TRON CEO Confirms TRX’s Listing On Poloniex Exchange

Justin Sun, who is the head of the Tron cryptocurrency and Tron Foundation, recently announced that TRX is officially getting listed on the Poloniex exchange. As the Tron CEO confirms these news, we can see that TRX is stable and sitting on the 11th place at the list of largest cryptocurrencies by market cap.

The cryptocurrency is now listed on Poloniex. As the Tron news show, everything was officialized in a November 9 blog post when the Poloniex cryptocurrency exchange announced it was readying to list the decentralized TRX cryptocurrency to its platform. The Tron CEO confirms this and has issued a statement on November 12 tweeting that “it’s official now.”

And it’s official now! #TRON (#TRX) Full trading mode is now available on @Poloniex!

Thank you for the support! https://t.co/yOesT8zbnp

— Justin Sun (@justinsuntron) November 12, 2019

So, what does this mean?

Well, starting today, the customers will be able to start posting limit orders for TRX/Bitcoin (BTC), TRX/Tether (USDT), TRX/USD Coin (USDC). The full trading features will be reportedly enabled “shortly after this date.”

As the TRON CEO confirms the news, we can also see that the story comes almost a month after it was reported that the US-based cryptocurrency exchange Poloniex was spinning out from Circle in order to form a new firm named Polo Digital Assets. The crypto news then showed that the move will allow the exchange to focus on the needs of global crypto traders with new features, assets and services that will boost its competitiveness in the market.

Still, Poloniex won’t be available for US customers anymore and Circle will also be shutting down operations for its United States customers.

While all of this was quite shocking, the most significant news came at the end of October when the major South Korean technology conglomerate Samsung announced the integration of TRX within its decentralized app store, Blockchain Keystore. The TRON CEO confirms this too and was previously hinted at the move, describing it as a deal with a “$100 billion mega corporation.”

Before Polo Digital Assets acquired Poloniex, some rumors suggested that it was actually Justin Sun who was leading the group behind this acquisition. However, the CEO of Tron later denied these claims.

Even the TRX cryptocurrency got a boost following the news and we can see it standing at $0.019 with a 2.16% increase on the day.