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You are here: Home / Archives for Waqas Sattar

Waqas Sattar

Buying stocks using Bitcoin is now possible using Abra Wallet

February 7, 2019 by Waqas Sattar

On Wednesday, the US-based digital currency exchange and wallet provider, Abra Wallet, announced via blog post that it has upgraded its global investment app. As a result of the upgrade, the app will now allow users to invest in commodities, stocks, and ETF (Exchange-Traded Funds) with Bitcoin.

The San Francisco-based firm has urged all its users from 155 countries worldwide to sign up with them to invest in 50 new investment assets using Bitcoin. The investment can be as little as $5 and it is with zero trading cost for the whole year of 2019.

Big News: #Stock and #ETF #investing coming to Abra 🚀 Sign up now for early access to secure $0 fees for 2019.

Available in 155 countries
Fractional investing w/$5 minimums
Private and secure

Welcome to the #futureofinvesting, built on #Bitcoin! https://t.co/rvixGS74el

— Abra (@AbraGlobal) February 6, 2019

The platform is ready to provide a package deal on which opportunists can invest in stocks such as Facebook, Apple, Google, Netflix, Amazon, and Coca-Cola, fiat, exchange-traded funds, and cryptocurrencies.

Bill Barhydt, the Founder and the CEO of Abra commented on the development as following:

“We’re are going to start with popular US stocks and ETF’s and add more global assets in the coming months. Of course, all of the great features for investing in the cryptocurrencies and fiat currencies remain fully integrated as well.”

Mr. Barhydt further went on by saying that Abra contributes to the trades and investments using the crypto collateralized contracts (C3s). He explains how these contracts work, in Abra’s CEO words:

“[I]f you want to invest $1,000 in Apple shares you will place $1,000 worth of Bitcoin into a contract. As the price of Apple goes up or down versus the dollar, Bitcoin will be added to or subtracted from your contract. When you settle the contract – or sell the Apple investment – the value of the Apple shares will be reflected in Bitcoin in your wallet which can easily be converted back to dollars, or any other asset for that matter. When you enter into a C3, you’re effectively creating a smart contract which automatically determines – based on the price of the Apple shares – whether you have made money or lost money. The underlying Bitcoin collateral then adjusts itself accordingly to be equal to the value of the Apple shares.”

To put simply, investors will be setting up Bitcoin as collateral to invest in stock or an ETF. Bitcoin will be added into or subtracted out of their account as the status of the value of the assets shapes over time.

Abra will be the one taking risks in all of the contracts on the platform, but the risks have been carefully fenced and the system has gone through many trials for testing purposes on many contracts.

The CEO of the digital exchange ensures about it saying,

 “Abra has already successfully processed hundreds of millions of dollars worth of these investments contracts and has never lost money on them”.

The development has brought a lot of excitement in the crypto community even though the platform will likely be less useful for US-based investors because of the easy access to the US stock market, but it will surely be a game changer in the regions of the large unbanked population where access to the said stock market is comparatively difficult.

According to Barhydt, the platform was designed to assist the investors from those regions, who were unable to invest in the global stock market previously, with these investment opportunities.

Caitlin Long, Co-Founder of the Wyoming Blockchain Coalition and a wall street veteran also expressed her appreciating views about this huge and game-changing development by Abra. Her tweet reads:

This is HUGE!!!!!!!!!!!!!!!! All #bitcoin-based!!!!!! Kudos to @billbarhydt & team for lassoing traditional financial assets into Bitcoin, instead of trying to pigeonhole Bitcoin into the status quo—as so many other #crypto companies are doing. Best wishes for tremendous success! https://t.co/ZXs0lhqs8Z

— Caitlin Long 🔑⚡️🟠 (@CaitlinLong_) February 6, 2019

Image courtesy of Pixabay.

Filed Under: Bitcoin News Tagged With: Abra Wallet, Bitcoin (BTC)

Tron launches another development tool, Tron-Station

February 6, 2019 by Waqas Sattar

The crypto market is struggling for quite long now, not a secret – eve Bitcoin, Ripple, and Tether, which are usually considered as the giants of the crypto-verse are trying to find their way back on. It is more than more than a year now since the market fell into the trap of barbaric bears and it’d be fair to say they are injured so badly now that when the next bull run comes everyone might undoubtedly take some time to reach back to their original potential.

But guess which cryptocurrency is the one who not just managed to tighten its grip on the ongoing repetitive devastating circumstances but has also taken phenomenal measures to make sure that it would recognize itself as the dominant while reaching the new unimaginable heights when the clouds of this violent bearings shatter and provide a real sense of the new morning after a really long night of horrors . Yeah, you guessed it right. We are talking about Tron.

We’ll get a look at those developments a bit later, first, we ought to talk about the new addition to the Tron’s armor. This Tuesday, the Tron Foundation announced that they have made another development kit for developers to ascertain the crypto’s energy, bandwidth and maximum energy limit to deploy a smart contract. The announcement was made using the foundation’s official Twitter account as follows:

A new dev tool called TRON-STATION is here! It will display data that allows developers to calculate how much $TRX is needed to freeze/burn to get an amount of energy or bandwidth and the maximum energy limit deploy a smart contract. Visit https://t.co/zhyjXlasxw for more info. pic.twitter.com/0kcJuncE4E

— TRON DAO (@trondao) February 5, 2019

What is Tron Station?

It is actually a web application and Javascript API Library for calculating energy and bandwidth consumption that is based on Tron network. With the help of it, developers can quickly review energy and bandwidth related information before making a transaction or deploying a smart contract through it.

Now calculating units, bandwidth, energy, and SR vote reward on the crypto Network has become quite easy by using Tron Station Web Application’s simple user interface.

The announcement brought overwhelming responses from the crypto enthusiasts, and they have appreciated the additional feature provided for the developers and investors to research before they invest their time and money in Tron.

Remember, it is not the only development tool kit provided by the foundation. A few months back, the foundation provided the first development tool kit comprised of TronBox, TronGrid, TronStudio, and TronWeb – to assist programmers in creating content, smart contracts, applications and all kinds of other superb things on the Tron Blockchain.

Now let’s talk a bit about those developments and landmarks it achieved during this long bearish period. Though the list is quite long, we start mentioning the launch of BitTorrent’s token BTT to streamline the process of peer-to-peer data sharing on BitTorrent platform.

Another cool stride of Tron has been the success in attracting many top application developers to use the network’s blockchain to develop their decentralized apps as well as convincing many to transfer their applications from other networks onto Tron.

Sun-led blockchain company also did a great job at developing the real-life use cases’ roadmap with BitTorrent, one of the famous data sharing platforms by forming a project dubbed as the Project Atlas, which will go a long way in realizing Tron’s vision of forming a decentralized web.

The accomplishments mentioned above are the ones that have gained recognition by many experts and are considered to be the key ones to take the crypto onto new heights when the next bullish trend comes.

Image courtesy of PixaBay.

Filed Under: Tron News Tagged With: Tron Station, Tron Tokens, TRX

Tron keeps making right moves and securing accountable accomplishments

February 5, 2019 by Waqas Sattar

If we look at the first month of this year, the reports are kind of scary in general for almost all of the digital currencies followers. Where bears had continued to tighten their grip on the major cryptocurrencies one day or the another, genuinely testing the faith they have had develop within their communities. When it comes to Tron though, the matter has not been the same for the 8th largest cryptocurrency in the world, in many regards.

It’s not that the Sun-led cryptocurrency completely saved itself from getting affected from the bearings, but the effect it has had on Tron is nothing compared to what it had on the top 10 cryptocurrencies of the crypto-sphere.

In fact, Tron is the only digital currency in the top 10 list which has had a significant positive ride in the past month. Tron managed to gain 35% in the meantime where other giants of the market struggled.

#TRON is off to a fast start in 2019, far outperforming all other coins in the Top 10 💹

In the last 30 days, the price of #TRX is up +35%

By comparison:#Bitcoin lost -9%#ETH -23%#XRP -14%#EOS -12%#BCH -29%#LTC +1%#XLM -29%#BSV -29%.#HODLTRX 🖖🏽https://t.co/rlyPaDmM7B

— Misha Lederman (@mishalederman) February 1, 2019

Compared to Tron, Bitcoin dropped 9%, Ethereum lost 23%, XRP fell 14%, EOS dropped down by 12%, Litecoin managed to rise by 1%, Stellar dipped 29%, and Bitcoin SV lost 29%. In the course of its gains, Tron also managed to secure the 6th spot, temporarily, leaving Litecoin and Tether behind.

To talk about the developments and accomplishments which caused Tron to secure such magnificent results during the time when all other major cryptocurrency struggled, the first thing that outshines all is the Dapps influx.

The lucrative offers it ensures such as no GAS fees and higher TPS (Transaction Per Second) have caught the attention of the Dapps creators who were getting sick of the overcrowding on the Ethereum platform. Because of this, a considerable number of the Dapps moved onto the Tron Network along with six applications which are rating in the top 10 at the moment.

On the other hand, the BTT token of the Tron’s acquired BitTorrent is also one of the favorite gossips of the sphere. Tron’s Project Atlas looks promising to encourage seeding on the BitTorrent network, which has a massive base of 100 million, by linking it with BTT token which is hosted on the Tron network and will serve as the payment instrument on the Torrent Network. Tron hopes to increase its adoption further and attract more famous applications to move onto the network.

Can Tron maintain its magnificent stride?

Yes, Why Not? Having Justin Sun as a CEO, whom energetic marketing skills of keeping the community well informed about the upgrades and potential partnerships through his timely tweets on twitter won’t just let the hype subside. Also, there is massive support around for Tron no matter if it’s on Twitter, Telegram or Reddit.

And of course, selling the BTT token on the Binance Launchpad in a record 14 minute, raising over 7 million dollars is not something you can ignore easily.

There were lots of negativity about the project when it started, many people were accusing it to be a scam, but over the period of time, they have changed their minds now. Interestingly, the prominent rating agency Weiss Crypto rating, who was among those haters, also confessed that Tron truly has become as one of the most popular currencies in the world, which undoubtedly negate their initial opinions about the project.

Image courtesy of Pixabay.

Filed Under: Tron News Tagged With: TRON (TRX), TRX

Binance lists BTT, available for trade in 3 pairs

February 3, 2019 by Waqas Sattar

A couple of days ago, Justin Sun, the founder and CEO of Tron, the 8th popular cryptocurrency in the world, informed the crypto enthusiasts through his twitter account that BitTorrent’s token BTT, which is based on Tron’s TRC-10 cryptography, has been officially launched on Binance (which is considered as the global leader in terms of trading volume in crypto verse).

Interested people can trade BTT with Binance (BNB), Bitcoin (BTC), and Tether (USDT), the tweet concluded.

#BTT was officially launched on @binance, you can trade BTT/BNB, BTT/BTC, BTT/USDT. Happy trading. $BTT pic.twitter.com/UMsYFcpTTb

— H.E. Justin Sun 孙宇晨 (@justinsuntron) January 31, 2019

Binance, which unquestionably has established themselves as the most vibrant digital currency exchange in the crypto-sphere, has been working with BitTorrent and Tron to launch TRC-10 based token BTT and to conduct the public sale (ICO) of the said token on its launchpad which was held few days ago and caught attention when it took unimaginably short time to complete the sale.

Changpeng Zhao, the CEO of Binance applauded the process where 59 billion BTT were sold under 18 minutes. Later Justin Sun, the CEO of Tron also talked about it on twitter.

“It is official: In the BNB session, all 23.76 billion BTT were sold to token sale participants within 13 minutes and 25 seconds. Meanwhile, in the TRON session, all 35.64 billion BTT were sold within 14 minutes and 41 seconds. #BTT $BTT #BitTorrent #TRON”

The news brought a lot of excitement to the Tron community, and they have welcomed the news with open arms and thanked the news bearer in their own unique whole-heartedly way.

Tnx for all Justin. You are the king!!

— Eko (@eko04031980) January 31, 2019

Another Tron lover encouraged the efforts of the crypto creator by saying they have their total faith upon him and wish to see him make another miracle like what he did with TRX.

We believe in you @justinsuntron , make your miracle again as you did with TRX

— TheArchitect (@ar31t3ct) January 31, 2019

More about BTT

BitTorrent’s users will now be able to utilize BTT (BitTorrent token) as a medium of exchange to tip content providers, purchase downloadable media, and also to participate in crowd-funding on BitTorrent.

People will also be able to use BTT to reward the original owner of the files shared on the platform. In simple words, the token will serve as the payment instrument on the Torrent Network.

The idea behind the creation of this token is to streamline the already running process of peer-to-peer file sharing on the BitTorrent platform, which has a large user base of hundred million, said by Justin Knoll, leader of the BTT protocol, Project Atlas last week.

Image courtesy of PixaBay.

Filed Under: Tron News Tagged With: Binance, BTT, Justin Sun, TRC10, TRX

Tron gets added as a pair on BitBNS with Tether

January 31, 2019 by Waqas Sattar

Today’s market status looks sunny for all the cryptocurrencies as everyone in the crypto-verse (except few) is trending in green, which indeed is a sigh of relief for all the project enthusiasts and authorities.

To talk about Tron, the 8th largest cryptocurrency in the world, if to be named as “warrior”, would not be inappropriate. It is just so, where all the other crypto-currencies were struggling in the bearing trend since the mid of November, Tron not just fought gallantly but also the developments it made and landmarks it achieved during that period to ensure its reliability has started to pay off well.

The past eight weeks have been great for Tron where it has made almost up to 160% gains. Remember, it is that time when bears have had a tighter grip on all the other giants of the crypto-market let alone Bitcoin. This magnificent stride clearly indicates that Tron is experiencing very positive momentum in the crypto-verse.

Just a couple of days ago, Weiss Rating, the independent rating agency which we all know became a substantial name in the crypto-sphere made it public stating, despite the fact that we used to criticize Tron pretty harshly, it has proven its massive popularity in the world.

To talk about the latest achievement for Tron; the day before yesterday BitBns, one of the renowned exchange from India announced that they are going to launch the USDT trading pair for Tron. In its release on Medium, they made it public that the pair will be live from 08:00 PM on 29/01/2019 (that’s already a done-deal, obviously).

TRX – Our newest member to the USDT Market.

Open Orders are enabled

Find Out Trade Time Here 👉https://t.co/mPKdwg9DfA#Tron #TRX #Cryptocurrency pic.twitter.com/bhAqjJpczY

— BNS (@bitbns) January 29, 2019

BitBns, which didn’t have crypto-to-crypto trading feature until a couple of weeks ago, in response to the ban imposed by RBI (Reserve Bank of India) on Indian crypto companies for using banking services, took the initiative by adding 3 trading pairs with Tether (USDT). The newly announced pairs were USDT-BTC, USDT-XRP, and USDT-ETH. The company had also promised to add more pairs soon. Launching USDT-TRX pair is the fulfillment of that promise.

In its release, BitBns also hinted at its one of the visions for 2019 – to better themselves in making crypto trading effortless and simplistic. They believe that these launching of pairs with Tether is going to bring their vision on the achievable sight.

Tron’s stride at the moment

As we mentioned in the beginning, today’s been slightly good for the digital market so far (hope will continue to be the case). Where every other digital asset is progressing and recovering from the brutal lost, they have had in the recent days.

Tron is down by 1.42% in the past 24 hours, but Justin Sun-led cryptocurrency is not too far from securing the 7th spot from LiteCoin. At the press time, Tron is available for trade at $0.0272 and has a total market capitalization of $1.818 billion.

Image courtesy of PixaBay.

Filed Under: Tron News Tagged With: Cryptocurrency Exchange, Tether, TRON (TRX), TRX, USDT

New York DFS allows buying Bitcoin with debit cards on LibertyX supported ATMs

January 29, 2019 by Waqas Sattar

Although, this week has started badly (again) for the whole crypto-market where every other currency is in the continuous downward streak, testing the emotions and faith of the crypto enthusiasts towards their beloved digital assets. Nonetheless, even in the worst of times, if there is a smaller positive happening, one must cherish it to keep their hopes in the balance because as they say, all great changes are preceded by chaos.

Some encouraging development for the crypto lovers from New York is coming up as they can now use their debit cards to buy Bitcoin at any selective ATM across the city. Thanks to the city’s Department of the Financial Services (DFS) without whom it may not be possible who, just last week, granted licenses to the Robinhood Crypto and LibertyX.

This service is going to be provided by LibertyX who has been keen to make the process of buying cryptocurrencies easier (like buying it from nearby ATM) all over the country.

In February 2014, LibertyX launched its first Bitcoin ATMs in Boston’s South Station, which is regarded as one of the country’s busiest train stations. It then went on the to expand its network by adding further ATMs at various locations including Harvard Square and MIT.

As though this latest decision by the New York’s Department of Financial Services will provide its inhabitants relatively comforting opportunity to buy Bitcoin, but is going to prove as a significant stride towards becoming the front-runner in the realm of financial technology innovations and banking. Talking about their decision, the officials said:

“To date, DFS has approved sixteen charters or licenses for companies in the virtual currency marketplace. In New York, LibertyX, which will provide consumers the sale of bitcoin through debit terminals, is the first [NY]DFS virtual currency licensee to allow customers to use debit cards to purchase bitcoin from traditional ATMs.”

Last year, LibertyX partnered with a renowned ATM Manufacturer company, Genmega and launched the country’s first ever debit Bitcoin ATM. Through this ATM, the process of buying Bitcoin was made quite easy as it was integrated to match the regular withdrawal process. Including New York now, over 10,000 ATMs are providing the facility all over the country.

To enjoy the service, a user is required to merely download the LibertyX cell phone app on their gadget and register an account. Once the account is approved, then the account holder can purchase Bitcoins by spending almost up to 3ks every other day.

Enthusiasts of the digital assets have welcomed the steps taken by the regulators such as granting licenses to the cash-to-bitcoin onramp network, LibertyX, as it will be immensely helpful to enable the broader crypto adoption in our regular businesses.

Filed Under: Bitcoin News Tagged With: Bitcoin (BTC)

LoveHearts Token Swap is almost ready

January 15, 2019 by Waqas Sattar

LoveHearts is a cryptocurrency which has been working to make itself Tron-based. In order to do that, the coin disappeared from all exchanges not too long ago so that the migration towards Tron’s TRC20 technology could be achieved.

As a Tron-based digital asset, it will be available at Tronlink (Tron’s Wallet, which is free and simple to use as it’s a Google Chrome browser extension). The LoveHearts team announced a couple of days ago that the 1:1 swap functionality for LoveHearts TRC10 works perfectly and that everything is ready for Tronlink to support it.

But the swap is not completed yet because TronScan must whitelist LoveHearts TRC20 before it’s visible (thus, tradable) for users and holders.

So the full token migration is still a few days away, but it would seem that everything in the process is running smoothly as the technical teams from both Tron and LoveHearts keep working together to make things happen.

https://twitter.com/LoveHeartsToken/status/1084092995400593408

What LoveHearts is up to, I hear you ask? It’s a very peculiar cryptocurrency that you can send to anybody you want in the world using only a Telegram or a Twitter message. It’s as simple as that. The project’s motto is “Sending LoveHearts shows you really care”. Users of this digital asset call themselves the “Heart Army”, and the idea is to reward good tweets with LoveHearts tokens instead of just clicking the “like” button.

Moreover, the coin has an actual use case. It’s secured a strategic partnership with HummingPay.io (an international remittances service that is also Tron’s partner) that enables members of the Heart Army to send their tokens in the real world and collect them as local fiat currency.

The currency issued ten billion tokens at the beginning. But after several burns, the current supply is of two billion.

LoveHearts came to life last October and it’s been very active supporting a few selected charitable causes. It recently became listed at two exchanges and, now, as the migration is wrapped up, it will be listed at every Tron-based decentralized exchange.

The migration will make LoveHearts an integral part of the Tron ecosystem which means that Heart Army members will be able to take their tokens, and trade them into TRX (or any of the other TRC10 or TRC20 tokens at Tron’s exchanges) and use them in any Tron decentralized application they could fancy. Or they can keep them and use them at the LoveHearts lounge, which will be an online shop (probably in Telegram) in which those tokens will buy you some goods and services.

More projects keep choosing Tron as their platform. Decentralized apps of all kinds, smart contracts keep arriving in this blockchain, and many of them also issue their own TRC10 or TRC20 tokens to support their project. This, in turn, makes Tron interesting for even more people and it also creates new trading volume for TRX, which also drives demand up. And that’s how any coin’s price actually goes up, besides from sheer speculative pressure which is so unreliable.

Image courtesy of PixaBay.

Filed Under: Tron Tokens Tagged With: LoveHearts

Tron (TRX) gets listed on BBX crypto exchange; the lion is roaring

December 21, 2018 by Waqas Sattar

What a heartening week this has been for the crypto-sphere. Outliving the intricate era of confusion, bewilderment, and bafflement, the market is now, at last, on its course towards roaring. For the entire week, every other digital currency in the market has gained significant uplift after a dwindling period of one month. Same has been the case with rapidly growing blockchain-based platform, Tron.

At the press time, Tron is shining at the 10th spot in the market and has secured a surge of around 55% throughout the last seven days. The cryptocurrency managed to raise its trading price to $0.020 with a significant uplift in the market capitalization.

That’s not just all, the chances of its glittering are very well there. Why are we so confident about it? Well, for us the answer is the continuous diligent expansions in the Tron’s armor to make it the ever more secure for its prudent community. We will look at those developments a bit later. For now, have a glance at the latest increment to the platform’s armor.

From December 20th, yesterday, Tron is listed on the BBX.com, a crypto-based contract trading platform. The exchange is going to initiate the TRX/USDT trading pair for its users.

In his tweet yesterday, Justin Sun, the Founder and CEO of Tron, shared the advancement with his devoted community by admiring the firm’s secure, swift and easy to trade platform, worldwide.

#TRON will be listed on @BBXCOM, a leading crypto-based contract trading platform committed to offering secure, convenient and advanced trading experience to global users, with leverage up to 100x. You can trade TRX/USDT on Dec, 20, 2018(SGT). #TRX $TRX pic.twitter.com/AvtqV9RqGK

— H.E. Justin Sun 孙宇晨 (@justinsuntron) December 19, 2018

Just like any critical observer would perceive, the news brought a lot of energy around the community and amplified their passion for their beloved crypto and encouraged them to grab the opportunity that they might be waiting for a while. One observant appreciated the news by saying, Tron is taking some mega price actions and urged his fellows to be prepared for the exuberant voyage. In his words,

https://twitter.com/FernandoLiu5/status/1075348125789900801

Another devoted follower of Tron shared his excitement by committing himself to start trading on the exchange; he commented on the news as follows:

Wow, I jxt can't wait to start trading

— Theophilus Alabi (@TheophilusAlab3) December 19, 2018

Now, as we discussed earlier, let’s take a brief look on few of the recent developments on the Tron platform, which not only made it the less affected crypto from the last month-long bearing but also helped in shaping it as the next shinning digital currency one should keep an eye for.

One of the major landmarks for Tron is that it has been listed on many top-notch trading platforms (still continuing to do so). Because getting listed on globally famous trading exchanges with favorable pairs provides its community with access to the crypto for trading anytime they wish to, in a secure and speedy environment.

One other project that is being greatly appreciated by the community is its Tron Accelerator Program, with a jumbo fund of $1M to help decentralized applications that are in their start-up phases. As the name of the project implies, the central perspective of the project is to increase the growth of decentralized apps on their platform. In doing so, the Foundation hopes to be reckoned as a catalyst for the adoption of dApps.

Another project that has been massively regarded by the crypto-community is its “Tron Arcade” program with $100M in its pockets, which will be spread throughout three years. The objective of the crypto-authorities is to accelerate its adoption and to improve the gaming wing of the company.

During its launch, the Tron’s head of Business, Roy Liu expressed his vision for the project that it is to help the crypto entering the gaming industry. He went further by acknowledging the rapid growth of the gaming industry. He stated:

“Our mission is to bring the blockchain to the mass market. Games led the way to make smartphones and virtual reality more accessible. Now it’s happening with blockchain”

Image courtesy of Pixabay.

Filed Under: Tron News, Tron Universe Tagged With: Cryptocurrency Exchange, TRON (TRX), TRX

Tron strikes big (again); TRX hits BitMart, exchange with over 540k users

December 19, 2018 by Waqas Sattar

It seems like the month-long cruel bearish trend comes to an end as all the cryptocurrencies in the crypto-space are taking the sigh of relief and starting to ascertain what the recent brutal period has affected them in whole.

While all the giants of virtual-sphere struggled to keep themselves from getting thrashed, there were several instances for the rapidly growing blockchain-based decentralized operating system in the world, Tron, to have achieved exemplary landmarks even during that period.

While it achieved a million transactions per day, more than once, it also succeeded in gaining recognition from few of the top-ranked exchanges in the world. Just a few days ago, Tron also broke the record of 2.53 M transactions per day, to name few of the significant developments of the platform. Seems like the tireless efforts, dedication and on-time decisions of the foundation’s authority are paying off well.

The stride to become the leader of the crypto-verse does not just halt there. Just a couple of days ago, the CEO of Tron, Mr. Justin Sun, took to the Twitter for announcing its another, not easy to be ignored, development. According to his tweet, Tron is going to be listed on BitMart, one of the top 15 exchanges, starting from December 18th:

#TRON will be listed on @BitMartExchange, a premier global digital asset trading platform in the cryptocurrency market with over 540,000 users worldwide. can deposit and withdraw #TRX on Dec, 18, 2018(SGT+8), trade TRX/BTC, TRX/ETH, TRX/USDT, TRX/BMX on Dec, 18, 2018(SGT+8). $TRX pic.twitter.com/nafcmgLy3a

— H.E. Justin Sun 孙宇晨 (@justinsuntron) December 17, 2018

From December 18 onwards (yesterday), Tron enthusiasts now will be able to withdraw or deposit TRX on BitMart alongside over a half million users, globally, of the digital asset trading platform where it will be paired with Bitcoin, Ethereum Tether and the BitMart’s native token BMX.

Understandably, the announcement brought considerable excitement in the crypto-community who appreciated the news-bearer as follows:

Oh waoh! That's great

— elohex (@elohex) December 17, 2018

Another Tron lover applauded the efforts of the CEO of their beloved crypto by insisting on the fact that he is doing great work and should continue to do so, says a lot about their excitement on the recent happenings on the platform:

Keep on going, Justin!

— stangg (@stangg0) December 17, 2018

More about BitMart

BitMart is a top-notch digital asset trading platform in the virtual market with over 530,000 users globally. BitMart, at the moment, provides 147 trading pairs at lowest trading fees (competing with some) in the market. Recently, the platform initiated credit and debit card deposit options and is planning to offer full fiat services by the end of this year.

About a couple of weeks ago, BitMart announced that they are going to list TRX on their platform because they believe that it will help them to “reach a consensus in the blockchain community.”

Founder and CEO of the exchange then commented on the development by saying,

“Public chains give developers, and users access to the network with only one entrance and are based on one set of standards. As BitMart’s long-term vision is to help reach a consensus in the blockchain community, our partnership with Tron will undoubtedly facilitate us to achieve this ambition based on our shared goals.”

Tron’s Current Position in the Market

At the time of publishing this piece, Tron is making a positive stride in the market with the price standing at $0.016 by maintaining 11.5% gains in the past 24 hours while having the market cap of $1,069,736,280.

Image courtesy of Pixabay.

Filed Under: Tron Exchange, Tron News, Tron Universe Tagged With: Justin Sun, TRON (TRX), TRX

Trading Tron gets quicker and easier as TRX makes it to SwftCoin

December 14, 2018 by Waqas Sattar

Just a couple of days ago, Tron’s Tronwallet got upgraded with the addition of Decentralized Exchange (DEX), where 5 new pairs have been announced. The stride to magnify their community’s passion does not just pause there.

In one of his recent tweets, Justin Sun, the creator and the CEO of Tron, announced that, to make the crypto trade safer and faster, they have partnered with the cross-chain wallet app Swftcoin. Users now will be able to trade TRX through Swftcoin at low fees and excellent speed, as it utilizes AI & patent-pending cross-chain transfer algorithm.

TRX is available on @SwftCoin, a one-stop, cross-chain wallet app that enables users to trade crypto simpler, faster and safer. Utilizing AI & patent-pending cross-chain trasfer algorithm, users can enjoy best rate and low fees. #TRX $TRX #TRON pic.twitter.com/cLjF6bOCDQ

— H.E. Justin Sun 孙宇晨 (@justinsuntron) December 12, 2018

What’s SwftCoin all about?

SwftCoin is basically a globalized platform for the transfer of digital currencies. The platform provides one-click transaction service which takes merely up to 1 minute to complete the transaction. SwftCoin’s asset transmit services are available for the crypto community on both mediums; website and mobile application.

The main objective of the platform is to better the potency of crypto-sphere by providing cheap, thoroughly-protected and impenetrable transaction services, which is achieved by incorporating AI algorithms, the blockchain, extensive learning, and big data.

The transition of assets through SwftCoin is quite fast and easy to follow because of the cross-chain technology it uses. Also, its AI algorithms help the crypto-community allocate their virtual estate if they wish to.

Tron: What’s more to come

In its weekly report, the Foundation hinted at few of its future plans. They are going to launch Tron Ecosystem Co-builder Plan to support freelance developers, dApp developers, Tron-backed startups and more by catering a permanent platform for them to communicate and to be in cahoots with the Tron foundation. Though the exact date of the launch has not been revealed, the news surely has brought some excitement to the community.

Not too long ago, another interesting announcement came by the Sun-led Foundation in the form of Tron Accelerator program. The program will be promoting innovative ideas and rewarding the best with $200,000. Along with that, they also have a plan to award over 55 teams. Up until now, more than 7000 views have been cited and beyond 100 teams already have signed up for the Tron Accelerator contest.

TRX market right now

For the last 24 hours, the market as a whole hasn’t salvaged any breath even after a long four weeks bearish trend, with most of the cryptocurrencies still in the red, according to the CoinMarketCap. Tron is trading at $0.01309, with a little decrease of around 2% throughout the day. The coin boasts $867,468,760 as its current capitalization.

Image courtesy of Pixabay.

Filed Under: Tron Exchange, Tron News, Tron Universe Tagged With: TRON (TRX), TRX

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