TRON Foundation shared a piece of information on 25 March about eToro adding TRON’s cryptocurrency (TRX) to its platform.
TRON commenced by introducing eToro as a global investment platform with over 10 million registered users. With the latest addition, the total number of crypto-assets available on eToro reaches 15.
TRON conveyed its stand in the market. TRON is a dynamic and versatile project with broad aims to bring the power of decentralization to the internet.
Yoni Assia, co-founder, and CEO at eToro cited –
“TRON is making fast progress towards lofty ambitions and has rightly garnered the attention of the crypto community. Given the relative youth of blockchain technology, investors in crypto-assets are investing in big ideas and seeking out companies that execute on big ideas. Tron certainly ticks that box. At eToro we look to offer investors access to crypto-assets that already have some clear success behind them.”
TRX is currently the tenth largest crypto asset in the world with a market cap of 1.5 billion U.S. dollars. Founder of TRON, Justin Sun expressed that with TRX listed on eToro, users are benefited from another great platform to manage their assets. Justin added that such steps would help scale the blockchain community.
eToro is noted to closely research the progress, fundamentals, and technical caliber of each token before enabling investment. The eToro company is regulated by the European Union (EU) and only adds those cryptocurrencies whose projects show signs of prosperity.
TRON touched upon the investor’s need to have a wide collection of digital coins. TRX joins the following suite of crypto assets available on eToro – Bitcoin, Ethereum, Bitcoin Cash, Ripple, Litecoin, Ethereum Classic, Dash, Stellar, NEO, EOS, Cardano, IOTA, Binance Coin, and ZCASH.
Earlier this month, digital token Tether announced its decision to launch USDTether stablecoin (USDT) on the TRON Blockchain. In January, BitTorrent Inc., a pioneer in peer-to-peer protocols and products, launched a new token called BitTorrent Token (BTT). The new token BTT would operate on the Tron protocol.
TRON clarified that TRX would be added to eToro’s CryptoPortfolio, which enables investors to “diversify across all available crypto-assets with just one click”. Similar to other crypto-assets on eToro, investors buying TRX would own the underlying asset.
TRON concluded by throwing more light on eToro. TRON highlighted that anyone can take the same steps of those who have been successful on the platform. Due to the convenience of the platform; users can buy, hold and sell assets, monitor their portfolio in real time, and transact easily.