By Tobi Loba
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.
🚀 *UPDATE* #Tron ($TRX) trading is coming to Kraken on March 5
Pairs going live include:
🇺🇸 TRX/USD
🇪🇺 TRX/EUR
💰 TRX/XBT
💸 TRX/ETHLearn more about our new crypto offering: https://t.co/Du2tRpmaAq#trading #crypto
— Kraken Exchange (@krakenfx) March 4, 2020
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!”
Super excited for #TRX to be listed on @krakenfx starting March 5th! https://t.co/LBCaJGBfbw
— Justin Sun 🅣🌞 (@justinsuntron) March 4, 2020
HeraldSheets.com produces top quality content for crypto companies. We provide brand exposure for hundreds of companies. All of our clients appreciate our services. If you have any questions you may contact us. Cryptocurrencies and Digital tokens are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by our authors and the views expressed in them do not reflect the views of this website. Herald Sheets is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. Read full terms and conditions / disclaimer.