The cryptocurrency market has seen steady progress over the last few months, despite the spread of COVID-19. Popular cryptocurrency organizations have reassured users by launching new features and listings that are bound to make the industry more streamlined and wholesome.
In a bid to onboard new users to the Tron ecosystem, Justin Sun, its founder and chief executive officer, has recently announced a new collaboration. On June 16, Sun tweeted that both the JUST coin and the USDJ token were listed in CryptoLocally, a popular crypto exchange.
According to the latest reports, both tokens will be available to buy and sell from anywhere in the world while at the same time they will be available for fiat exchange. Sun and the Tron Foundation have been pushing the envelope for advertising related to both the JUST token and the USDJ stablecoin. Although the launch was conducted with a lot of fanfare, the community was on the fence about the latest update.
📢 $JST and $USDJ are now available to trade on https://t.co/UrkxywkWaY📢
To celebrate the listing of these 2 tokens, @CryptoLocally is giving away $500 USDJ!🔥
To participate simply click here >>> https://t.co/g7LgAjUnMr pic.twitter.com/7NhhxiiOp7
— Justin Sun (@justinsuntron) June 15, 2020
While Justin Sun and Tron continued their USDJ promotions, Cryptolocally conducted their own giveaways and events. On June 15, the cryptocurrency exchange announced a JUST giveaway where participants had the chance to win up to USD 500. To enroll in the competition, participants needed to sign up for CryptoLocally.com and then trade USDJ on the platform. Each CryptoLocal trade was calculated as a single point. CryptoLocally has revealed that the competition will continue for a week and is expected to end on June 22nd.
At the end of the competition, three winners will be chosen who will have access to a prize pool of $500. The release from the company stated:
“If any prize or prize notification is returned as undeliverable, if any potential winners reject his/her prize or in the event of noncompliance with these giveaway rules and requirements, such prize will be forfeited and may be awarded to an alternate winner from all remaining eligible entries (time-permitting). Upon prize forfeiture, no compensation will be given.”
CryptoLocally has been quite busy over the past couple of weeks as the giveaway competition was not the only development in the company’s kitty. The exchange has also partnered with the MEET.ONE wallet to provide customers with a secure and decentralized platform connected to EOS. MEET.ONE functions as a multi chain decentralized wallet which is part of the MEX exchange. Customers will also have access to an AI Grid Trading Bot that will make it easier for them to trade.