TRON based Decentralized Exchange To Begin With Three New Trading Pairs

11 Dec, 2018 Updated 25 Jul, 2022

By Tabassum

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Tabassum is a full-time content writer at Coingape. Her passion lies in writing and delivering apt information to users. Currently, she does not hold any form of cryptocurrencies. Follow her on Twitter at @Tabassumnaiz and reach out to her at Tabassum[at]coingape.com

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Justin Sun’s all-new decentralized exchange will go live soon with three new trading pairs. According to the latest tweet of TRXMarket, the new trading pairs would be “BET/TRX, FUN/TRX, and GOC/TRX”.

#TRXMarket is the 1st decentralized exchange based on the TRON network in the world.#TRXMarket is expected to launch in the next 18 hours and will list three new trading pairs: BET/TRX, FUN/TRX, GOC/TRX. $TRX #TRON
Contact us: [email protected].@justinsuntron @TronFoundation pic.twitter.com/Jlrdfq1wQy

— TRXMarket (@TRX_Market) December 11, 2018

The new decentralized exchange (DEX) based on TRON Network will be launching in partnership with transcan.org. To begin, the platform will go live in pairs of Gochain (GOC) whose total market cap estimated at $15,061,280, DAO.Casino (BET) following total volume of $1,729,416 and FunFair (FUN) stands with total market cap $21,283,655 against TRON.

The tweet is soon embraced by the CEO and Founder of Tron “Justin Sun” who excitedly notes, “it’s just a beginning”.

The first decentralized exchange based on #TRON will list three new trading pairs: BET/TRX, FUN/TRX, GOC/TRX. It's just a beginning. #TRX $TRX https://t.co/arJeu2AwO3

— H.E. Justin Sun 孙宇晨 (@justinsuntron) December 11, 2018

However the operation of TRON’s DEX is yet to begin, but the website is live under the domain tronwatch.market. The official website claims TronWatchMarket as “the fully-featured Decentralized Exchange (DEX)“, asserting,

That will allow you to trade between TRON, TRX10, and TRX20 Tokens in a secure, decentralized manner. TronWatch Market will help to increase the liquidity of the TRON Token Network. As the DEX supports all tokens on the network, every token will benefit from this.

Even in a bear market, TRON has again made its entry among the top 10 cryptocurrencies by surpassing Cardano which stand with $0.029160. At press time, TRON is trading at value $0.013160 with a negative mark of 1.72% during 24 hours.

What’s your opinion about the brand new decentralized exchange based on TRON network? Lets discuss

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.