KuCoin Crypto Exchange Adds Tron TRX Coin Days Before TVM Launch
KuCoin to List TRX on August 28th, Days Before Tron Virtual Machine Launch
Soon, the TRX token will be listed on the KuCoin digital trading platform. Earlier this we, Justin Sun, the founder of TRX’s Tron network, announced through his Twitter account that the digital currency will be listed on the Singapore-based crypto exchange. The tweet also revealed that investors can trade TRX for both BTC and ETH as from August 28th, two days before the inauguration of the much-awaited Tron Virtual Machine.
— Justin Sun (@justinsuntron) August 27, 2018
The mission of the KuCoin exchange is to provide a seamless trading and conversion experience for digital asset traders. Currently, the platform has a portfolio with over 350 trading pairs. Most recently, the exchange announced the listing of the MVP token, the native cryptocurrency of the Merculet ecosystem. As expected, MVP is available in MVP-BTC and MVP/ETH trading pairs.
Previously, the Tron Foundation has announced the listing of the TRX token on the CoinSwitch crypto exchange. Justin Sun also disclosed that the coin trading volume has surpassed the $1 million mark. Since the designation of 30th August as the launch date for the Tron Virtual Machine, Justin has Benn working tirelessly on improving the reputation of TRX, forming multiple partnerships as well as updating its software infrastructure.
Remarkably, Justin says that the Tron Virtual Machine will be compatible with its Ethereum contemporary, enables Ethereum Virtual Machine developers to freely switch to the Tron platform. Furthermore, Tron's alternative guarantees top-notch security, efficiency, stability, scalability, and above all, expedience.
Additionally, the Tron Virtual Machine will leverage the theory of Bandwidth mechanism. All transactions and smart contracts will be free of charge. At the inauguration of the beta version of the service, the Foundation’s CTO declared that the Tron DApp platform will have three divisions, namely Engine tools, Development tools and third-party tools.
Lately, the TRX token has been on an upward spiral, with its growth standing at a respectable 5.7% at the time of writing. The coin's price is $0.023 and its market capitalization value is $1.5 billion. However, the digital currency has been ousted from the top 10 list and is presently ranked at number twelve.