Tron and Simplex partner to provide TRX via credit cards

The Tron Foundation and Justin Sun have worked in tandem to ensure that the company’s mantra of ‘decentralizing the internet’ is achieved soon. This has been evidenced by the sheer number of updates and developments from the Tron roster, complete from blockchain updates to multiple partnerships with other organizations.

The latest Tron tie-up was with Simplex, a credit card system. The Foundation tweeted:

“#TRX is available on @SimplexCC, #TRONICS can buy $TRX via credit card through @SimplexCC. #TRON”

The platform offers credit card processing around the world with no exposure to fraud. The partnership between Tron and Simplex is aimed to ensure that users will be able to purchase TRX tokens using a credit card at no risk whatsoever.

Tron has claimed that Simplex’s usage of AI to offer fraud-free payment processing across the globe is one of the main reasons for the tie-up in an ever-changing financial world. Tron is not the first company in the cryptocurrency space that Simplex has partnered with, as bigwigs like Binance, KuCoin, and Changelly are also onboard the bandwagon.

Tron was also in the news recently when the Opera browser added TRX wallet support into the browser’s workings. Sun had stated:

“Opera is one of the most important software companies in the world. They are bringing security, privacy, and dynamic cryptocurrency capabilities to hundreds of millions of users. We are proud to connect the largest, active blockchain ecosystem to the best web browser ever built.”

The Opera tie-up was intended to extend Tron’s inherent benefits like high throughput, low-cost transactions, and low barriers to entry. Opera claimed that they intend to extend these benefits to a growing global audience while demonstrating the capabilities and versatility of blockchain technology.

The recent developments have still not propelled Tron up the cryptocurrency charts with the TRX still languishing in the 11th position. At press time, Tron was trading for $0.014 with a total market cap of $994.68 million. The 24-hour market volume for the cryptocurrency was $715.44 million, a marked dip after a 4.31 percent fall in price in the 24-hour time frame.

Disclaimer: The presented information is subjected to market conditions 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.