Justin Sun, the Founder and CEO of Tron Foundation, announced that the TRX tokens can now be used in over 2000 stores in Italy and Spain. A voucher model is used where a customer is asked to purchase a voucher from a store that accepts tokens which can later be redeemed for cryptocurrencies. Justin Sun announced on Twitter: “Thanks for the support to #TRON. Now you can buy $TRX #TRX at over 20000 stores in Spain and Italy or at Bitnovo” The Foundation has stated that Bitnovo, a cryptocurrency platform, is responsible for the trading of the TRX tokens in these countries. Bitnovo also enables users to trade in other cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. The market chains that accepts TRX in Spain and Italy include Carrefour, FNAC, and Game.
Tron (TRX) traded down 1.59% over the past 24 hours and is currently trading at $0.030460 USD.
Tron had a 24 hour low of $0.02950441 and a high of $0.03161228
Tron is the 11th largest cryptocurrency by market cap size.
Tron currently has a marketcap of $2,002,662,072 USD
Its 24 hr trading volume is approximately $153,724,385 USD.
It has a circulating suppy of 65,748,111,645 TRX.
There is major support around $0.0295 and major resistance is around $0.0315
4-hours RSI (Relative Strength Index) is now in the Neutral zone = 35.393677
4-hours MACD (12, 27) is in the bearish zone = -0.001898
About Tron (TRX): TRON is a blockchain-based decentralized protocol that aims to construct a worldwide free content entertainment system with the blockchain and distributed storage technology. The protocol allows each user to freely publish, store and own data, and in the decentralized autonomous form, decides the distribution, subscription, and push of contents and enables content creators by releasing, circulating and dealing with digital assets, thus forming a decentralized content entertainment ecosystem. TRON is one of the largest blockchain-based operating systems in the world. It has extremely high throughput. The high throughput is achieved by improving the TPS in TRON, which has surpassed Bitcoin and Ethereum, to a daily use practical degree. It’s very scalable. Applications are given a wider variety of ways to be deployed in TRON because of its scalability and highly effective smart contract. It can support enormous numbers of users. It’s highly reliable. Its reliable network structure, user asset, intrinsic value and a higher degree of decentralization consensus come with an improved rewards distribution mechanism. Tron was founded in September 2017 by a Singapore based non-profit organization called the Tron Foundation. It is headed by CEO Justin Sun, and has a dedicated in-house development team that includes renowned technology stalwarts.
Tron (TRX) can be bought with fiat dollars, debit and credit cards on cryptocurrency exchanges such as Changelly.com and it can be bought with cryptocurrency on exchanges such as CoinEx, Binance, and HitBTC.
About the writer: Ava Lauren
As an expert on cryptocurrency related topics, I've found myself working as a Journalist at TheCryptoCoinCenter.com. I write articles related to bitcoin and other cryptocurrencies. Email me