The Tron blockchain is quickly growing and adapting to the distributed ledger technology ecosystem and making its presence felt around the world. Now its native crypto asset TRX will be available for trade on ChangeHero, an instant crypto exchange. The exchange has opened a new TRX and US dollar trading channel for its users, which is live now. Anyone interested in buying TRX can do so via their credit card on this platform.
Buying cryptocurrencies with credit cards is often a problem for cryptocurrency investors. The lack of transparency in centralized crypto exchanges and banks’ aversion of these exchanges have led to difficulties for retail investors who wish to participate in cryptocurrencies.
On some exchanges, users first need to buy Bitcoins and then convert them to altcoins, making the crypto-buying process longer. With ChangeHero, they can use credit cards and transact in TRX directly with US dollars (USD). In a blog post, Tron said that the exchange could provide “users using USD with secure, fast and stable TRX transfer, and purchase services.”
ChangeHero is an instant exchange that provides the “fastest assets swap,” according to the blog post. The platform lets users make crypto-to-crypto transactions as well. Currently, it supports 100 coins but plans to add several more in the future.
Tron suggests that ChangeHero is an easy-to-use platform that helps users make crypto transactions in five simple steps. The sign-up for the website is free and provides anonymity to the users as it doesn’t collect personal data. The exchange doesn’t impose any use limitations for the users.
The website works by scouring over ten exchanges and finding the best rate available. The platform currently supports nine languages. Additionally, it offers 0% commission on all their partner coins, regardless of the exchange. Tron users, therefore, will get a sweet deal from the platform.
Tron recently launched the official version of the Tron Virtual Machine, which makes it in direct competition with Ethereum Virtual Machine for hosting DApps on its blockchain ecosystem. Meanwhile, Tron prices are facing a setback globally. The 13th largest cryptocurrency in the world has experienced a 16.62-percent drop in prices in the past 24 hours after reports that Goldman Sachs has dumped its plan to start a crypto trading desk.