TRON (TRX), one of the largest altcoins, will be included in the cryptocurrency exchange - Poloniex on November 12. The news comes after the exchange was recently sold to new owners who are reportedly intent on increasing Asia's participation.
TRON will be added to Poloniex
According to official statement TRX, currently the 11th largest cryptocurrency, will be listed on one of the popular Poloniex exchanges. TRX is at a market cap of just over $ 1,1 billion and has a slight increase of around 1,5% at the time of this writing.
From November 12th at 15:00 UTC, users will be able to post limit orders for TRX / BTC, TRX / USDT and TRX / USDC. Only limit orders will reportedly be available initially, and full trading will be enabled "shortly after that date." TRX deposits and withdrawals will also be allowed in the coming days.
Tron's registration at Poloniex was also confirmed by the founder and CEO of the popular cryptocurrency - Justin Sun.
It is worth noting that the Poloniex team recently announced the that they are transforming from Circle into "a new independent international company - Polo Digital Assets, Ltd." Supported by the Asian Investment Group, this spin-off will bring significant resources and freedom to deliver. product features and marketing strategies must be competitive.”
With the recent release of Poloniex from Circle to Asian investment support, listing TRX on their platform may not come as a surprise.
Further updates from Tron
Perhaps the most significant news came when the company announced a partnership with tech giant Samsung. Blockchain from TRON has been added to the Samsung Keychain Block, allowing those using the Keystore SDK to build decentralized applications on it.
The company recently updated its Odyssey protocol. With it, the network's incentive mechanism has reportedly achieved full decentralization as reward data will be available to everyone, thus ensuring that voter rewards are secured.
Just a week ago TRON Foundation объявилthat TRX will also be listed on McAfeeDex, a decentralized exchange recently launched by former antivirus software mogul John McAfee.