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Tron (TRX) gets listed on Turkey’s fastest growing crypto trading platform

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Tron is continuing spreading its tentacles and increasing its outreach this month as TRX has made it to fastest growing crypto-trading platform of Turkey, Koineks. The news itself was announced by Tron’s CEO himself, Justin Sun, who took to his official Twitter page for the announcement earlier today.

Turkey is one of the countries in the world that has taken a big interest in cryptocurrency and Tron has decided to play a major role in encouraging that interest. The Turkish crypto-trading platform, Koineks, has been known to offer more than ten digital assets and fiat currencies, including Bitcoin, Litecoin, Ethereum, Ripple, and more.

As of today, TRX deposits and withdrawals have begun on the crypto trading platform; the trading would start by tomorrow.

Just within its first year of creation, Koineks is now one of the 3 biggest crypto-exchanges in Turkey. Koineks is aiming to reach out to more and more people in other countries and it is establishing that step by adding Tron (TRX) to its platform.

Tron, on the other hand, is one of the biggest cryptocurrency in the crypto-market with a market capitalization of $1,557,896,709, at the press time, according to CoinMarketCap.

As many know already, Tron was created in 2017 by Justin Sun, its CEO and founder. The digital asset has its base in Singapore. The blockchain project prides itself to be one of the notable entertainment platforms that solely work on blockchain technology without the use of an open-source network.

Additionally, Tron has a digital asset (TRX) that also supports the creation and installation of Dapps. The blockchain was created to make payments and share entertainment contents for entertainment users. It is important to know that this is the first time the digital asset is getting listed on Koineks in any pair.

Understandably, lots of existing Tron users have expressed their gratitude with the new listing as well as it has raised the interest of Turkish investors to trade on Tron’s ecosystem.

Why These Listings on Various Crypto-exchanges?

So far, Tron has partnered with lots of crypto-exchanges to foster its ecosystem worldwide. Tron’s listing on different exchanges such as Koineks will boost the global use of TRX to increase the proficiency of the world’s entertainment industry.

As stated above, Tron ventured into the crypto-market in Sept 2017, and it was at $0.00204 in November 2017. A month later, Tron had a significant spike in its price (2000 percent) that pumped its worth to $0.0414. Right now, the cryptocurrency stands among the top 3 most-searched cryptocurrency on the internet. Tron also has a total supply of 100M TRXs with a market resource of 65M TRX. The cryptocurrency boosted its status further when it acquired BitTorrent this year.

Tron’s Listing Might Give a Boost to Koineks

Koineks started operating last year, and Faruk Fatih Özer created it. The company is based in Turkey with the sole aim of providing a crypto-platform where traders can trade cryptocurrencies with ease.

The platform began trading with just five cryptocurrencies, but right now, it has 12 coins on its platform – including Tron (TRX). Koineks is aiming to build its portfolio, and from the response of Turkish users on its decision to list Tron, it seems like the platform might get a further boost in its user base soon.

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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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