Earlier today at 4am UTC, the first decentralized exchange on the Tron (TRX) network that offers TRC20 token trading was launched. The exchange known as TRX.Market, is also the first Decentralized exchange that is outside the Tronscan.org platform that currently only caters for TRC10 standard tokens.

The team at TRX.Market made the announcement via twitter as follows:

Breaking news! #TRXMarket the first ever decentralized exchange of TRC20 token based on #TRON was launched at 04:00(UTC) on Dec 12. We’ve listed #BET #FUN and #GOC today. $TRX #TRON Get started to trade on #TRXMarket!

The team at TRX.Market went on to mention that the high throughput evident in the Tron network, will allow for improved trading performance for traders using the platform. As mentioned in the tweet, the exchange currently has 3 trading pairs as follows:

The three trading pairs currently have a combined trading volume of 2.288 Million TRX since it was launched earlier today. Users will need a TronLink account to access the features on the exchange. Any developers who wish to list their tokens, need to fill out a standard token application form that is available online.

The exchange also offers users the convenience of a chat group on Telegram where they can discuss ideas and other trading related topics. The Telegram chat can be found by following this link.

The team behind the decentralized exchange originated from the Tron community. The exchange’s operational entity is registered in the Caymans and the team is based in Malta. The project abides by all local laws and regulations. The team believes that the Tron network will become the most popular network in the blockchain industry and decentralized exchanges will play a pivotal role in providing the infrastructure necessary for developers and users/traders to expand the growth of the Tron ecosystem.

What are your thoughts on the new TRXMarket exchange that is the first to offer TRX20 token trading? Please let us know in the comment section below. 

[Image courtesy of @TRX_Market]

Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.

The post TRXMarket: A New Decentralized Exchange on the Tron (TRX) Network Is Now Live appeared first on Ethereum World News.

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