Today it was officially announced that Tron (TRX) is now listed on the popular bitcoin and cryptocurrency exchange OKCoin. TRX has jolted into the top 10 of all crypto tokens by market capitalization, the coin is now around $0.0252 with a $1.65B market cap at the time of this publishing.
As of now, authorized OKCoin customers can exchange US dollars or Argentine pesos for TRX, or acquire TRX by pairing it with cryptocurrencies including Bitcoin, Ethereum, XRP, Cardano, Lumens, Zcash, 0x and others.
The official digital currency of Singapore-based Tron Foundation, TRX is one of the largest blockchain-based operating systems in the world. It aims the concepts of decentralization and distributed storage technology at the behemoth global content, media and entertainment industries, allowing content creators and users to cut out middlemen like the Apple App Store, Google Play Store, and other intermediaries. TRX is part of a larger project to let content creators obtain revenue from customers without relying on third-party digital storefronts. Tron Foundation founder Justin Sun, a former Alibaba employee, recently stated that TRX will eventually become a privacy coin, giving users more control over their personal data.
TRX-based operating systems already have an extremely high throughput capable of supporting 2,000 transactions per second, and the coin is scalable to support high volumes of users. There are currently about 66 billion TRX tokens in circulation around the world.
Some new partnerships throughout 2018 – such as a recent deal with NeoWorld, a multiplayer online virtual reality world that runs on the blockchain has Tron building positive momentum heading into 2019.