Poloniex, one of the major crypto exchanges, has just made an announcement about listing all Tron-based assets for free on its decentralized exchange PoloniDEX (formerly known TRX Market).
Poloniex embraces Tron
The marriage between crypto vet Poloniex and Tron was declared after the former got a hefty investment from an anonymous group in Asia. Tron CEO Justin Sun was among who injected some fresh capital in the struggling exchange, which explains sudden love love for his company.
In the comment section, the Tron community started to pitch its TRX-20 favorite tokens.
@europe_tron #TERC is a must. They are an incredibly hard working group, bringing awareness to the #TRON blockchain. Their projects @Befasterfit @DVMarketplace @AftermathIsland @TronsGameof deserve a spot too.— John’s Tron Squad (@tron_squad) December 4, 2019
As reported by U.Today, US crypto unicorn Circle decided to ditch the exchange after acquiring it for a whopping $400 mln back in February 2018. The company left the US due to uncertain regulatory environment. All trading for the exchange's American users effectively ended on Nov. 1, but they can still access their funds until Dec. 15.
Now, Poloniex, which used to reign supreme on the US market, will open a spin-off exchange in China with a new domain (pwang.com). The company states that the company follows KYC requirements, but China is not exactly the most crypto-friendly nation.