The Changelly service, one of the easiest ways to exchange crypto coins, has finally added TRON (TRX) to its selection. Until recently, buying TRX required a registration on Binance or another exchange. Now, Changelly offers a switch between a wide portfolio of currencies.
— Changelly.com (@Changelly_team) July 19, 2018
Additionally, there is an option to buy TRX outright with a Visa or Mastercard. Changelly charges higher fees compared to exchanges, but places and performs the trade on behalf of the user, and then sends the coins.
The addition of TRX happens just days after most of the leading exchanges completed the token swaps and released the new digital asset. Now, it is possible for Changelly to move the coins and send them into the user wallet. The TRON network has continued to gain speed in recent days, and is gradually adding transactions.
About a month after its launch, the TRON network is seeing more than 21,000 transactions per day. To compare, on a slow day, Bitcoin Cash (BCH) has between 13,000 and 20,000 transactions, though on separate days the network has carrie more than 100,000 transactions.
For TRON, the low number of coins moved is due to the low usage of the network, mostly for moving coins between exchanges, and withdrawing to wallets. Voting has been speeding up, with 11 Super Representatives elected out of a total of 27.
Only a day after Justin Sun, the founder of TRON, presented his candidacy for a Super Representative, he was elected and his profile can be seen already producing TRON blocks.
The TRX market price has not responded to the hype surrounding TRON, and so far, the effect of Changelly has not been felt. The exchange service has limitations on daily purchases, and may not seriously affect TRX volumes. Additionally, new adopters of TRX may find the system mystifying. At this point, some may choose to buy TRX and store it on a Ledger hardware wallet as a speculative bet on long-term price appreciation and the success of the project.
TRX prices slid again, down to $0.036, as Binance trading becomes less active. Most TRX volumes have moved on to OKEx, another exchange where the Tether (USDT) asset gives liquidity in one of the most active trading pairs. TRX is down a net 5% in the past 24 hours, and is still unable to go above the $0.04 level.