On November 6, the compliant exchange HashKey Global announced the official launch of TRON (TRX) and the opening of the TRX/USDT spot trading pair. This launch marks the entry of TRX into a new stage of international trading, and further verifies TRONs strong progress in compliance and globalization.
As an international licensed cryptocurrency exchange under HashKey Group, HashKey Global has obtained a comprehensive license for the digital asset investor protection system issued by the Bermuda Monetary Authority (BMA), and can provide diversified trading services such as LaunchPad, contracts, and leverage. To celebrate the launch of TRX, HashKey Global has launched a special event for new users. From now until 16:00 on November 12, new users who recharge any amount of TRX to HashKey Global for the first time can receive HSK rewards based on the cumulative net recharge amount, with a total reward pool of 30,000 HSK.
TRON (TRX) global trading coverage continues to expand
The launch of TRX on HashKey Global is another important step forward in TRON’s globalization strategy. As the core crypto asset of TRON’s ecosystem, TRX plays a vital role in TRON’s compliance-oriented globalization strategy.
In the first month of 2024, TRX was listed on two exchanges. On January 12, Mercado Bitcoin, the largest cryptocurrency exchange in Brazil, announced the listing of TRX, and in the following two weeks, BTT, USDD, JST, SUN and other TRON tokens were listed. On January 24, TRX was officially listed on Gopax, a mainstream cryptocurrency exchange in South Korea, and trading was started.
In addition, TRX has successfully landed on several international mainstream trading platforms, including DMM Bitcoin, Japans largest leveraged trading platform, Bitso, Mexicos largest compliant exchange, and Bitkub, Thailands leading digital asset trading platform.
Currently, TRX has been listed on more than 130 exchanges around the world, becoming one of the most influential compliant cryptocurrencies and serving a wide range of user groups. These users come from multiple industries, including tourism, mobile terminals, trust investment, financial securities, digital payments, etc.
In the context of the overall weak performance of the crypto market, TRX has still shown strong resilience and recently broke through its highest point since May 2021. According to CoinMarketCap data, on October 31, TRX broke through $0.17 and reached $0.1702, setting a new high in nearly three years. Currently, TRXs 24-hour trading volume is $372 million, and its total market value exceeds $13.9 billion, ranking ninth in the cryptocurrency market.
With the listing of TRX on more mainstream exchanges, TRONs globalization strategy has been further accelerated. Currently, TRONs influence has expanded to many countries and regions including Japan, Thailand, Mexico, the United States, South Korea, and Europe.
TRON accelerates its globalization layout and continues to deepen its compliance development
As one of the worlds leading blockchain platforms, TRON has always adhered to the strategy of parallel development of globalization and compliance since its establishment in 2017, and has continuously promoted technological innovation and compliance processes.
In October 2019, TRON reached a strategic cooperation with Samsung, a global technology leader, and successfully introduced TRX into the mobile business field, laying the foundation for its global application expansion. In 2021, VanEck TRX ETN (VTRX) was officially approved by the Deutsche Stock Exchange and listed in 14 EU countries, becoming an important milestone in achieving global compliance.
In October 2022, TRON was designated as the national blockchain infrastructure of the Caribbean country of Dominica. Seven tokens under TRON, including TRX, became the countrys legal tender. This series of achievements achieved a zero breakthrough in the crypto industry and is also the highest level of cooperation reached between the crypto industry and a sovereign state.
In August 2023, TRON became an associate member of the Japan Cryptocurrency Business Association (JCBA). As a member of the association, TRON will work with other members to promote the compliance of the crypto asset industry and the establishment of a regulatory framework to ensure the security of user assets and promote the sustainable development of the industry.
In the future, TRON will further expand its close cooperation with government agencies, regulatory authorities and industry organizations in various countries to promote the implementation of more extensive industry compliance standards, and work with leading global cryptocurrency exchanges such as HashKey Global to provide more compliant and secure digital asset services to global users. By continuously promoting the legalization of blockchain technology and the widespread deployment of practical applications, TRON is working hard to contribute to the steady progress of the global blockchain industry.
