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Tron (TRX) joins forces with first decentralized hybrid exchange JOYSO

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The world’s first decentralized hybrid exchange JOYSO has now incorporated Tron network leading to a decentralized blockchain setting that is more maintainable.

Undoubtedly, it is good news as far as the world of digital currency is concerned. Tron is going to collaborate with JOYSON to bring about a more maintainable decentralized hybrid exchange in the market.

JOYSO has been ranked 11th in the development of decentralized Hybrid exchange hence there is some great hope for Tron (TRX). The news brings some anticipation for the Tron users as it recently has been seen dropping consistently in its price index during 2018.

The collaboration will bring about a set up for entirely all decentralized applications also known as (dApps) on Tron platform for increasing the sustainability of the blockchain in the market.

JOYSO is founded by Tom Soong who is a hybrid decentralized exchange system for digital currency having the benefit of reducing the risk involved in the hacking of the system.

The system also offers the most cost-effective platform to its users. The platform was recently launched in May 2018. To enable one understands how it works JOYSO gives on Chain payments and off Chain matching for trade exchanges at the snap of the hand.

Besides maintaining the decentralized trade exchange platform, it also has a plus in the implementation of the enhancement of technology in blockchain engineering to meet the expectations of the clients hence more effective and efficient system.

That is due to the implementation of a suitable architecture that significantly decreases gas fee in the process of trade. Additionally, apart from enabling the free listing of any ERC20 tokens, it is also more secure and allows the users to have their accounts with no registration providing anonymity while enabling them trade in the market. These benefits of new Tron partner altogether, in turn, give users a 50% discount in the processing fee and creation of value in the digital currency environment.

Earlier on JOYSON implemented and accomplished the eagerly awaited NAS- JOYSON which is a decentralized exchange platform on the Nebulus chain line. With the recent partnership with Tron (TRX), JOYSON will be implementing the system under off chain matching and on chain payment where the users of the system will have the opportunity to exchange the tokens directly using their digital wallets.

On the other hand, Tron blockchain system has given its users the perfect platform for token issuers creating affordability to the clients and user-friendly operation. This implementation will, in turn, attract more users to the Tron market and will enhance its drifting decline in the token demand. JASON CTO Will Hsieh says,

“With all the technological capability and the known name for being the best in this sector, JOYSON can enable a simple, safe and efficient solution for the trade of crypto on a variety of blockchain hence creating a more maintainable infrastructure”

Also, just yesterday, Tron elected another Super Representative after more than 90 million votes in favor of new SR. The cryptocurrency has also been talked about more than anyone else on social media, even Bitcoin.

With many significant developments in the market, we are yet to see Tron rejoicing over the hard work done by its members to make the partnership happen and be implemented. This significant move could make the Tron token ecosystem value to increase substantially even though alongside other cryptocurrencies TRX holds a known continuous pattern of decrease in price since the beginning of the year.

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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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Three of the Best Crypto-Friendly Currency Accounts for 2019

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The advent of blockchain and cryptocurrency has seen several industries disrupted like never before, including finance.

Notoriously resistant to change on any real scale, finance has always been seen as a tough industry to bring new ideas into, but blockchain has changed the game in many respects.

Today we’re seeing an influx of agile digital challengers to the established names that have dominated banking for so long.

Recently a report was published by consultancy company A.T. Kearney that claims “Not all banks will survive the tide of change as customers increasingly favor digital banks and innovative products and services.

“Branch closures are a short-term fix to steady the books, but it is not enough – traditional institutions need to consider strategic transformation to improve cost and top line and also offer more innovative products and services.”

In short, the world of banking is changing, and the following three startups are among the best crypto-friendly banking options for 2019.

Wirex

Offering customers a VISA card available in three different currencies, Wirex has quickly established itself as one of the most recognized names in crypto finance.

Billed as “crypto and traditional currency accounts that put the power in your hands,” Wirex allows customers to take charge of their entire banking needs from one simple to use platform.

You can fund your account using a credit/debit card, bank transfer,…

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Reasons Why You Are Much Safer When Crypto Trading on Dexes

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While many cryptocurrencies aim to bring the change to the world by bringing full decentralization, one aspect of the crypto space still remains mostly centralized, and that is the way they are exchanged. Most crypto exchanges are centralized companies, where traders and investors need to deposit their coins for safekeeping. This is a risky way to handle the funds, as exchanges remain susceptible to hacks and theft, as many realized recently, after the hack of the world’s largest exchange by trading volume, Binance.

During the hack, around 7,000 BTC (over $40 million) was taken, and sent to multiple wallets, never to be seen again — for now, at least. The hack also came as quite a shock, as Binance was known for its efficiency, security, and high levels of confidence. It also made people realize that their coins are not really theirs if they need to rely on third parties, such as exchanges, to keep them safe. As a result, many are now turning away from centralized exchanges, and are heading towards decentralized ones — also known as DEXes.

Here are some reasons why you might want to consider doing the same.

1. True ownership of your coins

The crypto community has a saying: “not your keys, not your coins.” The saying is now more relevant than ever, but it does not apply on DEXes. Decentralized exchanges

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Bitcoin

4 Reasons Why the New Bitcoin Rally Is Unlikely to Stop Now

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After more than a year of declining prices, the crypto market is finally seeing a period of serious recovery — one that has already brought digital currencies to heights not seen in over half a year now.

Only days ago, Bitcoin surged past several major resistance levels and managed to exceed its yearly high of over $8,000. Already, many skeptics are predicting the soon end of the bull run, and the possibility of yet another sharp decline. However, there are signs that suggest otherwise — that this bull run is only getting started, and that it will not end anytime soon.

There are four reasons why this is the case, and they are as follows:

1) Bakkt

There is the long-awaited Bitcoin futures exchange, Bakkt, which recently announced that the July test date for Bitcoin futures is soon to be set. Bakkt’s launch was delayed multiple times already, so the announcement came as quite a surprise. However, it appears that it will happen quite soon, after all.

As soon as its arrival becomes a certainty, Bitcoin will likely skyrocket even further, just like gold did when gold ETF appeared in 2013.

2) Bitcoin completely ignored the hacking of Binance

Binance has been the largest crypto exchange by trading volume for a while now, and as such, many expected that, if anything were to happen to it, Bitcoin…

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