Tron was given a boost in popular cryptocurrency adoption when Justin Sun, the Founder and creator of the number 11 ranked cryptocurrency announced that Bitfinex, the popular cryptocurrency exchange, will start support three TRX pairings with the Pound Sterling [GBP] Japanese Yen [JPY] and the Euro [EUR]. The Tron official wrote on Twitter:
“Crypto exchange @bitfinex adds #JPY, #GBP and #EUR trading pairs to #TRON. #TRX $TRX.”
Bitfinex has created quite a lot of news in the cryptosphere with several traders appreciating the platform for its features and ingenuity. At the recently held Ethfinex Government Summit, Parolo Ardoino, the Chief Technology Officer of Bitfinex delivered a talk about his exchange discussing the recent products, Ethfinex and EOSFinex with the community. Here, he conveyed that Bitfinex created these products to follow an unbiased approach to avoid disputes within the developers’ community.
The updates come in the wake of a bear market that has shocked many investors. Tron supporters have openly stated that the announcements from the house of Tron have come as a sort of reprieve when a lot of the other cryptocurrencies have gone silent on the developmental front. With price movement fluctuating tumultuously, the Justin Sun led cryptocurrency has been trying hard to overtake its rival, Monero, on the cryptocurrency charts.
The community reeling after the announcement, Coin Lis, a cryptocurrency trader and blockchain enthusiast commented on Justin Sun’s Twitter announcement. She wrote:
“I knew some friends who were waiting for the EUR trading pair. They’ll be super excited! #trx #tron #crypto”
Another Twitterati, LockCrypto also put forth an opinion regarding TRX and the Bitcoin correlation movement. The comment read:
“More currency pairs / stable coin pairs means we don’t need to buy ETH/BTC anymore. go #tron level out the play field less correlation to bitcoin movement”