Sunday, February 28, 2021

Tron (TRX) to Go Live on Kraken Exchange with 4 trading Pairs

Kraken exchange has recently announced that it will be listing Tron (TRX), the 14th largest cryptocurrency by market cap on 5th March 2020.

This new and welcoming development was announced by Kraken exchange via its official website and Twitter handle a couple of minutes ago.

According to the report, trading of TRX pairs will go live on the exchange at 14:30 UTC on 5th March 2020. The trading pairs are TRX/USD, TRX/EUR, TRX/XBT and TRX/ETH

The first trades will start as soon as depositing is activated as sell orders cannot be placed until deposits are cleared. Going the update made available by Kraken exchange, the initial trading volume is set at 500 TRX.

The exchange added that updates will be shared on the status page near launch time.

Users that want to deposit should navigate to Funding, then tick “Show all assets” or Search for Tron (TRX) and click Deposit next to Tron (TRX). From there, users can generate a deposit address and send the digital token TRX to this address.

The exchange also related that 20 confirmations are required before deposits can finally be credited. The minimum deposit and withdrawal 2 TRX. While the deposit and withdrawal fee is 0.01 TRX.

The digital currency will be available for the following services, 1) Kraken 2) Kraken Pro 3) OTC.

The New Listing of Tron (TRX) By Kraken Exchange Excites Justin Sun

The CEO of Tron (TRX) Justin Sun shared this via his Twitter to call the attention of Tron community members to the new development.

Sun showed how elated he’s to the recent listing, as the reach of TRX is expected to get enhanced as from 14:30 UTC on 5th March 2020.

Justin Sun wrote this, “Super excited for TRX to be listed on kraken starting March 5th!”

Tobi Loba
Tobi-Loba is a creative and an award-winning writer with over 5 million readers from all over the world. She has B.A in English and Literature from a reputable University and currently studying for her M.A in the same field. She recently became a contributor at Herald Sheets in order to satisfy her thirst in reporting crypto and blockchain occurrences, the interest she built over the years.

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