Justin Sun of Tron (TRX) Confirms Zero Transaction Fees on its TRXMarket
Even though prices don’t reflect, Tron has been slowly laying a groundwork to become one of the biggest names in the crypto ecosystem. There has been a surge in positive news of Tron, such as this one. Although rumored by Justin Sun earlier, the platform has confirmed Zero Transaction Fees.
— TRXMarket (@TRX_Market) December 26, 2018
Transaction fees on the Tron platform hit an all-time low of 0.1% at 7:00 UTC on 14th December. It ranks Tron among the cheapest platforms for cryptocurrency traders to operate. Soon, however, traders will not have to pay anything to transact on the network as the developers behind the Tron Market are finalizing plans to scrap all transaction fees by Friday (21st December).
However, this is not the only progress that the TRX ecosystem is currently making. The Tron Foundation’s last weekly report stated that Tron’s TRC20 Exchange had finally been launched. In addition, the report stated that Tronscan could be used to observe that 9 TRC20 tokens have now been listed on Tronscan, with most projects being dApp tokens.
Justin Sun had earlier Tweeted:
“The best Christmas gift from #TRXMarket 0 transaction fee on #TRXMarket has really come true!! Go trading: http://trx.market #TRON $TRX @justinsuntron @Tronfoundation”
Another recent development (perhaps even more significant than the scrapping of transaction fees) from Tron is that the TRC20 Exchange is now live – it has been live for about one week now. Albeit relatively new, the TRC20 platform has already registered nine tokens – interestingly, analysis by Tronscan has revealed that all these tokens are for decentralized applications.