LINE, a messaging platform based in Singapore has added Tron (TRX) to its new crypto exchange known as BITBOX. Tron is the first digital asset to be listed; BITBOX listings are intended to expand its profile and give its clients lots of crypto choices to choose from.
The LINE-owned cryptocurrency exchange was created with the help of blockchain technology, and it is aimed at offering improved and safe crypto services.
LINE stated in its announcement on the website:
“The listing of TRON (TRX) – available now on BITBOX-also shows LINE’s continuing commitment to diversifying its consumers’ coin option and developing its cryptocurrency exchange business. As a user-centered exchange, BITBOX is focused on expanding the range of options available for its consumers, while also providing efficient and secure cryptocurrency services.”
LINE today announced an important new development in its cryptocurrency businesses – the BITBOX Exchange has added the coin project TRON (TRX) to its listings. TRON is the first coin project to pass the review process by the BITBOX open-listing committee. https://t.co/cpYXtDLm3f pic.twitter.com/v91hytIM1F
— LINE Global (@LINE_Global) August 15, 2018
In addition, the Head of LINE Corporation, Youngsu Ko, stated this on LINE’s decision to add Tron (TRX):
“Integrating TRON (TRX) with BITBOX will enable us to connect with the world’s fastest-growing blockchain project. TRON has a solid tech platform; especially now it has joined forces with BitTorrent. We look forward to building a strategic partnership with TRON and offering our users the best experience available in the cryptocurrency space.”
Justin Sun, the CEO of Tron (TRX) also expressed his gratitude and said,
“TRON will help LINE to provide fast and secure cutting-edge crypto exchange services. By joining this vibrant project, we aim to reach a broader audience, extend our services to mobile, and connect the dots with our other products, which have more than 100 million users (BitTorrent, Peiwo, etc.). We are looking forward to working further with Line on more integration.”
#TRON will be listed on @bitbox_official, a global crypto exchange by @LINE_Global that provides a trusted platform for traders to buy and sell leading, liquid digital currencies. BITBOX emphasizes user-experience and comprehensive support. #TRX $TRX pic.twitter.com/vezRFs7Ci3
— Justin Sun (@justinsuntron) August 15, 2018
Meanwhile, in the last 5 hours or so on the hourly intraday charts, Tron (TRX) is up by 13.18% on the back of the bullish announcement by BITBOX, according to CoinMarketCap.
The fact that Tron just got listed on BITBOX is a major feat and a stepping stone to Tron’s mass adoption and a decentralized world. Upon achieving this major feat, Tron (TRX) has decided to airdrop 9 million of its tokens to its clients on BITBOX, and this will run till the end of this month.
Tron’s Super Representative (SR) is still ongoing, and recently, BitTorrent just got elected as one of the 27 Super Representatives. In addition to the recent happenings in Tron Foundation, it is important to know that Tron (TRX) is now being advertised on Utorrent Windows Mobile App.
At the moment, lots of crypto exchanges are resuming the deposits and withdrawal of Tron (TRX), and we shouldn’t be surprised if we see more exchanges coming up in the future. And ultimately see the prices of Tronix (TRX) go up soon.
Tron’s Price Index
Tron is currently in the green after it surged by 13.18% in the last 5 hours following the announcement by BITBOX. TRX is traded at $0.0197 at the time of writing, with a high of $0.0195 and a low of $0.167, according to the CoinMarketCap data.
Another thing worth noting is, TRX surged above $0.020 at the time of the BITBOX announcement. Nevertheless, in the upcoming days, it is firmly-realistic to expect a bullish trend taking place shortly as a result of the forthcoming feats that Tron is set to achieve.
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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.
Image courtesy of Pixabay.com
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