On 3rd August, Justin Sun, the Founder and CEO of Tron Foundation, announced that the TRX tokens can now be used in over 20,000 stores in Italy and Spain. The payment machine works with a voucher model where a customer is asked to purchase a voucher from a store that accepts tokens which can later be redeemed for cryptocurrencies.
Justin Sun announced on Twitter:
“Thanks for the support to
#TRON. Now you can buy $TRX #TRX at over 20000 stores in Spain and Italy or at Bitnovo”
The Foundation has stated that Bitnovo, a cryptocurrency platform, is responsible for the trading of the TRX tokens in these countries. Bitnovo also enables users to trade in other cryptocurrencies such as Bitcoin, Ethereum, and Litecoin.
The market chains that accepts TRX in Spain and Italy include Carrefour, FNAC, and Game. Moreover, Bitnova claims that they hold the security in the highest regard and to extend that they have appointed a special cryptocurrency security team.
Tron has been enjoying a surge with multiple developments occurring over the past few weeks, with the launch of the Tron Virtual Machine [TVM] being a major boost to the company. The Tron Virtual Machine is compatible with the Ethereum Virtual Machine and developers can shift from the Ethereum platform to the Tron platform ‘almost free of cost’.
Moreover, Justin Sun also revealed the secret project, Project Atlas. The project is going to enable 100s of million users of BitTorrent to be a part of the Tron ecosystem. This is considered as one of the biggest achievements of Tron in the community as Satoshi Nakamoto, the creator of Bitcoin [BTC] had also mentioned BitTorrent in one of his emails.
Tron was also in the news for the launch of the Tron Wallet on the Google Play Store making the application available for Android users before Apple users. The wallet was developed by the Tron Foundation in association with Getty/IO, a software company.
Iliono, a Twitterati said:
“Very nice, good job….gogo Tron, sleeping giant overcome the other projects now and in few Month and years the rest!! Top 5 Crypt guaranteed, no doubt! Just hodl and buy the dipps.”
Bonpilos, another Twitterati said:
“i don’t recommend bitnovo, if you have no choice fine, but if you have it, you better take the long way , it will be more profitable.”
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Binance Coin surges by 9% in 24-hours after DEX announcement; breaks out of ‘saucer bottom’ pattern
Binance Coin [BNB] is nothing short of becoming the best performing crypto asset of 2019, as it creates higher highs every day. In a recent surge, BNB went up by approximately 12% in 24-hours breaking out of the ‘saucer bottom’ pattern.
BNB has been on a bull run since December 2018, it has surged by approximately 470% since that point. In the last 24-hours, the price was up by approximately 12% from wick-to-wick.
Moreover, the rise in the price over the day can be attributed to the announcement by Binance DEX, that was launched recently. The tweet read:
.@Binance Chain launches its mainnet and plans to execute Mainnet Swap on Apr 23, 2019.
— Binance DEX (@Binance_DEX) April 18, 2019
The new update will convert the BNB, which is an ERC20token, into BEP2, it will be called the “mainnet swap”. Furthermore, users have to convert their ERC20 tokens on Binance, the details of which will be released in the near future.
In addition, Mithril, a cryptocurrency project has announced that it will be the first project to migrate to the Binance Chain. It tweeted:
“$MITH token holders on the new @Binance_DEX will be the first to experience increased speed, security, and user friendliness while maintaining full control over their funds.”
A Twitter user, @carlitosblvd123, commented:
“So , all BNB we have now like erc20 in binance exchange and on trust wallet will be converted to bep2 automatically or we have to do anything to happen?”
@jigneshon, another Twitter user commented:
“Crypto Revolution will happen on 23rd April when Binance Chain Genesis block will be created. 🔥”
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