Bithumb Global Adds TRX, BTT to Its Offerings

Tuesday, 03/09/2019 | 11:57 GMT by Arnab Shome
  • The tokens will be listed against BTC and USDT.
Bithumb Global Adds TRX, BTT to Its Offerings
Tron

Bithumb Global, a subsidiary of leading South Korean crypto exchange Bithumb, on Monday announced that it would add three more tokens - TRX, BTT, and WIN - to its listings.

The listing came a part of the exchange's “Tron Week” campaign and will be added to its already available 69 trading pairs.

As detailed by the exchange, it will initiate trading with all three tokens on September 3 at 3 pm (UTC+8), while it initiated deposits 24 hours before the scheduled trading time.

For both TRX and BTT, the global exchange will provide two trading pairs - one against BTC and another against USDT - while for WIN token, only one trading pair, against USDT, is available.

Decentralizing the consumption of media

TRX is the token launched by the Justin Sun-founded Blockchain platform Tron. Initially launched on Ethereum blockchain, Tron last year migrated to its own blockchain which has turned out to be a competitor of its former host.

Last year, Tron acquired peer-to-peer file sharing platform BitTorrent and launched a platform-specific token last January to raise around $7.2 million. The token sale turned out to be a massive success as all the tokens were sold in under 15 minutes. WINk, on the other hand, is a TRC-20 token for a decentralized gaming platform.

Currently trading at $0.015 apiece, TRX lost 9.86 percent of its value in the last 24 hours, per Coinmarketcap.com’s data. However, with a market capitalization of over $1.05 billion, it still affirms its position within the top 15 digital currencies in the market.

Last May, Bithumb launched an open beta version of fiat-based exchange in 15 jurisdictions across the globe to tap into the lucrative fiat-crypto trading outside of South Korea.

Bithumb Global, a subsidiary of leading South Korean crypto exchange Bithumb, on Monday announced that it would add three more tokens - TRX, BTT, and WIN - to its listings.

The listing came a part of the exchange's “Tron Week” campaign and will be added to its already available 69 trading pairs.

As detailed by the exchange, it will initiate trading with all three tokens on September 3 at 3 pm (UTC+8), while it initiated deposits 24 hours before the scheduled trading time.

For both TRX and BTT, the global exchange will provide two trading pairs - one against BTC and another against USDT - while for WIN token, only one trading pair, against USDT, is available.

Decentralizing the consumption of media

TRX is the token launched by the Justin Sun-founded Blockchain platform Tron. Initially launched on Ethereum blockchain, Tron last year migrated to its own blockchain which has turned out to be a competitor of its former host.

Last year, Tron acquired peer-to-peer file sharing platform BitTorrent and launched a platform-specific token last January to raise around $7.2 million. The token sale turned out to be a massive success as all the tokens were sold in under 15 minutes. WINk, on the other hand, is a TRC-20 token for a decentralized gaming platform.

Currently trading at $0.015 apiece, TRX lost 9.86 percent of its value in the last 24 hours, per Coinmarketcap.com’s data. However, with a market capitalization of over $1.05 billion, it still affirms its position within the top 15 digital currencies in the market.

Last May, Bithumb launched an open beta version of fiat-based exchange in 15 jurisdictions across the globe to tap into the lucrative fiat-crypto trading outside of South Korea.

About the Author: Arnab Shome
Arnab Shome
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Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.

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