KuCoin’s advance development aims to accumulate promising blockchain based decentralized projects. Today, they have listed Tron Network TRX, a blockchain-based platform establishing a truly decentralized Internet. The newly added token is the intrinsic and transaction currency of Tron Network, a blockchain-based platform establishing a truly decentralized Internet.
Deposits are now open with trading pairs including TRX/BTC and TRX/ETC. Buying begins at 19:30 UTC+8 and Selling/Withdrawal at 20:00 UTC+8.
All trading activities can be performed using KuCoin’s App or on their website at www.kucoin.com.
Introduction to Tron (TRX)
Tron is recognized as a blockchain-based decentralized platform that strives to produce a free, global digital content entertainment network with distributed storage technology, and enables easy and cost-effective distribution of digital content.
Tron was organized in September 2017 by a Singapore based non-profit organization the Tron Foundation. It is led by CEO Justin Sun and has a devoted in-house development team that comprises renowned technology stalwarts.
How Does Tron Works?
By employing the features of the blockchain and peer-to-peer (P2P) network technology, Tron efforts to bridge the gap between content producers and content users by excluding the middleman. The result is an overall price decrease for the consumer and improved collection through direct receipts for the content producer, which supplies to a win-win situation.
What Is Tronix (TRX)?
The Tron network utilizes its cryptocurrency named Tronix (TRX). One can get Tronix on exchanges like Liqui, Binance, and now on KuCoin by exchanging them for other cryptocurrencies like ETH or BTC. Purchase with fiat currencies is not plausible at present. It can be stored on wallets that sustain the Ethereum blockchain like MyEtherWallet.