Ddex.io is a decentralized cryptocurrency exchange. It’s quite innovative as it’s the first one built on the Hydro Protocol. That allows for users to settle their business in real-time and on-chain.
It’s available through the web but also as a mobile app for both Apple and Android smartphones. It supports many of the world’s most popular digital wallets such as Ledger, Metamask, or Brave.
And that support for wallets is one of the platform’s more exciting features because it allows users to trade without ever depositing a single token in the website. You can trade from the security of your own preferred wallet.
According to one happy user,
“The ability to buy and sell tokens directly from my ledger is the ultimate form of security. Decentralized exchanges are providing the safety and security that crypto desperately needs!”
It has a wide selection of trading pairs which include most (if not all) ERC20 tokens, which are those issued using Ethereum’s token technology.
Ddex is safe and convenient at the same time (which are two mutually exclusive characteristics in most cryptocurrency exchanges), innovative, easy to use. And it’s just about to list a new token in the site. That new token is called Tron Weekly Journal (TWJ).
It will start by listing it paired against Tron’s TRX which makes sense because TWJ is a Tron-based token. Then, by next May a new pair will be available against the USDT.
The Tron Weekly Journal
The Tron Weekly Journal is a project within the Tron ecosystem which aims to be a place to concentrate all the ongoing information everywhere on the Tron Network. Tron has grown so much and so quickly, that keeping up with the news has become very difficult. The idea is to have a place where you can find the Tron-related news you need to make decisions and keep your blockchain projects moving forward.
The website (and the project) issue a Tron-based cryptocurrency called simply TWJ (Tron Weekly Journal). The use cases for the coin are quite simply to keep the website going by providing means to exchange value between the project, collaborators, sponsors, advertisers, etc. You can think of it as a newspaper’s own currency.
Exposure to a market as efficient and large as Ddex will surely be a very good thing for the token’s price. Trading volumes will go up; holders will come to know about the TWJ project and its use cases and actually spend those tokens it those ways.
Even those who are not that terribly interested in reading the current news about Tron will be still able to trade TWJ for TRX so they can browse around the Tron Network, vote for Super Representatives, and any of the very cool things we know you can do at Tron.
TWJ is also available for trade at other decentralized exchanges, especially those that support TRX, but there’s every reason to believe that the inclusion at Ddex will be quite a special thing for both parties involved, and, more importantly, for users.
Apart from TronWeekly’s TWJ, the exchange, Ddex listed a couple of other Tron-based tokens today too including Play, Bet, Ante, and Dice.
Image courtesy of PixaBay.
Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.