Multi-asset trading platform eToro has added Tron (TRX) to its trading market to expand its services with another crypto offering.
The platform now offers 15 digital currencies in total for trading including Bitcoin, Ethereum, Bitcoin Cash, Ripple, EOS, and even Binance Coin.
This addition of TRX comes days after the social trading platform announced zero commission trading for its clients based in the United Kingdom.
Earlier this month, the Israel-based firm also expanded its services in 31 states in the United States. In addition, the cryptocurrency arm of eToro, last December, gained a license from Gibraltar to operate a blockchain-based business in the region.
Reshaping Content Sharing
Launched in September 2017, Tron is developing a decentralized platform for content sharing. According to the platform’s claims, it will empower content creators allowing them to freely publish, and control their work-related data while owing their own work.
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First developed on Ethereum’s blockchain, the Justin Sun-led project developed and moved to its own blockchain, challenging Ethereum in its own trade. The company also claims that the platform is more scalable and can handle a significantly higher number of transactions compared to its market competitions.
— Justin Sun (@justinsuntron) March 24, 2019
The recent listing of the native token for the Chinese blockchain platform on eToro did not create a roar in the market, at least for now. As of press time, TRX is trading at $0.023 gaining 0.33 percent in the last couple of hours. Despite the minuscule gain, the value of the coin depreciated by 3.5 percent on the 24-hour chart but almost breaking even on the seven-day chart, as per Coinmarketcap.com.
To get a tight hold on the content sharing market, Tron also acquired peer-to-peer file sharing platform BitTorrent last year. In January, the platform launched its native token – BitTorrent Token (BTT) – which saw a massive demand in the market, as in mere 15 minutes, $7.2 million worth of BTT tokens were sold out.