why XRP is Worth Much Less than What Fans Expect

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The crypto world is currently facing an uncertain situation as a result of XRP value. Many fans of the digital currency are arguing that the worth should be higher than what it now. A poll taken by Twitter this year showed that 80% of the participants want XRP to be higher than Ethereum. The participant preferred the digital currency to occupy the second largest position against what experts thought. Since XRP has not offered much to improve its reputation, the participant’s reaction was surprising indeed.

From what we have seen so far, one question to ask is, why does the cryptocurrency have many supporters? The simple answer is that Ripple focuses on offering remittance services to its fans more than other digital currency. The company offers many products of which one known as xRapid a cross-border payment service impress many supporters.

Why Fans expect an increase in value

Weiss Ratings did not hide the fact that their agency is not supporting Ripple. However, they admitted that the global payment platforms which the cryptocurrency created are commendable. This commendation proves that Ripple has been impactful in that area of blockchain tech application. Also, the players in the community have seen these achievements as well. Therefore, it is not a surprise that they expect an improvement in the market cap and price of XRP

Many people have raised arguments…

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