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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

CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip
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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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collateralized debt position
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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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Altcoins

Hodium Presents a Compelling Opportunity for Outsized Investment Returns

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Hodium
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I’m sure all of us remember the cryptocurrency glory days of 2017 and early 2018.  It was one of the biggest bull runs in history and created incredibly wealth for quite a few early entrants.  Unfortunately, for most of us, those gains have most likely been wiped out during the altcoin apocalypse.  The truth is that traders probably thought a bit too highly of their trading abilities when the reality was that anyone could have thrown a dart at a board and ended up making money.

As markets mature (and the crypto market is definitely maturing) it becomes more and more difficult to generate alpha.  In that regard, it’s similar to traditional financial markets.  I can remember trading during my high school days.  It was the late 90s and right in the middle of the dot.com boom.  Eventually, however, the euphoria fades away and reality hits hard.  Now, it’s become rather difficult to actually trade profitably which has given way to the rise of hedge funds.

Hedge funds are investment funds that pool capital from accredited and/or institutional investors and invest in a variety of assets, often with extremely complex portfolio-construction and risk management techniques.  The professionals employed by hedge funds are the best of the best and have spent years honing their craft.  That is why they’re able to make the millions of dollars that they normally…

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