Justin Sun, the former CEO of TRON has announced that TRON has reached a strategic partnership with one of the leading and pioneer cryptocurrency exchanges in the world, Poloniex.
The partnership with Poloniex would make them the leading cryptocurrency exchange of the blockchain and it would be receiving support from the TRON DAO Reserve, which would help the exchange to provide more innovative financial products and services to all of its users.
🎉We are extremely proud to reach a strategic partnership with #TRON !#Poloniex will work closely with @trondao to make the whole ecosystem more complete and perfect.
There will be more surprises in the future. Stay tuned!👀 https://t.co/BK9E1hDO4i
— Poloniex Exchange (@Poloniex) June 9, 2022
For now, there are no further details released by Poloniex asides from their announcement, and expect them to launch new financial services and features in the next following months.
What is Poloniex?
Poloniex is one of the leading and pioneer cryptocurrency exchanges in the world. The exchange was launched in 2014 and is based out of Wilmington, Delaware. In 2018, Poloniex was acquired by a digital assets and financial service company called Circle, and it is a Goldman-Sachs-backed company.
The popular crypto exchange has one of the lowest fees at any trading volume and supports over 350 currencies with hundreds of trading pairs available. Poloniex users can trade using its spot, margin, and futures trading.
Asides from its quality financial trading services, Poloniex continued to provide top-notch security features to its users and continues to be one of the most preferred crypto exchanges in the market.
What is TRON?
TRON is a blockchain-based decentralized platform founded by the former TRON CEO, Justin Sun in 2017 and it aims to create a free, global digital content entertainment system with distributed storage technology and allows easy and cost-effective sharing of digital content.
It has a native cryptocurrency called Tronix or TRX and the company is dedicated to building the infrastructure for a truly decentralized internet which they have added blockchain support to different fields such as DeFi, NFT, and GameFi.
🎉Joined hands w/ @trondaoreserve & several well-known investment institutions, @justinsuntron has acquired the world-renowned cryptocurrency exchange @Poloniex!
💪#TRON will better support the many quality projects with a more complete ecosystem of both public chain & exchange. https://t.co/WKZJIZT6w4
— TRON DAO (@trondao) June 9, 2022
The strategic partnership between TRON and Poloniex would be the start of more great things to come on the blockchain and both are committed to providing excellent financial services to their users in order to provide a better trading experience to everyone.
For more news and updates, see Tron Spark.
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