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Tron (TRX) makes it to LINE, giant messaging platform, crypto exchange BitBox

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6 years ago

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Tron TRX

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.”

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.”

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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A Guide to Exploring the Singaporean ETF market

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2 months ago

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February 20, 2024

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Singapore’s Exchange Traded Fund (ETF) market has grown, offering investors diverse investment opportunities and access to different asset classes. As the market evolves, investors must navigate these uncharted waters with a clear understanding of Singapore’s ETF landscape. This article explores the trends, challenges and strategies for navigating the Singapore ETF market. To start investing in ETFs, you can visit Saxo Capital Markets PTE.

The Singaporean ETF Market: Exponential Growth

The Singapore ETF market has seen significant growth in recent years, with an increasing number of ETFs covering a wide range of asset classes and holders. different investment topics. 

One of the notable trends in the Singapore ETF market is the growing diversity of available options. Investors can now choose from ETFs that track domestic and international stock indexes, bonds, commodities, and specialist sectors or themes. This diverse range of ETFs allows investors to create comprehensive portfolios tailored to their investment goals.

The growth of the ETF market in Singapore is also due to growing investor demand for low-cost, transparent, and accessible investment vehicles. ETFs offer benefits such as intraday liquidity, real-time pricing, and the ability to trade on exchanges. These characteristics have made ETFs attractive to retail and institutional investors who want exposure to different asset classes.

Regulatory Landscape and Investor Protection

The Monetary Authority of Singapore (MAS) is the…

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Property Loans for Foreigners in Singapore That You Must Know About

Published

4 years ago

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March 27, 2020

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property loans for foreigners in Singapore

Intending to invest in a residential or commercial property in Singapore?  

When it comes to foreigners applying for a loan in Singapore, things can be pretty hard regardless of the reason whether you need the property for personal or business purposes.  

In Singapore, buying a property is challenging, whether you are a foreigner or a native, and sometimes applying for a loan is the only way for you to afford it.  

HOW MUCH CAN YOU BORROW FOR A PROPERTY LOAN IN SINGAPORE? 

As for the Foreigner Loans, in Singapore, there is an exact amount of money you can borrow to finance the purchase of a property.  

In this sense, Singapore has the Loan to Value Ratio (LTV).  

The LTV ratio is what determines the exact amount of money you can borrow for a property loan, which changes depending on where you try to obtain the loan:  

  • If you are applying for a bank loan, you can borrow a maximum of 75% of the value of the property you want to purchase. That means if you are looking for a property that costs $500.000, the maximum amount of money a bank lender can give you like a loan in Singapore is going to be $375.000. 
  • When you are applying for a loan with a Housing…
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CoinField Launches Sologenic Initial Exchange Offering

Published

4 years ago

on

February 19, 2020

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Sologenic

CoinField has started its Sologenic IEO, which is the first project to utilize the XRP Ledger for tokenizing stocks and ETFs. The sale will last for one week and will officially end on February 25, 2020, before SOLO trading begins on the platform.  Sologenic’s native token SOLO is being offered at 0.25 USDT during the IEO.   

Earlier this month, Sologenic released the very first decentralized wallet app for SOLO, XRP, and tokenized assets to support the Sologenic ecosystem. The app is available for mobile and desktop via the Apple Store and Google Play.  The desktop version is available for Windows and Mac.

“By connecting the traditional financial markets with crypto, Sologenic will bring a significant volume to the crypto markets. The role of the Sologenic ecosystem is to facilitate the trading of a wide range of asset classes such as stocks, ETFs, and precious metals using blockchain technology. Sologenic is an ecosystem where users can tokenize, trade, and spend these digital assets using SOLO cards in real-time. The ultimate goal is to make Sologenic as decentralized as possible, where CoinField’s role will be only limited to KYC and fiat ON & OFF ramping,” said CoinField’s CEO…

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