CEX.IO News

CEX.IO to List TRON (TRX) and BitTorrent (BTT)

, July 9, 2019

We’re glad to announce the upcoming listing of two new coins on CEX.IO — TRON (TRX) and BitTorrent (BTT), the partnering projects with a common vision of decentralizing the web.

After the listing, the following trading pairs will be available:

  • TRX/USD, TRX/EUR, TRX/BTC
  • BTT/USD, BTT/EUR, BTT/BTC

Both TRON and BitTorrent coins utilize TRON, an advanced blockchain platform aiming to establish a decentralized web and infrastructure.

The TRON Project: Protocol, Technology, and Key Highlights

TRON is a well-known project in the blockchain industry, with its open-source protocol launched back in 2017. It was envisioned as a blockchain-based entertainment delivery platform that has grown to become a blockchain with high throughput, hosting a growing number of scalable decentralized applications. 

The TRON project has the following key highlights:

  1. TRON maintains a considerable speed of up to 2,000 transactions per second, placing it well into the league of the highest throughput blockchains out there.
  2. TRON scalability allows supporting a large number of users. It also lets developers transfer their existing projects (apps, websites, OS, etc.) to the network and benefit from its large user base.
  3. The network is designed to operate at low computational costs, which lowers the entry barrier for apps to join TRON and grow their user base.
  4. TRON uses an improved consensus mechanism based on Delegated Proof of Stake (DPoS). It allows the holders of TRX, a native coin on TRON, to stake their TRX and accumulate TRON Power used to vote for block producers (called Super Representatives) from the pull of candidates every six hours.

About TRON (TRX) Coin

TRX (TRON) is the native cryptocurrency in the TRON network. Initially issued as an ERC20 token, it has migrated to the TRON MainNet in June 2018. Currently, TRON is one of the largest networks by market cap. 

TRX is used as the main token on the TRON blockchain connecting the entire ecosystem, as a medium currency for all TRON-based tokens, and as a means to vote for the Super Representatives.

About BitTorrent and BTT Coin

BitTorrent is one of the most popular P2P file sharing platforms with over 100 million active users from 138 countries. BitTorrent has connected its protocol to the TRON blockchain and introduced BTT, a TRC-10 utility token for the content creators in the network.

BTT is widely used by the BitTorrent large user base and has grown a significant market cap, although the crypto asset was introduced only in early 2019. BTT acts as a general purpose mechanism for transacting in computing resources shared between BitTorrent clients and a liquid market of service requesters and service providers. In other words, BTT is as a built-in incentive system for BitTorrent participants, enabling faster files exchange and rewarding content creation.

Both TRX and BTT coins will be available for trading on CEX.IO starting July 10th, 2019.

Discuss the TRON and BitTorrent projects in our Telegram group: https://t.me/CEX_IO.

Related

CEX.IO News

The #1 Bitcoin Mining Pool represents: GHash.IO Multipool Pro

April 10th, 2014, GHash.IO has launched a brand new scrypt mining feature called the Multipool Pro. With its help our users will be able to mine the most profitable coins and use additional useful settings, such as the conversion and the switch settings.

Apr 10, 2014 | 4 min read
CEX.IO News

CEX.IO Launches Crypto Believers Party Series with NFTs Awarded to Top Participants

When the going gets tough, it’s not uncommon for the tough to throw a party. From hosting galas to bankroll relief efforts, to putting-on-the-greatest-show-this-town’s-ever-seen to stave off some pending disaster: to celebrate in the face of calamity is to be truly human.  Since 2020, CEX.IO has hosted over 40

Jul 25, 2022 | 5 min read
CEX.IO News

Bitcoin Withdrawal Fee Increased

Dear users, please be informed that the fee for Bitcoin withdrawals has been increased to 0.001 BTC per transaction. This surge is connected with the growing amount of Bitcoin transactions on the blockchain, processing of which requires an increase of transaction fee. The update will allow to smoothly process

May 19, 2017 | 1 min read