Skip to main content

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.

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.

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.

Comments

Jino Tokieda

Former EMEA/APAC Operations Executive for a global photography company with 5 years of experience working with top technology companies in the US and have been involved with cryptocurrencies since 2019. Always been a fan of TRON and started getting into the TRX scene around January 2020. Besides creating articles for Tron Spark, I'm a skateboarder and working for a coffee company in Fort Worth, Texas.

Poloniex: TRON's Newest Strategic Partner