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Today, one of the world’s leading trading platforms, eToro, listed Tron (TRX) making it the 15th cryptocurrency to be listed by the platform…
Tron joins a group of other curated cryptocurrencies on the platform, including Bitcoin, Ethereum, Litecoin, Ethereum classic, XRP, Dash, XLM, NEO, EOS Cardano, IOTA, Binance Coin, and Zcash.
The announcement today also noted that TRX would be available on eToro’s CryptoPortfolio, an index of assets picked by the exchange that allows investors to diversify across multiple crypto assets in one go.
Yoni Assia, co-founder, and CEO at eToro, commented on the addition of TRX:
“TRON is making fast progress towards lofty ambitions, and has rightly garnered the attention of the crypto community. Given the relative youth of blockchain technology, investors in crypto-assets are investing in big ideas and seeking out companies that execute on big ideas. Tron certainly ticks that box. At eToro we look to offer investors access to crypto-assets that already have some clear success behind them.”
Justin Sun tweeted out the news shortly after the eToro announcement:
eToro adds #TRON’s TRX, #TRX becomes the 15th cryptoasset available on @eToro platform. #TRONICS can buy or sell $TRX using fiat on eToro via #Visa, #MasterCard, #Paypal, #UnionPay, #Webmoney, #YandexWallet and other payment platforms.😎 https://t.co/gFzSD20lB3
— Justin Sun (@justinsuntron) March 25, 2019
Sun spoke further of the listing adding that it would push adoption further: “With our listing on eToro, we’re giving TRX holders another great platform on which to manage their assets,” Sun said. “These steps will help grow the blockchain community and expand our reach around the world.”
Tron enthusiasts rejoiced after the prominent listing announcement:
And I’ve just got bags full 👍🏻 @justinsuntron
— XRP Bart (@XrpBart) March 25, 2019
Congrats #TRON 👏👏👏
— MJ (@MJCrypto2) March 25, 2019
— CryptonatorFR (@cryptonatorFR) March 25, 2019
interestingly one user brought up the issue if eToro’s crypto custody policy, asking Mati Greenspan, eToro’s senior market analysts for clarification:
I dnt think they offer the actual coin/token, right @MatiGreenspan ?
— Crypto Manila (@crypto_manila) March 25, 2019
Greenspan replied, confirming that eToro acts as a custodian, meaning that no actual cryptocurrency withdrawal can take place, adding that this measure is being initiated on eToro’s new exchange platform, eTorox:
We are also working on a new crypto wallet that will allow our clients to withdraw crypto, which is now seeing a gradual rollout, and a new crypto exchange site @etorox, which is currently in beta testing.
— Mati Greenspan (@MatiGreenspan) March 25, 2019
Read more: Justin Sun wants to build a monument of Ethereum and Vitalik Buterin