Justin Sun, Tron’s CEO and founder, took to his Twitter account to thank OKEx for supporting Tron, and TRX. And what is OKEx, we hear you ask?
OKEx is a cryptocurrency exchange based out of Kuala Lumpur, Malaysia. It was founded in 2014. The platform is web-based and offers hundreds of trading pairs in cryptocurrencies. But unlike most other platforms, this one offers futures on digital assets, and it’s available in more than a hundred countries all over the world.
It boasts millions of users. Its BTC CFD’s have a daily trading volume beyond 1,500 million USD. And some observers consider this exchange for being the golden standard in the cryptosphere. Yes, that remains an arguable proposition, but it’s still not that far from reality.
— Justin Sun (@justinsuntron) March 7, 2019
This website operates under the assumption that blockchain technology will get rid of all barriers in transactions (domestic or international), it will increase transaction efficiency and, sooner or later, is going to change the shape of the global economy. The platform strives to come up in a product that can help improve the world through innovation and improved customer experience.
The news is that OKEX is now adopting trading pairs that include Tron’s Tronix cryptocurrency (TRX). Which is a piece of excellent news for Tron, for Tron holders, but it will also be very good news for OKEX very soon.
The platform will do several giveaways to celebrate Tron’s arrival into the platform from today until March 14th, which are very interesting and that you can find here: https://www.okex.com/activity/voteCoin?activeId=401.
Tron is a third generation blockchain with an obvious objective. According to Justin Sun’s vision (the project’s founder and current leader), the blockchain is the ideal means to create a new web that’s 100% decentralized. That needs a blockchain network, for sure, and digital currency.
But even more critical are the decentralized apps that the network can support and the deployment of smart contracts. And Tron has all of those resources ready and deployed.
The project even has an ace hiding under its sleeve. It’s called Project Atlas. It will merge BitTorrent, the world’s largest decentralized network since a very long time ago, with the Tron blockchain.
That move alone will turn Tron into the world’s largest decentralized network, the world’s foremost content provider, and the most active blockchain in the planet.
Oh yes, regarding activity and transactions, even Bitcoin will not be able to compete. Keep in mind that BitTorrent includes more than 100 million individual users each month.
So the new announcement benefits everybody involved. The exchange gets a new coin to trade, which is supported by a very bullish and active community. Tron and TRX holders will see trading volumes increased which will, in turn, raise the token’s value. So everybody wins.
The central fact about Tron (and a handful of other young blockchain projects) is that they have solid fundamentals. So, while their prices are not exactly soaring right now, chances are they indeed will in the future. The reason for that is that, as the next bull run comes, the market will be able to tell the difference between coins driven by sheer speculation, and those that have some real use cases.
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.