Blockchain.com lists TRX in its wallet and exchange

by Arthur · October 4, 2022

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Geneva, Switzerland, 13 September 2022, Chainwire — Blockchain.com has listed TRON’s native utility token TRX on its platform. Several incentive programs will be featured, including one that allows users to earn up to 8% in annual rewards for users who hold TRX in a Blockchain.com Rewards account.

TRX is available to send, receive, buy, sell, exchange and earn rewards in Blockchain.com Wallet and to deposit, trade and withdraw on Blockchain.com Exchange, making TRX more accessible for people to use all over world. With this addition, Blockchain.com strives to grow the Web3 landscape by attracting more notable tier-1 public blockchains.

Blockchain.com is one of the original cryptocurrency companies that began as the first Bitcoin blockchain explorer in 2011 and later created a cryptocurrency wallet and exchange. In addition to the consumer offerings, they offer a one-stop-shop for institutional customers that includes OTC trading, custody and lending. With their robust balance sheet, technology and market expertise, they partner with institutional clients to create bespoke solutions tailored to specific objectives. The oldest crypto platform has a track record of helping to increase the liquidity of newly listed tokens as it becomes available to millions of users.

Over 37 million verified users worldwide and 84 million wallet holders use Blockchain.com products, allowing exposure for TRX among a large user community. There is volume worth millions of dollars every day on the platform and several different features, including reward accounts where users who hold TRX with Blockchain.com will be able to earn up to 8% in annual rewards.

TRX is a TRC-20 utility token that enables the authority of the TRON protocol and its dApp ecosystem. TRON strives to become a framework for the decentralized network. By providing users with fast and affordable transactions, the network is optimized for speed and scalability. As the mainnet native token of TRON, TRX is used to power smart contracts, pay transaction fees, and serve as a unit of account across the TRON ecosystem.

The listing of TRX on Blockchain.com and on other major platforms has been a common theme for TRON DAO throughout the year. Stake of rewards, increased liquidity, and expanded user reach have helped expand the TRON ecosystem to become much more mainstream. The efficient delegated proof-of-stake consensus mechanism and its wide range of tools for businesses and developers to build on the network have helped TRON become one of the largest public chains in the world, with 2000 TPS, over 110 million accounts and more than 3.8 billion transactions. This latest listing makes TRX more attainable for the public to spend on TRON dApps to further expand the ecosystem.

About TRON DAO

TRON is dedicated to accelerating the decentralization of the internet via blockchain technology and decentralized applications (dApps). Founded in September 2017 by HE Justin Sun, the TRON network has continued to deliver impressive performance since its MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services with over 100 million monthly active users. The TRON network has gained an incredibly good hold in recent years. As of August 2022, it has over 110 million total user accounts on the blockchain, more than 3.8 billion total transactions, and over $13.2 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoins worldwide, surpassing USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently, the over-secured decentralized stablecoin USDD was launched on the TRON blockchain, backed by the first ever crypto reserve for the blockchain industry – TRON DAO Reserve, marking TRON’s official entry into decentralized stablecoins.