Tron [TRX]’s approach towards mainstream adoption is paved by its multiple developments and tie-ups with different cryptocurrency organizations. The Justin Sun-led cryptocurrency enjoyed some success this year, on the back of the latest hard fork and the Tether [USDT] partnership.
The latest Tron update was announced by OKEx, the popular Malta-based cryptocurrency exchange. It announced that Tron will be listed on OKEx’s Customer-to-Customer market. Justin Sun, the CEO and Founder of the Tron Foundation tweeted,
“#TRX is now available on @OKEx C2C market, #TRONICS can trade $TRX fiat trading pairs TRX/CNY, TRX/VND, TRX/GBP, TRX/RUB, TRX/THB. Go #TRON.”
He also said,
“I am proud to announce that Tron will be listed on OKEx from March 11th. I have full confidence in the platform and I hope that fans and users of the cryptocurrency enjoy trading and conducting transactions on the platform.”
Tron was also in the news recently when the Tron-acquired BitTorrent revealed its new incentives program to increase adoption within the cryptosphere. The plan was to rope in BitTorrent’s 1 billion-plus users and integrate them into the Tron network. BitTorrent had announced,
“To keep growing the #BitTorrent community and make #blockchain accessible to most people we are unveiling three new incentive plans available to our users, partners, and the clients using our protocol!”
The incentives were in three forms: User incentives, Partner incentives, and Ecosystem incentives. The User incentives were planned to educate people about adding more investors and maintaining a steady pace of adoption. Partner Incentives targeted Tron’s tie-ups with cryptocurrency exchanges such as Binance, Huobi, and Gate.io. Ecosystem Incentives, as the name suggests, is a directive put forth by BitTorrent to reward customers who use their protocol with perks and advantages.
OKEx also enjoyed a good start to the year, as it added major cryptocurrencies such as XRP and Ethereum to its roster. In an official release, OKEX stated,
“OKEx C2C trading platform aims to provide a convenient and accessible way for public to better understanding of the application of digital assets and blockchain technology. The platform facilitates the trades between users by offering a low-volatility market and zero transaction fee.”