Tron and its founder Justin Sun have been in the news multiple times recently due to updates and developments in the cryptocurrency industry. Tron has also successfully managed to create tie-ups with other organizations in a bid to boost its mainstream appeal. In a recent Twitter post, the CEO and founder revealed that the TRX token was listed on Senbit, a cryptocurrency exchange.
Both the companies have stated that the deposit time is at 15:00 SGT on November 19, while the trading time was 14:00 on November 11. The listing was just one of many developments that have propelled Tron and its value upwards for the past couple of weeks. The 11th ranked cryptocurrency was trading for $0.017, with a total market cap of 1.16 billion. TRX held a 24-hour market volume of $988.5 million after a significant 8.66 percent fall in the past 24-hours.
The Senbit acceptance comes after Justin Sun had confirmed that Tron would begin trading on Poloniex, one of the most popular exchanges on the planet. Poloniex’s official blogpost noted:
“We are pleased to announce that TRON (TRX) is coming to Poloniex soon. Customers will be able to post limit orders for TRX/BTC, TRX/USDT and TRX/USDC pairs on 2019/11/12 at 15:00 UTC (“Post-only” mode). Full trading of TRX will be enabled shortly after this date. Be on the look-out for TRX deposits and withdrawals to be enabled in the coming days.”
Justin Sun has ensured that listing on exchanges remains a crucial priority for the cryptocurrency organization, whereas preparation has been ongoing for the creation of Web 4.0. This was further emphasized by the asset’s addition to John McAfee’s McAfeeDEX. The listing, however, occurred a week after the proposed date of November 8. The exchange has also drawn the ire of regulatory watchdogs such as SEC and IRS, the latter of which has been after McAfee for the past eight years.
The delayed launch was addressed by McAfee, who claimed that a developer committed the error. McAfee’s tweet read:
“TRON IS LIVE ON http://MCAFEEDEX.COM 🙂
Sorry for the week delay. We have disciplined the developer responsible. We are making him write: “I don’t ever want to waterboarded again” 200 times on the chalk board:).”
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.
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