New Coin Listing: Justin’s TRON(TRX)

BOXTradEx
4 min readNov 1, 2021
Founder of TRON- Justin Sun

TRX, the native token of TRON network, is now listing on BOXTradEx. We heard out what users wanted, and decided to open TRX-USDT trading pair to trade, deposit and withdrawal. TRON is famous by the founder — Justin Sun and purposes to build leading decentralized entertainment and content ecosystem.

What is TRON?

TRON is launched in 2018. It full of ambitious to establish a truly decentralized internet, also try to offer public blockchain which support high throughput, high scalability, and low transaction fees for all applications and users in the TRON system.

The blockchain infrastructure of TRON is similar to Ethereum, but offers some different features, like consensus mechanism, token economic and so on. In order to solve scalability problems and provide affordable platform, TRON release Sun Network by allowing developers to create side chains and cross-chain communication.

Besides, the transaction fees model of TRON is distinctive to other blockchains, employ Bandwidth Points (BP) and TRON Energy to serves as fuel of TRON network. Those can be treated as complementary system enable approximate zero costs on TRON by using BP and Energy to support the usage of applications and smart contracts.

About TRX token, user can staking TRX to earn additional tokens, get Bandwidth Point and Energy by freezing TRX, participate representative voting and payments.

Three unique features of TRON

Special Features of TRON

  • Popularize User Scenarios- The TRON network is currently capable of supporting various applications and games, in addition to main use case for content, the most famous usage of TRON network is USDT transaction. TRC20 protocol facilitate USDT stable coin transactions with lowest fee compare to other blockchain, meanwhile, USDT on TRON has dominant market share.
  • Governance Network of 27 Super Representatives- TRON enable DPoS system in which 27 Super Representatives (SRs) produce blocks for network. Every 6 hours, TRX account holders who freeze their accounts can vote for a selection of SR candidates, with the top 27 candidates deemed the SRs. Not only obligate to generate blocks, SRs have right to propose a change in dynamic network parameters.
  • TRON Crypto ETFs- TRX Exchange Traded Note (ETN) was approved by regulatory of European countries and listing on the largest European stock exchange Deutsche Börse. While TRX ETN listing is a fresh testimony to the success of TRON’s industry leading ecosystem.

BOXTradEx Remark

Entertainment & Content Network trigger by Justin Sun

Retweet & Comment to Win 100 USDT Prize

For celebrating TRX listing, BOXTradEx prepare 100 USDT Trading Bonus for 4 winners who share TRX listing post and complete the tasks. Follow the simple steps to get chance to win 25 USDT. 🥳

3 Steps to Win USDT:

  1. Retweet & Share TRX listing news on Twitter or other medias.
  2. Comment & Tag 3 friends on below the news.
  3. Join BOXTradEx Telegram Group: Global group, Indonesia group.

Project Basic Information

Full Name: TRON

Market Segment: Platform, DPoS

Issue Time: 2018–05

Max Supply: - -

Links: Official Website White Paper CoinMarketCap CoinGecko

What are the Performance of TRX on BOXTradEx Listing Metrics?

BOXTradEx have strict policy of listing new coins, which is purpose to maintain trading in high level of safety and great user experience. So, we want to share what we have done and disclose the conclusion of each metric here. 👇

Coin listing evaluation — TRX

Risk Warning

Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. BOXTradEx will make best efforts to choose high-quality tokens, but will not be responsible for your investment losses. As a digital asset trading platform that respects the community, BOXTradEx adheres to the principle of truthful, transparent and fair trading, with no malicious intent. We are committed to providing users with a service that is safer, more efficient, and more reliable for the trading of digital assets.

Free your obstacles to investing in cryptocurrency — BOXTradEx

BOXTradEx is a cryptocurrency exchange combined with strategic trading tools (bots). We aim to build a crypto-platform with forward-looking concept firstly based on security and legal compliance. The primary application in BOXTradEx is crypto-trading bot with multiple investment strategies.

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