Reports came out earlier today that the first decentralised exchange on the TRON network which offers the TRC20 token trading was launched. The exchange is known as TRX.Market and it is also the first decentralised exchange that isn’t within the tronscan.org platform which only provides for the TRC10 standard tokens. You can see the tweet below:
Breaking news! #TRXMarket the first ever decentralized exchange of TRC20 token based on #TRON was launched at 04:00(UTC) on Dec 12. We’ve listed #BET #FUN and #GOC today. $TRX #TRON Get started to trade on #TRXMarket! Visit：https://t.co/4P0DXV7mOF @justinsuntron @TronFoundation
— TRXMarket (@TRX_Market) December 12, 2018
The team at TRX.Market continued to mention that the high throughput, which is clear in the TRON network, will allow an improved trading performance for investors and traders alike using the platform. The above tweet mentions three trading pairs including, GOC/TRX, BET/TRX and FUN/TRX.
With these three trading pairs, the total overall trading volume is around 2.288 million TRX since the launch earlier today. A TRONLink account will be needed for the access of the features on the exchange. If you are a developer who wants to list his/her tokens then they will need to fill out a simple token application form online.
“The exchange also offers users the convenience of a chat group on Telegram where they can discuss ideas and other trading related topics. The Telegram chat can be found by following this link.”
The current price of TRX is $0.013529 according to CoinMarketCap and the cryptocurrency is sitting at the tenth spot on the top 100. Currently in the green, TRX is up by 2.76 percent over the past 24 hours.
It’s worth noting that we are not financial advisors and this is not financial advice. Investing in cryptocurrency is very risky, so only invest based on your own research and invest with money you can afford to lose, always remember to trade safe!
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