TRON(TRX) will be added on Poloniex Exchange on November 12, 2019, says a Medium report. As per the report, three trading pairs will be available for customers – TRX/BTC, TRX/USDT and TRX/USDC from 15:00 UTC tomorrow. However, in the initial few days, trading will involve “Post-only” mode. The full trading option will be enabled soon says the post.
Another interesting update is the TRON Hurricane. Poloniex is going to reward the early customers who trade TRX on the exchange. Customers have an opportunity to earn 60% of APR rewards with this TRON Hurricane.
This news was also confirmed by TRON CEO, Justin Sun on Twitter.
Some of the crypto members claim that this news isn’t a surprise at all. The news comes after the Poloniex exchange was recently sold to new owners who are reportedly set to increase Asian involvement.
Just a week ago TRON Foundation announced that TRX is also to be listed on McAfeeDex – the decentralized exchange.
TRX Price Analysis
This news has created quite an excitement in Crypto masses. The price grew at a rate of 2.09% in the course of the past 24-hours. The TRX price surged to $0.0195 USD, the highest recorded since September. However, the price growth has taken a negative trend since then. Currently, the TRX is trading at $0.018931 USD (-2.48%). Even the TRX/BTC price is in the red region.
About Poloniex Exchange
Despite countless exchanges for cryptocurrency specifically, Bitcoin; Poloniex exchange remains a leader. It has been surviving in this industry holding endless features that traders always search for. Poloniex exchange prides itself on providing advanced trading functionalities and maximum security. Poloniex is also one of the most active trading platforms available in the crypto market. It not only let user exchange cryptocurrency but also allow them to trade on margin.