Justin Sun Has Plans For Tron TRX Coin Expansion With More Crypto Exchange Listings

2018-8-18 08:04

With all of the publicity and advancements that the Tron Foundation is bringing about, CEO and founder Justin Sun has not lost focus at all. Despite the recent dips in the market capital for the industry, Sun expressed his intent to Forbes that the company plans to bring in other exchanges still, saying that user adoption is still “going well” during this difficult time.

The only way that the Tron Foundation plans to roll out any new trading pairs is after evaluation of those coins, ensuring that they are safe and reliable enough to trade. The process includes focus on the viability and the functionality of the project, which would help them determine if it is a good match. Due to the 60+ exchanges in the network, Sun also said that the conversion of 100 billion ERC20 tokens happened “without any issue.”

It was important to him to express the reach of TRX, nothing that it is available on exchanges throughout the work, including the United States, Korea, and Japan, to name a few. Being listed on so many exchanges is crucial to their ultimate mission of creating a decentralized Internet for trading.

Even with a bearish market, TRX’s adoption has not declined or suffered in the least. Others in the crypto industry have seen the Foundation push for innovation in a way that other platforms stay away from in the market, even outside of the challenges it recently faced.

To show their expansion across other exchanges, Sun released a complete report that showed all of the major exchanges that TRX has a place on. The list includes Bitfinex, Binance, Bittrex, Huobi, Bithumb, Changelly, and HitBTC. There are three classifications that they give these exchanges – ones that support the permanent migration, ones that resumed both deposit and withdrawals of the tokens, and those that have not migrated at all yet.

Along with their addition of other exchanges, Tron is gearing up for their TRON Super Representative Elections. Sun has been posting new candidates on their Twitter page, which presently includes EtherPoker, Happy East Capital, BitTorrentNow, and DAPPHOUSE, among others. On August 14th, BitTorrent announced they have already been elected as one of the 27 Super Representatives. The Super Representatives are elected as a way to govern the TRON network, which is what makes Tron such an interesting and fair community.

At the time of writing, according to CoinMarketCap, Tron (TRX) is trading at $0.022077 with a 12.12% increase within the last 24 hours. Their current market cap is $1,453,205,002.

TRXMarket will run for #TRONSR. TRXMarket is a decentralized exchange based on the #TRON network. It aims to provide decentralized exchange services for the TRON community.#TRX $TRX https://t.co/1fT8bsJGps

— Justin Sun (@justinsuntron) August 17, 2018

Happy East Capital is running for #TRONSR! Started by Yang Linke, co-founder of BTCCHINA. As one of the early investors of #TRON, Happy East Capital will make a joint-effort with value blockchain application partners to fully support TRON. #TRX $TRX https://t.co/JdA5bo6VGd pic.twitter.com/MPJOlBaCNZ

— Justin Sun (@justinsuntron) August 17, 2018

EtherPoker will run for #TRONSR. EtherPoker is a data prediction blockchain game channel. Currently, EtherPoker is developing a predictive game channel to provide services to the users of the #TRON community. #TRX $TRX https://t.co/KPd0t2iNbn

— Justin Sun (@justinsuntron) August 17, 2018

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