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Recently, Tron has launched a new decentralized exchange, called TRX.Market, based on Tron Network. This new exchange was launched to provide traders with more trading platform opportunities even with the currently unstable state of the cryptocurrency market.
The launch of TRX.Market is welcome news for both the entire encrypted market and for traders in the Tron TRX network who have long desired a trading platform that provides a better and better experience.
The exchange platform called TRX.Market will act as the main decentralized exchange of the network. It will be located outside the Tron network and will exchange token TRC20. The exchange will serve as an improvement over the existing one that currently focuses only on the standard TRC10 tokens.
By announcing on his Twitter account via the hashtag #TRXMarket, the brain behind this technology says:
"#TRXMarket the first decentralized token TRC20 exchange based on #TRON was launched at 04:00 (UTC) on December 12. We listed #BET #FUN and #GOC today" the tweet read
Tron's team believes that the network has the potential to become the most sought-after decentralized exchange supported by blockchain in the industry, and will surpass the major platforms currently dominating the industry.
Thus, the new exchange with its improved improved and new features has the potential to match the capacity of some of the best exchanges and will play an important role in Tron achieving its ambitions.
What's new in TRX.Market Exchange?
The TRX.Market platform will offer users and traders a new experience, enhanced trading and performance, competition and healthier trading options.
The exchange currently has three trading pairs in GOC / TRX, BET / TRX and FUN / TRX, with the trio having reached a trading volume of 2,288 million TRX since it was launched.
The process of using the exchange is simple, as users will simply open a TronLink account on which they will have access to the extraordinary features available in the exchange.
A similar procedure applies to developers who may wish to create and exchange their tokens on the platform. These developers will need to complete a typical token request form that Tron Network has made available on its site.
The exchange also comes with a fantastic social network. Users and merchants can reach the customer support of TRX-Market through the Chat Telegram. The Telegram chat forum is made very convenient for users to share ideas and discuss market related topics, complaints, feedback and reviews of the exchange.
The exchange will have all its operations and activities managed by the control room based in Malta. The exchange is already registered in the Cayman Islands and complies with local laws. Therefore, users and operators can negotiate on the platform with the certainty that the exchange is safe, secure and operational in the areas of the law.
It is yet to be seen whether the new platform will bring relief and stability of which the current volatile and bearish trend in the cryptocurrency sector will bring stability. Only time will tell if TRX.Market will be the solution.
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