Tron (TRX): Binance adds TRX/USDT trading pair to support MainNet migration

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June 12, 2018 by
Tron (TRX): Binance adds TRX/USDT trading pair to support MainNet migration

Tron (TRX) fans, holders and traders can rejoice as the world’s largest exchange having a trading volume of about $1.7 billion, Binance added trading pair TRX/USDT which is Tron [TRX] and Tether [USDT]

 

Binance had earlier announced its complete support towards Tron MainNet migration. In fact, the support was declared even before Mainnet actually launched. Adding to the old announcement, Justin Sun recently announced, “#Binance Supports #TRX Mainnet Swap and Adds TRX/USDT Trading Pair. Happy Trading!”

 

After the MainNet launch, it did not show positive figures as everyone was hoping for. The leading cryptocurrency exchange also announced that they’ll be supporting the Tron MainNet token swap which is scheduled on June 25. Mentioned that they will take care of things required for the holders during and post-migration, in order to ensure a smooth transition.

 

What will happen if users continue to deposit TRX into Binance accounts post token swapping?

Binance has assured that if users keep on depositing ERC-20 TRX tokens into their accounts after the token swapping is over, they would complete the token swap for them. Binance boasts off having over 350 trading pairs who are actively transacting on their platform, making them one of the biggest crypto exchange platforms. According to AMB Crypto report, Tron (TRX) is the 7th highest cryptocurrency trading on Binance against Bitcoin (BTC). There is no depositing fee but trading will cost around 0.1% of the transaction amount.

 

Tron (TRX) value

 

Currently, it is in deep red, in fact, it is among the top coins that went down the most. Currently, Tron (TRX) price is at $0.0466 with 12.62 percent loss in the last 24 hours, according to the Coinmarketcap. A market cap of $3 billion and the trading volume is around $65 billion.

shekar

A mechanical engineer turned journalist, Shekar takes a keen interest in the study and analysis of cryptocurrencies and blockchain strategy. With the cryptocurrency world blooming in the recent days, he finds great interest in monitoring their growth and gathering every possibleA piece of information about them. He works as a crypto-journalist for the website Abitcoinresource.

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