Tron (TRX) Is Put In List Of Bitbox
Tron (TRX), one of the largest cryptocurrencies, jumped by more than 13.5%, as Bitbox, the new exchange of the Asian Messenger Giant Line Corporation, announced the commencement of trade in a coin.
Bitbox added two trading pairs TRX-with Bitcoin (BTC) and Ethereum (ETH) on Wednesday. The exchange also supports Tether (USDT), but Tron is not yet available for trading paired with USDT. Line Corporation will return TRX to Bitbox, with 9 million coins to be issued by August 22.
The exchange announcement pushed the TRX price from $ 0.18 to $ 0.20 a few minutes before the official launch. Crypto currency has a market capitalization of about $ 1.34 billion, which makes it the 12th most valuable project of virtual coins.
TRX recorded a trading volume of $ 97 million in the last 24 hours on more than 40 exchanges. The pairs with BTC, ETH and USDT on Binance were more than $ 30 million, and then about $ 10.1 million on Upbit, where the TRX is paired with the Korean won. The third largest market for Tron was Bit-Z, where trading pairs with Bitcoin and Ethereum contributed about $ 9.3 million in trading volume to TRX.
Tron is the first virtual coin to be added to Bitbox after a review by the linear Open Listing Corporation. According to the company, this initiative provides transparency in the process of listing new crypto-currencies.