Five new trading pairs has just been acquired by Tron (TRX), which has led to the exposure to currencies across four different continents.
Despite experiencing a 10% growth in the past week, holders of TRX may be wondering why Tron failed to be included in the recent altcoin surge.
TRX has been added to Indacoin
The Tron Foundation Medium blog on Wednesday, revealed that TRX will be paired with five fiat currencies:
“TRON public chain Mainnet asset — TRX is now available on cryptocurrency exchange Indacoin. Tron (TRX) can be purchased in USD, EUR, GBP, AUD, and RUB. Visa and MasterCard are accepted but the cards have to support 3d Secure function.”
TRON (TRX) Price Today – TRX / USD
CoinMarketCap is yet to list Indacoin. An official documentation revealed that, it sets itself up as an anti-fraud platform, and based on more than thirty different factors, users are assigned a reliability score. Medium post revealed that: “Indacoin is an exchange built on the basis of the anti-fraud platform. It uses a cutting-edge technology to detect and prevent fraudulent attempts to purchase digital coins with banking cards. The system analyzes more than 30 different factors for client evaluation to make the most accurate client scores.”
Mobile apps are available for both Android and iOS which makes possible the buying of cryptocurrencies making use of a credit or debit card. Conversion of funds back to fiat is also possible, and if desired, sent back to the bank card.
TRX’s trade volume keeps increasing despite its lack of upward price movement over the last seven days. From the $50 million daily total recorded a week ago, TRX is now grinding through $180 million worth of trades.
Importantly, more than 40% of those trades have come from Tokenomy (a small token exchange), through the TRX/TEN pair. Currently, TRX makes up 65% of Tokenomy’s $110 million worth of trades.