Five days ago it was announced that Zebpay a crypto exchange in in India will be supporting a TRX and XRP trading pair. This has flown relatively under the radar as it isn't a mainstream exchange like Binance or Bitfinex. The really interesting part about this is the underlying meaning. Everyone that has dug into Tron's CEO Justin Sun knows that at one time he participated in Ripple's project. In fact according to Ali Qamar reporting on Global Coin Report back in March "Sun still serves as the Chief Representative and Advisor of Ripple’s Lab, at the time that he leads TRX, the currently robust cryptocurrency ranked number 13 in the market. The connection between both currencies results evident, as well as how now they compete for the same target." So if Justin still participates in the lab and we are seeing a trading pair for the two already are they really competing for the same target or are they allies working toward the same goal?
Ripple has partnered with multiple financial institutions one of which is Santander which is a large mostly European held bank. This partnership using Ripple's blockchain technology for payments makes for interesting possibilities for both of these cryptos. Could the banking partnerships of Ripple lead to a Fiat to Tron investment for every day people? If in fact the two are forging some sort of partnership and by setting up the trading pair and eventually leading up to a fiat to Tron purchase on Ripple's block chain we could be in line for exponential growth for both coins. Both are said to have a transaction based burn code into their blockchain and utilizing traditional money to buy directly into Tron would count as a transaction on both systems. No one has mentioned or said anything about this possibility yet. We have only heard the ramblings of Coinbase listings. This could be potentially much larger than that in my opinion. Is Tron the first of many tokens or coins to be paired on Ripple? Remember, it is always the early adopters that reap the benefits.
https://globalcoinreport.com/justin-sun-the-5-most-thought-provoking-facts-about-the-tron-ceo/
https://ambcrypto.com/zebpay-announces-ripple-xrp-tron-trx-trading-pair/
Who cares about scam token trading pair?
What evidence can you produce that they are scam tokens? Why would one of the worlds largest banks partner with a scam company? And Tron is soon to no longer be a token and is converting to its own blockchain and will no longer be ERC 20.
Pre mined... owned mostly by company itself... token's price is controlled by xrp team and justin sun...
please check out these links and read ripple lawsuit statement...
https://steemit.com/xrp/@zxt/ripple-xrp-under-lawsuit-dump-incoming
tron scam:
https://steemit.com/scam/@zxt/cryptocurrency-tokens-are-scam-tron-usdtrx-is-a-disappointment
for general public, bitcoin and verge like mineable coins are best ... distributed more uniformly.... good for democracy.
i don't have hard feelings against them... just invest wisely!
Congratulations @jedismore! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP