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TRON (TRX) Enters the Forex Markets with Shift Markets

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TRON

The last week has been ecstatic for TRON, TRX, and all supporters and HODLers of TRX. This is the case because TRON has launched the long-anticipated main net, which means that the TRX just got ready for the next stage of its development. With declaring the day of independence for TRX and blockchain technology, Justin Sun introduced TRON to a new era where there might be a neat spot for TRX and TRON foundation on Forex Global Exchange.

TRON to Enter Forex Exchange

TRON started out strong in June as it managed to get three new listings in the course of only a week, mostly due to the fact that TRON has just released its main net with the coin migration supported by the exchange DragonEX. Among CoinEx and Max exchange markets, TRX also got listed on Indodax in the course of the past seven days, that way increasing its exposure.

Although seemingly still unappreciated in the market when it comes to the value of one TRX unit, TRON on the head with Justin  Sun is actively and proactively working on the development of TRON network as well as working on mass adoption.

One of the latest achievements that confirmed the significance of this blockchain project is the fact that TRON has recently partnered up with Shift Market.

What brought even more attention to this partnership is the fact that TRON might be entering Forex Global Exchange thanks to the CEO of Shift Markets, Ian McAfee.

TRON might as well be on a great path towards completing this objective, as it became evident that with the latest partnership with Shift Markets, TRX will be entering Forex Global Exchange.

It has been stated that TRON will be entering the Forex market, which means that this crypto will become available on the mentioned global exchange with the appropriate trading pairs.

TRON, Shift Markets, and the Forex Listing              

To honor the partnership with Shift Markets, Justin Sun tweeted about the partnership, inviting the public to stay tuned, that way implying that there will be more surprises yet to come.

Ian McAfee, the CEO of Shift Market, also tweeted on this occasion, stating that he is happy that TRON will be surpassing the gap between fiat currencies and cryptos thanks to the Shift partnership.

What Forex is more likely to do for TRON is to increase its exposure in different markets around the globe, which means that TRX might be looking forward to an increased value despite the case scenario during the past month where TRX just couldn’t acquire any crucial rises against the dollar.

Moreover, with TRON entering Forex exchange, its value may consequently rise while having a digital currency successfully “infiltrated” into the world of fiat values.

However, it is a realistic fact that the holders and investors will have to give a little time to this partnership in order to be able to see the results of the Forex exchange listing.

Recognition for TRON

After the announcement of partnering up with Shift Markets, TRON has gained yet recognition by having been added to a new listing besides from the previously mentioned exchanges it scored at the beginning of June and after the main net launch.

This time, TRON has been listed by a prominent exchange, BitForex, which is known by only adding the top promising coins to its listing, which means that this listing means more in the terms of having TRON gaining recognition from a high authority exchange market.

With numerous support teams positioned across nearly 90 different countries around the world, BitForex listing makes up for another great strategy for getting more exposure for TRON and TRX in the crypto market.

TRON’s Performance

Despite the amazing atmosphere of having TRON thriving in the past week since the main net launch, we can see TRX dropping against the dollar today on June 7th.

The market seems to be divided in a sense that while some cryptocurrencies are going down in the red a handful of its peers are going up against the dollar.

After the latest change in the market, TRX has suffered from a minor drop of barely 0.30% against the dollar, which means that TRON can currently be traded at the price of 0.059$ per one TRX.

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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

My Crypto Heroes Announces Issuance of MCH Governance Token

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Tokyo, Japan, 24th November, 2020, // ChainWire //

My Crypto Heroes is happy to announce the issuance of MCH Coin as an incentive to players in the My Crypto Heroes ecosystem, aiming to allow them to craft a “User-oriented world”. The MCH coin is available on Uniswap with a newly created pool with ETH. 

My Crypto Heroes is a blockchain-based game for PC and Mobile. It allows users to collect historic heroes and raise them for battle in a Crypto World. Officially released on November 30th, 2018, MCH has recorded the most transactions and daily active users than any other blockchain game in the world.

What is MCH Coin?

MCH Coin is being issued as an ERC-20 Standard Governance Token. The issuance began on November 9th, 2020, with 50 million tokens issued.

Of the funds issued, 40% are allocated to a pay for on-going development and as rewards for advisors and early investors. 10% are allocated to marketing and the growth of the ecosystem, and 50% are allocated to the community. The Distribution Ratio of the MCH Coin is subject to change via a governance decision.

The MCH coin will be used as a voting right as part of the ecosystem’s governance, with 1 coin being 1 vote. It will also be used for in-game utilities and payments. Additional information can be found here:

https://medium.com/mycryptoheroes/new-ecosystem-with-mchcoin-en-a6a82494894f

During December 2020 the first governance…

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Altcoins

Rewards Platform StormX Offers 50% Crypto Cashback Bonus for Thanksgiving

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Singapore, Singapore, 23rd November, 2020, // ChainWire //

Blockchain-based rewards platform StormX has released a seasonal promotion for its award-winning Crypto Cash Back App. The promotion will allow app users to earn a 50% bonus on top of their cashback between Thanksgiving Day and Cyber Monday (November 26-30).

StormX has also introduced a brand-new staking service, allowing users to earn an additional 50% per year when they stake STMX tokens. The native ERC20 token of the StormX ecosystem, STMX has a total supply of 10 billion and is available to trade at many of the world’s top exchanges, including Binance and Bittrex.

“With Bitcoin’s price approaching its all-time high, interest in cryptocurrencies has renewed, though some people believe it’s now too expensive to buy in,” said StormX CEO and Co-Founder Simon Yu. “What we have done is create an easy way for such individuals to accumulate bitcoin, ethereum and other cryptocurrencies via everyday shopping.

“We’re also excited to provide users with the ability to earn greater rewards simply by staking their tokens.”

Since the StormX mobile app launched its Shop feature with over 700 stores in February 2020, some 400,000 unique users have been added to the rewards platform. StormX has also witnessed over 50% month-on-month growth for sales. The app is available for download on the App and Google Play Stores, and can be downloaded as a browser add-on from the Chrome Web…

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Altcoins

BITTREX GLOBAL CONFIRMS FREE TRADING AND LISTING FOR TOP DEFI TOKEN

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Valduz, Liechtenstein, 17th November, 2020, // ChainWire //

International cryptocurrency exchange promotes free trading and no gas fees for leading DeFi tokens

17th November 2020 — Bittrex Global GmbH. announced today 8 new DeFi tokens will be listed this week including:

  • UMA (UMA)
  • Aave (AAVE)
  • Balancer (BAL)
  • REN (REN & renBTC)
  • Kyber Network (KNC)
  • Band Protocol (BAND)
  • YF Link – (YFL)

Bittrex Global’s users can trade all of their DeFi  tokens with no trading or gas fees until 2021. The decision to enable free trading on Bittrex Global for DeFi tokens  follows on from the 1,000% growth of the DeFi asset class over the course of 2020.

The decision to enable free transactions will see more investors enter the Blockchain Act’s digital asset regulatory system, supervised by the Financial Market Authority in Liechtenstein (FMA) under the Due Diligence Act which requires traders to comply with the KYC/AML/CFT standards.

“The last year has seen huge growth in DeFi as an asset class and a number of significant milestones completed,” said Bittrex Global’s CEO Tom Albright. “As the asset class matures and more institutional and professional investors look at the fundamentals, we are likely to see increased demand and higher trading volumes for DeFi in 2021.

We’re really excited about what we’re seeing in the space and want to see these DeFi projects grow and help them build stronger platforms through increased adoption. Offering free trading fees…

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