On 23rd August, Justin Sun, the Co-Founder of the Tron Foundation, announced that the TRX token can now be traded on CoinSwitch. He also stated that the daily trading volume on the cryptocurrency exchange aggregator has been reaching a total amount of $1 million during the course of 2018.
Post the announcement, Aayushi, a CoinSwitch employee tweeted:
“Thank you @justinsuntron for tweeting about our platform @coinswitch, we have 300+ cryptocurrencies listed on our platform, and we aggregate leading exchanges like @ShapeShift_io @Changelly_team @ChangeNOW_io @kucoincom @BittrexExchange @hitbtc @Aurora_dao etc.”
CoinSwitch is a single platform to trade cryptocurrencies across all exchanges at the best prices with support for more than 300 currencies and 6000 currency pairs, which is one of the highest in the world.
Gabriel Kawa, a Tron follower says:
“It shows how serious they are about being the best and to grab people’s attention. Tron [TRX] always brings more value to the Blockchain, the most promising coin of the year.”
The comments were not all that supportive, with Robert, a Twitter user commenting:
“It means they know they’re overvalued and need to backpedal to better justify their inflated cap. The fewer coins in circulation, the higher the price per TRX. Burns like these happen so that the price increases, to a) keep people excited and b) more easily justify to the holders their huge market cap in the face of no actual product.”
It is the first ever aggregator for altcoins and cryptocurrencies with an integration of multiple leading exchanges globally. According to their latest announcement, they are now supporting Tron [TRX] on their platform for purchase and released a step by step guide describing the entire procedure.
At the time of writing, Tron was at the 11th position on the cryptocurrency charts and was trading at $0.02. The TRX token had a market cap of $1.319 billion with a market volume of $87.147 million. Tron was subject to the bearish market seeing a fall of 5.38% in the past 24 hours.
Maria Jams, a TRX holder stated:
“Finally! After 250 coins, TRX is added. Why did I even buy this useless coin? Total regrets but helplessly I shall Hodl for a little more while.”
SugoshB, a cryptocurrency enthusiast tweeted:
“Well Done CoinSwitch, you are amazing, keep doing big things so u don’t lose your spot. I don’t think anybody can even come close to your achievements and accomplishments. Such a leader and a set right example. I am very satisfied and convinced your platform usage. Haven’t had any major issues until now, so thumbs up!”
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