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Tron (TRX) enters Poland (EU) as it gets listed on Bitpay

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Tron TRX
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Tron’s mass adoption intensifies as the most significant Poland crypto exchange, Bitpay, lists TRX on its platform. The listing is to foster and create a wider audience for both Tron and Bitpay. The collaboration between Tron and Bitpay was done to create a better and safer means to purchase and trade TRX tokens.

Tron listing on Bitpay serves as good news for Tron’s community because TRX can now be traded to Bitcoin, Polish Zloty, US Dollars, and Euro. Bitpay is one of the biggest exchanges in the world, and the founder of Tron (TRX) didn’t fail to acknowledge that. Sun further emphasized that the listing is another achievement for Tron and its community. Sun said,

“BitBay is one of the biggest digital asset exchanges in the European area. The listing of TRX on BitBay is another milestone for us, representing another significant step of TRON into the European market. We believe that the cooperation between the two parties will provide users with more purchasing channels that are safer and more convenient. This will be a win-win cooperation” 

In regards to the new listing, Tron CEO tweeted,

The biggest crypto exchange in Poland stated through a press release:

“TRON is an ambitious project. We have no doubt that its protocol is one of the biggest operating systems in the world based on the blockchain network. We are very proud to list TRX on BitBay and present it to our users. We hope that our contest for traders will drive even more attention to TRON.”

Subsequently, Bitpay, which also controls more than 70% of the crypto-trading market in Poland has also decided to reach out to the Asian market by releasing the Chinese version of its platform. The platform has also added about ten new digital assets to the platform.

As part of increasing its customer base and increase the level of TRX trading on the platform, BitPay has decided to award the top 100 crypto traders on its platform with 400,000 TRX. Although in this competition, top traders will be awarded based on the volume of TRX trades performed on the platform.

Undoubtedly, Tron has made significant progress ever since the launch of its MainNet.

As it seems, Tron’s MainNet has enabled it to attain feats that even top cryptos such as Bitcoin haven’t been able to reach. Recently, the cryptocurrency burnt the 5th batch of ERC-20 tokens which is tagged as the final phase of its migration from Ethereum’s protocol.

A tweet by TRX Colony read,

TRX stared Aug. with only 30,100 transactions a day. By the end of the month, the average of daily transactions was nearly 1/3 that of Ethereum. Tron is the fastest growing coin, this rocket ain’t stopping for anyone” 

Tron TRX at the moment

TRX has improved from the recent low of $0.01 and currently trades at $0.0205. It is important to know that Tron (TRX) has increased by 4.61% in the last 24 hours. The cryptocurrency now has a market cap of $1,347,846,677 and is the 13th largest cryptocurrency, according to CoinMarketCap.

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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. The author is long Bitcoin. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Photo by Erik Witsoe on Unsplash

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HODLing Stellar Is A Good Plan For 2019

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HODLing
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HODLing, or holding on to a certain asset or assets has always been an extremely useful investment strategy, even before cryptocurrencies were even imagined. Now, with the market being more uncertain than ever, many are wondering what is the right thing to do with the coins in their possession.

Of course, things change depending on the coin in question, but today, we are going to talk about why it is a good idea to hold on to your Stellar (XLM) in 2019.

Why You Should Hodl Stellar (XLM)

The crypto market is rich with hundreds, and even thousands of different projects at this point, and separating valuable ones from those that are destined to slowly fade away can be tricky. However, even the biggest skeptics believe that Stellar is a coin that is here to stay.

XLM was first launched in 2014, and for a long time now, it has been among the top 10 cryptos by market cap. It is an open-source, decentralized protocol that allows users to send fiat currencies by using cryptocurrency as a method of transport. In a lot of ways, it is very similar to XRP. However, the biggest difference is that Stellar aims to offer its services to regular people, while XRP is more interested in working with banks and financial institutions.

Nevertheless, sending money, especially when it comes to cross-border…

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Reasons To Invest In Electroneum In 2019

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Electroneum
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2018 has been quite a rollercoaster for the crypto space. Coins went up and down more times than anyone could have guessed, not to mention two massive market crashes. However, in a few short weeks, the year will be over, and a new, positive period for the crypto world is expected to arrive.

While there are many predictions for 2019, today we are only interested in one thing — Electroneum (ETN). A lot of people quickly took notice of this coin, and many believe that it is among the coins of the future. Indeed, it has received a lot of attention, and many are interested in why that is, and why investing in it is a good idea. So, let’s take a look at a few reasons why you should invest in ETN in 2019.

1) It is fast

Speed and precision of any service have always been very important to people. This importance is even greater when making a profit depends on it. Electroneum developers were aware of this when they created it, and the coin is up to 5 times faster than Bitcoin. This means that ETN transactions can be confirmed much faster, which in turn reduces fees and waiting time.

Furthermore, there are also plans to create Electroneum Virtual Currency Exchange, which will allow the project to act as an exchange. However, the even…

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STEEMIT Running Out Of STEAM?

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Steemit
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Has Steemit seen its glory days run dry? There have been many rumors that the CEO Ned Scott has pushed the company to the blockchain focus that he forgot about Steem being a social media platform. Now, these are just things some of the former employees have been heard saying, but it is a rather interesting take as to what is going on. Give the following video a watch where I break down what is happening with Steem. I also give my thoughts on what may happen to other large ICOs and how we may see this trend continue as we have seen with ConsenSys laying off 10% of their workforce.

If the big name projects are starting to do this will it also have a trickle-down effect on other ICO’s which have no products and are running out of cash? I definitely think so, and I also see this negatively affecting Ethereum for the mid-term. The question many have been asking is just how long can the bottom 1800 projects last with the current market conditions? How many ICOs did not liquidate their Ethereum and now are stuck with 1/10th the cash flow or more in some cases, how will they pay to continue operations? What about the growing number of projects laying off employees…

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