KuCoin Announces The Listing Of Tron (TRX)

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Image of TRON listing on Kucoin

A blockchain-based platform establishing a decentralized Internet, Tron Network, has listed their native and operation currency TRX on the leading cryptocurrency exchange platform, KuCoin.

Deposits are now open using KuCoin's official apps on Android and iOS or direct to their website, http://www.kucoin.com. Buying will start at 19:30 pm UTC+8 while selling/withdrawal at 20:00 pm UTC+8.

About Tron (TRX)

TRON is a recognized blockchain-based decentralized protocol that intends to build a worldwide free content entertainment system with the blockchain and distributed storage technology. The protocol enables each user to openly publish, store and own data, and in the decentralized autonomous form, decides the distribution, subscription, and push of contents and enables content creators by releasing, distributing and dealing with digital assets, thus forming a decentralized content entertainment ecosystem. Peiwo App with over 10 million users will become the first TRON-compatible entertainment APP.

The TRON 20 Token and TRON Power (TP)

The Tron 20 Token will operate value and enable individual content owners to make system tokens on the platform, comparable to the cryptocurrency Waves. It should be remarked that the TRON 20 Token is not the same as Tronix, which is the medium of exchange on the platform.

With the company seeking long-term investment and pushing away those investors looking to make a quick profit, the TRX token themselves will be prepared to be locked away to gain TP. Doing so will give users upward flow in the ecosystem with power moves such as voting rights and higher status. The longer your tokens are locked away, the more TP TRON will reward you.

How Does TRX Functions?

It is a long-term project with an assemblage of phases beginning with Exodus in 2017 and ultimately leading to Eternity in 2023. Below are the key features of each stage.

  • Exodus: The free platform for peer to peer distribution, storage, and content.
  • Odyssey: Economic incentives put in place to encourage content creation and empowerment
  • Great Voyage: Individual ICO capabilities
  • Apollo: Ability for content producers to issue personal tokens (TRON 20 Token)

 


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