Author: Jagdish Kumar, India
India’s leading cyrpto currency exchange portal, Zebpay have added few new cryptocurrencies to its platform from May 2018.
Announcing this, Bangalore based company said that it is launched Tron one of the fastest growing virtual currency in its stable along with Aeternity, Vechain, Golem, Augur, oX.
Tron is one of the fastest growing crypto currency that is now trading in top 10 of coinmarketcap.com with a price of $0.07 per coin and a market capitalization of $4 billion.
It has seen lot of development and have touched $0.24 per coin on 5 January 2018. It is believed that Alibaba founder, Jack Ma hold stakes in Tron.
The exchange platform will be low trading fees of 0.01% for Tron [TRX] transactions.
The exchange platform added Tron despite a lot of controversies surrounding India’s stand on cryptocurrencies.
Last month, RBI announced that all the banks working under RBI will no longer support any businesses or individuals dealing with cryptocurrencies.
Apart from Tron, Zebpay has also added Aeternity, VeChain, Ox, Kyber Network and Augur.
Aeternity is a decentralized, public blockchain platform where developers can interact with real world data and smart contracts using oracles, whereas, VeChain enables every aspect of a consumer good, service, or business cycle to be captured, recorded, and transmitted through a blockchain.
0x is an open source decentralized exchange protocol that facilitates peer-to-peer exchange of ERC20 tokens. ZRX is a governance token which is also used as a fee mechanism by relayers, while Kyber Network is an Ethereum-based trustless decentralized exchange and payment service. It is an on-chain protocol which facilitates instant exchange and conversion of digital assets.
Augur is a decentralized oracle and a prediction market platform which is used for asset speculation like future forecasting, event or derivatives speculation and Golem aims at creating a platform for decentralized micro-services and hence would become one of the key building blocks for the future internet.
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