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Real Tron (TRX) usage has arrived! Token price could hit the moon at any time

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Tron TRX
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If a cryptocurrency has to go high, it has to increase its real-life usage, and Tron (TRX) has managed to achieve precisely that. Here in this post, we’ll uncover how but let me talk about some facts first, briefly (promise).

It is not a hardcore secret to anybody that cryptocurrencies have been approached as a form of investment rather than its real purpose which is to be a payment method that’s open to anybody at any time with the characteristic of not needing a trusted third party involved in the process.

In this matter, this has been one of the biggest struggles the crypto market has been dealing with as when it comes to utility, it seems like the crypto market lacks options, which, at the same time, ends up resulting in the implicit encouragement of the usage of virtual currencies only with the expectation of gaining a profit of it.

So, in this sense, it is to be noted that every day there are more and more initiatives that plan to tackle the problem and come up with a solution that could finally give a different approach to crypto usage, a fact that seemingly, Bitcoin Superstore has finally achieved by adding Tron. Let’s see its connection to the new crypto-mainstream link and the details on the addition of Tron (TRX) to the platform!

Bitcoin Superstore

Bitcoin Superstore is a website that allows crypto enthusiasts with the opportunity of buying good and services from a huge range of options of the market by using cryptocurrencies.

The platform has been amongst us for quite time now, but it wasn’t till the moment that the network started to gain strength by setting some of the most ambitious goals of the sector.

According to its official Twitter account, the company is aiming to add a new cryptocurrency every week, and not only that, it is also willing to accept suggestions of the community, a fact that undoubtedly represents a great benefit for the sector.

Bitcoin Superstore gives crypto enthusiasts the chance of buying from almost all of the online retailers in existence, including Amazon, Walmart, eBay, and even Starbucks, and the best of all is that it charges the user with a 2 percent fee of the total amount of the purchase only.

Like this, the platform has already turned in the most relevant service for real crypto usage in the market, and at the same time, in the cheapest (I mean affordable).

The seven cryptocurrencies available

In the beginning (as the name suggests), the only crypto accepted was Bitcoin (BTC). However, the platform has already seven cryptocurrencies enlisted, among which there are Bitcoin Cash (BTH), Dash, Ethereum (ETH), Litecoin (LTC), Ripple’s XRP, and Tron (TRX) as of yesterday.

The official announcement was made through Twitter:

Conclusion

Naturally, the addition of Tron (TRX) to a platform where users can purchase in almost all of the online retailers that we know gives the coin a very positive perspective around price matters.

In fact, it is likely that in the near future the prices of the coin will surge from the recent behaviors, and this could be supported as well by the recent peer to peer payment option that Tron has enabled through its payment platform Seedit.

We can all agree that the latest performances of the coin have not been the best, but this is a milestone with the potential to change the fate of Tron completely. Of course, it will be unrealistic to expect Tron (TRX) hitting the moon in current circumstances; the whole market is bleeding severely, TRX will have to wait (the rally needs to start from Bitcoin). So 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 Pixabay.com

Altcoins

KaratGold Proves Its Business Model By Providing Official Documents

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There has been a lot of renewed enthusiasm in the cryptocurrency market thanks mainly to Bitcoin’s strong move about 10,000.  Although Bitcoin continues to show its dominance, the altcoin market has yet to benefit from that rally.  A few of the largest altcoins remain popular but the rest of the market continues to lag behind.  In 2018, there was a lot of talk regarding a possible altcoin apocalypse where only the strong would survive.  That prediction appears to be playing out as expected.  Going forward, only the best projects that have a real world need will survive.  Crypto traders will have to spend a lot of their time doing proper research in order to find the best opportunities, just like in all financial markets.  One promising project that appears to have the makings of a future winner is KaratGold Coin.

KaratGold Background

KaratGold Coin is a cryptocurrency developed by the reputable German company Karatbars International, which maintains a leading position in the market of small gold items and investments. The project is part of a larger ecosystem, which involves several blockchain solutions that can be used for transactions, communication, investing and other tasks. During the past few weeks, however, the KaratGold ecosystem has been a target of unsavory scam allegations.  

Karatbars International and GSB Gold Standard Banking Corporation…

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Altcoins

ICTE May Bring About Sweeping Changes for Cryptocurrency Exchanges

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Cryptocurrency has taken the world by storm during the last few years. An entirely new financial market was created almost overnight which has captured the imagination of all its participants. Cryptocurrency is even starting to attract institutional money from investment banks, hedge funds, and other proprietary trading firms. Despite the rapid growth, traders remain extremely frustrated by having to deal with the fragmented nature of centralized crypto exchanges.

A Change is Needed

When cryptocurrency first began, there weren’t many participants and the trading volume was relatively insignificant. But, over time, that has radically changed. Some tokens now have a capitalization in the billions and are being traded 24-7 by institutions all over the world. Despite the volume, significant problems exist with the current way that exchanges work. Some of those problems include the following:

  • Constant fear of hackers
  • Exchange manipulation
  • Fragmented liquidity
  • Risk of identity theft

One of the biggest issues regarding centralized exchanges is the risk of being hacked. These hack stories seem to always be circulating around the internet. While experienced traders may have the tools to avoid becoming a victim, potential new traders have zero interest in dealing with this. And it’s not just the small exchanges that are at risk. Even large exchanges, such as Mt. Gox and Binance, are subject to being hacked.

Another huge risk is having to deal with…

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Altcoins

SonicX and Dash Could Challenge Facebook’s Libra for Global Payments Market Share

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SonicX
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When Satoshi Nakamoto unveiled Bitcoin to the world, the dream was always for Bitcoin to serve as a new universal currency.  It would be free from the bureaucracy of governments.  And free from the tyranny of the old-world financial cartels.  Although the dream hasn’t yet materialized, it comes closer and closer with each passing day.

One of the biggest roadblocks for Bitcoin has been scalability.  At a speed of approximately 7 transactions per second, Bitcoin lags behind other cryptocurrencies like Ripple and global payment processors like Visa.  Many expect the lightning network to have a positive impact on Bitcoin’s TPS but until that comes to fruition, mass adoption will likely need another significant development.

Libra Currency Announcement

One development that could help pave the way toward mass adoption is the launch of the Libra currency.  Libra is expected to go live during the first half of 2020 according to Facebook’s June announcement.  According to Facebook, Libra will make sending money online cheaper and faster.  It will also have a hand in improving access to financial services, especially for the unbanked.  Given Facebook’s global reach, including many third world countries, providing financial access to the unbanked could provide a huge spark to global economies.  Additionally, it could provide the growth spark that cryptocurrency needs.

Facebook’s most popular messenger, WhatsApp, has approximately 1.5 billion monthly users.  This application is…

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