Tron to get TRX/BNB trading pair on Binance Exchange
Tron – the 13th largest cryptocurrency in the world according to market cap – will now get TRX/BNB trading pair on Binance. Tron is currently among the most popular altcoins, thanks to a series of positive developments in the past few months.
Adding to this growing list, Binance announced that it will add a new TRX trading pair with the platform’s native cryptocurrency – Binance Coin (BNB). Trading for the TRX/BNB pair opened on Wednesday at 4:00 AM (UTC), the exchange mentioned on their website.
— Binance (@binance) September 19, 2018
Binance Coin (BNB) was launched by the exchange to incentivize trade. By using the coin, traders get a significant amount of discount on the trading fees on the site. It is expected the coin will make significant headway when paired with TRX.
TRX prices seem to reflect the positive development, although it is likely that the coin is tracking the broader bullish trends seen in the market on Wednesday. At the time of writing, TRX had climbed 6.6 percent against the U.S. dollar to trade at close to $0.020, with a market capitalization of nearly $1.30 billion.
In other news, Bittrex,the US-based crypto exchange-turned fiat gateway platform, recently opened USD markets for Tron and Litecoin.
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