TRON (TRX) Listed on Indacoin
Tron News

TRON (TRX) Listed on Indacoin

According to a recent tweet by Justin Sun, the Founder and CEO of TRON Foundation, TRON (TRX) has been listed on the crypto exchange, Indacoin.

The cryptocurrency’s official Medium blog announcement said:

“TRON public chain Mainnet asset — TRX is now available on cryptocurrency exchange Indacoin. Tron (TRX) can be purchased in USD, EUR, GBP, AUD, and RUB. Visa and Mastercard are accepted but the cards have to support 3d Secure function. The average time for acquiring the coins is 15–30 minutes!”

Talking about Indacoin, the blog said:

“Indacoin is an exchange built on the basis of the anti-fraud platform. It uses a cutting-edge technology to detect and prevent fraudulent attempts to purchase digital coins with banking cards. The system analyzes more than 30 different factors for client evaluation to make the most accurate client scores. The goal of Indacoin is the simplification of the investing process in digital assets. The company was founded in 2014 in London (UK) and has been working worldwide.”

Continuing with the briefing about the crypto exchange, the blog said:

“Indacoin has also developed mobile apps for iOS and Android where you guys can not only buy Tron using credit cards but exchange TRX to other cryptocurrencies and vice-versa and sell them. An awesome feature is the funds received after the sale of cryptocurrency can be withdrawn back to the banking card.”

Recently, TronWallet’s main company, GETTY/IO, received the award “Think Big” by Amazon AWS for the TronWallet blockchain architecture.

Also Read: TRON (TRX) Listed Among Cryptos with Most Potential

Tron Foundation congratulated TronWallet for the feat in a recent tweet.

This week has been quite a positive week for TronWallet. Apart from getting this award, the wallet became a TRON Super Representative this week.

As per a recent announcement by the team:

“TronWallet is a secure peer-to-peer crypto wallet and exchange for TRON. Send, receive, pay, request payments, vote and participate in a new decentralized world. On TronWallet, users are able to securely store and exchange crypto directly on the blockchain.”

The team achieved this feat in less than a day since it released its new community plan. Thanking supporters, the team said:

“Becoming SR wouldn’t be possible without a strong community around to help, particularly without the help of the great people and our SR friends at CryptoChain, CryptoGuyInZA, TeamTronics and Sesameseed. Thank you for your support, let’s make history together!”

In an official Medium article, the team said:

“TronWallet started it’s run for SR on September 20, and, since then we have been learning a lot. Becoming a TRON Super Representative will be a step forward for TronWallet global adoption. To create a healthy ecosystem for our users and the TRON Network, the TronWallet Team will invest to build cutting-edge products to extract the full potential of TRON blockchain technology.”

Giving some insights to the readers, the team said:

1. People vote for rewards, not necessarily for the better proposals
2. Setup servers with private keys require important security measures
3. Create secure and custom rewards scripts take time. Big thanks to
4. Becoming SR is a huge responsibility and opportunity to create a unique community around of a new decentralized world.

The team then talks about how its previous attempt to become a Super Representative failed. Moving on to informing everyone about the new plan:

“With several ideas from TronWallet community and after some scenarios of rewards have been tested, We have decided to change our reward plan to the following structure.
1. We will pay 97% of rewards from SR block generation
2. All rewards are paid in TRX
3. 3% is allocated for operation costs”

Adding to it:

“SR’ are paying in average 16-17 TRX per day (24 hours) for 100k TRX votes. TronWallet SR will pay ~32 TRX per 100k TRX votes until January 01 2019.”

About the future, the team said:

“We strong believe that TWX should be reward for holders and voters in a near future and our team is working hard to make it happen as we go.”

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Syed Ali Mudassar
It was when he was pursuing his graduation in Computer Science that he found his flair for writing about new and existing technologies. He likes researching about technologies and how they could help people. Currently, he works as the Content Manager at CoinFrenzy, a leading blockchain news, and media publication website.