Indian Crypto Exchanges Zebpay & WaxirX Integrate Tron’s TRX 20 Tokens
The Indian stock exchanges Zebpay and WaxirX declared on July the 23rd the integration with the current Tron MainNet and the new TRX20 tokens.
The Indian cryptocurrency market is fighting against a strong ban on conversions from cryptos to INR (Indian rupee). Against this background, TRX has been able to resume trading with the Indian stock exchanges.
The cryptocurrency space is itself familiar with the migration of tokens and the update movements of Tron's blockchain. TRX has now resumed operations on more than 20 exchanges and has obtained the support of more than 50 exchanges today.
Less than a month after the launch of TRON MainNet, TRX's daily transactions have already reached a maximum of 49,000 per day. Now that the integration of TRON MainNet into WaxirX India has been completed, TRX deposits and withdrawals are active for the platform. But despite the termination and compatibility, TRX cannot be withdrawn or deposited in INR.
In recent comments by multiple Twitter users, exchanges have been asked to convert, with their respective INR deposit and withdrawal dates. But, the exchanges cannot resume the conversion of the INR until the Supreme Court (SC) of India has approved a notification to that effect.
On July the 3rd, the SC of India held the hearing of Internet and Mobile Association of India, IAMAI vs RBI. According to the reports, SC had not granted a temporary suspension of the ban. Due to the ban, changes in cryptocurrency have stopped INR deposits, withdrawals and services. Discussion of the matter was scheduled for July the 20th, but was later postponed until September the 11th.
On July 23, Tron also announced its partnership with Asia's largest social media investor operator, Minkabu.
Justin Sun wrote a tweet:
“#TRON #TRX Japanese #TRONICS can follow $TRX on @minnanokasotuka, the operator of the largest social media for investors in Asia. Its core functions are world unique “real-time” financial information through its “crowd analysis” and “automated analysis”.”
Minkabu claims to be the largest social media operator for investors in Asian countries. Its basic functions are based on two factors: 1) Crowd analysis and 2) Automated analysis. Both factors are based on real-time financial market information. Minkabu combines its two analyses and provides real-time investment ideas for exchange-traded stocks, including cryptocurrencies.
Tron Japan expressed in one of its posts:
“Minkabu is now expanding its market coverage all over the world and transforming itself from a social media operator focused in financial markets to a next-generation financial information provider.”