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Tron [TRX] announces future trading on OKEx platform from May 20

Namrata Shukla



Tron [TRX] announces future trading on OKEx platform from May 20
Source: Pixabay

The cryptocurrency market has been volatile for the past few days as the coins faced a series of pumps and dumps. Tron [TRX], the eleventh largest cryptocurrency too was fighting the ever-changing market, but had the support of the community as the foundation informed their ardent followers of the developing ecosystem.

OKEx, a cryptocurrency trading platform announced that Tron [TRX] futures would be available on the exchange from May 20 at 8:00 [CET, UTC+1]. The announcement read:

“We are pleased to announce that TRON (TRX) futures trading will be available from 08:00 May 20, 2019 (CET, UTC+1).”

The Chief Executive Officer [CEO] of Tron foundation, Justin Sun, claimed that Tron’s daily transactions would reach 10 to 15 million with the new development. Tron was recently in the news for surpassing 100k daily users on its DApps platform, overtaking Ethereum and EOS. The weekly DApp report added:

“This week, Topdapp also announced its support for Tron’s DApps. Currently, users can learn about the latest information on Tron’s quality DApps, DApp game reviews, rankings by different themes, DApp game strategies and so on.”

The eleventh largest coin also got listed on P2PB2B exchange as it achieved a new block height. The number of smart contracts on the Tron blockchain had also reached 983, closing on the 1k contracts mark.

The eleventh largest token was valued at $0.0276 with a market cap of $1.84 billion. The 24-hour trading volume of the coin was noted to be $817 million as it noted a growth of 3.77% over the past day. Over the past seven days, TRX spiked by 13.13%, but was falling, at press time, by 1.30%.

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Namrata is a full-time journalist and is interested in covering everything under the sun, with a special focus on the crypto market.