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Tron (TRX) on a roll as more than 70 exchanges list the crypto now

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Tron TRX
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It becomes more evident Every time as to how Tron (TRX) is taking the strongest steps in the industry to set a milestone and differentiate from others, a fact that without any wonder the token is already taking care of. One would think that after a long-awaited launch of the Main Net and all of the work that got implied in such ambitious project, the company would take some time before jumping on another bold objective, but that’s certainly not the case of this crypto.

Justin Sun, CEO of the company has been working tirelessly to consolidate the presence of the coin in the market and improve its performance as one of the top cryptos in the industry. Like this, it has developed an exceptional partnering work that for sure forecasts the token as the next big thing.

It seems like going unnoticed is definitely not a characteristic of the moves that Sun has set for the current 10th coin of the market. The businessman recently managed to partner with three cryptocurrency exchanges in just 48 hours, a fact that besides being huge, places the coin as one of the most well-received in the world, and the one that is currently listed in 70 exchanges in total now. The Tron team knows no stopping. Let’s see how it goes.

The most recent alliances of Tron

BitForex partnership

It is the most recent partnership announcement that Justin Sun made on his Twitter account. Sun’s tweet regarding the Tron’s partnership with BitForex, reads,

BitForex is an influential crypto exchange based in Singapore with registration in the Seychelles and presence in countries such as Germany, Hong Kong, and the Philippines. In addition to the newly listed TRX token, the exchange lists another ten cryptos among which there is Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, NEO, ABBYS, THEMIS, and others.

Shiftmarkets partnership

Tron has just entered a global market by forming an alliance with the leading FX market company, Shiftmarkets. Through the partnership, both companies expect to bridge the gap between the two sectors by offering Contract For Difference liquidity and deliverable assets.

In relation to this, the CEO of Shiftmarkets who happens to be none other than the crypto gurú John McAfee said that the company is very “excited to bridge the gap between the FX and crypto markets with a popular and exciting project like TRON.” He continued by saying the FX demand has been mostly acclaimed and that after this collaboration he expects a more notable interaction between the two market sectors.

OTCBTC partnership

The Chinese exchange OTCBTC partnered with Tron a couple of days ago to provide support in the migration from the protocol ERC-20 of Ethereum. Like this, all of the holders of the token can deposit their TRX ERC-20 tokens on the exchange before June 21st, and this will represent insurance for their funds after the protocol migration and the coming representative elections.

OTCBTC is one of the largest exchanges in Asia offering trading services with several cryptos among there is TRX which can be bought through fiat currencies such as Yuan or USD and with available trading pairs like TRX/BTC and TRX/ETH.

D2F partnership

On June 26th, Tron (TRX) will deploy the Super Representative elections in which the self-governed community of the company will be set to shape and establish Tron’s future. Regarding the Tron (TRX) D2F partnerships, the official announcement that came from Justin Sun in form of a tweet (as in most of the cases), reads,

Final Words

Exactly as Mr. Sun keeps establishing over social media, it seems like Tron “never sleeps.” All of the recent partnerships and moves from the company can only be an indicator of its enormous potential growth in the coming days.

The TRX token is now listed in more than 70 crypto exchanges around the world and has over 100 TRX pair options to trade with. Whether it will be a fast or slow success remains a question; however, we can be sure that great things are coming for the crypto. Stay tuned!

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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 Pxhere.com

Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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Bitcoin crash
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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

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Altcoins

Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

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In the past few…

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Blogs

Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

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crypto credit cards
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It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

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