Tron: Binance adds TRX/USDT trading pair

Eren Sengezer FXStreet

Binance, currently the second biggest cryptocurrency exchange with a daily trading volume of $1.7 billion, has recently announced that it decided to add the TRX/USDT pair to its platform.

"Binance will support the Tron (TRX) Mainnet Token Swap and will suspend withdrawals for Tron (TRX) starting from 2018/06/24 0:00 AM (UTC). Binance will handle all technical requirements involved for all users holding TRX," the official announcement read.

Following the publication, Tron was able to recover a small portion of its daily losses and was last seen trading at $0.0477, where it was still down a little over 11% on the day.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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