Tron’s First Decentralized Exchange Goes Live
Tron’s Decentralized Exchange (DEX) went live on Tronscan.org yesterday. The DEX was made public with the additional option added to the website Tronscan.org.
The DEX currently has six tokens listed:
Image Source: Tronscan.orgUsers who wish to use the DEX have to connect their wallets in the platform on the top right-hand corner. There is also an option for users who do not have a wallet to create one first before they can access the DEX.
Any Token projects created on the Tron network can apply to get listed on the DEX by simply filling a form. More tokens are expected to be listed on the platform as it increases liquidity and provides a platform for users to trade those tokens without having to rely on a centralized exchange.
Misha Lederman Tweeted:
Another DEX built on the Tron Network is Tron Watch Market which is already released a Demo Version. The company has already completed its token sale, it plans to be the fastest Decentralized Exchange ever built. Once released users will be able to trade Tron, Tron10 and Tron20 tokens on the platform.
In other news, Tron surpassed Ethereum’s record for the most number of transactions in a single day on November 9th. With dApss like TronBet and TronDice the number of transactions and transaction volume has been consistently increasing in the Tron network.
SEC charges decentralized exchange, EtherDelta, for operating unregulated cryptocurrency exchange
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