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Tron (TRX) Token Migration: Here Is An Updated List Of Exchanges Supporting It

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Tron
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The crypto-markets are a bit in the green today, and it is a good feeling. The last 3 days have played out like the 2008 financial crisis but in the crypto-verse. Our favorite token of Tron (TRX) was adversely affected by the two events that caused the flash crash we witnessed over the past few days.

First, it was the Coinrail hack that left $40 Million in tokens stolen as well as the market reaction that caused the wiping out of approximately $20 Billion in total market volume. Then there was the overreaction – according to John McAfee – of ongoing investigations of the 4 exchanges of Bitstamp, Coinbase, Itbit, and Kraken. This latter event wiped off another $27 Billion from the crypto-markets.

Looking at the same markets at the moment of writing this, TRX is currently trading at $0.047 and up less than a percentage point in the last 24 hours. Anyone who had some additional capital to invest, most likely got some more TRX yesterday. The value might not get any lower than that between now and the TRON Independence Day.

The current countdown to the total Tron migration from the Ethereum platform to the MainNet known as Odyssey v2.0 reads 12 days and few hours. This means that time is winding down for all TRX HODLers wishing to transfer their tokens to the numerous exchanges supporting the Tron Migration from the 21st to the 24th of June.

So which exchanges are supporting the Tron Migration?

According to Justin Sun via Twitter, the list is as follows:

  1. Bit-Z
  2. Bibox
  3. Binance
  4. Bitfinex
  5. Bitforex
  6. Bithumb
  7. Bitkop
  8. Bitopro
  9. Bitpie
  10. Bittrex
  11. Bixin
  12. Coinegg
  13. Coinnest
  14. Coinrail
  15. Cointiger
  16. DragonEx
  17. Gate.io
  18. Huobi.pro
  19. LBANK.io
  20. Liqui
  21. OEX.com
  22. OKEx
  23. OTCBTC
  24. RightBTC
  25. Upbit
  26. Zebpay
  27. WazirX

Therefore, all TRX HODLers are asked to transfer their tokens before the 24th of this month to facilitate smooth transition into the new MainNet blockchain.

However, Binance recently announced that it will be supporting permanent TRX MainNet swap. This means that if you miss the above deadline of the 24th, you can create a Binance account (or using your existing one), deposit your TRX tokens and Binance will do the swap for you automatically.

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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.

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Altcoins

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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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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