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March 4, 2020

Cryptocurrency exchange Kraken has announced it will add support for the TRON (TRX) cryptocurrency starting March 5, 2020.

The exchange says TRON has emulated more than just Ethereum’s vision for creating a decentralized web. According to an official blog post, the exchange will enable deposits and withdrawals for TRX at approximately 14:30 UTC.

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The first trades will start shortly after funding is enabled as sell orders cannot be placed until deposits clear, the exchange says. The initial trading minimum will reportedly be 500 TRX.

TRON will be offered with the following trading pairs:

  • TRX/USD
  • TRX/EUR
  • TRX/XBT
  • TRX/ETH

The deposit & withdrawal minimum will be set at the 2 TRX mark.

Previously iHodl reported that Kraken announced its expansion to Australia through the acquisition of the local exchange called Bit Trade.

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Bit Trade operates a multi-exchange aggregator, which combines the liquidity from several exchanges into a single interface, which will allow Kraken to offer its clients a more robust trading experience by allowing them to route their orders to several pools of liquidity.

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