Tron Listing announced on Indonesia’s Largest Exchange

Tron has recently made an announcement about the trading start on Indonesia’s largest cryptocurrency exchange platform - Indodax
06 June 2018   575

Justin Sun (Tron founder and CEO) reaffirmed that presently the company might produce Transactions Per Second (TPS) with the speeds of 2000 TPS. The official announcement also claimed that from June 4 the TRX/ Rupiah trading pair is available on Indodax. Indodax announcement declared that Tron had been chosen to be listed due to the token (TRX) being in the top 50 of CoinMarketCap. 

It does not need to go through a community coin voting process. This is consistent with our mission to always add quality digital assets at
Indodax announcement at Finance Magnates

The listing of Tron on the major Indonesian exchange platform was also mentioned on  Twitter by Justin Sun. He reported that deposits begins from June 4th 2018 at 8:00 WIB while trading with Rupiah will be available from June 5th 2018 at 15:00 WIB.

Indodax, the major Indonesian exchange, was founded in 2013. Primarily it was known as Bitcoin Indonesia. Last month the firm was renamed to Indodax. The exchange operates about $20 million in cryptocurrency trading every day. According to the forecasts of crypto sphere experts, the exchanger is to overtake Indonesia’s primary stock exchange in terms of users by the end of this year.

As for Tron, Indonesia is a very significant market due to the number of population in the country that is presently estimated to be over 261 million citizens. At the same time the use of cryptocurrency is forbidden in the country, but trading and mining are  still staying legal.

ABCC Exchange to be 1st to List TRC-10 Tokens

TRC-10 is a token standard supported by the original TRX cryptocurrency blockchain
16 January 2019   121

ABCC cryptocurrency exchange has entered into a partnership with the Tron project and will be the first platform to list for TRC-10 tokens.

This is stated in the ABCC tweet, the news was also confirmed by the founder and CEO of Tron Justin San.

As stated in the developer guide, TRC-10 is a token standard supported by the native Tron cryptocurrency blockchain (TRX) without deploying the Tron virtual machine (TVM).

At the same time, the TRC-20 standard token is used for smart contracts with TVM support and is fully compatible with the ERC-20 standard tokens on the Ethereum platform.

Earlier it was reported that the standard token TRC-10 will form the basis of BitTorrent Token (BTT). The project also plans a tokesale on the Launchpad platform from the Binance exchange.

Last week, the TRX cryptocurrency came in 9th place in terms of capitalization, bypassing the Bitcoin SV.

As of Wednesday morning, January 16, the TRX price, dropping 3.97% over the day, was $ 0.024. Cryptocurrency capitalization was $ 1.622 billion.