EU cryptocurrency exchange BitBay lists TRON (TRX)

EU crypto exchange BitBay today announced the listing of TRON and release of the Chinese language version. Since June, BitBay added ten new coins, moved its headquarters to Malta, released BitBay Pro mode and fiat Exchange. Now users can also trade TRX to Bitcoin, US dollar, Polish Zloty, and Euro.

“BitBay is one of the biggest digital asset exchanges in the European area. The listing of TRX on BitBay is another milestone for us, representing another significant step of TRON into the European market. We believe that the cooperation between the two parties will provide users with more purchasing channels that are safer and more convenient. This will be a win-win cooperation.” says Justin Sun, the founder and CEO of TRON.

The listing of TRON on BitBay is followed by the Chinese language version and Top 100 TRX Traders contest with a total prize of 400 000 TRX. Users will be ranked regarding their total TRX volume traded on TRX/BTC market. The competition will last from 00:00 on September 20th, 2018 to 00:00 on October 4, 2018. How to join? To participate, you need to have a verified account on BitBay and available balance (for example in Bitcoin).

“TRON is an ambitious project. We have no doubt that its protocol is one of the biggest operating systems in the world based on the blockchain network. We are very proud to list TRX on BitBay and present it to our users. We hope that our contest for traders will drive even more attention to TRON” concludes Patryk Kadlec, VP, Chief of Business Development at BitBay.

TRON has undergone a significant change on May 31, 2018. The main-net has been launched, its own blockchain, so TRON has become a full-fledged cryptocurrency and is no longer a token based on the ETH and ERC20 standards. It takes 15 seconds to dig out a TRX block and the network performance allows you to make 2 000 transactions per second.

The total market capitalization of TRON (TRX) cryptocurrency is $1.926 Billion, which makes it a 13th cryptocurrency in the world global ranking. The 24h volume exceeds $105 million and the current average market price of TRX is $0.019. The most impressive fact regarding the TRX is the TPS ratio (transactions per second). While the Bitcoin has 3-6 TPS, Ethereum has about 25 TPS, the Tron cryptocurrency level of performance is over 2,000 TPS, which makes it a way faster cryptocurrency based on its own blockchain.

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