Binance, one of the biggest cryptocurrency exchanges in the world has announced that they have listened to their customer feedbacks in listing new coins for trading and they finally added a new trading pair which is TRON Foundation’s very own TRX to Turkish Lira (TRY).
Here’s what we know about the newest trading pair on Binance:
TRX/TRY Trading Pair
📢New trading pair TRX/TRY is now available on @binance.
— Justin Sun🌞 (@justinsuntron) December 21, 2020
Binance users can now start deposits and trading with the newest trading pair on their platform. With this listing, it creates a new TRX market in that part of the world where TRY is widely used as a currency and this will engage more people to know the amazing features of TRX.
At the moment, the conversion rate for TRX to TRY for today is TRY 0.231426.
Would this listing attract more holders of different currencies to be traded with TRX? That would be a big yes for us and we can see TRX to be traded with other currencies in the near future and let’s look forward to what the year 2021 would be for TRON Foundation’s TRX.
What is Binance?
Binance TR, TRON(TRX) ‘i Listeledi.
— Binance TR (@BinanceTR) December 18, 2020
Binance is a cryptocurrency exchange that was founded by Changpeng Zhao, also known as CZ who is a trading software developer. Binance is one of the biggest cryptocurrency exchanges in the world.
In terms of trading volume, Binance is one of the well-known exchanges in the cryptocurrency industry and their headquarters is currently located in Malta.
Asides from their trading platform, they also have their own Etheruem-based (ERC-20) token called Binance Coin, which can be used to trade other cryptocurrencies and pay transaction fees on Binance.
What is TRON (TRX)?
TRON is a blockchain-based decentralized platform that was founded by Justin Sun. TRON aims to create a free, global digital content entertainment system with distributed storage technology and allows easy and cost-effective sharing of digital content.
TRON continues dedicating itself to building the infrastructure for a truly decentralized Internet. TRON’s blockchain-based decentralized operating system based on a cryptocurrency is called TRX.
For more news and updates, see Tron Spark.