Tron | TRX

Kraken and WhiteBIT: TRON’s newest partners in the crypto industry

Despite the challenges that recently happened with TRON acquiring Steemit and the on-going COVID19 virus that’s been affecting the cryptocurrency market, which led to the downfall of the current prices of the major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), there are still positive things on-going with TRON. Recently, Justin Sun’s TRON is still working hard for new partnerships to expand the TRX cryptocurrency in every market by having WhiteBIT and Kraken their newest partners.

Kraken to list TRX

The TRON (TRX) trading is coming to Kraken, the popular U.S. cryptocurrency exchange Kraken will be adding TRX into their platform and it will initially provide four trading pairs and the best part of it that trading will begin shortly after enabling deposits and withdrawals. See Kraken’s announcement via Tweet below:

This partnership would allow Kraken users to have the option to trade it shortly after on four different trading pairs, which include the two largest cryptocurrencies which are Bitcoin and Ethereum and the two currencies of Euro and US Dollar (TRX/XBT, TRX/ETH, TRX/EUR, and TRX/USD).

Kraken also outlined about the TRON’s feature, such as locking TRX and turning it to TRON power.

The process resembles “staking” on other networks such as Tezos. For TRON, users are rewarded with different levels of new cryptocurrency depending on their role in voting. At the time of listing, though, users won’t be able to lock TRX held on Kraken.

 

WhiteBIT adds TRX

Asides from Kraken, WhiteBIT a crypto exchange platform, just recently announced that TRON is joining their platform. With this, TRX will be able to be used to participate in a token issuance on TRON, receive BTT airdrops, participate in the Tronics Support Plan, buy virtual gifts, pay for some websites’ subscriptions and more. See their WhiteBIT’s tweet below:

TRX is paired with Bitcoin, Ethereum and Tether. With this, you’ll be able to trade TRX with WhiteBIT platform.

With the partnership with Kraken and WhiteBIT these would provide alternatives for trading TRON (TRX) and also ensures that despite the challenging events that TRON encountered, they are still here to fully support the cryptocurrency industry and engage in more partnerships in the future.  Would this partnership help sway the public in changing their thoughts about TRON? Most likely, and this shows how committed TRON is when it comes to making partnerships within the industry.

 

 

 

 

Jino Tokieda

Meet Jino Tokieda, a skateboarder for over two decades and a proud father of two. Jino is a unique individual, as he is a Japanese Filipino, and brings a unique perspective to his writing. With over 21 years of experience in the skateboarding world, Jino has a wealth of knowledge and experience to share with others. In addition to his skateboarding career, Jino has also worked as an account executive for a global photography company, giving him a diverse background and a unique perspective on the world. Since 2020, Jino has been writing articles for Tron Spark and has been involved with the TRON crypto community for a few years. With his vast knowledge and experience, Jino is sure to provide valuable insights and information to his readers.

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