TRON Margin Trading to be Launched at OKEx

TRX price had a good reaction to these news, but now there's a correction
11 January 2019   211

OKEx cryptocurrency exchange has added TRX / USDT and TRX / BTC currency pairs to the margin trading section.

With the help of borrowed funds, users of the site will be able to increase positions in the specified pairs three times.

TRX has also been added to the OKEx OK PiggyBank Cumulative Exchange Service.

TRX price had a good reaction to these news, but now there's a correction. 

Tron Price Chart
Tron Price Chart

Earlier, the founder of the TRON Foundation, Justin Sun announced his desire to save the DApps developers Ethereum and EOS from the collapse of their platforms, proposing to transfer their decentralized applications to the TRON ecosystem.

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   122

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.