TRX/BNB Pair Added on Binance Exchange

TRON (TRX) continues to be one of the most popular altcoins in many parts of the world. The cryptocurrency is the backbone of TRON’s efforts to create what they call a decentralized internet, and the concept alone has already created excitement among investors from many different backgrounds.

#Binance Adds TRX/BNB Trading Pairhttps://t.co/jPbxEsw6eJ pic.twitter.com/HV1NLbEKcr

— Binance (@binance) September 19, 2018

Binance announced less than one hour ago that they will adding a new pairing for the trade of TRON with their infrastructural cryptocurrency, the Binance coin (BNB). The market will open up tomorrow at 4:00 AM (UTC) and is expected to generate a significant amount of interest.

The TRX coin associated with the TRON Foundation’s project, which attempts to create a decentralized internet using cryptocurrency and blockchain technology. The currency has already been traded on Binance in existing ETH and BTC pairing markets, although the TRX/BNB pairing is expected to generate even more market capitalization when it is released early tomorrow morning.

TRON’s project has generated significant interest in the community, and its cryptocurrency has been quickly become one of the top twenty cryptos in circulation, ranking fourteen with a market capitalization of around USD $1.3 billion.

Binance’s coin (BNB) has been hailed as one of the most functionally valuable cryptocurrencies currently on the market. Binance instituted the coin as a way to incentivize trade. By using the Binance Coin, traders win a significant discount on their trading fees on the site. As a result, the currency has been one of the few coins to retain some semblance of positive value as the cryptocurrency markets continue their perpetual freefall during the crypto winter of 2018.

The currency is expected to make significant headway when paired with TRON, another currency with significant functional backing within the cryptocurrency community.

At 4:00 AM (UTC), the pairing will be officially released on the Binance platform. Users will be able to trade between the Binance Coin and the TRX coin easily.

You can read the full details here.

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