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Tron [TRX] enters Indonesia with Indodax to trade with the Rupiah

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Tron [TRX] is just not about the main net or token migration, the team has been relentlessly been working in every possible way to make their currency and blockchain protocol the best in the world. Recently Tron announced its expansion to Malta – the pro blockchain nation, along with Binance.

After Eastern Europe, Indonesia welcomed Tron and its community to spread their reach in Asia. The digital asset exchange from Indonesia – Indodax has decided to team up with the world’s 10th largest cryptocurrency to spread their wings through the country. Tron [TRX] will be available to trade with its first-ever Rupiah trading pair through Indodax.

Ivan NathaNael, an Indonesian  Twitterati says:

“Not TRX/Rp. But TRX/IDR. I’m Indonesian. Welcome to Indonesia.”

CryptoRankings tweeted:

“Oh no call the Indonesian border patrol!!”

The deposits for the trading pair, TRX/Rp will be available from tomorrow i.e. June 4th from 8.00 WIB and the trading activities will go live the next day on June 5th at 15.00 WIB. The exchange platform welcomed the Tron community with much delight as they tweeted, “Selamat Datang Tron (TRX) di Indodax,” which means welcome to Tron [TRX] at Indodax.

Indodax has a few currencies from the top listed on its platform including Bitcoin [BTC], Ripple [XRP], and Ethereum [ETH] where Bitcoin and Rupiah are trading pairs. Indodax is worth a market cap of $23.4 billion as per CoinMarketCap’s data with Storiqa, Tokenomy, and Bitcoin grabbing the top 3 spots on its platform, all the pairs in IDR.

The founder of Tron, Justin Sun has been continuously tweeting about this since the official news came out,

“#TRON has expanded into #Indonesia and you can now trade #TRX in our first Rupiah pairs $TRX/$Rp. More exchanges are coming! #TRONSR.”

Tron [TRX] is listed in about 98 exchanges around the world with the latest addition to the list being Indodax. The founder also mentioned in his tweet that more exchanges and listings can be expected soon which is no surprise considering the blockchain transition and token swap schedule.

The top exchanges trading Tron with high volumes remain Upbit, Binance, and Bithumb. TRX is currently trading at $0.061 with a positive 4.2% increase in the past 24 hours. The market has also suddenly turned green imbibing some positive hopes to the investors. This positive emotion has TRX supporters optimistic with a supporter saying,

“TRX#TRON is going to the world most adopted cryptocurrency as the number of fiat pairs will grow and people will be educated on the lack of value in fiat and how corrupted entities can just flip a switch to print/increase a number of fiat currency they own.”

A market observer, SSBH tweeted:

“Reduce the circulating supply of Tron only then it’s worth it else price will never go upto $1+. It’s simple math which you are unable to understand. Worry for token holders.

 

Source: ambcrypto.com