The platform, which also supports altcoins like XRP and Bitcoin Cash (BCH), allows users to select exchange rates and payment methods that include both crypto and fiat currencies.
Following the listing, TRON CEO Justin Sun posted a video saying, “OKEx has a great reputation, risk management and trading environment. I have full confidence in this collaboration and hope both OKEx users and TRON fans will enjoy trading on TRX on OKEx.”
To promote the launch, OKEx has announced a $120,000 TRX giveaway, which is broken down into two categories: deposits and trading — both of which end on March 13 at 10:00 PM (EST).
With the deposit competition, users who deposit more than 1,000 TRX will receive $1.50 worth of TRX on a first-come, first-serve basis until $30K worth of TRX is dispensed.
The trading competition is a bit more lucrative, as users who compete will be ranked according to their TRX volume and the top 8,888 users will be rewarded between $2 and $280 worth of TRX.
TRX is currently up 0.17% on the day to $0.022574, giving it a $1.5 billion market cap and making it the ninth-largest coin in the AltDex 100 Index (ALT100), a benchmark index for major cryptocurrencies.
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.