One of the best performing coins in the first month of 2019, Tron (TRX) has been added to BitBNS, an Indian cryptocurrency exchange. The exchange announced on their Twitter page that the TRX token will be paired with Tether (USDT).
This is the fourth coin to gain listing under the USDT tab after Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) making the achievement even greater for the 8th placed coin according to market capitalization.
TRX/USDT pair goes live on BitBNY cryptocurrency exchange (Image; Twitter)
The Indian regulation authorities have given out a stern warning against cryptocurrency trading in the country. Further regulations have been placed on local banks to prohibit them from funding crypto startups. BitBNY however is set to continue its operations while promising to add more coin pairs in future.
Tron (TRX) price analysis
TRX price against the dollar in January 2019 (Image: Coinmarketcap)
Tron has had a productive January 2019 after the launch of the BitTorrent token (BTT), owned by the Tron Foundation, which pushed the price of TRX higher. Tron is currently trading at $0.025474 USD, representing a loss of 6.64% in the last 24 hours as the market suffered a strange drop in prices.
The coin retains its top 10 position (currently 8th) with a total market capitalization of $1,698,250,117 USD.