Singaporean cryptocurrency exchange KuCoin is going to trade TRON coin (TRX), TRON CEO Justin Sun recently tweeted. Trading starts on Tuesday, August 28, with the first Bitcoin and Ethereum trading pairs.
Given that KuCoin is a popular altcoin trading exchange, this should provide TRX with additional liquidity, as well as help dispel recent rumors that KuCoin's operations are not entirely legitimate.
Tron is also set to launch a custom-built blockchain TRON Virtual Machine (TVM) on Thursday to expand and improve the efficiency of the TRON ecosystem. TVM is also notable because it will be compatible with the Ethereum VM (EVM), meaning that smart contracts on Ethereum can be easily transferred to TRON.
Hopefully, recent developments will bring even greater success to the platform, given that the two-month-old platform has already reached approximately 40% of the total daily transactions carried out by the 3-year-old Ethereum network.
TRX is currently ranked 11th in the index AltDex 100 (ALT100), the benchmark index for cryptocurrencies and large-cap tokens, and KuCoin Exchange's KCS token is ranked 5th in the benchmark index for ALTEXC exchange tokens.
According to sludgefeed.com
You May Also Like
Binance Korea closes 8 months after launch
Cryptocurrency platform Binance Korea will cease operations next month.
Kraken: Bitcoin Cash SV is a high-risk investment
San Francisco-based crypto exchange Kraken, the largest and one of the most secure crypto platforms, has warned users about the risks of trading the new Bitcoin Cash SV (BCH SV) token, saying the fork does not meet all of the exchange's listing requirements.
